Guarantee Obligations Sample Clauses

Guarantee Obligations. Guarantee any obligations of any Person;
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Guarantee Obligations. Guarantee or otherwise, directly or indirectly, in any way be or become responsible for obligations of any other Person, whether by agreement to purchase the indebtedness of any other Person, agreement for the furnishing of funds to any other Person through the furnishing of goods, supplies or services, by way of stock purchase, capital contribution, advance or loan, for the purpose of paying or discharging (or causing the payment or discharge of) the indebtedness of any other Person, or otherwise, except for the endorsement of negotiable instruments by the Borrower in the ordinary course of business for deposit or collection.
Guarantee Obligations. MII and B&W shall cooperate and B&W shall use its commercially reasonable efforts to terminate, or to cause B&W, one of its Subsidiaries, or one of its Affiliates (other than, if applicable, MII or any of its Subsidiaries) to be substituted in all respects for MII and any of its Subsidiaries in respect of, all obligations of MII or any of its Subsidiaries under any loan, financing, lease, Contract or other obligation (other than Surety Instruments governed by Section 6.7) in existence as of the Distribution Time pertaining to the B&W Business for which MII or any of its Subsidiaries is or may be liable as guarantor (“MII Guarantees”). If such a termination or substitution is not effected by the Distribution Time, (i) B&W shall indemnify and hold harmless the MII Group for any Losses arising from or relating to MII Guarantees and (ii) neither MII nor any of its Subsidiaries will have any obligation to renew any MII Guarantees after the expiration of such MII Guarantees. To the extent that MII or any of its Subsidiaries have performance obligations under any MII Guarantee, B&W will use its commercially reasonable efforts to (i) perform such obligations on behalf of MII and its Subsidiaries or (ii) otherwise take such action as reasonably requested by MII so as to put MII and its Subsidiaries in the same position as if B&W, and not MII and its Subsidiaries, had performed or were performing such obligations. If B&W is unable to be substituted in all respects for any of the MII Guarantees within ten days after a Change of Control of B&W, B&W will cause letters of credit to be issued to MII (or, as applicable, the Subsidiaries of MII that are directly or contingently liable with respect thereto) by one or more financial institutions reasonably acceptable to MII to provide, in each case, MII (or, as applicable, its Subsidiaries) with prompt cash reimbursement, in full, in the event of any event giving rise to any payment obligation on the part of MII or any of its Subsidiaries with respect to any such MII Guarantee, for so long as such MII Guarantees remain outstanding or in effect.
Guarantee Obligations. Guarantee or permit Operating Lessee to guarantee any obligations of any Person;
Guarantee Obligations. The Borrower will not, and will not permit any of its Subsidiaries to, create, incur, assume or suffer to exist or otherwise become or be liable in respect of any Guarantee Obligation other than, without duplication, the following:
Guarantee Obligations. Each Guarantor irrevocably and unconditionally, jointly and severally:
Guarantee Obligations. Contract, create, incur, assume or permit to exist any Guarantee Obligations, except Permitted Guarantee Obligations.
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Guarantee Obligations. The Borrower will not, nor will it permit any Subsidiary to, contract, create, incur, assume or permit to exist any Guarantee Obligations, except Permitted Guarantee Obligations.
Guarantee Obligations. (a) Lazard Group and LFCM shall cooperate, and shall cause their respective Groups to cooperate, to terminate, or to cause a Lazard Group Company to be substituted in all respects for any LFCM Company in respect of, all obligations of any LFCM Company under any Lazard Group Liabilities for which such LFCM Company may be liable, as guarantor, original tenant, primary obligor or otherwise. If such a termination or substitution is not effected by the Distribution Time, (i) Lazard Group shall indemnify and hold harmless the LFCM Indemnitees for any Indemnifiable Loss arising from or relating thereto, and (ii) without the prior written consent of LFCM, from and after the Distribution Time, Lazard Group shall not, and shall not permit any other Lazard Group Company to, renew or extend the term of, increase its obligations under, or transfer to a third party, any loan, lease, contract or other obligation for which any LFCM Company is or may be liable unless all obligations of the LFCM Companies with respect thereto are thereupon terminated by documentation reasonably satisfactory in form and substance to LFCM; provided, that the limitations contained in clause (ii) shall not apply in the event that a Lazard Group Company obtains a letter of credit from a financial institution reasonably acceptable to LFCM and for the benefit of LFCM with respect to such obligation of the LFCM Companies.
Guarantee Obligations. (a) Noble and Paragon shall cooperate and Paragon shall use its best efforts to terminate, or to cause Paragon, one of its Subsidiaries, or one of its Affiliates to be substituted in all respects for Noble and any other member of the Noble Group in respect of, all obligations of Noble or any other member of the Noble Group under any Contract (other than Surety Instruments governed by Section 6.8) in existence as of the Distribution Date pertaining to the Paragon Business for which Noble or any other member of the Noble Group is or may be liable as guarantor (“Noble Guarantees”). If such a termination or substitution is not effected by the Distribution Date, (i) Paragon shall indemnify and hold harmless the Noble Group for any Losses arising from or relating to Noble Guarantees, and (ii) neither Noble nor any other member of the Noble Group will have any obligation to renew any Noble Guarantees after the expiration of such Noble Guarantees. To the extent that Noble or any other member of the Noble Group have performance obligations under any Noble Guarantee, Paragon will use its best efforts to (i) perform such obligations on behalf of Noble and the other member of the Noble Group or (ii) otherwise take such action as requested by Noble so as to put Noble and the other member of the Noble Group in the same position as if Paragon, and not Noble and the other member of the Noble Group, had performed or were performing such obligations. If Paragon is unable to be substituted in all respects for any of the Noble Guarantees within 10 days after a Change of Control of Paragon, upon the request of Noble, Paragon will cause letters of credit to be issued to Noble (or, as applicable, the other member of the Noble Group that are directly or contingently liable with respect thereto) by one or more financial institutions reasonably acceptable to Noble to provide, in each case, Noble (or, as applicable, any member of the Noble Group) with prompt cash reimbursement, in full, in the event of any event giving rise to any payment obligation on the part of Noble or any other member of the Noble Group with respect to any such Noble Guarantee, for so long as such Noble Guarantees remain outstanding or in effect.
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