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: Carnival Corp, Carnival Corp, Deed of Guarantee (P&o Princess Cruises PLC)
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: Equalization and Governance Agreement, Equalization and Governance Agreement (Reuters Group PLC /Adr/), Equalization and Governance Agreement (Thomson Corp /Can/)
