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. The Agent shall give each Guarantor written notice of such termination in accordance with Section 17 hereof. 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. Any claim or claims that the Agent and the Lenders may at any time hereafter have against a Guarantor under this Guaranty Agreement may be asserted by the Agent or any Lender by written notice directed to such Guarantor.

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 later of the Facility Termination Date. The Date and the indefeasible payment in full of all Aggregate Unpaids and any other amounts due to the Agent shall give each Guarantor written notice of such termination in accordance with Section 17 hereofand the Investors under the Transaction Documents. This Guaranty Agreement shall be binding upon and inure to the benefit of each the Guarantor, the Agent and the Lenders Investors and their respective successors and assigns. Notwithstanding the foregoing, no the Guarantor maymay not, without the 165 prior written consent of the Agent, assign any rights, powers, duties or obligations hereunder. Any claim or claims that the Agent and the Lenders Investors may at any time hereafter have against a the Guarantor under this Guaranty Agreement may be asserted by the Agent or any Lender Investor by written notice directed to such Guarantor.

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 earlier of (i) the Guaranty Termination Date or (ii) the Facility Termination Date. The Agent shall give each Guarantor written notice of such termination in accordance with Section 17 hereof. 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. Any claim or claims that the Agent and the Lenders may at any time hereafter have against a Guarantor under this Guaranty Agreement may be asserted by the Agent or any Lender by written notice directed to such Guarantor.