Common use of Execution and Delivery of Guaranty Clause in Contracts

Execution and Delivery of Guaranty. (a) To evidence its Guaranty set forth in Section 10.1, each Guarantor agrees that a notation referencing such Guaranty shall be set forth on the Security. (i) Each Guarantor agrees that its Guaranty set forth in Section 10.1 shall remain in full force and effect and apply to all the Securities notwithstanding any failure to endorse on each Security a notation of such Guaranty. (ii) The delivery of any Security by the Trustee, after the authentication thereof hereunder, shall constitute due delivery of the Guaranty set forth in this Indenture on behalf of each Guarantor. (b) To evidence the Parent Guaranty set forth in Section 10.2, the Parent Guarantor agrees that a notation referencing such Parent Guaranty shall be set forth on the Security. (i) The Parent Guarantor agrees that the Parent Guaranty set forth in Section 10.2 shall remain in full force and effect and apply to each Subsidiary Guaranty notwithstanding any failure to endorse on each Subsidiary Guaranty a notation of such Parent Guaranty. (ii) The delivery of any Security shall constitute due delivery of the Parent Guaranty set forth in this Indenture on behalf of the Parent Guarantor.

Appears in 2 contracts

Samples: Indenture (Jazz Casino Co LLC), Indenture (Jazz Casino Co LLC)

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Execution and Delivery of Guaranty. (a) To evidence its Guaranty set forth in Section 10.112.1, each Guarantor agrees that a notation referencing such Guaranty shall be set forth on the Security. (i) . Each Guarantor agrees that its Guaranty set forth in Section 10.1 12.1 shall remain in full force and effect and apply to all the Securities notwithstanding any failure to endorse on each Security a notation of such Guaranty. (ii) . The delivery of any Security by the Trustee, after the authentication thereof hereunder, shall constitute due delivery of the Guaranty set forth in this Indenture on behalf of each Guarantor. (b) To evidence the Parent Guaranty set forth in Section 10.212.2, the Parent Guarantor agrees that a notation referencing such Parent Guaranty shall be set forth on the Security. (i) . The Parent Guarantor agrees that the Parent Guaranty set forth in Section 10.2 12.2 shall remain in full force and effect and apply to each Subsidiary Development Companies Guaranty notwithstanding any failure to endorse on each Subsidiary Development Company Guaranty a notation of such Parent Guaranty. (ii) . The delivery of any Security shall constitute due delivery of the Parent Guaranty set forth in this Indenture on behalf of the Parent Guarantor.

Appears in 2 contracts

Samples: Indenture (Jazz Casino Co LLC), Indenture (Jazz Casino Co LLC)

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Execution and Delivery of Guaranty. (a) To evidence its Guaranty set forth in Section 10.1, each Guarantor agrees that a notation referencing such Guaranty shall be set forth on the Security. (i) Each Guarantor agrees that its Guaranty set forth in Section 10.1 shall remain in full force and effect and apply to all the Securities 116 128 notwithstanding any failure to endorse on each Security a notation of such Guaranty. (ii) The delivery of any Security by the Trustee, after the authentication thereof hereunder, shall constitute due delivery of the Guaranty set forth in this Indenture on behalf of each Guarantor. (b) To evidence the Parent Guaranty set forth in Section 10.2, the Parent Guarantor agrees that a notation referencing such Parent Guaranty shall be set forth on the Security. (i) The Parent Guarantor agrees that the Parent Guaranty set forth in Section 10.2 shall remain in full force and effect and apply to each Subsidiary Guaranty notwithstanding any failure to endorse on each Subsidiary Guaranty a notation of such Parent Guaranty. (ii) The delivery of any Security shall constitute due delivery of the Parent Guaranty set forth in this Indenture on behalf of the Parent Guarantor.

Appears in 1 contract

Samples: Indenture (JCC Holding Co)

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