Limited Guarantees. Concurrently with the execution of this Agreement, Parent has caused each of the Sponsors to deliver to the Company a duly executed Limited Guarantee. Assuming the due authorization, execution and delivery by the Company, each of the Limited Guarantees is in full force and effect and constitutes a legal, valid and binding obligation of the corresponding Sponsor, and no event has occurred, which, with or without notice, lapse of time or both, would constitute a default on the part of a Sponsor under the relevant Limited Guarantee.
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Samples: Agreement and Plan of Merger (Idg-Accel China Growth Fund Ii L P), Agreement and Plan of Merger (MEMSIC Inc)
Limited Guarantees. Concurrently with the execution of this Agreement, Parent has caused each of the Sponsors Sponsor Guarantors to deliver to the Company a duly executed Limited Guarantee. Assuming the due authorization, execution and delivery by the Company, each of the Limited Guarantees is in full force and effect and constitutes a legal, valid and binding obligation of the corresponding SponsorSponsor Guarantor, and no event has occurred, which, with or without notice, lapse of time or both, would constitute a default on the part of a Sponsor Guarantor under the relevant Limited Guarantee.
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Samples: Agreement and Plan of Merger (Focus Media Holding LTD)
Limited Guarantees. Concurrently with the execution of this Agreement, Parent has caused each of the Sponsors to deliver to the Company a duly executed Limited Guarantee. Assuming the due authorization, execution and delivery by the Company, each of the Each Limited Guarantees Guarantee is in full force and effect and constitutes a legal, valid valid, binding and binding specifically enforceable obligation of the corresponding each such Sponsor, and no event has occurred, which, with or without notice, lapse of time or both, would constitute a default on the part of a Sponsor the Sponsors under the relevant such Limited Guarantee.
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