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Parent Guarantee Agreement

 

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Title:

Parent Guarantee Agreement

Entities:

Health Fitness Corp.

Date:

2007

Size:

40KB total

Price:

$40

ID:

#2720366

 

 

► Financing ► Guarantee ► Parent Guarantee Agreements
► Healthcare ► Healthcare Facilities

 

 

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PARENT GUARANTEE AGREEMENT

between

IMS HEALTH INCORPORATED

and

GOLDMAN, SACHS & CO.

 

 

Dated as of January 19, 2007

 

 




TABLE OF CONTENTS

 

 

 

Page

 

 

 

 

 

 

 

ARTICLE 1

 

DEFINED TERMS

 

 

 

 

 

 

 

Section 1.01.

 

Definitions

 

1

 

 

 

 

 

 

 

ARTICLE 2

 

GUARANTEE

 

 

 

 

 

 

 

Section 2.01.

 

Guarantee

 

2

 

Section 2.02.

 

Guarantee Absolute and Unconditional

 

3

 

Section 2.03.

 

Waiver and Acknowledgements

 

4

 

Section 2.04.

 

Subrogation

 

4

 

 

 

 

 

 

 

ARTICLE 3

 

REPRESENTATIONS AND WARRANTIES OF GUARANTOR

 

 

 

 

 

 

 

Section 3.01.

 

Representations and Warranties of Guarantor

 

5

 

 

 

 

 

 

 

ARTICLE 4

 

MISCELLANEOUS

 

 

 

 

 

 

 

Section 4.01.

 

Amendments in Writing

 

11

 

Section 4.02.

 

No Waiver by Course of Conduct; Cumulative Remedies

 

11

 

Section 4.03.

 

Successors and Assigns

 

12

 

Section 4.04.

 

Set-Off

 

12

 

Section 4.05.

 

Credit Support Documents.

 

12

 

Section 4.06.

 

Claim in Bankruptcy

 

12

 

Section 4.07.

 

Counterparts

 

13

 

Section 4.08.

 

Severability

 

13

 

Section 4.09.

 

Section Headings

 

13

 

Section 4.10.

 

Integration

 

13

 

Section 4.11.

 

GOVERNING LAW

 

13

 

Section 4.12.

 

Arbitration

 

13

 

Section 4.13.

 

Acknowledgements

 

14

 

 

i




PARENT GUARANTEE AGREEMENT

This PARENT GUARANTEE AGREEMENT (this Agreement), dated as of January 19, 2007, is entered into between IMS Health Incorporated, a Delaware corporation (Guarantor) and Goldman, Sachs & Co. (GS&Co.) and contains a guarantee made by Guarantor in favor of GS&Co.

WITNESSETH:

WHEREAS, Guarantor is the issuer of shares of common stock, par value $0.01 per share (Ticker: RX) (Shares);

WHEREAS, IMS (Gibraltar) Holding Limited (Counterparty) and GS&Co. have entered into a master confirmation dated as of January 19, 2007 (the Master Confirmation), pursuant to which, Counterparty and GS&Co. may enter into transactions to purchase and sell Shares upon the terms and subject to the conditions set forth therein (each, a Transaction);

WHEREAS, Counterparty and GS have entered into a supplemental confirmation to the Master Confirmation dated as of January 19 2007 (the January 2007 Supplemental Confirmation) pursuant to which Counterparty and GS has entered into a Transaction;

WHEREAS, it is a condition precedent to the effectiveness of each Transaction that Guarantor shall have executed and delivered this Agreement to GS&Co.;

NOW, THEREFORE, in consideration of the premises and to induce GS&Co. to enter into the Master Confirmation, the January 2007 Supplemental Confirmation and any future supplemental confirmation to the Master Confirmation, Guarantor hereby agrees with GS&Co., for the benefit of GS&Co., as follows:

ARTICLE 1
DEFINED TERMS

Section 1.01.  Definitions.  (a) Unless otherwise defined herein, terms defined in the Master Confirmation are used herein as therein defined.

(b)       The following terms have the following meanings:

Agreement:  has the meaning set forth in the introductory paragraph hereof.

Bankruptcy Code: has the meaning set forth in Section 3.01.




Confirmation:  means, with respect to each Transaction, the Master Confirmation as supplemented by the relevant Supplemental Confirmation (including, without limitation, the January 2007 Supplemental Confirmation).


 

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