Common use of Execution and Delivery of Security Guarantee Clause in Contracts

Execution and Delivery of Security Guarantee. To evidence its Security Guarantee set forth in Section 10.01, each Guarantor hereby agrees that a notation of such Security Guarantee will be endorsed by an Officer of such Guarantor on each Security of a guaranteed Series authenticated and delivered by the Trustee and that this Indenture will be executed on behalf of such Guarantor by one of its Officers. Each Guarantor hereby agrees that its Security Guarantee set forth in Section 10.01 will remain in full force and effect notwithstanding any failure to endorse on each Security of a guaranteed Series a notation of such Security Guarantee. If an Officer whose signature is on this Indenture or on the Security Guarantee no longer holds that office at the time the Trustee authenticates the Security on which a Security Guarantee is endorsed, the Security Guarantee will be valid nevertheless. The delivery of any Security of a guaranteed Series by the Trustee, after the authentication thereof hereunder, will constitute due delivery of the Security Guarantee set forth in this Indenture on behalf of the Guarantors.

Appears in 4 contracts

Samples: Indenture (Education Realty Trust, Inc.), Indenture (Corrections Corp of America), CCA Western Properties, Inc.

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Execution and Delivery of Security Guarantee. To evidence its Security Guarantee set forth in Section 10.0110.01 hereof, each Guarantor hereby agrees that a notation Notation of such Security Guarantee substantially in the form attached as Exhibit A hereto will be endorsed by an Officer of such Guarantor on each Security of a guaranteed Series authenticated and delivered by the Trustee and that this Indenture will be executed on behalf of such Guarantor by one of its Officers. Each Guarantor hereby agrees that its Security Guarantee set forth in Section 10.01 hereof will remain in full force and effect notwithstanding any failure to endorse on each Security a Notation of a guaranteed Series a notation of such Security Guarantee. If an Officer whose signature is on this Indenture or on the Security Guarantee no longer holds that office at the time the Trustee authenticates the Security on which a Security Guarantee is endorsed, the Security Guarantee will be valid nevertheless. The delivery of any Security of a guaranteed Series by the Trustee, after the authentication thereof hereunder, will constitute due delivery of the Security Guarantee set forth in this Indenture on behalf of the Guarantors.

Appears in 3 contracts

Samples: Indenture (Metropcs Communications Inc), Indenture (MetroPCS Finance, Inc.), Indenture (MetroPCS Finance, Inc.)

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Execution and Delivery of Security Guarantee. To evidence its Security Guarantee set forth in Section 10.0116.1 hereof, each Guarantor hereby agrees that a notation of such Security Guarantee will be endorsed by an Officer of such Guarantor on each Security of a guaranteed each Series authenticated and delivered by the Trustee and that this Indenture any supplemental indenture establishing the terms of such Series will be executed on behalf of such Guarantor by one of its Officers. Each Guarantor hereby agrees that its Security Guarantee set forth in Section 10.01 16.1 hereof will remain in full force and effect notwithstanding any failure to endorse on each any Security of a guaranteed Series a notation of such Security Guarantee. If an Officer whose signature is on this Indenture or on the Security Guarantee no longer holds that office at the time the Trustee authenticates the Security on which a Security Guarantee is endorsed, the Security Guarantee will be valid nevertheless. The delivery of any Security of a guaranteed Series by the Trustee, after the authentication thereof hereunder, will constitute due delivery of the Security Guarantee set forth in this Indenture on behalf of the Guarantors.

Appears in 2 contracts

Samples: Reconciliation and Tie (RJE Telecom of California, Inc.), Reconciliation And (RJE Telecom of California, Inc.)

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