Common use of Applicability of Guarantee Provisions Clause in Contracts

Applicability of Guarantee Provisions. (a) Pursuant to Sections 2.02(1) and 10.01 of the Base Indenture, so long as any of the Notes are Outstanding, Article 10 shall be applicable to the Notes. (b) Pursuant to Section 2.02(23) of the Base Indenture, Section 10.03 of the Base Indenture is hereby amended with respect to the Notes by deleting the text thereof in its entirety and inserting in its place the following: “To evidence its Securities Guarantee as set forth in Section 10.01 in respect of the Notes, an Officer of the Guarantor shall execute the Indenture on behalf of such Guarantor, and the Guarantor hereby agrees that such Securities Guarantee shall become effective upon such execution and shall remain in full force and effect thereafter, subject to the terms of the Indenture.” If an Officer whose signature is on this Indenture no longer holds that office at the time the Trustee authenticates the Notes, such Securities Guarantee will be valid nonetheless. The delivery of any Note by the Trustee after the authentication thereof hereunder will constitute the delivery of the Securities Guarantee set forth in this Indenture on behalf of the Guarantor.”

Appears in 4 contracts

Samples: Supplemental Indenture (Ventas, Inc.), Seventh Supplemental Indenture (Ventas, Inc.), Third Supplemental Indenture (Ventas Inc)

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Applicability of Guarantee Provisions. (a) Pursuant to Sections 2.02(1) and 10.01 of the Base Indenture, so long as any of the Notes are Outstanding, Article 10 shall be applicable to the Notes. (b) Pursuant to Section 2.02(23) of the Base Indenture, Section 10.03 of the Base Indenture is hereby amended with respect to the Notes by deleting the text thereof in its entirety and inserting in its place the following: “To evidence its Securities Guarantee as set forth in Section 10.01 in respect of the Notes, an Officer of the Guarantor shall execute the Indenture on behalf of such Guarantor, and the Guarantor hereby agrees that such Securities Guarantee shall become effective upon such execution and shall remain in full force and effect thereafter, subject to the terms of the Indenture.” . If an Officer whose signature is on this Indenture no longer holds that office at the time the Trustee authenticates the NotesNote of that series, such Securities Guarantee will be valid nonethelessnevertheless. The delivery of any Note by the Trustee Trustee, after the authentication thereof hereunder hereunder, will constitute the due delivery of the Securities Guarantee set forth in this Indenture on behalf of the Guarantor.”

Appears in 1 contract

Samples: Fourth Supplemental Indenture (Ventas Inc)

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