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 (i) the payment in full in cash of the Guaranteed Obligations and all other amounts payable under this Guaranty and (ii) the Termination Date, (b) be binding upon each of the Guarantors, its successors and assigns and (c) inure to the benefit of and be enforceable by the Agent and the other Lender Parties and their 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 the Credit Agreement (including, without limitation, all or any portion of its Commitments, the Advances owing to it and 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 8.07 of the Credit Agreement.

Appears in 2 contracts

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

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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 Guaranty and the later of (i) the Termination Date and (ii) the Termination Dateexpiration or termination of all Bank Hedge Agreements, (b) be binding upon each of the GuarantorsGuarantor, its successors and assigns and (c) inure to the benefit of and be enforceable by the Agent and the other Lender Secured Parties and their 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 the Credit Agreement (including, without limitation, all or any portion of its Commitments, the Advances owing to it and 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 8.07 of the Credit 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 Guaranty and (ii) the Termination DateObligations, (b) be binding upon each of the GuarantorsGuarantor, its successors and assigns and (c) inure to the benefit of and be enforceable by the Agent and the other Lender Secured Parties and their successors, transferees and assigns. Without limiting the generality of the foregoing clause (c)) of the immediately preceding sentence, any Lender Secured Party may assign or otherwise transfer all or any portion of its rights and obligations under the Credit Agreement (including, without limitation, all or any portion of its Commitments, the Advances Loans owing to it and 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 8.07 11.05 of the Credit Agreement. No Guarantor shall have the right to assign its rights hereunder or any interest herein without the prior written consent of the Secured Parties.

Appears in 1 contract

Samples: Guaranty (Nortek 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 (i) the payment in full in cash of the Guaranteed Obligations and all other amounts payable under this Guaranty and (ii) the Termination Date, (b) be binding upon each of the GuarantorsGuarantor, its successors and assigns and (c) inure to the benefit of and be enforceable by the Administrative Agent and the other Lender Parties and their 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 the Credit Agreement (including, without limitation, all or any portion of its Commitments, Commitment and the Advances owing to it and 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, and in accordance with the terms of Section 8.07 of the Credit Agreement.

Appears in 1 contract

Samples: Credit Agreement (Encana 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 indefeasible and irrevocable payment in full in cash of the Guaranteed Obligations and all other amounts payable under this Guaranty and (ii) the Termination Final Maturity Date, (b) be binding upon each of the GuarantorsGuarantor, its successors and assigns and (c) inure to the benefit of and be enforceable by the Agent, the Collateral Agent and the other Lender Secured Parties and their 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 the Credit Agreement (including, without limitation, all or any portion of its CommitmentsCommitment, the Advances owing to it and 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 case, subject to the conditions as and to the extent provided in Section 8.07 of the Credit Agreement.

Appears in 1 contract

Samples: Credit Agreement (Massic Tool Mold & Die 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 (i) the payment in full in cash Full Satisfaction of the Guaranteed Obligations and all other amounts payable under this Guaranty and (ii) the Termination DateObligations, (b) be binding upon each of the GuarantorsGuarantor, its successors and assigns and (c) inure inure, together with the rights and remedies of the Administrative Agent hereunder, to the benefit of and be enforceable by the Agent and the other Lender Secured Parties and their permitted respective successors, transferees and assigns. Without limiting the generality of the foregoing clause (c)) of the immediately preceding sentence, any Lender Secured Party may assign or otherwise transfer all or any portion of its rights and obligations under the Credit Agreement (including, without limitation, all or any portion of its Commitments, the Advances Loans owing to it and 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 8.07 10.07 of the Credit Agreement. Except as otherwise provided in the Credit Agreement, no Guarantor shall have the right to assign its rights hereunder or any interest herein without the prior written consent of the Secured Parties.

Appears in 1 contract

Samples: Credit Agreement (Dunkin' Brands Group, 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 (i) the indefeasible and irrevocable payment in full in cash of the Guaranteed Obligations and all other amounts payable under this Guaranty and (ii) the Termination Final Maturity Date, (b) be binding upon each of the GuarantorsGuarantor, its successors and assigns and (c) inure to the benefit of and be enforceable by the Agent, the Collateral Agent and the other Lender Secured Parties and their 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 the Credit Agreement (including, without limitation, all or any portion of its CommitmentsCommitment, the Advances owing to it and 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 case, subject to the conditions as and to the extent provided in Section 8.07 of the Credit Agreement.

Appears in 1 contract

Samples: Credit Agreement (Massic Tool Mold & Die 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 (i) the purchase or payment in full in cash of the Guaranteed Obligations and all other amounts payable under this Guaranty and (ii) the Termination Date, (b) be binding upon each of the GuarantorsGuarantor, its successors and assigns and (c) inure to the benefit of and be enforceable by the Administrative Agent and the other Lender Parties and their 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 the Credit Agreement (including, without limitation, all or any portion of its CommitmentsCommitment, the Advances owing to it and 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 8.07 of the Credit Agreement.

Appears in 1 contract

Samples: Sodexho Alliance S A

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 Guaranty and (ii) the Termination DateGuaranty, (b) be binding upon each of the GuarantorsGuarantor, its permitted successors and assigns and (c) inure to the benefit of and be enforceable by the Agent Agents and the other Lender Secured Parties and their successors, transferees and permitted 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 the Credit Agreement (including, without limitation, all or any portion of its CommitmentsTerm Commitment, the Advances Loans owing to it and the Note promissory note or Notes 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 8.07 13.9 of 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 Secured Parties.

Appears in 1 contract

Samples: Pledge and Security Agreement (Mens Wearhouse 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 (i) the payment in full in cash Full Satisfaction of the Guaranteed Obligations and all other amounts payable under this Guaranty and (ii) the Termination DateObligations, (b) be binding upon each of the GuarantorsGuarantor, its successors and assigns and (c) inure inure, together with the rights and remedies of the Administrative Agent hereunder, to the benefit of and be enforceable by the Agent and the other Lender Secured Parties and their permitted respective successors, transferees and assigns. Without limiting the generality of the foregoing clause (c)) of the immediately preceding sentence, any Lender Secured Party may assign or otherwise transfer all or any portion of its rights and obligations under the Credit Agreement (including, without limitation, all or any portion of its Commitments, the Advances Loans owing to it and 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 8.07 10.07 of the Credit Agreement. Except as expressly provided in the Credit Agreement, no Guarantor shall have the right to assign its rights hereunder or any interest herein without the prior written consent of each Lender.

Appears in 1 contract

Samples: Credit Agreement (Campbell Alliance Group 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 (i) the payment in full in cash of the Guaranteed Obligations and all other amounts payable under this Guaranty and (ii) the Termination Date, (b) be binding upon each of the Guarantors, its their successors and assigns and (c) inure to the benefit of and be enforceable by the Administrative Agent and the other Lender Parties and their 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 the Credit Agreement (including, without limitation, all or any portion of its CommitmentsCommitment, the Advances owing to it and 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 8.07 9.07 of the Credit Agreement.. EXHIBIT F

Appears in 1 contract

Samples: Credit Agreement (Paxar Corp)

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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 Guaranty and (ii) the Termination Date, (b) be binding upon each of the GuarantorsGuarantor, its successors and assigns and (c) inure to the benefit of and be enforceable by the Administrative Agent and the other Lender Parties and their Alenco – Exhibits to Second Amended and Restated Credit Agreement 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 the Credit Agreement (including, without limitation, all or any portion of its Commitments, Commitment and the Advances owing to it and 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, and in accordance with the terms of Section 8.07 of the Credit Agreement.

Appears in 1 contract

Samples: Credit Agreement (Encana 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 indefeasible payment in full in cash of the Guaranteed Obligations and all other amounts payable under this Guaranty and (ii) the Termination Date8 263 Guaranty, (b) be binding upon each of the GuarantorsGuarantor, its successors and assigns and (c) inure to the benefit of and be enforceable by the Administrative Agent and the other Lender 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 the Credit Agreement (including, without limitation, all or any portion of its CommitmentsCommitment, the Advances owing to it and 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 by this Guaranty or otherwise, in each case as and to the maximum extent provided in Section 8.07 11.7 of the Credit Agreement.

Appears in 1 contract

Samples: Security Agreement (Inphynet South Broward 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 latest of (i) the payment in full in cash of the Guaranteed Obligations and all other amounts payable under this Guaranty and (ii) the Termination Date, Maturity Date and (b) be binding upon each of the GuarantorsGuarantor, its successors and assigns and (c) inure to the benefit of and be enforceable by the Agent and the other Lender Parties and their successors, transferees and assigns. Without limiting the generality of the foregoing clause (c)) of the immediately preceding sentence, any Lender Party may assign or otherwise transfer all or any portion of its rights and obligations under the Credit Agreement (including, without limitation, all or any portion of its Commitments, the Advances Term Loans owing to it and 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 8.07 of the Credit Agreement.10.07

Appears in 1 contract

Samples: Assumption Agreement (Minnesota Products 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 latest of (i) the payment in full in cash of the Guaranteed Obligations and all other amounts payable under this Guaranty and Guaranty, (ii) the Termination DateMaturity Date and (iii) the latest date of expiration or termination of all Letters of Credit and all Secured Hedge Agreements, (b) be binding upon each of the GuarantorsGuarantor, its successors and assigns and (c) inure to the benefit of and be enforceable by the Agent and the other Lender Secured Parties and their successors, transferees and assigns. Without limiting the generality of the foregoing clause (c)) of the immediately preceding sentence, any Lender Secured Party may assign or otherwise transfer all or any portion of its rights and obligations under the Credit Agreement (including, without limitation, all or any portion of its Commitments, the Advances Loans owing to it and 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 8.07 of the Credit Agreement.10.07

Appears in 1 contract

Samples: Credit Agreement (Minnesota Products 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 termination of (i) the Aggregate Commitments and payment in full in cash of the Guaranteed all Obligations and the expiration or termination of all other amounts payable under this Guaranty and (ii) the Termination DateLetters of Credit, (b) be binding upon each of the GuarantorsGuarantor, its successors and assigns and (c) inure to the benefit of and be enforceable by the Agent and the other Lender Secured Parties and their successors, transferees and assigns. Without limiting the generality of the foregoing clause (c)) of the immediately preceding sentence, any Lender Secured Party may assign or otherwise transfer all or any portion of its rights and obligations under the Credit Agreement (including, without limitation, all or any portion of its Commitments, the Advances Loans owing to it and 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 8.07 11.06 of the Credit Agreement. No Guarantor shall have the right to assign its rights hereunder or any interest herein without the prior written consent of the Secured Parties.

Appears in 1 contract

Samples: Credit Agreement (Nortek 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 (i) the payment in full in cash of the Guaranteed Obligations and all other amounts payable under this Guaranty and (ii) the Termination Date, (b) be binding upon each of the Guarantors, its their successors and assigns and (c) inure to the benefit of and be enforceable by the Administrative Agent and the other Lender Parties and their 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 the Credit Agreement (including, without limitation, all or any portion of its CommitmentsCommitment, the Advances owing to it and 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 8.07 9.07 of the Credit Agreement.

Appears in 1 contract

Samples: Pledge Agreement (Paxar 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 Guaranty and (ii) the Termination Date, (b) be binding upon each of the Guarantors, its their successors and assigns and (c) inure to the benefit of and be enforceable by the Administrative Agent and the other Lender Parties and their 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 the Credit Agreement (including, without limitation, all or any portion of its CommitmentsCommitment, the Advances owing to it and 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 8.07 9.07 of the Credit Agreement.. EXHIBIT G

Appears in 1 contract

Samples: Credit Agreement (Paxar Corp)

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