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

Execution and Delivery of Subsidiary Guarantee. The Subsidiary Guarantee of a Guarantor shall be evidenced by its execution and delivery of a supplement to this Indenture. Each Guarantor hereby agrees that its Subsidiary Guarantee set forth in Section 10.01 hereof will remain in full force and effect notwithstanding any failure to endorse on each Note a notation of such Subsidiary Guarantee. The delivery of any Note by the Trustee, after the authentication thereof hereunder, will constitute due delivery of the Subsidiary Guarantee set forth in this Indenture on behalf of the Guarantors.

Appears in 2 contracts

Samples: Indenture (Natural Resource Partners Lp), Indenture (Natural Resource Partners Lp)

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Execution and Delivery of Subsidiary Guarantee. The Each Subsidiary Guarantee of a Guarantor shall be evidenced by its execution and delivery of a supplement to this Indenture. Each Guarantor hereby agrees that its Subsidiary Guarantee set forth in Section 10.01 hereof will 13.01 shall remain in full force and effect notwithstanding any failure to endorse on each Note a notation of such Subsidiary Guarantee. The delivery of any Note by the Trustee, after the authentication thereof hereunder, will constitute due delivery of If an Officer whose signature is on this Indenture or on the Subsidiary Guarantee set forth in this Indenture no longer holds that office at the time the Trustee authenticates the Note on behalf of which a Subsidiary Guarantee is endorsed, the GuarantorsSubsidiary Guarantee shall be valid nevertheless.

Appears in 1 contract

Samples: Indenture (Patrick Industries Inc)

Execution and Delivery of Subsidiary Guarantee. The Subsidiary Guarantee of a Guarantor shall be evidenced by its execution and delivery of a supplement to this Indenture. Each Guarantor hereby agrees that To evidence its Subsidiary Guarantee set forth in Section 10.01 hereof will remain in full force and effect notwithstanding any failure to endorse on 13.1, each Note Guarantor hereby agrees that a notation of such Subsidiary Guarantee. The delivery Guarantee substantially in the following form will be endorsed by an officer of any such Guarantor on each Senior Note authenticated and delivered by the Trustee, after the authentication thereof hereunder, will constitute due delivery of the Subsidiary Guarantee set forth in Trustee and that this Indenture will be executed on behalf of the Guarantorssuch Guarantor by one of its officers.

Appears in 1 contract

Samples: Indenture (Resource America Inc)

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Execution and Delivery of Subsidiary Guarantee. The Subsidiary Guarantee of a Guarantor shall be evidenced by its execution and delivery of a supplement to this Indenture. Each Guarantor hereby agrees that To evidence its Subsidiary Guarantee set forth in Section 10.01 hereof will remain in full force and effect notwithstanding any failure to endorse on 10.01, each Note Guarantor hereby agrees that a notation of such Subsidiary Guarantee. The delivery Guarantee substantially in the form included in Exhibit E attached hereto shall be endorsed by an Officer of any such Guarantor on each Note authenticated and delivered by the Trustee, Trustee after the authentication thereof hereunder, will constitute due delivery of the Subsidiary Guarantee set forth in such Guarantor becomes a Guarantor and that this Indenture shall be executed on behalf of the Guarantorssuch Guarantor by an Officer of such Guarantor.

Appears in 1 contract

Samples: Indenture (GPPD Inc)

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