Common use of EFFECT OF THIS GUARANTEE Clause in Contracts

EFFECT OF THIS GUARANTEE. This Guarantee shall take effect as a deed and it is intended that each Creditor severally shall be entitled to benefit from the terms of this Guarantee pursuant to the terms of the Contracts (Rights of Third Parties) Xxx 0000 save that the parties hereto shall be entitled to make any variation or rescission of its terms, in accordance with its terms (including, without limitation, pursuant to Clause 4), without the consent of any Creditor or of any third party.

Appears in 4 contracts

Samples: Deed of Guarantee (Carnival Corp), Deed of Guarantee (Carnival Corp), Deed of Guarantee (Carnival Corp)

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EFFECT OF THIS GUARANTEE. This Guarantee shall take effect on the Effective Date as a deed and it is intended that each Creditor severally shall be entitled to benefit from the terms of this Guarantee pursuant to the terms of the Contracts (Rights of Third Parties) Xxx 0000 save that the parties hereto shall be entitled to make any variation or rescission of its terms, in accordance with its terms (including, without limitation, pursuant to Clause 4), without the consent of any Creditor or of any third party.

Appears in 3 contracts

Samples: Implementation Agreement, Implementation Agreement (Thomson Corp /Can/), Implementation Agreement (Reuters Group PLC /Adr/)

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