Common use of Additional Liabilities Clause in Contracts

Additional Liabilities. The creation or existence from time to time of additional Liabilities to the Administrative Agent or any Lender Party or any of them is hereby authorized, without notice to the undersigned [(or any of them)], and shall in no way affect or impair the rights of the Administrative Agent or any Lender Party or the obligations of the undersigned under this Guaranty.

Appears in 4 contracts

Samples: Security Agreement (MIDDLEBY Corp), Pledge Agreement (Middleby Corp), Security Agreement (Middleby Corp)

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Additional Liabilities. The creation or existence from time to time of additional Liabilities to the Administrative Agent or any Lender Party or any of them is hereby authorized, without notice to the undersigned [(or any of them)], and shall in no way affect or impair the rights of the Administrative Agent or any Lender Party or the obligations of the undersigned under this Guaranty.

Appears in 3 contracts

Samples: Security Agreement (MIDDLEBY Corp), Pledge Agreement (Middleby Corp), Term Loan Agreement (Regal Beloit Corp)

Additional Liabilities. The creation or existence from time to time of additional Liabilities to the Administrative Agent or any Lender Party or any of them is hereby authorized, without notice to the undersigned [(or any of them)]the undersigned, and shall in no way affect or impair the rights of the Administrative Agent or any other Lender Party or the obligations of the undersigned under this Guaranty.

Appears in 2 contracts

Samples: Credit Agreement (Smith a O Corp), Credit Agreement (Smith a O Corp)

Additional Liabilities. The creation or existence from time to time of additional Liabilities to the Administrative Agent or any other Lender Party or any of them is hereby authorized, without notice to the undersigned [(or any of them)], and shall in no way affect or impair the rights of the Administrative Agent or any other Lender Party or the obligations of the undersigned under this Guaranty.

Appears in 1 contract

Samples: Assignment Agreement (Regal Beloit Corp)

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Additional Liabilities. The creation or existence from time to time of additional Liabilities to the Administrative Agent or any other Lender Party or any of them is hereby authorized, without notice to the undersigned [(or any of them)]Subsidiary Guarantor, and shall in no way affect or impair the rights of the Administrative Agent or any other Lender Party or the obligations of the undersigned under this Guaranty.

Appears in 1 contract

Samples: Credit Agreement (Regal Beloit Corp)

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