Common use of Addition of Guarantors Clause in Contracts

Addition of Guarantors. The initial Guarantors hereunder shall be each of the Subsidiaries of Parent that are signatories hereto and that are listed on Schedule 1 attached hereto. From time to time subsequent to the time hereof, additional Subsidiaries of Parent may become parties hereto as additional Guarantors (each an “Additional Guarantor”) by executing a supplement to this Guaranty Agreement in the form of Exhibit A attached hereto (or such other form as may be satisfactory to the Administrative Agent). Upon delivery of any such supplement to Administrative Agent, notice of which is hereby waived by Guarantors, each such Additional Guarantor shall be a Guarantor and shall be a party hereto as if such Additional Guarantor were an original signatory hereof. Each Guarantor expressly agrees that its obligations arising hereunder shall not be affected or diminished by the addition or release of any other Guarantor hereunder, or by any election by Administrative Agent or any Lenders not to cause any Subsidiary to become an Additional Guarantor hereunder. This Guaranty Agreement shall be fully effective as to any Guarantor that is or becomes a party hereto regardless of whether any such person becomes or fails to become or ceases to be a Guarantor hereunder].2

Appears in 4 contracts

Samples: Credit Agreement (Suburban Propane Partners Lp), Credit Agreement (Suburban Propane Partners Lp), Credit Agreement (Suburban Propane Partners Lp)

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Addition of Guarantors. The initial Guarantors hereunder shall be each of the Subsidiaries of Parent Borrower that are signatories hereto and that are listed on Schedule 1 attached hereto. From time to time subsequent to the time hereof, additional Subsidiaries of Parent Borrower may become parties hereto as additional Guarantors (each an “Additional Guarantor”) by executing a supplement to counterpart of this Guaranty Agreement in the form of Exhibit A attached hereto (or such other form as may be satisfactory and delivery to the Administrative Agent)Agent of all items required pursuant to Section 6.12(b) of the Credit Agreement. Upon delivery of any such supplement counterpart to Administrative Agent, notice of which is hereby waived by Guarantors, each such Additional Guarantor shall be a Guarantor and shall be a party hereto as if such Additional Guarantor were an original signatory hereof. Each Guarantor expressly agrees that its obligations arising hereunder shall not be affected or diminished by the addition or release of any other Guarantor hereunder, or by any election by Administrative Agent or any Lenders not to cause any Subsidiary of Borrower to become an Additional Guarantor hereunder. This Guaranty Agreement shall be fully effective as to any Guarantor that is or becomes a party hereto regardless of whether any such person becomes or fails to become or ceases to be a Guarantor hereunder].2.

Appears in 3 contracts

Samples: Credit Agreement (Patterson Uti Energy Inc), Credit Agreement (Patterson Uti Energy Inc), 364 Day Credit Agreement (Patterson Uti Energy Inc)

Addition of Guarantors. The initial Guarantors hereunder shall be each of the Subsidiaries of Parent Borrower that are signatories hereto and that are listed on Schedule 1 attached hereto. From time to time subsequent to the time hereof, additional Subsidiaries of Parent Borrower may become parties hereto as additional Guarantors (each an “Additional Guarantor”) by executing a supplement to counterpart of this Guaranty Agreement in the form of Exhibit A attached hereto (or such other form as may be satisfactory and delivery to the Administrative Agent)Agent of all items required pursuant to Section 6.12(b) of the Loan Agreement. Upon delivery of any such supplement counterpart to Administrative Agent, notice of which is hereby waived by Guarantors, each such Additional Guarantor shall be a Guarantor and shall be a party hereto as if such Additional Guarantor were an original signatory hereof. Each Guarantor expressly agrees that its obligations arising hereunder shall not be affected or diminished by the addition or release of any other Guarantor hereunder, or by any election by Administrative Agent or any Lenders not to cause any Subsidiary of Borrower to become an Additional Guarantor hereunder. This Guaranty Agreement shall be fully effective as to any Guarantor that is or becomes a party hereto regardless of whether any such person becomes or fails to become or ceases to be a Guarantor hereunder].2.

Appears in 2 contracts

Samples: Term Loan Agreement (Patterson Uti Energy Inc), Continuing Guaranty (Patterson Uti Energy Inc)

Addition of Guarantors. The initial Guarantors hereunder shall be each of the Subsidiaries of Parent Borrower that are signatories hereto and that are listed on Schedule 1 attached hereto. From time to time subsequent to the time hereof, additional Subsidiaries of Parent Borrower may become parties hereto as additional Guarantors (each an “Additional Guarantor”) by executing a supplement to counterpart of this Guaranty Agreement in the form of Exhibit A attached hereto (or such other form as may be satisfactory and delivery to the Administrative Agent)Agent of all items required pursuant to Section 6.12(b) of the Credit Agreement. Upon delivery of any such supplement counterpart to Administrative Agent, notice of which is hereby waived by Guarantors, each such Additional Guarantor shall be a Guarantor and shall be a party hereto as if such Additional Guarantor were an original signatory hereof. Each Guarantor expressly agrees that its obligations arising hereunder shall not be affected or diminished by the addition or release of any other Guarantor hereunder, or by any election by Administrative Agent or any Lenders not to cause any Subsidiary of Borrower to become an Additional Guarantor hereunder. This Guaranty Agreement shall be fully effective as to any Guarantor that is or becomes a party hereto regardless of whether any such person becomes or fails to become or ceases to be a Guarantor hereunder].222.

Appears in 1 contract

Samples: Credit Agreement

Addition of Guarantors. The initial Guarantors hereunder shall be each of the Restricted Subsidiaries of Parent that are signatories hereto and that are listed on Schedule 1 attached hereto. From time to time subsequent to the time hereof, additional Restricted Subsidiaries of Parent may become parties hereto as additional Guarantors (each an “Additional Guarantor”) by executing a supplement to counterpart of this Guaranty Agreement in the form of Exhibit A attached hereto (or such other form as may be satisfactory to the Administrative Agent)hereto. Upon delivery of any such supplement counterpart to Administrative Agent, notice of which is hereby waived by Guarantorseach Guarantor, each such Additional Guarantor shall be a Guarantor and shall be a party hereto as if such Additional Guarantor were an original signatory hereof. Each Guarantor expressly agrees that its obligations arising hereunder shall not be affected or diminished by the addition or release of any other Guarantor hereunder, or by any election by Administrative Agent or any Lenders not to cause any Restricted Subsidiary to become an Additional Guarantor hereunder. This Guaranty Agreement shall be fully effective as to any Guarantor that is or becomes a party hereto regardless of whether any such person becomes or fails to become or ceases to be a Guarantor hereunder].2hereunder. Notwithstanding anything contained herein, any Guarantor that ceases to be a Restricted Subsidiary in accordance with the terms of the Credit Agreement shall automatically cease to be a Guarantor hereunder.

Appears in 1 contract

Samples: Credit Agreement (Martin Midstream Partners Lp)

Addition of Guarantors. The initial Guarantors hereunder shall be each of the Subsidiaries of Parent the Borrower that are signatories hereto and that are listed on Schedule 1 attached hereto. From time to time subsequent to the time hereof, additional Subsidiaries of Parent the Borrower may become parties hereto as additional Guarantors (each an “Additional Guarantor”) by executing a supplement to counterpart of this Guaranty Agreement in the form of Exhibit A attached hereto and delivery to the Administrative Agent (or a) documents of the types referred to in clauses (iii) and (iv) of Section 4.01(a) of the Loan Agreement, (b) if requested by the Administrative Agent, favorable opinions of counsel to such Person (which shall cover, among other form as may be things, the legality, validity, binding effect and enforceability of this Guaranty Agreement) all in form, content and scope reasonably satisfactory to the Administrative Agent), and (c) to the extent not already provided to the Administrative Agent, all documentation and other information that is required by regulatory authorities under applicable “know your customer” and anti-money-laundering rules and regulations, including, without limitation, the Patriot Act, all as the Administrative Agent may reasonably request. Upon delivery of any such supplement counterpart to Administrative Agent, notice of which is hereby waived by Guarantors, each such Additional Guarantor shall be a Guarantor and shall be a party hereto as if such Additional Guarantor were an original signatory hereof. Exhibit E Each Guarantor expressly agrees that its obligations arising hereunder shall not be affected or diminished by the addition or release of any other Guarantor hereunder, or by any election by Administrative Agent or any Lenders not to cause any Subsidiary of the Borrower to become an Additional Guarantor hereunder. This Guaranty Agreement shall be fully effective as to any Guarantor that is or becomes a party hereto regardless of whether any such person becomes or fails to become or ceases to be a Guarantor hereunder].2.

Appears in 1 contract

Samples: Term Loan Agreement (Patterson Uti Energy Inc)

Addition of Guarantors. The initial Guarantors hereunder shall be each of the Subsidiaries of Parent Borrower that are signatories hereto and that are listed on Schedule 1 attached hereto. From time to time subsequent to the time hereof, if required under the Agreement, additional Subsidiaries of Parent Borrower (a) may become parties hereto as additional Guarantors (each an "Additional Guarantor”) by executing a supplement to counterpart of this Guaranty Agreement in the form of Exhibit A A-1 attached hereto and (or such other form as may be satisfactory b) shall deliver to the Administrative Agent)Bank all items required pursuant to Section 12 of the Agreement. Upon delivery of any such supplement counterpart to Administrative Agentthe Bank, notice of which is hereby waived by Guarantors, each such Additional Guarantor shall be a Guarantor and shall be a party hereto as if such Additional Guarantor were an original signatory hereof. Each Guarantor expressly agrees that its obligations arising hereunder shall not be affected or diminished by the addition or release of any other Guarantor hereunder, or by any election by Administrative Agent or any Lenders the Bank not to cause any Subsidiary of Borrower to become an Additional Guarantor hereunder. This Guaranty Agreement shall be fully effective as to any Guarantor that is or becomes a party hereto regardless of whether any such person becomes or fails to become or ceases to be a Guarantor hereunder].2.

Appears in 1 contract

Samples: Continuing Guaranty (Patterson Uti Energy Inc)

Addition of Guarantors. The initial Guarantors hereunder shall be each of the Subsidiaries of Parent the Borrower that are signatories hereto and that are listed on Schedule 1 attached hereto. From time to time subsequent to the time hereof, additional Subsidiaries of Parent the Borrower may become parties hereto as additional Guarantors (each an “Additional Guarantor”) by executing a supplement to counterpart of this Guaranty Agreement in the form of Exhibit A attached hereto and delivery to the Administrative Agent (or a) documents of the types referred to in clauses (iii) and (iv) of Section 4.01(a) of the Credit Agreement, (b) if requested by the Administrative Agent, favorable opinions of counsel to such Person (which shall cover, among other form as may be things, the legality, validity, binding effect and enforceability of this Guaranty Agreement) all in form, content and scope reasonably satisfactory to the Administrative Agent), and (c) to the extent not already provided to the Administrative Agent, all documentation and other information that is required by regulatory authorities under applicable “know your customer” and anti-money-laundering rules and regulations, including, without limitation, the Patriot Act, all as the Administrative Agent may reasonably request. Upon delivery of any such supplement counterpart to Administrative Agent, notice of which is hereby waived by Guarantors, each such Additional Guarantor shall be a Guarantor and Exhibit E shall be a party hereto as if such Additional Guarantor were an original signatory hereof. Each Guarantor expressly agrees that its obligations arising hereunder shall not be affected or diminished by the addition or release of any other Guarantor hereunder, or by any election by Administrative Agent or any Lenders not to cause any Subsidiary of the Borrower to become an Additional Guarantor hereunder. This Guaranty Agreement shall be fully effective as to any Guarantor that is or becomes a party hereto regardless of whether any such person becomes or fails to become or ceases to be a Guarantor hereunder].2.

Appears in 1 contract

Samples: Credit Agreement (Patterson Uti Energy Inc)

Addition of Guarantors. The initial Guarantors hereunder shall be each of the Subsidiaries of Parent Borrower that are signatories hereto and that are listed on Schedule 1 attached hereto. From time to time subsequent to the time hereof, additional Subsidiaries of Parent Borrower may become parties hereto as additional Guarantors (each an "Additional Guarantor") by executing a supplement to counterpart of this Guaranty Agreement in the form of Exhibit A attached hereto (or such other form as may be satisfactory to the Administrative Agent)hereto. Upon delivery of any such supplement counterpart to Administrative Agent, notice of which is hereby waived by Guarantors, each such Additional Guarantor shall be a Guarantor and shall be a party hereto as if such Additional Guarantor were an original signatory hereof. Each Guarantor expressly agrees that its obligations arising hereunder shall not be affected or diminished by the addition or release of any other Guarantor hereunder, or by any election by Administrative Agent or any Lenders not to cause any Subsidiary of Borrower to become an Additional Guarantor hereunder. This Guaranty Agreement shall be fully effective as to any Guarantor that is or becomes a party hereto regardless of whether any such person becomes or fails to become or ceases to be a Guarantor hereunder].2.

Appears in 1 contract

Samples: Credit Agreement (Patterson Uti Energy Inc)

Addition of Guarantors. The initial Guarantors hereunder shall be each of the Subsidiaries of Parent that are signatories hereto and that are listed on Schedule 1 attached hereto. From time to time subsequent to the time hereof, additional Subsidiaries of Parent may become parties hereto as additional Guarantors (each each, an “Additional Guarantor”) by executing a supplement to this Guaranty Agreement in the form of Exhibit A attached hereto (or such other form as may be satisfactory to the Administrative Agent). Upon delivery of any such supplement to Administrative Agent, notice of which is hereby waived by Guarantors, each such Additional Guarantor shall be a Guarantor and shall be a party hereto as if such Additional Guarantor were an original signatory hereof. Each Guarantor expressly agrees that its obligations arising hereunder shall not be affected or diminished by the addition or release of any other Guarantor hereunder, or by any election by Administrative Agent or any Lenders not to cause any Subsidiary to become an Additional Guarantor hereunder. This Guaranty Agreement shall be fully effective as to any Guarantor that is or becomes a party hereto regardless of whether any such person becomes or fails to become or ceases to be a Guarantor hereunder].2hereunder]2

Appears in 1 contract

Samples: Credit Agreement (Suburban Propane Partners Lp)

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Addition of Guarantors. The initial Guarantor or Guarantors hereunder shall be each of the Subsidiaries of Parent the MLP that are signatories hereto and that are listed on Schedule 1 attached hereto. From time to time subsequent to the time hereof, additional Subsidiaries of Parent the MLP may become parties hereto as additional Guarantors (each an “Additional Guarantor”) by executing a supplement to counterpart of this Guaranty Agreement in the form of Exhibit A attached hereto (or such other form as may be satisfactory to the Administrative Agent) (each an “Additional Guarantor Counterpart”). Upon delivery of any such supplement an Additional Guarantor Counterpart to Administrative Agent, notice of which is hereby waived by Guarantors, each such Additional Guarantor shall be a Guarantor and shall be a party hereto as if such Additional Guarantor were an original signatory hereof. Each Guarantor expressly agrees that its obligations arising hereunder shall not be affected or diminished by the addition or release of any other Guarantor hereunder, or by any election by the Administrative Agent or any Lenders not to cause any Subsidiary of the MLP to become an Additional Guarantor hereunder. This Guaranty Agreement shall be fully effective as to any Guarantor that is or becomes a party hereto regardless of whether any such other person becomes or fails to become or ceases to be a Guarantor hereunder].2hereunder.

Appears in 1 contract

Samples: Credit Agreement (El Paso Pipeline Partners, L.P.)

Addition of Guarantors. The initial Guarantors hereunder shall be each of the Subsidiaries of Parent that are signatories hereto and that are listed on Schedule 1 attached hereto. From time to time subsequent to the time hereof, additional Subsidiaries of Parent may become parties hereto as additional Guarantors (each each, an “Additional Guarantor”) by executing a supplement to this Guaranty Agreement in the form of Exhibit A attached hereto (or such other form as may be satisfactory to the Administrative Agent). Upon delivery of any such supplement to Administrative Agent, notice of which is hereby waived by Guarantors, each such Additional Guarantor shall be a Guarantor and shall be a party hereto as if such Additional Guarantor were an original signatory hereof. Each Guarantor expressly agrees that its obligations arising hereunder shall not be affected or diminished by the addition or release of any other Guarantor hereunder, or by any election by Administrative Agent or any Lenders not to cause any Subsidiary to become an Additional Guarantor hereunder. This Guaranty Agreement shall be fully effective as to any Guarantor that is or becomes a party hereto regardless of whether any such person becomes or fails to become or ceases to be a Guarantor hereunder].2hereunder]2

Appears in 1 contract

Samples: Credit Agreement (Suburban Propane Partners Lp)

Addition of Guarantors. The initial (a) Each New Guarantor is hereby added as a Guarantor under the Guaranty. Each New Guarantor hereby joins in the Guaranty, and agrees to be bound and obligated under the Guaranty with the other parties thereto, and hereby joins in all of the representations, warranties, covenants and other provisions by which the Guarantors hereunder are bound which are contained therein, all with the same effect as if each New Guarantor had executed the Guaranty as of September 30, 2011, except that all representations and warranties relating to the New Guarantors which contained in this Agreement or are added by this Agreement to the Documents, shall be each effective as of the Subsidiaries date of Parent that are signatories hereto and that are listed on Schedule 1 attached heretothis Agreement. From time to time subsequent All references in the Documents to the time hereofGuarantors under the Guaranty shall be deemed to include a reference to the New Guarantors. All of the Documents are hereby modified and amended to incorporate the foregoing provisions of this paragraph. (b) The first sentence in Section 3(a) of the Guaranty is hereby modified and amended in its entirety to read as follows effective as of the date of this Agreement, additional Subsidiaries with the existing first sentence in Section 3(a) of Parent may become parties hereto as additional Guarantors (each an “Additional Guarantor”) by executing the Guaranty to continue to be effective for periods prior to the date of this Agreement: Each Owner is a supplement limited liability company duly organized, validly existing and in good standing under the laws of the State of Georgia and duly registered to this Guaranty Agreement transact business and in good standing in the form of Exhibit A attached hereto State in which its Project is located. (or such other form as may be satisfactory c) The address for notices to the Administrative Agent). Upon delivery New Guarantors shall be the address for notices to the other Owners set forth in Section 23 of any such supplement to Administrative Agentthe Guaranty, notice of which and the Guaranty is hereby waived by Guarantors, each such Additional Guarantor shall be a Guarantor modified and shall be a party hereto as if such Additional Guarantor were an original signatory hereof. Each Guarantor expressly agrees that its obligations arising hereunder shall not be affected or diminished by the addition or release of any other Guarantor hereunder, or by any election by Administrative Agent or any Lenders not to cause any Subsidiary to become an Additional Guarantor hereunder. This Guaranty Agreement shall be fully effective as to any Guarantor that is or becomes a party hereto regardless of whether any such person becomes or fails to become or ceases to be a Guarantor hereunder].2amended accordingly.

Appears in 1 contract

Samples: Modification Agreement (Adcare Health Systems Inc)

Addition of Guarantors. The initial Guarantors hereunder shall be each of the Subsidiaries of Parent Borrower that are signatories hereto and that are listed on Schedule 1 attached hereto. From time to time subsequent to the time hereof, if required under the Agreement, additional Subsidiaries of Parent Borrower (a) may become parties hereto as additional Guarantors (each an “Additional Guarantor”) by executing a supplement to counterpart of this Guaranty Agreement in the form of Exhibit A A-1 attached hereto and (or such other form as may be satisfactory b) shall deliver to the Administrative Agent)Bank all items required pursuant to Section 12 of the Agreement. Upon delivery of any such supplement counterpart to Administrative Agentthe Bank, notice of which is hereby waived by Guarantors, each such Additional Guarantor shall be a Guarantor and shall be a party hereto as if such Additional Guarantor were an original signatory hereof. Each Guarantor expressly agrees that its obligations arising hereunder shall not be affected or diminished by the addition or release of any other Guarantor hereunder, or by any election by Administrative Agent or any Lenders the Bank not to cause any Subsidiary of Borrower to become an Additional Guarantor hereunder. This Guaranty Agreement shall be fully effective as to any Guarantor that is or becomes a party hereto regardless of whether any such person becomes or fails to become or ceases to be a Guarantor hereunder].2.

Appears in 1 contract

Samples: Reimbursement Agreement (Patterson Uti Energy Inc)

Addition of Guarantors. The initial Guarantor or Guarantors hereunder shall be each of the Subsidiaries of Parent the MLP that are signatories hereto and that are listed on Schedule 1 attached hereto. From time to time subsequent to the time hereof, additional Subsidiaries of Parent the MLP may become parties hereto as additional Guarantors (each an “Additional Guarantor”) by executing a supplement to counterpart of this Guaranty Agreement in the form of Exhibit A attached hereto (or such other form as may be satisfactory to the Administrative Agent). Upon delivery of any such supplement counterpart to Administrative Agent, notice of which is hereby waived by Guarantors, each such Additional Guarantor shall be a Guarantor and shall be a party hereto as if such Additional Guarantor were an original signatory hereof. Each Guarantor expressly agrees that its obligations arising hereunder shall not be affected or diminished by the addition or release of any other Guarantor hereunder, or by any election by the Administrative Agent or any Lenders not to cause any Subsidiary of the MLP to become an Additional Guarantor hereunder. This Guaranty Agreement shall be fully effective as to any Guarantor that is or becomes a party hereto regardless of whether any such other person becomes or fails to become or ceases to be a Guarantor hereunder].2hereunder.

Appears in 1 contract

Samples: Credit Agreement (El Paso Pipeline Partners, L.P.)

Addition of Guarantors. The initial Guarantors hereunder shall be each of the Subsidiaries of Parent Borrower that are signatories hereto and that are listed on Schedule 1 attached hereto. From time to time subsequent to the time hereof, additional Subsidiaries of Parent Borrower may become parties hereto as additional Guarantors (each an “Additional Guarantor”) by executing a supplement to counterpart of this Guaranty Agreement in the form of Exhibit A attached hereto (or such other form as may be satisfactory to the Administrative Agent). Upon delivery of any such supplement counterpart to Administrative Agent, notice of which is hereby waived by Guarantors, each such Additional Guarantor shall be a Guarantor and shall be a party hereto as if such Additional Guarantor were an original signatory hereof. Each Guarantor expressly agrees that its obligations arising hereunder shall not be affected or diminished by the addition or release of any other Guarantor hereunder, or by any election by Administrative Agent or any Lenders not to cause any Subsidiary of Borrower to become an Additional Guarantor hereunder. This Guaranty Agreement shall be fully effective as to any Guarantor that is or becomes a party hereto regardless of whether any such person becomes or fails to become or ceases to be a Guarantor hereunder].2hereunder.

Appears in 1 contract

Samples: Term Loan Credit Agreement (Western Refining, Inc.)

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