Seller Guaranties definition

Seller Guaranties means any and all guaranties, letters of credit, bonds, cash deposits, and other sureties, indemnities and credit assurances provided to any Governmental Authority, contract counterparty or other Person by Seller or any of its Affiliates related to the Properties, including those items, if any, listed on Schedule 1.1-4.

Seller Guaranties has the meaning set forth in Section 5.8.

Seller Guaranties means any and all guaranties, letters of credit, bonds, cash deposits, and other sureties, indemnities and credit assurances provided to any Governmental Authority, contract counterparty or other Person by Seller or any of its Affiliates related to the Properties.

Examples of Seller Guaranties in a sentence

• Buyer shall obtain, effective as of the Closing Date, the release of all Seller Guaranties and any obligations of Seller or its Affiliates related thereto, in form and substance satisfactory to Seller, and, at the Closing, shall return or reimburse Seller for any such cash deposits and replace all bonds, letters of credit, guaranties and other surety arrangements and credit assurances provided, funded or otherwise supported by Seller or its Affiliates.

• Schedule 6.1(s) lists all Seller Guaranties maintained by Seller or any of its Affiliates with respect to the Assets.

• The Seller further agrees that to the extent the Seller or any of its Subsidiaries is required to make any payment in connection with such Seller Guaranties on or after the Closing Date, the Buyer shall indemnify, defend and hold harmless the Seller against, and reimburse the Seller for, any and all amounts paid in connection therewith.

• Between the Execution Date and Closing, Purchaser shall obtain, in the name of Purchaser or of its Affiliates, replacements for each of the Seller Guaranties set forth on Schedule 6.1(s).

• At or prior to Closing, Purchaser shall deliver to Seller evidence of such replacements with all applicable Governmental Authorities of such Seller Guaranties.

More Definitions of Seller Guaranties

Seller Guaranties shall have the meaning set forth in Section 8.06.

Seller Guaranties means any guarantees (including under any Contract, letter of credit, Real Property Lease or Business Permit), surety bonds, covenants, indemnities, letters of credit, undertakings and similar credit assurances (and any collateral, indemnity or other agreements associated therewith) provided by, on behalf of or for the account of any Seller or any Retained Subsidiary exclusively in connection with or exclusively relating to the Business, the Acquired Assets or the Acquired Entities.

Seller Guaranties means the guaranty agreements in the form of Exhibit 1.01B and Exhibit 1.01C executed and delivered by each of GE Parent and Tyr Parent, as applicable, on the Closing Date. “Seller Indemnified Parties” and “Seller Indemnified Party” are defined in Section 12.02.

Seller Guaranties has the meaning set forth in Section 2.9(a)(xiv).

Seller Guaranties means the guaranties made or issued by or on behalf of Seller or its Affiliates (other than the Acquired Companies) for the benefit of the Acquired Companies listed on Schedule 6.10 under the heading “Guaranties”.

Seller Guaranties means the guaranty agreements in the form of Exhibit 1.01B and Exhibit 1.01C executed and delivered by each of GE Parent and Tyr Parent, as applicable, on the Closing Date. “Seller Indemnified Parties” and “Seller Indemnified Party” are defined in Section 12.02. CONFIDENTIAL TREATMENT REQUESTED FOR PORTIONS OF THIS DOCUMENT. PORTIONS FOR WHICH CONFIDENTIAL TREATMENT IS REQUESTED ARE DENOTED BY [CONFIDENTIAL TREATMENT REQUESTED]. MATERIAL OMITTED HAS BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION.

Seller Guaranties means all liability and obligations under all performance bonds related to the Business, including the indemnity obligations owed by Seller pursuant to the Company’s agreement with its bonding company, all guaranties of any obligations of the Company or any of its Subsidiaries, including the release of Seller from its guaranty to Xxx County, Florida, all letters of credit related to the Business, and all Contracts related to the Business to which Seller or any such Affiliate is a party or is bound after the Effective Time. Purchaser shall cause all documents evidencing such releases from the Seller Guaranties to be in form and substance reasonably satisfactory to Seller.