Common use of Execution and Delivery of Notation of Guarantees Clause in Contracts

Execution and Delivery of Notation of Guarantees. To further evidence the Guarantees, each Guarantor hereby agrees that a notation of its Guarantee may be endorsed on each Security of a series to which this Article Fourteen has been made applicable authenticated and delivered by the Trustee and executed by either manual or facsimile signature of an officer of such Guarantor. Each Guarantor hereby agrees that its Guarantee of Securities of a series to which this Article Fourteen has been made applicable shall remain in full force and effect notwithstanding any failure to endorse on any such Security a notation relating to any Guarantee thereof. If an officer of a Guarantor whose signature is on this Indenture or a Security no longer holds that office at the time the Trustee authenticates such Security or at any time thereafter, such Guarantor’s Guarantee of such Security shall be valid nevertheless. The delivery by the Trustee of any Security of a series to which this Article Fourteen has been made applicable, after the authentication thereof under this Indenture, shall constitute due delivery of the Guarantees set forth in this Indenture on behalf of the applicable Guarantor.

Appears in 2 contracts

Samples: Third Supplemental Indenture (Weatherford International Ltd./Switzerland), Second Supplemental Indenture (Weatherford International LTD)

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Execution and Delivery of Notation of Guarantees. To further evidence the Guarantees, each the Guarantor hereby agrees that on the date of this Indenture a notation of its Guarantee may such Guarantees shall be endorsed on each Security of a series to which this Article Fourteen has been made applicable authenticated and delivered by the Trustee and executed by either manual or facsimile signature of an officer Officer of such GuarantorDevon Energy Corporation. Each The Guarantor hereby agrees that its Guarantee of Securities of a series to which this Article Fourteen has been made applicable Guarantees shall remain in full force and effect notwithstanding any failure to endorse on any such each Security a notation relating to any the Guarantee thereof. If an officer Officer of a the Guarantor whose signature is on this Indenture or a Security no longer holds that office office, or if any other or additional Person shall have become a "Guarantor" hereunder in accordance with Section 4.01, 4.02 and/or 11.18 hereof, at the time the Trustee authenticates such Security or at any time thereafter, such the Guarantor’s 's Guarantee of such Security shall be valid nevertheless. The delivery by the Trustee of any Security of a series to which this Article Fourteen has been made applicableby the Trustee, after the authentication thereof under this Indenturehereunder, shall constitute due delivery of the Guarantees any Guarantee set forth in this Indenture on behalf of the applicable Guarantor and each other Person which may at such time constitute the "Guarantor" hereunder.

Appears in 1 contract

Samples: Devon Energy Corp/De

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Execution and Delivery of Notation of Guarantees. To further evidence the Guarantees, each Guarantor hereby agrees that a notation of its Guarantee may be endorsed on each Security of a series to which this Article Fourteen NINETEEN has been made applicable authenticated and delivered by the Trustee and executed by either manual or facsimile signature of an officer of such Guarantor. Each Guarantor hereby agrees that its Guarantee of Securities of a series to which this Article Fourteen has been made applicable shall remain in full force and effect notwithstanding any failure to endorse on any such Security a notation relating to any Guarantee the Guarantees thereof. If an officer of a Guarantor whose signature is on this Indenture or a Security no longer holds that office at the time the Trustee authenticates such Security or at any time thereafter, such Guarantor’s Guarantee of such Security shall be valid nevertheless. The delivery by the Trustee of any Security of a series to which this Article Fourteen NINETEEN has been made applicable, after the authentication thereof under this Indenture, shall constitute due delivery of the Guarantees set forth in this Indenture on behalf of the applicable Guarantor.

Appears in 1 contract

Samples: Supplemental Indenture (Weatherford International Ltd./Switzerland)

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