Common use of Benefits of Guaranty Clause in Contracts

Benefits of Guaranty. This Guaranty is entered into for the sole protection and benefit of the Administrative Agent and each other Guaranteed Party and their respective permitted successors and assigns, and no other Person shall be a direct or indirect beneficiary of, or shall have any direct or indirect cause of action or claim in connection with, this Guaranty. The Guaranteed Parties, by their acceptance of this Guaranty, shall not have any obligations under this Guaranty to any Person other than (a) the Guarantors, and (b) the Administrative Agent (or any sub-agent thereof) or any Related Parties thereof, and such obligations shall be limited to those expressly stated herein.

Appears in 1 contract

Samples: Guaranty (Postal Realty Trust, Inc.)

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Benefits of Guaranty. This Guaranty is entered into for the sole protection and benefit of the Administrative Agent and each other Guaranteed Party and their respective permitted successors and assigns, and no other Person (other than any Related Party or Participant specified herein) shall be a direct or indirect beneficiary of, or shall have any direct or indirect cause of action or claim in connection with, this Guaranty. The Guaranteed Parties, by their acceptance of this Guaranty, shall not have any obligations under this Guaranty to any Person other than (ai) the GuarantorsGuarantor, and (bii) the Administrative Agent (or any such sub-agent thereof) or any Related Parties Party thereof, and such obligations shall be limited to those expressly stated herein.

Appears in 1 contract

Samples: Company Guaranty (Verisign Inc/Ca)

Benefits of Guaranty. This Guaranty is entered into for the sole protection and benefit of the Administrative Agent and each other Guaranteed Party and their respective permitted successors and permitted assigns, and no other Person (other than any Related Party or Participant specified herein) shall be a direct or indirect beneficiary of, or shall have any direct or indirect cause of action or claim in connection with, this Guaranty. The Guaranteed Parties, by their acceptance of this Guaranty, shall not have any obligations under this Guaranty to any Person other than (ai) the Guarantors, and (bii) the Administrative Agent (or any such sub-agent thereof) or any Related Parties Party thereof, and such obligations shall be limited to those expressly stated herein.

Appears in 1 contract

Samples: Subsidiary Guaranty (Verisign Inc/Ca)

Benefits of Guaranty. This Guaranty is entered into for the sole protection and benefit of the Administrative Agent and each other Guaranteed Party and their respective permitted successors and assigns, and no other Person (other than any Related Parties or Participant under the Credit Agreement) shall be a direct or indirect beneficiary of, or shall have any direct or indirect cause of action or claim in connection with, this Guaranty. The Guaranteed Parties, by their acceptance of this Guaranty, shall not have any obligations under this Guaranty to any Person other than (a) the Guarantors, and (b) the Administrative Agent (or any sub-agent thereof) ), the Issuing Bank or any Related Parties thereof, and such obligations shall be limited to those expressly stated herein.

Appears in 1 contract

Samples: Credit Agreement (American Realty Capital Trust V, Inc.)

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Benefits of Guaranty. This Guaranty is entered into for the sole protection and benefit of the Administrative Agent Lender and each other Guaranteed Party and their respective permitted successors and assigns, and no other Person (other than any Participant or Indemnitee specified herein) shall be a direct or indirect beneficiary of, or shall have any direct or indirect cause of action or claim in connection with, this Guaranty. The Guaranteed Parties, by their acceptance of this Guaranty, shall not have any obligations under this Guaranty to any Person other than (ai) the Guarantors, and (bii) the Administrative Agent (Lender or any sub-agent thereof) or any Related Parties thereofIndemnitee, and such obligations shall be limited to those expressly stated herein.

Appears in 1 contract

Samples: Credit Agreement (Cnet Networks Inc)

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