Common use of Effectiveness; Enforceability Clause in Contracts

Effectiveness; Enforceability. This Guaranty Agreement shall be effective as of the date of the initial Advance under the Credit Agreement and shall continue in full force and effect until the Facility Termination Date. This Guaranty Agreement shall be binding upon and inure to the benefit of each Guarantor, the Agent and the Lenders and their respective successors and assigns. Notwithstanding the foregoing, no Guarantor may, without the prior written consent of the Agent, assign any rights, powers, duties or obligations hereunder, except as permitted by Sections 9.2 and 9.8 of the Credit Agreement. Any claim or claims that the Secured Parties may at any time hereafter have against a Guarantor under this Guaranty Agreement may be asserted by any Secured Party by written notice directed to such Guarantor.

Appears in 1 contract

Samples: Guaranty Agreement (Texas Bottling Group Inc)

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Effectiveness; Enforceability. This Guaranty Agreement shall be effective as of the date of the initial Advance under the Credit Agreement hereof and shall continue in full force and effect until the Facility Stated Termination DateDate and payment in full of the Obligations. This Guaranty Agreement shall be binding upon and inure to the benefit of each the Guarantor, the Agent and the Lenders Guaranteed Parties and their respective successors and assigns. Notwithstanding the foregoing, no the Guarantor maymay not, without the prior written consent of the Agent, assign any rights, powers, duties or obligations hereunder, except as permitted by Sections 9.2 and 9.8 of the Credit Agreement. Any claim or claims that the Secured Parties may at any time hereafter have against a the Guarantor under this Guaranty Agreement may be asserted by any Secured Party by written notice directed to such the Guarantor.

Appears in 1 contract

Samples: Parent Guarantor Guaranty Agreement (Aircastle LTD)

Effectiveness; Enforceability. This Guaranty Agreement shall be effective as of the date of the initial Advance under the Credit Agreement hereof and shall continue in full force and effect until the Facility Stated Termination DateDate and payment in full of the Obligations. This Guaranty Agreement shall be binding upon and inure to the benefit of each Guarantorthe Guarantors, the Agent and the Lenders Guaranteed Parties and their respective successors and assigns. Notwithstanding the foregoing, no Guarantor mayshall, without the prior written consent of the Agent, assign any rights, powers, duties or obligations hereunder, except as permitted by Sections 9.2 and 9.8 of the Credit Agreement. Any claim or claims that the Secured Parties may at any time hereafter have against a Guarantor the Guarantors or any of them under this Guaranty Agreement may be asserted by any Secured Party by written notice directed to such Guarantorthe Guarantors.

Appears in 1 contract

Samples: Guaranty Agreement (Aircastle LTD)

Effectiveness; Enforceability. This Guaranty Agreement shall be effective as of the date of the initial Advance under the Credit Agreement hereof and shall continue in full force and effect until the Facility Termination Date. This Guaranty Agreement shall be binding upon and inure to the benefit of each the Guarantor, the Administrative Agent and the Lenders and their respective successors and assigns. Notwithstanding the foregoing, no Guarantor may, except as provided in the Credit Agreement, without the prior written consent of the Administrative Agent, assign any rights, powers, duties or obligations hereunder, except as permitted by Sections 9.2 and 9.8 of the Credit Agreement. Any claim or claims that the Secured Parties may at any time hereafter have against a Guarantor under this Guaranty Agreement may be asserted by any Secured Party by written notice directed to such the Guarantor.

Appears in 1 contract

Samples: Credit Agreement (Ameristeel Corp)

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Effectiveness; Enforceability. This Guaranty Agreement shall be effective as of the date of the initial Advance under the Credit Agreement and shall continue in full force and effect until the Facility Termination Date. This Guaranty Agreement shall be binding upon and inure to the benefit of each Guarantor, the Agent and the Lenders and their respective successors and assigns. Notwithstanding the foregoing, no Guarantor may, without the prior written consent of the Agent, assign any rights, powers, duties or obligations hereunder, except as permitted by Sections 9.2 SECTIONS 10.2 and 9.8 10.8 of the Credit Agreement. Any claim or claims that the Secured Parties may at any time hereafter have against a Guarantor under this Guaranty Agreement may be asserted by any Secured Party by written notice directed to such Guarantor.

Appears in 1 contract

Samples: Guaranty Agreement (Coca Cola Bottling Group Southwest Inc)

Effectiveness; Enforceability. This Guaranty Agreement shall be effective as of the date hereof and shall (subject to Section 2.14 of the initial Advance under the Credit Agreement and shall Agreement) continue in full force and effect until the Facility Termination Date. This Guaranty Agreement shall be binding upon and inure to the benefit of each the Guarantor, the Agent and the Lenders and their respective successors and assigns. Notwithstanding the foregoing, no the Guarantor maymay not, without the prior written consent of the Agent, assign any rights, powers, duties or obligations hereunder, except as permitted by Sections 9.2 and 9.8 of the Credit Agreement. Any claim or claims that the Secured Parties may at any time hereafter have against a the Guarantor under this Guaranty Agreement may be asserted by any Secured Party by written notice directed to such the Guarantor.

Appears in 1 contract

Samples: Credit Agreement (Unicapital Corp)

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