Common use of Continuing Guaranty; Termination of Guaranty Clause in Contracts

Continuing Guaranty; Termination of Guaranty. This Guaranty is a continuing guaranty and shall remain in effect until all of the Guarantied Obligations shall have been indefeasibly paid in full and the Commitments of all Lenders shall have terminated.

Appears in 6 contracts

Samples: Credit Agreement (Steelcase Inc), Credit Agreement (Computer Sciences Corp), Credit Agreement (Steelcase Inc)

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Continuing Guaranty; Termination of Guaranty. This Guaranty is a continuing guaranty and shall remain in effect until all of the Guarantied Obligations shall have been indefeasibly paid in full, and, subject to the provisions of subsection 2.8(c) of this Guaranty, upon the payment in full and the Commitments of all Lenders of the Guarantied Obligations, this Guaranty shall have terminatedautomatically terminate.

Appears in 2 contracts

Samples: Subordinated Secured Guaranty Agreement, Subordinated Secured Guaranty Agreement (Core-Mark Holding Company, Inc.)

Continuing Guaranty; Termination of Guaranty. This Guaranty is a continuing guaranty and shall remain in effect until all of the Guarantied Obligations shall have been indefeasibly paid in full and the Commitments of all Lenders shall have terminatedterminated and all Letters of Credit shall have expired or been cancelled. Guarantor hereby irrevocably waives any right to revoke this Guaranty as to future transactions giving rise to any Guarantied Obligations.

Appears in 2 contracts

Samples: Credit Agreement (Manufacturers Services LTD), Credit Agreement (DMW Worldwide Inc)

Continuing Guaranty; Termination of Guaranty. This Guaranty is a continuing guaranty and shall remain in effect until all of the Guarantied Obligations shall have been indefeasibly paid in full, and, subject to the provisions of subsection 2.8(b) of this Guaranty, upon the payment in full and the Commitments of all Lenders of the Guarantied Obligations, this Guaranty shall have terminatedautomatically terminate.

Appears in 1 contract

Samples: Junior Subordinated Secured Guaranty Agreement (Core-Mark Holding Company, Inc.)

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Continuing Guaranty; Termination of Guaranty. This Guaranty is a continuing guaranty and shall remain in effect until all of the Guarantied Obligations shall have been indefeasibly paid in full and the Commitments of all Lenders shall have terminated, subject in any event to reinstatement in accordance with Section 2.15(c) hereof.

Appears in 1 contract

Samples: Subsidiary Guaranty Agreement (Systems & Computer Technology Corp)

Continuing Guaranty; Termination of Guaranty. This Guaranty is a continuing guaranty and shall remain in effect until all of the Guarantied Obligations Relevant Administrative Claims shall have been indefeasibly paid in full and the Commitments of all Lenders shall have terminatedfull.

Appears in 1 contract

Samples: Administrative Claims Guaranty Agreement (Core-Mark Holding Company, Inc.)

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