Common use of Benefits of Guaranty Clause in Contracts

Benefits of Guaranty. The provisions of this Guaranty are for the benefit of the Administrative Agent and the other Secured Parties and their respective permitted successors, transferees, endorsees and assigns, and nothing herein contained shall impair, as between any Borrower, the Administrative Agent and the other Secured Parties, the obligations of such Borrower under the Loan Documents or Hedging Agreements. In the event all or any part of the Guaranteed Obligations are transferred, endorsed or assigned by the Administrative Agent or any other Secured Party to any Person or Persons as permitted under the Credit Agreement, any reference to an “Administrative Agent”, “Lender” or “Secured Party” herein shall be deemed to refer equally to such Person or Persons.

Appears in 2 contracts

Samples: Guaranty Agreement (Broadview Networks Holdings Inc), Guaranty Agreement (Broadview Networks Holdings Inc)

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Benefits of Guaranty. The provisions of this Guaranty are for the benefit of the Administrative Agent and the other Secured Lender Parties and their respective permitted successors, transferees, endorsees and assigns, and nothing herein contained shall impair, as between any the Borrower, the Administrative Agent and the other Secured Lender Parties, the obligations of such the Borrower under the Loan Documents or the Hedging Agreements. In the event all or any part of the Guaranteed Obligations are transferred, endorsed or assigned by the Administrative Agent or any other Secured Lender Party to any Person or Persons as permitted under the Credit Agreement, any reference to an “Administrative Agent”, “Lender” or “Secured Lender Party” herein shall be deemed to refer equally to such Person or Persons.

Appears in 2 contracts

Samples: Senior Unsecured Credit Agreement (Choice Hotels International Inc /De), Senior Unsecured Credit Agreement (Choice Hotels International Inc /De)

Benefits of Guaranty. The provisions of this Guaranty are for the benefit of the Administrative Agent and the other Secured Credit Parties and their respective permitted successors, transferees, endorsees and assigns, and nothing herein contained shall impair, as between any Borrowerthe Borrowers and their Subsidiaries, the Administrative Agent and the other Secured Credit Parties, the obligations of such Borrower the Borrowers and their Subsidiaries under the Loan Documents or Hedging AgreementsDocuments. In the event all or any part of the Guaranteed Obligations are transferred, endorsed or assigned by the Administrative Agent or any other Secured Credit Party to any Person or Persons as permitted under the Credit this Agreement, any reference to an “Administrative Agent”, “Lender” or “Secured Credit Party” herein shall be deemed to refer equally to such Person or Persons.

Appears in 2 contracts

Samples: Credit Agreement (Cabot Corp), Credit Agreement (Cabot Corp)

Benefits of Guaranty. The provisions of this Guaranty are for the benefit of the Administrative Agent and the other Secured Parties and their respective permitted successors, transferees, endorsees and assigns, and nothing herein contained shall impair, as between any the Borrower, the Administrative Agent and the other Secured Parties, the obligations of such the Borrower under the Loan Documents or the Hedging Agreements. In the event all or any part of the Guaranteed Obligations are transferred, endorsed or assigned by the Administrative Agent or any other Secured Party to any Person or Persons as permitted under the Credit Agreement, any reference to an “Administrative Agent”, “Lender” or “Secured Party” herein shall be deemed to refer equally to such Person or Persons.

Appears in 1 contract

Samples: Senior Secured Credit Agreement (Choice Hotels International Inc /De)

Benefits of Guaranty. The provisions of this Guaranty are for the benefit of the Administrative Agent and the other Secured Guaranteed Parties and their respective permitted successors, transferees, endorsees and assigns, and nothing herein contained shall impair, as between any the Borrower, the Administrative Agent and the other Secured Guaranteed Parties, the obligations of such the Borrower under the Loan Documents or Hedging the Guaranteed Hedge Agreements. In the event all or any part of the Guaranteed Obligations Liabilities are transferred, endorsed or assigned by the Administrative Agent or any other Secured Guaranteed Party to any Person or Persons as permitted under the Credit Agreement, any reference to an “Administrative Agent”, “Lender” or “Secured Guaranteed Party” herein shall be deemed to refer equally to such Person or Persons.

Appears in 1 contract

Samples: Credit Agreement (Cirrus Logic Inc)

Benefits of Guaranty. The provisions of this Guaranty are for the benefit of the Administrative Agent and the other Secured Guaranteed Parties and their respective permitted successors, transferees, endorsees and assigns, and nothing herein contained shall impair, as between any Borrowerthe Borrowers, the Administrative Agent and the other Secured Guaranteed Parties, the obligations of such Borrower the Borrowers under the Loan Documents or Hedging AgreementsDocuments. In the event all or any part of the Guaranteed Obligations are transferred, endorsed or assigned by the Administrative Agent or any other Secured Guaranteed Party to any Person or Persons as permitted under the Credit Agreement, any reference to an “Administrative Agent”, “Lender” or “Secured Guaranteed Party” herein shall be deemed to refer equally to such Person or Persons.

Appears in 1 contract

Samples: Guaranty Agreement (Consolidated Communications Holdings, Inc.)

Benefits of Guaranty. The provisions of this Guaranty are for the benefit of the Administrative Agent and the other Secured Parties and their respective permitted successors, transferees, endorsees and assigns, and nothing herein contained shall impair, as between any the Borrower, the Administrative Agent and the other Secured Parties, the obligations of such the Borrower under the Loan Documents or Hedging the Hedge Agreements. In the event all or any part of the Guaranteed Obligations are transferred, endorsed or assigned by the Administrative Agent or any other Secured Party to any Person or Persons as permitted under the Credit Agreement, any reference to an “Administrative Agent”, “Lender” or “Secured Party” herein shall be deemed to refer equally to such Person or Persons.

Appears in 1 contract

Samples: Subsidiary Guaranty Agreement (Blackhawk Network Holdings, Inc)

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Benefits of Guaranty. The provisions of this Guaranty Agreement are for the benefit of the Administrative Agent and the other Secured Parties and their respective permitted successors, transferees, endorsees and assigns, and nothing herein contained shall impair, as between any BorrowerHoldings and its Subsidiaries, the Administrative Agent and the other Secured Parties, the obligations of such Borrower Holdings and its Subsidiaries under the Loan Documents or Hedging AgreementsDocuments. In the event all or any part of the Guaranteed Obligations are transferred, endorsed or assigned by the Administrative Agent or any other Secured Party to any Person or Persons as permitted under the Credit Agreement, any reference to an “Administrative Agent”, “Lender” or “Secured Party” herein shall be deemed to refer equally to such Person or Persons.

Appears in 1 contract

Samples: Guaranty Agreement (ADTRAN Holdings, Inc.)

Benefits of Guaranty. The provisions of this Guaranty are for the benefit of the Administrative Agent and the other Secured Parties and their respective permitted successors, transferees, endorsees and assigns, and nothing herein contained shall impair, as between any the Borrower, the Administrative Agent Agent, the Lenders and the other Secured Parties, the obligations of such the Borrower under the Loan Documents or any Hedging AgreementsAgreement. In the event all or any part of the Guaranteed Obligations are transferred, endorsed or assigned by the Administrative Agent or any other Secured Party to any Person or Persons as permitted under the Credit Agreement, any reference to an “Administrative Agent”, “Lender” or “Secured Party” herein shall be deemed to refer equally to such Person or Persons.

Appears in 1 contract

Samples: Guaranty Agreement (Gray Television Inc)

Benefits of Guaranty. The provisions of this Guaranty Agreement are for the benefit of the Administrative Agent and the other Secured Parties and their respective permitted successors, transferees, endorsees and assigns, and nothing herein contained shall impair, as between any Borrowerthe Borrowers, the Administrative Agent and the other Secured Parties, the obligations of such Borrower the Borrowers under the Loan Documents or Hedging the Hedge Agreements. In the event all or any part of the Guaranteed Obligations are transferred, endorsed or assigned by the Administrative Agent or any other Secured Party to any Person or Persons as permitted under the Credit Agreement, any reference to an “Administrative Agent”, “Lender” or “Secured Party” herein shall be deemed to refer equally to such Person or Persons.

Appears in 1 contract

Samples: Credit Agreement (Coeur D Alene Mines Corp)

Benefits of Guaranty. The provisions of this Guaranty are for the benefit of the Administrative Agent and the other Secured Parties and their respective permitted successors, transferees, endorsees and assigns, and nothing herein contained shall impair, as between any Borrower, the Administrative Agent and the other Secured Parties, the obligations of such any Borrower under the Credit Agreement, the other Loan Documents or the Hedging AgreementsAgreements . In the event all or any part of the Guaranteed Obligations are transferred, endorsed or assigned by the Administrative Agent or any other Secured Party to any Person or Persons as permitted under the Credit Agreement, any reference to an “Administrative Agent”, “Lender” or “Secured Party” herein shall be deemed to refer equally to such Person or Persons.

Appears in 1 contract

Samples: Subsidiary Guaranty Agreement (Pool Corp)

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