Common use of Benefits of Guaranty Clause in Contracts

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

Appears in 1 contract

Samples: Credit Agreement (Rural Metro of Ohio Inc)

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

Appears in 1 contract

Samples: Credit Agreement (Perkins Papers LTD)

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

Appears in 1 contract

Samples: Credit Agreement (Golf Trust of America Inc)

Benefits of Guaranty. The provisions of this Guaranty are for the benefit of the Agent Agents and the Lenders and their respective successors, transferees, endorsees and assigns, and nothing herein contained shall impair, as between the Borrower, the Agent Agents and the Lenders, the obligations of the Borrower under the Loan Documents. In the event all or any part of the Guaranteed Obligations are transferred, endorsed or assigned by the Agent Agents or any Lender to any Person or Persons, any reference to an the "AgentAgents", or "Lender" herein shall be deemed to refer equally to such Person or Persons.

Appears in 1 contract

Samples: Unconditional Guaranty Agreement (Insignia Properties Trust /)

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Benefits of Guaranty. The provisions of this Guaranty are for the benefit of the Agent and the Lenders and their respective successors, transferees, endorsees and assigns, and nothing herein contained shall impair, as between the Borrower, the Agent and the Lenders, the obligations of the Borrower under the Loan Documents. In the event all or any part of the Guaranteed Obligations are transferred, endorsed or assigned by the Agent or any Lender to any Person or Persons, any reference to an "Agent", AGENT," or "LenderLENDER" herein shall be deemed to refer equally to such Person or Persons.

Appears in 1 contract

Samples: Credit Agreement (Rural Metro Corp /De/)

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