Parent Guarantor definition
Examples of Parent Guarantor in a sentence
Execute any further instruments and take further action as Bank reasonably requests to perfect or continue Bank’s Lien in the Collateral, to ensure the Obligations are guaranteed by Parent Guarantor, Irish Guarantor and each Subsidiary of Borrower or to effect the purposes of this Agreement and the other Loan Documents.
If the Purchaser fails to perform or pay when due any Purchaser Guaranteed Obligation, the Parent Guarantor will perform or pay or cause to be performed or paid such Purchaser Guaranteed Obligation promptly upon demand therefor made by the Vendors’ Representative to the Parent Guarantor.
The shares of common stock of Parent Guarantor are delisted from NASDAQ Global Select Market because of failure to comply with continued listing standards thereof or due to a voluntary delisting which results in such shares not being listed on any other nationally recognized exchange or market in the United States having listing standards at least as restrictive as NASDAQ Global Select Market.
This Agreement constitutes the entire agreement between the Parties pertaining to the subject matter of this Agreement and supersedes all prior agreements, understandings, negotiations and discussions, whether oral or written, including that letter of intent dated September 25, 2024 from the Parent Guarantor.