Common use of Binding Nature of Guaranties Clause in Contracts

Binding Nature of Guaranties. This Guaranty shall be binding upon the U.S. Borrower and its successors and assigns and shall inure to the benefit of the Canadian Lenders and their successors and assigns.

Appears in 3 contracts

Samples: Credit Agreement (Host Marriott Corp/), Credit Agreement (Host Marriott L P), Credit Agreement (Host Marriott L P)

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Binding Nature of Guaranties. This Guaranty shall be binding upon the U.S. US Borrower and its successors and assigns and shall inure to the benefit of the Canadian Lenders Guaranteed Parties and their successors and assigns.

Appears in 1 contract

Samples: Credit Agreement (Felcor Lodging Trust Inc)

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