Continuing Guaranty; Assignments under the Credit Agreement. This Guaranty is a continuing guaranty and shall (a) remain in full force and effect until the 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, (b) be binding upon the Guarantor, its successors and assigns and (c) inure to the benefit of and be enforceable by the Lender and its successors, permitted transferees and permitted assigns. Without limiting the generality of clause (c) of the immediately preceding sentence, the Lender 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 Letter of Credit Commitment, the Advances owing to it and the Note held by it) to any other Person to the extent permitted by and in accordance with Section 8.5 of the Credit Agreement, and such other permitted transferee shall thereupon become vested with all the benefits in respect thereof granted to Lender herein or otherwise. Guarantor shall not have the right to assign its rights hereunder or any interest herein without the prior written consent of the Lender.
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Continuing Guaranty; Assignments under the Credit Agreement. This Guaranty is a continuing guaranty and applies to all Obligations whenever arising. This Guaranty is irrevocable and shall (ai) remain in full force and effect until the latest of (ix) the payment in full in cash of the Guaranteed Obligations and all other amounts payable under this Guaranty hereunder, (y) the Revolving Commitment Termination Date (as defined in the Credit Agreement), and (z) if applicable, the Term Loan Maturity Date (as defined in the Credit Agreement), (ii) the Termination Date, (b) be binding upon the on each Guarantor, its successors and assigns assigns, and (ciii) inure to the benefit of and be enforceable by the Lender Administrative Agent and its successors, permitted transferees the Banks and permitted their successors and assigns. Without limiting the generality of clause (c) of the immediately preceding sentence, the Lender Each Bank may assign or otherwise transfer all or any portion of its rights and obligations under the Credit Agreement (including, without limitation, including all or any portion of its Letter of Credit CommitmentCommitments, the Advances owing to it and the Note Notes held by it) to any other Person to the extent permitted by and as set forth in accordance with Section 8.5 8.06 of the Credit Agreement, and the assignee of such other permitted transferee rights and obligations shall thereupon become vested with all the benefits in respect thereof granted to Lender such Bank herein or otherwise, in each case as and to the extent provided in Section 8.06 of the Credit Agreement. No Guarantor shall not have the right to assign its rights hereunder or any interest herein without the prior written consent of the LenderAdministrative Agent.
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Samples: Guaranty (Ensco PLC)
Continuing Guaranty; Assignments under the Credit Agreement. This Guaranty is a continuing guaranty and shall (a) remain in full force and effect until the 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, (b) be binding upon the Guarantor, its successors and assigns and (c) inure to the benefit of and be enforceable by the Lender and its successors, permitted transferees and permitted assigns. Without limiting the generality of clause (c) of the immediately preceding sentence, the Lender 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 Letter of Credit Commitment, Commitment and the Advances owing to it and the Note held by it) to any other Person to the extent permitted by and in accordance with Section 8.5 of the Credit Agreement, and such other permitted transferee shall thereupon become vested with all the benefits in respect thereof granted to Lender herein or otherwise. Guarantor shall not have the right to assign its rights hereunder or any interest herein without the prior written consent of the Lender.
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Continuing Guaranty; Assignments under the Credit Agreement. This Guaranty is a continuing guaranty and shall (a) subject to the last sentence of Section 8(a), remain in full force and effect until the 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 DateDate and (iii) the latest date of expiration or termination of all Letters of Credit, (b) be binding upon the Guarantor, its successors and assigns and (c) inure to the benefit of and be enforceable by the Lender Lenders and its their successors, permitted transferees and permitted assigns. Without limiting the generality of clause (c) of the immediately preceding sentence, the any Lender 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 Letter of Credit CommitmentCommitments, the Advances owing to it and the Note or Notes held by it) to any other Person to the extent permitted by and in accordance with Section 8.5 of the Credit AgreementPerson, and such other permitted transferee 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 8.07 of the Credit Agreement. No Guarantor shall not have the right to assign its rights hereunder or any interest herein without the prior written consent of the LenderLenders.
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