ASSIGNMENT OF GUARANTY. Notwithstanding anything to the contrary contained in this Guaranty, Guarantor shall not assign, transfer or otherwise delegate its obligations under this Guaranty without first obtaining Beneficiary’s prior written consent, which shall be granted or withheld in Beneficiary’s sole and absolute discretion. No transfer of interests in Guarantor or merger involving Guarantor that is permitted under the Limited Liability Company Agreement shall be deemed to be an assignment that requires Beneficiary’s consent hereunder.
ASSIGNMENT OF GUARANTY. Lender may without prior notice assign this Guaranty in whole or in part but shall notify Guarantor after such assignment.
ASSIGNMENT OF GUARANTY. Landlord may, without notice, but only in connection with an assignment of the Master Lease and/or the New London Lease, assign this Guaranty in whole or in part, and no assignment of this Guaranty or assignment or transfer of the Master Lease or the New London Lease or subletting of the Premises shall operate to extinguish or diminish the liability of Guarantor hereunder. Guarantor may not assign this Guaranty or delegate its obligation hereunder without the prior written consent of Landlord, which consent may be withheld in Landlord’s sole discretion.
ASSIGNMENT OF GUARANTY. Assignment by LENDER of all or part of the indebtedness shall transfer to the assignee all benefits of this Guaranty as to the portion of the indebtedness assigned. This Guaranty shall remain in effect in favor of LENDER as to the portion of the indebtedness not assigned.
ASSIGNMENT OF GUARANTY. Landlord may without notice assign the Lease or this guaranty in whole or in part. Guarantor shall not delegate its obligations under this Guaranty without the prior written consent of Landlord.
ASSIGNMENT OF GUARANTY. Effective as of 12:01 am (New York City time) on the date that BGSA’s common equity is listed on the New York Stock Exchange (the “Guaranty Assignment Effective Date”), automatically without further act or deed, notice, consent or the execution of any other documentation, (i) the Existing Guarantor hereby assigns to the Successor Guarantor, and the Successor Guarantor hereby assumes, all rights, obligations and liabilities of the Existing Guarantor under this Guaranty (including all of the Existing Guarantor’s obligations and duties to perform hereunder as Guarantor), (ii) the Successor Guarantor shall become the “Guarantor” with the same force and effect as if originally named herein as the Guarantor and, without limiting the generality of the foregoing, hereby expressly assumes all rights, obligations and liabilities of the Existing Guarantor in such capacity, (iii) the Successor Guarantor shall hereby be bound by the covenants, representations, warranties and agreements contained in this Guaranty and which are binding upon, and to be observed or performed by, the Existing Guarantor or “Guarantor” under the Guaranty, (iv) the Successor Guarantor hereby ratifies, and confirms the validity of, all of its obligations and liabilities under this Guaranty, (v) each reference to the “Guarantor” in the Guaranty and in any other Loan Document in connection therewith shall hereby be deemed to refer to the Successor Guarantor and (vi) the Existing Guarantor shall be released from its obligations under this Guaranty. Notwithstanding anything to the contrary herein or any other Loan Document, immediately prior to the Guaranty Assignment Effective Date, BGSA shall own, directly or indirectly, BL and all of the assets owned by BL.
ASSIGNMENT OF GUARANTY. Counterparts of the Assignment of Guaranty, duly executed by the parties thereto shall have been delivered to each of the parties hereto.
ASSIGNMENT OF GUARANTY. This Guaranty is for the benefit of Lender, its successors and assigns, and in the event of an assignment by Lender, its successors or assigns, of the Guaranteed Indebtedness, or any part thereof, the rights and benefits hereunder, to the extent applicable to the indebtedness so assigned, may be transferred with such indebtedness.
ASSIGNMENT OF GUARANTY. This Guaranty shall be binding upon the Guarantor and ---------------------- its successors, transferees and assigns and shall inure to the benefit of and be enforceable by the Beneficiary and its permitted successor and assign; provided, however, that the Guarantor may not assign any of its obligations hereunder without the prior written consent of each Participant.
ASSIGNMENT OF GUARANTY. Any Beneficiary may assign, and create a security interest in, any or all of its rights hereunder to and for the benefit of any other Beneficiary or any transferee or assignee of its interest in the Transaction Documents. Guarantor acknowledges and agrees that the Beneficiaries (and their permitted assignees) may rely on this Guaranty in connection with the making available of their commitments under the Transaction Documents.
