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

Continuing Guaranty; Assignments under the Credit Agreement. This Guaranty is a continuing guaranty and shall (a) remain in full force and effect until the later of the payment in full in cash of the Guaranteed Obligations and all other amounts payable under this Agreement and the Termination Date, (b) be binding upon the Company, its successors and assigns and (c) inure to the benefit of and be enforceable by the Agent and the Lenders and their respective successors, transferees and assigns. Without limiting the generality of the foregoing clause (c), any Lender may assign or otherwise transfer all or any portion of its rights and obligations under this Agreement (including, without limitation, all or any portion of its Commitment, the Advances owing to it and any Note or Notes held by it) to any other Person, and such other Person shall thereupon become vested with all the benefits in respect thereof granted to such Lender herein or otherwise, in each case as and to the extent provided in Section 9.07 of this Agreement.

Appears in 6 contracts

Samples: Credit Agreement (Hershey Co), Credit Agreement (Hershey Co), Credit Agreement (Hershey Co)

Continuing Guaranty; Assignments under the Credit Agreement. This Guaranty is a continuing guaranty and shall (a) remain in full force and effect until the later of the payment in full in cash of the Guaranteed Obligations and all other amounts payable under this Agreement and the latest Termination Date, (b) be binding upon the Company, its successors and assigns and (c) inure to the benefit of and be enforceable by the Agent and the Lenders and their respective successors, transferees and assigns. Without limiting the generality of the foregoing clause (c), any Lender may assign or otherwise transfer all or any portion of its rights and obligations under this Agreement (including, without limitation, all or any portion of its Commitment, the Advances owing to it and any Note or Notes held by it) to any other Person, and such other Person shall thereupon become vested with all the benefits in respect thereof granted to such Lender herein or otherwise, in each case as and to the extent provided in Section 9.07 of this Agreement.

Appears in 6 contracts

Samples: Five Year Credit Agreement (Hershey Co), Five Year Credit Agreement (Hershey Co), Credit Agreement (Hershey Co)

Continuing Guaranty; Assignments under the Credit Agreement. This Guaranty is a continuing guaranty and shall (a) remain in full force and effect until the later of the payment in full in cash of the Guaranteed Obligations and all other amounts payable under this Agreement and the Termination Final Maturity Date, (b) be binding upon the Company, its successors and assigns and (c) inure to the benefit of and be enforceable by the Agent and the Lenders and their respective successors, transferees and assigns. Without limiting the generality of the foregoing clause (c), any Lender may assign or otherwise transfer all or any portion of its rights and obligations under this Agreement (including, without limitation, all or any portion of its Commitment, the Advances owing to it and any the Note or Notes held by it) to any other Person, and such other Person shall thereupon become vested with all the benefits in respect thereof granted to such Lender herein or otherwise, in each case as and to the extent provided in Section 9.07 of this Agreement.

Appears in 2 contracts

Samples: 364 Day Credit Agreement (Hershey Foods Corp), 364 Day Credit Agreement (Hershey Foods Corp)

Continuing Guaranty; Assignments under the Credit Agreement. This Guaranty is a continuing guaranty and shall (a) remain in full force and effect until the later of the payment in full in cash of the Guaranteed Obligations and all other amounts payable under this Agreement Guaranty and the later of (i) the Termination DateDate and (ii) the expiration or termination of all Bank Hedge Agreements, (b) be binding upon the CompanyGuarantor, its successors and assigns and (c) inure to the benefit of and be enforceable by the Agent and the Lenders other Secured Parties and their respective successors, transferees and assigns. Without limiting the generality of the foregoing clause (c), any Lender Secured Party may assign or otherwise transfer all or any portion of its rights and obligations under this the Credit Agreement (including, without limitation, all or any portion of its CommitmentCommitments, the Advances owing to it and any the Note or Notes held by it) to any other Person, and such other Person shall thereupon become vested with all the benefits in respect thereof granted to such Lender Secured Party herein or otherwise, in each case as and to the extent provided in Section 9.07 of this Agreement.8.07

Appears in 2 contracts

Samples: Credit Agreement (Uniroyal Chemical Co Inc), Credit Agreement (Crompton & Knowles Corp)

Continuing Guaranty; Assignments under the Credit Agreement. This Guaranty is a continuing guaranty and shall (a) remain in full force and effect until the later of (i) the payment in full in cash of the Guaranteed Obligations and all other amounts payable under this Agreement Guaranty and (ii) the Termination Date, (b) be binding upon each of the CompanyGuarantors, its successors and assigns and (c) inure to the benefit of and be enforceable by the Agent and the Lenders other Lender Parties and their respective successors, transferees and assigns. Without limiting the generality of the foregoing clause (c), any Lender Party may assign or otherwise transfer all or any portion of its rights and obligations under this the Credit Agreement (including, without limitation, all or any portion of its CommitmentCommitments, the Advances owing to it and any the Note or Notes held by it) to any other Person, and such other Person shall thereupon become vested with all the benefits in respect thereof granted to such Lender Party herein or otherwise, in each case as and to the extent provided in Section 9.07 8.07 of this the Credit Agreement.

Appears in 2 contracts

Samples: Guaranty (Beckman Instruments Inc), Credit Agreement (Beckman Instruments Inc)

Continuing Guaranty; Assignments under the Credit Agreement. This Guaranty is a continuing guaranty and shall shall, subject to Section 2, (a) remain in full force and effect until the later of the payment in full in cash of the Guaranteed Obligations and all other amounts payable under this Agreement Guaranty and the Termination Date, (b) be binding upon the CompanyGuarantor, its successors and assigns and (c) inure to the benefit of and be enforceable by the Agent and the Lenders and their respective successors, transferees and assigns. Without limiting the generality of the foregoing clause (c), any Lender may assign or otherwise transfer all or any portion of its rights and obligations under this the Credit Agreement (including, without limitation, all or any portion of its Commitment, the Advances owing to it and any the Note or Notes held by it) to any other Person, and such other Person shall thereupon become vested with all the benefits in respect thereof granted to such Lender herein or otherwise, in each case as and to the extent provided in Section 9.07 8.07 of this the Credit Agreement.

Appears in 1 contract

Samples: Credit Agreement (Battle Mountain Gold Co)

Continuing Guaranty; Assignments under the Credit Agreement. This Guaranty is a continuing guaranty and shall (a) remain in full force and effect until the later of the payment in full in cash of the Guaranteed Obligations and all other amounts payable under this Agreement and the Termination Date, (b) be binding upon the Company, its successors and assigns and (c) inure to the benefit of and be enforceable by the Agent and the Lenders and their respective successors, transferees and assigns. Without limiting the generality of the foregoing clause (c), any Lender may assign or otherwise transfer all or any portion of its rights and obligations under this Agreement (including, without limitation, all or any portion of its Commitment, the Advances owing to it and any the Note or Notes held by it) to any other Person, and such other Person shall thereupon become vested with all the benefits in respect thereof granted to such Lender herein or otherwise, in each case as and to the extent provided in Section 9.07 of this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Hershey Foods Corp)

Continuing Guaranty; Assignments under the Credit Agreement. This Guaranty is a continuing guaranty and shall (a) remain in full force and effect until the later of the payment in full in cash of the Guaranteed Guaranty Obligations and all an other amounts payable under this Agreement Guaranty and the Termination Date, (b) be binding upon the CompanyGuarantor, its successors and assigns and (c) inure to the benefit of and be enforceable by the Agent and the Lenders Lender and their respective successors, transferees and assigns. Without limiting the generality of the foregoing clause (c), any the Lender may assign or otherwise transfer all or any portion of its rights and obligations under this the Credit Agreement (including, without limitation, all or any portion of its the Commitment, the Advances owing to it and any the Note or Notes held by it) to any other Person, and such other Person shall thereupon become vested with all the benefits in respect thereof granted to such the Lender herein or otherwise, in each case as and to the extent provided in Section 9.07 of this under the Credit Agreement.

Appears in 1 contract

Samples: Bridge Loan Agreement (International Wireless Communications Holdings Inc)

Continuing Guaranty; Assignments under the Credit Agreement. This Guaranty is a continuing guaranty and shall (a) remain in full force and effect until the later of the payment in full in cash of the Guaranteed Obligations and all other amounts payable under this Agreement Guaranty and the Termination Date, (b) be binding upon the Companyeach Guarantor, its successors and assigns and (c) inure to the benefit of and be enforceable by the Agent Agents and the Lenders and their respective successors, transferees and assigns. Without limiting the generality of the foregoing clause (c), any Lender may assign or otherwise transfer all or any portion of its rights and obligations under this the Credit Agreement (including, without limitation, all or any portion of its Commitment, the Advances owing to it and any the Note or Notes held by it) to any other Person, and such other Person shall thereupon become vested with all the benefits in respect thereof granted to such Lender herein or otherwise, in each case as and to the extent provided in Section 9.07 8.07 of this the Credit Agreement.

Appears in 1 contract

Samples: Guaranty (Amvescap PLC/London/)

Continuing Guaranty; Assignments under the Credit Agreement. This Guaranty is a continuing guaranty and shall (a) remain in full force and effect until the later of the payment in full in cash of the Guaranteed Obligations and all other amounts payable under this Agreement and the Termination DateGuaranty, (b) be binding upon the CompanyGuarantor, its successors and assigns and (c) inure to the benefit of and be enforceable by the Agent Lender and the Lenders and their respective its successors, transferees and permitted assigns. Without limiting the generality of the foregoing clause (c)) of the immediately preceding sentence, any the Lender may assign or otherwise transfer all or any portion of its rights and obligations under this the Credit Agreement (including, without limitation, all or any portion of its Commitment, the Advances Loan owing to it and any the Note or Notes held by it) to any other Person, and such other Person shall thereupon become vested with all the benefits in respect thereof granted to such the Lender herein or otherwise, in each case as and to the extent provided in Section 9.07 7.07 of this the Credit Agreement. The Guarantor shall not have the right to assign its rights hereunder or any interest herein without the prior written consent of the Lender.

Appears in 1 contract

Samples: Guaranty (Ohio Edison Co)

Continuing Guaranty; Assignments under the Credit Agreement. This Guaranty is a continuing guaranty and shall (a) remain in full force and effect until the later of the payment in full in cash of the Guaranteed Obligations and all other amounts payable under this Agreement Guaranty and the Termination Date, (b) be binding upon the CompanyGuarantor, its successors and assigns and (c) inure to the benefit of and be enforceable by the Agent and the Lenders Lender and their respective successors, transferees and assigns. Without limiting the generality of the foregoing clause (c), any the Lender may assign or otherwise transfer all or any portion of its rights and obligations under this the Credit Agreement (including, without limitation, all or any portion of its the Commitment, the Advances owing to it and any the Note or Notes held by it) to any other Person, and such other Person shall thereupon become vested with all the benefits in respect thereof granted to such the Lender herein or otherwise, in each case as and to the extent provided in Section 9.07 of this under the Credit Agreement.

Appears in 1 contract

Samples: Bridge Loan Agreement (International Wireless Communications Holdings Inc)

Continuing Guaranty; Assignments under the Credit Agreement. This Guaranty is a continuing guaranty and shall (a) remain in full force and effect until the later of the payment in full in cash of the Guaranteed Obligations and all other amounts payable under this Agreement and the Termination Final Maturity Date, (b) be binding upon the Company, its successors and assigns and (c) inure to the benefit of and be enforceable by the Agent and the Lenders and their respective successors, transferees and assigns. Without limiting the generality of the foregoing clause (c), any Lender may assign or otherwise transfer all or any portion of its rights and obligations under this Agreement (including, without limitation, all or any portion of its Commitment, the Advances owing to it and any Note or Notes held by it) to any other Person, and such other Person shall thereupon become vested with all the benefits in respect thereof granted to such Lender herein or otherwise, in each case as and to the extent provided in Section 9.07 of this Agreement.

Appears in 1 contract

Samples: 364 Day Credit Agreement (Hershey Foods Corp)