Common use of Continuing Guaranty; Assignments under Credit Documents Clause in Contracts

Continuing Guaranty; Assignments under Credit Documents. This Guaranty is a continuing guaranty and shall (a) remain in full force and effect until the indefeasible payment in full of the Guaranteed Obligations and all other amounts payable under this Guaranty, (b) be binding upon Guarantor and its respective successors and assigns, (c) inure to the benefit of, and be enforceable by, each of the Financial Institutions and their respective successors, transferees and assigns, and (d) not be terminated by Guarantor or any other Person. Without limiting the generality of the foregoing clause (c), any Financial Institution may assign or otherwise transfer all or any portion of its rights and Guaranteed Obligations and the assignee shall thereupon become vested with all the benefits in respect thereof granted to such Financial Institution herein or otherwise. Upon the indefeasible payment in full and termination of the Guaranteed Obligations, each guaranty granted hereby shall terminate and all rights hereunder shall revert to the Guarantor to the extent such rights have not been applied pursuant to the terms hereof. Upon any such termination, each Financial Institution will, at Guarantor's expense, execute and deliver to Guarantor such documents as Guarantor shall reasonably request and take any other actions reasonably requested to evidence or effect such termination. This Guaranty is not assignable by Guarantor without the written consent of each Financial Institution.

Continuing Guaranty; Assignments under Credit Documents. This Guaranty is a continuing guaranty and shall (a) remain in full force and effect until the indefeasible payment in full of the Guaranteed Obligations and all other amounts payable under this Guaranty, (b) be binding upon each Guarantor and its respective successors and assigns, (c) inure to the benefit of, and be enforceable by, Agent and each of the Financial Institutions and their respective successors, transferees and assigns, and (d) not be terminated by any Guarantor or any other Person. Without limiting the generality of the foregoing clause (c), Agent and any Financial Institution may assign or otherwise transfer all or any portion of its rights and Guaranteed Obligations and the assignee shall thereupon become vested with all the benefits in respect thereof granted to Agent or such Financial Institution herein or otherwise. Upon the indefeasible payment in full and termination of the Guaranteed Obligations, each guaranty granted hereby shall terminate and all rights hereunder shall revert to the Guarantor to the extent such rights have not been applied pursuant to the terms hereof. Upon any such termination, each Financial Institution Agent will, at such Guarantor's expense, execute and deliver to such Guarantor such documents as such Guarantor shall reasonably request and take any other actions reasonably requested to evidence or effect such termination. This Guaranty is not assignable by any Guarantor without the written consent of each Financial Institutionthe Agent.

Continuing Guaranty; Assignments under Credit Documents. This Guaranty is a continuing guaranty and shall (a) remain in full force and effect until the indefeasible payment in full and termination of the Guaranteed Obligations and the termination of all other amounts payable under this GuarantyLetters of Credit and all Commitments, (b) be binding upon Guarantor and its respective successors and assigns, (c) inure to the benefit of, and be enforceable by, Agent and each of the other Financial Institutions and their respective successors, transferees and permitted assigns, and (d) not be terminated by Guarantor or any other Person. Without limiting the generality of the foregoing clause (c), Agent and any other Financial Institution may assign or otherwise transfer all or any portion of its rights and Guaranteed Obligations obligations under this Guaranty and the assignee shall thereupon become vested with all the benefits in respect thereof granted to Agent or such Financial Institution herein or otherwise, provided that such assignment shall be subject to the limitations on assignments set forth in the Credit Agreement. Upon the indefeasible payment in full and termination of the Guaranteed ObligationsObligations and the termination of all Letters of Credit and all Commitments, this Guaranty and each guaranty granted hereby shall terminate and all rights hereunder shall revert to the Guarantor to the extent such rights have not been applied pursuant to the terms hereofterminate. Upon any such terminationtermination hereof, each Financial Institution Agent will, at Guarantor's ’s expense, execute and deliver to Guarantor such documents as Guarantor shall reasonably request and take any other actions reasonably requested to evidence or effect such termination. This Guaranty is not assignable by Guarantor without the written consent of each Financial InstitutionAgent. This Guaranty is also subject to release to the extent provided in Section 2.4 of the Credit Agreement.

Continuing Guaranty; Assignments under Credit Documents. This Guaranty is a continuing guaranty and shall (a) remain in full force and effect until the indefeasible payment in full of the Guaranteed Obligations and all other amounts payable under this Guaranty, (b) be binding upon each Guarantor and its respective successors and assigns, (c) inure to the benefit of, and be enforceable by, Collateral Agent and each of the Financial Institutions and their respective successors, transferees and assigns, and (d) not be terminated by any Guarantor or any other Person. Without limiting the generality of the foregoing clause (c), Collateral Agent and any other Financial Institution may assign or otherwise transfer all or any portion of its rights and Guaranteed Obligations obligations under this Guaranty and the assignee shall thereupon become vested with all the benefits in respect thereof granted to Collateral Agent or such Financial Institution herein or otherwise, provided that such assignment shall be subject to the limitations on assignments set forth in the Credit Agreement. Upon the indefeasible payment in full and termination of the Guaranteed Obligations, each guaranty granted hereby shall terminate and all rights hereunder shall revert to the Guarantor to the extent such rights have not been applied pursuant to the terms hereof. Upon any such termination, each Financial Institution Collateral Agent will, at such Guarantor's expense, execute and deliver to any Guarantor such documents as such Guarantor shall reasonably request and take any other actions reasonably requested to evidence or effect such termination. This Guaranty is not assignable by any Guarantor without the written consent of each Financial Institutionthe Collateral Agent.

Continuing Guaranty; Assignments under Credit Documents. This Guaranty is a continuing guaranty and shall (a) remain in full force and effect until the indefeasible payment in full of the Guaranteed Obligations and all other amounts payable under this Guaranty, (b) be binding upon Guarantor and its respective successors and assigns, (c) inure to the benefit of, and be enforceable by, Collateral Agent and each of the Financial Institutions and their respective successors, transferees and permitted assigns, and (d) not be terminated by Guarantor or any other Person. Without limiting the generality of the foregoing clause (c), Collateral Agent and any other Financial Institution may assign or otherwise transfer all or any portion of its rights and Guaranteed Obligations obligations under this Guaranty and the assignee shall thereupon become vested with all the benefits in respect thereof granted to Collateral Agent or such Financial Institution herein or otherwise, provided that such assignment shall be subject to the limitations on assignments set forth in the Credit Agreement. Upon the indefeasible payment in full and termination of the Guaranteed Obligations, each guaranty granted hereby shall terminate and all rights hereunder shall revert to the Guarantor to the extent such rights have not been applied pursuant to the terms hereof. Upon any such termination, each Financial Institution Collateral Agent will, at Guarantor's expense, execute and deliver to Guarantor such documents as Guarantor shall reasonably request and take any other actions reasonably requested to evidence or effect such termination. This Guaranty is not assignable by Guarantor without the written consent of each Financial InstitutionCollateral Agent.

Continuing Guaranty; Assignments under Credit Documents. This Guaranty is a continuing guaranty and shall (a) remain in full force and effect until the earlier of (i) the Pipeline Holdco Release Date and (ii) the indefeasible payment in full and termination of the Guaranteed Obligations and the termination of all other amounts payable under this GuarantyLetters of Credit and all Commitments, (b) be binding upon Guarantor and its respective successors and assigns, (c) inure to the benefit of, and be enforceable by, Agent and each of the other Financial Institutions and their respective successors, transferees and permitted assigns, and (d) not be terminated by Guarantor or any other Person. Without limiting the generality of the foregoing clause (c), Agent and any other Financial Institution may assign or otherwise transfer all or any portion of its rights and Guaranteed Obligations obligations under this Guaranty and the assignee shall thereupon become vested with all the benefits in respect thereof granted to Agent or such Financial Institution herein or otherwise, provided that such assignment shall be subject to the limitations on assignments set forth in the Credit Agreement. Upon the earlier of (i) the Pipeline Holdco Release Date and (ii) the indefeasible payment in full and termination of the Guaranteed ObligationsObligations and the termination of all Letters of Credit and all Commitments, this Guaranty and each guaranty granted hereby shall terminate and all rights hereunder shall revert to the Guarantor to the extent such rights have not been applied pursuant to the terms hereofterminate. Upon any such terminationtermination hereof, each Financial Institution Agent will, at Guarantor's ’s expense, execute and deliver to Guarantor such documents as Guarantor shall reasonably request and take any other actions reasonably requested to evidence or effect such termination. This Guaranty is not assignable by Guarantor without the written consent of each Financial InstitutionAgent.