Personal Guarantees definition
Personal Guarantees shall have the meaning set forth in Section 4.23.
Personal Guarantees means the limited personal guarantees disclosed in Item 2 of Schedule 2.13 of the Company Disclosure Letter.
Personal Guarantees means those personal guarantees and indemnities of Company obligations set forth in Section 1.1(a) of the Sellers’ Disclosure Schedule.
Examples of Personal Guarantees in a sentence
Following Closing, the Buyer and Seller Parties agree to cooperate and use their commercially reasonable efforts to effect the cancellation and release of the Sellers Parties from the Personal Guarantees, including those listed in on Section 3.05(b) of the Disclosure Schedules.
From and after the Closing, the Buyer will indemnify and hold the Seller Parties harmless with respect to payment obligations the Seller Parties are required to make under the Personal Guarantees with respect to the Business, until all such Personal Guarantees are released as contemplated by this Section 5.12, provided that the underlying amounts were taken into account in Closing Working Capital or Indebtedness.
More Definitions of Personal Guarantees
Personal Guarantees means any Hong Kong law governed personal guarantee given by the Guarantor(s) in favour of the Lender, in the form and substance satisfactory to the Lender.
Personal Guarantees means both (i) the Specific Counter Indemnity entered into by Struan ▇▇▇▇▇▇▇▇ and ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ on 24 October 1996 in ▇▇▇▇▇▇ & Co's standard form and the Charge over Credit Balance entered into by ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ on 24 October 1996 in consideration of ▇▇▇▇▇▇ & Co executing a guarantee of CHF 200,000 and (ii) a Second Legal mortgage over the property known as ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇ entered into by ▇▇▇ ▇▇▇▇▇▇ and Mrs. M ▇▇▇▇▇▇ limited to the sum of pounds sterling 135,000 and a Specific Counter Indemnity entered into by ▇▇▇ ▇▇▇▇▇▇ in ▇▇▇▇▇▇ & Co's standard form in consideration of ▇▇▇▇▇▇ & Co executing a guarantee of CHF 200,000, each of ▇▇▇▇▇▇ & Co's guarantees relating to the guarantees provided by Swiss Bank Corporation for CHF 200,000 in favour of Federation Internationale de Football Association ("FIFA") in relation to the FIFA Licenses granted to Struan ▇▇▇▇▇▇▇▇ and ▇▇▇ ▇▇▇▇▇▇.
Personal Guarantees means, together, each of the personal guarantees executed or (as the context may require) to be executed by the Sponsors in favour of the Bank under the Letters of Undertaking, in such form as the Bank may in its sole discretion require, or (as the context may require) any substitute personal guarantee accepted by the Bank pursuant to clause 10.1.29 and “Personal Guarantee” means either of them;
Personal Guarantees means the following personal guarantees of the Principals for any obligations of the Companies to third parties: (i) Guaranty of Lease dated as of November 14, 2008 by the Principals in favor of AFG Investment 5, LLC, pursuant to which the Principals, jointly and severally, guarantee the obligations of Success Healthcare 1, LLC owing pursuant to that certain Amended and Restated Master Lease Agreement with respect to that certain real property located at 7500 East Hellman Avenue, Rosemead, California, up to an aggregate amount not to exceed $1,000,000; and (ii) Limited Guaranty dated September 19, 2008 by the Principals in favor of Concordia Bank & Trust, Co., pursuant to which the Principals, jointly and severally, guarantee the obligations of Vidalia Real Estate Partners LLC owing to Concordia Bank & Trust, Co., pursuant to financings thereby, up to a maximum amount not to exceed
Personal Guarantees means the personal guarantees of ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ and ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ relating to the operation of the Business, including those listed on Section 3.05(b) of the Disclosure Schedules.
Personal Guarantees means any guarantees, indemnities, security or other credit support provided by VK and AK in favour of the Eurobank and/or Optima bank solely and exclusively in respect of the Guaranteed Liabilities.
Personal Guarantees means the guarantee and indemnity to be provided for by the Personal Guarantors referred to in clause 12 of the Loan Agreement and “Personal Guarantee” means any of them;