Common use of Keepwell Clause in Contracts

Keepwell. Each Qualified ECP Guarantor hereby jointly and severally absolutely, unconditionally and irrevocably undertakes to provide such funds or other support as may be needed from time to time by each other Loan Party to honor all of its obligations under this Guaranty in respect of Swap Obligations (provided, however, that each Qualified ECP Guarantor shall only be liable under this Section 11.11 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this Section 11.11, or otherwise under this Guarantee, voidable under applicable Law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor under this Section 11.11 shall remain in full force and effect until all Commitments hereunder have terminated, and all Loans or other Obligations hereunder which are accrued and payable have been paid or satisfied (other than Cash Management Obligations and Obligations arising under any Secured Hedge Agreement), and no Letter of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory to the applicable L/C Issuer has been put in place). Each Qualified ECP Guarantor intends that this Section 11.11 constitute, and this Section 11.11 shall be deemed to constitute, a “keepwell, support, or other agreement” for the benefit of each other Loan Party for all purposes of Section 1a(18)(A)(v)(II) of the Commodity Exchange Act.

Appears in 10 contracts

Sources: Credit Agreement (Avantor, Inc.), Credit Agreement (Avantor, Inc.), Credit Agreement (Signify Health, Inc.)

Keepwell. Each Credit Party that is a Qualified ECP Guarantor at the time the Guarantee or the grant of the security interest under the Credit Documents, in each case, by any Specified Credit Party, becomes effective with respect to any Swap Obligation, hereby jointly and severally severally, absolutely, unconditionally and irrevocably undertakes to provide such funds or other support to each Specified Credit Party with respect to such Swap Obligation as may be needed by such Specified Credit Party from time to time by each other Loan Party to honor all of its obligations under this Guaranty its Guarantee and the other Credit Documents in respect of such Swap Obligations Obligation (providedbut, howeverin each case, that each Qualified ECP Guarantor shall only be liable under this Section 11.11 for up to the maximum amount of such liability that can be hereby incurred without rendering its such Qualified ECP Guarantor’s obligations and undertakings under this Section 11.11, 9.18 or otherwise under this Guarantee, the Guarantee voidable under applicable Law law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations and undertakings of each Qualified ECP Guarantor under this Section 11.11 9.18 shall remain in full force and effect until all Commitments hereunder have terminated, the Total Commitment and all Letters of Credit have terminated (unless such Letters of Credit have been Cash Collateralized on terms and conditions set forth in Section 3.8 hereof) and the Loans or and Unpaid Drawings, together with interest, fees and all other Obligations hereunder which are accrued and payable have been paid or satisfied (other than Hedging Obligations under Secured Hedging Agreements, Cash Management Obligations and Obligations arising under any Secured Hedge Agreement), and no Letter Cash Management Agreements or contingent indemnification obligations not then due) are paid in full or the release of Credit remains outstanding (except any Letter such Guarantor in accordance with Section 25 of Credit the Outstanding Amount of which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory to the applicable L/C Issuer has been put in place)Guarantee. Each Qualified ECP Guarantor intends that this Section 11.11 9.18 to constitute, and this Section 11.11 9.18 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of of, each other Loan Specified Credit Party for all purposes of Section 1a(18)(A)(v)(II) of the Commodity Exchange Act.

Appears in 10 contracts

Sources: Ninth Amendment (LPL Financial Holdings Inc.), Eighth Amendment (LPL Financial Holdings Inc.), Seventh Amendment (LPL Financial Holdings Inc.)

Keepwell. Each Loan Party that is a Qualified ECP Guarantor at the time the Guaranty in this Article IV by any Loan Party that is not then an “eligible contract participant” under the Commodity Exchange Act (a “Specified Loan Party”) or the grant of a security interest under the Loan Documents by any such Specified Loan Party, in either case, becomes effective with respect to any Swap Obligation, hereby jointly and severally severally, absolutely, unconditionally and irrevocably undertakes to provide such funds or other support to each Specified Loan Party with respect to such Swap Obligation as may be needed by such Specified Loan Party from time to time by each other Loan Party to honor all of its obligations under this Guaranty and the other Loan Documents in respect of such Swap Obligations Obligation (providedbut, howeverin each case, that each Qualified ECP Guarantor shall only be liable under this Section 11.11 for up to the maximum amount of such liability that can be hereby incurred without rendering its such Qualified ECP Guarantor’s obligations and undertakings under this Section 11.11, or otherwise under this Guarantee, Article IV voidable under applicable Law relating to fraudulent conveyance or fraudulent transferDebtor Relief Laws, and not for any greater amount). The obligations and undertakings of each Qualified ECP Guarantor under this Section 11.11 4.08 shall remain in full force and effect until all Commitments hereunder have terminated, and all Loans or other the Obligations hereunder which are accrued and payable have been paid or satisfied (other than (x) contingent indemnification or reimbursement obligations for which no claim has been asserted, (y) obligations and liabilities under Secured Cash Management Obligations Agreements and Obligations arising under any Secured Hedge Agreement), and no Letter of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of Agreements as to which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit arrangements reasonably satisfactory to the applicable Cash Management Bank or Hedge Bank shall have been made and (z) Letters of Credit as to which other arrangements reasonably satisfactory to the Administrative Agent and the L/C Issuer has shall have been put made or that have been Cash Collateralized in place)the amount of the Minimum Collateral Amount) have been paid and performed in full. Each Qualified ECP Guarantor Loan Party intends that this Section 11.11 4.08 to constitute, and this Section 11.11 4.08 shall be deemed to constitute, a “keepwell, support, or other agreement” for the benefit of each other Specified Loan Party for all purposes of Section 1a(18)(A)(v)(II) of the Commodity Exchange Act.

Appears in 7 contracts

Sources: Credit Agreement (Ciner Resources LP), Credit Agreement (Ciner Resources LP), Credit Agreement (Ciner Resources LP)

Keepwell. Each Credit Agreement Party that is a Qualified ECP Guarantor (as defined below) at the time the Credit Agreement Party Guaranty or the grant of the security interest under the Credit Documents, in each case, by any Specified Credit Party, becomes effective with respect to any Swap Obligation, hereby jointly and severally severally, absolutely, unconditionally and irrevocably undertakes to provide such funds or other support to each Specified Credit Party with respect to such Swap Obligation as may be needed by such Specified Credit Party from time to time by each other Loan Party to honor all of its obligations under this Credit Agreement Party Guaranty and the other Credit Documents in respect of such Swap Obligations Obligation (providedbut, howeverin each case, that each Qualified ECP Guarantor shall only be liable under this Section 11.11 for up to the maximum amount of such liability that can be hereby incurred without rendering its such Qualified ECP Guarantor’s obligations and undertakings under this Section 11.11, or otherwise under this Guarantee, 14.11 voidable under applicable Law law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations and undertakings of each Qualified ECP Guarantor under this Section 11.11 14.11 shall remain in full force and effect until all Commitments hereunder have terminated, and all Loans or other the Guaranteed Obligations hereunder which are accrued and payable have been indefeasibly paid or satisfied (other than Cash Management Obligations and Obligations arising under any Secured Hedge Agreement), and no Letter of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory to the applicable L/C Issuer has been put performed in place)full. Each Qualified ECP Guarantor intends that this Section 11.11 to constitute, and this Section 11.11 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of of, each other Loan Specified Credit Party for all purposes of the Commodity Exchange Act. “Qualified ECP Guarantor” shall mean, in respect of any Swap Obligation, each Credit Agreement Party that has total assets exceeding $10,000,000 at the time the Guaranty or grant of the relevant security interest becomes effective with respect to such Swap Obligation or such other person as constitutes an “eligible contract participant” under the Commodity Exchange Act or any regulations promulgated thereunder and can cause another person to qualify as an “eligible contract participant” at such time by entering into a keepwell under Section 1a(18)(A)(v)(II) of the Commodity Exchange Act. A Specified Credit Party means any Credit Agreement Party that is not “an eligible contract participant” under the Commodity Exchange Act (determined after giving effect to this Section 14.11).

Appears in 5 contracts

Sources: First Lien Term Loan Credit Agreement (PAE Inc), Second Lien Term Loan Credit Agreement (PAE Inc), Second Lien Term Loan Credit Agreement (PAE Inc)

Keepwell. Each Loan Party that is party hereto and is a Qualified ECP Guarantor at the time any Guarantee by any Specified Loan Party (or, in the case of the Company as such Loan Party that is party hereto and is a Qualified ECP Guarantor, at the time any Guarantee by any Specified Loan Party or Specified Foreign Loan Party) becomes effective with respect to any Swap Obligation, hereby jointly and severally severally, absolutely, unconditionally and irrevocably undertakes to provide such funds or other support to each Specified Loan Party (or, in the case of the Company as Qualified ECP Guarantor, to each Specified Loan Party and to each Specified Foreign Loan Party) with respect to such Swap Obligation as may be needed by such Specified Loan Party or Specified Foreign Loan Party, as applicable, from time to time by each other Loan Party to honor all of its obligations under this its Guaranty and the other Loan Documents in respect of such Swap Obligations Obligation (providedbut, howeverin each case, that each Qualified ECP Guarantor shall only be liable under this Section 11.11 for up to the maximum amount of such liability that can be hereby incurred without rendering its such Qualified ECP Guarantor’s obligations and undertakings under this Section 11.11, or otherwise under this Guarantee, 10.20 voidable under applicable Law law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations and undertakings of each Qualified ECP Guarantor under this Section 11.11 shall remain in full force and effect until all Commitments hereunder have terminated, and all Loans or other the Obligations hereunder which are accrued and payable have been indefeasibly paid or satisfied (other than Cash Management Obligations and Obligations arising under any Secured Hedge Agreement), and no Letter of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory to the applicable L/C Issuer has been put performed in place)full. Each Qualified ECP Guarantor intends that this Section 11.11 to constitute, and this Section 11.11 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of of, each other Specified Loan Party or Specified Foreign Loan Party, as applicable, for all purposes of Section 1a(18)(A)(v)(II) of the Commodity Exchange Act. For the avoidance of doubt, (a) no Foreign Obligor or Excluded Subsidiary shall be a Qualified ECP Guarantor, and (b) only the Company (and no other Loan Party) shall be a Qualified ECP Guarantor on behalf of any Specified Foreign Loan Party.

Appears in 5 contracts

Sources: Credit Agreement (Stericycle Inc), Amended and Restated Credit Agreement (Stericycle Inc), Credit Agreement (Stericycle Inc)

Keepwell. Each Loan Party that is a Qualified ECP Guarantor (as hereinafter defined) at the time this Guaranty by any Specified Loan Party becomes effective with respect to any Swap Obligation, hereby jointly and severally severally, absolutely, unconditionally and irrevocably undertakes to provide such funds or other support to each Specified Loan Party with respect to such Swap Obligation as may be needed by such Specified Loan Party from time to time by each other Loan Party to honor all of its obligations under this Guaranty and the other Loan Documents in respect of such Swap Obligations Obligation (providedbut, howeverin each case, that each Qualified ECP Guarantor shall only be liable under this Section 11.11 for up to the maximum amount of such liability that can be hereby incurred without rendering its such Qualified ECP Guarantor’s obligations and undertakings under this Section 11.11, or otherwise under this Guarantee, 22 voidable under applicable Law law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations and undertakings of each Qualified ECP Guarantor under this Section 11.11 22 shall remain in full force and effect until all Commitments hereunder have terminated, and all Loans or other the Guaranteed Obligations hereunder which are accrued and payable have been indefeasibly paid or satisfied (other than Cash Management Obligations and Obligations arising under any Secured Hedge Agreement), and no Letter of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory to the applicable L/C Issuer has been put performed in place)full. Each Qualified ECP Guarantor intends that this Section 11.11 22 to constitute, and this Section 11.11 22 shall be deemed to constitute, a Guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of of, each other Specified Loan Party for all purposes of the Commodity Exchange Act. For purposes of this Section 1a(18)(A)(v)(II22, “Qualified ECP Guarantor” means, at any time, each Guarantor with total assets exceeding $10,000,000 or that qualifies at such time as an “eligible contract participant” under the Commodity Exchange Act and can cause another Person to qualify as an “eligible contract participant” at such time under §1418 (A)(v)(II) of the Commodity Exchange Act.

Appears in 5 contracts

Sources: Credit Agreement (NVR Inc), Credit Agreement (NVR Inc), Credit Agreement (NVR Inc)

Keepwell. Each Guarantor that is a Qualified ECP Guarantor (as defined below) at the time this Guaranty or at the time the grant of the security interest under the Credit Documents, in each case, by any Credit Party, becomes effective with respect to any Swap Obligation, hereby jointly and severally severally, absolutely, unconditionally and irrevocably undertakes to provide such funds or other support to each other Credit Party with respect to such Swap Obligation as may be needed by such Credit Party from time to time by each other Loan Party to honor all of its obligations under this Guaranty and the other Credit Documents in respect of such Swap Obligations Obligation (providedbut, howeverin each case, that each Qualified ECP Guarantor shall only be liable under this Section 11.11 for up to the maximum amount of such liability that can be hereby incurred without rendering its such Qualified ECP Guarantor’s obligations and undertakings under this Section 11.11, or otherwise under this Guarantee, 7.12 voidable under applicable Law law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations and undertakings of each Qualified ECP Guarantor under this Section 11.11 7.12 shall remain in full force and effect until all Commitments hereunder have terminated, and all Loans or other the Obligations hereunder which are accrued and payable have been indefeasibly paid or satisfied (other than Cash Management Obligations and Obligations arising under any Secured Hedge Agreement), and no Letter of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory to the applicable L/C Issuer has been put performed in place)full. Each Qualified ECP Guarantor intends that this Section 11.11 7.12 to constitute, and this Section 11.11 7.12 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of of, each other Loan Credit Party for all purposes of Section the Commodity Exchange Act. “Qualified ECP Guarantor” shall mean, at any time, each Credit Party with total assets exceeding $10,000,000 or that qualifies at such time as an “eligible contract participant” under the Commodity Exchange Act and can cause another person to qualify as an “eligible contract participant” at such time under §1a(18)(A)(v)(II) of the Commodity Exchange Act.

Appears in 4 contracts

Sources: Credit and Guaranty Agreement and Pledge and Security Agreement (Lannett Co Inc), Credit and Guaranty Agreement (Lannett Co Inc), Credit and Guaranty Agreement (Lannett Co Inc)

Keepwell. Each Qualified ECP Guarantor (as defined below) hereby jointly and severally severally, absolutely, unconditionally and irrevocably undertakes to provide such funds or and other support as may be needed from time to time by each other Loan Credit Party to honor all of its obligations under this Guaranty and the other Loan Documents in respect of Swap Obligations (provided, however, that each Qualified ECP Guarantor shall only be liable under this Section 11.11 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this Section 11.11Section, or otherwise under this GuaranteeGuaranty or any other Loan Document, voidable under applicable Law relating to fraudulent conveyance or fraudulent transfer, Debtor Relief Laws and not for any greater amount). The Subject to Section 2.10, the obligations of each Qualified ECP Guarantor under this Section 11.11 shall remain in full force and effect until all Commitments hereunder have terminated, of the Guaranteed Obligations and all Loans or other Obligations hereunder which are accrued and payable the obligations of the Guarantors shall have been paid or satisfied (other than Cash Management Obligations in full in cash and Obligations arising under any Secured Hedge Agreement), and no Letter of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory to the applicable L/C Issuer has been put in place)Commitments terminated. Each Qualified ECP Guarantor intends that this Section 11.11 constitute, and this Section 11.11 shall be deemed to constitute, a “keepwell, support, support or other agreement” for the benefit of each other Loan Credit Party for all purposes of Section 1a(18)(A)(v)(II) of the Commodity Exchange Act. For purposes of this Section, “Qualified ECP Guarantor” means, in respect of any Swap Obligation, each Credit Party that has total assets exceeding $10,000,000 at the time the relevant guarantee or grant of the relevant security interest becomes effective with respect to such Swap Obligation or such other Person as constitutes an “eligible contract participant” under the Commodity Exchange Act or any regulations promulgated thereunder and can cause another Person to qualify as an “eligible contract participant” at such time by entering into a keepwell under Section 1a(18)(A)(v)(II) of the Commodity Exchange Act.

Appears in 4 contracts

Sources: Subsidiary Guaranty Agreement, Subsidiary Guaranty Agreement (Switch, Inc.), Subsidiary Guaranty Agreement (Switch, Inc.)

Keepwell. Each If Holdings is a Qualified ECP Guarantor (as defined below) at the time the Subsidiaries Guaranty or the grant of the security interest under the Credit Documents, in each case, by any Specified Credit Party, becomes effective with respect to any Swap Obligation, it hereby jointly and severally severally, absolutely, unconditionally and irrevocably undertakes to provide such funds or other support to each Specified Credit Party with respect to such Swap Obligation as may be needed by such Specified Credit Party from time to time by each other Loan Party to honor all of its obligations under this the Subsidiaries Guaranty and the other Credit Documents in respect of such Swap Obligations Obligation (providedbut, howeverin each case, that each Qualified ECP Guarantor shall only be liable under this Section 11.11 for up to the maximum amount of such liability that can be hereby incurred without rendering its Holdings’ obligations and undertakings under this Section 11.11, or otherwise under this Guarantee, 14.11 voidable under applicable Law law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations and undertakings of each Qualified ECP Guarantor Holdings under this Section 11.11 14.11 shall remain in full force and effect until all Commitments hereunder have terminated, and all Loans or other the Guaranteed Obligations hereunder which are accrued and payable have been paid or satisfied (other than Cash Management Obligations and Obligations arising under any Secured Hedge Agreement), and no Letter of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory to the applicable L/C Issuer has been put performed in place)full. Each Qualified ECP Guarantor Holdings intends that this Section 11.11 14.11 to constitute, and this Section 11.11 14.11 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of of, each other Loan Specified Credit Party for all purposes of the Commodity Exchange Act. “Qualified ECP Guarantor” shall mean, in respect of any Swap Obligation, that such Person guaranteeing such Swap Obligation has total assets exceeding $10,000,000 at the time the guaranty or grant of the relevant security interest becomes effective with respect to such Swap Obligation or such other Person as constitutes an “eligible contract participant” under the Commodity Exchange Act or any regulations promulgated thereunder and can cause another person to qualify as an “eligible contract participant” at such time by entering into a keepwell under Section 1a(18)(A)(v)(II) of the Commodity Exchange Act.

Appears in 3 contracts

Sources: Term Loan Credit Agreement (Vertiv Holdings Co), Term Loan Credit Agreement (Vertiv Holdings Co), Term Loan Credit Agreement (Vertiv Holdings Co)

Keepwell. Each Without limiting anything in this Article 10, each Qualified ECP Guarantor hereby jointly and severally absolutely, unconditionally and irrevocably undertakes to provide such funds or other support as may be needed from time to time by to each other Loan Party Guarantor that is not an “eligible contract participant” under the Commodity Exchange Act at the time the guarantee under this Article 10 becomes effective with respect to any Swap Obligation, to honor all of its obligations the Obligations of such Guarantor under this Guaranty Article 10 in respect of such Swap Obligations (provided, however, that each Qualified ECP Guarantor shall only be liable under this Section 11.11 10.11 for the maximum amount of such liability that can be hereby incurred without rendering its obligations undertaking under this Section 11.1110.11, or otherwise under this GuaranteeArticle 10, voidable under applicable Law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations undertaking of each Qualified ECP Guarantor under this Section 11.11 shall 10.11shall remain in full force and effect until all termination of the Commitments hereunder have terminated, and payment in full of all Loans or and other Credit Party Obligations hereunder which are accrued and payable have been paid or satisfied (other than Cash Management Obligations and Obligations arising under any Secured Hedge Agreement), and (i) contingent indemnification obligations to the extent no Letter of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of which the Obligations related claim giving rise thereto has been asserted, (ii) Bank Product Debt that, at the time of determination, are allowed by the Person to whom such Bank Product Debt are owing to remain outstanding or are not required to be repaid or cash collateralized pursuant to the provisions of any document governing such Bank Product Debt, and (iii) the Letters of Credit so long as such Letters of Credit have been cancelled or returned to the Issuing Lender or the Issuing Lender has received Cash Collateralized Collateral (or for which a backstop letter of credit reasonably other collateral satisfactory to the applicable L/C Issuer has been put in placeIssuing Lender) with respect to such Letters of Credit). Each Qualified ECP Guarantor intends that this Section 11.11 10.11 constitute, and this Section 11.11 10.11 shall be deemed to constitute, a “keepwell, support, or other agreement” for the benefit of each other Loan Party for all purposes of Section 1a(18)(A)(v)(II) of Guarantor that would otherwise not constitute an “eligible contract participant” under the Commodity Exchange Act.

Appears in 3 contracts

Sources: Credit Agreement (Fluent, Inc.), Credit Agreement (Fluent, Inc.), Credit Agreement (Fluent, Inc.)

Keepwell. Each Loan Party that is a Qualified ECP Guarantor at the time the Guarantee under the Guarantee and Collateral Agreement is entered into by any Loan Party that is not then an “eligible contract participant” under the Commodity Exchange Act (a “Specified Loan Party”) or at the time any such Specified Loan Party grants a security interest under the Loan Documents, hereby jointly and severally severally, absolutely, unconditionally and irrevocably undertakes to provide such funds or other support to each Specified Loan Party with respect to such Swap Obligation as may be needed by such Specified Loan Party from time to time by each other Loan Party to honor all of its obligations under this Guaranty the Loan Documents in respect of such Swap Obligations Obligation (providedbut, howeverin each case, that each Qualified ECP Guarantor shall only be liable under this Section 11.11 for up to the maximum amount of such liability that can be hereby incurred without rendering its such Qualified ECP Guarantor’s obligations and undertakings under this Section 11.11, or otherwise under this Guarantee, the Guarantee and Collateral Agreement voidable under the Bankruptcy Code of the United States (or similar debtor relief laws of the United States or other applicable Law relating to fraudulent conveyance or fraudulent transferjurisdictions), and not for any greater amount). The obligations and undertakings of each Qualified ECP Guarantor applicable Loan Party under this Section 11.11 shall remain in full force and effect until all Commitments hereunder have terminated, and all Loans or such time as the Obligations (other Obligations hereunder which are accrued and payable than contingent indemnification obligations that survive the termination of this Agreement) have been paid in full, the Commitments have expired or satisfied terminated and all Letters of Credit and FCIs shall have expired (other than Cash Management Obligations and Obligations arising under without any Secured Hedge Agreementpending drawing) or terminated (or been fully cash collateralized or otherwise supported in a manner consistent with the terms of Section 2.5(j) or Section 2.6(o)(iv), and no Letter of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory to the applicable L/C Issuer has been put in placeas applicable). Each Qualified ECP Guarantor Loan Party intends that this Section 11.11 to constitute, and this Section 11.11 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of of, each other Specified Loan Party for all purposes of Section 1a(18)(A)(v)(II) of the Commodity Exchange Act.

Appears in 3 contracts

Sources: Credit Agreement (SPX Corp), Credit Agreement (SPX Corp), Credit Agreement (SPX Corp)

Keepwell. Each Qualified ECP Guarantor hereby jointly and severally absolutely, unconditionally and irrevocably undertakes to provide such funds or other support as may be needed from time to time by each other Specified Loan Party to honor all of its such Specified Loan Party’s obligations under this Guaranty Agreement and the other Loan Documents and under any agreement relating to Hedging Obligations or Treasury Management Obligations in respect of Swap Obligations (provided, however, that each Qualified ECP Guarantor shall only be liable under this Section 11.11 24 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this Section 11.11, 24 or otherwise under this Guarantee, Agreement voidable under applicable Law law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor under this Section 11.11 24 shall remain in full force and effect until all Commitments hereunder the Obligations have terminated, been indefeasibly satisfied and performed in full and all Loans or other Obligations hereunder which are accrued and payable of the Commitments under the Credit Agreement have been paid or satisfied (other than Cash Management Obligations and Obligations arising under any Secured Hedge Agreement), and no Letter of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory to the applicable L/C Issuer has been put in place)terminated. Each Qualified ECP Guarantor intends that this Section 11.11 24 constitute, and this Section 11.11 24 shall be deemed to constitute, a “keepwell, support, or other agreement” for the benefit of each other Specified Loan Party for all purposes of Section la(18)(A)(v)(II) of the Commodity Exchange Act. For purposes of this Section 24, “Qualified ECP Guarantor” means in respect of any Swap Obligation, each Loan Party that has total assets exceeding $10,000,000 at the time the relevant Guarantee or grant of the relevant security interest becomes effective with respect to such Swap Obligation or such other Loan Party as constitutes an “eligible contract participant” under the Commodity Exchange Act or any regulations promulgated thereunder and can cause another Person to qualify as an “eligible contract participant” at such time by entering into a keepwell under Section 1a(18)(A)(v)(II) of the Commodity Exchange Act.

Appears in 3 contracts

Sources: Credit Agreement (Aaron's Company, Inc.), Credit Agreement (Aaron's Company, Inc.), Credit Agreement (Aaron's Company, Inc.)

Keepwell. Each If Holdings is a Qualified ECP Guarantor (as defined below) at the time the Subsidiaries Guaranty or the grant of the security interest under the Credit Documents, in each case, by any Specified Credit Party, becomes effective with respect to any Swap Obligation, it hereby jointly and severally severally, absolutely, unconditionally and irrevocably undertakes to provide such funds or other support to each Specified Credit Party with respect to such Swap Obligation as may be needed by such Specified Credit Party from time to time by each other Loan Party to honor all of its obligations under this the Subsidiaries Guaranty and the other Credit Documents in respect of such Swap Obligations Obligation (providedbut, howeverin each case, that each Qualified ECP Guarantor shall only be liable under this Section 11.11 for up to the maximum amount of such liability that can be hereby incurred without rendering its Holdings’ obligations and undertakings under this Section 11.11, or otherwise under this Guarantee, 14.11 voidable under applicable Law law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations and undertakings of each Qualified ECP Guarantor Holdings under this Section 11.11 14.11 shall remain in full force and effect until all Commitments hereunder have terminated, and all Loans or other the Guaranteed Obligations hereunder which are accrued and payable have been paid or satisfied (other than Cash Management Obligations and Obligations arising under any Secured Hedge Agreement), and no Letter of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory to the applicable L/C Issuer has been put performed in place)full. Each Qualified ECP Guarantor Holdings intends that this Section 11.11 to constitute, and this Section 11.11 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of of, each other Loan Specified Credit Party for all purposes of the Commodity Exchange Act. “Qualified ECP Guarantor” shall mean, in respect of any Swap Obligation, that such Person guaranteeing such Swap Obligation has total assets exceeding $10,000,000 at the time the guaranty or grant of the relevant security interest becomes effective with respect to such Swap Obligation or such other Person as constitutes an “eligible contract participant” under the Commodity Exchange Act or any regulations promulgated thereunder and can cause another person to qualify as an “eligible contract participant” at such time by entering into a keepwell under Section 1a(18)(A)(v)(II) of the Commodity Exchange Act.

Appears in 3 contracts

Sources: Term Loan Credit Agreement (Vertiv Holdings Co), Term Loan Credit Agreement (Vertiv Holdings Co), Term Loan Credit Agreement (Vertiv Holdings Co)

Keepwell. (a) Each U.S. Obligor that is not a Specified Non-U.S. Obligor and each Non-U.S. Obligor that is not a Specified Non-U.S. Obligor, in each case, that is a Qualified ECP Guarantor at the time the Guaranty in this Article XI by any Loan Party that is not then an “eligible contract participant” under the Commodity Exchange Act (a “Specified Loan Party”) or the grant of a security interest under the Loan Documents by any such Specified Loan Party, in either case, becomes effective with respect to any Swap Obligation, hereby jointly and severally severally, absolutely, unconditionally and irrevocably undertakes to provide such funds or other support to each Specified Loan Party with respect to such Swap Obligation as may be needed by such Specified Loan Party from time to time by each other Loan Party to honor all of its obligations under this Guaranty the Loan Documents in respect of such Swap Obligations Obligation (providedbut, howeverin each case, that each Qualified ECP Guarantor shall only be liable under this Section 11.11 for up to the maximum amount of such liability that can be hereby incurred without rendering its such Qualified ECP Guarantor’s obligations and undertakings under this Section 11.11, or otherwise under this Guarantee, Article XI voidable under applicable Law relating to fraudulent conveyance or fraudulent transferDebtor Relief Laws, and not for any greater amount). . (b) Each Non-U.S. Obligor that is a Qualified ECP Guarantor at the time the Guaranty in this Article XI by any Non-U.S. Obligor that is not then an “eligible contract participant” under the Commodity Exchange Act (a “Specified Non-U.S. Loan Party”) or the grant of a security interest under the Loan Documents by any such Specified Non-U.S. Loan Party, in either case, becomes effective with respect to any Swap Obligation, hereby jointly and severally, absolutely, unconditionally and irrevocably undertakes to provide such funds or other support to each Specified Non-U.S. Loan Party with respect to such Swap Obligation as may be needed by such Specified Non-U.S. Loan Party from time to time to honor all of its obligations under the Loan Documents in respect of such Swap Obligation (but, in each case, only up to the maximum amount of such liability that can be hereby incurred without rendering such Qualified ECP Guarantor’s obligations and undertakings under this Article XI voidable under applicable Debtor Relief Laws, and not for any greater amount). (c) The obligations and undertakings of each Qualified ECP Guarantor under this Section 11.11 shall remain in full force and effect until all Commitments hereunder have terminated, and all Loans or other the Obligations hereunder which are accrued and payable have been indefeasibly paid or satisfied (other than Cash Management Obligations and Obligations arising under any Secured Hedge Agreement), and no Letter of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory to the applicable L/C Issuer has been put performed in place)full. Each Qualified ECP Guarantor Loan Party intends that this Section 11.11 to constitute, and this Section 11.11 shall be deemed to constitute, a “keepwell, support, or other agreement” for the benefit of each other Specified Loan Party for all purposes of Section 1a(18)(A)(v)(II) of the Commodity Exchange Act.

Appears in 3 contracts

Sources: Credit Agreement (Celestica Inc), Credit Agreement (Celestica Inc), Credit Agreement (Celestica Inc)

Keepwell. Each Qualified ECP Guarantor (as defined below) hereby jointly and severally severally, absolutely, unconditionally and irrevocably undertakes to provide such funds or and other support as may be needed from time to time by each other Loan Credit Party to honor all of its obligations under this the Subsidiary Guaranty Agreement and the other Loan Documents in respect of Swap Hedging Obligations (provided, however, that each Qualified ECP Guarantor shall only be liable under this Section 11.11 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this Section 11.11Section, or otherwise under this Guaranteethe Subsidiary Guaranty Agreement or any other Loan Document, voidable under applicable Law relating to fraudulent conveyance or fraudulent transfer, Debtor Relief Laws and not for any greater amount). The obligations of each Qualified ECP Guarantor under this Section 11.11 shall remain in full force and effect until all Commitments hereunder have terminated, of the Guaranteed Obligations (as defined in the Subsidiary Guaranty Agreement) and all Loans or other Obligations hereunder which are accrued and payable the obligations of the Subsidiary Guarantors shall have been paid or satisfied (other than Cash Management Obligations in full in cash and Obligations arising under any Secured Hedge Agreement), and no Letter of the Revolving Credit remains outstanding (except any Letter of Credit the Outstanding Amount of which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory to the applicable L/C Issuer has been put in place)Commitments terminated. Each Qualified ECP Guarantor intends that this Section 11.11 constitute, and this Section 11.11 shall be deemed to constitute, a “keepwell, support, support or other agreement” for the benefit of each other Loan Credit Party for all purposes of Section 1a(18)(A)(v)(II) of the Commodity Exchange Act. For purposes of this Section, “Qualified ECP Guarantor” means, in respect of any Hedging Obligation, each Credit Party that has total assets exceeding $10,000,000 at the time the relevant guarantee or grant of the relevant security interest becomes effective with respect to such Hedging Obligation or such other Person as constitutes an “eligible contract participant” under the Commodity Exchange Act or any regulations promulgated thereunder and can cause another Person to qualify as an “eligible contract participant” at such time by entering into a keepwell under Section 1a(18)(A)(v)(II) of the Commodity Exchange Act.

Appears in 3 contracts

Sources: Credit Agreement (CoreCivic, Inc.), Credit Agreement (CoreCivic, Inc.), Incremental Term Loan Agreement (Corrections Corp of America)

Keepwell. Each Loan Party that is a Qualified ECP Guarantor at the time the Guaranty in this Article V by any Loan Party that is not then an “eligible contract participant” under the Commodity Exchange Act (a “Specified Loan Party”) or the grant of a security interest under the Loan Documents by any such Specified Loan Party, in either case, becomes effective with respect to any Swap Obligation, hereby jointly and severally severally, absolutely, unconditionally and irrevocably undertakes to provide such funds or other support to each Specified Loan Party with respect to such Swap Obligation as may be needed by such Specified Loan Party from time to time by each other Loan Party to honor all of its obligations under this Guaranty the Loan Documents in respect of such Swap Obligations Obligation (providedbut, howeverin each case, that each Qualified ECP Guarantor shall only be liable under this Section 11.11 for up to the maximum amount of such liability that can be hereby incurred without rendering its such Qualified ECP Guarantor’s obligations and undertakings under this Section 11.11, or otherwise under this Guarantee, Article V voidable under applicable Law relating to fraudulent conveyance or fraudulent transferDebtor Relief Laws, and not for any greater amount). The obligations and undertakings of each Qualified ECP Guarantor applicable Loan Party under this Section 11.11 shall remain in full force and effect until all Commitments hereunder have terminated, and all Loans or other the Obligations hereunder which are accrued and payable have been paid or satisfied (other than (x) contingent indemnification obligations as to which no claim has been asserted and (y) obligations and liabilities under Specified Cash Management Obligations Agreements and Obligations arising under any Secured Specified Hedge Agreement), Agreements that are not yet due and no Letter payable and do not become due and payable upon or as a result of Credit remains outstanding (except any Letter the repayment of Credit the Outstanding Amount of which the Obligations related thereto has other Obligations) have been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory to the applicable L/C Issuer has been put indefeasibly paid and performed in place)full. Each Qualified ECP Guarantor Loan Party intends that this Section 11.11 to constitute, and this Section 11.11 shall be deemed to constitute, a “keepwell, support, or other agreement” for the benefit of each other Loan Party that would otherwise not constitute an Eligible Contract Participant for any Swap Obligation for all purposes of Section 1a(18)(A)(v)(II) of the Commodity Exchange Act.

Appears in 3 contracts

Sources: Credit Agreement (Salesforce Com Inc), Credit Agreement (Salesforce Com Inc), Credit Agreement (Salesforce Com Inc)

Keepwell. Each Qualified ECP Guarantor hereby jointly and severally absolutely, unconditionally and irrevocably undertakes to provide such funds or other support as may be needed from time to time by each other Loan Credit Party to honor all of its payment obligations under this the Guaranty and Security Agreement in respect of Swap Obligations under any Secured Rate Contract (provided, however, that each Qualified ECP Guarantor shall only be liable under this Section 11.11 9.26 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this Section 11.119.26, or otherwise under this Guaranteethe Guaranty and Security Agreement, voidable under applicable Requirements of Law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor under this Section 11.11 9.26 shall remain in full force and effect until all Commitments hereunder have terminated, and all Loans or other the guarantees in respect of Swap Obligations hereunder which are accrued and payable under each Secured Rate Contract have been paid discharged, or satisfied (other than Cash Management Obligations and Obligations arising under any Secured Hedge otherwise released or terminated in accordance with the terms of this Agreement), and no Letter of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory to the applicable L/C Issuer has been put in place). Each Qualified ECP Guarantor intends that this Section 11.11 9.26 constitute, and this Section 11.11 9.26 shall be deemed to constitute, a “keepwell, support, or other agreement” for the benefit of each other Loan Credit Party for all purposes of Section 1a(18)(A)(v)(II) of the Commodity Exchange Act. (i) Section 11.1 of the Credit Agreement is hereby amended by deleting the definitions of “Aggregate Revolving Loan Commitment,” “Applicable Margin,” “Fixed Charge Coverage Ratio,” “Indebtedness,” “Other Permitted Add-backs,” “Required Lenders,” and “Revolving Loan Conversion Date” in their entirety and substituting the following defined terms therefor:

Appears in 3 contracts

Sources: Credit Agreement (Zoe's Kitchen, Inc.), Credit Agreement (Zoe's Kitchen, Inc.), Credit Agreement (Zoe's Kitchen, Inc.)

Keepwell. Each Qualified ECP Guarantor hereby jointly and severally absolutely, unconditionally and irrevocably undertakes to provide such funds or other support as may be needed from time to time by each other Loan Party and each Limited Guarantor, as the case may be, to honor all of its obligations under this Agreement or the Limited Recourse Guaranty of such Limited Guarantor in respect of Swap Obligations (provided, however, that each any Qualified ECP Guarantor shall only be liable under this Section 11.11 4.16 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this Section 11.114.16, or otherwise under this GuaranteeAgreement, as it relates to such other Loan Party or such Limited Guarantor, voidable under applicable Law law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor under this Section 11.11 4.16 shall remain in full force and effect until all Commitments hereunder have terminated, and all Loans or other Obligations hereunder which are accrued and payable have been paid or satisfied (other than Cash Management Obligations and Obligations arising under any Secured Hedge Agreement), and no Letter the termination of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory this Agreement pursuant to the applicable L/C Issuer has been put in place)its terms. Each Qualified ECP Guarantor intends that this Section 11.11 4.16 constitute, and this Section 11.11 4.16 shall be deemed to constitute, a “keepwell, support, or other agreement” for the benefit of each other Loan Party and each Limited Guarantor for all purposes of Section 1a(18)(A)(v)(II) of the Commodity Exchange Act. IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly executed by their respective authorized officers as of the day and year first above written. GUARANTORS: BEACON HOLDING INC. By: Name: Title: GUARANTORS: BJME OPERATING CORP., as Guarantor By: Name: Title: BJNH OPERATING CO., LLC, as Guarantor By: Name: Title: NATICK REALTY, INC., as Guarantor By: Name: Title: ADMINISTRATIVE AGENT: NOMURA CORPORATE FUNDING AMERICAS, LLC, as Administrative Agent By: Name: Title: BEACON HOLDING INC. BJME OPERATING CORP. BJNH OPERATING CO., LLC NATICK REALTY, INC. SUPPLEMENT NO. dated as of , 20 , to the Term Loan Guaranty Agreement dated as of February 3, 2017 (as amended, restated, amended and restated, supplemented and/or otherwise modified from time to time, the “Guaranty”), among BEACON HOLDING INC., a Delaware corporation (“Holdings”), the other Guarantors party thereto from time to time and NOMURA CORPORATE FUNDING AMERICAS, LLC, as Administrative Agent for the Secured Parties. A. Reference is made to the First Lien Term Loan Credit Agreement, dated as of February 3, 2017 (as amended, restated, amended and restated, supplemented and/or otherwise modified from time to time, the “First Lien Credit Agreement”), by, among others, the Borrower, Holdings, the Lenders party thereto from time to time, and NOMURA CORPORATE FUNDING AMERICAS, LLC, as Administrative Agent and Collateral Agent for the Lenders. B. Capitalized terms used herein and not otherwise defined herein shall have the meanings assigned to such terms in the First Lien Credit Agreement and the Guaranty, as applicable. C. The Guarantors have entered into the Guaranty in order to induce the Lenders to make Term Loans to the Borrower.

Appears in 3 contracts

Sources: First Lien Term Loan Credit Agreement (BJ's Wholesale Club Holdings, Inc.), First Lien Term Loan Credit Agreement (BJ's Wholesale Club Holdings, Inc.), First Lien Term Loan Credit Agreement (BJ's Wholesale Club Holdings, Inc.)

Keepwell. Each Loan Party that is a Qualified ECP Guarantor at the time the Guarantee or the grant of the security interest under the Loan Documents, in each case, by any Specified Loan Party, becomes effective with respect to any Swap Obligation, hereby jointly and severally severally, absolutely, unconditionally and irrevocably undertakes to provide such funds or other support to each Specified Loan Party with respect to such Swap Obligation as may be needed by such Specified Loan Party from time to time by each other Loan Party to honor all of its obligations under this Guaranty its Guarantee and the other Loan Documents in respect of such Swap Obligations Obligation (providedbut, howeverin each case, that each Qualified ECP Guarantor shall only be liable under this Section 11.11 for up to the maximum amount of such liability that can be hereby incurred without rendering its such Qualified ECP Guarantor’s obligations and undertakings under this Section 11.11, or otherwise under this Guarantee, Article VII voidable under applicable Law law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations and undertakings of each Qualified ECP Guarantor under this Section 11.11 7.11 shall remain in full force and effect until all Commitments hereunder have terminated, and all Loans or other the Obligations hereunder which are accrued and payable have been paid or satisfied (other than Cash Management Obligations and Obligations arising under any Secured Hedge Agreement)performed in full, the Revolving Commitments shall have terminated and no Letter all Letters of Credit remains outstanding (except any Letter shall have expired or been cancelled or cash collateralized in accordance with the terms of Credit the Outstanding Amount of which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory to the applicable L/C Issuer has been put in place)this Agreement. Each Qualified ECP Guarantor intends that this Section 11.11 to constitute, and this Section 11.11 7.11 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of of, each other Specified Loan Party for all purposes of Section 1a(18)(A)(v)(II) of the Commodity Exchange Act.” (cc) Section 8.01(d) of the Credit Agreement is hereby amended by adding immediately after the phrase “contained in Section”, the following: “3.22(d),” (dd) Section 8.02 of the Credit Agreement is hereby amended by adding the following sentence to the end thereof: “Notwithstanding the foregoing, no payment from any Guarantor shall be used to pay Excluded Swap Obligations of such Guarantor.” (ee) Section 9.09 of the Credit Agreement is hereby amended by adding the following new paragraph to the end thereof: “Each Loan Party acknowledges and agrees, and acknowledges its Affiliates’ understanding, that (i) the facilities provided for hereunder and any related arranging or other services in connection therewith (including in connection with any amendment, waiver or other modification hereof or of any other Loan Document) are an arm’s-length commercial transaction between Borrower and its Affiliates, on the one hand, and the Agents, the Arranger, the Syndication Agent, the Swingline Lender, the Issuing Bank and the Lenders, on the other hand, and Borrower is capable of evaluating and understanding and understands and accepts the terms, risks and conditions of the transactions contemplated hereby and by the other Loan Documents (including any amendment, waiver or other modification hereof or thereof), (ii) in connection with the process leading to such transaction, each of the Agents, the Arranger, the Syndication Agent, the Swingline Lender, the Issuing Bank and the Lenders is and has been acting solely as a principal and is not the financial advisor, agent or fiduciary for Borrower or any of its Affiliates, stockholders, creditors or employees or any other Person and (iii) none of the Agents, the Arranger, the Syndication Agent, the Swingline Lender, the Issuing Bank or the Lenders has assumed or will assume an advisory, agency or fiduciary responsibility in favor of Borrower with respect to any of the transactions contemplated hereby or the process leading thereto, including with respect to any amendment, waiver or other modification hereof or of any other Loan Document (irrespective of whether the Arranger or any Lender has advised or is currently advising Borrower or any of its Affiliates on other matters).” (ff) Section 10.02(b) of the Credit Agreement is hereby amended by (A) removing the “or” at the end of clause (xv) of such Section 10.02(b), (B) replacing the period at the end of clause (xvi) thereof with “;” and (C) adding, immediately following clause (xvi), new clauses (xvii) and (xviii) thereto, which shall state: “(xvii) extend any Delayed Draw Term Loan Commitment beyond the last day of the Delayed Draw Commitment Period, without the written consent of each Delayed Draw Term Loan Lender; or (xviii) expressly change or waive any condition precedent in Section 4.03 to any Borrowing of Delayed Draw Term Loans, without the written consent of each Delayed Draw Term Loan Lender;” (gg) Section 10.04 of the Credit Agreement is hereby amended by: (i) in clause (d) thereof, adding the following sentence to the end thereof: “No Lender shall have any obligation to disclose all or any portion of the Participant Register (including the identity of any Participant or any information relating to a Participant’s interest in any commitments, loans, letters of credit or its other obligations under any Loan Document) to any Person except to the extent that such disclosure is necessary to establish that such commitment, loan, letter of credit or other obligation is in registered form under Section 5f.103-1(c) of the United States Treasury Regulations.”; and (ii) adding the following new clause after clause (g) thereof: “

Appears in 2 contracts

Sources: Credit Agreement, Credit Agreement (Dynacast International Inc.)

Keepwell. Each Qualified ECP Guarantor hereby jointly and severally absolutely, unconditionally and irrevocably undertakes to provide such funds or other support as may be needed from time to time by each other Loan Party to honor all of its obligations under this Guaranty Agreement or any other Loan Document in respect of Swap Obligations (Obligations; provided, however, that each in the event that in any action or proceeding involving any state, federal, provincial, territorial or foreign corporate law, or any state, federal, provincial, territorial or foreign bankruptcy, insolvency, reorganization or other Law affecting the rights of creditors generally, the obligations of any Qualified ECP Guarantor shall only be liable under this Section 11.11 for 11.24 shall be held or determined to be void, avoidable, invalid or unenforceable (including because of Section 548 of the maximum Bankruptcy Code or any applicable Insolvency Laws or any applicable state, provincial, territorial or federal Law relating to fraudulent conveyances or transfers, preferences or transfers at an undervalue), then, notwithstanding any other provision of this Section 11.24 to the contrary, the amount of such liability that can be hereby incurred without rendering its obligations of such Qualified ECP Guarantor under this Section 11.1111.24 shall, without any further action by any Loan Party, the Administrative Agent or otherwise under this Guaranteeany Secured Party, voidable under applicable Law relating be automatically limited and reduced to fraudulent conveyance or fraudulent transfer, the highest amount that is valid and not for any greater amount)enforceable. The obligations of each Qualified ECP Guarantor under this Section 11.11 11.24 shall remain in full force and effect until all the termination of the Commitments hereunder have terminated, and Dollar Working Capital Facility Uncommitted Tranche Portions and payment in full of the Loans and all Loans or other Obligations hereunder which are accrued and payable have been paid or satisfied (other than Cash Management Obligations and Obligations arising under any Secured Hedge Agreement), and no Letter of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory to the applicable L/C Issuer has been put in place)Obligations. Each Qualified ECP Guarantor intends that this Section 11.11 11.24 constitute, and this Section 11.11 11.24 shall be deemed to constitute, a “keepwell, support, or other agreement” for the benefit of each other Loan Party for all purposes of Section 1a(18)(A)(v)(II) of the Commodity Exchange Act.

Appears in 2 contracts

Sources: Credit Agreement (Sprague Resources LP), Credit Agreement (Sprague Resources LP)

Keepwell. Each Loan Party, if it is a Qualified ECP Guarantor hereby Loan Party, then jointly and severally absolutelyseverally, together with each other Qualified ECP Loan Party, hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Swap Obligations owing by each Non-Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of its such Non-Qualifying Party’s obligations under this Guaranty Agreement or any other Loan Document in respect of Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 11.11 12.25 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this Section 11.1112.25, or otherwise under this GuaranteeAgreement or any other Loan Document, voidable under applicable Law law, including applicable law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 11.11 12.25 shall remain in full force and effect until all Commitments hereunder have terminated, and all Loans or other Obligations hereunder which are accrued and payable have been paid or satisfied (other than Cash Management payment in full of the Obligations and Obligations arising under any Secured Hedge Agreement), termination of this Agreement and no Letter of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory to the applicable L/C Issuer has been put in place)other Loan Documents. Each Qualified ECP Guarantor Loan Party intends that this Section 11.11 12.25 constitute, and this Section 11.11 12.25 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of each other Loan Party Borrower and Guarantor for all purposes of Section 1a(18)(A)(v)(II1a(18(A)(v)(II) of the Commodity Exchange Act.CEA . IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed by their respective officers thereunto duly authorized, as of the date first above written. BORROWERS: FUNKO ACQUISITION HOLDINGS, L.L.C. By: Name: Title: FUNKO HOLDINGS LLC By: Name: Title: FUNKO, LLC By: Name: Title: CERBERUS BUSINESS FINANCE, LLC By: Name: Title: ADMINISTRATIVE AGENT AND LENDER: PNC BANK, NATIONAL ASSOCIATION By: Name: Title: LENDERS: CERBERUS NJ CREDIT OPPORTUNITIES FUND, L.P. By: Cerberus NJ Credit Opportunities GP, LLC, its General Partner By: Name: Title: CERBERUS ASRS HOLDINGS LLC By: Name: Title: CERBERUS ICQ LEVERED LOAN OPPORTUNITIES FUND, L.P. By: Cerberus ICQ Levered Opportunities GP, LLC, its General Partner By: Name: Title: CERBERUS KRS LEVERED LOAN OPPORTUNITIES FUND, L.P. By : Cerberus KRS Levered Opportunities GP, LLC, its General Partner By: Name: Title: CERBERUS PSERS LEVERED LOAN OPPORTUNITIES FUND, L.P. By: Cerberus PSERS Levered Opportunities GP, LLC, its General Partner By: Name: Title: Lender Revolving Loan Commitment Term Loan A Initial Term Loan Amount as of the Amendment No. 1 Effective Date Amendment No. 3 Effective Date First Amendment Term Loan B Commitment Total PNC Bank, National Association $ 50,000,000.00 80,000,000.00 $ 0— $ 0— $ 50,000,000.0080,000,000.00 Cerberus ASRS Funding LLC $ 0— $ 51,886,068.2249,543,413.58 $ 0— $ 51,886,068.2249,543,413.58 Cerberus AUS Levered HoldingsII LP $ 0— $ 5,099,026.017,642,142.55 $ 0— $ 5,099,026.017,642,142.55 Cerberus AUSFSBA Levered II LPLLC $ 0— $ 2,694,272.093,232,594.04 $ 0— $ 2,694,272.093,232,594.04 Cerberus ICQ Levered LLC $ 0— $ 9,322,984.1010,593,381.71 $ 0— $ 9,322,984.1010,593,381.71 Cerberus KRS Levered LLC $ 0— $ 5,150,466.455,780,306.45 $ 0— $ 5,150,466.455,780,306.45 Cerberus Loan Funding XV L.P. $ 0— $ 7,527,259.8112,208,525.04 $ 0— $ 7,527,259.8112,208,525.04 Cerberus Loan Funding XVI LP $ — $ 10,397,176.04 $ — $ 10,397,176.04 Cerberus Loan Funding XVII, Ltd. $ — $ 7,362,905.68 $ — $ 7,362,905.68 Cerberus N-1 Funding LLC $ 0— $ 17,018,550.4118,469,780.73 $ 0— $ 17,018,550.4118,469,780.73 Cerberus Onshore Levered III LLC $ — $ 7,994,359.75 $ — $ 7,994,359.75 Cerberus PSERS Levered LLC $ 0— $ 22,195,192.5014,742,560.95 $ 0— $ 22,195,192.5014,742,560.95 Cerberus SWC Levered, L.P. LP $ 0— $ 11,560,466.1311,336,244.19 $ 0— $ 11,560,466.1311,336,244.19 Cerberus ICQ Levered Loan Opportunities Fund III, L.P. $ 0— $ 0— $ 9,158,902.435,301,932.79 $ 9,158,902.435,301,932.79 Cerberus NJ Credit KRS Levered Loan Opportunities Fund, L.P. $ 0— $ 0— $ 2,040,800.06776,097.23 $ 2,040,800.06776,097.23 Cerberus ASRS Holdings LLC $ 0 $ 0 $ 6,904,511.10 $ 6,904,511.10 Cerberus ICQ Levered Loan Opportunities Fund III, L.P. $ 0— $ 0— $ 7,193,073.079,060,382.94 $ 7,193,073.079,060,382.94 Cerberus KRS Levered Loan NJ Credit Opportunities Fund, L.P. $ 0— $ 0— $ 836,037.341,886,550.89 $ 836,037.341,886,550.89 Cerberus PSERS Levered Loan Opportunities Fund, L.P. $ 0— $ 0— $ 3,866,676.004,765,255.40 $ 3,866,676.004,765,255.40 Fortress Credit Opportunities III CLO LP $ 0 — $ 10,745,877.29 15,440,476.87 $ 5,000,000.006,361,685.67 $ 15,745,877.2921,802,162.54 Fortress Credit Opportunities V CLO Limited $ 0— $ 9,811,428.5818,446,570.02 $ 9,000,000.002,000,000.00 $ 18,811,428.58 20,446,570.02 Fortress Credit Opportunities VII CLO Limited $ 0— $ 9,811,428.5815,504,756.74 $ 6,000,000.005,000,000.00 $ 15,811,428.58 20,504,756.74 Fortress Credit Opportunities VI CLO Limited $ 0— $ 4,952,408.434,856,353.60 $ 0— $ 4,952,408.434,856,353.60 Fortress Credit FundingFund V LP $ 0— $ 3,924,571.403,848,452.06 $ 0— $ 3,924,571.403,848,452.06 TotalsTotal $ 50,000,000.0080,000,000.00 $ 171,700,000.00217,400,000.00 $ 50,000,00050,000,000.00 $ 271,700,000.00267,400,000.00 1. Security Agreement 2. Trademark Security Agreement

Appears in 2 contracts

Sources: Financing Agreement (Funko, Inc.), Financing Agreement (Funko, Inc.)

Keepwell. Each (a) The Borrower and each Restricted Subsidiary that is a Qualified ECP Guarantor Credit Party hereby jointly and severally guarantees the payment and performance of all Obligations of the Borrower and each Restricted Subsidiary (other than the Borrower or such Restricted Subsidiary, as applicable) and absolutely, unconditionally and irrevocably undertakes to provide such funds or other support as may be needed from time to time by each other Loan Party Benefiting Restricted Person in order for such Benefiting Restricted Person to honor all of its obligations under this Guaranty in any Security Document including obligations with respect of Swap Obligations to Secured Hedging Contracts (provided, however, that each Qualified ECP Guarantor the Borrower or a Restricted Subsidiary shall only be liable under this Section 11.11 6.22 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this Section 11.116.22, or otherwise under this GuaranteeAgreement or any Loan Document, as it relates to such Benefiting Restricted Person, voidable under applicable Law law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor the Borrower and the Restricted Subsidiaries under this Section 11.11 6.22 shall remain in full force and effect until all Commitments hereunder have terminatedObligations are paid in full to the Lenders, the Administrative Agent and all Issuers, and all Loans or of the Lenders’ Commitments are terminated. The Borrower and the other Obligations hereunder which are accrued and payable have been paid or satisfied (other than Cash Management Obligations and Obligations arising under any Secured Hedge Agreement), and no Letter of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory to the applicable L/C Issuer has been put in place). Each Qualified ECP Guarantor intends Restricted Subsidiaries intend that this Section 11.11 6.22 constitute, and this Section 11.11 6.22 shall be deemed to constitute, a “keepwell, support, or other agreement” for the benefit of each other Loan Party Benefiting Restricted Person for all purposes of Section 1a(18)(A)(v)(IIla(18)(A)(v)(II) of the Commodity Exchange Act. (b) Notwithstanding any other provisions of this Agreement or any other Loan Document, Obligations guaranteed by the Borrower or any Restricted Subsidiary, or secured by the grant of any Lien by the Borrower any Restricted Subsidiary under any Security Instrument, shall exclude all Excluded Obligations in respect of a Hedging Contract with respect to the Borrower or such Restricted Subsidiary.

Appears in 2 contracts

Sources: Credit Agreement (W&t Offshore Inc), Credit Agreement (W&t Offshore Inc)

Keepwell. Each Qualified ECP Guarantor hereby jointly and severally absolutely, unconditionally and irrevocably undertakes to provide such funds or other support as may be needed from time to time by each other Loan Party Guarantor to honor all of its obligations under this Guaranty in respect of Swap Obligations (Obligations; provided, however, that each Qualified ECP Guarantor shall only be liable under this Section 11.11 16 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this Section 11.1116, or otherwise under this GuaranteeGuaranty, voidable under applicable Law law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor under this Section 11.11 16 shall remain in full force and effect until all Commitments hereunder have terminated, and all Loans or other the Guaranteed Obligations hereunder which are accrued and payable have been paid or satisfied in full (other than Cash Management Obligations contingent, unasserted indemnification obligations and Obligations arising obligations and liabilities under any Secured Hedge AgreementTreasury Services Agreements and Swap Contracts not due and payable), and no Letter the expiration or termination of all Letters of Credit remains outstanding (except any Letter other than Letters of Credit the Outstanding Amount of which the Obligations related thereto has been that are Cash Collateralized or for which back-stopped by a backstop letter of credit in form, amount and substance reasonably satisfactory to the applicable L/C Issuer has been put in place)Issuer) and the termination of Commitments. Each Qualified ECP Guarantor intends that this Section 11.11 16 constitute, and this Section 11.11 16 shall be deemed to constitute, a “keepwell, support, or other agreement” for the benefit of each other Loan Party Guarantor for all purposes of Section 1a(18)(A)(v)(II) of the Commodity Exchange Act. For purposes of this Guaranty, a Guarantor shall qualify as a “Qualified ECP Guarantor” with respect to any Swap Obligation, if it has total assets exceeding $10,000,000 at the time its guarantee thereof becomes effective with respect to such Swap Obligation or if such Guarantor otherwise constitutes an “eligible contract participant” under the Commodity Exchange Act or any regulations promulgated thereunder and can cause another person to qualify as an “eligible contract participant” at such time by entering into a keepwell under Section 1a(18)(A)(v)(II) of the Commodity Exchange Act.

Appears in 2 contracts

Sources: Credit Agreement (Altice USA, Inc.), Credit Agreement (Altice USA, Inc.)

Keepwell. Each Qualified ECP Guarantor (as defined below) hereby jointly and severally absolutely, unconditionally and irrevocably undertakes to provide such funds or other support as may be needed from time to time by each other Loan Party to honor all of its obligations under this Guaranty Guarantee Agreement in respect of Swap Obligations (provided, however, that each Qualified ECP Guarantor shall only be liable under this Section 11.11 26 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this Section 11.1126, or otherwise under this GuaranteeGuarantee Agreement, voidable under applicable Law law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor under this Section 11.11 26 shall remain in full force and effect until payment in full in cash of all Commitments hereunder have terminated, and all Loans or other the Guaranteed Obligations hereunder which are accrued and payable have been paid or satisfied (other than Cash Management Obligations contingent indemnity obligations that are not due and Obligations arising under payable, any Secured Hedge Agreement), Bank Products Obligations or any obligations under Designated Credit Lines and no Letter Letters of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of which the Obligations related thereto has that have been Cash Collateralized or for as to which a backstop letter of credit reasonably other arrangements reasonable satisfactory to the Agent and the applicable L/C Issuer has have been put in placemade). Each Qualified ECP Guarantor intends that this Section 11.11 26 constitute, and this Section 11.11 26 shall be deemed to constitute, a “keepwell, support, or other agreement” for the benefit of each other Loan Party for all purposes of Section 1a(18)(A)(v)(II) of the Commodity Exchange Act. “Qualified ECP Guarantor” means, in respect of any Swap Obligation, each Loan Party that has total assets exceeding $10,000,000 at the time the relevant Guarantee or grant of the relevant security interest becomes effective with respect to such Swap Obligation or such other person as constitutes an “eligible contract participant” under the Commodity Exchange Act or any regulations promulgated thereunder and can cause another person to qualify as an “eligible contract participant” at such time by entering into a keepwell under Section 1a(18)(A)(v)(II) of the Commodity Exchange Act.

Appears in 2 contracts

Sources: Guarantee Agreement, Guarantee Agreement (Versum Materials, Inc.)

Keepwell. Each The Borrower shall, and shall cause each Qualified ECP Guarantor hereby Guarantor, jointly and severally absolutely, unconditionally and irrevocably undertakes to provide such funds or other support as may be needed from time to time by each other Loan Party Guarantor to honor all of its obligations under this Guaranty the Loan Documents in respect of any Secured Swap Obligations Agreement (provided, however, that each Qualified ECP Guarantor shall only be liable under this Section 11.11 12.18 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this Section 11.1112.18, or otherwise under this Guaranteeany Loan Document, voidable under applicable Law law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor under this Section 11.11 12.18 shall remain in full force and effect until all Commitments hereunder have terminated, and all Loans or other Obligations hereunder which are accrued and payable have been paid or satisfied the occurrence of each of the following: (a) the Indebtedness (other than Cash Management Obligations (i) indemnity obligations not yet due and Obligations payable of which the Borrower has not received a notice of potential claim and (ii) obligations arising under any a Secured Hedge Swap Agreement not yet due and payable) are irrevocably and indefeasibly paid in full in cash (including interest accruing during the pendency of an insolvency or liquidation proceeding, regardless of whether allowed or allowable in such insolvency or liquidation proceeding) and premium, if any, on all Loans outstanding under this Agreement), and (b) no Letter of Credit remains shall be outstanding (except any Letter other than Letters of Credit the Outstanding Amount of as to which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably other arrangements satisfactory to the applicable L/C Issuer Administrative Agent and the Issuing Bank have been made), (c) this Agreement and the Commitments are terminated and (d) all Swap Agreements secured hereby are either novated, terminated and paid in full or the Borrower or Guarantor party thereto has been put in place)collateralized its obligations under such Swap Agreement to the satisfaction of the counterparty to such Swap Agreement. Each Qualified ECP Guarantor intends that this Section 11.11 constitute12.18 constitutes, and this Section 11.11 12.18 shall be deemed to constitute, a “keepwell, support, or other agreement” for the benefit of the Borrower and each other Loan Party Guarantor for all purposes of Section 1a(18)(A)(v)(II) of the Commodity Exchange Act.Act.105

Appears in 2 contracts

Sources: Fifth Amendment to Third Amended and Restated Credit Agreement (HighPoint Resources Corp), Fifth Amendment to Third Amended and Restated Credit Agreement (Bill Barrett Corp)

Keepwell. Each Qualified ECP Guarantor hereby jointly and severally absolutely, unconditionally and irrevocably undertakes to provide such funds or other support as may be needed from time to time by each other Loan Credit Party to honor all of its obligations under this Guaranty in respect of Swap Obligations (provided, however, that each Qualified ECP Guarantor shall only be liable under this Section 11.11 19 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this Section 11.1119, or otherwise under this GuaranteeGuaranty, voidable under applicable Law law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor under this Section 11.11 shall remain in full force and effect until all Commitments hereunder have terminated, and all Loans or other Obligations hereunder which are accrued and payable have been paid or satisfied (other than Cash Management Obligations and Obligations arising under any Secured Hedge Agreement), and no Letter the Payment in Full of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory to the applicable L/C Issuer has been put in place)Obligations. Each Qualified ECP Guarantor intends that this Section 11.11 19 constitute, and this Section 11.11 19 shall be deemed to constitute, a “keepwell, support, or other agreement” for the benefit of each other Loan Credit Party for all purposes of Section 1a(18)(A)(v)(II) of the Commodity Exchange Act. Each Guarantor has caused this Guaranty to be duly executed as of the date first above written. By: Name: Title: SUPPLEMENT NO. dated as of (the “Supplement”), to the Guaranty Agreement dated as of July 31, 2017 (as amended, supplemented, amended and restated or otherwise modified from time to time, the “Guaranty Agreement”), executed by Berry Petroleum Company, LLC and Berry Petroleum Corporation, (the “Guarantors”) and Wells Fargo Bank, National Association, as Administrative Agent (in such capacity, the “Administrative Agent”) for the benefit of the Secured Parties (as defined in the Credit Agreement referred to herein). A. Reference is made to the Credit Agreement dated as of July 31, 2017 (as amended, supplemented, amended and restated or otherwise modified from time to time, the “Credit Agreement”), among Berry Petroleum Company, LLC, a Delaware limited liability company (the “Borrower”), Berry Petroleum Corporation, a Delaware corporation, the lenders from time to time party thereto (the “Lenders”), the Administrative Agent, and Wells Fargo Bank, National Association, as the issuing lender (the “Issuing Lender”). B. Capitalized terms used herein and not otherwise defined herein shall have the meanings assigned to such terms in the Guaranty Agreement or the Credit Agreement, as applicable. C. The Guarantors have entered into the Guaranty Agreement in order to induce the Lenders to make Advances and the Issuing Lender to issue Letters of Credit. Section 17 of the Guaranty Agreement provides that additional Affiliates of the Borrower may become Guarantors under the Guaranty Agreement by execution and delivery of an instrument in the form of this Supplement. The undersigned Affilaite of the Borrower (the “New Guarantor”) is executing this Supplement in accordance with the requirements of the Credit Agreement to become a Guarantor under the Guaranty Agreement in order to induce the Lenders to make additional Advances and the Issuing Lender to issue additional Letters of Credit and as consideration for Advances previously made and Letters of Credit previously issued. Accordingly, the Administrative Agent and the New Guarantor agree as follows: SECTION 1. In accordance with Section 17 of the Guaranty Agreement, the New Guarantor by its signature below becomes a Guarantor under the Guaranty Agreement with the same force and effect as if originally named therein as a Guarantor and the New Guarantor hereby (a) agrees to all the terms and provisions of the Guaranty Agreement applicable to it as a Guarantor thereunder and (b) represents and warrants that the representations and warranties made by it as a Guarantor thereunder are true and correct in all material respects on and as of the date hereof (except that such materiality qualifier shall not be applicable to any representations and warranties that already are qualified or modified by materiality in the text thereof). Each reference to a “Guarantor” in the Guaranty Agreement shall be deemed to include the New Guarantor. The Guaranty Agreement is hereby incorporated herein by reference.

Appears in 2 contracts

Sources: Credit Agreement (Berry Petroleum Corp), Credit Agreement (Berry Petroleum Corp)

Keepwell. (a) Each U.S. Loan Party that is a Qualified ECP Guarantor at the time the Guaranty or the grant of a Lien under the Loan Documents, in each case, by any Specified Loan Party becomes effective with respect to any Swap Obligation, hereby jointly and severally severally, absolutely, unconditionally and irrevocably undertakes to provide such funds or other support to each Specified Loan Party with respect to such Swap Obligation as may be needed by such Specified Loan Party from time to time by each other Loan Party to honor all of its obligations under this Guaranty the Loan Documents in respect of such Swap Obligations Obligation (providedbut, howeverin each case, that each Qualified ECP Guarantor shall only be liable under this Section 11.11 for up to the maximum amount of such liability that can be hereby incurred without rendering its such Qualified ECP Guarantor’s obligations and undertakings under this Section 11.11, or otherwise under this Guarantee, Article IX voidable under applicable Law law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations and undertakings of each Qualified ECP Guarantor under this Section 11.11 shall remain in full force and effect until all Commitments hereunder have terminated, and all Loans or other the Secured Obligations hereunder which are accrued and payable have been indefeasibly paid or satisfied (other than Cash Management Obligations and Obligations arising under any Secured Hedge Agreement), and no Letter of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory to the applicable L/C Issuer has been put performed in place)full. Each Qualified ECP Guarantor U.S. Loan Party intends that this Section 11.11 to constitute, and this Section 11.11 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of of, each other Specified Loan Party for all purposes of the Commodity Exchange Act. (b) Each Foreign Obligor that is a Qualified ECP Guarantor at the time the Guaranty or the grant of a Lien under the Loan Documents, in each case, by any Specified Loan Party that is a Foreign Subsidiary becomes effective with respect to any Swap Obligation, hereby jointly and severally, absolutely, unconditionally and irrevocably undertakes to provide such funds or other support to each such Specified Loan Party with respect to such Swap Obligation as may be needed by such Specified Loan Party from time to time to honor all of its obligations under the Loan Documents in respect of such Swap Obligation (but, in each case, only up to the maximum amount of such liability that can be hereby incurred without rendering such Qualified ECP Guarantor’s obligations and undertakings under this Article IX voidable under applicable law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations and undertakings of each Qualified ECP Guarantor under this Section 1a(18)(A)(v)(II) shall remain in full force and effect until the Foreign Subsidiary Secured Obligations have been indefeasibly paid and performed in full. Each Foreign Obligor intends this Section to constitute, and this Section shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of, each Specified Loan Party that is a Foreign Subsidiary for all purposes of the Commodity Exchange Act.

Appears in 2 contracts

Sources: Credit Agreement (AstroNova, Inc.), Credit Agreement (AstroNova, Inc.)

Keepwell. Each Qualified ECP Guarantor (as defined below) hereby jointly and severally severally, absolutely, unconditionally and irrevocably undertakes to provide such funds or and other support as may be needed from time to time by each other Loan Credit Party to honor all of its obligations under this Guaranty and the other Loan Documents in respect of Swap Obligations (provided, however, that each Qualified ECP Guarantor shall only be liable under this Section 11.11 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this Section 11.11Section, or otherwise under this GuaranteeAgreement or any other Loan Document, voidable under applicable Law relating to fraudulent conveyance or fraudulent transfer, Debtor Relief Laws and not for any greater amount). The Subject to Section 2.10, the obligations of each Qualified ECP Guarantor under this Section 11.11 shall remain in full force and effect until all Commitments hereunder have terminated, and all Loans or other of the Guaranteed Obligations hereunder which are accrued and payable have been paid or satisfied (other than (1) contingent indemnification obligations, (2) obligations and liabilities under Secured Cash Management Obligations and Obligations arising under any Agreements or Secured Hedge Agreement), and no Letter of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of Agreements as to which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably arrangements satisfactory to the applicable L/C Issuer has Cash Management Bank or Hedge Bank shall have been put made and (3) Letters of Credit that have been Cash Collateralized) and all the obligations of the Guarantors under this Guaranty shall have been paid in place)full in cash and the Revolving Credit Commitments terminated. Each Qualified ECP Guarantor intends that this Section 11.11 constitute, and this Section 11.11 shall be deemed to constitute, a “keepwell, support, support or other agreement” for the benefit of each other Loan Credit Party for all purposes of Section 1a(18)(A)(v)(II) of the Commodity Exchange Act. For purposes of this Section, “Qualified ECP Guarantor” means, in respect of any Swap Obligation, each Credit Party that has total assets exceeding $10,000,000 at the time the relevant guarantee or grant of the relevant security interest becomes effective with respect to such Swap Obligation or such other Person as constitutes an “eligible contract participant” under the Commodity Exchange Act or any regulations promulgated thereunder and can cause another Person to qualify as an “eligible contract participant” at such time by entering into a keepwell under Section 1a(18)(A)(v)(II) of the Commodity Exchange Act.

Appears in 2 contracts

Sources: Guaranty Agreement (Realpage Inc), Guaranty Agreement (Realpage Inc)

Keepwell. Each Subject to the limitations set forth in Section 1.10, each Credit Party that is a Qualified ECP Guarantor at the time the Guaranty or the grant of a security interest under the Credit Documents, in either case, by any Specified Credit Party becomes effective with respect to any Swap Obligation, hereby jointly and severally severally, absolutely, unconditionally and irrevocably undertakes to provide such funds or other support to each Specified Credit Party with respect to such Swap Obligation as may be needed by such Specified Credit Party from time to time by each other Loan Party to honor all of its obligations under this Guaranty the Credit Documents in respect of such Swap Obligations Obligation (providedbut, howeverin each case, that each Qualified ECP Guarantor shall only be liable under this Section 11.11 for up to the maximum amount of such liability that can be hereby incurred without rendering its such Qualified ECP Guarantor’s obligations and undertakings under this Section 11.11, or otherwise under this Guarantee4.08, voidable under applicable Law law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations and undertakings of each Qualified ECP Guarantor under this Section 11.11 4.08 shall remain in full force and effect until all Commitments hereunder have terminated, and all Loans or other the Guaranteed Obligations hereunder which are accrued and payable have been paid in full and the commitments relating thereto have expired or satisfied (other than Cash Management Obligations and Obligations arising under any Secured Hedge Agreement), and no Letter of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory terminated. Subject to the applicable L/C Issuer has been put limitations set forth in place). Each Qualified ECP Guarantor Section 1.10, each Credit Party intends that this Section 11.11 4.08 to constitute, and this Section 11.11 4.08 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of of, each other Loan Specified Credit Party for all purposes of Section 1a(18)(A)(v)(II) of the Commodity Exchange Act. For the avoidance of doubt, no Foreign Credit Party shall have any obligation under this Section 4.08 to provide funds or other support to any Specified Credit Party that is a Domestic Borrower or a Domestic Subsidiary and this Section 4.08 shall not constitute a “keepwell, support, or other agreement” by any Foreign Credit Party for the benefit of any Specified Credit Party that is a Domestic Borrower or a Domestic Subsidiary.

Appears in 2 contracts

Sources: Credit Agreement (Euronet Worldwide Inc), Credit Agreement (Euronet Worldwide Inc)

Keepwell. Each Loan Party that is a Qualified ECP Guarantor at the time the Guaranty in this Article IV by any Loan Party that is not then an “eligible contract participant” under the Commodity Exchange Act (a “Specified Loan Party”) or the grant of a security interest under the Loan Documents by any such Specified Loan Party, in either case, becomes effective with respect to any Swap Obligation, hereby jointly and severally severally, absolutely, unconditionally and irrevocably undertakes to provide such funds or other support to each Specified Loan Party with respect to such Swap Obligation as may be needed by such Specified Loan Party from time to time by each other Loan Party to honor all of its obligations under this Guaranty and the other Loan Documents in respect of such Swap Obligations Obligation (providedbut, howeverin each case, that each Qualified ECP Guarantor shall only be liable under this Section 11.11 for up to the maximum amount of such liability that can be hereby incurred without rendering its such Qualified ECP Guarantor’s obligations and undertakings under this Section 11.11, or otherwise under this Guarantee, Article IV voidable under applicable Law relating to fraudulent conveyance or fraudulent transferDebtor Relief Laws, and not for any greater amount). The obligations and undertakings of each Qualified ECP Guarantor under this Section 11.11 4.08 shall remain in full force and effect until all Commitments hereunder have terminated, and all Loans or other the Obligations hereunder which are accrued and payable have been paid or satisfied (other than (x) contingent indemnification or reimbursement obligations for which no claim has been asserted, (y) obligations and liabilities under Guaranteed Cash Management Obligations Agreements and Obligations arising under any Secured Guaranteed Hedge Agreement), and no Letter of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of Agreements as to which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit arrangements reasonably satisfactory to the applicable Cash Management Bank or Hedge Bank shall have been made and (z) Letters of Credit as to which other arrangements reasonably satisfactory to the Administrative Agent and the L/C Issuer has shall have been put made or that have been Cash Collateralized in place)the amount of the Minimum Collateral Amount) have been paid and performed in full. Each Qualified ECP Guarantor Loan Party intends that this Section 11.11 4.08 to constitute, and this Section 11.11 4.08 shall be deemed to constitute, a “keepwell, support, or other agreement” for the benefit of each other Specified Loan Party for all purposes of Section 1a(18)(A)(v)(II) of the Commodity Exchange Act.

Appears in 2 contracts

Sources: Credit Agreement (Ciner Resources LP), Credit Agreement (Ciner Resources LP)

Keepwell. Each Qualified ECP Guarantor hereby jointly and severally absolutely, unconditionally and irrevocably undertakes to provide such funds or other support as may be needed from time to time by each other Loan Credit Party to honor all of its obligations under this Guaranty in respect of Swap Obligations (provided, however, that each Qualified ECP Guarantor shall only be liable under this Section 11.11 19 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this Section 11.1119, or otherwise under this GuaranteeGuaranty, voidable under applicable Law law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor under this Section 11.11 shall remain in full force and effect until all Commitments hereunder have terminated, and all Loans or other Obligations hereunder which are accrued and payable have been paid or satisfied (other than Cash Management Obligations and Obligations arising under any Secured Hedge Agreement), and no Letter the Payment in Full of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory to the applicable L/C Issuer has been put in place)Obligations. Each Qualified ECP Guarantor intends that this Section 11.11 19 constitute, and this Section 11.11 19 shall be deemed to constitute, a “keepwell, support, or other agreement” for the benefit of each other Loan Credit Party for all purposes of Section 1a(18)(A)(v)(II) of the Commodity Exchange Act. Each Guarantor has caused this Guaranty to be duly executed as of the date first above written. By: Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: Chief Financial Officer and Secretary By: Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: Chief Financial Officer and Secretary SUPPLEMENT NO. dated as of (the “Supplement”), to the Guaranty Agreement dated as of June 19, 2015 (as amended, supplemented or otherwise modified from time to time, the “Guaranty Agreement”), executed by [ ] and [ ], (the “Guarantors”) and ▇▇▇▇▇ Fargo Bank, National Association, as Administrative Agent (in such capacity, the “Administrative Agent”) for the benefit of the Secured Parties (as defined in the Credit Agreement referred to herein). A. Reference is made to the Credit Agreement dated as of June 19, 2015 (as amended, restated, supplemented or otherwise modified from time to time, the “Credit Agreement”), among Jagged Peak Energy LC, a Delaware limited liability company (the “Borrower”), the lenders from time to time party thereto (the “Lenders”), the Administrative Agent, ▇▇▇▇▇ Fargo Bank, National Association, as the issuing lender (the “Issuing Lender”). B. Capitalized terms used herein and not otherwise defined herein shall have the meanings assigned to such terms in the Guaranty Agreement or the Credit Agreement, as applicable. C. The Guarantors have entered into the Guaranty Agreement in order to induce the Lenders to make Advances and the Issuing Lender to issue Letters of Credit. Section 17 of the Guaranty Agreement provides that additional Subsidiaries of the Borrower may become Guarantors under the Guaranty Agreement by execution and delivery of an instrument in the form of this Supplement. The undersigned Subsidiary of the Borrower (the “New Guarantor”) is executing this Supplement in accordance with the requirements of the Credit Agreement to become a Guarantor under the Guaranty Agreement in order to induce the Lenders to make additional Advances and the Issuing Lender to issue additional Letters of Credit and as consideration for Advances previously made and Letters of Credit previously issued. Accordingly, the Administrative Agent and the New Guarantor agree as follows: SECTION 1. In accordance with Section 17 of the Guaranty Agreement, the New Guarantor by its signature below becomes a Guarantor under the Guaranty Agreement with the same force and effect as if originally named therein as a Guarantor and the New Guarantor hereby (a) agrees to all the terms and provisions of the Guaranty Agreement applicable to it as a Guarantor thereunder and (b) represents and warrants that the representations and warranties made by it as a Guarantor thereunder are true and correct in all material respects on and as of the date hereof. Each reference to a “Guarantor” in the Guaranty Agreement shall be deemed to include the New Guarantor. The Guaranty Agreement is hereby incorporated herein by reference. SECTION 2. The New Guarantor represents and warrants to the Administrative Agent and the other Secured Parties that this Supplement has been duly authorized, executed and delivered by it by all requisite corporate, limited liability company or partnership action and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms (subject to applicable bankruptcy, reorganization, insolvency, moratorium or similar laws affecting creditors’ rights generally and subject, as to enforceability, to equitable principles of general application (regardless of whether enforcement is sought in a proceeding in equity or at law)). SECTION 3. This Supplement may be executed in counterparts, each of which shall constitute an original, but all of which when taken together shall constitute a single contract. This Supplement shall become effective when the Administrative Agent shall have received counterparts of this Supplement that, when taken together, bear the signatures of the New Guarantor and the Administrative Agent. Delivery of an executed signature page to this Supplement by facsimile or other electronic transmission shall be as effective as delivery of a manually executed counterpart of this Supplement. SECTION 4. Except as expressly supplemented hereby, the Guaranty Agreement shall remain in full force and effect. SECTION 5. This Supplement shall be deemed a contract under, and shall be governed by, and construed and enforced in accordance with, the laws of the State of New York without regard to conflicts of laws principles (other than Sections 5-1401 and 5-1402 of the General Obligations Law of the State of New York). The New Guarantor hereby agrees that service of copies of the summons and complaint and any other process which may be served in any such action or proceeding may be made by mailing or delivering a copy of such process to the New Guarantor at the address set forth on the signature page to this Supplement. Nothing in this Section shall affect the rights of any Lender to serve legal process in any other manner permitted by the law or affect the right of any Lender to bring any action or proceeding against the New Guarantor or its Property in the courts of any other jurisdiction. SECTION 6. The parties hereto hereby agree that any suit or proceeding arising in respect of this Supplement, or any of the matters contemplated hereby will be tried exclusively in the U.S. District Court for the Southern District of New York or, if such court does not have subject matter jurisdiction, in any state court located in the City and County of New York, and the parties hereto hereby agree to submit to the exclusive jurisdiction of, and venue in, such court. Each of the parties hereto agrees that a final judgment in any such action or proceeding shall be conclusive and may be enforced in other jurisdictions by suit on the judgment or in any other manner provided by applicable law. Each party hereto hereby irrevocably and unconditionally waives, to the fullest extent permitted by applicable Legal Requirement, any objection that it may now or hereafter have to the laying of venue of any action or proceeding arising out of or relating to this Supplement in any court referred to in this Section 6. Each of the parties hereto hereby irrevocably waives, to the fullest extent permitted by applicable Legal Requirement, the defense of any inconvenient forum to the maintenance of such action or proceeding in any such court. SECTION 7. THE NEW GUARANTOR HEREBY ACKNOWLEDGES THAT IT HAS BEEN REPRESENTED BY AND HAS CONSULTED WITH COUNSEL OF ITS CHOICE, AND HEREBY KNOWINGLY, VOLUNTARILY, INTENTIONALLY, AND IRREVOCABLY WAIVES ANY AND ALL RIGHT TO TRIAL BY JURY IN RESPECT OF ANY LEGAL PROCEEDING ARISING OUT OF OR RELATING TO THIS SUPPLEMENT OR ANY OF THE TRANSACTIONS CONTEMPLATED HEREBY. SECTION 8. In case any one or more of the provisions contained in this Supplement should be held invalid, illegal or unenforceable in any respect, the validity, legality and enforceability of the remaining provisions contained herein and in the Guaranty Agreement shall not in any way be affected or impaired thereby (it being understood that the invalidity of a particular provision hereof in a particular jurisdiction shall not in and of itself affect the validity of such provision in any other jurisdiction). The parties hereto shall endeavor in good-faith negotiations to replace the invalid, illegal or unenforceable provisions with valid provisions the economic effect of which comes as close as possible to that of the invalid, illegal or unenforceable provisions. SECTION 9. All communications and notices hereunder shall be in writing and given as provided in Section 10 of the Guaranty Agreement.

Appears in 2 contracts

Sources: Credit Agreement (Jagged Peak Energy Inc.), Credit Agreement (Jagged Peak Energy Inc.)

Keepwell. Each Loan Party that is a Qualified ECP Guarantor at the time the Guarantee under the Guarantee and Collateral Agreement is entered into by any Loan Party that is not then an “eligible contract participant” under the Commodity Exchange Act (a “Specified Loan Party”) or at the time any such Specified Loan Party grants a security interest under the Loan Documents, hereby jointly and severally severally, absolutely, unconditionally and irrevocably undertakes to provide such funds or other support to each Specified Loan Party with respect to such Swap Obligation as may be needed by such Specified Loan Party from time to time by each other Loan Party to honor all of its obligations under this Guaranty the Loan Documents in respect of such Swap Obligations Obligation (providedbut, howeverin each case, that each Qualified ECP Guarantor shall only be liable under this Section 11.11 for up to the maximum amount of such liability that can be hereby incurred without rendering its such Qualified ECP Guarantor’s obligations and undertakings under this Section 11.11, or otherwise under this Guarantee, the Guarantee and Collateral Agreement voidable under the Bankruptcy Code of the United States (or similar debtor relief laws of the United States or other applicable Law relating to fraudulent conveyance or fraudulent transferjurisdictions), and not for any greater amount). The obligations and undertakings of each Qualified ECP Guarantor applicable Loan Party under this Section 11.11 shall remain in full force and effect until all Commitments hereunder such time as the Obligations (other than (a) contingent indemnification obligations for which no claims have terminatedbeen made, and all Loans or other Obligations hereunder which are accrued and payable (b) the Designated Obligations) have been paid in full, the Commitments have expired or satisfied terminated and all Letters of Credit and FCIs shall have expired (other than Cash Management Obligations and Obligations arising under without any Secured Hedge Agreementpending drawing) or terminated (or been fully cash collateralized or otherwise supported in a manner consistent with the terms of Section 2.5(j) or Section 2.6(m)(iv), and no Letter of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory to the applicable L/C Issuer has been put in placeas applicable). Each Qualified ECP Guarantor Loan Party intends that this Section 11.11 to constitute, and this Section 11.11 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of of, each other Specified Loan Party for all purposes of Section 1a(18)(A)(v)(II) of the Commodity Exchange Act.

Appears in 2 contracts

Sources: Credit Agreement (SPX Technologies, Inc.), Credit Agreement (SPX Technologies, Inc.)

Keepwell. Each If Guarantor is a Qualified ECP Guarantor hereby jointly and severally Guarantor, it absolutely, unconditionally and irrevocably undertakes to provide such funds or other support as may be needed from time to time by each other Loan Party Borrower to honor all of its obligations under this Guaranty the Credit Agreement in respect of Swap Hedging Obligations (provided, however, that each Qualified ECP Guarantor shall only be liable under this Section 11.11 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this Section 11.11Section, or otherwise under this GuaranteeGuaranty, voidable under to be avoidable or unenforceable against Guarantor in such proceeding as a result of applicable Law relating to Legal Requirements, including, without limitation, (A) Section 548 of the Bankruptcy Code of the United States and (B) any state fraudulent transfer or fraudulent conveyance act or fraudulent transferstatute applied in such proceeding, whether by virtue of Section 544 of the Bankruptcy Code of the United States or otherwise, and not for any greater amount). The obligations of each Qualified ECP Guarantor under this Section 11.11 shall remain in full force and effect until all Commitments hereunder the later of (i) the Guaranteed Obligations (other than contingent indemnification obligations and other contingent obligations not yet accrued and payable) shall have terminatedbeen paid, performed and completed in full, and (ii) the Loan, Hedging Obligations and all Loans interests, fees, and other amounts due from the Borrower under the Loan Documents and the Master Agreement or other Obligations hereunder which are accrued and payable documentation in connection with such Hedging Transactions have been paid or satisfied in full (other than Cash Management Obligations contingent indemnification obligations and Obligations arising under any Secured Hedge Agreement), other contingent obligations not yet accrued and no Letter of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory to the applicable L/C Issuer has been put in placepayable). Each Qualified ECP Guarantor intends that this Section 11.11 constitute, and this Section 11.11 shall be deemed to constitute, a “keepwell, support, or other agreement” for the benefit of each other Loan Party Borrower for all purposes of Section 1a(18)(A)(v)(II) of the Commodity Exchange Act. As used herein, (i) “Commodity Exchange Act” means 7 U.S.C. §1 et seq., as amended from time to time, and any successor statute and (ii) “Qualified ECP Guarantor” means, at any time, the Guarantor, with total assets exceeding $10,000,000 or that qualifies at such time as an “eligible contract participant” under the Commodity Exchange Act and that can cause another Person to qualify as an “eligible contract participant” at such time under Section 1a(18)(A)(v)(II) of the Commodity Exchange Act.

Appears in 2 contracts

Sources: Guaranty (America First Multifamily Investors, L.P.), Guaranty (America First Multifamily Investors, L.P.)

Keepwell. Each Guarantor that is a Qualified ECP Guarantor (as defined below) at the time the Guaranty or the grant of the security interest under the Loan Documents, in each case, by any Specified Loan Party, becomes effective with respect to any Swap Obligation, hereby jointly and severally severally, absolutely, unconditionally and irrevocably undertakes to provide such funds or other support to each Specified Loan Party with respect to such Swap Obligation as may be needed by such Specified Loan Party from time to time by each other Loan Party to honor all of its obligations under this Guaranty and the other Loan Documents in respect of such Swap Obligations Obligation (providedbut, howeverin each case, that each Qualified ECP Guarantor shall only be liable under this Section 11.11 for up to the maximum amount of such liability that can be hereby incurred without rendering its such Qualified ECP Guarantor’s obligations and undertakings under this Section 11.11, or otherwise under this Guarantee, Article 27 voidable under applicable Law law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations and undertakings of each Qualified ECP Guarantor under this Section 11.11 shall remain in full force and effect until all Commitments hereunder have terminated, and all Loans or other the Obligations hereunder which are accrued and payable have been indefeasibly paid or satisfied (other than Cash Management Obligations and Obligations arising under any Secured Hedge Agreement), and no Letter of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory to the applicable L/C Issuer has been put performed in place)full. Each Qualified ECP Guarantor intends that this Section 11.11 to constitute, and this Section 11.11 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of of, each other Specified Loan Party for all purposes of Section the Commodity Exchange Act. “Qualified ECP Guarantor” shall mean, at any time, each Loan Party with total assets exceeding $10,000,000 or that qualifies at such time as an “eligible contract participant” under the Commodity Exchange Act and can cause another person to qualify as an “eligible contract participant” at such time under §1a(18)(A)(v)(II) of the Commodity Exchange Act.

Appears in 2 contracts

Sources: Credit Agreement (Snyder's-Lance, Inc.), Credit Agreement (Snyder's-Lance, Inc.)

Keepwell. Each Qualified ECP Guarantor hereby jointly and severally absolutely, unconditionally and irrevocably undertakes to provide such funds or other support as may be needed from time to time by each other Loan Party to honor all of its obligations under this Guaranty in respect of Swap Obligations (provided, however, that each Qualified ECP Guarantor shall only be liable under this Section 11.11 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this Section 11.11, or otherwise under this Guarantee, voidable under applicable Law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor under this Section 11.11 shall remain in full force and effect until all Commitments hereunder have terminated, and all Loans or other Obligations hereunder which are accrued and payable have been paid or satisfied (other than Cash Management Obligations and Obligations arising under any Secured Hedge Agreement), and no Letter of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory to the applicable L/C Issuer has been put in place). Each Qualified ECP Guarantor intends that this Section 11.11 constitute, and this Section 11.11 shall be deemed to constitute, a “keepwell, support, or other agreement” for the benefit of each other Loan Party for all purposes of Section 1a(18)(A)(v)(II) of the Commodity Exchange Act.. [Signature Pages Follow]

Appears in 2 contracts

Sources: Credit Agreement (Signify Health, Inc.), Credit Agreement (Avantor, Inc.)

Keepwell. Each Guaranteed Party that is a Qualified ECP Guarantor (as defined below) at the time the Guaranty or the grant of the security interest under the Credit Documents, in each case, by any Specified Credit Party, becomes effective with respect to any Swap Obligation, hereby jointly and severally severally, absolutely, unconditionally and irrevocably undertakes to provide such funds or other support to each Specified Loan Party with respect to such Swap Obligation as may be needed by such Specified Loan Party from time to time by each other Loan Party to honor all of its obligations under this Guaranty and the other Credit Documents in respect of such Swap Obligations Obligation (providedbut, howeverin each case, that each Qualified ECP Guarantor shall only be liable under this Section 11.11 for up to the maximum amount of such liability that can be hereby incurred without rendering its such Qualified ECP Guarantor’s obligations and undertakings under this Section 11.11, or otherwise under this Guarantee, 27 voidable under applicable Law law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations and undertakings of each Qualified ECP Guarantor under this Section 11.11 27 shall remain in full force and effect until all Commitments hereunder have terminated, and all Loans or other the Guaranteed Obligations hereunder which are accrued and payable have been paid or satisfied (other than Cash Management Obligations and Obligations arising under any Secured Hedge Agreement), and no Letter of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory to the applicable L/C Issuer has been put performed in place)full. Each Qualified ECP Guarantor intends that this Section 11.11 27 to constitute, and this Section 11.11 27 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of of, each other Specified Loan Party for all purposes of the Commodity Exchange Act. A “Qualified ECP Guarantor” shall mean, in respect of any Swap Obligation, each Credit Party that has total assets exceeding $10,000,000 at the time the Guaranty or grant of the relevant security interest becomes effective with respect to such Swap Obligation or such other person as constitutes an “eligible contract participant” under the Commodity Exchange Act or any regulations promulgated thereunder and can cause another person to qualify as an “eligible contract participant” at such time by entering into a keepwell under Section 1a(18)(A)(v)(II) of the Commodity Exchange Act.

Appears in 2 contracts

Sources: First Lien Subsidiaries Guaranty (PAE Inc), Second Lien Subsidiaries Guaranty (PAE Inc)

Keepwell. Each Qualified ECP Guarantor Contributing Party hereby jointly and severally absolutely, unconditionally and irrevocably undertakes to provide such funds or other support as may be needed from time to time by each other Loan Party to honor all of its obligations under this Guaranty or the other Loan Documents in respect of Swap the Hedge Obligations (provided, however, that each Qualified ECP Guarantor Contributing Party shall only be liable under this Section 11.11 30 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this Section 11.1130, or otherwise under this Guarantee, the Guaranty or the other Loan Documents voidable under applicable Law relating to fraudulent conveyance or fraudulent transferthe Avoidance Provisions, and not for any greater amount). The obligations of each Qualified ECP Guarantor Contributing Party under this Section 11.11 30 shall remain in full force and effect until all Commitments hereunder have terminateda discharge of the obligations of Guarantor under this Guaranty if such Qualified ECP Contributing Party is Guarantor, and all Loans or of the other Obligations hereunder which are accrued and payable have been paid or satisfied Loan Parties (other than Cash Management Obligations Borrower and Obligations arising Guarantor) under any Secured the Loan Documents to which they are a party if such Qualified ECP Contributing Party is one of such other Loan Parties, or of Borrower under the Term Loan Agreement and the other Loan Documents and the Hedge Agreement), and no Letter of Credit remains outstanding (except any Letter of Credit Documents if such Qualified ECP Contributing Party is the Outstanding Amount of which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory to the applicable L/C Issuer has been put in place)Borrower. Each Qualified ECP Guarantor Contributing Party intends that this Section 11.11 30 constitute, and this Section 11.11 30 shall be deemed to constitute, a keepwell, support, or other agreement” agreement for the benefit of each other Loan Party for all purposes of Section 1a(18)(A)(v)(II) of the Commodity Exchange Act. For purposes of Section 30 of this Guaranty, the term “Qualified ECP Contributing Party” means, in respect of any Hedge Obligation, each Loan Party that has total assets exceeding $10,000,000 at the time the time such party becomes a party to this Guaranty or the “Guaranty” (as defined in the Term Loan Agreement) or grant of the relevant security interest becomes effective with respect to such Hedge Obligation or such other person as constitutes an “eligible contract participant” under the Commodity Exchange Act or any regulations promulgated thereunder and can cause another person to qualify as an “eligible contract participant” at such time by entering into a keepwell under Section 1a(18)(A)(v)(II) of the Commodity Exchange Act.

Appears in 2 contracts

Sources: Term Loan Agreement (Kite Realty Group, L.P.), Springing Guaranty (Kite Realty Group, L.P.)

Keepwell. Each Loan Party that is a Qualified ECP Guarantor (as hereinafter defined) at the time this Agreement by any Specified Loan Party becomes effective with respect to any Swap Obligation, hereby jointly and severally severally, absolutely, unconditionally and irrevocably undertakes to provide such funds or other support to each Specified Loan Party with respect to such Swap Obligation as may be needed by such Specified Loan Party from time to time by each other Loan Party to honor all of its obligations under this Guaranty and the other Loan Documents in respect of such Swap Obligations Obligation (providedbut, howeverin each case, that each Qualified ECP Guarantor shall only be liable under this Section 11.11 for up to the maximum amount of such liability that can be hereby incurred without rendering its such Qualified ECP 122 Guarantor’s obligations and undertakings under this Section 11.11, or otherwise under this Guarantee, 11.09 voidable under applicable Law law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations and undertakings of each Qualified ECP Guarantor under this Section 11.11 11.09 shall remain in full force and effect until all Commitments hereunder have terminated, and all Loans or other the Guaranteed Obligations hereunder which are accrued and payable have been indefeasibly paid or satisfied (other than Cash Management Obligations and Obligations arising under any Secured Hedge Agreement), and no Letter of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory to the applicable L/C Issuer has been put performed in place)full. Each Qualified ECP Guarantor intends that this Section 11.11 11.09 to constitute, and this Section 11.11 11.09 shall be deemed to constitute, a Guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of of, each other Specified Loan Party for all purposes of the Commodity Exchange Act. For purposes of this Section 1a(18)(A)(v)(II11.09, “Qualified ECP Guarantor” means, at any time, each Guarantor with total assets exceeding $10,000,000 or that qualifies at such time as an “eligible contract participant” under the Commodity Exchange Act and can cause another Person to qualify as an “eligible contract participant” at such time under §1418 (A)(v)(II) of the Commodity Exchange Act.. 123

Appears in 2 contracts

Sources: Credit Agreement (Alexander & Baldwin, Inc.), Credit Agreement (Alexander & Baldwin, Inc.)

Keepwell. Each Guarantor that is a Qualified ECP Guarantor at the time the Guaranty or the grant of a Lien under the Loan Documents, in each case, by any Specified Loan Party becomes effective with respect to any Swap Obligation, hereby jointly and severally severally, absolutely, unconditionally and irrevocably undertakes to provide such funds or other support to each Specified Loan Party with respect to such Swap Obligation as may be needed by such Specified Loan Party from time to time by each other Loan Party to honor all of its obligations under this Guaranty the Loan Documents in respect of such Swap Obligations Obligation (providedbut, howeverin each case, that each Qualified ECP Guarantor shall only be liable under this Section 11.11 for up to the maximum amount of such liability that can be hereby incurred without rendering its such Qualified ECP Guarantor’s obligations and undertakings under this Section 11.11, or otherwise under this Guarantee, 20 voidable under applicable Law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations and undertakings of each Qualified ECP Guarantor under this Section 11.11 20 shall remain in full force and effect until all Commitments hereunder have terminated, and all Loans or other the Guaranteed Obligations hereunder which are accrued and payable have been indefeasibly paid or satisfied (other than Cash Management Obligations and Obligations arising under any Secured Hedge Agreement), and no Letter of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory to the applicable L/C Issuer has been put performed in place)full. Each Qualified ECP Guarantor intends that this Section 11.11 20 to constitute, and this Section 11.11 20 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of of, each other Specified Loan Party for all purposes of the Commodity Exchange Act. For purposes hereof, (a) “Qualified ECP Guarantor” means, at any time, each Loan Party with total assets exceeding $10,000,000 or that qualifies at such time as an “eligible contract participant” under the Commodity Exchange Act and can cause another Person to qualify as an “eligible contract participant” at such time under Section 1a(18)(A)(v)(II) of the Commodity Exchange Act, and (b) “Specified Loan Party” means any Guarantor that is not then an “eligible contract participant” under the Commodity Exchange Act (determined prior to giving effect to Section 20). Bank of America, N.A., as Administrative Agent ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ ▇▇., Building C Mail Code: TX2-984-03-26 Richardson, TX 75082 Attn: ▇▇▇▇▇▇▇ ▇▇▇▇▇ Phone: (▇▇▇) ▇▇▇-▇▇▇▇ Fascimile: (▇▇▇) ▇▇▇-▇▇▇▇ Email: ▇▇▇▇▇▇▇.▇▇▇▇▇@▇▇▇▇.▇▇▇ Second Amended and Restated Credit Agreement dated as of October 31, 2022 among Methode Electronics, Inc., a Delaware corporation (the “Company”), Ladies and Gentlemen: Reference is made to the above-captioned Credit Agreement and to the Guaranty referred to therein (such Guaranty, as in effect on the date hereof and as it may hereafter be amended, supplemented or otherwise modified from time to time, together with this Guaranty Supplement, being the “Guaranty”). The capitalized terms defined in the Guaranty or in the Credit Agreement and not otherwise defined herein are used herein as therein defined.

Appears in 1 contract

Sources: Second Amendment to Second Amended and Restated Credit Agreement (Methode Electronics Inc)

Keepwell. Each Credit Party that is a Qualified ECP Guarantor at the time the Guaranty in this Article XI by any Credit Party that is not then an “eligible contract participant” under the Commodity Exchange Act (a “Specified Loan Party”) becomes effective with respect to any Obligation under any Swap Contract, hereby jointly and severally severally, absolutely, unconditionally and irrevocably undertakes to provide such funds or other support to each Specified Loan Party with respect to such Obligation as may be needed by such Specified Loan Party from time to time by each other Loan Party to honor all of its obligations under this Guaranty the Loan Documents in respect of Swap Obligations such Obligation (providedbut, howeverin each case, that each Qualified ECP Guarantor shall only be liable under this Section 11.11 for up to the maximum amount of such liability that can be hereby incurred without rendering its such Qualified ECP Guarantor’s obligations and undertakings under this Section 11.11, or otherwise under this Guarantee, Article XI voidable under any applicable Law relating to fraudulent conveyance or fraudulent transferDebtor Relief Laws, and not for any greater amount). The obligations and undertakings of each Qualified ECP Guarantor applicable Credit Party under this Section 11.11 shall remain in full force and effect until all Commitments hereunder have terminated, and all Loans or other of the Obligations hereunder which are accrued and payable have been irrevocably paid or satisfied (other than Cash Management Obligations and Obligations arising under any Secured Hedge Agreement), and no Letter of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory to the applicable L/C Issuer has been put performed in place)full. Each Qualified ECP Guarantor Credit Party intends that this Section 11.11 to constitute, and this Section 11.11 shall be deemed to constitute, a “keepwell, support, or other agreement” for the benefit of each other Loan Credit Party that would otherwise not constitute an “eligible contract participant” for any Obligation under any Swap Contract for all purposes of Section 1a(18)(A)(v)(II) of the Commodity Exchange Act. Each of the parties hereto has caused a counterpart of this Agreement to be duly executed as of the date first above written. BORROWERS: SABRA HEALTH CARE LIMITED PARTNERSHIP, a Delaware limited partnership By: Sabra Health Care REIT, Inc., a Maryland corporation, its general partner By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: Executive Vice President - Finance SABRA CANADIAN HOLDINGS, LLC, a Delaware limited liability company By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: Executive Vice President - Finance REIT GUARANTOR: SABRA HEALTH CARE REIT, INC., a Maryland corporation By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: Executive Vice President - Finance GUARANTORS: SABRA CA HOLDCO, INC., a British Columbia corporation By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: Executive Vice President - Finance NEW HAMPSHIRE HOLDINGS, LLC, SABRA 1717 PREFERRED EQUITY, LLC, ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ PREFERRED EQUITY, LLC, SABRA BEAVERCREEK PREFERRED EQUITY, LLC, SABRA CALIFORNIA II, LLC, SABRA CLARKSVILLE PREFERRED EQUITY, LLC, SABRA DEERFIELD PREFERRED EQUITY, LLC, SABRA HAGERSTOWN, LLC, SABRA HEALTH CARE FRANKENMUTH, LLC, SABRA HEALTH CARE HOLDINGS I, LLC, SABRA HEALTH CARE HOLDINGS II, LLC, SABRA HEALTH CARE HOLDINGS III, LLC, SABRA HEALTH CARE HOLDINGS IV, LLC, SABRA HEALTH CARE HOLDINGS VI, LLC, SABRA HEALTH CARE NORTHEAST, LLC, SABRA HEALTH CARE PENNSYLVANIA, LLC, SABRA HEALTH CARE VIRGINIA, LLC, SABRA HEALTH CARE ▇▇▇▇▇▇▇▇ ▇▇, LLC, SABRA HEALTH CARE, L.L.C., SABRA HEALTH CARE DELAWARE, LLC, ▇▇▇▇▇ ▇▇▇▇ DRIVE, LLC, ▇▇▇▇▇ ▇▇▇▇▇▇▇ PREFERRED EQUITY, LLC, SABRA MCCORDSVILLE PREFERRED EQUITY, LLC, SABRA MICHIGAN, LLC, SABRA NEW BRAUNFELS PREFERRED EQUITY, LLC, SABRA NEW MEXICO, LLC, and SABRA NEW MEXICO II, LLC, each a Delaware limited liability company By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: Executive Vice President - Finance SABRA NORTH CAROLINA GP, LLC, SABRA PHOENIX TRS VENTURE, LLC, SABRA PHOENIX TRS VENTURE II, LLC, SABRA PHOENIX WISCONSIN, LLC, and SABRA TRS HOLDINGS, LLC, each a Delaware limited liability company By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: Executive Vice President - Finance SABRA CANADIAN GP I INC., a British Columbia corporation By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: Executive Vice President - Finance SBRAREIT CANADIAN GP V INC., a Nova Scotia corporation By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: Executive Vice President - Finance SABRA CANADIAN PROPERTIES I, LIMITED PARTNERSHIP, a British Columbia limited partnership By: SABRA CANADIAN GP I INC., a British Columbia corporation, its general partner By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: Executive Vice President - Finance SABRA COLORADO, LLC, a Nevada limited liability company By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: Executive Vice President - Finance SBRAREIT CANADIAN PROPERTIES V, LIMITED PARTNERSHIP, an Alberta limited partnership By: SBRAREIT CANADIAN GP V INC., a Nova Scotia corporation, its general partner By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: Executive Vice President - Finance SABRA NORTH CAROLINA, L.P., a Delaware limited partnership By: SABRA NORTH CAROLINA GP, LLC, a Delaware limited liability company, its general partner By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: Executive Vice President - Finance SABRA TEXAS GP, LLC, and SABRA TEXAS HOLDINGS GP, LLC, each a Texas limited liability company By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: Executive Vice President - Finance SABRA TEXAS HOLDINGS, L.P., a Texas limited partnership By: SABRA TEXAS HOLDINGS GP, LLC, a Texas limited liability company, its general partner By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: Executive Vice President - Finance SABRA TEXAS PROPERTIES, L.P., SABRA TEXAS PROPERTIES II, L.P., SABRA TEXAS PROPERTIES III, L.P., and SABRA TEXAS PROPERTIES IV, L.P., each a Texas limited partnership By: SABRA TEXAS GP, LLC, a Texas limited liability company, its general partner By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: Executive Vice President - Finance SB NEW MARTINSVILLE, LLC, a West Virginia limited liability company By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: Executive Vice President - Finance SABRA HEALTH CARE INVESTMENTS, LP, a Delaware limited partnership By: SABRA PHOENIX TRS VENTURE, LLC, a Delaware limited liability company, its general partner By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: Executive Vice President - Finance BANK OF AMERICA, N.A., as Administrative Agent By: /s/ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Title: AVP BANK OF AMERICA, N.A., as a Lender and an L/C Issuer By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇ Title: Director CITIZENS BANK, NATIONAL ASSOCIATION, as a Lender and an L/C Issuer By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇▇ Title: Senior Vice President CRÉDIT AGRICOLE CORPORATE AND INVESTMENT BANK, as a Lender and an L/C Issuer By: /s/ ▇▇▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇ Title: Managing Director By: /s/ ▇▇▇▇▇▇ ▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇ Title: Director ▇▇▇▇▇ FARGO BANK, NATIONAL ASSOCIATION, as a Lender and an L/C Issuer By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Managing Director BMO ▇▇▇▇▇▇ BANK, N.A., as a Lender By: /s/ ▇▇▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇ Title: Director THE BANK OF NOVA SCOTIA, as a Lender By: /s/ Michael Grad Name: Michael Grad Title: Director MUFG BANK, LTD., as a Lender By: /s/ ▇▇▇ ▇▇▇▇ Name: ▇▇▇ ▇▇▇▇ Title: Vice President BARCLAYS BANK PLC, as a Lender By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Director CITIBANK, N.A., as a Lender By: /s/ ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇ Title: Authorized Signatory BBVA USA, as a Lender By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Senior Vice President FIFTH THIRD BANK, AN OHIO CORPORATION, as a Lender By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Title: Director JPMORGAN CHASE BANK, N.A., as a Lender By: /s/ ▇▇▇▇ ▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇ Title: Authorized Signer ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ BANK, N.A., as a Lender By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇ Title: Authorized Signatory ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ SENIOR FUNDING, INC., as a Lender By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇ Title: Vice President SUMITOMO MITSUI BANKING CORPORATION, as a Lender By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ Title: General Manager SUNTRUST BANK, as a Lender By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Title: Director KEYBANK NATIONAL ASSOCIATION, as a Lender By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Title: Vice President MIZUHO BANK, LTD., as a Lender By: /s/ ▇▇▇▇▇ ▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇ Title: Authorized Signatory REGIONS BANK, as a Lender By: /s/ ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇ Name: ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇ Title: Managing Director ROYAL BANK OF CANADA, as a Lender By: /s/ ▇▇▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇ Title: Authorized Signatory BANK OF THE WEST, A CALIFORNIA BANKING CORPORATION, as a Lender By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: Vice President THE HUNTINGTON NATIONAL BANK, as a Lender By: /s/ ▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇ Name: ▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇ Title: Vice President ▇▇▇▇▇▇▇ ▇▇▇▇▇ BANK, N.A., as a Lender By: /s/ ▇▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇ Title: Senior Vice President FIRST COMMERCIAL BANK, LTD., A REPUBLIC OF CHINA BANK ACTING THROUGH ITS LOS ANGELES BRANCH, as a Lender By: /s/ ▇▇▇▇▇-▇▇▇▇, ▇▇▇▇ Name: ▇▇▇▇▇-▇▇▇▇, ▇▇▇▇ Title: S.A.V.P. & General Manager LAND BANK OF TAIWAN, NEW YORK BRANCH, as a Lender By: /s/ ▇▇▇▇▇▇ ▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇ Title: General Manager TAIWAN COOPERATIVE BANK, SEATTLE BRANCH, as a Lender By: /s/ ▇▇▇▇-▇▇▇▇▇ ▇▇▇ Name: ▇▇▇▇-▇▇▇▇▇ ▇▇▇ Title: VP & General Manager STIFEL BANK & TRUST, as a Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇, ▇▇. Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇, ▇▇. Title: Senior Vice President BANK OF TAIWAN, NEW YORK BRANCH, as a Lender By: /s/ ▇▇▇▇-▇▇▇ ▇▇▇ Name: ▇▇▇▇-▇▇▇ ▇▇▇ Title: VP & General Manager

Appears in 1 contract

Sources: Credit Agreement (Sabra Health Care REIT, Inc.)

Keepwell. Each Loan Party, if it is a Qualified ECP Guarantor hereby Loan Party, jointly and severally absolutelyseverally, hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Swap Obligations owing by each Non-Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of its such Non-Qualifying Party’s obligations under this Guaranty Agreement or any Loan Document in respect of Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 11.11 8.23 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this Section 11.118.23, or otherwise under this GuaranteeAgreement or any Loan Document, voidable under applicable Law law, including applicable law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 11.11 8.23 shall remain in full force and effect until all Commitments hereunder have terminated, and all Loans or other Obligations hereunder which are accrued and payable have been paid or satisfied (other than Cash Management payment in full of the Obligations and Obligations arising under any Secured Hedge Agreement), termination of this Agreement and no Letter of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory to the applicable L/C Issuer has been put in place)Loan Documents. Each Qualified ECP Guarantor Loan Party intends that this Section 11.11 8.23 constitute, and this Section 11.11 8.23 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of each other Loan Party Borrower and Guarantor for all purposes of Section 1a(18)(A)(v)(II1a(18(A)(v)(II) of the Commodity Exchange ActCEA. Notwithstanding anything to the contrary contained herein, no Swap Obligations of any Non-Qualifying Party shall be paid with amounts received from such Non-Qualifying Party under its guaranty (including sums received as a result of the exercise of remedies with respect to such guaranty) or from the proceeds of such Non-Qualifying Party’s Collateral if such Swap Obligations would constitute Excluded Hedge Liabilities, provided, however, that to the extent possible appropriate adjustments shall be made with respect to payments and/or the proceeds of Collateral from other Borrowers and/or Guarantors that are Eligible Contract Participants with respect to such Swap Obligations to preserve the allocation to the Debt otherwise set forth herein.

Appears in 1 contract

Sources: Loan Agreement (Mastech Holdings, Inc.)

Keepwell. Each Qualified ECP Guarantor Keepwell Provider (as defined below) hereby jointly and severally absolutely, unconditionally unconditionally, and irrevocably undertakes to provide such funds or other support as may be needed from time to time by each other Loan Party to honor all of its obligations under this Guaranty guarantee in respect of any Swap Obligations Obligation (provided, however, that each Qualified ECP Guarantor Keepwell Provider shall only be liable under this Section 11.11 12 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this Section 11.1112, or otherwise under this Guaranteeguarantee, voidable under applicable Law law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Keepwell Provider under this Section 11.11 12 shall remain in full force and effect until the expiration or termination of the Commitments and until all Commitments hereunder have terminated, and all Loans or other Obligations hereunder which are accrued and payable have been paid or satisfied obligations of the Borrowers under the Loan Documents (other than Cash Management Obligations any contingent indemnification or similar obligations not yet due and Obligations arising under payable) are paid in full and all Letters of Credit (other than any Secured Hedge Agreement), and no Supported Letter of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of which the Obligations related thereto has Credit) have been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory to the applicable L/C Issuer has been put in place)terminated. Each Qualified ECP Guarantor Keepwell Provider intends that this Section 11.11 12 constitute, and this Section 11.11 12 shall be deemed to constitute, a “keepwell, support, or other agreement” for the benefit of each other Loan Party for all purposes of Section section 1a(18)(A)(v)(II) of the Commodity Exchange Act. For purposes hereof, “Qualified Keepwell Provider” means, in respect of any Swap Obligation, each Loan Party that, at the time the relevant guarantee (or grant of the relevant security interest, as applicable) becomes effective with respect to such Swap Obligation, has total assets exceeding $10,000,000 or otherwise constitutes an “eligible contract participant” under the Commodity Exchange Act or any regulations promulgated thereunder and can cause another person to qualify as an “eligible contract participant” with respect to such Swap Obligation at such time by entering into a keepwell pursuant to section 1a(18)(A)(v)(II) of the Commodity Exchange Act.

Appears in 1 contract

Sources: Credit Agreement (Regal Beloit Corp)

Keepwell. Each Loan Party, if it is a Qualified ECP Guarantor hereby Loan Party, then jointly and severally absolutelyseverally, together with each other Qualified ECP Loan Party, hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Swap Obligations owing by each Non-Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of its such Non-Qualifying Party's obligations under this Guaranty Agreement or any other Loan Document in respect of Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 11.11 12.24 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this Section 11.1112.24, or otherwise under this GuaranteeAgreement or any other Loan Document, voidable under applicable Law law, including applicable law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 11.11 12.24 shall remain in full force and effect until all Commitments hereunder have terminated, and all Loans or other Obligations hereunder which are accrued and payable have been paid or satisfied (other than Cash Management payment in full of the Obligations and Obligations arising under any Secured Hedge Agreement), termination of this Agreement and no Letter of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory to the applicable L/C Issuer has been put in place)other Loan Documents. Each Qualified ECP Guarantor Loan Party intends that this Section 11.11 12.24 constitute, and this Section 11.11 12.24 shall be deemed to constitute, a guarantee of the obligations of, and a "keepwell, support, or other agreement" for the benefit of each other Loan Party Borrower and Guarantor for all purposes of Section 1a(18)(A)(v)(II1(a)(18)(A)(v)(II) of the Commodity Exchange Act. Notwithstanding any provision hereof or in any Loan Document to the contrary, in the event that any Guarantor is not an "eligible contract participant" as such term is defined in Section 1(a)(18) of the Commodity Exchange Act, at the time (i) any Swap Obligation is undertaken or (ii) such Guarantor becomes a Guarantor, the Guaranteed Obligations of such Guarantor shall not include (x) in the case of clause (i) above, such Swap Obligation and (y) in the case of clause (ii) above, any transactions outstanding under any Swap Obligation as of such date such Guarantor becomes a Guarantor hereunder.

Appears in 1 contract

Sources: Financing Agreement (Steel Partners Holdings L.P.)

Keepwell. Each Qualified ECP Guarantor hereby jointly and severally absolutely, unconditionally and irrevocably undertakes to provide such funds or other support as may be needed from time to time by each other Loan Party Guarantor to honor all of its obligations under this Guaranty in respect of Swap Obligations (provided, however, that each Qualified ECP Guarantor shall only be liable under this Section 11.11 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this Section 11.11Section, or otherwise under this GuaranteeGuaranty, voidable under applicable Law law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor under this Section 11.11 shall remain in full force and effect until all Commitments hereunder have terminated, and all Loans or other Obligations hereunder which are accrued and payable have been paid or satisfied (other than Cash Management Obligations and Obligations arising under any Secured Hedge Agreement), and no Letter of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory to the applicable L/C Issuer has been put discharged in place)accordance with Section 13.3. Each Qualified ECP Guarantor intends that this Section 11.11 constitute, and this Section 11.11 shall be deemed to constitute, a “keepwell, support, or other agreement” for the benefit of each other Loan Party Guarantor for all purposes of Section 1a(18)(A)(v)(II) of the Commodity Exchange Act. ​ ​ This Credit Agreement is entered into between us for the uses and purposes hereinabove set forth as of the date first above written."Signature Page" \l 4 CTO REALTY GROWTH, INC., a Maryland corporation ​ ​ Name: ▇▇▇▇▇▇▇ ▇. PartridgePhilip ▇▇▇▇ Title: Senior Vice President, Chief Financial Officer and Treasurer ​ BANK OF MONTREAL, as L/C Issuer and as Administrative Agent ​ ​ ​ BANK OF MONTREAL, as a Lender and Swing Line Lender ​ ​ [Signature Page Second Amended and Restated Credit Agreement] ​ ​ TRUIST BANK, as a Lender ​ ​ By ​ ​​ ​ Name: ​ ​ Title: ​ ​ ​ [Signature Page Second Amended and Restated Credit Agreement] ​ ​ THE HUNTINGTON NATIONAL BANK, as a Lender ​ ​ ​ ​ Name: ​ ​ Title: ​ ​ ​ [Signature Page Second Amended and Restated Credit Agreement] ​ ​ ▇▇▇▇▇ Fargo Bank, National Association, as a Lender ​ ​ By ​ ​​ ​ Name: ​ ​ Title: ​ ​ ​ [Signature Page Second Amended and Restated Credit Agreement] ​ ​ KEYBANK, NATIONAL ASSOCIATION, as a ​ ​ By ​ ​​ ​ Name: ​ ​ Title: ​ ​ ​ [Signature Page Second Amended and Restated Credit Agreement] ​ ​ PNC BANK, NATIONAL ASSOCIATION, as a ​ ​ By ​ ​​ ​ Name: ​ ​ Title: ​ ​ ​ [Signature Page Second Amended and Restated Credit Agreement] ​ ​ ▇▇▇▇▇▇▇ ▇▇▇▇▇ BANK, as a Lender ​ ​ By ​ ​​ ​ Name: ​ ​ Title: ​ ​ ​ [Signature Page Second Amended and Restated Credit Agreement] ​ ​ SYNOVUS BANK, as a Lender ​ ​ By ​ ​​ ​ Name: ​ ​ Title: ​ ​ ​ [Signature Page Second Amended and Restated Credit Agreement] ​ ​ LHC15 RIVERSIDE FL LLC, a Delaware limited liability company ​ By: CTO Realty Growth, Inc., a Maryland corporation, its sole manager ​ ​ By: ​ ​ Name: ▇▇▇▇▇▇▇ ▇. PartridgePhilip ▇▇▇▇ Title: Senior Vice President, Chief Financial Officer and Treasurer ​ ​ INDIGO GROUP INC., a Florida corporation ​ ​ By: ​ ​ Name: ▇▇▇▇▇▇▇ ▇. PartridgePhilip ▇▇▇▇ Title: Senior Vice President, Chief Financial Officer and Treasurer ​ ​ CTO18 ALBUQUERQUE NM LLC, a Delaware limited liability company ​ By: CTO Realty Growth, Inc., a Maryland corporation, its manager ​ ​ By: ​ ​ Name: ▇▇▇▇▇▇▇ ▇. PartridgePhilip ▇▇▇▇ Title: Senior Vice President, Chief Financial Officer and Treasurer [Signature Page Second Amended and Restated Credit Agreement, RELEASE AND JOINDER] CTO Realty Growth, Inc.] ​ ​ INDIGO GROUP LTD., a Florida limited partnership ​ By: Indigo Group, Inc., a Florida corporation, its General Partner ​ ​ By: ​ ​ Name: ▇▇▇▇▇▇▇ ▇. PartridgePhilip ▇▇▇▇ Title: Senior Vice President, Chief Financial Officer and Treasurer ​ ​ CTO19 STRAND JAX LLC, a Delaware limited liability company ​ By: CTO Realty Growth, Inc., a Maryland corporation, its manager ​ ​ By: ​ ​ Name: ▇▇▇▇▇▇▇ ▇. PartridgePhilip ▇▇▇▇ Title: Senior Vice President, Chief Financial Officer and Treasurer ​ ​ DAYTONA JV LLC, a Florida limited liability company ​ By: LHC15 Atlantic DB JV LLC, a Delaware limited liability company, its sole manager ​ By: CTO Realty Growth, Inc., a Maryland corporation, its sole member ​ ​ By: ​ ​ Name: ▇▇▇▇▇▇▇ ▇. PartridgePhilip ▇▇▇▇ Title: Senior Vice President, Chief Financial Officer and Treasurer [Signature Page Second Amended and Restated Credit Agreement, RELEASE AND JOINDER] CTO Realty Growth, Inc.] ​ ​ CTO20 CROSSROADS AZ LLC, a Delaware limited liability company ​ By: CTO Realty Growth, Inc., a Maryland corporation, its manager ​ ​ By: ​ ​ Name: ▇▇▇▇▇▇▇ ▇. PartridgePhilip ▇▇▇▇ Title: Senior Vice President, Chief Financial Officer and Treasurer ​ ​ IGI20 CROSSROADS AZ LLC, a Delaware limited liability company ​ By: Indigo Group Inc., a Florida corporation, its manager ​ ​ By: ​ ​ Name: ▇▇▇▇▇▇▇ ▇. PartridgePhilip ▇▇▇▇ Title: Senior Vice President, Chief Financial Officer and Treasurer ​ ​ CTO20 PERIMETER LLC, a Delaware limited liability company ​ By: CTO Realty Growth, Inc., a Maryland corporation, its sole manager ​ ​ By: ​ ​ Name: ▇▇▇▇▇▇▇ ▇. PartridgePhilip ▇▇▇▇ Title: Senior Vice President, Chief Financial Officer and Treasurer [Signature Page Second Amended and Restated Credit Agreement, RELEASE AND JOINDER] CTO Realty Growth, Inc.] ​ ​ CTO20 PERIMETER II LLC, a Delaware limited liability company ​ By: CTO Realty Growth, Inc., a Maryland corporation, its sole manager ​ ​ By: ​ ​ Name: ▇▇▇▇▇▇▇ ▇. PartridgePhilip ▇▇▇▇ Title: Senior Vice President, Chief Financial Officer and Treasurer ​ ​ CTO21 ACQUISITIONS LLC, a Delaware limited liability company ​ By: CTO Realty Growth, Inc., a Maryland corporation, its manager ​ ​ By: ​ ​ Name: ▇▇▇▇▇▇▇ ▇. PartridgePhilip ▇▇▇▇ Title: Senior Vice President, Chief Financial Officer and Treasurer CTO Realty Growth, Inc.] ​ ​ CTO21 ACQUISITIONS II LLC, a Delaware limited liability company ​ By: CTO Realty Growth, Inc., a Maryland corporation, its manager ​ ​ By: ​ ​ Name: ▇▇▇▇▇▇▇ ▇. PartridgePhilip ▇▇▇▇ Title: Senior Vice President, Chief Financial Officer and Treasurer ​ ​ CTO21 AL OUTPARCEL LLC, a Delaware limited liability company ​ By: CTO Realty Growth, Inc., a Maryland corporation, its manager ​ ​ By: ​ ​ Name: ▇▇▇▇▇▇▇ ▇. PartridgePhilip ▇▇▇▇ Title: Senior Vice President, Chief Financial Officer and Treasurer ​ ​ CTO21 APEX LLC, a Delaware limited liability company ​ By: CTO Realty Growth, Inc., a Maryland corporation, its manager ​ ​ By: ​ ​ Name: ▇▇▇▇▇▇▇ ▇. PartridgePhilip ▇▇▇▇ Title: Senior Vice President, Chief Financial Officer and Treasurer ​ CTO Realty Growth, Inc.] ​ ​ CTO21 SANTA FE LLC, a Delaware limited liability company ​ By: CTO Realty Growth, Inc., a Maryland corporation, its manager ​ ​ By: ​ ​ Name: ▇▇▇▇▇▇▇ ▇. PartridgePhilip ▇▇▇▇ Title: Senior Vice President, Chief Financial Officer and Treasurer ​ ​ CTO21 ▇▇▇▇▇▇ 1 LLC, a Delaware limited liability company ​ By: CTO Realty Growth, Inc., a Maryland corporation, its manager ​ ​ By: ​ ​ Name: ▇▇▇▇▇▇▇ ▇. PartridgePhilip ▇▇▇▇ Title: Senior Vice President, Chief Financial Officer and Treasurer ​ ​ CTO22 MADISON YARDS LLC, a Delaware limited liability company ​ By: CTO Realty Growth, Inc., a Maryland corporation, its manager ​ ​ By: ​ ​ Name: ▇▇▇▇▇▇▇ ▇. PartridgePhilip ▇▇▇▇ Title: Senior Vice President, Chief Financial Officer and Treasurer CTO Realty Growth, Inc.] ​ ​ IGI 21 Katy LLC, a Delaware limited liability company By: Indigo Group, Inc., a Florida corporation, its manager Name: ▇▇▇▇▇▇▇ ▇. PartridgePhilip ▇▇▇▇ Title: Senior Vice President, Chief Financial Officer and Treasurer By: CTO Realty Growth, Inc., a Maryland corporation, its manager Name: ▇▇▇▇▇▇▇ ▇. PartridgePhilip ▇▇▇▇ Title: Senior Vice President, Chief Financial ​ Officer and Treasurer [Signature Page TO Second Amended and Restated Credit Agreement– ] CTO Realty Growth, Inc.] ​ ​

Appears in 1 contract

Sources: Second Amended and Restated Credit Agreement (CTO Realty Growth, Inc.)

Keepwell. Each Qualified ECP Guarantor hereby jointly and severally absolutely, unconditionally and irrevocably undertakes to provide such funds or other support as may be needed from time to time by each other Loan Party Guarantor to honor all of its obligations under this Guaranty in respect of Swap Obligations (provided, however, that each Qualified ECP Guarantor shall only be liable under this Section 11.11 11.12 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this Section 11.1111.12, or otherwise under this GuaranteeGuaranty, voidable under applicable Law law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor under this Section 11.11 11.12 shall remain in full force and effect until the termination of the Aggregate Commitments and payment in full of all Commitments hereunder have terminated, and all Loans or other Obligations hereunder which are accrued and payable have been paid or satisfied (other than Cash Management Obligations and Obligations arising (x) obligations under any Secured Hedge Agreement), Agreements and no Letter Treasury Services Agreements not yet due and payable and (y) contingent indemnification obligations not yet accrued and payable) and the expiration or termination or cash collateralization of Credit remains outstanding (except any Letter all Letters of Credit the Outstanding Amount of which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory to the applicable L/C Issuer has been put in place)Credit. Each Qualified ECP Guarantor intends that this Section 11.11 11.12 constitute, and this Section 11.11 11.12 shall be deemed to constitute, a “keepwell, support, or other agreement” for the benefit of each other Loan Party Guarantor for all purposes of Section 1a(18)(A)(v)(II) of the Commodity Exchange Act.. Section 11.13 Acknowledgement and Consent to Bail-In of EEA Financial Institutions. Notwithstanding anything to the contrary in any Loan Document, each party hereto acknowledges that any liability of any Lender that is an EEA Financial Institution arising under any Loan Document, to the extent such liability is unsecured, may be subject to the Write-Down and Conversion Powers and agrees and consents to, and acknowledges and agrees to be bound by: (a) the application of any Write-Down and Conversion Powers to any such liabilities arising hereunder which may be payable to it by any Lender that is an EEA Financial Institution; and (b) the effects of any Bail-in Action on any such liability, including, if applicable: (i) a reduction in full or in part or cancellation of any such liability; (ii) a conversion of all, or a portion of, such liability into shares or other instruments of ownership in such EEA Financial Institution, its parent undertaking, or a bridge institution that may be issued to it or otherwise conferred on it, and that such shares or other instruments of ownership will be accepted by it in lieu of any rights with respect to any such liability under this Agreement or any other Loan Document; or 210 1002217597 1001820109v3

Appears in 1 contract

Sources: Credit Agreement (Activision Blizzard, Inc.)

Keepwell. Each Qualified ECP Guarantor (as defined below) hereby jointly and severally severally, absolutely, unconditionally and irrevocably undertakes to provide such funds or and other support as may be needed from time to time by each other Loan ADVA Credit Party to honor all of its obligations under this Guaranty Agreement and the other Loan Documents in respect of Swap Obligations (provided, however, that each Qualified ECP Guarantor shall only be liable under this Section 11.11 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this Section 11.11Section, or otherwise under this GuaranteeAgreement or any other Loan Document, voidable under applicable Law relating to fraudulent conveyance or fraudulent transfer, Debtor Relief Laws and not for any greater amount). The Subject to Section 2.11, the obligations of each Qualified ECP Guarantor under this Section 11.11 shall remain in full force and effect until all the Payment in Full of the Guaranteed Obligations by the German Borrower (or by any ADVA Subsidiary Guarantor or ADVA Subsidiary Guarantors following the exercise of remedies pursuant to Section 10.2 of the Credit Agreement) and the termination of the Revolving Credit Commitments hereunder have terminated, and all Loans under the German Borrower Sublimit pursuant to Section 2.5(a) of the Credit Agreement (or other Obligations hereunder which are accrued and payable have been paid or satisfied (other than Cash Management Obligations and Obligations arising under any Secured Hedge pursuant to Section 10.2(a) of the Credit Agreement), and no Letter of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory to the applicable L/C Issuer has been put in place). Each Qualified ECP Guarantor intends that this Section 11.11 constitute, and this Section 11.11 shall be deemed to constitute, a “keepwell, support, support or other agreement” for the benefit of each other Loan ADVA Credit Party for all purposes of Section 1a(18)(A)(v)(II) of the Commodity Exchange Act. For purposes of this Section, “Qualified ECP Guarantor” means, in respect of any Swap Obligation, each ADVA Credit Party that has total assets exceeding $10,000,000 at the time the relevant guarantee or grant of the relevant security interest becomes effective with respect to such Swap Obligation or such other Person as constitutes an “eligible contract participant” under the Commodity Exchange Act or any regulations promulgated thereunder and can cause another Person to qualify as an “eligible contract participant” at such time by entering into a keepwell under Section 1a(18)(A)(v)(II) of the Commodity Exchange Act.

Appears in 1 contract

Sources: Guaranty Agreement (ADTRAN Holdings, Inc.)

Keepwell. Each Qualified ECP Guarantor hereby jointly and severally absolutely, unconditionally and irrevocably undertakes to provide such funds or other support as may be needed from time to time by each other Loan Party to honor all of its obligations under this Guaranty the Loan Documents in respect of Swap Obligations (provided, however, that each Qualified ECP Guarantor shall only be liable subject to the limitations on its Guarantee under this Section 11.11 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this Section 11.11, or otherwise under this Guarantee, voidable under applicable Law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amountAgreement). The obligations of each Qualified ECP Guarantor under this Section 11.11 shall remain in full force and effect until all Commitments hereunder have terminated, and all Loans or other Obligations hereunder which are accrued and payable have been paid or satisfied (other than Cash Management Obligations and Obligations arising its Guarantee under any Secured Hedge Agreement), and no Letter of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory to the applicable L/C Issuer has been put in place)this Agreement is released. Each Qualified ECP Guarantor intends that this Section 11.11 2.07 constitute, and this Section 11.11 2.07 shall be deemed to constitute, a “keepwell, support, or other agreement” for the benefit of each other Loan Party for all purposes of Section 1a(18)(A)(v)(II) of the Commodity Exchange Act.” (e) The proviso to clause (a) of Section 3.01 of the Collateral Agreement is hereby amended to replace the word “and” immediately before clause (C) thereof with a comma and to replace the final parenthetical thereof with the following phrase: “and (D) Equity Interests in any Subsidiary that is not a Material Subsidiary (the Equity Interests so excluded under clauses (A), (B), (C) and (D) above being collectively referred to herein as the “Excluded Equity Interests”)”. (f) ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Bank, N.A. shall be deemed to have assigned to ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Senior Funding, Inc., and ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Senior Funding, Inc. shall be deemed to have assumed, the full amount of the Commitment of ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Bank, N.A. as in effect on the Restatement Effective Date. The parties hereto acknowledge and agree that on the Restatement Effective Date, after giving effect to the Commitment Increase, the amount of the Commitment of ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Senior Funding, Inc. shall be $50,000,000, and ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Bank, N.A. shall have no Commitment and shall be released from its obligations under the Restated Credit Agreement (and shall cease to be a party thereto but shall continue to be entitled to the benefits of Sections 2.14, 2.15, 2.16 and 9.03 thereof).

Appears in 1 contract

Sources: Credit Agreement (Pandora Media, Inc.)

Keepwell. Each To the extent that it is a Qualified ECP Guarantor at the time the guaranty or the grant of the security interest under the Loan Documents, in each case, by any Specified Loan Party becomes effective with respect to any Swap Obligation, each of Holdings, Stripes Holdings and the Borrower hereby jointly and severally severally, absolutely, unconditionally and irrevocably undertakes to provide such funds or other support to each Specified Loan Party with respect to such Swap Obligation as may be needed by such Specified Loan Party from time to time by each other Loan Party to honor all of its obligations under this Guaranty its guaranty and the other Loan Documents in respect of such Swap Obligations Obligation (providedbut, howeverin each case, that each Qualified ECP Guarantor shall only be liable under this Section 11.11 for up to the maximum amount of such liability that can be hereby incurred without rendering its such Qualified ECP Guarantor’s obligations and undertakings under this Section 11.11, or otherwise under this Guarantee, 10.20 voidable under applicable Law law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations and undertakings of each Qualified ECP Guarantor under this Section 11.11 10.20 shall remain in full force and effect until the termination of the Aggregate Commitments and payment in full of all Commitments hereunder have terminated, and all Loans or other Obligations hereunder which are accrued and payable have been paid or satisfied (other than (a) contingent indemnification obligations and (b) obligations and liabilities under Secured Cash Management Obligations Agreements and Obligations arising under any Secured Hedge Agreement), and no Letter of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of Agreements as to which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably arrangements satisfactory to the applicable Cash Management Bank or Hedge Bank shall have been made) and the expiration or termination of all Letters of Credit (other than Letters of Credit as to which other arrangements satisfactory to the Administrative Agent and the L/C Issuer has shall have been put in placemade). Each Qualified ECP Guarantor intends that this Section 11.11 10.20 to constitute, and this Section 11.11 10.20 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of of, each other Specified Loan Party for all purposes of Section 1a(18)(A)(v)(II) of the Commodity Exchange Act.

Appears in 1 contract

Sources: Credit Agreement (Susser Holdings CORP)

Keepwell. Each (a) The Borrower and each Guarantor that is a Qualified ECP Guarantor Credit Party hereby jointly and severally guarantees the payment and performance of all Obligations of each Guarantor (other than such Guarantor) and absolutely, unconditionally and irrevocably undertakes to provide such funds or other support as may be needed from time to time by each other Loan Party Benefitting Guarantor in order for such Benefitting Guarantor to honor all of its obligations (without giving effect to Section 12.20(b)) under this the Guaranty in and any other Security Instrument including obligations with respect of Swap Obligations to Hedge Agreements (provided, however, that each Qualified ECP the Borrower or a Guarantor shall only be liable under this Section 11.11 12.20(a) for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this Section 11.1112.20(a), or otherwise under this GuaranteeAgreement or any Loan Document, as it relates to such Benefitting Guarantor, voidable under applicable Law law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor the Borrower and the Guarantors under this Section 11.11 12.20(a) shall remain in full force and effect until all Commitments hereunder have terminatedObligations are paid in full to the Lenders, the Administrative Agent and all Secured Swap Providers, and all Loans or other Obligations hereunder which of the Lenders’ Commitments are accrued terminated. The Borrower and payable have been paid or satisfied (other than Cash Management Obligations and Obligations arising under any Secured Hedge Agreement), and no Letter of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory to the applicable L/C Issuer has been put in place). Each Qualified ECP Guarantor intends Guarantors intend that this Section 11.11 12.20(a) constitute, and this Section 11.11 12.20(a) shall be deemed to constitute, a “keepwell, support, or other agreement” for the benefit of each other Loan Party Benefitting Guarantor for all purposes of Section 1a(18)(A)(v)(IIla(18)(A)(v)(II) of the Commodity Exchange Act. (b) Notwithstanding any other provisions of this Agreement or any other Loan Document, Obligations guaranteed by any Guarantor, or secured by the grant of any Lien by any Guarantor under any Security Instrument, shall exclude all Excluded Obligations in respect of a Hedge Agreement with respect to such Guarantor.

Appears in 1 contract

Sources: Credit Agreement (Contango Oil & Gas Co)

Keepwell. Each Credit Party that is a Qualified ECP Guarantor at the time of the Subsidiary Guaranty or the grant of a security interest under the Loan Documents, in each case, by any Specified Loan Party becomes effective with respect to any Rate Management Obligation, hereby jointly and severally severally, absolutely, unconditionally and irrevocably undertakes to provide such funds or other support to each Specified Loan Party with respect to such Rate Management Obligation as may be needed by such Specified Loan Party from time to time by each other Loan Party to honor all of its obligations under this its Subsidiary Guaranty and the other Loan Documents in respect of Swap Obligations such Rate Management Obligation (providedbut, howeverin each case, that each Qualified ECP Guarantor shall only be liable under this Section 11.11 for up to the maximum amount of such liability that can be hereby incurred without rendering its such Qualified ECP Guarantor’s obligations and undertakings under this Section 11.11, or otherwise under this Guarantee, 12.20 voidable under applicable Law law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations and undertakings of each Qualified ECP Guarantor under this Section 11.11 12.20 shall remain in full force and effect until all Commitments hereunder have terminated, and all Loans or other the Obligations hereunder which are accrued and payable have been indefeasibly paid or satisfied (other than Cash Management Obligations and Obligations arising under any Secured Hedge Agreement), and no Letter of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory to the applicable L/C Issuer has been put performed in place)full. Each Qualified ECP Guarantor intends that this Section 11.11 12.20 to constitute, and this Section 11.11 12.20 shall be deemed to constitute, a “keepwell, support, or other agreement” for the benefit of of, each other Specified Loan Party for all purposes of Section 1a(18)(A)(v)(II) of the Commodity Exchange Act.” 20. Modification of Section 14.6.5 (Conditions to Effectiveness of Increase Request) of the Existing Credit Agreement. Section 14.6.5 (Conditions to Effectiveness of Increase Request) of the Existing Credit Agreement is hereby amended by (i) deleting the "." at the end of subsection (g) thereof, (ii) inserting a “; and” thereafter and (iii) adding the following as a new subsection (h) thereof:

Appears in 1 contract

Sources: Senior Credit Agreement (Unit Corp)

Keepwell. Each Qualified ECP Guarantor hereby jointly and severally absolutely, unconditionally and irrevocably undertakes to provide such funds or other support as may be needed from time to time by each other Loan Party Guarantor to honor all of its obligations under this Guaranty in respect of Swap Obligations (provided, however, that each Qualified ECP Guarantor shall only be liable under this Section 11.11 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this Section 11.11Section, or otherwise under this GuaranteeGuaranty, voidable under applicable Law law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor under this Section 11.11 shall remain in full force and effect until all Commitments hereunder have terminated, and all Loans or other Obligations hereunder which are accrued and payable have been paid or satisfied (other than Cash Management Obligations and Obligations arising under any Secured Hedge Agreement), and no Letter of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory to the applicable L/C Issuer has been put discharged in place)accordance with Section 13.3. Each Qualified ECP Guarantor intends that this Section 11.11 constitute, and this Section 11.11 shall be deemed to constitute, a “keepwell, support, or other agreement” for the benefit of each other Loan Party Guarantor for all purposes of Section 1a(18)(A)(v)(II) of the Commodity Exchange Act.. ​ This Credit Agreement is entered into between us for the uses and purposes hereinabove set forth as of the date first above written. ​ ​ ​ ​ ​ ​ “BORROWER” ​ ​ ​ Alpine Income Property OP, LP, a Delaware limited partnership ​ ​ ​ ​ ​ ​ By: Alpine Income Property GP, LLC, a Delaware limited liability company, its General Partner ​ ​ ​ ​ ​ ​ ​ By: Alpine Income Property Trust, Inc., a Maryland corporation, its sole member ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ By ​ ​ ​ Name: ▇▇▇▇▇▇▇ ▇. PartridgePhilip ▇▇▇▇ ​ ​ ​ Title: Senior Vice President, Chief Financial Officer and Treasurer ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ “GUARANTORS” ​ Alpine Income Property Trust, Inc., ​ a Maryland corporation ​ ​ ​ ​ ​ By: ​ Name: ▇▇▇▇▇▇▇ ▇. PartridgePhilip ▇▇▇▇ ​ Title: Senior Vice President, Chief Financial Officer and Treasurer ​ ​ ​ ​ ​ ​ ​ “Material Subsidiaries” ​ ​ ​ ​ Indigo ▇▇▇▇▇ LLC ​ ​ ​ ​ By: Alpine Income Property OP, LP, a Delaware limited partnership, its member ​ ​ ​ ​ ​ By: Alpine Income Property GP, LLC, a Delaware limited liability company, its General Partner, ​ ​ ​ ​ ​ ​ ​ By: Alpine Income Property Trust, Inc., a Maryland corporation, its sole member ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ By: ​ ​ ​ ​ Name: ▇▇▇▇▇▇▇ ▇. PartridgePhilip ▇▇▇▇ ​ ​ ​ ​ Title: Senior Vice President, Chief Financial Officer, and Treasurer ​ ​ ​ ​ ​ ​ ​ ​ CTO19 ▇▇▇▇ WI LLC, ​ CTO17 BRANDON FL LLC, ​ CTO19 ALBANY GA LLC, ​ PINE20 ▇▇▇▇▇▇▇▇ LLC, ​ PINE20 HURST TX LLC, ​ PINE20 TULSA LLC, ​ PINE20 HIGHLAND KY LLC, ​ PINE20 TYN LLC, ​ PINE20 ARDEN NC LLC, ​ PINE20 ▇▇▇▇▇▇ LLC, ​ PINE20 ▇▇▇▇▇▇▇ LLC, ​ PINE20 CHAZY LLC, ​ PINE20 ▇▇▇▇▇▇▇ LLC, ​ PINE20 HARRISVILLE LLC, ​ PINE20 HEUVELTON LLC, ​ PINE20 ▇▇▇▇▇▇ MI LLC, ​ PINE20 LIMESTONE LLC, ​ PINE20 MILFORD LLC, ​ PINE20 NEWTONSVILLE LLC, ​ PINE20 ODESSA LLC ​ ​ ​ By: Alpine Income Property OP, LP, a Delaware limited partnership, its Manager ​ ​ ​ ​ ​ By: Alpine Income Property GP, LLC, a Delaware limited liability company, its General Partner, ​ ​ ​ ​ ​ ​ ​ By: Alpine Income Property Trust, Inc., a Maryland corporation, its sole member ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ By: ​ ​ ​ ​ Name: ▇▇▇▇▇▇▇ ▇. PartridgePhilip ▇▇▇▇ ​ ​ ​ ​ Title: Senior Vice President, Chief Financial Officer, and Treasurer ​ ​ ​ ​ ​ ​ ​ ​ CTO16 RENO LLC, ​ CTLC18 LYNN MA LLC, ​ CTO19 BIRMINGHAM LLC, ​ PINE19 ALPHARETTA GA LLC, ​ PINE20 SALEM LLC, ​ PINE20 SEVERN LLC, ​ PINE20 SOMERVILLE LLC, ​ PINE20 ▇▇▇▇▇▇ LLC, ​ PINE20 WINTHROP LLC, ​ PINE20 ▇▇▇▇▇▇ LLC, ​ PINE20 TACOMA LLC, ​ PINE20 CUT & SHOOT LLC, ​ PINE20 DEL RIO LLC, ​ PINE20 SEGUIN LLC, ​ PINE21 ACQUISITIONS II LLC, ​ PINE21 ACQUISITIONS III LLC, ​ PINE21 ACQUISITIONS IV LLC, ​ PINE21 ACQUISITIONS V LLC, ​ PINE21 ACQUISITIONS VI LLC, ​ PINE21 ACQUISITIONS VIII LLC, ​ PINE21 ACQUISITIONS X LLC, ​ PINE MEX OH, LLC ​ PINE MEX OH 2, LLC ​ By: Alpine Income Property OP, LP, a Delaware limited partnership, its Manager ​ ​ ​ ​ ​ By: Alpine Income Property GP, LLC, a Delaware limited liability company, its General Partner, ​ ​ ​ ​ ​ ​ ​ By: Alpine Income Property Trust, Inc., a Maryland corporation, its sole member ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ By: ​ ​ ​ ​ Name: ▇▇▇▇▇▇▇ ▇. PartridgePhilip ▇▇▇▇ ​ ​ ​ ​ Title: Senior Vice President, Chief Financial Officer, and Treasurer ​ ​ ​ ​ ​ ​ ​ ​ ​ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇, LLC, ​ PINE21 ACQUISITIONS VII LLC, ​ PINE21 HOUSTON EAST LLC, ​ PINE21 HOUSTON WEST LLC, ​ PINE21 SPORTS LLC, ​ PINE22 CAESAR LLC, ​ PINE22 MAPLE LLC, ​ PINE22 WASH MO LLC ​ ​ ​ By: Alpine Income Property OP, LP, a Delaware limited partnership, its Manager ​ ​ ​ ​ ​ By: Alpine Income Property GP, LLC, a Delaware limited liability company, its General Partner, ​ ​ ​ ​ ​ ​ ​ By: Alpine Income Property Trust, Inc., a Maryland corporation, its sole member ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ By: ​ ​ ​ ​ Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇ ​ ​ ​ ​ Name: ▇▇▇▇▇▇ ▇▇▇▇ ​ ​ ​ ​ Title: Senior Vice President, Chief Financial Officer, and Treasurer ​ ​ ​ ​

Appears in 1 contract

Sources: Credit Agreement (Alpine Income Property Trust, Inc.)

Keepwell. Each Loan Party that is a Qualified ECP Guarantor at the time the Subsidiary Guaranty, or the grant of the security interest under any Loan Document, by such Loan Party, becomes effective with respect to any Secured Hedge Agreement, hereby jointly and severally severally, absolutely, unconditionally and irrevocably undertakes to provide such funds or other support as may be needed from time to time by each other Loan Party from time to time to honor all of its obligations under this its Subsidiary Guaranty and the other Loan Documents in respect of Swap Obligations such Secured Hedge Agreement (providedbut, howeverin each case, that each Qualified ECP Guarantor shall only be liable under this Section 11.11 for up to the maximum amount of such liability that can be hereby incurred without rendering its such Qualified ECP Guarantor’s obligations and undertakings under this Section 11.11, or otherwise under this Guarantee, voidable under applicable Law law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations and undertakings of each Qualified ECP Guarantor under this Section 11.11 shall remain in full force and effect until all Commitments hereunder have terminated, and all Loans or other the Obligations hereunder which are accrued and payable have been indefeasibly paid or satisfied (other than Cash Management Obligations and Obligations arising under any Secured Hedge Agreement), and no Letter of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory to the applicable L/C Issuer has been put performed in place)full. Each Qualified ECP Guarantor intends that this Section 11.11 to constitute, and this Section 11.11 shall be deemed to constitute, a Guaranty of the obligations of, and a “keepwell, support, or other agreement” for the benefit of of, each other Loan Secured Party for all purposes of Section 1a(18)(A)(v)(II) of the Commodity Exchange Act. (l) Section 7.03 of the Credit Agreement is hereby amended by (i) deleting the phrase “referred to in clauses (c) or (d)” where it appears in clause (g) thereof in its entirety and inserting the phrase “referred to in clauses (c), (d) or (m)” in lieu thereof, (ii) deleting the word “and” at the end of clause (k) thereof, (iii) inserting the word “and” directly at the end of clause (l) thereof and (iv) inserting a new clause (m) immediately following clause (l) thereof reading in its entirety as follows: (m) the Senior Notes.

Appears in 1 contract

Sources: Credit Agreement (Parker Drilling Co /De/)

Keepwell. Each Loan Party, if it is a Qualified ECP Guarantor hereby Loan Party, then jointly and severally absolutelyseverally, together with each other Qualified ECP Loan Party, hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Swap Obligations owing by each Non-Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of its such Non-Qualifying Party’s obligations under this Guaranty Agreement or any other Loan Document in respect of Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 11.11 12.25 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this Section 11.1112.25, or otherwise under this GuaranteeAgreement or any other Loan Document, voidable under applicable Law law, including applicable law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 11.11 12.25 shall remain in full force and effect until all Commitments hereunder have terminated, and all Loans or other Obligations hereunder which are accrued and payable have been paid or satisfied (other than Cash Management payment in full of the Obligations and Obligations arising under any Secured Hedge Agreement), termination of this Agreement and no Letter of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory to the applicable L/C Issuer has been put in place)other Loan Documents. Each Qualified ECP Guarantor Loan Party intends that this Section 11.11 12.25 constitute, and this Section 11.11 12.25 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of each other Loan Party Borrower and Guarantor for all purposes of Section 1a(18)(A)(v)(II1a(18(A)(v)(II) of the Commodity Exchange ActCEA. IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed by their respective officers thereunto duly authorized, as of the date first above written. BORROWERS: FUNKO ACQUISITION HOLDINGS, L.L.C. By: Name: Title: FUNKO HOLDINGS LLC By: Name: Title: FUNKO, LLC By: Name: Title: COLLATERAL AGENT: CERBERUS BUSINESS FINANCE, LLC By: Name: Title: ADMINISTRATIVE AGENT AND LENDER: PNC BANK, NATIONAL ASSOCIATION By: Name: Title: LENDERS: CERBERUS NJ CREDIT OPPORTUNITIES FUND, L.P. By: Cerberus NJ Credit Opportunities GP, LLC, its General Partner By: Name: Title: CERBERUS ASRS HOLDINGS LLC By: Name: Title: CERBERUS ICQ LEVERED LOAN OPPORTUNITIES FUND, L.P. By: Cerberus ICQ Levered Opportunities GP, LLC, its General Partner By: Name: Title: CERBERUS KRS LEVERED LOAN OPPORTUNITIES FUND, L.P. By: Cerberus KRS Levered Opportunities GP, LLC, its General Partner By: Name: Title: CERBERUS PSERS LEVERED LOAN OPPORTUNITIES FUND, L.P. By: Cerberus PSERS Levered Opportunities GP, LLC, its General Partner By: Name: Title LENDERS AND LENDERS’ COMMITMENTS1 Lender Revolving Loan Commitment Term Loan A Amount Outstanding as of the Amendment No. 67 Effective Date Term Loan B Amount Outstanding as of the Amendment No. 67 Effective Date Total PNC Bank, National Association $ 100,000,000.00 — — $ 100,000,000.00 Cerberus ASRS Funding LLC — $ 50,986,885.7549,180,307.82 $ 5,133,452.76 — $ 56,120,338.5149,180,307.82 Cerberus AUS Levered Holdings LP — $ 579,499.684 61,443.56 $ 584,540.90 — $ 1,164,040.58461,443.56 Cerberus AUS Levered II LP — $ 7,421,827.097,758,321.63 — $ 7,421,827.097,758,321.63 Cerberus FSBAICQ Levered LLC — $ 3,352,322.948,959,447.46 $ 3,090,176.33 — $ 6,442,499.278,959,447.46 Cerberus ICQ Offshore Levered LLCLP — $ 9,051,630.921,363,711.84 $ 2,387,979.67 — $ 11,439,610.591,363,711.84 Cerberus ICQ Levered Loan Opportunities Fund,Funding XV L.P. — -$ 11,735,815.85 $ 1,363,430.14 — $ 1,363,430.1411,735,815.85 Cerberus ICQ Offshore Levered ▇.▇.▇▇▇▇ Funding XVI LP — $ 1,085,158.139,994,601.56 $ 772,684.05 — $ 1,857,842.189,994,601.56 Cerberus KRS Levered LLCLoan Funding XVII, Ltd. — $ 5,870,862.737,077,816.94 $ 549,131.60 — $ 6,419,994.337,077,816.94 Cerberus Loan Funding XVXVIII L.P. — $ 11,856,565.276,126,610.62 — $ 11,856,565.276,126,610.62 Cerberus Loan Funding XVI LPXIX L.P. — $ 10,097,435.686,714,461.04 — $ 10,097,435.686,714,461.04 Cerberus Loan Funding XVII, LtdXX L.P. — $ 7,150,640.365,683,912.85 $ 2,282,216.97 — $ 9,432,857.335,683,912.85

Appears in 1 contract

Sources: Financing Agreement (Funko, Inc.)

Keepwell. Each Qualified ECP Guarantor (as defined below) hereby jointly and severally severally, absolutely, unconditionally and irrevocably undertakes to provide such funds or and other support as may be needed from time to time by each other Loan Credit Party to honor all of its obligations under this Guaranty and the other Loan Documents in respect of Swap Obligations (provided, however, that each Qualified ECP Guarantor shall only be liable under this Section 11.11 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this Section 11.11Section, or otherwise under this GuaranteeGuaranty or any other Loan Document, voidable under applicable Law relating to fraudulent conveyance or fraudulent transfer, Applicable Insolvency Laws and not for any greater amount). The Subject to Section 2.10, the obligations of each Qualified ECP Guarantor under this Section 11.11 shall remain in full force and effect until all Commitments hereunder have terminated, of the Guaranteed Obligations and all Loans or other Obligations hereunder which are accrued and payable the obligations of the Guarantors shall have been paid or satisfied (other than Cash Management Obligations in full in cash and Obligations arising under any Secured Hedge Agreement), and no Letter of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory to the applicable L/C Issuer has been put in place)Commitments terminated. Each Qualified ECP Guarantor intends that this Section 11.11 constitute, and this Section 11.11 shall be deemed to constitute, a “keepwell, support, support or other agreement” for the benefit of each other Loan Credit Party for all purposes of Section 1a(18)(A)(v)(II) of the Commodity Exchange Act. For purposes of this Section, “Qualified ECP Guarantor” means, in respect of any Swap Obligation, each Credit Party that has total assets exceeding $10,000,000 at the time the relevant guarantee or grant of the relevant security interest becomes effective with respect to such Swap Obligation or such other Person as constitutes an “eligible contract participant” under the Commodity Exchange Act or any regulations promulgated thereunder and can cause another Person to qualify as an “eligible contract participant” at such time by entering into a keepwell under Section 1a(18)(A)(v)(II) of the Commodity Exchange Act.

Appears in 1 contract

Sources: Credit Agreement (Pool Corp)

Keepwell. Each Qualified ECP Guarantor hereby jointly and severally absolutely, unconditionally and irrevocably undertakes to provide such funds or other support as may be needed from time to time by each other Loan Party to honor all of its obligations under this Guaranty in respect of Swap Obligations (provided, however, that each Qualified ECP Guarantor shall only be liable under this Section 11.11 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this Section 11.11, or otherwise under this Guarantee, voidable under applicable Law law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor under this Section 11.11 shall remain in full force and effect until all Commitments hereunder have terminated, and all Loans or other Obligations hereunder which are accrued and payable have been paid or satisfied (other than Cash Management Obligations and Obligations arising under any Secured Hedge Agreement), and no Letter of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory to the applicable L/C -156 Issuer has been put in place). Each Qualified ECP Guarantor intends that this Section 11.11 constitute, and this Section 11.11 shall be deemed to constitute, a “keepwell, support, or other agreement” for the benefit of each other Loan Party for all purposes of Section 1a(18)(A)(v)(II) of the Commodity Exchange Act.. [Signature Pages Follow]

Appears in 1 contract

Sources: Credit Agreement (Blucora, Inc.)

Keepwell. Each Guarantor that is a Qualified ECP Guarantor hereby hereby, jointly and severally severally, absolutely, unconditionally and irrevocably undertakes to provide such funds or other support to each Specified Loan Party with respect to any Swap Obligations as may be needed by such Specified Loan Party from time to time by each other Loan Party to honor all of its obligations under this Guaranty, any other Guaranty (as defined in the Credit Agreement) to which it is a party and the other Loan Documents in respect of such Swap Obligations (providedbut, howeverin each case, that each Qualified ECP Guarantor shall only be liable under this Section 11.11 for up to the maximum amount of such liability that can be hereby incurred without rendering its such Qualified ECP Guarantor’s obligations and undertakings under this Section 11.11, Guaranty or otherwise under this Guarantee, any other Guaranty (as defined in the Credit Agreement) to which it is a party voidable under applicable Law law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations and undertakings of each Qualified ECP Guarantor under this Section 11.11 shall remain in full force and effect until all Commitments hereunder have terminated, and all Loans or other the Guaranteed Obligations hereunder which are accrued and payable have been indefeasibly paid or satisfied and performed in full (other than Cash Management Obligations and Obligations arising under any Secured Hedge Agreement), and contingent indemnification or expense reimbursement obligations for which no Letter of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of which the Obligations related thereto claim has been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory to the applicable L/C Issuer has been put in placemade). Each Qualified ECP Guarantor intends that this Section 11.11 to constitute, and this Section 11.11 shall be deemed to constitute, a “keepwell, support, or other agreement” for the benefit of each other Specified Loan Party for all purposes of Section 1a(18)(A)(v)(II) of the Commodity Exchange Act.” (e) This Reaffirmation is a Loan Document and shall (unless otherwise expressly indicated herein) be construed, administered and applied in accordance with all of the terms and provisions of the Credit Agreement. (f) This Reaffirmation shall be binding upon and inure to the benefit of the parties hereto and to their respective successors and permitted assigns. (g) This Reaffirmation may be executed by the parties hereto in several counterparts, each of which shall be an original and all of which shall constitute together but one and the same agreement. (h) This Reaffirmation represents the agreement of the Loan Parties, the Administrative Agent and each of the Lenders (through the Lenders’ execution of the Credit Agreement and approval of the form of this Reaffirmation attached thereto) with respect to the subject matter hereof, and there are no promises, undertakings, representations or warranties relative to the subject matter hereof not expressly set forth or referred to herein or in the other Loan Documents. (i) This Reaffirmation shall be governed by, and construed in accordance with, the laws of the State of New York. (j) The terms of Sections 10.14 (Governing Law; Jurisdiction; Etc.) and 10.15 (Waiver of Jury Trial) of the Credit Agreement are incorporated herein as though set forth in full.

Appears in 1 contract

Sources: Credit Agreement (Kofax LTD)

Keepwell. Each Qualified ECP Eligible Contract Participant Guarantor (as defined below) at the time the guarantee under this Guaranty by any Specified Guarantor (as defined below), or the grant by such Guarantor of a security interest to secure such guarantee, becomes effective with respect to any Swap Obligation, hereby jointly and severally severally, absolutely, unconditionally and irrevocably undertakes to provide such funds or other support to each Specified Guarantor with respect to such Swap Obligation as may be needed by such Specified Guarantor from time to time by each other Loan Party to honor all of its obligations under this Guaranty and the other Loan Documents in respect of such Swap Obligations Obligation (providedbut, howeverin each case, that each Qualified ECP Guarantor shall only be liable under this Section 11.11 for up to the maximum amount of such liability that can be hereby incurred without rendering its such Qualified Eligible Contract Participant Guarantor’s obligations and undertakings under this Section 11.11, or otherwise under this Guarantee, Guaranty voidable under applicable Law law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations and undertakings of each Qualified ECP Eligible Contract Participant Guarantor under this Section 11.11 17 shall remain in full force and effect until all Commitments hereunder have terminated, and all Loans or other Obligations hereunder which are accrued and payable have been paid or satisfied (other than Cash Management Obligations and Obligations arising under any Secured Hedge Agreement), and no Letter of Credit for so long as the Guaranty by such Qualified Eligible Contract Participant Guarantor remains outstanding (except any Letter of Credit the Outstanding Amount of which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory in effect pursuant to the applicable L/C Issuer has been put in place)Section 14. Each Qualified ECP Eligible Contract Participant Guarantor intends that this Section 11.11 17 to constitute, and this Section 11.11 17 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of of, each other Loan Party Specified Guarantor for all purposes of the Commodity Exchange Act. For purposes hereof (i) “Qualified Eligible Contract Participant Guarantor” shall mean, at any time, in respect of any Swap Obligation, each Loan Party that has total assets exceeding $10,000,000 at the time the relevant Guarantee or grant of the relevant security interest becomes effective with respect to such Swap Obligation or such other person as constitutes an “eligible contract participant” under the Commodity Exchange Act or any regulations promulgated thereunder and can cause another person to qualify as an “eligible contract participant” at such time by entering into a keepwell under Section 1a(18)(A)(v)(II) of the Commodity Exchange ActAct and (ii) “Specified Guarantor” shall mean any Guarantor that is not an “eligible contract participant” under the Commodity Exchange Act (determined prior to giving effect to this Section 17).

Appears in 1 contract

Sources: Credit Agreement (MSCI Inc.)

Keepwell. Each Qualified ECP Guarantor The Borrower at the time the Guaranty or the grant of the security interest under the Loan Documents, in each case, by any Specified Loan Party, becomes effective with respect to any Swap Obligation, hereby jointly and severally severally, absolutely, unconditionally and irrevocably undertakes to provide such funds or other support to each Specified Loan Party with respect to such Swap Obligation as may be needed by such Specified Loan Party from time to time by each other Loan Party to honor all of its obligations under this its Guaranty and the other Loan Documents in respect of such Swap Obligations Obligation (providedbut, howeverin each case, that each Qualified ECP Guarantor shall only be liable under this Section 11.11 for up to the maximum amount of such liability that can be hereby incurred without rendering its the Borrower's obligations and undertakings under this Section 11.11, or otherwise under this Guarantee, 10.20 voidable under applicable Law law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations and undertakings of each Qualified ECP Guarantor the Borrower under this Section 11.11 shall remain in full force and effect until all Commitments hereunder have terminated, and all Loans or other the Obligations hereunder which are accrued and payable have been indefeasibly paid or satisfied (other than Cash Management Obligations and Obligations arising under any Secured Hedge Agreement), and no Letter of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory to the applicable L/C Issuer has been put performed in place)full. Each Qualified ECP Guarantor The Borrower intends that this Section 11.11 to constitute, and this Section 11.11 shall be deemed to constitute, a guarantee of the obligations of, and a "keepwell, support, or other agreement" for the benefit of of, each other Specified Loan Party for all purposes of Section 1a(18)(A)(v)(II) of the Commodity Exchange Act. For the avoidance of doubt, the provisions of this Section 10.20 are not intended to, and shall not, confer any rights, claims, actions or remedies upon any Person other than the Secured Parties. [Remainder of page intentionally left blank; signature pages follow.] 56809737_4 Financial Statement Date: , 20__ To: Bank of America, N.A., as Administrative Agent Ladies and Gentlemen: Reference is made to that certain Credit Agreement, dated as of February 13, 2012 (as amended, restated, extended, supplemented or otherwise modified in writing from time to time, the "Agreement;" the terms defined therein being used herein as therein defined), among Cabot Microelectronics Corporation, a Delaware corporation (the "Borrower"), the Lenders from time to time party thereto, and Bank of America, N.A., as Administrative Agent, Swing Line Lender and an L/C Issuer. The undersigned Responsible Officer hereby certifies as of the date hereof that he/she is the of the Borrower, and that, as such, he/she is authorized to execute and deliver this Compliance Certificate to the Administrative Agent on the behalf of the Borrower, and that: [Use following paragraph 1 for fiscal year-end financial statements] 1. The Borrower has delivered the year-end audited financial statements required by Section 6.01(a) of the Agreement for the fiscal year of the Borrower ended as of the above date, together with the report and opinion of an independent certified public accountant required by such Section. [Use following paragraph 1 for fiscal quarter-end financial statements] 1. The Borrower has delivered the unaudited financial statements required by Section 6.01(b) of the Agreement for the fiscal quarter of the Borrower ended as of the above date. Such financial statements fairly present in all material respects the financial condition, results of operations and cash flows of the Borrower and its Subsidiaries in accordance with GAAP, subject only to normal year-end audit adjustments and the absence of footnotes. 2. The undersigned has reviewed and is familiar with the terms of the Agreement and has made, or has caused to be made under his/her supervision, a detailed review of the transactions and condition (financial or otherwise) of the Borrower during the accounting period covered by such financial statements. 3. A review of the activities of the Borrower during such fiscal period has been made under the supervision of the undersigned with a view to determining whether during such fiscal period, a Default has occurred and is continuing, and 4. The financial covenant analyses and information set forth on Schedule 1 attached hereto are true and accurate on and as of the date of this Compliance Certificate.

Appears in 1 contract

Sources: Credit Agreement (Cabot Microelectronics Corp)

Keepwell. Each Qualified ECP Guarantor The Borrower hereby jointly and severally absolutely, unconditionally and irrevocably undertakes to provide such funds or other support as may be needed from time to time by each other Loan Credit Party to honor all of its obligations under this any Guaranty or any Lender Party Swap Agreement in respect of Swap Obligations (provided, however, provided that each Qualified ECP Guarantor the Borrower shall only be liable under this Section 11.11 5.23 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this Section 11.11, 5.23 or otherwise under this Guarantee, the Loan Documents voidable under applicable Law law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor the Borrower under this Section 11.11 5.23 shall remain in full force and effect until all the Obligations have been repaid in full and the Commitments hereunder and this Agreement have terminated, and all Loans or other Obligations hereunder which are accrued and payable have been paid or satisfied (other than Cash Management Obligations and Obligations arising under any Secured Hedge Agreement), and no Letter of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory to the applicable L/C Issuer has been put in place). Each Qualified ECP Guarantor The Borrower intends that this Section 11.11 5.23 constitute, and this Section 11.11 5.23 shall be deemed to constitute, a “keepwell, support, or other agreement” for the benefit of each other Loan Credit Party for all purposes of Section section 1a(18)(A)(v)(II) of the Commodity Exchange Act. (i) Section 7.02 is amended by adding the following new sentence immediately after clause (g) thereof: Notwithstanding the foregoing, amounts received from the Borrower or any other Credit Party that is not an “eligible contract participant” under the Commodity Exchange Act or any regulations promulgated thereunder shall not be applied to any Excluded Swap Obligations (it being understood, that in the event that any amount is applied to Secured Obligations other than Excluded Swap Obligations as a result of this paragraph, the Administrative Agent shall make such adjustments as it determines are appropriate to distributions pursuant to clause (c) above from amounts received from “eligible contract participants” under the Commodity Exchange Act or any regulations promulgated thereunder to ensure, as nearly as possible, that the proportional aggregate recoveries with respect to Secured Obligations described in clause (c) above by the holders of any Excluded Swap Obligations are the same as the proportional aggregate recoveries with respect to other Secured Obligations pursuant to clause (c) above). (j) Schedule 2.01 (Commitment Amounts) of the Credit Agreement is amended in its entirety by substituting Schedule 2.01 hereto therefor.

Appears in 1 contract

Sources: Credit Agreement (Penn Virginia Corp)

Keepwell. Each Loan Party that is a Qualified ECP Guarantor at the time the Guaranty by any Specified Loan Party, becomes effective with respect to any Swap Obligation, hereby jointly and severally severally, absolutely, unconditionally and irrevocably undertakes to provide such funds or other support to each Specified Loan Party with respect to such Swap Obligation as may be needed by such Specified Loan Party from time to time by each other Loan Party to honor all of its obligations under this its Guaranty in respect of such Swap Obligations Obligation (providedbut, howeverin each case, that each Qualified ECP Guarantor shall only be liable under this Section 11.11 for up to the maximum amount of such liability that can be hereby incurred without rendering its such Qualified ECP Guarantor’s obligations and undertakings under this Section 11.11, or otherwise under this Guarantee, 10.20 voidable under applicable Law law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations and undertakings of each Qualified ECP Guarantor under this Section 11.11 10.20 shall remain in full force and effect until all Commitments hereunder have terminated, and all Loans or other the Obligations hereunder which are accrued and payable have been indefeasibly paid or satisfied (other than Cash Management Obligations and Obligations arising under any Secured Hedge Agreement), and no Letter of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory to the applicable L/C Issuer has been put performed in place)full. Each Qualified ECP Guarantor intends that this Section 11.11 10.20 to constitute, and this Section 11.11 10.20 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of of, each other Specified Loan Party for all purposes of Section 1a(18)(A)(v)(II) of the Commodity Exchange Act. (xxxv) Exhibits “H-1”, “H-2”, “H-3”, “H-4”, and “I” attached hereto are hereby added as Exhibits “H-1”, “H-2”, “H-3”, “H-4”, and “I” to the Credit Agreement. 2. There is, as of October 15, 2014, due and owing on the Facility the principal amount of $2,125,566.89, consisting of (i) Committed Loans in the aggregate principal amount of $0.00, and (ii) issued and outstanding Letters of Credit in the aggregate stated amount of $2,125,566.89, in the case of each of the foregoing together with unpaid accrued interest, fees, costs and expenses due and owing to the Lenders under the Credit Agreement, all without offset, defense or counterclaim, all of which are hereby expressly waived by the Co-Borrowers and the Guarantors as of the date hereof. As of October 15, 2014, there were no amounts due and owing to the Lenders in connection with any unreimbursed draws on any Letter of Credit. 3. The Co-Borrowers and the Guarantors hereby represent and warrant to the Lenders and the Agent that all representations and warranties of the Co-Borrowers and the Guarantors contained in the Credit Agreement and all of the other Loan Documents continue to be true, accurate and correct as of the date hereof, as if made on and as of the date hereof, except to the extent that such representations and warranties specifically refer to an earlier date, in which case they are true and correct as of such earlier date, and except that the representations and warranties contained in subsections (a), (b), and (c) of Section 5.05 of the Credit Agreement shall be deemed to refer to the most recent statements furnished pursuant to clauses (a) and (b), respectively, of Section 6.01 of the Credit Agreement. All of the indebtedness represented by the Loan Documents and all other obligations, responsibilities, and liabilities of the Co-Borrowers and the Guarantors to the Lenders and the Agent are due without any offset, defenses, or counterclaims whatsoever. The Co-Borrowers and the Guarantors hereby covenant and agree that, except as expressly amended and/or modified by this letter agreement, all of the terms, conditions, and provisions of the Credit Agreement and the other Loan Documents (including, without limitation, the Guaranty) shall remain unchanged and in full force and effect. 4. The Co-Borrowers and the Guarantors do hereby: (i) represent and warrant that, after giving effect to the terms, conditions, and provisions of this letter agreement, no Default or Event of Default exists; (ii) except as otherwise set forth herein, acknowledge and agree that nothing contained herein and no actions taken pursuant to the terms hereof are intended to constitute a novation of the Facility, or any waiver of the terms, conditions, or provisions of the Credit Agreement and/or any of the other Loan Documents and do not constitute a release, termination or waiver of any of the rights and/or remedies granted to the Lenders and/or the Agent under the Loan Documents; (iii) represent and warrant that none of the certificate or articles of incorporation, by-laws, or other governing documents of either of the Co-Borrowers or the Guarantors have been amended, modified and/or supplemented in any material way since the date such documents were most recently delivered to the Lenders; and (iv) represent and warrant that the Co-Borrowers and the Guarantors have taken all necessary action required by law and by its governing documents to execute and deliver this letter agreement and that such execution and delivery constitutes the legal and validly binding action of such entity. 5. On and after the date of this letter agreement, this letter agreement shall for all purposes constitute a “Loan Document”. 6. This letter agreement may be executed in any number of counterparts, all of which, when taken together, shall be deemed one and the same instrument. This letter agreement may be delivered by the exchange of signed signature pages by facsimile transmission or by e-mail, and any printed or copied version of any signature page so delivered will have the same force and effect as an original signed signature page. 7. This letter agreement shall be governed by, and construed in accordance with, the laws of the State of New York. 8. This letter agreement may not be amended or modified unless said amendment or modification is in writing and signed by all parties hereto. Kindly indicate the agreement with the terms and conditions of this letter agreement by countersigning in the space provided below, and returning a countersigned copy of this letter agreement to the undersigned. Very truly yours, BANK OF AMERICA, N.A., as the Agent By: /s/ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ Title: Assistant Vice President ACCEPTED AND AGREED AS OF THE 21st DAY OF OCTOBER, 2014: CO-BORROWERS: VERISK ANALYTICS, INC., as a Co-Borrower By: /s/ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Executive Vice President, Chief Financial Officer and Group Executive INSURANCE SERVICES OFFICE, INC., as a Co-Borrower By: /s/ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Executive Vice President, Chief Financial Officer and Group Executive GUARANTORS: XACTWARE SOLUTIONS, INC., a Delaware corporation ISO SERVICES, INC., a Delaware corporation ISO CLAIMS SERVICES, INC., a Delaware corporation AIR WORLDWIDE CORPORATION, a Delaware corporation VERISK HEALTH, INC., formerly known as “Bloodhound Technologies, Inc.”, a Delaware corporation By: /s/ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Executive Vice President of Xactware Solutions, Inc. and Verisk Health, Inc. Vice President of ISO Services, Inc., ISO Claims Services, Inc., and AIR Worldwide Corporation BANK OF AMERICA, N.A., as a Lender, L/C Issuer and Swing Line Lender By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Senior Vice President JPMORGAN CHASE BANK, N.A., as a Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ Title: Vice President ▇▇▇▇▇ FARGO BANK, N.A., as a Lender By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇ Title: Vice President SUNTRUST BANK, as a Lender By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Director CITIZENS BANK, N.A., formerly known as RBS Citizens, N.A., as a Lender By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇ Title: Vice President ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ BANK, N.A., as a Lender By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇ Title: Authorized Signatory TD BANK, N.A., as a Lender By: /s/ ▇▇▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇ Title: SVP ROYAL BANK OF CANADA, as a Lender By: /s/ ▇▇▇▇▇▇ ▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇ Title: Authorized Signatory THE NORTHERN TRUST COMPANY, as a Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: Senior Vice President HSBC BANK USA, N.A., as a Lender By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Senior Relationship Manager CAPITAL ONE, NATIONAL ASSOCIATION, as a Lender By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇ Title: Senior Vice President Via Overnight Courier Verisk Analytics, Inc. Insurance Services Office, Inc. ▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇ Attention: ▇▇. ▇▇▇▇ ▇. Anquillare Executive Vice President, Chief Financial Officer and Group Executive Via Overnight Courier Verisk Analytics, Inc. Insurance Services Office, Inc. ▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇ Attention: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇, Esq. Executive Vice President and General Counsel Via Overnight Courier Xactware Solutions, Inc. ▇▇▇▇ ▇▇▇▇ ▇▇▇ ▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇ Via Overnight Courier ISO Services, Inc. ▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇-▇▇▇▇ Via Overnight Courier ISO Claims Services, Inc. ▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇ Columbia, South Carolina 29210 Via Overnight Courier Verisk Health, Inc. ▇▇▇ ▇▇▇▇▇ ▇▇▇▇, 4th Floor Waltham, Massachusetts 02453 Via Overnight Courier AIR Worldwide Corporation ▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇-▇▇▇▇ Via Electronic Communication Bank of America, N.A. (in its capacity as a Lender, the L/C Issuer, and the Swing Line Lender) JPMorgan Chase Bank, ▇.▇. ▇▇▇▇▇ Fargo Bank, N.A. SunTrust Bank RBS Citizens, ▇.▇. ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Bank, N.A. TD Bank, N.A. Royal Bank of Canada The Northern Trust Company HSBC Bank USA, N.A. Bank of America, N.A. $ 195,000,000.00 19.696969697% JPMorgan Chase Bank, N.A. $ 165,000,000.00 16.666666667% ▇▇▇▇▇ Fargo Bank, N.A. $ 150,000,000.00 15.151515152% SunTrust Bank $ 125,000,000.00 12.626262626% RBS Citizens, N.A. $ 110,000,000.00 11.111111111% ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Bank, N.A. $ 75,000,000.00 7.575757576% TD Bank, N.A. $ 55,000,000.00 5.▇▇▇▇▇▇▇▇▇% Royal Bank of Canada $ 35,000,000.00 3.▇▇▇▇▇▇▇▇▇% The Northern Trust Company $ 30,000,000.00 3.030303030% HSBC Bank USA, N.A. $ 25,000,000.00 2.525252525% Capital One, National Association $ 25,000,000.00 2.525252525% Total $ 990,000,000.00 100.000000000% Reference is hereby made to the Amended and Restated Credit Agreement dated October 25, 2011 (as amended, supplemented or otherwise modified from time to time, the “Credit Agreement”), among Verisk Analytics, Inc., a Delaware corporation, and Insurance Services Office, Inc., a Delaware corporation, as co-borrowers (hereinafter collectively referred to as the “Co-Borrowers”), and each lender from time to time party thereto. Pursuant to the provisions of Section 3.01(e) of the Credit Agreement, the undersigned hereby certifies that (i) it is the sole record and beneficial owner of the Loan(s) (as well as any Note(s) evidencing such Loan(s)) in respect of which it is providing this certificate, (ii) it is not a bank within the meaning of Section 881(c)(3)(A) of the Code, (iii) it is not a ten percent shareholder of the Borrower within the meaning of Section 871(h)(3)(B) of the Code and (iv) it is not a controlled foreign corporation related to the Borrower as described in Section 881(c)(3)(C) of the Code. The undersigned has furnished the Administrative Agent and the Borrower with a certificate of its non-U.S. Person status on IRS Form W-8BEN. By executing this certificate, the undersigned agrees that (1) if the information provided on this certificate changes, the undersigned shall promptly so inform the Borrower and the Administrative Agent, and (2) the undersigned shall have at all times furnished the Borrower and the Administrative Agent with a properly completed and currently effective certificate in either the calendar year in which each payment is to be made to the undersigned, or in either of the two calendar years preceding such payments. Unless otherwise defined herein, terms defined in the Credit Agreement and used herein shall have the meanings given to them in the Credit Agreement. [NAME OF LENDER] By: Name: Title: Date: , 20[ ] Reference is hereby made to the Amended and Restated Credit Agreement dated October 25, 2011 (as amended, supplemented or otherwise modified from time to time, the “Credit Agreement”), among Verisk Analytics, Inc., a Delaware corporation, and Insurance Services Office, Inc., a Delaware corporation, as co-borrowers (hereinafter collectively referred to as the “Co-Borrowers”), and each lender from time to time party thereto. Pursuant to the provisions of Section 3.01(e) of the Credit Agreement, the undersigned hereby certifies that (i) it is the sole record and beneficial owner of the participation in respect of which it is providing this certificate, (ii) it is not a bank within the meaning of Section 881(c)(3)(A) of the Code, (iii) it is not a ten percent shareholder of the Borrower within the meaning of Section 871(h)(3)(B) of the Code, and (iv) it is not a controlled foreign corporation related to the Borrower as described in Section 881(c)(3)(C) of the Code. The undersigned has furnished its participating Lender with a certificate of its non-U.S. Person status on IRS Form W-8BEN. By executing this certificate, the undersigned agrees that (1) if the information provided on this certificate changes, the undersigned shall promptly so inform such Lender in writing, and (2) the undersigned shall have at all times furnished such Lender with a properly completed and currently effective certificate in either the calendar year in which each payment is to be made to the undersigned, or in either of the two calendar years preceding such payments. Unless otherwise defined herein, terms defined in the Credit Agreement and used herein shall have the meanings given to them in the Credit Agreement. [NAME OF PARTICIPANT] By: Name: Title: Date: , 20[ ] Reference is hereby made to the Amended and Restated Credit Agreement dated October 25, 2011 (as amended, supplemented or otherwise modified from time to time, the “Credit Agreement”), among Verisk Analytics, Inc., a Delaware corporation, and Insurance Services Office, Inc., a Delaware corporation, as co-borrowers (hereinafter collectively referred to as the “Co-Borrowers”), and each lender from time to time party thereto. Pursuant to the provisions of Section 3.01(e) of the Credit Agreement, the undersigned hereby certifies that (i) it is the sole record owner of the participation in respect of which it is providing this certificate, (ii) its direct or indirect partners/members are the sole beneficial owners of such participation, (iii) with respect such participation, neither the undersigned nor any of its direct or indirect partners/members is a bank extending credit pursuant to a loan agreement entered into in the ordinary course of its trade or business within the meaning of Section 881(c)(3)(A) of the Code, (iv) none of its direct or indirect partners/members is a ten percent shareholder of the Borrower within the meaning of Section 871(h)(3)(B) of the Code and (v) none of its direct or indirect partners/members is a controlled foreign corporation related to the Borrower as described in Section 881(c)(3)(C) of the Code. The undersigned has furnished its participating Lender with IRS Form W-8IMY accompanied by one of the following forms from each of its partners/members that is claiming the portfolio interest exemption: (i) an IRS Form W-8BEN or (ii) an IRS Form W-8IMY accompanied by an IRS Form W-8BEN from each of such partner’s/member’s beneficial owners that is claiming the portfolio interest exemption. By executing this certificate, the undersigned agrees that (1) if the information provided on this certificate changes, the undersigned shall promptly so inform such Lender and (2) the undersigned shall have at all times furnished such Lender with a properly completed and currently effective certificate in either the calendar year in which each payment is to be made to the undersigned, or in either of the two calendar years preceding such payments. Unless otherwise defined herein, terms defined in the Credit Agreement and used herein shall have the meanings given to them in the Credit Agreement. [NAME OF PARTICIPANT] By: Name: Title: Date: , 20[ ] Reference is hereby made to the Amended and Restated Credit Agreement dated October 25, 2011 (as amended, supplemented or otherwise modified from time to time, the “Credit Agreement”), among Verisk Analytics, Inc., a Delaware corporation, and Insurance Services Office, Inc., a Delaware corporation, as co-borrowers (hereinafter collectiv

Appears in 1 contract

Sources: Third Amendment (Verisk Analytics, Inc.)

Keepwell. Each Qualified ECP Guarantor (as defined below) hereby jointly and severally severally, absolutely, unconditionally and irrevocably undertakes to provide such funds or and other support as may be needed from time to time by each other Loan Credit Party to honor all of its obligations under this Guaranty Agreement and the other Loan Documents in respect of Swap Obligations (provided, however, that each Qualified ECP Guarantor shall only be liable under this Section 11.11 2.08 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this Section 11.112.08, or otherwise under this GuaranteeAgreement or any other Loan Document, voidable under applicable Law relating to fraudulent conveyance or fraudulent transfer, Debtor Relief Laws and not for any greater amount). The Subject to Section 2.05, the obligations of each Qualified ECP Guarantor under this Section 11.11 2.08 shall remain in full force and effect until all Commitments hereunder have terminated, of the Guaranteed Obligations and all Loans or other Obligations hereunder which are accrued and payable the obligations of the Credit Parties shall have been paid in full in cash, all Commitments have been terminated and all Letters of Credit have expired or satisfied (been terminated other than Cash Management Obligations and Obligations arising under any Secured Hedge Agreement), and no Letter Letters of Credit remains outstanding (except any Letter which have been cash collateralized in accordance with the terms of the Credit the Outstanding Amount of Agreement or as to which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably other arrangements satisfactory to the Administrative Agent and the applicable L/C Issuer has Issuing Bank have been put in place)made. Each Qualified ECP Guarantor intends that this Section 11.11 2.08 constitute, and this Section 11.11 2.08 shall be deemed to constitute, a “keepwell, support, support or other agreement” for the benefit of each other Loan Credit Party for all purposes of Section 1a(18)(A)(v)(II) of the Commodity Exchange Act. For purposes of this Section 2.08, “Qualified ECP Guarantor” means, in respect of any Swap Obligation, each Credit Party that has total assets exceeding $10,000,000 at the time the relevant guarantee or grant of the relevant security interest becomes effective with respect to such Swap Obligation or such other Person as constitutes an “eligible contract participant” under the Commodity Exchange Act or any regulations promulgated thereunder and can cause another Person to qualify as an “eligible contract participant” at such time by entering into a keepwell under Section 1a(18)(A)(v)(II) of the Commodity Exchange Act.

Appears in 1 contract

Sources: Guarantee and Collateral Agreement (Walker & Dunlop, Inc.)

Keepwell. Each Loan Party that is a Qualified ECP Guarantor at the time the Guaranty or the grant of a Lien under the Loan Documents, in each case, by any Loan Party becomes effective with respect to any Swap Obligation, hereby jointly and severally severally, absolutely, unconditionally and irrevocably undertakes to provide such funds or other support to each Loan Party with respect to such Swap Obligation as may be needed by such Loan Party from time to time by each other Loan Party to honor all of its obligations under this Guaranty the Loan Documents in respect of such Swap Obligations Obligation (providedbut, howeverin each case, that each Qualified ECP Guarantor shall only be liable under this Section 11.11 for up to the maximum amount of such liability that can be hereby incurred without rendering its such Qualified ECP Guarantor’s obligations and undertakings under this Section 11.11, or otherwise under this Guarantee, Article XI voidable under applicable Law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations and undertakings of each Qualified ECP Guarantor under this Section 11.11 shall remain in full force and effect until all Commitments hereunder have terminated, and all Loans or other the Obligations hereunder which are accrued and payable have been indefeasibly paid or satisfied (other than Cash Management Obligations and Obligations arising under any Secured Hedge Agreement), and no Letter of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory to the applicable L/C Issuer has been put performed in place)full. Each Qualified ECP Guarantor Loan Party intends that this Section 11.11 to constitute, and this Section 11.11 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of of, each other Loan Party for all purposes of Section 1a(18)(A)(v)(II) of the Commodity Exchange Act. [Remainder of Page Intentionally Left Blank] FINAL VERSION SCHEDULE 10.02 ADMINISTRATIVE AGENT’S OFFICE; CERTAIN ADDRESSES FOR NOTICES BORROWER: Healthpeak OP, LLC c/o Healthpeak Properties, Inc. 4▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Attention: Legal Department Telephone No.: (▇▇▇) ▇▇▇-▇▇▇▇ Electronic Mail: l▇▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇.▇▇▇ Website Address: w▇▇.▇▇▇▇▇▇▇▇▇▇.▇▇▇ U.S. Taxpayer Identification Number: 3▇-▇▇▇▇▇▇▇ With a copy to: Healthpeak OP, LLC c/o Healthpeak Properties, Inc. 4▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Attention: Treasurer Telephone No.: (▇▇▇) ▇▇▇-▇▇▇▇ Electronic Mail: t▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇.▇▇▇ PARENT GUARANTOR: Healthpeak Properties, Inc. 4▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Attention: Legal Department Telephone No.: (▇▇▇) ▇▇▇-▇▇▇▇ Electronic Mail: l▇▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇.▇▇▇ Website Address: w▇▇.▇▇▇▇▇▇▇▇▇▇.▇▇▇ U.S. Taxpayer Identification Number: N/A With a copy to: Healthpeak Properties, Inc. 4▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Attention: Treasurer Telephone No.: (▇▇▇) ▇▇▇-▇▇▇▇ Electronic Mail: t▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇.▇▇▇ Error! No document variable s▇▇▇▇▇▇▇.▇▇▇▇▇ 4894-6880-6475v.2 ADMINISTRATIVE AGENT: Administrative Agent’s Office (for payments and Requests for Credit Extensions): Bank of America, N.A. 9▇▇ ▇. ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇ Village, 900 Building Mail Code: NC1-026-06-04 C▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Attention: M▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Telephone No.: 9▇▇-▇▇▇-▇▇▇▇ Facsimile No.: 7▇▇-▇▇▇-▇▇▇▇ Electronic Mail: m▇▇▇▇▇▇.▇▇▇▇▇▇▇▇@▇▇▇▇.▇▇▇ Bank of America, N.A. New York, NY Account No. (for Dollars): 1366072250600 ABA# 0▇▇▇▇▇▇▇▇ Attn: Credit Services Ref: Healthpeak OP, LLC Bank of America Canada Account No. (for Canadian Dollars): 711465090227 Swift Address: B▇▇▇▇▇▇▇ Attn: Bank of America, N.A. Ref: Healthpeak OP, LLC Bank of America Australia Account No. (for Australian Dollars): 520195687018 Swift Address: B▇▇▇▇▇▇▇ Attn: Bank of America, N.A. Ref: Healthpeak OP, LLC Bank of America, N.A. Account No. (for Swiss Francs): C▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇ Swift Address: B▇▇▇▇▇▇▇ Attn: Bank of America, N.A. Ref: Healthpeak OP, LLC Bank of America London Account No. (for Euro): G▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇ Swift Address: BOFA GB22 Attn: Bank of America, N.A. Ref: Healthpeak OP, LLC Bank of America London Account No. (for Sterling): G▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇ Swift Address: BOFA GB22 Attn: Bank of America, N.A. Ref: Healthpeak OP, LLC Sch 10.02-2 Bank of America Tokyo Account No. (for Yen): 606495687013 Swift Address: B▇▇▇▇▇▇▇ Attn: Bank of America, N.A. Ref: Healthpeak OP, LLC Other Notices as Administrative Agent: Bank of America, N.A. 5▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Mail Code: CA5-705-06-35 S▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Attention: L▇▇▇▇▇▇ ▇▇▇▇▇ Telephone No.: 4▇▇-▇▇▇-▇▇▇▇ Facsimile No.: 4▇▇-▇▇▇-▇▇▇▇ Electronic Mail: l▇▇▇▇▇▇.▇▇▇▇▇@▇▇▇▇.▇▇▇ With a copy to: Bank of America, N.A. 6▇▇ ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ Mail Code: NC1-030-24-02 C▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Attention: D▇▇▇▇▇ ▇▇▇▇▇▇ Telephone No.: 9▇▇-▇▇▇-▇▇▇▇ Electronic Mail: d▇▇▇▇▇.▇▇▇▇▇▇@▇▇▇▇.▇▇▇ L/C ISSUER: Bank of America, N.A. Trade Operations 1 ▇▇▇▇▇ ▇▇▇ ▇▇▇-▇▇▇-▇▇-▇▇ ▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Telephone No.: 5▇▇-▇▇▇-▇▇▇▇ Facsimile No.: 8▇▇-▇▇▇-▇▇▇▇ Electronic Mail: S▇▇▇▇▇▇▇_▇▇▇▇▇▇▇_▇▇@▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ JPMorgan Chase Bank, N.A. 1▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇. ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Attention: Standby LC Unit Telephone No.: 8▇▇-▇▇▇-▇▇▇▇ Facsimile No.: 8▇▇-▇▇▇-▇▇▇▇ Electronic Mail: g▇▇.▇▇.▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇.▇▇▇; N▇.▇▇▇@▇▇▇▇▇▇▇▇.▇▇▇; j▇▇▇▇▇▇.▇▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇.▇▇▇ With a copy to: JPMorgan Chase Bank N.A. C▇▇▇▇▇ ▇▇▇▇▇▇ Sch 10.02-3 3▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇ ▇▇▇ ▇▇▇▇, ▇▇, ▇▇▇▇▇ Electronic Mail: c▇▇▇▇▇.▇.▇▇▇▇▇▇@j▇▇▇▇▇▇▇.▇▇▇ W▇▇▇▇ Fargo Bank, N.A. US Trade Services - Standby Letters of Credit 4▇▇ ▇. ▇▇▇▇▇▇▇▇ ▇▇▇▇ Floor 01 MAC D4004-017 W▇▇▇▇▇▇-▇▇▇▇▇, ▇▇ ▇▇▇▇▇-▇▇▇▇ Attention: S▇▇▇▇▇ Peace Telephone No.: 3▇▇-▇▇▇-▇▇▇▇ Electronic mail: s▇▇▇▇▇.▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇.▇▇▇ ALTERNATIVE CURRENCY FRONTING LENDER: Bank of America, N.A. 9▇▇ ▇. ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇ Village, 900 Building Mail Code: NC1-026-06-04 C▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Attention: M▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Telephone No.: 9▇▇-▇▇▇-▇▇▇▇ Facsimile No.: 7▇▇-▇▇▇-▇▇▇▇ Electronic Mail: m▇▇▇▇▇▇.▇▇▇▇▇▇▇▇@▇▇▇▇.▇▇▇ Sch 10.02-4

Appears in 1 contract

Sources: Credit Agreement (Healthpeak Properties, Inc.)

Keepwell. Each Qualified ECP Guarantor hereby jointly and severally absolutely, unconditionally and irrevocably undertakes to provide such funds or other support as may be needed from time to time by each other Loan Party Guarantor to honor all of its obligations under this Guaranty in respect of Swap Obligations (provided, however, that each Qualified ECP Guarantor shall only be liable under this Section 11.11 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this Section 11.11Section, or otherwise under this GuaranteeGuaranty, voidable under applicable Law law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor under this Section 11.11 shall remain in full force and effect until all Commitments hereunder have terminated, and all Loans or other Obligations hereunder which are accrued and payable have been paid or satisfied (other than Cash Management Obligations and Obligations arising under any Secured Hedge Agreement), and no Letter of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory to the applicable L/C Issuer has been put discharged in place)accordance with Section 13.3. Each Qualified ECP Guarantor intends that this Section 11.11 constitute, and this Section 11.11 shall be deemed to constitute, a “keepwell, support, or other agreement” for the benefit of each other Loan Party Guarantor for all purposes of Section 1a(18)(A)(v)(II) of the Commodity Exchange Act. “Borrower” CTO Realty Growth, Inc., a Maryland corporation Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: SVP, General Counsel and Corporate Secretary; Director “Administrative Agent” KeyBank National Association, as Administrative Agent Name: ▇▇▇ ▇▇▇▇▇▇▇ Title: Senior Vice President “Lenders” KeyBank National Association, as a Lender Name: ▇▇▇ ▇▇▇▇▇▇▇ Title: Senior Vice President PNC Bank, National Association, as a Lender Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: Senior Vice President ▇▇▇▇▇▇▇ ▇▇▇▇▇ Bank, as a Lender Name: ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Title: SVP Regions Bank, as a Lender Name: ▇▇▇ ▇▇▇▇▇ Title: Senior Vice President “Guarantors” Indigo Group Inc., a Florida corporation By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: SVP, General Counsel and Corporate Secretary; Director CTO18 Albuquerque NM LLC, a Delaware limited liability company By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: SVP, General Counsel and Corporate Secretary; Director Indigo Group Ltd., a Florida limited partnership By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: SVP, General Counsel and Corporate Secretary; Director By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: SVP, General Counsel and Corporate Secretary; Director Daytona JV LLC, a Florida limited liability company By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: SVP, General Counsel and Corporate Secretary; Director CTO20 Crossroads AZ LLC, a Delaware limited liability company By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: SVP, General Counsel and Corporate Secretary; Director IGI20 Crossroads AZ LLC, a Delaware limited liability company By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: SVP, General Counsel and Corporate Secretary; Director CTO20 Perimeter LLC, a Delaware limited liability company By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: SVP, General Counsel and Corporate Secretary; Director CTO20 Perimeter II LLC, a Delaware limited liability company By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: SVP, General Counsel and Corporate Secretary; Director CTO21 Acquisitions II LLC, a Delaware limited liability company By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: SVP, General Counsel and Corporate Secretary; Director CTO21 AL Outparcel LLC, a Delaware limited liability company By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: SVP, General Counsel and Corporate Secretary; Director CTO21 Apex LLC, a Delaware limited liability company By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: SVP, General Counsel and Corporate Secretary; Director CTO21 ▇▇▇▇▇▇ 1 LLC, a Delaware limited liability company By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: SVP, General Counsel and Corporate Secretary; Director CTO22 Madison Yards LLC, a Delaware limited liability company By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: SVP, General Counsel and Corporate Secretary; Director CTO23 Rockwall LLC, a Delaware limited liability company By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: SVP, General Counsel and Corporate Secretary; Director CTO22 Short Pump LLC, a Delaware limited liability company By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: SVP, General Counsel and Corporate Secretary; Director CTO22 Forsyth LLC, a Delaware limited liability company By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: SVP, General Counsel and Corporate Secretary; Director DB Main Street LLC, a Delaware limited liability company By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: SVP, General Counsel and Corporate Secretary; Director CTO24 MSTC LLC, a Delaware limited liability company By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: SVP, General Counsel and Corporate Secretary; Director Date: ‌ , ____ To: KeyBank National Association, as Administrative Agent for the Lenders from time to time parties to the Credit Agreement dated as of September 30, 2024 (as extended, renewed, amended or restated from time to time, the “Credit Agreement”), among CTO Realty Growth, Inc., certain Guarantors which are signatories thereto, certain Lenders which are from time to time parties thereto, and KeyBank National Association, as Administrative Agent 1. The Business Day of the proposed Borrowing is ___________, ____. 2. The aggregate amount of the proposed Borrowing is $______________. 3. The Borrowing is being advanced as a[n] [2029][Incremental] Term Loan [Incremental Revolving Loan]. 4. The Borrowing is to be comprised of $___________ of [Base Rate] [Daily Simple SOFR][Term SOFR] Loans. (a) the representations and warranties of the Borrower contained in Section 6 of the Credit Agreement are true and correct as though made on and as of such date (except to the extent such representations and warranties relate to an earlier date, in which case they are true and correct as of such date); and (b) no Default or Event of Default has occurred and is continuing or would result from such proposed Borrowing. Name: Title: To:KeyBank National Association, as Administrative Agent for the Lenders from time to time parties to the Credit Agreement dated as of September 30, 2024 (as extended, renewed, amended or restated from time to time, the “Credit Agreement”) among CTO Realty Growth, Inc., certain Guarantors which are from time to time signatories thereto, certain Lenders which are from time to time parties thereto, and KeyBank National Association, as Administrative Agent The undersigned, CTO Realty Growth, Inc. (the “Borrower”), refers to the Credit Agreement, the terms defined therein being used herein as therein defined, and hereby gives you notice irrevocably, pursuant to Section 1.6 of the Credit Agreement, of the [conversion] [continuation] of the Loans specified herein, that: 1. The conversion/continuation Date is __________, ____. 2. The aggregate amount of the [2029][Incremental] Term Loans [Incremental Revolving Loans] to be [converted] [continued] is $______________. 3. The Term Loans are to be [converted into] [continued as] [Daily Simple SOFR] [Term SOFR]] [Base] Loans. 4. [If applicable:] The duration of the Interest Period for the Term Loans included in the [conversion] [continuation] shall be _________ months. (a) the representations and warranties of the Borrower contained in Section 6 of the Credit Agreement are true and correct as though made on and as of such date (except to the extent such representations and warranties relate to an earlier date, in which case they are true and correct as of such date); provided, however, that this condition shall not apply to the conversion of an outstanding Term SOFR Rate Loan to a Base Rate Loan or a Daily Simple SOFR Rate Loan to a Base Rate Loan; and (b) no Default or Event of Default has occurred and is continuing, or would result from such proposed [conversion] [continuation]. Name: Title: U.S. $_______________ ‌ ______________, 20__ For Value Received, the undersigned, CTO Realty Growth, Inc., a Maryland corporation (the “Borrower”), hereby promises to pay to ____________________ (the “Lender”) or its permitted assigns on the Maturity Date of the hereinafter defined Credit Agreement, at the principal office of the Administrative Agent in New York, New York (or such other location as the Administrative Agent may designate to the Borrower), in immediately available funds, the principal sum of ___________________ Dollars ($__________) or, if less, the aggregate unpaid principal amount of all [2029][Incremental] Term Loans made by the Lender to the Borrower pursuant to the Credit Agreement, together with interest on the principal amount of each [2029][Incremental] Term Loan from time to time outstanding hereunder at the rates, and payable in the manner and on the dates, specified in the Credit Agreement. This Note is one of the [2029][Incremental] Term Notes referred to in the Credit Agreement dated as of September 30, 2024, among the Borrower, the Guarantors party thereto, the Lenders parties thereto, and KeyBank National Association, as Administrative Agent (as extended, renewed, amended or restated from time to time, the “Credit Agreement”), and this Note and the holder hereof are entitled to all the benefits provided for thereby or referred to therein, to which Credit Agreement reference is hereby made for a statement thereof. All defined terms used in this Note, except terms otherwise defined herein, shall have the same meaning as in the Credit Agreement. This Note shall be governed by and construed in accordance with the internal laws of the State of New York. Name: Title:

Appears in 1 contract

Sources: Credit Agreement (CTO Realty Growth, Inc.)

Keepwell. Each Qualified ECP Guarantor (as defined below) hereby jointly and severally severally, absolutely, unconditionally and irrevocably undertakes to provide such funds or and other support as may be needed from time to time by each other Loan Borrower Party to honor all of its obligations under this Guaranty Agreement and the other Loan Documents in respect of Swap Obligations (provided, however, that each Qualified ECP Guarantor shall only be liable under this Section 11.11 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this Section 11.11Section, or otherwise under this GuaranteeAgreement or any other Loan Document, voidable under applicable Law relating to fraudulent conveyance or fraudulent transfer, Bankruptcy Laws and not for any greater amount). The obligations of each Qualified ECP Guarantor under this Section 11.11 shall remain in full force and effect until all Commitments hereunder have terminated, and all Loans or of the Credit Agreement Obligations (other Obligations hereunder which are accrued and payable than contingent indemnification obligations not then due) shall have been paid in full in cash, all Letters of Credit have been terminated or satisfied expired (other than or been Cash Management Obligations and Obligations arising under any Secured Hedge AgreementCollateralized), and no Letter of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory to the applicable L/C Issuer has been put in place)Commitments terminated. Each Qualified ECP Guarantor intends that this Section 11.11 constitute, and this Section 11.11 shall be deemed to constitute, a “keepwell, support, support or other agreement” for the benefit of each other Loan Borrower Party for all purposes of Section 1a(18)(A)(v)(II) of the Commodity Exchange Act. For purposes of this Section, “Qualified ECP Guarantor” means, in respect of any Swap Obligation, each Borrower Party that has total assets exceeding $10,000,000 at the time the relevant guarantee or grant of the relevant security interest becomes effective with respect to such Swap Obligation or such other Person as constitutes an “eligible contract participant” under the Commodity Exchange Act or any regulations promulgated thereunder and can cause another Person to qualify as an “eligible contract participant” at such time by entering into a keepwell under Section 1a(18)(A)(v)(II) of the Commodity Exchange Act. Notwithstanding the foregoing, no Foreign Borrower or Foreign Borrower Subsidiary shall have any obligation under this Section 12.23 to provide funds or other support as may be needed from time to time by any Borrower Party that is a U.S. Person to honor any of such U.S. Person’s obligations under this Agreement and the other Loan Documents in respect of Swap Obligations.

Appears in 1 contract

Sources: Credit Agreement (KMG Chemicals Inc)

Keepwell. (a) Each Qualified ECP U.S. Obligations Guarantor hereby jointly and severally absolutely, unconditionally and irrevocably undertakes to provide such funds or other support as may be needed from time to time by each other U.S. Loan Party and each U.S. Restricted Subsidiary that has executed a Guarantee, as the case may be, to honor all of its obligations under this Guaranty Agreement in respect of Swap Obligations (provided, however, that each Qualified ECP U.S. Obligations Guarantor shall only be liable under this Section 11.11 4.16(a) for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this Section 11.114.16(a), or otherwise under this Agreement, as it relates to such other U.S. Loan Party or U.S. Restricted Subsidiary that has executed a Guarantee, voidable under applicable Law law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP U.S. Obligations Guarantor under this Section 11.11 4.16(a) shall remain in full force and effect until all Commitments hereunder have terminated, and all Loans or other Obligations hereunder which are accrued and payable have been paid or satisfied (other than Cash Management Obligations and Obligations arising under any Secured Hedge Agreement), and no Letter the termination of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory this Agreement pursuant to the applicable L/C Issuer has been put in placeSection 4.12(a). Each Qualified ECP U.S. Obligations Guarantor intends that this Section 11.11 4.16(a) constitute, and this Section 11.11 4.16(a) shall be deemed to constitute, a “keepwell, support, or other agreement” for the benefit of each other Loan Party and each other Restricted Subsidiary that has executed a Guarantee for all purposes of Section 1a(18)(A)(v)(II) of the Commodity Exchange Act. (b) Each Qualified ECP English Obligations Guarantor hereby jointly and severally absolutely, unconditionally and irrevocably undertakes to provide such funds or other support as may be needed from time to time by each other English Loan Party and each English Restricted Subsidiary that has executed a Guarantee, as the case may be, to honor all of its obligations under this Agreement in respect of Swap Obligations (provided, however, that each Qualified ECP English Obligations Guarantor shall only be liable under this Section 4.16(b) for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this Section 4.16(b), or otherwise under this Agreement, as it relates to such other English Loan Party or English Restricted Subsidiary that has executed a Guarantee, voidable under applicable law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP English Obligations Guarantor under this Section 4.16(b) shall remain in full force and effect until the termination of this Agreement pursuant to Section 4.12(a). Each Qualified ECP English Obligations Guarantor intends that this Section 4.16(b) constitute, and this Section 4.16(b) shall be deemed to constitute, a “keepwell, support, or other agreement” for the benefit of each other Loan Party and each other Restricted Subsidiary that has executed a Guarantee for all purposes of Section 1a(18)(A)(v)(II) of the Commodity Exchange Act.

Appears in 1 contract

Sources: Credit Agreement (WisdomTree Investments, Inc.)

Keepwell. Each The Borrower shall, and shall cause each Qualified ECP Guarantor hereby Guarantor, jointly and severally absolutely, unconditionally and irrevocably undertakes to provide such funds or other support as may be needed from time to time by each other Loan Party Guarantor to honor all of its obligations under this Guaranty the Loan Documents in respect of any Secured Swap Obligations Agreement (provided, however, that each Qualified ECP Guarantor shall only be liable under this Section 11.11 12.18 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this Section 11.1112.18, or otherwise under this Guaranteeany Loan Document, voidable under applicable Law law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor under this Section 11.11 12.18 shall remain in full force and effect until all Commitments hereunder have terminated, and all Loans or other Obligations hereunder which are accrued and payable have been paid or satisfied the occurrence of each of the following: (a) the Indebtedness (other than Cash Management Obligations (i) indemnity obligations not yet due and Obligations payable of which the Borrower has not received a notice of potential claim and (ii) obligations arising under any a Secured Hedge Swap Agreement not yet due and payable) are irrevocably and indefeasibly paid in full in cash (including interest accruing during the pendency of an insolvency or liquidation proceeding, regardless of whether allowed or allowable in such insolvency or liquidation proceeding) and premium, if any, on all Loans outstanding under this Agreement), and (b) no Letter of Credit remains shall be outstanding (except any Letter other than Letters of Credit the Outstanding Amount of as to which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably other arrangements satisfactory to the applicable L/C Issuer Administrative Agent and the Issuing Bank have been made), (c) this Agreement and the Commitments are terminated and (d) all Swap Agreements secured hereby are either novated, terminated and paid in full or the Borrower or Guarantor party thereto has been put in place)collateralized its obligations under such Swap Agreement to the satisfaction of the counterparty to such Swap Agreement. Each Qualified ECP Guarantor intends that this Section 11.11 constitute12.18 constitutes, and this Section 11.11 12.18 shall be deemed to constitute, a “keepwell, support, or other agreement” for the benefit of the Borrower and each other Loan Party Guarantor for all purposes of Section 1a(18)(A)(v)(II) of the Commodity Exchange Act.

Appears in 1 contract

Sources: Credit Agreement (Bill Barrett Corp)

Keepwell. Each Loan Party, if it is a Qualified ECP Guarantor hereby Loan Party, then jointly and severally absolutelyseverally, together with each other Qualified ECP Loan Party, hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Swap Obligations owing by each Non-Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of its such Non-Qualifying Party’s obligations under this Guaranty Agreement or any other Loan Document in respect of Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 11.11 12.25 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this Section 11.1112.25, or otherwise under this GuaranteeAgreement or any other Loan Document, voidable under applicable Law law, including applicable law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 11.11 12.25 shall remain in full force and effect until all Commitments hereunder have terminated, and all Loans or other Obligations hereunder which are accrued and payable have been paid or satisfied (other than Cash Management payment in full of the Obligations and Obligations arising under any Secured Hedge Agreement), termination of this Agreement and no Letter of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory to the applicable L/C Issuer has been put in place)other Loan Documents. Each Qualified ECP Guarantor Loan Party intends that this Section 11.11 12.25 constitute, and this Section 11.11 12.25 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of each other Loan Party Borrower and Guarantor for all purposes of Section 1a(18)(A)(v)(II1a(18(A)(v)(II) of the Commodity Exchange ActCEA . IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed by their respective officers thereunto duly authorized, as of the date first above written. BORROWERS: FUNKO ACQUISITION HOLDINGS, L.L.C. By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Title: Chief Financial Officer and Secretary FUNKO HOLDINGS LLC By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Title: Chief Financial Officer and Secretary FUNKO, LLC By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Title: Chief Financial Officer and Secretary COLLATERAL AGENT: CERBERUS BUSINESS FINANCE, LLC By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇ Title: President ADMINISTRATIVE AGENT AND LENDER: PNC BANK, NATIONAL ASSOCIATION By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Title: Senior Vice President LENDERS: CERBERUS NJ CREDIT OPPORTUNITIES FUND, L.P. By: Cerberus NJ Credit Opportunities GP, LLC, its General Partner By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇ Title: Senior Managing Director CERBERUS ASRS HOLDINGS LLC By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇ Title: Vice President CERBERUS ICQ LEVERED LOAN OPPORTUNITIES FUND, L.P. By: Cerberus ICQ Levered Opportunities GP, LLC, its General Partner By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇ Title: Senior Managing Director CERBERUS KRS LEVERED LOAN OPPORTUNITIES FUND, L.P. By: Cerberus KRS Levered Opportunities GP, LLC, its General Partner By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇ Title: Senior Managing Director CERBERUS PSERS LEVERED LOAN OPPORTUNITIES FUND, L.P. By: Cerberus PSERS Levered Opportunities GP, LLC, its General Partner By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇ Title: Senior Managing Director PNC Bank, National Association $ 50,000,000.00 $ 0 $ 50,000,000.00 Cerberus NJ Credit Opportunities Fund, L.P. $ 0 $ 26,332,737.31 $ 26,332,737.31 Cerberus ASRS Holdings LLC $ 0 $ 80,283,112.92 $ 80,283,112.92 Cerberus ICQ Levered Loan Opportunities Fund, L.P. $ 0 $ 26,072,317.30 $ 26,072,317.30 Cerberus KRS Levered Loan Opportunities Fund, L.P. $ 0 $ 7,969,296.85 $ 7,969,296.85 Cerberus PSERS Levered Loan Opportunities Fund, L.P. $ 0 $ 34,342,535.62 $ 34,342,535.62 Totals $ 50,000,000.00 $ 175,000,000.00 $ 225,000,000.00 1. Security Agreement 2. Trademark Security Agreement THIS JOINDER AGREEMENT, dated as of (this “Agreement”), to the Financing Agreement (as defined below) is entered into by and among Funko Acquisition Holdings, L.L.C., a Delaware limited liability company (the “Ultimate Parent” or the “Buyer”), as the initial borrower and immediately upon consummation of the Funko Acquisition (as defined in the Financing Agreement), Funko Holdings LLC, a Delaware limited liability company (“Parent” or “Funko Holdings”) and each subsidiary of the Parent listed as a “Borrower” on the signature pages thereto (together with the Ultimate Parent, the Parent and each other Person that executes a Joinder Agreement and becomes a “Borrower” thereunder, each a “Borrower” and collectively, the “Borrowers”), each subsidiary of the Parent listed as a “Guarantor” on the signature pages thereto (together with each other Person that executes a Joinder Agreement and becomes a “Guarantor” thereunder or otherwise guaranties all or any part of the Obligations (as therein defined), each a “Guarantor” and collectively, the “Guarantors”), [NAME OF ADDITIONAL [BORROWER][GUARANTOR]], a (the “Additional [Borrower][Guarantor]”) and Cerberus Business Finance, LLC, a Delaware limited liability company (“Cerberus”), as collateral agent for the Lenders (as defined below) (in such capacity, together with its successors and assigns in such capacity, the “Collateral Agent”).

Appears in 1 contract

Sources: Financing Agreement (Funko, Inc.)

Keepwell. Each Qualified ECP Guarantor Contributing Party hereby jointly and severally absolutely, unconditionally and irrevocably undertakes to provide such funds or other support as may be needed from time to time by each other Loan Party Guarantor to honor all of its obligations under this Guaranty or the other Loan Documents in respect of Swap the Hedge Obligations (provided, however, that each Qualified ECP Guarantor Contributing Party shall only be liable under this Section 11.11 30 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this Section 11.1130, or otherwise under this Guarantee, the Guaranty or the other Loan Documents voidable under applicable Law relating to fraudulent conveyance or fraudulent transferthe Avoidance Provisions, and not for any greater amount). The obligations of each Qualified ECP Guarantor Contributing Party under this Section 11.11 30 shall remain in full force and effect until all Commitments hereunder have terminateda discharge of the obligations of Guarantors under this Guaranty if such Qualified ECP Contributing Party is a Guarantor, or of Borrower under the Term Loan Agreement and all Loans or the other Obligations hereunder which are accrued Loan Documents and payable have been paid or satisfied (other than Cash Management Obligations and Obligations arising under any Secured the Hedge Agreement), and no Letter of Credit remains outstanding (except any Letter of Credit Documents if such Qualified ECP Contributing Party is the Outstanding Amount of which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory to the applicable L/C Issuer has been put in place)Borrower. Each Qualified ECP Guarantor Contributing Party intends that this Section 11.11 30 constitute, and this Section 11.11 30 shall be deemed to constitute, a keepwell, support, or other agreement” agreement for the benefit of each other Loan Party for all purposes of Section 1a(18)(A)(v)(II) of the Commodity Exchange Act.. For purposes of Section 30 of this Guaranty, the term "Qualified ECP Contributing Party" means, in respect of any Hedge Obligation, each Loan Party that has total assets exceeding $10,000,000 at the time the time such party becomes a party to this Guaranty or the “Springing Guaranty” (as defined in the Term Loan Agreement) or grant of the relevant security interest becomes effective with respect to such Hedge Obligation or such other person as constitutes an "eligible contract participant" under the Commodity Exchange Act or any regulations promulgated thereunder and can cause another person to qualify as an "eligible contract participant" at such time by entering into a keepwell under Section 1a(18)(A)(v)(II) of the Commodity Exchange Act. 109306584\V-7

Appears in 1 contract

Sources: Term Loan Agreement (Kite Realty Group, L.P.)

Keepwell. Each To the extent that the Guarantor is a Qualified ECP Guarantor, the Guarantor hereby jointly and severally absolutely, unconditionally and irrevocably undertakes to provide such funds or other support to each Specified Loan Party with respect to any Swap Obligations as may be needed by such Specified Loan Party from time to time by each other Loan Party to honor all of its obligations under this Guaranty, any other Guaranty (as defined in the Credit Agreement) to which it is a party and the other Loan Documents in respect of such Swap Obligations (providedbut, howeverin each case, that each Qualified ECP Guarantor shall only be liable under this Section 11.11 for up to the maximum amount of such liability that can be hereby incurred without rendering its the Guarantor’s obligations and undertakings under this Section 11.11, or otherwise under this Guarantee, Guaranty voidable under applicable Law law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations and undertakings of each Qualified ECP the Guarantor under this Section 11.11 shall remain in full force and effect until all Commitments hereunder have terminated, and all Loans or other the Guaranteed Obligations hereunder which are accrued and payable have been indefeasibly paid or satisfied and performed in full (other than Cash Management Obligations and Obligations arising under any Secured Hedge Agreement), and contingent indemnification or expense reimbursement obligations for which no Letter of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of which the Obligations related thereto claim has been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory to the applicable L/C Issuer has been put in placemade). Each Qualified ECP The Guarantor intends that this Section 11.11 to constitute, and this Section 11.11 shall be deemed to constitute, a “keepwell, support, or other agreement” for the benefit of each other Specified Loan Party for all purposes of Section 1a(18)(A)(v)(II) of the Commodity Exchange Act.” (d) Each Domestic Guarantor and the Administrative Agent hereby agrees that the Domestic Subsidiary Guaranty is hereby amended as follows: (i) The Domestic Subsidiary Guaranty is hereby amended by adding the following paragraphs and definitions as a new paragraph immediately following the end of Section 1 thereof: “As used in this Guaranty, the following terms have the meanings specified below:

Appears in 1 contract

Sources: Credit Agreement (Kofax LTD)

Keepwell. Each Credit Party that is a Qualified ECP Guarantor at the time the Guaranty in this Article XI by any Credit Party that is not then an “eligible contract participant” under the Commodity Exchange Act (a “Specified Loan Party”) becomes effective with respect to any Obligation under any Swap Contract, hereby jointly and severally severally, absolutely, unconditionally and irrevocably undertakes to provide such funds or other support to each Specified Loan Party with respect to such Obligation as may be needed by such Specified Loan Party from time to time by each other Loan Party to honor all of its obligations under this Guaranty the Loan Documents in respect of Swap Obligations such Obligation (providedbut, howeverin each case, that each Qualified ECP Guarantor shall only be liable under this Section 11.11 for up to the maximum amount of such liability that can be hereby incurred without rendering its such Qualified ECP Guarantor’s obligations and undertakings under this Section 11.11, or otherwise under this Guarantee, Article XI voidable under any applicable Law relating to fraudulent conveyance or fraudulent transferDebtor Relief Laws, and not for any greater amount). The obligations and undertakings of each Qualified ECP Guarantor applicable Credit Party under this Section 11.11 shall remain in full force and effect until all Commitments hereunder have terminated, and all Loans or other of the Obligations hereunder which are accrued and payable have been irrevocably paid or satisfied (other than Cash Management Obligations and Obligations arising under any Secured Hedge Agreement), and no Letter of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory to the applicable L/C Issuer has been put performed in place)full. Each Qualified ECP Guarantor Credit Party intends that this Section 11.11 to constitute, and this Section 11.11 shall be deemed to constitute, a “keepwell, support, or other agreement” for the benefit of each other Loan Credit Party that would otherwise not constitute an Eligible Contract Participant for any Obligation under any Swap Contract for all purposes of Section 1a(18)(A)(v)(II) of the Commodity Exchange Act. Each of the parties hereto has caused a counterpart of this Agreement to be duly executed as of the date first above written. BORROWERS: VENTAS REALTY, LIMITED PARTNERSHIP By: Ventas, Inc., its General Partner By: /s/ T. ▇▇▇▇▇▇▇ ▇▇▇▇▇ Name: T. ▇▇▇▇▇▇▇ ▇▇▇▇▇ Title: Executive Vice President, Chief Administrative Officer and General Counsel VENTAS SSL ONTARIO II, INC. VENTAS SSL ONTARIO III, INC. By: /s/ T. ▇▇▇▇▇▇▇ ▇▇▇▇▇ Name: T. ▇▇▇▇▇▇▇ ▇▇▇▇▇ Title: Executive Vice President and Associate Secretary GUARANTOR: VENTAS, INC. By: /s/ T. ▇▇▇▇▇▇▇ ▇▇▇▇▇ Name: T. ▇▇▇▇▇▇▇ ▇▇▇▇▇ Title: Executive Vice President, Chief Administrative Officer and General Counsel BANK OF AMERICA, N.A., as Administrative Agent, Swing Line Lender, L/C Issuer and Alternative Currency Fronting Lender By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇ Title: Vice President BANK OF AMERICA, N.A. By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇ Title: Vice President JPMORGAN CHASE BANK, N.A. By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Title: Executive Director BARCLAYS BANK PLC, as Lender By: /s/ ▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇ Title: Vice President CITIBANK, N.A. By: /s/ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Title: Vice President CREDIT AGRICOLE CORPORATE AND INVESTMENT BANK By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇ Title: Managing Director By: /s/ ▇▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇ Title: Vice President ROYAL BANK OF CANADA By: /s/ ▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇ ▇▇▇▇▇▇ Title: Authorized Signatory TD BANK, N.A. By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ Title: Senior Vice President TORONTO DOMINION (NEW YORK) LLC, as a Lender By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇ Title: Authorized Signatory UBS AG, STAMFORD BRANCH By: /s/ ▇▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇ Title: Director By: /s/ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Associate Director THE BANK OF TOKYO-MITSUBISHI UFJ, LTD. By: /s/ ▇▇▇▇▇ ▇’▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇’▇▇▇▇▇▇▇ Title: Director COMPASS BANK By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Senior Vice President ▇▇▇▇▇▇▇ ▇▇▇▇▇ BANK USA By: /s/ ▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇ Title: Authorized Signatory ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ BANK, N.A. By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇ Title: Authorized Signatory ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ SENIOR FUNDING, INC. By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇ Title: Vice President PNC BANK, NATIONAL ASSOCIATION By: /s/ ▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇ Title: Vice President ▇▇▇▇▇ FARGO BANK, NATIONAL ASSOCIATION By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇ Title: Director RBS CITIZENS, N.A. By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇▇ Title: Vice President BRANCH BANKING & TRUST COMPANY By: /s/ Ahaz ▇. ▇▇▇▇▇▇▇▇▇ Name: Ahaz ▇. ▇▇▇▇▇▇▇▇▇ Title: Assistant Vice President FIFTH THIRD BANK, an Ohio Banking Corporation By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Title: Assistant Vice President FIFTH THIRD BANK, operating through its Canadian Branch By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Principal Officer SUMITOMO MITSUI BANKING CORPORATION By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇ Title: General Manager CAPITAL ONE, NATIONAL ASSOCIATION By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Authorized Signatory BANK OF THE WEST, a California banking corporation By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: AVP/Loan Administrator By: /s/ ▇▇▇▇▇ Weerasoorlya Name: ▇▇▇▇▇ Weerasoorlya Title: Senior Vice President THE NORTHERN TRUST COMPANY By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Senior Vice President CITY NATIONAL BANK, A NATIONAL BANKING ASSOCIATION By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇ Title: Senior Vice President Bank of America, N.A. $ 185,882,352.94 9.294117647 % $ 18,823,529.41 9.411764706 % JPMorgan Chase Bank, N.A. $ 185,882,352.94 9.294117647 % $ 18,823,529.41 9.411764706 % Barclays Bank PLC $ 126,134,453.78 6.306722689 % $ 12,773,109.24 6.386554622 % Citibank, N.A. $ 126,134,453.78 6.306722689 % $ 12,773,109.24 6.386554622 % Credit Agricole Corporate and Investment Bank $ 126,134,453.78 6.306722689 % $ 12,773,109.24 6.▇▇▇▇▇▇▇▇▇ % Royal Bank of Canada $ 126,134,453.78 6.▇▇▇▇▇▇▇▇▇ % $ 12,773,109.24 6.▇▇▇▇▇▇▇▇▇ % TD Bank, N.A. $ 73,092,514.07 3.654625704 % $ 12,773,109.24 6.386554622 % Toronto Dominion (New York) LLC $ 53,041,939.71 2.652096986 % UBS AG, Stamford Branch $ 126,134,453.78 6.306722689 % $ 12,773,109.24 6.386554622 % The Bank of Tokyo-Mitsubishi UFJ, Ltd. $ 92,941,176.47 4.647058824 % $ 9,411,764.71 4.705882353 % Compass Bank $ 92,941,176.47 4.647058824 % $ 9,411,764.71 4.705882353 % ▇▇▇▇▇▇▇ ▇▇▇▇▇ Bank USA $ 92,941,176.47 4.647058824 % $ 9,411,764.71 4.705882353 % ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Bank, N.A. $ 92,941,176.47 4.647058824 % ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Senior Funding, Inc. $ 9,411,764.71 4.705882353 % PNC Bank, National Association $ 92,941,176.47 4.647058824 % $ 9,411,764.71 4.705882353 % ▇▇▇▇▇ Fargo Bank, National Association $ 92,941,176.47 4.647058824 % $ 9,411,764.71 4.705882353 % RBS Citizens, N.A. $ 63,067,226.89 3.153361345 % $ 6,386,554.62 3.193277311 % Branch Banking and Trust Company $ 49,789,915.97 2.489495798 % $ 5,042,016.81 2.521008403 % Fifth Third Bank $ 49,789,915.97 2.489495798 % $ 5,042,016.81 2.521008403 % Sumitomo Mitsui Banking Corporation $ 49,789,915.97 2.489495798 % $ 5,042,016.81 2.521008403 % Capital One, N.A. $ 33,193,277.31 1.659663866 % $ 3,361,344.54 1.680672269 % Bank of the West $ 23,235,294.12 1.161764706 % $ 2,352,941.18 1.176470588 % The Northern Trust Company $ 19,915,966.39 0.995798319 % $ 2,016,806.72 1.008403361 % City National Bank $ 25,000,000.00 1.250000000 % Bank of America, N.A. CAD 12,440,000.00 10.000000000 % $ 63,652,765.65 9.311589317 % JPMorgan Chase Bank, N.A. CAD 12,440,000.00 10.000000000 % $ 63,652,765.65 9.311589317 % Barclays Bank PLC CAD 8,441,428.57 6.785714286 % $ 43,192,948.12 6.318578465 % Citibank, N.A. CAD 8,441,428.57 6.785714286 % $ 43,192,948.12 6.318578465 % Credit Agricole Corporate and Investment Bank CAD 8,441,428.57 6.785714286 % $ 43,192,948.12 6.▇▇▇▇▇▇▇▇▇ % Royal Bank of Canada CAD 8,441,428.57 6.▇▇▇▇▇▇▇▇▇ % $ 43,192,948.12 6.▇▇▇▇▇▇▇▇▇ % TD Bank, N.A. CAD 8,441,428.57 6.785714286 % $ 43,192,948.12 6.318578465 % Toronto Dominion (New York) LLC UBS AG, Stamford Branch CAD 8,441,428.57 6.785714286 % $ 43,192,948.12 6.318578465 % The Bank of Tokyo-Mitsubishi UFJ, Ltd. CAD 6,220,000.00 5.000000000 % $ 31,826,382.82 4.655794659 % Compass Bank CAD 6,220,000.00 5.000000000 % $ 31,826,382.82 4.655794659 % ▇▇▇▇▇▇▇ ▇▇▇▇▇ Bank USA CAD 6,220,000.00 5.000000000 % $ 31,826,382.82 4.655794659 % ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Bank, ▇.▇. ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Senior Funding, Inc. CAD 6,220,000.00 5.000000000 % $ 31,826,382.82 4.655794659 % PNC Bank, National Association CAD 6,220,000.00 5.000000000 % $ 31,826,382.82 4.655794659 % ▇▇▇▇▇ Fargo Bank, National Association CAD 6,220,000.00 5.000000000 % $ 31,826,382.82 4.655794659 % RBS Citizens, N.A. $ 25,546,218.49 3.737086563 % Branch Banking and Trust Company CAD 3,332,142.86 2.678571429 % $ 17,049,847.94 2.494175710 % Fifth Third Bank CAD 3,332,142.86 2.678571429 % $ 17,049,847.94 2.494175710 % Sumitomo Mitsui Banking Corporation CAD 3,332,142.86 2.678571429 % $ 17,049,847.94 2.494175710 % Capital One, N.A. $ 13,445,378.15 1.966887664 % Bank of the West CAD 1,555,000.00 1.250000000 % $ 7,956,595.71 1.163948665 % The Northern Trust Company $ 8,067,226.89 1.180132599 % City National Bank Bank of America, N.A. Yes Yes Yes Yes Yes Yes JPMorgan Chase Bank, N.A. Yes Yes Yes Yes Yes Yes Barclays Bank PLC Yes Yes Yes Yes Yes Yes A. Yes Yes Yes Yes Yes Yes

Appears in 1 contract

Sources: Credit and Guaranty Agreement (Ventas Inc)

Keepwell. Each Qualified ECP Guarantor hereby jointly and severally absolutely, unconditionally and irrevocably undertakes to provide such funds or other support as may be needed from time to time by each other Loan Party to honor all of its obligations under this Guaranty in respect of Swap Obligations (provided, however, that each Qualified ECP Guarantor shall only be liable under this Section 11.11 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this Section 11.11, or otherwise under this Guarantee, voidable under applicable Law law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor under this Section 11.11 shall remain in full force and effect until all Commitments hereunder have terminated, and all Loans or other Obligations hereunder which are accrued and payable have been paid or satisfied (other than Cash Management Obligations and Obligations arising under any Secured Hedge Agreement), and no Letter of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory to the applicable L/C Issuer has been put in place). Each Qualified ECP Guarantor intends that this Section 11.11 constitute, and this Section 11.11 shall be deemed to constitute, a “keepwell, support, or other agreement” for the benefit of each other Loan Party for all purposes of Section 1a(18)(A)(v)(II) of the Commodity Exchange Act.. Credit Suisse AG, Cayman Islands Branch JPMorgan Chase Bank, N.A. KeyBank National Association Truist Bank

Appears in 1 contract

Sources: Credit Agreement (Blucora, Inc.)

Keepwell. (a) Each Loan Party that is a Qualified ECP Guarantor at the time the Guaranty or the grant of the security interest under the Loan Documents, in each case, by any Specified Loan Party, becomes effective with respect to any Swap Obligation, hereby jointly and severally absolutely, unconditionally and irrevocably undertakes to provide such funds or other support to each Specified Loan Party with respect to such Swap Obligation as may be needed by such Specified Loan Party from time to time by each other Loan Party to honor all of its obligations under this Guaranty and the other Loan Documents in respect of Swap Obligations (provided, however, that each Qualified ECP Guarantor shall only be liable under this Section 11.11 2.08 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this Section 11.112.08, or otherwise under this GuaranteeGuaranty, voidable under applicable Law law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor under this Section 11.11 shall remain in full force and effect with respect to such Qualified ECP Guarantor until all Commitments hereunder have terminated, and all Loans the termination of this Agreement in accordance with Section 4.13 or other Obligations hereunder which are accrued and payable have been paid or satisfied (other than Cash Management Obligations and Obligations arising under any Secured Hedge the release of such Guarantor in accordance Section 9.11 of the Credit Agreement), and no Letter of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory to the applicable L/C Issuer has been put in place). Each Qualified ECP Guarantor intends that this Section 11.11 2.08 constitute, and this Section 11.11 2.08 shall be deemed to constitute, a “keepwell, support, or other agreement” for the benefit of each other Specified Loan Party for all purposes of Section 1a(18)(A)(v)(II) of the Commodity Exchange Act. (b) Notwithstanding anything to the contrary contained in this Agreement or any provision of any other Loan Document, the Obligations guaranteed hereunder by any Guarantor shall not include obligations in respect of any Excluded Swap Obligation with respect to that Guarantor. The liability of a Guarantor for any amount payable under the netting provisions of Section 6(e) of an ISDA Master Agreement with respect to any “Terminated Transactions” under and as defined therein shall exclude amounts attributable to Excluded Swap Obligations with respect to such Guarantor.”

Appears in 1 contract

Sources: Credit Agreement (Corporate Executive Board Co)

Keepwell. Each Qualified ECP Guarantor hereby jointly and severally absolutely, unconditionally unconditionally, and irrevocably undertakes to provide such funds or other support as may be needed from time to time by each other Loan Party to honor all of its obligations under this Guaranty Agreement in respect of any Swap Obligations Obligation (provided, however, that each Qualified ECP Guarantor shall only be liable under this Section 11.11 32 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this Section 11.1132, or otherwise under this GuaranteeGuaranty Agreement, voidable under applicable Law law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor under this Section 11.11 32 shall remain in full force and effect until all Commitments hereunder have terminated, the payment in full and all Loans or other Obligations hereunder which are accrued and payable have been paid or satisfied (other than Cash Management Obligations and Obligations arising under any Secured Hedge Agreement), and no Letter discharge of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory to the applicable L/C Issuer has been put in place)guaranteed under this Guaranty Agreement. Each Qualified ECP Guarantor intends that this Section 11.11 32 constitute, and this Section 11.11 32 shall be deemed to constitute, a GUARANTY AGREEMENT, Page 8 “keepwell, support, or other agreement” for the benefit of each other Loan Party for all purposes of Section section 1a(18)(A)(v)(II) of the Commodity Exchange Act. EXECUTED as of the date first written above. IHS Inc. IHS Holding Inc. IHS CERA LLC ▇. ▇. ▇▇▇▇ & Co. CARFAX, Inc. By: ▇▇▇▇▇▇▇ ▇▇▇▇▇, Executive Vice President, Legal & Secretary of each Guarantor GUARANTY AGREEMENT, Page 9 EXHIBIT "A" to GUARANTY AGREEMENT, Cover Page This SUBSIDIARY JOINDER AGREEMENT (the "Agreement") dated as of ____________________, ____ is executed by the undersigned (the "Guarantor") for the benefit of JPMORGAN CHASE BANK, N.A., in its capacity as administrative agent for the lenders party to the hereafter identified Credit Agreement (in such capacity herein, the "Administrative Agent") and for the benefit of the other Credit Parties in connection with that certain Credit Agreement dated as of [ ], 2013 among IHS Inc., IHS Global Inc., the lenders and agents party thereto and the Administrative Agent (such Credit Agreement, as it may hereafter be amended or otherwise modified from time to time, being hereinafter referred to as the "Credit Agreement", and capitalized terms not otherwise defined herein shall have the same meaning as set forth in the Credit Agreement). The Guarantor is required to execute this Agreement pursuant to Section 5.09 of the Credit Agreement.

Appears in 1 contract

Sources: Credit Agreement (IHS Inc.)

Keepwell. Each Credit Party that is a Qualified ECP Guarantor at the time the Guaranty in this Article XI by any Credit Party that is not then an “eligible contract participant” under the Commodity Exchange Act (a “Specified Loan Party”) becomes effective with respect to any Obligation under any Swap Contract, hereby jointly and severally severally, absolutely, unconditionally and irrevocably undertakes to provide such funds or other support to each Specified Loan Party with respect to such Obligation as may be needed by such Specified Loan Party from time to time by each other Loan Party to honor all of its obligations under this Guaranty the Loan Documents in respect of Swap Obligations such Obligation (providedbut, howeverin each case, that each Qualified ECP Guarantor shall only be liable under this Section 11.11 for up to the maximum amount of such liability that can be hereby incurred without rendering its such Qualified ECP Guarantor’s obligations and undertakings under this Section 11.11, or otherwise under this Guarantee, Article XI voidable under any applicable Law relating to fraudulent conveyance or fraudulent transferDebtor Relief Laws, and not for any greater amount). The obligations and undertakings of each Qualified ECP Guarantor applicable Credit Party under this Section 11.11 shall remain in full force and effect until all Commitments hereunder have terminated, and all Loans or other of the Obligations hereunder which are accrued and payable have been irrevocably paid or satisfied (other than Cash Management Obligations and Obligations arising under any Secured Hedge Agreement), and no Letter of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory to the applicable L/C Issuer has been put performed in place)full. Each Qualified ECP Guarantor Credit Party intends that this Section 11.11 to constitute, and this Section 11.11 shall be deemed to constitute, a “keepwell, support, or other agreement” for the benefit of each other Loan Credit Party that would otherwise not constitute an Eligible Contract Participant for any Obligation under any Swap Contract for all purposes of Section 1a(18)(A)(v)(II) of the Commodity Exchange Act. Each of the parties hereto has caused a counterpart of this Agreement to be duly executed as of the date first above written. BORROWERS: SABRA HEALTH CARE LIMITED PARTNERSHIP, a Delaware limited partnership By: Sabra Health Care REIT, Inc., a Maryland corporation, its general partner By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, ▇▇. Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, ▇▇. Title: Chief Financial Officer SABRA CANADIAN HOLDINGS, LLC, a Delaware limited liability company By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, ▇▇. Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, ▇▇. Title: Chief Financial Officer REIT GUARANTOR: SABRA HEALTH CARE REIT, INC., a Maryland corporation By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, ▇▇. Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, ▇▇. Title: Chief Financial Officer GUARANTORS: BAY TREE NURSING CENTER, LLC, OAKHURST MANOR NURSING CENTER LLC, ORCHARD RIDGE NURSING CENTER LLC, SUNSET POINT NURSING CENTER LLC, and WEST BAY NURSING CENTER LLC, each a Massachusetts limited liability company By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, ▇▇. Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, ▇▇. Title: Chief Financial Officer C.H.P. LIMITED LIABILITY COMPANY, C.H.R. LIMITED LIABILITY COMPANY, and DJB REALTY L.L.C., each a New Hampshire limited liability company By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, ▇▇. Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, ▇▇. Title: Chief Financial Officer HHC 1998-I TRUST, a Massachusetts business trust By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, ▇▇. Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, ▇▇. Title: As Trustee and not individually SABRA CA HOLDCO, INC., a British Columbia corporation By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, ▇▇. Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, ▇▇. Title: Chief Financial Officer ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, LLC, ▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, LLC, CONNECTICUT HOLDINGS I, LLC, KENTUCKY HOLDINGS I, LLC, NEW HAMPSHIRE HOLDINGS, LLC, NORTHWEST HOLDINGS I, LLC, RESERVOIR REAL ESTATE HOLDINGS, LLC SABRA 1717 PREFERRED EQUITY, LLC, ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ PREFERRED EQUITY, LLC, SABRA BEAVERCREEK PREFERRED EQUITY, LLC, SABRA CALIFORNIA II, LLC, SABRA CLARKSVILLE PREFERRED EQUITY, LLC, SABRA CONNECTICUT II, LLC, SABRA DEERFIELD PREFERRED EQUITY, LLC, SABRA HAGERSTOWN, LLC, SABRA HEALTH CARE FRANKENMUTH, LLC, SABRA HEALTH CARE HOLDINGS I, LLC, SABRA HEALTH CARE HOLDINGS II, LLC, SABRA HEALTH CARE HOLDINGS III, LLC, SABRA HEALTH CARE HOLDINGS IV, LLC, SABRA HEALTH CARE HOLDINGS VI, LLC, SABRA HEALTH CARE NORTHEAST, LLC, SABRA HEALTH CARE PENNSYLVANIA, LLC, SABRA HEALTH CARE VIRGINIA, LLC, SABRA HEALTH CARE ▇▇▇▇▇▇▇▇ ▇▇, LLC, SABRA HEALTH CARE, L.L.C., SABRA HEALTH CARE DELAWARE, LLC, SABRA IDAHO, LLC, SABRA KENTUCKY, LLC, ▇▇▇▇▇ ▇▇▇▇ DRIVE, LLC, ▇▇▇▇▇ ▇▇▇▇▇▇▇ PREFERRED EQUITY, LLC, SABRA MCCORDSVILLE PREFERRED EQUITY, LLC, SABRA MICHIGAN, LLC, SABRA MONTANA, LLC, SABRA NEW BRAUNFELS PREFERRED EQUITY, LLC, SABRA NEW MEXICO, LLC, and SABRA NEW MEXICO II, LLC, each a Delaware limited liability company By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, ▇▇. Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, ▇▇. Title: Chief Financial Officer SABRA NORTH CAROLINA GP, LLC, SABRA OHIO, LLC, SABRA PHOENIX TRS VENTURE, LLC, SABRA PHOENIX TRS VENTURE II, LLC, SABRA PHOENIX WISCONSIN, LLC, and SABRA TRS HOLDINGS, LLC, each a Delaware limited liability company By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, ▇▇. Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, ▇▇. Title: Chief Financial Officer SABRA CANADIAN GP I INC., a British Columbia corporation By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, ▇▇. Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, ▇▇. Title: Chief Financial Officer SBRAREIT CANADIAN GP V INC., a Nova Scotia corporation By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, ▇▇. Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, ▇▇. Title: Chief Financial Officer SABRA CANADIAN PROPERTIES I, LIMITED PARTNERSHIP, a British Columbia limited partnership By: SABRA CANADIAN GP I INC., a British Columbia corporation, its general partner By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, ▇▇. Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, ▇▇. Title: Chief Financial Officer SABRA COLORADO, LLC, a Nevada limited liability company By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, ▇▇. Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, ▇▇. Title: Chief Financial Officer SBRAREIT CANADIAN PROPERTIES V, LIMITED PARTNERSHIP, an Alberta limited partnership By: SBRAREIT CANADIAN GP V INC., a Nova Scotia corporation, its general partner By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, ▇▇. Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, ▇▇. Title: Chief Financial Officer SABRA NORTH CAROLINA, L.P., a Delaware limited partnership By: SABRA NORTH CAROLINA GP, LLC, a Delaware limited liability company, its general partner By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, ▇▇. Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, ▇▇. Title: Chief Financial Officer SABRA TEXAS GP, LLC, and SABRA TEXAS HOLDINGS GP, LLC, each a Texas limited liability company By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, ▇▇. Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, ▇▇. Title: Chief Financial Officer SABRA TEXAS HOLDINGS, L.P., a Texas limited partnership By: SABRA TEXAS HOLDINGS GP, LLC, a Texas limited liability company, its general partner By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, ▇▇. Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, ▇▇. Title: Chief Financial Officer SABRA TEXAS PROPERTIES, L.P., SABRA TEXAS PROPERTIES II, L.P., SABRA TEXAS PROPERTIES III, L.P., and SABRA TEXAS PROPERTIES IV, L.P., each a Texas limited partnership By: SABRA TEXAS GP, LLC, a Texas limited liability company, its general partner By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, ▇▇. Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, ▇▇. Title: Chief Financial Officer ▇▇ ▇▇▇▇▇▇▇▇ CITY, LLC, a Georgia limited liability company By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, ▇▇. Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, ▇▇. Title: Chief Financial Officer SB NEW MARTINSVILLE, LLC, a West Virginia limited liability company By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, ▇▇. Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, ▇▇. Title: Chief Financial Officer SABRA HEALTH CARE INVESTMENTS, LP, a Delaware limited partnership By: SABRA PHOENIX TRS VENTURE, LLC, a Delaware limited liability company, its general partner By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, ▇▇. Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, ▇▇. Title: Chief Financial Officer BANK OF AMERICA, N.A., as Administrative Agent By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: Vice President BANK OF AMERICA, N.A., as a Lender, a Swing Line Lender and an L/C Issuer By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇ Title: Director CITIZENS BANK, NATIONAL ASSOCIATION, as a Lender, a Swing Line Lender and an L/C Issuer By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇▇ Title: Senior Vice President CREDIT AGRICOLE CORPORATE AND INVESTMENT BANK, as a Lender, a Swing Line Lender and an L/C Issuer By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: Managing Director By: /s/ ▇▇▇▇▇▇ ▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇ Title: Director ▇▇▇▇▇ FARGO BANK N.A., as a Lender, a Swing Line Lender and an L/C Issuer By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Director ▇▇▇▇▇ FARGO BANK N.A., CANADIAN BRANCH, as a Lender and an L/C Issuer By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Vice President BMO ▇▇▇▇▇▇ BANK, N.A., as a Lender By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Managing Director THE BANK OF TOKYO-MITSUBISHI UFJ, LTD., as a Lender By: /s/ ▇▇▇▇▇ ▇’▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇’▇▇▇▇▇▇▇ Title: Director BARCLAYS BANK PLC, as a Lender By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Title: Vice President COMPASS BANK, as a Lender By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Senior Vice President CITIBANK, N.A., as a Lender By: /s/ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Title: Vice President JPMORGAN CHASE BANK, N.A., as a Lender By: /s/ ▇▇▇▇ ▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇ Title: Executive Director SUMITOMO MITSUI BANKING CORPORATION, as a Lender By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ Title: General Manager SUNTRUST BANK, as a Lender By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Vice President UBS AG, STAMFORD BRANCH, as a Lender By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇ Title: Associate Director By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇ Title: Director THE BANK OF NOVA SCOTIA, as a Lender By: /s/ ▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ Title: Director & Execution Head FIFTH THIRD BANK, AN OHIO CORPORATION, as a Lender By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Title: Vice President MIZUHO BANK, LTD., as a Lender By: /s/ ▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇ Title: Authorized Signatory ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ BANK, N.A., as a Lender By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇ Title: Authorized Signatory BANK OF THE WEST, A CALIFORNIA BANKING CORPORATION, as a Lender By: /s/ ▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇ ▇▇▇▇▇▇ Title: Vice President REGIONS BANK, as a Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ Title: Senior Vice President THE HUNTINGTON NATIONAL BANK, as a Lender By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Senior Vice President ▇▇▇▇▇▇▇ ▇▇▇▇▇ BANK, N.A., as a Lender By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇ Title: SVP – CRE Lending Manager FIRST COMMERCIAL BANK, LTD., A REPUBLIC OF CHINA BANK ACTING THROUGH ITS LOS ANGELES BRANCH, as a Lender By: /s/ Yuan-Gan Ju Name: Yuan-Gan Ju Title: Senior Vice President & General Manager LAND BANK OF TAIWAN, NEW YORK BRANCH, as a Lender By: /s/ ▇▇▇▇▇▇ ▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇ Title: General Manager BANK OF TAIWAN, NEW YORK BRANCH, as a Lender By: /s/ ▇▇▇-▇▇ ▇▇▇▇ Name: ▇▇▇-▇▇ ▇▇▇▇ Title: VP & General Manager CTBC BANK CO., LTD. NEW YORK BRANCH, as a Lender By: /s/ ▇▇▇▇▇ ▇▇ Name: ▇▇▇▇▇ ▇▇ Title: SVP & General Manager STIFEL BANK & TRUST, as a Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇, ▇▇. Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇, ▇▇. Title: Senior Vice President MEGA INTERNATIONAL COMMERCIAL BANK CO., LTD. NEW YORK BRANCH, AS a Lender By: /s/ Ming – ▇▇▇ ▇▇▇▇ Name: Ming – ▇▇▇ ▇▇▇▇ Title: VP & DGM

Appears in 1 contract

Sources: Credit Agreement (Sabra Health Care REIT, Inc.)

Keepwell. Each Subsidiary Guarantor that is a Qualified ECP Guarantor at the time this Subsidiary Guaranty Agreement or the grant of the security interest under the Loan Documents, in each case, by any Specified Loan Party, becomes effective with respect to any Swap Obligation, hereby jointly and severally severally, absolutely, unconditionally and irrevocably undertakes to provide such funds or other support to each Specified Loan Party with respect to such Swap Obligation as may be needed by such Specified Loan Party from time to time by each other Loan Party to honor all of its obligations under the Loan Documents (including this Subsidiary Guaranty Agreement) in respect of such Swap Obligations Obligation (providedbut, howeverin each case, that each Qualified ECP Guarantor shall only be liable under this Section 11.11 for up to the maximum amount of such liability that can be hereby incurred without rendering its such Subsidiary Guarantor’s obligations and undertakings under this Section 11.11, or otherwise under this Guarantee, 28 voidable under applicable Law law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations and undertakings of each Subsidiary Guarantor that is a Qualified ECP Guarantor under this Section 11.11 shall remain in full force and effect until all Commitments hereunder have terminated, and all Loans or other the Obligations hereunder which are accrued and payable have been indefeasibly paid or satisfied (other than Cash Management Obligations and Obligations arising under any Secured Hedge Agreement), and no Letter of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory to the applicable L/C Issuer has been put performed in place)full. Each Subsidiary Guarantor that is a Qualified ECP Guarantor intends that this Section 11.11 to constitute, and this Section 11.11 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of of, each other Specified Loan Party for all purposes of Section 1a(18)(A)(v)(II) of the Commodity Exchange Act. The amendments to the Subsidiary Guaranty are limited to the extent specifically set forth above and no other terms, covenants or provisions of the Loan Documents are intended to be affected hereby.

Appears in 1 contract

Sources: Credit Agreement (Mastec Inc)

Keepwell. Each Loan Party that is a Qualified ECP Guarantor (defined below) at the time any guarantee by any Specified Loan Party (defined below) becomes effective with respect to any Swap Obligation, hereby jointly and severally severally, absolutely, unconditionally and irrevocably undertakes to provide such funds or other support to each Specified Loan Party with respect to such Swap Obligations as may be needed from time to time by each other such Specified Loan Party to honor all of its obligations under this Subsidiary Guaranty in respect of such Swap Obligations (providedbut, howeverin each case, that each Qualified ECP Guarantor shall only be liable under this Section 11.11 for up to the maximum amount of such liability that can be hereby incurred without rendering its such Qualified ECP Guarantor’s obligations and undertakings under this Section 11.11, or otherwise under this Guarantee, Subsidiary Guaranty voidable under applicable Law law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The Subject to Section 13, the obligations of each Qualified ECP Guarantor under this Section 11.11 shall remain in full force and effect until all (i) the Aggregate Commitments hereunder have terminated, and (ii) all Loans or other Obligations hereunder which are accrued and payable have been paid or satisfied in full (other than (x) contingent indemnification obligations and (y) obligations and liabilities under Cash Management Obligations Agreements and Obligations arising under any Secured Hedge Agreement), and no Letter of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of Agreements as to which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit arrangements reasonably satisfactory to the applicable Cash Management Bank or Hedge Bank have been made) and (iii) all Letters of Credit have terminated or expired (other than Letters of Credit as to which other arrangements with respect thereto reasonably satisfactory to the Administrative Agent and the L/C Issuer has shall have been put in placemade). Each Qualified ECP Guarantor intends that this Section 11.11 constitute, and this Section 11.11 shall be deemed to constitute, a “keepwell, support, support or other agreement” for the benefit of each other Specified Loan Party for all purposes of Section § 1a(18)(A)(v)(II) of the Commodity Exchange Act. For purposes of this Section, (i) “Qualified ECP Guarantor” means, in respect of any Swap Obligation, each Loan Party with total assets exceeding $10,000,000 or that qualifies at such time as an “eligible contract participant” under the Commodity Exchange Act or any regulations promulgated thereunder at the time the relevant guarantee becomes effective with respect to such Swap Obligation and can cause another person to qualify as an “eligible contract participant” at such time under § 1a(18)(A)(v)(II) of the Commodity Exchange Act; and (ii) “Specified Loan Party” means any Loan Party that is not then an “eligible contract participant” under the Commodity Exchange Act or any regulations promulgated thereunder (determined prior to giving effect to this Section 29).

Appears in 1 contract

Sources: Credit Agreement (Urs Corp /New/)

Keepwell. Each Loan Party that is a Qualified ECP Guarantor at the time the Guaranty or the grant of the security interest under the Loan Documents, in each case, by any Specified Loan Party, becomes effective with respect to any Swap Obligation, hereby jointly and severally severally, absolutely, unconditionally and irrevocably undertakes to provide such funds or other support to each Specified Loan Party with respect to such Swap Obligation as may be needed by such Specified Loan Party from time to time by each other Loan Party to honor all of its obligations under this Guaranty and the other Loan Documents in respect of such Swap Obligations Obligation (providedbut, howeverin each case, that each Qualified ECP Guarantor shall only be liable under this Section 11.11 for up to the maximum amount of such liability that can be hereby incurred without rendering its such Qualified ECP Guarantor’s obligations and undertakings under this Section 11.11, or otherwise under this Guarantee, Article IV voidable under applicable Law law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations and undertakings of each Qualified ECP Guarantor under this Section 11.11 shall remain in full force and effect until all Commitments hereunder have terminated, and all Loans or other the Obligations hereunder which are accrued and payable have been indefeasibly paid or satisfied (other than Cash Management Obligations and Obligations arising under any Secured Hedge Agreement), and no Letter of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory to the applicable L/C Issuer has been put performed in place)full. Each Qualified ECP Guarantor intends that this Section 11.11 to constitute, and this Section 11.11 shall be deemed to constitute, a “keepwell, support, or other agreement” for the benefit of of, each other Specified Loan Party for all purposes of Section 1a(18)(A)(v)(II) of the Commodity Exchange Act. (o) Section 8.01(a) of the Credit Agreement is hereby amended by deleting the words “; provided that any Debt under Section 2.01(b) shall be incurred under clause (i) below”. (p) Section 8.01(i) of the Credit Agreement is hereby amended by replacing it with the following: “(x) Debt under Secured Hedge Agreements or Secured Cash Management Agreements in an aggregate amount not to exceed $100,000,000 at any time or (y) Debt (secured or unsecured) at Subsidiaries that are not Guarantors, so long as all Debt outstanding pursuant to this clause (i) shall not exceed $400,000,000 in the aggregate at any time”. (q) Section 8.06(u) of the Credit Agreement is hereby amended by deleting the words “so long as if such Debt is not under the Loan Documents or a Secured Cash Management Agreement or a Secured Hedge Agreement such Liens are subject to an Intercreditor Agreement reasonably satisfactory to the Administrative Agent”. (r) Section 9.03(a) of the Credit Agreement is hereby amended by adding the following to the end thereof: Excluded Swap Obligations with respect to any Guarantor shall not be paid with amounts received from such Guarantor or its assets, but appropriate adjustments shall be made with respect to payments from other Loan Parties to preserve the allocation to Secured Obligations otherwise set forth above in this Section. (s) Section 11.07 of the Credit Agreement is hereby amended by deleting the words “2.01(b) or” in clause (f)(i) thereof. (t) Section 11.17 of the Credit Agreement is hereby amended by replacing it with the following:

Appears in 1 contract

Sources: Credit Agreement (RR Donnelley & Sons Co)

Keepwell. Each Qualified ECP Guarantor (as defined below) hereby jointly and severally severally, absolutely, unconditionally and irrevocably undertakes to provide such funds or and other support as may be needed from time to time by each other Loan Borrower Party to honor all of its obligations under this Guaranty Agreement and the other Loan Documents in respect of Swap Obligations (provided, however, that each Qualified ECP Guarantor shall only be liable under this Section 11.11 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this Section 11.11Section, or otherwise under this GuaranteeAgreement or any other Loan Document, voidable under applicable Law relating to fraudulent conveyance or fraudulent transfer, Bankruptcy Laws and not for any greater amount). The obligations of each Qualified ECP Guarantor under this Section 11.11 shall remain in full force and effect until all Commitments hereunder have terminated, and all Loans or of the Credit Agreement Obligations (other Obligations hereunder which are accrued and payable than contingent indemnification obligations not then due) shall have been paid in full in cash, all Letters of Credit have been terminated or satisfied expired (other than or been Cash Management Obligations and Obligations arising under any Secured Hedge AgreementCollateralized), and no Letter of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory to the applicable L/C Issuer has been put in place)Commitments terminated. Each Qualified ECP Guarantor intends that this Section 11.11 constitute, and this Section 11.11 shall be deemed to constitute, a “keepwell, support, support or other agreement” for the benefit of each other Loan Borrower Party for all purposes of Section 1a(18)(A)(v)(II) of the Commodity Exchange Act. For purposes of this Section, “Qualified ECP Guarantor” means, in respect of any Swap Obligation, each Borrower Party that has total assets exceeding $10,000,000 at the time the relevant guarantee or grant of the relevant security interest becomes effective with respect to such Swap Obligation or such other Person as constitutes an “eligible contract participant” under the Commodity Exchange Act or any regulations promulgated thereunder and can cause another Person to qualify as an “eligible contract participant” at such time by entering into a keepwell under Section 1a(18)(A)(v)(II) of the Commodity Exchange Act.

Appears in 1 contract

Sources: Credit Agreement (KMG Chemicals Inc)

Keepwell. Each Qualified ECP Guarantor Loan Party hereby jointly and severally absolutely, unconditionally and irrevocably undertakes to provide such funds or other support as may be needed from time to time by each other Loan Party in order for such Loan Party to honor all of its guaranty obligations under this Guaranty Agreement, or other Loan Documents, in each case, in respect of Swap Obligations of a Loan Party (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 11.11 10.17 [Keepwell] for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this Section 11.1110.17 [Keepwell], or otherwise under this GuaranteeAgreement or any Loan Document, as it relates to such other Loan Parties, voidable under applicable Law law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 11.11 10.17 [Keepwell] shall remain in full force and effect until performance in full of all Commitments hereunder have terminatedLender Provided Interest Rate ▇▇▇▇▇▇ entered into from time to time by any Loan Party prior to the date on which all Obligations are paid in full to the Lenders, the Administrative Agent, and all Loans or other Obligations hereunder which of the Lenders’ Commitments are accrued and payable have been paid or satisfied (other than Cash Management Obligations and Obligations arising under any Secured Hedge Agreement), and no Letter of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory to the applicable L/C Issuer has been put in place)terminated. Each The Qualified ECP Guarantor intends Loan Parties intend that this Section 11.11 constitute10.17 [Keepwell] constitutes, and this Section 11.11 10.17 [Keepwell] shall be deemed to constitute, a “keepwell, support, or other agreement” for the benefit of each other Loan Party for all purposes of Section 1a(18)(A)(v)(II) of the Commodity Exchange Act. Notwithstanding the provisions of this Section 10.17, this Section 10.17 does not constitute and shall not be construed as a guaranty by any Loan Party hereto, or an undertaking by any Loan Party with respect to, any obligation which Allegheny Technologies Incorporated may have under this Section 10.17. 10. Schedule 1.1(A) to the Credit Agreement is hereby deleted in its entirety and in its stead is inserted Schedule 1.1(A) attached hereto. 11. The provisions of Sections 2 through 10 of this Sixth Amendment shall not become effective until the Administrative Agent has received the following items, each in form and substance acceptable to the Administrative Agent and its counsel: (a) this Sixth Amendment, duly executed by each of the Loan Parties and the Lenders; (b) payment of all fees and expenses owed to the Lenders, the Administrative Agent, and the Administrative Agent’s counsel in connection with this Sixth Amendment and the Credit Agreement (including, without limitation, any such fees and expenses payable pursuant to any fee letter entered into between the Borrowers and the Administrative Agent in connection herewith); and (c) such other documents as may be reasonably requested by the Administrative Agent. 12. Each Loan Party hereby reconfirms and reaffirms all representations and warranties, agreements and covenants made by it pursuant to the terms and conditions of the Credit Agreement, except as such representations and warranties, agreements and covenants may have heretofore been amended, modified or waived in writing in accordance with the Credit Agreement. 13. Each Loan Party acknowledges and agrees that each and every document, instrument or agreement, which at any time has secured the Obligations including, without limitation, the Guaranty Agreements, hereby continues to secure the Obligations. 14. Each Loan Party hereby represents and warrants to the Lenders and the Administrative Agent that (i) such Loan Party has the legal power and authority to execute and deliver this Sixth Amendment, (ii) the officers of such Loan Party executing this Sixth Amendment have been duly authorized to execute and deliver the same and bind such Loan Party with respect to the provisions hereof, (iii) the execution and delivery hereof by such Loan Party and the performance and observance by such Loan Party of the provisions hereof and of the Credit Agreement and all documents executed or to be executed in connection herewith or therewith, do not violate or conflict with the organizational agreements of such Loan Party or any law applicable to such Loan Party or result in a breach of any provision of or constitute a default under any other agreement, instrument or document binding upon or enforceable against such Loan Party, and (iv) this Sixth Amendment, the Credit Agreement and the documents executed or to be executed by such Loan Party in connection herewith or therewith constitute legal, valid and binding obligations of such Loan Party in every respect, enforceable in accordance with their respective terms. 15. Each Loan Party represents and warrants that (i) no Event of Default exists under the Credit Agreement, nor will any occur as a result of the execution and delivery of this Sixth Amendment or the performance or observance of any provision hereof, (ii) the schedules attached to and made a part of the Credit Agreement, are true and correct in all material respects as of the date hereof, except as such schedules may have heretofore been amended or modified or updated in writing in accordance with the Credit Agreement, and (iii) it presently has no known claims or actions of any kind at law or in equity against any Lender or the Administrative Agent arising out of or in any way relating to the Credit Agreement or the other Loan Documents. 16. Each reference to the Credit Agreement that is made in the Credit Agreement or any other document executed or to be executed in connection therewith shall hereafter be construed as a reference to the Credit Agreement as amended hereby. 17. The agreements contained in this Sixth Amendment are limited to the specific agreements made herein. Except as amended hereby, all of the terms and conditions of the Credit Agreement and the other Loan Documents shall remain in full force and effect. This Sixth Amendment amends the Credit Agreement and is not a novation thereof. 18. This Sixth Amendment may be executed in any number of counterparts and by the different parties hereto on separate counterparts each of which, when so executed, shall be deemed to be an original, but all such counterparts shall constitute but one and the same instrument. 19. This Sixth Amendment shall be governed by, and shall be construed and enforced in accordance with, the Laws of the Commonwealth of Pennsylvania without regard to the principles of the conflicts of law thereof. Each Loan Party hereby consents to the jurisdiction and venue of the Court of Common Pleas of Allegheny County, Pennsylvania and the United States District Court for the Western District of Pennsylvania with respect to any suit arising out of or mentioning this Sixth Amendment.

Appears in 1 contract

Sources: Credit Agreement (Allegheny Technologies Inc)

Keepwell. Each Qualified ECP Guarantor hereby jointly and severally absolutely, unconditionally and irrevocably undertakes to provide such funds or other support as may be needed from time to time by each other Loan Credit Party to honor all of its obligations under this Guaranty in respect of Swap Obligations (provided, however, that each Qualified ECP Guarantor shall only be liable under this Section 11.11 19 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this Section 11.1119, or otherwise under this GuaranteeGuaranty, voidable under applicable Law law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor under this Section 11.11 shall remain in full force and effect until all Commitments hereunder have terminated, and all Loans or other Obligations hereunder which are accrued and payable have been paid or satisfied (other than Cash Management Obligations and Obligations arising under any Secured Hedge Agreement), and no Letter the Payment in Full of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory to the applicable L/C Issuer has been put in place)Obligations. Each Qualified ECP Guarantor intends that this Section 11.11 19 constitute, and this Section 11.11 19 shall be deemed to constitute, a “keepwell, support, or other agreement” for the benefit of each other Loan Credit Party for all purposes of Section 1a(18)(A)(v)(II) of the Commodity Exchange Act. Each Guarantor has caused this Guaranty to be duly executed as of the date first above written. GUARANTOR: By: /s/ ▇▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇ Title: Executive Vice President and Chief Financial Officer SUPPLEMENT NO. ____ dated as of ______________(the “Supplement”), to the Guaranty Agreement dated as of July 31, 2017 (as amended, supplemented, amended and restated or otherwise modified from time to time, the “Guaranty Agreement”), executed by ▇▇▇▇▇ Petroleum Company, LLC and ▇▇▇▇▇ Petroleum Corporation, (the “Guarantors”) and ▇▇▇▇▇ Fargo Bank, National Association, as Administrative Agent (in such capacity, the “Administrative Agent”) for the benefit of the Secured Parties (as defined in the Credit Agreement referred to herein). A. Reference is made to the Credit Agreement dated as of July 31, 2017 (as amended, supplemented, amended and restated or otherwise modified from time to time, the “Credit Agreement”), among ▇▇▇▇▇ Petroleum Company, LLC, a Delaware limited liability company (the “Borrower”), ▇▇▇▇▇ Petroleum Corporation, a Delaware corporation, the lenders from time to time party thereto (the “Lenders”), the Administrative Agent, and ▇▇▇▇▇ Fargo Bank, National Association, as the issuing lender (the “Issuing Lender”). B. Capitalized terms used herein and not otherwise defined herein shall have the meanings assigned to such terms in the Guaranty Agreement or the Credit Agreement, as applicable. C. The Guarantors have entered into the Guaranty Agreement in order to induce the Lenders to make Advances and the Issuing Lender to issue Letters of Credit. Section 17 of the Guaranty Agreement provides that additional Affiliates of the Borrower may become Guarantors under the Guaranty Agreement by execution and delivery of an instrument in the form of this Supplement. The undersigned Affilaite of the Borrower (the “New Guarantor”) is executing this Supplement in accordance with the requirements of the Credit Agreement to become a Guarantor under the Guaranty Agreement in order to induce the Lenders to make additional Advances and the Issuing Lender to issue additional Letters of Credit and as consideration for Advances previously made and Letters of Credit previously issued. Accordingly, the Administrative Agent and the New Guarantor agree as follows: SECTION 1. In accordance with Section 17 of the Guaranty Agreement, the New Guarantor by its signature below becomes a Guarantor under the Guaranty Agreement with the same force and effect as if originally named therein as a Guarantor and the New Guarantor hereby (a) agrees to all the terms and provisions of the Guaranty Agreement applicable to it as a Guarantor thereunder and (b) represents and warrants that the representations and warranties made by it as a Guarantor thereunder are true and correct in all material respects on and as of the date hereof (except that such materiality qualifier shall not be applicable to any representations and warranties that already are qualified or modified by materiality in the text thereof). Each reference to a “Guarantor” in the Guaranty Agreement shall be deemed to include the New Guarantor. The Guaranty Agreement is hereby incorporated herein by reference.

Appears in 1 contract

Sources: Guaranty Agreement (Berry Petroleum Corp)

Keepwell. Each Qualified ECP Guarantor hereby jointly and severally absolutely, unconditionally and irrevocably undertakes to provide such funds or other support as may be needed from time to time by each other Loan Party to honor all of its obligations under this Guaranty in respect of Swap Obligations (provided, however, that each Qualified ECP Guarantor shall only be liable under this Section 11.11 3.15 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this Section 11.113.15, or otherwise under this GuaranteeGuaranty, voidable under applicable Law law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor under this Section 11.11 3.15 shall remain in full force and effect until all Commitments hereunder under the Credit Agreement have terminated, and all Loans or other Obligations hereunder thereunder which are accrued and payable have been paid or satisfied (other than Cash Management Obligations and Obligations arising under any Secured Hedge AgreementHedging Agreement and other than inchoate indemnification obligations and any unasserted expense reimbursement obligations), and no Letter of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of which the Obligations related thereto has been Cash Collateralized cash collateralized or for which a backstop letter of credit reasonably satisfactory to the applicable L/C Issuer Issuing Bank has been put in place). Each Qualified ECP Guarantor intends that this Section 11.11 3.15 constitute, and this Section 11.11 3.15 shall be deemed to constitute, a “keepwell, support, or other agreement” for the benefit of each other Loan Party for all purposes of Section 1a(18)(A)(v)(II) of the Commodity Exchange Act.

Appears in 1 contract

Sources: Credit Agreement (Alliance HealthCare Services, Inc)

Keepwell. Each Qualified ECP Guarantor (as defined below) hereby jointly and severally severally, absolutely, unconditionally and irrevocably undertakes to provide such funds or and other support as may be needed from time to time by each other Loan Party to honor all of its obligations under this Guaranty and the other Loan Documents in respect of Swap Obligations obligations pursuant to such Hedge Agreement (provided, however, that each Qualified ECP Guarantor shall only be liable under this Section 11.11 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this Section 11.11Section, or otherwise under this GuaranteeAgreement or any other Loan Document, voidable under applicable Law relating to fraudulent conveyance or fraudulent transfer, Debtor Relief Laws and not for any greater amount). The Subject to Section 3.5, the obligations of each Qualified ECP Guarantor under this Section 11.11 shall remain in full force and effect until all Commitments hereunder have terminated, of the Guarantied Obligations and all Loans or other Obligations hereunder which are accrued and payable the obligations of the Guarantors shall have been paid or satisfied (other than Cash Management Obligations in full in cash and Obligations arising under any Secured Hedge Agreement), and no Letter of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory to the applicable L/C Issuer has been put in place)Commitments terminated. Each Qualified ECP Guarantor intends that this Section 11.11 constitute, and this Section 11.11 shall be deemed to constitute, a “keepwell, support, support or other agreement” for the benefit of each other Loan Party for all purposes of Section 1a(18)(A)(v)(II) of the Commodity Exchange Act. For purposes of this Section, “Qualified ECP Guarantor” means, in respect of any Hedge Agreement, each Loan Party that has total assets exceeding $10,000,000 at the time the relevant guarantee or grant of the relevant security interest becomes effective with respect to such obligations pursuant to such Hedge Agreement or such other Person as constitutes an “eligible contract participant” under the Commodity Exchange Act or any regulations promulgated thereunder and can cause another Person to qualify as an “eligible contract participant” at such time by entering into a keepwell under Section 1a(18)(A)(v)(II) of the Commodity Exchange Act.

Appears in 1 contract

Sources: Credit Agreement (3d Systems Corp)

Keepwell. Each Qualified ECP Eligible Contract Participant Guarantor (as defined below) at the time the guarantee under this Guaranty by any Specified Guarantor (as defined below), or the grant by such Guarantor of a security interest to secure such guarantee, becomes effective with respect to any Swap Obligation, hereby jointly and severally severally, absolutely, unconditionally and irrevocably undertakes to provide such funds or other support to each Specified Guarantor with respect to such Swap Obligation as may be needed by such Specified Guarantor from time to time by each other Loan Party to honor all of its obligations under this Guaranty and the other Loan Documents in respect of such Swap Obligations Obligation (providedbut, howeverin each case, that each Qualified ECP Guarantor shall only be liable under this Section 11.11 for up to the maximum amount of such liability that can be hereby incurred without rendering its such Qualified Eligible Contract Participant Guarantor’s obligations and undertakings under this Section 11.11, or otherwise under this Guarantee, Guaranty voidable under applicable Law law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations and undertakings of each Qualified ECP Eligible Contract Participant Guarantor under this Section 11.11 shall remain in full force and effect until all Commitments hereunder have terminated, and all Loans or other Obligations hereunder which are accrued and payable have been paid or satisfied (other than Cash Management Obligations and Obligations arising under any Secured Hedge Agreement), and no Letter of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory to the applicable L/C Issuer has been put Payment in place)Full. Each Qualified ECP Eligible Contract Participant Guarantor intends that this Section 11.11 to constitute, and this Section 11.11 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of of, each other Loan Party Specified Guarantor for all purposes of the Commodity Exchange Act. For purposes hereof (i) “Qualified Eligible Contract Participant Guarantor” shall mean, at any time, in respect of any Swap Obligation, each Loan Party that has total assets exceeding $10,000,000 at the time the relevant Guarantee or grant of the relevant security interest becomes effective with respect to such Swap Obligation or such other person as constitutes an “eligible contract participant” under the Commodity Exchange Act or any regulations promulgated thereunder and can cause another person to qualify as an “eligible contract participant” at such time by entering into a keepwell under Section 1a(18)(A)(v)(II) of the Commodity Exchange ActAct and (ii) “Specified Guarantor” shall mean any Guarantor that is not an “eligible contract participant” under the Commodity Exchange Act (determined prior to giving effect to this Section 22).

Appears in 1 contract

Sources: Credit Agreement (CONSOL Energy Inc)

Keepwell. Each Qualified ECP Guarantor (as defined below) hereby jointly and severally severally, absolutely, unconditionally and irrevocably undertakes to provide such funds or and other support as may be needed from time to time by each other Loan Credit Party to honor all of its obligations under this Guaranty and the other Loan Documents in respect of Swap Obligations (provided, however, that each Qualified ECP Guarantor shall only be liable under this Section 11.11 2.12 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this Section 11.11Section, or otherwise under this GuaranteeAgreement or any other Loan Document, voidable under applicable Law relating to fraudulent conveyance or fraudulent transfer, Debtor Relief Laws and not for any greater amount). The Subject to Section 2.10, the obligations of each Qualified ECP Guarantor under this Section 11.11 shall remain in full force and effect until all of the Guaranteed Obligations and all the obligations of the Guarantors (other than, in each case contingent obligations not then due) shall have been paid in full in cash, the Commitments hereunder have terminated, and all Loans or other Obligations hereunder which are accrued and payable have been paid or satisfied (other than Cash Management Obligations and Obligations arising under any Secured Hedge Agreement), and no Letter the Letters of Credit remains outstanding terminated or expired (except any Letter of Credit the Outstanding Amount of which the Obligations related thereto has been or Cash Collateralized or for which a backstop letter of credit reasonably satisfactory to the applicable L/C Issuer has been put in placeCollateralized). Each Qualified ECP Guarantor intends that this Section 11.11 2.12 constitute, and this Section 11.11 2.12 shall be deemed to constitute, a “keepwell, support, support or other agreement” for the benefit of each other Loan Credit Party for all purposes of Section 1a(18)(A)(v)(II) of the Commodity Exchange Act. For purposes of this Section, “Qualified ECP Guarantor” means, in respect of any Swap Obligation, each Credit Party that has total assets exceeding $10,000,000 at the time the relevant guarantee or grant of the relevant security interest becomes effective with respect to such Swap Obligation or such other Person as constitutes an “eligible contract participant” under the Commodity Exchange Act or any regulations promulgated thereunder and can cause another Person to qualify as an “eligible contract participant” at such time by entering into a keepwell under Section 1a(18)(A)(v)(II) of the Commodity Exchange Act.

Appears in 1 contract

Sources: Credit Agreement (Cirrus Logic Inc)

Keepwell. Each Loan Party that is a Qualified ECP Guarantor at the time the Guaranty in this Article IV by any Loan Party that is not then an “eligible contract participant” under the Commodity Exchange Act (a “Specified Loan Party”) or the grant of a security interest under the Loan Documents by any such Specified Loan Party, in either case, becomes effective with respect to any Swap Obligation, hereby jointly and severally severally, absolutely, unconditionally and irrevocably undertakes to provide such funds or other support to each Specified Loan Party with respect to such Swap Obligation as may be needed by such Specified Loan Party from time to time by each other Loan Party to honor all of its obligations under this Guaranty the Loan Documents in respect of such Swap Obligations Obligation (providedbut, howeverin each case, that each Qualified ECP Guarantor shall only be liable under this Section 11.11 for up to the maximum amount of such liability that can be hereby incurred without rendering its such Qualified ECP Guarantor’s obligations and undertakings under this Section 11.11, or otherwise under this Guarantee, Article IV voidable under applicable Law relating to fraudulent conveyance or fraudulent transferDebtor Relief Laws, and not for any greater amount). The obligations and undertakings of each Qualified ECP Guarantor under this Section 11.11 shall remain in full force and effect until all Commitments hereunder have terminated, and all Loans or other the Obligations hereunder which are accrued and payable have been indefeasibly paid or satisfied (other than Cash Management Obligations and Obligations arising under any Secured Hedge Agreement), and no Letter of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory to the applicable L/C Issuer has been put performed in place)full. Each Qualified ECP Guarantor Loan Party intends that this Section 11.11 to constitute, and this Section 11.11 shall be deemed to constitute, a “keepwell, support, or other agreement” for the benefit of each other Specified Loan Party for all purposes of Section 1a(18)(A)(v)(II) of the Commodity Exchange Act. (l) The following sentence is hereby added to the end of the last paragraph of Section 9.03 of the Credit Agreement: Excluded Swap Obligations with respect to any Guarantor shall not be paid with amounts received from such Guarantor or such Guarantor’s assets, but appropriate adjustments shall be made with respect to payments from other Loan Parties to preserve the allocation to Obligations otherwise set forth above in this Section. (m) Section 11.01(a)(v) of the Credit Agreement is hereby amended to read as follows:

Appears in 1 contract

Sources: Credit Agreement (Flowserve Corp)

Keepwell. Each Guarantor that is a Qualified ECP Guarantor (as hereinafter defined) at the time this Guaranty by any Specified Loan Party becomes effective with respect to any Swap Obligation, hereby jointly and severally severally, absolutely, unconditionally and irrevocably undertakes to provide such funds or other support to each Specified Loan Party with respect to such Swap Obligation as may be needed by such Specified Loan Party from time to time by each other Loan Party to honor all of its obligations under this Guaranty and the other Loan Documents in respect of such Swap Obligations Obligation (providedbut, howeverin each case, that each Qualified ECP Guarantor shall only be liable under this Section 11.11 for up to the maximum amount of such liability that can be hereby incurred without rendering its such Qualified ECP Guarantor’s obligations and undertakings under this Section 11.11, or otherwise under this Guarantee, 22 voidable under applicable Law law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations and undertakings of each Qualified ECP Guarantor under this Section 11.11 22 shall remain in full force and effect until all Commitments hereunder have terminated, and all Loans or other the Guaranteed Obligations hereunder which are accrued and payable have been indefeasibly paid or satisfied (other than Cash Management Obligations and Obligations arising under any Secured Hedge Agreement), and no Letter of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory to the applicable L/C Issuer has been put performed in place)full. Each Qualified ECP Guarantor intends that this Section 11.11 22 to constitute, and this Section 11.11 22 shall be deemed to constitute, a Guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of of, each other Specified Loan Party for all purposes of the Commodity Exchange Act. For purposes of this Section 22, “Qualified ECP Guarantor” means, at any time, each Guarantor with total assets exceeding $10,000,000 or that qualifies at such time as an “eligible contract participant” under the Commodity Exchange Act and can cause another person to qualify as an “eligible contract participant” at such time under §1a(18)(A)(v)(II) of the Commodity Exchange Act.

Appears in 1 contract

Sources: Guaranty Agreement (Armada Hoffler Properties, Inc.)

Keepwell. Each Loan Party that is a Qualified ECP Guarantor at the time the Guaranty or the grant of a Lien under the Loan Documents, in each case, by any Loan Party becomes effective with respect to any Swap Obligation, hereby jointly and severally severally, absolutely, unconditionally and irrevocably undertakes to provide such funds or other support to each Loan Party with respect to such Swap Obligation as may be needed by such Loan Party from time to time by each other Loan Party to honor all of its obligations under this Guaranty the Loan Documents in respect of such Swap Obligations Obligation (providedbut, howeverin each case, that each Qualified ECP Guarantor shall only be liable under this Section 11.11 for up to the maximum amount of such liability that can be hereby incurred without rendering its such Qualified ECP Guarantor’s obligations and undertakings under this Section 11.11, or otherwise under this Guarantee, Article XI voidable under applicable Law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations and undertakings of each Qualified ECP Guarantor under this Section 11.11 shall remain in full force and effect until all Commitments hereunder have terminated, and all Loans or other the Obligations hereunder which are accrued and payable have been indefeasibly paid or satisfied (other than Cash Management Obligations and Obligations arising under any Secured Hedge Agreement), and no Letter of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory to the applicable L/C Issuer has been put performed in place)full. Each Qualified ECP Guarantor Loan Party intends that this Section 11.11 to constitute, and this Section 11.11 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of of, each other Loan Party for all purposes of Section 1a(18)(A)(v)(II) of the Commodity Exchange Act. [Remainder of Page Intentionally Left Blank] FINAL VERSION Sch 2.03-1 SCHEDULE 10.02 ADMINISTRATIVE AGENT’S OFFICE; CERTAIN ADDRESSES FOR NOTICES BORROWER: Healthpeak OP, LLC c/o Healthpeak Properties, Inc. 50504600 South Syracuse Street, Suite 800500 D▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Attention: Legal Department Telephone No.: (▇▇▇) ▇▇▇-▇▇▇▇ Electronic Mail: l▇▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇.▇▇▇ Website Address: w▇▇.▇▇▇▇▇▇▇▇▇▇.▇▇▇ U.S. Taxpayer Identification Number: 3▇-▇▇▇▇▇▇▇ With a copy to: Healthpeak OP, LLC c/o Healthpeak Properties, Inc. 50504600 South Syracuse Street, Suite 800500 D▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Attention: Treasurer Telephone No.: (▇▇▇) ▇▇▇-▇▇▇▇ Electronic Mail: t▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇.▇▇▇ PARENT GUARANTOR: Healthpeak Properties, Inc. 4▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Attention: Legal Department Telephone No.: (▇▇▇) ▇▇▇-▇▇▇▇ Electronic Mail: l▇▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇.▇▇▇ Website Address: w▇▇.▇▇▇▇▇▇▇▇▇▇.▇▇▇ U.S. Taxpayer Identification Number: N/A With a copy to: Healthpeak Properties, Inc. 4▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Attention: Treasurer Telephone No.: (▇▇▇) ▇▇▇-▇▇▇▇ Electronic Mail: t▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇.▇▇▇ Error! No document variable s▇▇▇▇▇▇▇.▇▇▇▇▇ 4894-6880-6475v.2 ADMINISTRATIVE AGENT: Administrative Agent’s Office (for payments and Requests for Credit Extensions): Bank of America, N.A. 9▇▇ ▇. ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇ Village, 900 Building Mail Code: NC1-026-06-04 C▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Attention: M▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Telephone No.: 9▇▇-▇▇▇-▇▇▇▇ Facsimile No.: 7▇▇-▇▇▇-▇▇▇▇ Electronic Mail: m▇▇▇▇▇▇.▇▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇.▇▇▇ Bank of America, N.A. New York, NY Account No. (for Dollars): 1366072250600 ABA# 0▇▇▇▇▇▇▇▇ Attn: Credit Services Ref: Healthpeak PropertiesOP, I▇▇.▇▇▇ Bank of America Canada Account No. (for Canadian Dollars): 711465090227 Swift Address: B▇▇▇▇▇▇▇ Attn: Bank of America, N.A. Ref: Healthpeak PropertiesOP, I▇▇.▇▇▇ Bank of America Australia Account No. (for Australian Dollars): 520195687018 Swift Address: B▇▇▇▇▇▇▇ Attn: Bank of America, N.A. Ref: Healthpeak PropertiesOP, I▇▇.▇▇▇ Bank of America, N.A. Account No. (for Swiss Francs): C▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇ Swift Address: B▇▇▇▇▇▇▇ Attn: Bank of America, N.A. Ref: Healthpeak PropertiesOP, I▇▇.▇▇▇ Bank of America London Account No. (for Euro): G▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇ Swift Address: BOFA GB22 Attn: Bank of America, N.A. Ref: Healthpeak PropertiesOP, I▇▇.▇▇▇ Bank of America London Account No. (for Sterling): G▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇ Swift Address: BOFA GB22 Attn: Bank of America, N.A. Ref: Healthpeak PropertiesOP, I▇▇.▇▇▇ Sch 10.02-2 Bank of America Tokyo Account No. (for Yen): 606495687013 Swift Address: B▇▇▇▇▇▇▇ Attn: Bank of America, N.A. Ref: Healthpeak PropertiesOP, I▇▇.▇▇▇ Other Notices as Administrative Agent: Bank of America, N.A. 5▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Mail Code: CA5-705-04-09CA5-705-06-35 S▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Attention: L▇▇▇▇▇▇ ▇▇▇▇▇ Telephone No.: 4▇▇-▇▇▇-▇▇▇▇ Facsimile No.: 4▇▇-▇▇▇-▇▇▇▇ Electronic Mail: l▇▇▇▇▇▇.▇▇▇▇▇@▇▇▇▇▇▇▇▇.▇▇▇ With a copy to: Bank of America, N.A. 6▇▇ ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ Mail Code: NC1-030-25-02NC1-030-24-02 C▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Attention: D▇▇▇▇▇ ▇▇▇▇▇▇ Telephone No.: 9▇▇-▇▇▇-▇▇▇▇ Electronic Mail: d▇▇▇▇▇.▇▇▇▇▇▇@▇▇▇▇.▇▇▇ L/C ISSUER: Bank of America, N.A. Trade Operations 1 ▇▇▇▇▇ ▇▇▇ ▇▇▇-▇▇▇-▇▇-▇▇ ▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Telephone No.: 5▇▇-▇▇▇-▇▇▇▇ Facsimile No.: 8▇▇-▇▇▇-▇▇▇▇ Electronic Mail: S▇▇▇▇▇▇▇_▇▇▇▇▇▇▇_▇▇@▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ JPMorgan Chase Bank, N.A. 1▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇. ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Attention: Standby LC Unit Telephone No.: 8▇▇-▇▇▇-▇▇▇▇ Facsimile No.: 8▇▇-▇▇▇-▇▇▇▇ Electronic Mail: g▇▇.▇▇.▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇.▇▇▇; N▇.▇▇▇@▇▇▇▇▇▇▇▇.▇▇▇; j▇▇▇▇▇▇.▇▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇.▇▇▇ With a copy to: JPMorgan Chase Bank N.A. C▇▇▇▇▇ ▇▇▇▇▇▇ Sch 10.02-3 3▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇ ▇▇▇ ▇▇▇▇, ▇▇, ▇▇▇▇▇ Electronic Mail: c▇▇▇▇▇.▇.▇▇▇▇▇▇@j▇▇▇▇▇▇▇.▇▇▇ W▇▇▇▇ Fargo Bank, N.A. US Trade Services - Standby Letters of Credit 4▇▇ ▇. ▇▇▇▇▇▇▇▇ ▇▇▇▇ Floor 01 MAC D4004-017 W▇▇▇▇▇▇-▇▇▇▇▇, ▇▇ ▇▇▇▇▇-▇▇▇▇ Attention: S▇▇▇▇▇ Peace Telephone No.: 3▇▇-▇▇▇-▇▇▇▇ Electronic mail: s▇▇▇▇▇.▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇.▇▇▇ ALTERNATIVE CURRENCY FRONTING LENDER: Bank of America, N.A. 9▇▇ ▇. ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇ Village, 900 Building Mail Code: NC1-026-06-04 C▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Attention: M▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Telephone No.: 9▇▇-▇▇▇-▇▇▇▇ Facsimile No.: 7▇▇-▇▇▇-▇▇▇▇ Electronic Mail: m▇▇▇▇▇▇.▇▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇.▇▇▇ Sch 10.02-4

Appears in 1 contract

Sources: Credit Agreement (Healthpeak Properties, Inc.)

Keepwell. Each Qualified ECP Guarantor The Borrower, to the extent it is an “eligible contract participant” as defined in the Commodity Exchange Act, hereby jointly and severally absolutely, unconditionally and irrevocably undertakes to provide such funds or other support support, or cause its Subsidiaries to provide such funds or other support, as may be needed from time to time by each other Loan Party Guarantor to honor all of its obligations under this Agreement and any Guaranty in respect of any Swap Obligations (provided, however, that each Qualified ECP Guarantor the Credit Parties shall only be liable under this Section 11.11 6.33 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this Section 11.116.33, or otherwise under this Guaranteethe applicable Guaranty, voidable under applicable Law law relating to fraudulent conveyance conveyance, voidable transaction, or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor the Credit Parties under this Section 11.11 shall remain in full force and effect until all Commitments hereunder have terminated, and all Loans or other irrevocable payment in full of the Obligations hereunder which are accrued and payable have been paid or satisfied (other than Cash Management Obligations and Obligations arising under any Secured Hedge Agreement), and no Letter of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory to the applicable L/C Issuer has been put in placeinchoate indemnity obligations). Each Qualified ECP Guarantor The Borrower intends that this Section 11.11 6.33 constitute, and this Section 11.11 6.33 shall be deemed to constitute, a “keepwell, support, or other agreement” for the benefit of each other Loan Party Guarantor for all purposes of Section 1a(18)(A)(v)(II) of the Commodity Exchange Act. Notwithstanding anything herein to the contrary, if a Guarantor or a Swap Counterparty makes a written representation to the Administrative Agent or a Lender in connection with a Guaranty, a swap, or any master agreement governing a swap to the effect that such Guarantor is or will be an “eligible contract participant” as defined in the Commodity Exchange Act on the date the Guaranty becomes effective with respect to such swap (this date shall be the date of the execution of the swap if the corresponding Guaranty is then in effect, and otherwise it shall be the date of execution and delivery of such Guaranty unless the Guaranty specifies a subsequent effective date), and such representation proves to have been incorrect when made or deemed to have been made, the Administrative Agent and each Lender reserves all of their contractual and other rights and remedies, at law or in equity, including (to the extent permitted by applicable law) the right to claim, and pursue a separate cause of action, for actual, out of pocket damages as a result of such misrepresentation, provided that such Guarantor’s liability for such damages shall not exceed the amount of the Excluded Swap Obligations with respect to such swap.

Appears in 1 contract

Sources: Credit Agreement (Roadrunner Transportation Systems, Inc.)

Keepwell. Each Credit Party that is a Qualified ECP Guarantor at the time the Guaranty in this Article XI by any Credit Party that is not then an “eligible contract participant” under the Commodity Exchange Act (a “Specified Loan Party”) becomes effective with respect to any Obligation under any Swap Contract, hereby jointly and severally severally, absolutely, unconditionally and irrevocably undertakes to provide such funds or other support to each Specified Loan Party with respect to such Obligation as may be needed by such Specified Loan Party from time to time by each other Loan Party to honor all of its obligations under this Guaranty the Loan Documents in respect of Swap Obligations such Obligation (providedbut, howeverin each case, that each Qualified ECP Guarantor shall only be liable under this Section 11.11 for up to the maximum amount of such liability that can be hereby incurred without rendering its such Qualified ECP Guarantor’s obligations and undertakings under this Section 11.11, or otherwise under this Guarantee, Article XI voidable under any applicable Law relating to fraudulent conveyance or fraudulent transferDebtor Relief Laws, and not for any greater amount). The obligations and undertakings of each Qualified ECP Guarantor applicable Credit Party under this Section 11.11 11.09 shall remain in full force and effect until all Commitments hereunder have terminated, and all Loans or other of the Obligations hereunder which are accrued and payable have been irrevocably paid or satisfied (other than Cash Management Obligations and Obligations arising under any Secured Hedge Agreement), and no Letter of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory to the applicable L/C Issuer has been put performed in place)full. Each Qualified ECP Guarantor Credit Party intends that this Section 11.11 11.09 to constitute, and this Section 11.11 11.09 shall be deemed to constitute, a “keepwell, support, or other agreement” for the benefit of each other Loan Credit Party that would otherwise not constitute an “eligible contract participant” for any Obligation under any Swap Contract for all purposes of Section 1a(18)(A)(v)(II) of the Commodity Exchange Act. Each of the parties hereto has caused a counterpart of this Agreement to be duly executed as of the date first above written. BORROWERS: SABRA HEALTH CARE LIMITED PARTNERSHIP, a Delaware limited partnership By: Sabra Health Care REIT, Inc., a Maryland corporation, its general partner By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: Chief Financial Officer SABRA CANADIAN HOLDINGS, LLC, a Delaware limited liability company By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: Chief Financial Officer REIT GUARANTOR: SABRA HEALTH CARE REIT, INC., a Maryland corporation By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: Chief Financial Officer SUBSIDIARY GUARANTOR: SABRA HEALTH CARE, L.L.C., a Delaware limited liability company By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: Chief Financial Officer ADMINISTRATIVE AGENT: BANK OF AMERICA, N.A., as Administrative Agent By: /s/ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Title: Vice President LENDERS: BANK OF AMERICA, N.A., as a Lender and an L/C Issuer By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇ Title: Director CITIZENS BANK, NATIONAL ASSOCIATION, as a Lender and an L/C Issuer By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Senior Vice President CRÉDIT AGRICOLE CORPORATE AND INVESTMENT BANK, as a Lender and an L/C Issuer By: /s/ ▇▇▇▇ ▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇ Title: Director By: /s/ ▇▇▇▇▇▇ ▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇ Title: Director ▇▇▇▇▇ FARGO BANK, NATIONAL ASSOCIATION, as a Lender and an L/C Issuer By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Managing Director THE BANK OF NOVA SCOTIA, as a Lender By: /s/ ▇▇▇▇ ▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇ Title: Managing Director FIFTH THIRD BANK, NATIONAL ASSOCIATION, as a Lender By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Managing Director JPMORGAN CHASE BANK, N.A., as a Lender By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Authorized Officer KEYBANK NATIONAL ASSOCIATION, as a Lender By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Title: Vice President MIZUHO BANK, LTD., as a Lender By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Title: Executive Director TRUIST BANK, as a Lender By: /s/ ▇▇▇▇▇▇▇▇ ▇▇▇▇ Name: ▇▇▇▇▇▇▇▇ ▇▇▇▇ Title: Director CITIBANK, N.A., as a Lender By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: [▇▇▇▇▇ ▇▇▇▇▇▇] Title: [Authorized Signatory] REGIONS BANK, as a Lender By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Managing Director ROYAL BANK OF CANADA, as a Lender By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Authorized Signatory ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ BANK, N.A., as a Lender By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇ Title: Authorized Signatory BANK OF THE WEST, A CALIFORNIA BANKING CORPORATION, as a Lender By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: Vice President THE HUNTINGTON NATIONAL BANK, as a Lender By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Title: Managing Director BARCLAYS BANK PLC, as a Lender By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Director ▇▇▇▇▇▇▇ ▇▇▇▇▇ BANK, as a Lender By: /s/ ▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇ Title: Vice President THE NORTHERN TRUST COMPANY, as a Lender By: /s/ ▇▇▇▇▇▇▇ ▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇ ▇▇▇▇▇▇▇▇ Title: SVP WOODFOREST NATIONAL BANK, as a Lender By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇ Title: Vice President BOKF, NA DBA BOK FINANCIAL, as a Lender By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Senior Vice President Lender Revolving Credit Facility Bank of America, N.A. $ 46,459,913.85 7.147679054 % $ 26,570,719.96 7.591634275 % $ 73,030,633.81 7.303063381 % $ 12,500,000.00 Citizens Bank, National Association $ 46,459,913.86 7.147679055 % $ 26,570,719.96 7.591634274 % $ 73,030,633.82 7.303063382 % $ 12,500,000.00 Crédit Agricole Corporate and Investment Bank $ 46,459,913.85 7.147679054 % $ 26,570,719.96 7.591634274 % $ 73,030,633.81 7.303063381 % $ 12,500,000.00 ▇▇▇▇▇ Fargo Bank, National Association $ 46,459,913.85 7.147679054 % $ 26,570,719.96 7.591634274 % $ 73,030,633.81 7.303063381 % $ 12,500,000.00 The Bank of Nova Scotia $ 40,675,577.00 6.▇▇▇▇▇▇▇▇▇ % $ 23,262,620.96 6.646463131 % $ 63,938,197.96 6.393819796 % N/A Fifth Third Bank, National Association $ 40,675,577.00 6.257781077 % $ 23,262,620.96 6.646463131 % $ 63,938,197.96 6.393819796 % N/A JPMorgan Chase Bank, N.A. $ 40,675,577.00 6.257781077 % $ 23,262,620.96 6.646463131 % $ 63,938,197.96 6.393819796 % N/A KeyBank National Association $ 40,675,577.00 6.257781077 % $ 23,262,620.96 6.646463131 % $ 63,938,197.96 6.393819796 % N/A Mizuho Bank, Ltd. $ 40,675,577.00 6.257781077 % $ 23,262,620.96 6.646463131 % $ 63,938,197.96 6.393819796 % N/A Truist Bank $ 40,675,577.00 6.257781077 % $ 23,262,620.96 6.646463131 % $ 63,938,197.96 6.393819796 % N/A Citibank, N.A. $ 29,053,983.57 4.469843626 % $ 16,616,157.83 4.747473666 % $ 45,670,141.40 4.567014140 % N/A Regions Bank $ 29,053,983.57 4.469843626 % $ 16,616,157.83 4.747473666 % $ 45,670,141.40 4.▇▇▇▇▇▇▇▇▇ % N/A Royal Bank of Canada $ 29,053,983.57 4.▇▇▇▇▇▇▇▇▇ % $ 16,616,157.83 4.747473666 % $ 45,670,141.40 4.567014140 % N/A ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Bank, N.A. $ 29,053,983.57 4.469843626 % $ 16,616,157.83 4.747473666 % $ 45,670,141.40 4.567014140 % N/A Bank of the West, a California Banking Corporation $ 14,526,991.79 2.234921814 % $ 8,308,078.92 2.373736835 % $ 22,835,070.71 2.283507071 % N/A The Huntington National Bank $ 20,752,845.41 3.192745448 % $ 11,868,684.16 3.391052618 % $ 32,621,529.57 3.262152957 % N/A Barclays Bank PLC $ 32,500,000.00 5.000000000 % $ 17,500,000.00 5.000000000 % $ 50,000,000.00 5.000000000 % N/A ▇▇▇▇▇▇▇ ▇▇▇▇▇ Bank $ 21,064,814.81 3.240740740 % $ 0.00 0.00 % $ 21,064,814.81 2.106481481 % N/A The Northern Trust Company $ 15,046,296.30 2.314814815 % $ 0.00 0.00 % $ 15,046,296.30 1.504629630 % N/A WoodForest National Bank $ 0.00 0.00 % $ 0.00 0.00 % $ 0.00 0.00 % N/A BOKF, NA dba BOK Financial $ 0.00 0.00 % $ 0.00 0.00 % $ 0.00 0.00 % N/A Lender Term A-1 Commitment Applicable Percentage CAD Term Commitment Applicable Percentage Bank of America, N.A. $ 30,055,768.43 6.989713589 % CAD$ 11,986,790.96 7.991193973 % Citizens Bank, National Association $ 30,055,768.43 6.989713588 % CAD$ 11,986,790.96 7.991193973 % Crédit Agricole Corporate and Investment Bank $ 30,055,768.44 6.989713591 % CAD$ 11,986,790.96 7.991193973 % ▇▇▇▇▇ Fargo Bank, National Association $ 30,055,768.44 6.989713591 % CAD$ 11,986,790.96 7.▇▇▇▇▇▇▇▇▇ % The Bank of Nova Scotia $ 26,313,775.09 6.▇▇▇▇▇▇▇▇▇ % CAD$ 10,494,415.47 6.996276980 % Fifth Third Bank, National Association $ 26,313,775.09 6.119482579 % CAD$ 10,494,415.47 6.996276980 % JPMorgan Chase Bank, N.A. $ 26,313,775.09 6.119482579 % CAD$ 10,494,415.47 6.996276980 % KeyBank National Association $ 26,313,775.09 6.119482579 % CAD$ 10,494,415.47 6.996276980 % Mizuho Bank, Ltd. $ 26,313,775.09 6.119482579 % CAD$ 10,494,415.47 6.996276980 % Truist Bank $ 26,313,775.09 6.119482579 % CAD$ 10,494,415.47 6.996276980 % Citibank, N.A. $ 18,795,553.64 4.371058986 % CAD$ 7,496,011.05 4.997340700 % Regions Bank $ 18,795,553.64 4.371058986 % CAD$ 7,496,011.05 4.▇▇▇▇▇▇▇▇▇ % Royal Bank of Canada $ 18,795,553.64 4.▇▇▇▇▇▇▇▇▇ % CAD$ 7,496,011.05 4.997340700 % ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Bank, N.A. $ 18,795,553.64 4.371058986 % CAD$ 7,496,011.05 4.997340700 % Bank of the West, a California Banking Corporation $ 9,397,776.82 2.185529493 % CAD$ 3,748,005.53 2.498670354 % The Huntington National Bank $ 13,425,395.45 3.122184988 % CAD$ 5,354,293.61 3.569529074 % Barclays Bank PLC $ 0.00 0.00 % CAD$ 0.00 0.00 % ▇▇▇▇▇▇▇ ▇▇▇▇▇ Bank $ 13,935,185.19 3.240740742 % CAD$ 0.00 0.00 % The Northern Trust Company $ 9,953,703.70 2.314814814 % CAD$ 0.00 0.00 % WoodForest National Bank $ 20,000,000.00 4.651162791 % CAD$ 0.00 0.00 % BOKF, NA dba BOK Financial $ 10,000,000.00 2.325581395 % CAD$ 0.00 0.00 % ENTITY NAME ADDRESS STATE OF FORMATION STATES WHERE QUALIFIED AS OF THE CLOSING DATE FEIN ORGANIZATION IDENTIFICATION NUMBER SABRA HEALTH CARE LIMITED PARTNERSHIP, a Delaware limited partnership ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, Suite 550 Irvine, CA 92612 DE CA, FL, MA, ME, NM, WV **-******* 4822888 SABRA CANADIAN HOLDINGS, LLC, a Delaware limited liability company ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, Suite 550 Irvine, CA 92612 DE None **-******* 5740676 SABRA HEALTH CARE REIT, INC., a Maryland corporation ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, Suite 550 Irvine, CA 92612 MD CA, MA **-******* C3322907 SABRA HEALTH CARE, L.L.C., a Delaware limited liability company ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, Suite 550 Irvine, CA 92612 DE CA **-******* 4821914 c/o Sabra Health Care REIT, Inc. ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Attention: ▇▇▇▇▇▇▇ ▇▇▇▇▇, Chief Financial Officer Telephone: ******* Facsimile: ******* Email: ******* Website: ▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇▇▇▇▇.▇▇▇

Appears in 1 contract

Sources: Credit Agreement (Sabra Health Care REIT, Inc.)

Keepwell. Each Qualified ECP Guarantor Contributing Party hereby jointly and severally absolutely, unconditionally and irrevocably undertakes to provide such funds or other support as may be needed from time to time by each other Loan Party to honor all of its obligations under this Guaranty or the other Loan Documents in respect of Swap the Hedge Obligations (provided, however, that each Qualified ECP Guarantor Contributing Party shall only be liable under this Section 11.11 30 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this Section 11.1130, or otherwise under this Guarantee, the Guaranty or the other Loan Documents voidable under applicable Law relating to fraudulent conveyance or fraudulent transferthe Avoidance Provisions, and not for any greater amount). The obligations of each Qualified ECP Guarantor Contributing Party under this Section 11.11 30 shall remain in full force and effect until all Commitments hereunder have terminateda discharge of the obligations of Guarantor under this Guaranty if such Qualified ECP Contributing Party is Guarantor, and all Loans or of the other Obligations hereunder which are accrued and payable have been paid or satisfied Loan Parties (other than Cash Management Obligations Borrower and Obligations arising Guarantor) under any Secured the Loan Documents to which they are a party if such Qualified ECP Contributing Party is one of such other Loan Parties, or of Borrower under the Term Loan Agreement and the other Loan Documents and the Hedge Agreement), and no Letter of Credit remains outstanding (except any Letter of Credit Documents if such Qualified ECP Contributing Party is the Outstanding Amount of which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory to the applicable L/C Issuer has been put in place)Borrower. Each Qualified ECP Guarantor Contributing Party intends that this Section 11.11 30 constitute, and this Section 11.11 30 shall be deemed to constitute, a keepwell, support, or other agreement” agreement for the benefit of each other Loan Party for all purposes of Section 1a(18)(A)(v)(II) of the Commodity Exchange Act.. For purposes of Section 30 of this Guaranty, the term "Qualified ECP Contributing Party" means, in respect of any Hedge Obligation, each Loan Party that has total assets exceeding $10,000,000 at the time the time such party becomes a party to this Guaranty or the “Guaranty” (as defined in the Term Loan Agreement) or grant of the relevant security interest becomes effective with respect to such Hedge Obligation or such other person as constitutes an "eligible contract participant" under the Commodity Exchange Act or any regulations promulgated thereunder and can cause another person to qualify as an "eligible contract participant" at such time by entering into a keepwell under Section 1a(18)(A)(v)(II) of the Commodity Exchange Act. 109306584\V-7

Appears in 1 contract

Sources: Term Loan Agreement (Kite Realty Group, L.P.)

Keepwell. Each Qualified ECP Guarantor (as defined below) hereby jointly and severally severally, absolutely, unconditionally and irrevocably undertakes to provide such funds or and other support as may be needed from time to time by each other Loan Credit Party to honor all of its obligations under this Guaranty and the other Loan Documents in respect of Swap Obligations other than Excluded Swap Obligations (provided, however, that each Qualified ECP Guarantor shall only be liable under this Section 11.11 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this Section 11.11Section, or otherwise under this GuaranteeAgreement or any other Loan Document, voidable under applicable Law relating to fraudulent conveyance or fraudulent transfer, Debtor Relief Laws and not for any greater amount). The Subject to Section 2.10, the obligations of each Qualified ECP Guarantor under this Section 11.11 shall remain in full force and effect until all Commitments hereunder have terminated, and all Loans or other of the Guaranteed Obligations hereunder which are accrued and payable have been paid or satisfied (other than (1) contingent indemnification and reimbursement obligations, (2) obligations and liabilities under Secured Cash Management Obligations and Obligations arising under any Agreements or Secured Hedge Agreement), Agreements that are not then due and no Letter payable and (3) Letters of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of which the Obligations related thereto has that have either been Cash Collateralized or for as to which a backstop letter of credit reasonably arrangements satisfactory to the applicable L/C Issuer has Issuing Lender have been put made) shall have been paid in place)full in cash and the Commitments terminated. Each Qualified ECP Guarantor intends that this Section 11.11 constitute, and this Section 11.11 shall be deemed to constitute, a "keepwell, support, support or other agreement" for the benefit of each other Loan Credit Party for all purposes of Section 1a(18)(A)(v)(II) of the Commodity Exchange Act. For purposes of this Section, "Qualified ECP Guarantor" means, in respect of any Swap Obligation, each Credit Party that has total assets exceeding $10,000,000 at the time the relevant guarantee or grant of the relevant security interest becomes effective with respect to such Swap Obligation or such other Person as constitutes an "eligible contract participant" under the Commodity Exchange Act or any regulations promulgated thereunder and can cause another Person to qualify as an "eligible contract participant" at such time by entering into a keepwell under Section 1a(18)(A)(v)(II) of the Commodity Exchange Act.

Appears in 1 contract

Sources: Guaranty Agreement (National Instruments Corp)

Keepwell. Each Qualified ECP Guarantor (as defined below) hereby jointly and severally severally, absolutely, unconditionally and irrevocably undertakes to provide such funds or and other support as may be needed from time to time by each other Loan Credit Party to honor all of its obligations under this Guaranty Agreement and the other Loan Documents in respect of Swap Obligations (provided, however, that each Qualified ECP Guarantor shall only be liable under this Section 11.11 2.08 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this Section 11.112.08, or otherwise under this GuaranteeAgreement or any other Loan Document, voidable under applicable Law relating to fraudulent conveyance or fraudulent transfer, Debtor Relief Laws and not for any greater amount). The Subject to Section 2.05, the obligations of each Qualified ECP Guarantor under this Section 11.11 2.08 shall remain in full force and effect until all Commitments hereunder have terminated, of the Guaranteed Obligations and all Loans or other Obligations hereunder which are accrued and payable the obligations of the Credit Parties shall have been paid or satisfied (other than Cash Management Obligations in full in cash and Obligations arising under any Secured Hedge Agreement), and no Letter of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory to the applicable L/C Issuer has been put in place)Term Loan Commitments terminated. Each Qualified ECP Guarantor intends that this Section 11.11 2.08 constitute, and this Section 11.11 2.08 shall be deemed to constitute, a “keepwell, support, support or other agreement” for the benefit of each other Loan Credit Party for all purposes of Section 1a(18)(A)(v)(II) of the Commodity Exchange Act. For purposes of this Section 2.08, “Qualified ECP Guarantor” means, in respect of any Swap Obligation, each Credit Party that has total assets exceeding $10,000,000 at the time the relevant guarantee or grant of the relevant security interest becomes effective with respect to such Swap Obligation or such other Person as constitutes an “eligible contract participant” under the Commodity Exchange Act or any regulations promulgated thereunder and can cause another Person to qualify as an “eligible contract participant” at such time by entering into a keepwell under Section 1a(18)(A)(v)(II) of the Commodity Exchange Act.

Appears in 1 contract

Sources: Guarantee and Collateral Agreement (Walker & Dunlop, Inc.)

Keepwell. Each Loan Party that is a Qualified ECP Guarantor at the time the Guaranty in this Article IV by any Loan Party that is not then an “eligible contract participant” under the Commodity Exchange Act (a “Specified Loan Party”) or the grant of a security interest under the Loan Documents by any such Specified Loan Party, in either case, becomes effective with respect to any Swap Obligation, hereby jointly and severally severally, absolutely, unconditionally and irrevocably undertakes to provide such funds or other support to each Specified Loan Party with respect to such Swap Obligation as may be needed by such Specified Loan Party from time to time by each other Loan Party to honor all of its obligations under this Guaranty and the other Loan Documents in respect of such Swap Obligations Obligation (providedbut, howeverin each case, that each Qualified ECP Guarantor shall only be liable under this Section 11.11 for up to the maximum amount of such liability that can be hereby incurred without rendering its such Qualified ECP Guarantor’s obligations and undertakings under this Section 11.11, or otherwise under this Guarantee, Article IV voidable under applicable Law relating to fraudulent conveyance or fraudulent transferDebtor Relief Laws, and not for any greater amount). The obligations and undertakings of each Qualified ECP Guarantor under this Section 11.11 4.08 shall remain in full force and effect until all Commitments hereunder have terminated, and all Loans or other the Obligations hereunder which are accrued and payable have been indefeasibly paid or satisfied (other than Cash Management Obligations and Obligations arising under any Secured Hedge Agreement), and no Letter of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory to the applicable L/C Issuer has been put performed in place)full. Each Qualified ECP Guarantor Loan Party intends that this Section 11.11 4.08 to constitute, and this Section 11.11 4.08 shall be deemed to constitute, a “keepwell, support, or other agreement” for the benefit of each other Specified Loan Party for all purposes of Section 1a(18)(A)(v)(II) of the Commodity Exchange Act. (j) The following sentence is added to the end of Section 5.02 to the Credit Agreement: Notwithstanding anything to the contrary set forth in the Loan Documents, from and after the First Amendment Effective Date, until the later to occur of (i) the one (1) year anniversary of the Litigation Matters Settlement Date, or (ii) the date the Loan Parties have obtained court approval of settlements with at least 50% of the States with States’ Attorneys General Matters, after giving effect to any Request for Credit Extension, the Total Revolving Outstandings may not exceed $25,000,000 (unless the Supermajority Lenders have consented in writing to a higher amount), the proceeds of all Revolving Loans and Swing Line Loans advanced during such period must be used to consummate Permitted Acquisitions and, in conjunction with any Request for Credit Extension, the Borrower must deliver to the Administrative Agent a certificate of a Responsible Officer certifying the applicable Loan Parties’ intended use of all such Revolving Loans and Swing Line Loans. (k) Section 7.02 of the Credit Agreement is hereby amended by removing the word “and” at the end of subsection (i), replacing the “.” at the end of subsection (j) with the words “; and” and adding the following subsection (k):

Appears in 1 contract

Sources: Credit Agreement (Lifelock, Inc.)

Keepwell. Each Credit Party that is a Qualified ECP Guarantor at the time the Guaranty in this Article XI by any Credit Party that is not then an “eligible contract participant” under the Commodity Exchange Act (a “Specified Credit Party”) becomes effective with respect to any Obligation under any Swap Contract, hereby jointly and severally severally, absolutely, unconditionally and irrevocably undertakes to provide such funds or other support to each Specified Credit Party with respect to such Obligation as may be needed by such Specified Credit Party from time to time by each other Loan Party to honor all of its obligations under this Guaranty the Loan Documents in respect of Swap Obligations such Obligation (providedbut, howeverin each case, that each Qualified ECP Guarantor shall only be liable under this Section 11.11 for up to the maximum amount of such liability that can be hereby incurred without rendering its such Qualified ECP Guarantor’s obligations and undertakings under this Section 11.11, or otherwise under this Guarantee, Article XI voidable under any applicable Law relating to fraudulent conveyance or fraudulent transferDebtor Relief Laws, and not for any greater amount). The obligations and undertakings of each Qualified ECP Guarantor applicable Credit Party under this Section 11.11 shall remain in full force and effect until all Commitments hereunder have terminated, and all Loans or other of the Obligations hereunder which are accrued and payable have been irrevocably paid or satisfied (other than Cash Management Obligations and Obligations arising under any Secured Hedge Agreement), and no Letter of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory to the applicable L/C Issuer has been put performed in place)full. Each Qualified ECP Guarantor Credit Party intends that this Section 11.11 to constitute, and this Section 11.11 shall be deemed to constitute, a “keepwell, support, or other agreement” for the benefit of each other Loan Credit Party that would otherwise not constitute an “eligible contract participant” for any Obligation under any Swap Contract for all purposes of Section 1a(18)(A)(v)(II) of the Commodity Exchange Act. Each of the parties hereto has caused a counterpart of this Agreement to be duly executed as of the date first above written. QCP SNF WEST REIT, LLC QCP SNF CENTRAL REIT, LLC QCP SNF EAST REIT, LLC QCP AL REIT, LLC, as Borrowers By: /s/ C. ▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: C. ▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Financial Officer QUALITY CARE PROPERTIES, INC. QCP HOLDCO REIT, LLC, as Parent Guarantors By: /s/ C. ▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: C. ▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Financial Officer QCP EAST HOLDCO, LLC, as Guarantor By: QCP SNF East REIT, LLC, its manager By: /s/ C. ▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: C. ▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Financial Officer QCP TRS, LLC, as Guarantor By: Quality Care Properties, Inc., its sole member By: /s/ C. ▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: C. ▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Financial Officer HCP 2010 REIT LLC HCP WEST VIRGINIA PROPERTIES, LLC HCP MOB DALLAS EYE, LLC HCP PROPERTIES - SALMON CREEK WA, LLC HCP PROPERTIES – UTICA RIDGE IA, LLC HCP PROPERTIES – ▇▇▇▇▇▇▇▇▇ HILLS NV, LLC HCP CC SNF, LLC HCP VIRGINIA, LLC HCP I-B PROPERTIES, LLC HCP ▇▇▇▇▇▇▇▇▇▇ ROAD PROPERTY, LLC HCP STERLING HEIGHTS MI PROPERTY, LLC HCP TWINSBURG OH PROPERTY, LLC HCP MARYLAND PROPERTIES, LLC HCP MARYLAND PROPERTIES II, LLC HCP PROPERTIES OF ALEXANDRIA VA, LLC HCP PROPERTIES OF ARLINGTON VA, LLC HCP PROPERTIES OF MIDWEST CITY OK, LLC HCP PROPERTIES OF OKLAHOMA CITY (NORTHWEST), LLC HCP PROPERTIES OF OKLAHOMA CITY (SOUTHWEST), LLC HCP PROPERTIES OF TULSA OK, LLC HCP PROPERTIES-ARDEN COURTS OF ANNANDALE VA, LLC HCP PROPERTIES-CHARLESTON OF HANAHAN SC, LLC HCP PROPERTIES-COLUMBIA SC, LLC HCP PROPERTIES-FAIR OAKS OF FAIRFAX VA, LLC HCP PROPERTIES-IMPERIAL OF RICHMOND VA, LLC HCP PROPERTIES-LEXINGTON SC, LLC HCP PROPERTIES-MEDICAL CARE CENTER-LYNCHBURG VA, LLC HCP PROPERTIES-OAKMONT EAST-GREENVILLE SC, LLC HCP PROPERTIES-OAKMONT OF UNION SC, LLC HCP PROPERTIES-OAKMONT WEST-GREENVILLE SC, LLC HCP PROPERTIES-STRATFORD HALL OF RICHMOND VA, LLC HCP PROPERTIES-▇▇▇▇ ▇▇▇▇▇▇-CHARLESTON SC, LLC FAEC - LACEY WA, LLC HCR LACEY WA PROPERTY, LLC HEALTHCARE OPERATIONS HOLDINGS, LLC HEALTHCARE OPERATIONS INVESTMENTS, LLC MC OPERATIONS INVESTMENTS, LLC, as Guarantors By: /s/ C. ▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: C. ▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Financial Officer QCP PENN SUB 1, LLC QCP PENN SUB 2, LLC QCP PENN SUB 3, LLC QCP PENN SUB 4, LLC QCP PENN SUB 5, LLC QCP PENN SUB 6, LLC QCP PENN SUB 7, LLC QCP PENN SUB 8, LLC QCP PENN SUB 9, LLC QCP PENN SUB 10, LLC QCP PENN SUB 11, LLC QCP PENN SUB 12, LLC QCP PENN SUB 13, LLC QCP PENN SUB 14, LLC QCP PENN SUB 15, LLC QCP PENN SUB 16, LLC QCP PENN SUB 17, LLC QCP PENN SUB 18, LLC QCP PENN SUB 19, LLC QCP PENN SUB 20, LLC QCP PENN SUB 21, LLC QCP PENN SUB 22, LLC QCP PENN SUB 23, LLC QCP PENN SUB 24, LLC QCP PENN SUB 25, LLC QCP PENN SUB 26, LLC QCP PENN SUB 27, LLC QCP PENN SUB 28, LLC QCP PENN SUB 29, LLC QCP PENN SUB 30, LLC QCP PENN SUB 31, LLC QCP PENN SUB 32, LLC QCP PENN SUB 33, LLC QCP PENN SUB 34, LLC QCP PENN SUB 35, LLC QCP PENN SUB 36, LLC QCP PENN SUB 37, LLC QCP PENN SUB 38, LLC QCP PENN SUB 39, LLC QCP PENN SUB 40, LLC, as Guarantors By: QCP SNF East REIT, LLC, its sole member By: /s/ C. ▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: C. ▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Financial Officer HCP MEZZANINE LENDER, LP, as Guarantor By: HCP Life Science Estates, Inc., its general partner By: /s/ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Title: Executive Vice President HCP I-A PROPERTIES, LP, as Guarantor By: HCP I-B Properties, LLC, its general partner By: /s/ C. ▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: C. ▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Financial Officer HCP PROPERTIES TRUST, as Guarantor By: HCP 2010 REIT LLC, its managing trustee By: /s/ C. ▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: C. ▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Financial Officer HCP 2010, LP, as Guarantor By: HCP Properties Trust, its general partner By: HCP 2010 REIT LLC, its managing trustee By: /s/ C. ▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: C. ▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Financial Officer HCP PROPERTIES, LP, as Guarantor By: HCP I-B Properties, LLC, its general partner By: /s/ C. ▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: C. ▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Financial Officer QUALITY CARE PROPERTIES, INC., as Parent Guarantor By: /s/ C. ▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: C. ▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Financial Officer QCP HOLDCO REIT, LLC., as Parent Guarantor By: /s/ C. ▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: C. ▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Financial Officer BARCLAYS BANK PLC, as Administrative Agent, Lender, Swing Line Lender and L/C Issuer By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇▇ Title: Director ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ SENIOR FUNDING, INC., as a Revolving Lender By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇ Title: Authorized Signatory DEUTSCHE BANK AG NEW YORK BRANCH, as a Revolving Lender By: /s/ ▇▇▇▇ ▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇ ▇▇▇▇▇ Title: Managing Director By: /s/ ▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇ Title: Managing Director KEYBANK NATIONAL ASSOCIATION, as a Revolving Lender By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Title: Vice President CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH, as a Revolving Lender By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory None. None. Barclays Bank PLC $1,000,000,000 $33,300,000 33.30% ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Senior Funding, Inc. $0 $33,300,000 33.30% Deutsche Bank AG New York Branch $0 $14,400,000 14.40% KeyBank National Association $0 $14,000,000 14.00% Credit Suisse AG, Cayman Islands Branch $0 $5,000,000 5.00%

Appears in 1 contract

Sources: First Lien Credit and Guaranty Agreement (Quality Care Properties, Inc.)

Keepwell. Each U.S. Grantor that is a Qualified ECP Guarantor at the time the Guaranty under the Loan Documents by any Grantor that is not then an “eligible contract participant” under the Commodity Exchange Act (a “Specified Loan Party”) or the grant of a security interest under this Agreement by any such Specified Loan Party, in either case, becomes effective with respect to any Swap Obligation, hereby jointly and severally severally, absolutely, unconditionally and irrevocably undertakes to provide such funds or other support to each Specified Loan Party with respect to such Swap Obligation as may be needed by such Specified Loan Party from time to time by each other Loan Party to honor all of its obligations under this Guaranty the Loan Documents in respect of such Swap Obligations Obligation (providedbut, howeverin each case, that each Qualified ECP Guarantor shall only be liable under this Section 11.11 for up to the maximum amount of such liability that can be hereby incurred without rendering such Qualified ECP Guarantor’s obligations and undertakings under its Guaranty voidable under applicable Debtor Relief Laws, and not for any greater amount). Each Offshore Grantor that is a Qualified ECP Guarantor at the time the Guaranty under the Loan Documents by any other Offshore Grantor that is either a direct or indirect parent of, or Subsidiary of, such Offshore Grantor but is not then an “eligible contract participant” under the Commodity Exchange Act (a “Specified Offshore Loan Party”) or the grant of a security interest under this Agreement by any such Specified Offshore Loan Party, in either case, becomes effective with respect to any Swap Obligation, hereby jointly and severally, absolutely, unconditionally and irrevocably undertakes to provide such funds or other support to each Specified Offshore Loan Party with respect to such Swap Obligation as may be needed by such Specified Offshore Loan Party from time to time to honor all of its obligations under this Section 11.11the Loan Documents in respect of such Swap Obligation (but, or otherwise in each case, only up to the maximum amount of such liability that can be hereby incurred without rendering such Qualified ECP Guarantor’s obligations and undertakings under this Guarantee, it Guaranty voidable under applicable Law relating to fraudulent conveyance or fraudulent transferDebtor Relief Laws, and not for any greater amount). The obligations and undertakings of each Qualified ECP Guarantor under this Section 11.11 shall remain in full force and effect until all Commitments hereunder have terminated, and all Loans or other the Obligations hereunder which are accrued and payable have been indefeasibly paid or satisfied (other than Cash Management Obligations and Obligations arising under any Secured Hedge Agreement), and no Letter of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory to the applicable L/C Issuer has been put performed in place)full. Each Qualified ECP Guarantor Grantor intends that this Section 11.11 to constitute, and this Section 11.11 shall be deemed to constitute, a “keepwell, support, or other agreement” for the benefit of each other Specified Loan Party or Specified Offshore Loan Party, as applicable, for all purposes of Section 1a(18)(A)(v)(II) of the Commodity Exchange Act.

Appears in 1 contract

Sources: Credit Agreement (Devry Education Group Inc.)

Keepwell. Each Qualified ECP Guarantor hereby Loan Party jointly and severally absolutely, (together with each other Qualified ECP Loan Party) hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Swap Obligations owing by each Non-Qualifying Party (it being understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by each other Loan any Non-Qualifying Party to honor all of its such Non‑Qualifying Party’s obligations under this Guaranty Agreement or any other Loan Document in respect of Swap Obligations (provided, however, that each Qualified ECP Guarantor Loan Party shall only be liable under this Section 11.11 8.1.10 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this Section 11.118.1.10, or otherwise under this GuaranteeAgreement or any other Loan Document, voidable under applicable Law law, including applicable law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor Loan Party under this Section 11.11 8.1.10 shall remain in full force and effect until all Commitments hereunder have terminated, and all Loans or other Obligations hereunder which are accrued and payable have been paid or satisfied (other than Cash Management payment in full of the Obligations and Obligations arising under any Secured Hedge Agreement), termination of this Agreement and no Letter of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory to the applicable L/C Issuer has been put in place)other Loan Documents. Each Qualified ECP Guarantor Loan Party intends that this Section 11.11 8.1.10 constitute, and this Section 11.11 8.1.10 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of each other Loan Party for all purposes of Section 1a(18)(A)(v)(II1a(18(A)(v)(II) of the Commodity Exchange ActCEA. 11. Anti-Terrorism Laws. (a) No Covered Entity will become a Sanctioned Person, (b) no Covered Entity, either in its own right or through any third party, will (A) have any of its assets in a Sanctioned Country or in the possession, custody or control of a Sanctioned Person in violation of any Anti-Terrorism Law; (B) do business in or with, or derive any of its income from investments in or transactions with, any Sanctioned Country or Sanctioned Person in violation of any Anti-Terrorism Law; (C) engage in any dealings or transactions prohibited by any Anti-Terrorism Law or (D) use the Loans to fund any operations in, finance any investments or activities in, or, make any payments to, a Sanctioned Country or Sanctioned Person in violation of any Anti-Terrorism Law, (c) the funds used to repay the Obligations will not be derived from any unlawful activity, (d) each Covered Entity shall comply with all Anti-Terrorism Laws, and (e) the Borrower shall promptly notify the Administrative Agent in writing upon the occurrence of a Reportable Compliance Event.

Appears in 1 contract

Sources: Credit Agreement (Federated Investors Inc /Pa/)

Keepwell. Each Qualified ECP Guarantor (as defined below) hereby jointly and severally severally, absolutely, unconditionally and irrevocably undertakes to provide such funds or other support as may be needed from time to time by each other Loan Party Guarantor to honor all of its obligations under this Guaranty in respect of any guarantee of or obligation of such other Guarantor to pay or perform under any Secured Hedge Agreement that constitutes a Swap Obligations (Obligation; provided, however, that each Qualified ECP Guarantor shall only be liable under this Section 11.11 13 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this Section 11.1113, or otherwise under this GuaranteeGuaranty, voidable under applicable Law law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor under this Section 11.11 13 shall remain in full force and effect until all Commitments hereunder have terminated, of the Guaranteed Obligations and all Loans or other Obligations hereunder which are accrued and amounts payable under this Guaranty shall have been paid or satisfied in full in cash (other than contingent indemnification or other contingent obligations and obligations and liabilities under Secured Cash Management Obligations Agreements and Obligations arising under any Secured Hedge AgreementAgreements, in each case, as to which no claim has been asserted), and no Letter the expiration or termination of all Letters of Credit remains outstanding (except any Letter other than Letters of Credit the Outstanding Amount of which the Obligations related thereto has that have been Cash Collateralized Collateralized) and the expiration or for which a backstop letter termination of credit reasonably satisfactory to the applicable L/C Issuer has been put in place)Aggregate Commitments. Each Qualified ECP Guarantor intends that this Section 11.11 13 constitute, and this Section 11.11 13 shall be deemed to constitute, a “keepwell, support, or other agreement” for the benefit of each other Loan Party Guarantor for all purposes of Section 1a(18)(A)(v)(II) of the Commodity Exchange Act.)

Appears in 1 contract

Sources: Guaranty (Keyw Holding Corp)

Keepwell. Each Credit Party that is a Qualified ECP Guarantor at the time the Guaranty in this Article XI by any Credit Party that is not then an “eligible contract participant” under the Commodity Exchange Act (a “Specified Credit Party”) or the grant of a security interest under the Loan Documents by any such Specified Credit Party, in either case, becomes effective with respect to any Swap Obligation, hereby jointly and severally severally, absolutely, unconditionally and irrevocably undertakes to provide such funds or other support to each Specified Credit Party with respect to such Swap Obligation as may be needed by such Specified Credit Party from time to time by each other Loan Party to honor all of its obligations under this Guaranty the Loan Documents in respect of such Swap Obligations Obligation (providedbut, howeverin each case, that each Qualified ECP Guarantor shall only be liable under this Section 11.11 for up to the maximum amount of such liability that can be hereby incurred without rendering its such Qualified ECP Guarantor’s obligations and undertakings under this Section 11.11, or otherwise under this Guarantee, Article XI voidable under applicable Law relating to fraudulent conveyance or fraudulent transferDebtor Relief Laws, and not for any greater amount). The obligations and undertakings of each Qualified ECP Guarantor under this Section 11.11 shall remain in full force and effect until all Commitments hereunder have terminated, and all Loans or other the Obligations hereunder which are accrued and payable have been indefeasibly paid or satisfied (other than Cash Management Obligations and Obligations arising under any Secured Hedge Agreement), and no Letter of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory to the applicable L/C Issuer has been put performed in place)full. Each Qualified ECP Guarantor Credit Party intends that this Section 11.11 to constitute, and this Section 11.11 shall be deemed to constitute, a “keepwell, support, or other agreement” for the benefit of each other Loan Specified Credit Party for all purposes of Section 1a(18)(A)(v)(II) of the Commodity Exchange Act. [Signature pages follow.] CREDIT AGREEMENT SHARKNINJA APPLIANCE LLC (2023) LENDERS: BANK OF AMERICA, N.A., as a Lender, Swing Line Lender and L/C Issuer By: Name: Title: CREDIT AGREEMENT SHARKNINJA APPLIANCE LLC (2023) JPMORGAN CHASE BANK, N.A., as a Lender By: Name: Title: Name: ▇▇▇▇▇▇▇▇ AU Title: Senior Corporate Relationship Manager CREDIT AGREEMENT SHARKNINJA APPLIANCE LLC (2023) CREDIT AGREEMENT SHARKNINJA APPLIANCE LLC (2023) ▇▇▇▇▇ FARGO BANK, N.A., as a Lender By: Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Vice President 177 CHAR1\1999704v12 LENDERS: PNC BANK, N.A., as a Lender, Co-Documentation Agent By: Name: ▇▇▇▇▇▇▇ ▇’▇▇▇▇▇▇ ▇▇▇▇▇: Senior Vice President CREDIT AGREEMENT SHARKNINJA APPLIANCE LLC (2023) CAPITAL ONE, NATIONAL ASSOCIATION, as a Lender By: Name: ▇▇▇▇▇ ▇▇▇▇ Title: Vice President CREDIT AGREEMENT SHARKNINJA APPLIANCE LLC (2023) Confidential SANTANDER BANK, N.A., as a Lender By: Name: ▇▇▇ ▇▇▇ Title: Managing Director CREDIT AGREEMENT SHARKNINJA APPLIANCE LLC (2023) ▇▇▇▇▇▇▇ ▇▇▇▇▇ BANK USA, as a Lender By: Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Authorized Signatory CREDIT AGREEMENT SHARKNINJA APPLIANCE LLC (2023) ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ BANK, N.A., as a Lender By: Name: ▇▇▇▇▇▇▇ ▇▇▇▇ Title: Authorized Signatory 2312503.03A-NYCSR03A - MSW CHAR1\2016147v3 Schedule 1.01 Existing Letters of Credit Lender: Bank of America, N.A. Beneficiary: Philadelphia Indemnity Insurance Company Amount: USD 5,600,000 Letter of Credit Number: 68177644 Account Party: SharkNinja Operating LLC Expiration Date: September 22, 2023 (Evergreen) Lender: Bank of America, N.A. Beneficiary: Bank of America Europe Amount: GBP 1,400,000 Letter of Credit Number: 68179258 Account Party: SharkNinja Europe Ltd Expiration Date: December 31, 2023 (Evergreen) Lender: Bank of America, N.A. Beneficiary: Needham Nine Owner, LLC Amount: USD 2,340,025 Letter of Credit Number: 68177645 Account Party: SharkNinja Operating LLC Expiration Date: September 22, 2023 (Evergreen) 2 2312503.03A-NYCSR03A - MSW CHAR1\2016147v3 Schedule 2.01 Commitments and Applicable Percentages Lender Revolving Commitment Applicable Percentage of Aggregate Revolving Commitments Initial Term Loan Commitment Applicable Percentage of Initial Term Loan Commitments Tax Jurisdiction Select one of the following: 1. UK Qualifying Lender (other than a UK Treaty Lender) 2. UK Treaty Lender 3. Not a UK Qualifying Lender Treaty Passport Scheme Reference Number Bank of America, N.A. $60,000,000 12.000000000% $140,000,000 17.283950617% USA UK Treaty Lender 13/B/7418/DTTP JPMorgan Chase Bank, N.A. $55,000,000 11.000000000% $85,000,000 10.493827160% USA UK Treaty Lender 13/M/268710/DTTP HSBC Bank USA, N.A. $42,428,571 8.485714200% $65,571,429 8.095238148% USA Not a UK Qualifying Lender1 N/A HSBC UK Bank Plc $12,571,429 2.514285800% $19,428,571 2.398589012% UK UK Qualifying Lender (other than a UK Treaty Lender) N/A 1 Notwithstanding any provision in the Agreement or any other agreement between HSBC Bank USA N.A. and the Credit Parties, HSBC Bank USA N.A. hereby agrees that it shall be treated as not a UK Qualifying Lender for the purposes of the Agreement. After the date of this Agreement, HSBC Bank USA N.A. may by notice to the Borrower Representative and the Agent amend its status to UK Treaty Lender provided that such notice includes details of HSBC Bank USA N.A’s UK DTTP Scheme reference number (or other applicable UK Qualifying Lender status in accordance with the Agreement) and jurisdiction of tax residence, and provided further that such updated status shall be effective on the date the notice is deemed to have been received pursuant to Section 10.02 of the Agreement.

Appears in 1 contract

Sources: Credit Agreement (SharkNinja, Inc.)

Keepwell. Each Qualified ECP Guarantor (as defined below) hereby jointly and severally severally, absolutely, unconditionally and irrevocably undertakes to provide such funds or and other support as may be needed from time to time by each other Loan Credit Party to honor all of its obligations under this Guaranty and the other Loan Documents in respect of Swap Obligations (provided, however, that each Qualified ECP Guarantor shall only be liable under this Section 11.11 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this Section 11.11Section, or otherwise under this GuaranteeGuaranty or any other Loan Document, voidable under applicable Law relating to fraudulent conveyance or fraudulent transfer, Debtor Relief Laws and not for any greater amount). The Subject to Section 7 hereof, the obligations of each Qualified ECP Guarantor under this Section 11.11 shall remain in full force and effect until all Commitments hereunder have terminated, of the Secured Obligations and all Loans or the obligations of the Guarantors (excluding contingent obligations (other Obligations hereunder than any such obligations in respect of a Letter of Credit) as to which are accrued and payable no claim has been made) shall have been paid or satisfied (other than Cash Management Obligations in full in cash and Obligations arising under any Secured Hedge Agreement), the Commitments and no Letter all Letters of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory to the applicable L/C Issuer has been put in place)are terminated. Each Qualified ECP Guarantor intends that this Section 11.11 constitute, and this Section 11.11 shall be deemed to constitute, a “keepwell, support, support or other agreement” for the benefit of each other Loan Credit Party for all purposes of Section 1a(18)(A)(v)(II) of the Commodity Exchange Act. For purposes of this Section, “Qualified ECP Guarantor” means, in respect of any Swap Obligation, each Credit Party that has total assets exceeding $10,000,000 at the time the relevant guarantee or grant of the relevant security interest becomes effective with respect to such Swap Obligation or such other Person as constitutes an “eligible contract participant” under the Commodity Exchange Act or any regulations promulgated thereunder and can cause another Person to qualify as an “eligible contract participant” at such time by entering into a keepwell under Section 1a(18)(A)(v)(II) of the Commodity Exchange Act.

Appears in 1 contract

Sources: Subsidiary Guaranty Agreement (Ruckus Wireless Inc)

Keepwell. Each Qualified ECP Guarantor Domestic Loan Party that is an “eligible contract participant” under the Commodity Exchange Act (determined before giving effect to this Section 4.09) with total assets exceeding $10 million (or such other Domestic Loan Party as constitutes an “eligible contract participant” under the Commodity Exchange Act and can cause another person to qualify as an “eligible contract participant”) at the time the guarantee under this Article IV becomes effective with respect to any Swap Obligation, hereby jointly and severally severally, absolutely, unconditionally and irrevocably undertakes to provide such funds or other support to each Loan Party that is not then an “eligible contract participant” under the Commodity Exchange Act as may be needed by such other Loan Party from time to time after a payment default under the Swap Obligation guaranteed by each such other Loan Party to honor all of its obligations Swap Obligations under this Guaranty Article IV (but, in respect of Swap Obligations (providedeach case, however, that each Qualified ECP Guarantor shall only be liable under this Section 11.11 for up to the maximum amount of such liability that can be hereby incurred without rendering its obligations any Domestic Loan Party’s undertakings under this Section 11.11, or otherwise under this Guarantee, voidable under applicable Law law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). In addition, to the extent the Commodity Exchange Act requires a Foreign Loan Party to be an “eligible contract participant” under the Commodity Exchange Act, each Foreign Loan Party that is an “eligible contract participant” under the Commodity Exchange Act (determined before giving effect to this Section 4.09) with total assets exceeding $10 million (or such other Foreign Loan Party as constitutes an “eligible contract participant” under the Commodity Exchange Act and can cause another person to qualify as an “eligible contract participant”) at the time the guarantee under this Article IV becomes effective with respect to any Swap Obligation that is a Foreign Obligation (a “Foreign Swap Obligation”), hereby jointly and severally, absolutely, unconditionally and irrevocably undertakes to provide such funds or other support to each Foreign Loan Party that is not then an “eligible contract participant” under the Commodity Exchange Act as may be needed by such other Foreign Loan Party from time to time after a payment default under the Foreign Swap Obligation guaranteed by such other Foreign Loan Party to honor all of its Foreign Swap Obligations under this Article IV (but, in each case, only up to the maximum amount of such liability that can be hereby incurred without rendering any Foreign Loan Party’s undertakings under this Section voidable under applicable law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations undertaking of each Qualified ECP Guarantor Loan Party under this Section 11.11 shall remain in full force and effect until all Commitments hereunder have terminated, and all Loans or other the Obligations hereunder which are accrued and payable have been paid in full and the Commitments have expired or satisfied (other than Cash Management Obligations and Obligations arising under any Secured Hedge Agreement), and no Letter of Credit remains outstanding (except any Letter of Credit the Outstanding Amount of which the Obligations related thereto has been Cash Collateralized or for which a backstop letter of credit reasonably satisfactory to the applicable L/C Issuer has been put in place)terminated. Each Qualified ECP Guarantor Loan Party intends that this Section 11.11 to constitute, and this Section 11.11 shall be deemed to constitute, a “keepwell, support, or other agreement” for the benefit of each other Loan Party for all purposes of Section 1a(18)(A)(v)(II) of that would otherwise not constitute an “eligible contract participant” under the Commodity Exchange Act. (s) Section 7.02 of the Credit Agreement is hereby amended by (i) deleting “and” at the end of clause (h); replacing “.” at the end of clause (i) with “; and” and (iii) inserting the following new clause (j) at the end thereof:

Appears in 1 contract

Sources: Credit Agreement (GFI Group Inc.)