Common use of Obligations of CIB Clause in Contracts

Obligations of CIB. Emprex hereby guarantees, absolutely, irrevocably and unconditionally, to Inmex and the Inmex Shareholders, their successors and assigns, the full and prompt performance and observance of all of the covenants, agreements and obligations of CIB under this Agreement, including any covenants, agreements and obligations contained in Section 8.1 hereof, the Stock Subscription Agreement and the Estatutos (the “Emprex Guarantee”). Emprex may assign and be released from its obligations under the Emprex Guarantee with the prior written consent of Inmex, which it may withhold in its sole discretion.