Benefit of Guarantee Sample Clauses

Benefit of Guarantee. That this guarantee shall ensure for the benefit of the successors and assigns of the Landlord under the Lease without the necessity for any assignment thereof.
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Benefit of Guarantee. The Guarantor agrees that the Trustee (or the Certificateholders, on the terms of Condition 4(c)(ii) only) may enforce this Guarantee against it in accordance with its terms and the terms of the Declaration of Trust.
Benefit of Guarantee. The guarantee and indemnity contained in this schedule is for the benefit of and may be enforced by any person for the time being entitled to receive the rent under this Lease.
Benefit of Guarantee. The provisions of this Guarantee are for the benefit of the Guaranteed Parties and their respective successors, transferees, endorsees and assigns, and nothing herein contained shall impair, as between the Loan Parties and the Guaranteed Parties, the obligations of the Loan Parties under the Credit Document. In the event all or any part of the Obligations are transferred, endorsed or assigned by the Guaranteed Parties to any Person or Persons in accordance with the terms of the Credit Agreement, any reference to "Guaranteed Parties" herein shall be deemed to refer equally to such Person or Persons.
Benefit of Guarantee. This Guarantee shall be binding upon and inure to the benefit of and be enforceable by the respective successors and permitted assigns of the parties hereto. The Guarantor may not assign or otherwise transfer any of its rights under this Guarantee or any of the other Financing Documents. The benefit of this Guarantee may be freely and unconditionally assigned, transferred or otherwise disposed of, in whole or in part, by the Bank to any other person, corporate or otherwise, to whom the Bank has assigned all or part of its rights under the Loan Agreement.
Benefit of Guarantee. 11 7.8 Expenses .......................................................... 12 7.9
Benefit of Guarantee. 15.1 The covenants undertakings and agreements of the Assigning Tenant hereunder shall enure for the benefit of the successors and assigns of the Landlord to the Lease without the necessity for any Assignment thereof to such successors and assigns
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Benefit of Guarantee. 16.1 The terms of this Guarantee shall be binding upon the Guarantor and its successors in title and shall enure for the benefit of TfL. 16.2 The terms of this Guarantee shall remain binding on the Guarantor notwithstanding any change in the constitution of TfL or its absorption in, or amalgamation with, or the acquisition of all or part of its undertaking or assets by any other person, or any reconstruction or reorganisation of any kind, to the intent that this Guarantee shall remain valid and effective in all respects in favour of any assignee, transferee or other successor in title of TfL in the same manner as if such assignee, transferee or other successor in title had been named in this Guarantee as a party instead of, or in addition to, TfL.
Benefit of Guarantee. The Guarantors agree that this Guarantee shall inure to the benefit of and may be enforced by each of the Landlords and its respective successors, transferees and assigns, and shall be binding upon and enforceable against the Guarantors and the Guarantors' successors or assigns. Without limiting the generality of the foregoing, the Guarantors further agree that each Landlord may assign or otherwise transfer its rights under the Agreements or any interest in any of the foregoing to any person or entity (including any lender or other creditor of such Landlord), and such other person or entity shall thereupon become vested with all of the rights in respect thereof granted to the Landlords herein or otherwise; provided that no Landlord shall be permitted to assign its rights hereunder to any Person to which such Landlord sells or conveys any hotel subject to a Lease, other than a Subsidiary (as defined in the Pooling Agreement) of the Landlord Representative.
Benefit of Guarantee. This Guarantee is entered into with the Administrative Agent for the benefit of, and the Administrative Agent declares that it holds the same for the equal and rateable benefit of, all of the Finance Parties. All powers and trusts hereunder shall be exercised and all proceedings at law or in equity shall be instituted, held and maintained by the Administrative Agent for the equal and rateable benefit of all of the Finance Parties.
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