Examples of Seller Guarantor in a sentence
If the Seller Guarantor ceases to be an Acceptable Guarantor, then Seller shall be required to either (i) provide a replacement Seller Guaranty from a different Acceptable Guarantor, or (ii) replace the Seller Guaranty provided by the unqualified Seller Guarantor with a Seller Letter of Credit meeting the criteria set forth in this Article 16, in each case, no later than ten (10) Business Days after such the Guarantor ceases to be an Acceptable Guarantor.
The Seller Guarantor is executing the Joinder to this Agreement to confirm its agreement to its obligations under this Section 10.1(b)(iii).
Seller Guarantor shall guaranty the obligations of Seller under this Section 10.1(b)(iii).
The provisions of this Section 11.1 shall survive the Closing pursuant to Section 11.4, subject, however, to the provisions of Section 11.6. BREIT Hotel Holdings LLC, a Delaware limited liability company (“Seller Guarantor”) shall guaranty the obligations of Seller under this Section 11.1. The Seller Guarantor is executing the Joinder to this Agreement to confirm its agreement to its obligations under this Section 11.1.