Common use of Amendments, etc. with respect to the Guaranteed Obligations Clause in Contracts

Amendments, etc. with respect to the Guaranteed Obligations. To the fullest extent permitted by applicable law, (i) each Guarantor shall remain obligated hereunder notwithstanding that, without any reservation of rights against any Guarantor and without notice to or further assent by any Guarantor, any demand for payment of any of the Guaranteed Obligations made by the Trustee or any Holder may be rescinded by the Trustee or such Holder and any of the Guaranteed Obligations continued, (ii) the Guaranteed Obligations, or the liability of any other Person upon or for any part thereof, or any guarantee therefor or right of offset with respect thereto, may, from time to time, in whole or in part, be renewed, extended, amended, modified, accelerated, compromised, waived, surrendered or released by the Trustee or any Holder, (iii) the Indenture and any other documents executed and delivered in connection with the Issuance may be amended, modified, supplemented or terminated, in whole or in part, as the Trustee (or the required amount of Holders, as the case may be) may deem reasonably advisable from time to time, and (iv) any guarantee or right of offset at any time held by the Trustee or any Holder for the payment of the Guaranteed Obligations may be sold, exchanged, waived, surrendered or released.

Appears in 14 contracts

Samples: Guarantee Agreement (Ally Us LLC), Guarantee Agreement (Gmac International Holdings B.V.), Guarantee Agreement (Gmac International Holdings B.V.)

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Amendments, etc. with respect to the Guaranteed Obligations. To the fullest extent permitted by applicable law, (i) each Each Subsidiary Guarantor shall remain obligated hereunder under this Article 2 notwithstanding that, without any reservation of rights against any such Subsidiary Guarantor and without notice to or further assent by any such Subsidiary Guarantor, (a) any demand for payment of any of the Guaranteed Obligations made by the Trustee Collateral Agent or any Holder other Secured Party may be rescinded by the Trustee Collateral Agent or such Holder any other Secured Party and any of the Guaranteed Obligations continued, (iib) the any Guaranteed Obligations, or the liability of any other Person upon or for any part thereof, or any collateral security or guarantee therefor or right of offset with respect thereto, may, from time to time, in whole or in part, be renewed, extended, amended, modified, accelerated, compromised, waived, surrendered or released by the Trustee Collateral Agent or any HolderSecured Party, and (iiic) the Indenture Credit Agreement or the other Financing Documents and any other documents executed and delivered in connection with the Issuance therewith, in each case may be amended, modified, supplemented or terminated, in whole or in part, as pursuant to the Trustee (or the required amount terms and conditions of Holders, as the case may be) may deem reasonably advisable each such applicable document from time to time, and (iv) any collateral security, guarantee or right of offset at any time held by the Trustee Collateral Agent or any Holder other Secured Party for the payment of the any Guaranteed Obligations may be sold, exchanged, waived, surrendered or released.

Appears in 11 contracts

Samples: Credit Agreement (El Paso Corp/De), Credit Agreement (Tennessee Gas Pipeline Co), Credit Agreement (Tennessee Gas Pipeline Co)

Amendments, etc. with respect to the Guaranteed Obligations. To the fullest extent permitted by applicable law, (i) each Each Guarantor shall remain obligated hereunder notwithstanding that, without any reservation of rights against any Guarantor such Guarantor, and without notice to or further assent by any Guarantor, any demand for payment of any of the Guaranteed Obligations made by the Trustee Administrative Agent or any Holder Lender may be rescinded by the Trustee Administrative Agent or such Holder Lender, as applicable, and any of the Guaranteed Obligations continued, (ii) and the Guaranteed Obligations, or the liability of any other Person party upon or for any part thereof, or any collateral security or guarantee therefor or right of offset with respect thereto, may, from time to time, in whole or in part, be renewed, extended, amended, modified, accelerated, compromised, waived, surrendered or released by the Trustee Administrative Agent or any HolderLender, (iii) the Indenture and this Agreement, and any Note and any other documents executed and delivered document in connection with the Issuance therewith may be amended, modified, supplemented or terminated, in whole or in part, as the Trustee (or the required amount of Holders, as the case may be) any Lender may deem reasonably advisable from time to time, and (iv) any collateral security, guarantee or right of offset at any time held by the Trustee Administrative Agent or any Holder Lender for the payment of the Guaranteed Obligations may be sold, exchanged, waived, surrendered or released. Neither the Administrative Agent nor any Lender shall have any obligation to protect, secure, perfect or insure any Lien or security interest at any time held by it as security for the Guaranteed Obligations or for this Subsidiary Guarantee or any property subject thereto.

Appears in 7 contracts

Samples: Credit Agreement (Phillips 66 Partners Lp), Credit Agreement (Phillips 66), Credit Agreement (Phillips 66)

Amendments, etc. with respect to the Guaranteed Obligations. To the fullest extent permitted by applicable law, (i) each Each Guarantor shall remain obligated hereunder notwithstanding that, without any reservation of rights against any Guarantor such Guarantor, and without notice to or further assent by any Guarantor, any demand for payment of any of the Guaranteed Obligations made by the Trustee or any Holder Lender may be rescinded by the Trustee or such Holder Lender, and any of the Guaranteed Obligations continued, (ii) and the Guaranteed Obligations, or the liability of any other Person party upon or for any part thereof, or any collateral security or guarantee therefor or right of offset with respect thereto, may, from time to time, in whole or in part, be renewed, extended, amended, modified, accelerated, compromised, waived, surrendered or released by the Trustee or Lender, and this Agreement, and any Holder, (iii) the Indenture Note and any other documents executed and delivered document in connection with the Issuance therewith may be amended, modified, supplemented or terminated, in whole or in part, as the Trustee (or the required amount of Holders, as the case may be) Lender may deem reasonably advisable from time to time, and (iv) any collateral security, guarantee or right of offset at any time held by the Trustee or any Holder Lender for the payment of the Guaranteed Obligations may be sold, exchanged, waived, surrendered or released. The Lender shall have no obligation to protect, secure, perfect or insure any Lien or security interest at any time held by it as security for the Guaranteed Obligations or for this Subsidiary Guarantee or any property subject thereto.

Appears in 7 contracts

Samples: Subordinated Credit Agreement (Valero Energy Partners Lp), Subordinated Credit Agreement (Valero Energy Partners Lp), Subordinated Credit Agreement (Valero Energy Partners Lp)

Amendments, etc. with respect to the Guaranteed Obligations. To the fullest extent permitted by applicable law, (i) The Borrower and each Guarantor shall remain obligated hereunder notwithstanding that, without any reservation of rights against the Borrower or any Guarantor and without notice to or further assent by the Borrower or any Guarantor, any demand for payment of any of the Guaranteed Obligations made by the Trustee or any Holder may be rescinded by the Trustee or such Holder and any of the Guaranteed Obligations continued, (ii) and the Guaranteed Obligations, or the liability of any other Person upon or for any part thereof, or any collateral security or guarantee therefor or right of offset with respect thereto, may, from time to time, in whole or in part, be renewed, extended, amended, modified, accelerated, compromised, waived, surrendered or released by and the Trustee or any HolderCredit Agreement and the other Loan Documents, (iii) the Indenture TWC Notes Documents, the TWCE Notes Documents and any other documents executed and delivered in connection with the Issuance may therewith may, from time to time, be amended, modified, supplemented supplemented, restated or terminatedterminated or the obligations thereunder increased, in whole or in partpart and any collateral security, as the Trustee (or the required amount of Holders, as the case may be) may deem reasonably advisable from time to time, and (iv) any guarantee or right of offset at any time held by the Trustee or any Holder for the payment of the Guaranteed Obligations may be sold, exchanged, waived, surrendered or released. Neither the Administrative Agent nor any other Secured Party or holder of Equally and Ratably Secured Notes Obligations shall have any obligation to protect, secure, perfect or insure any Lien at any time held by it as security for the Guaranteed Obligations or for the guarantee contained in this Section 2 or any property subject thereto.

Appears in 3 contracts

Samples: Credit Agreement (Cco Holdings LLC), Credit Agreement (Cco Holdings LLC), Credit Agreement (Charter Communications, Inc. /Mo/)

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Amendments, etc. with respect to the Guaranteed Obligations. To the fullest extent permitted by applicable law, (i) each Guarantor shall remain obligated hereunder notwithstanding that, without any reservation of rights against any Guarantor and without notice to or further assent by any Guarantor, any demand for payment of any of the Guaranteed Obligations made by the Trustee or any Holder may be rescinded by the Trustee or such Holder and any of the Guaranteed Obligations continued, (ii) the Guaranteed Obligations, or the liability of any other Person upon or for any part thereof, or any guarantee therefor or right of offset with respect thereto, may, from time to time, in whole or in part, be renewed, extended, amended, modified, accelerated, compromised, waived, surrendered or released by the Trustee or any Holder, (iii) the Indenture and any other documents executed and delivered in connection with the Issuance Exchange Offers may be amended, modified, supplemented or terminated, in whole or in part, as the Trustee (or the required amount of Holders, as the case may be) may deem reasonably advisable from time to time, and (iv) any guarantee or right of offset at any time held by the Trustee or any Holder for the payment of the Guaranteed Obligations may be sold, exchanged, waived, surrendered or released.

Appears in 1 contract

Samples: Guarantee Agreement (Gmac LLC)

Amendments, etc. with respect to the Guaranteed Obligations. To the fullest extent permitted by applicable law, (i) each Each Guarantor shall remain obligated hereunder notwithstanding that, without any reservation of rights against any Guarantor and without notice to or further assent by any Guarantor, notwithstanding: (a) that any demand for payment of any of the Guaranteed Obligations made by the Trustee or any Holder Beneficiary may be rescinded by the Trustee or such Holder Beneficiary, and any of the Guaranteed Obligations continued; (b) that any of the Note Agreement, (ii) the Guaranteed ObligationsNotes, the other Transaction Documents or the liability of any other Person upon or for document executed in connection with any part thereof, or any guarantee therefor or right of offset with respect thereto, may, from time to time, in whole or in part, them may be renewed, extended, amended, modified, accelerated, compromised, waived, surrendered or released by the Trustee or any Holder, (iii) the Indenture and any other documents executed and delivered in connection with the Issuance may be amended, modified, supplemented or terminated, in whole or in partpart (and each Guarantor expressly waives, as any and all of its rights to consent to any of the Trustee foregoing actions described in this clause (or b) and agrees that no such action, absent such Guarantor’s consent, will result in the required amount exoneration of Holderssuch Guarantor under applicable law); (c) that any guaranty, as the case may be) may deem reasonably advisable from time to time, and (iv) any guarantee collateral or right of offset setoff at any time held by the Trustee or any Holder Person for the payment of the Guaranteed Obligations may be obtained, sold, exchanged, waived, surrendered or released.; (d) any loss or impairment of any rights of subrogation, reimbursement, repayment, contribution, indemnification or other similar rights of any Guarantor against the Company, any other Guarantor or any other Person with respect to all or any part of the

Appears in 1 contract

Samples: Note Purchase Agreement (Matson, Inc.)

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