No Guarantee of Employment. Nothing in this Agreement shall be deemed to entitle the Executive to continued employment with the Corporation or any of its Subsidiaries and the rights of the Corporation and its Subsidiaries to terminate the employment of the Executive shall continue as fully as if this Agreement were not in effect; provided that any Qualified Termination of Employment shall entitle the Executive to the benefits herein provided.
Expedia Parent Payment Guarantee. Expedia Parent irrevocably, absolutely and unconditionally jointly and severally guarantees to Decolar the full and timely payment of Expedias payment obligations hereunder, in each case during the Term (the Expedia Guaranteed Obligations). This is a guarantee of payment, and Expedia Parent acknowledges and agrees that this guarantee is full and unconditional, and no release or extinguishment of Expedias obligations or liabilities under this Agreement, whether by decree in any bankruptcy proceeding or otherwise, shall affect the continuing validity and enforceability of this guarantee. Without limiting the generality of the foregoing, Expedia Parent authorizes Expedia in its sole and absolute discretion, without any notice to or consent of Expedia Parent and without in any way discharging, terminating, releasing, affecting or impairing the obligations of Expedia Parent hereunder, to # amend, modify, extend or accelerate the time or manner of payment for or performance of the Expedia Guaranteed Obligations or otherwise amend or modify any other terms of provisions of this Agreement in accordance with its terms, # release, discharge, compromise or make any settlement with Decolar in respect of the Expedia Guaranteed Obligations or # exercise any right or power conferred in this Agreement, or fail or omit to enforce any such right or power, or waive any covenant or condition therein provided
Covenant to Guarantee Obligations. (i) On any date after the Effective Date that any Domestic Subsidiary incurs any Debt of the types described in [clause [(g) or (h)])]])] of the definition of Debt in respect of Guaranteed Debt (as defined in the definition of Debt) for borrowed money of the Borrower having an outstanding principal amount of more than , or # on any date after the Effective Date following a written request by the Borrower to the Agent stating the Borrowers intention to add a Guarantor hereunder, then the Borrower shall, at its own expense:
No Guarantee of Employment. Nothing contained herein shall impose any obligation on the Company to continue the tenure of an Officer beyond the term for which such Officer may have been elected or appointed, or shall prevent the discipline or discharge of an Officer.
No Guarantee of Employment. Nothing contained in the Plan or this Agreement shall be construed or deemed by any person under any circumstances to bind the Company to grant the Employee any right to remain an Employee of the Company during the vesting period or otherwise.
The guarantee given by the Parent Borrower in this [Article IV] is a guaranty of payment and not of collection, is a continuing guarantee, and shall apply to all Canadian Obligations whenever arising. The Lenders further agree that this Guaranty may not be enforced against any director, officer, employee or stockholder of the Parent Borrower.
disagrees with such determination (including a reasonable description of the basis upon which it disagrees) and # that any such Indebtedness of Holdings is subordinated in right of payment to its Guarantee under the Guarantee Agreement; provided further that any such Indebtedness shall constitute Permitted Holdings Debt only if immediately after giving effect to the issuance or incurrence thereof, no Event of Default shall have occurred and be continuing;
FS Investment Corporation IV (“Guarantor”) has guaranteed all of the present and future obligations of under the Master Agreement pursuant to a guarantee dated as of the date hereof (the “Guarantee”) between Guarantor and . Guarantor will be a Credit Support Provider, and the Guarantee will be a Credit Support Document, with respect to . The obligations of the Guarantor under the Guarantee shall, so long as no Event of Default in relation to as Defaulting Party has occurred and is then continuing and no Early Termination Date has been designated by , terminate and be of no further force of effect on the Portfolio Criteria Satisfaction Date.
SECOND LIEN GUARANTEE AND COLLATERAL AGREEMENT [Section 4.02] Voting Rights; Dividends and Interest. (a)Unless and until an Event of Default shall have occurred and be continuing and the Collateral Agent shall have notified the Grantors that their rights under this Section are being suspended:
Continuing Effect of Credit Agreement. Except as modified pursuant hereto, no other changes or modifications to the Credit Agreement or any other Loan Document are intended or implied by this Agreement and in all other respects the Credit Agreement and the other Loan Documents hereby are ratified and reaffirmed by all parties hereto as of the date hereof. To the extent of any conflict between the terms of this Agreement, the Credit Agreement and the other Loan Documents, the terms of this Agreement will govern and control. The Credit Agreement and this Agreement will be read and construed as one agreement.
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