Execution and Delivery of Subsidiary Guarantees. To evidence its Subsidiary Guarantee set forth in Section 10.01, each Guarantor hereby agrees that a notation of such Subsidiary Guarantee substantially in the form of Exhibit C (executed by the manual or facsimile signature of one of its Officers) shall be endorsed by an Officer of such Guarantor on each Note authenticated and delivered by the Trustee and that this Indenture shall be executed on behalf of such Guarantor by an Officer of such Guarantor. Each Guarantor hereby agrees that its Subsidiary Guarantee set forth in Section 10.01 shall remain in full force and effect notwithstanding any failure to endorse on each Note a notation of such Subsidiary Guarantee. If an Officer whose signature is on this Indenture or on the Subsidiary Guarantee no longer holds that office at the time the Trustee authenticates the Note on which a Subsidiary Guarantee is endorsed, the Subsidiary Guarantee shall be valid nevertheless. The delivery of any Note by the Trustee, after the authentication thereof hereunder, shall constitute due delivery of the Subsidiary Guarantee set forth in this Indenture on behalf of the Guarantors.
Appears in 3 contracts
Samples: Indenture (Allied Holdings Inc), Indenture (Delta Mills Inc), Indenture (Delta Woodside Industries Inc /Sc/)
Execution and Delivery of Subsidiary Guarantees. (a) To evidence its Subsidiary Guarantee set forth in Section 10.0111.01, each Guarantor hereby agrees that a notation of such Subsidiary Guarantee substantially in the form of attached as Exhibit C (executed by the manual or facsimile signature of one of its Officers) B hereto shall be endorsed by an Officer of such Guarantor on each Note authenticated and delivered by the Trustee and that this Indenture shall be executed on behalf of such Guarantor by an Officer one of such Guarantor. its Officers.
(b) Each Guarantor hereby agrees that its Subsidiary Guarantee set forth in Section 10.01 11.01 shall remain in full force and effect notwithstanding any failure to endorse on each Note a notation of such Subsidiary Guarantee. .
(c) If an Officer whose signature is on this Indenture or on the Subsidiary Guarantee no longer holds that office at the time the Trustee authenticates the Note on which a Subsidiary Guarantee is endorsed, the Subsidiary Guarantee shall be valid nevertheless. .
(d) The delivery of any Note by the Trustee, after the authentication thereof hereunder, shall constitute due delivery of the Subsidiary Guarantee set forth in this Indenture on behalf of the Guarantors.
(e) In the event that the Company creates or acquires any Domestic Subsidiary after the Issue Date, if required by Section 4.17, the Company shall cause such Domestic Subsidiary to comply with the provisions of Section 4.17 and this Article 11, to the extent applicable.
Appears in 3 contracts
Samples: Indenture (Covanta Energy Corp), Indenture (Covanta Energy Corp), Indenture (Covanta Energy Corp)
Execution and Delivery of Subsidiary Guarantees. To further evidence its the Subsidiary Guarantee Guarantees set forth in Section 10.011501, each Subsidiary Guarantor hereby agrees that a notation of relating to such Subsidiary Guarantee substantially in the form of Exhibit C (executed by the manual or facsimile signature of one of its Officers) Guarantees shall be endorsed by an Officer of such Guarantor on each Note Security authenticated and delivered by the Trustee in the form provided for in Section 205 and that this Indenture shall be executed on behalf of such Guarantor the Subsidiary Guarantors by either manual or facsimile signature by an Officer authorized officer of such each Subsidiary Guarantor. Each Guarantor of the Subsidiary Guarantors hereby agrees that its Subsidiary Guarantee set forth in Section 10.01 1501 shall remain in full force and effect notwithstanding any failure to endorse on each Note Security a notation of relating to such Subsidiary Guarantee. If an Officer of a Subsidiary Guarantor whose signature is on this Indenture or on the Subsidiary Guarantee a Security no longer holds that office at the time the Trustee authenticates the Note on which a such Security or at any time thereafter, such Subsidiary Guarantee is endorsed, the Subsidiary Guarantee of such Security shall be valid nevertheless. The delivery of any Note Security by the Trustee, after the authentication thereof hereunder, shall constitute due delivery of the any Subsidiary Guarantee set forth in this Indenture on behalf of the GuarantorsSubsidiary Guarantor.
Appears in 3 contracts
Samples: Indenture (NGC Corp), Indenture (NGC Corp), Indenture (NGC Corp)
Execution and Delivery of Subsidiary Guarantees. To evidence its Subsidiary Guarantee set forth in Section 10.015.1 hereof, each Guarantor hereby agrees that a notation of such Subsidiary Guarantee substantially in the form of Exhibit C (executed by the manual or facsimile signature of one of its Officers) shall be endorsed by an Officer of such Guarantor on each Note Security authenticated and delivered by the Trustee and that this Indenture shall be executed on behalf of such Guarantor by an Officer of such Guarantor. Each Guarantor hereby agrees that its Subsidiary Guarantee set forth in Section 10.01 5.1 hereof shall remain in full force and effect notwithstanding any failure to endorse on each Note Security a notation of such Subsidiary Guarantee. If an Officer whose signature is on this Indenture or on the Subsidiary Guarantee no longer holds that office at the time the Trustee authenticates the Note Security on which a Subsidiary Guarantee is endorsed, the Subsidiary Guarantee shall be valid nevertheless. The delivery of any Note Security by the Trustee, after the authentication thereof hereunder, shall constitute due delivery of the Subsidiary Guarantee set forth in this Indenture on behalf of the Guarantors.
Appears in 2 contracts
Samples: Indenture (Americredit Financial Services of Canada LTD), Indenture (Americredit Corp)
Execution and Delivery of Subsidiary Guarantees. To evidence its the Subsidiary Guarantee Guarantees set forth in Section 10.0111.01 hereof, each Guarantor hereby of the Guarantors agrees that a notation of such the Subsidiary Guarantee Guarantees substantially in the form of included in Exhibit C (executed by the manual or facsimile signature of one of its Officers) B shall be endorsed by an Officer of such Guarantor on each Note authenticated and delivered by the Trustee and that this Indenture shall be executed on behalf of each Guarantor by the Chairman of the Board, any Vice Chairman, the President or one of the Vice Presidents of such Guarantor and attested to by an any other Officer of such Guarantorthereof. Each Guarantor hereby agrees of the Guarantors agree that its the Subsidiary Guarantee Guarantees set forth in Section 10.01 shall this Article 11 will remain in full force and effect and apply to all the Notes notwithstanding any failure to endorse on each Note a notation of such the Subsidiary GuaranteeGuarantees. If an Officer whose facsimile signature is on this Indenture or on the Subsidiary Guarantee a Note no longer holds that office at the time the Trustee authenticates the Note on which a the Subsidiary Guarantee is Guarantees are endorsed, the Subsidiary Guarantee Guarantees shall be valid nevertheless. The delivery of any Note by the Trustee, after the authentication thereof hereunder, shall constitute due delivery of the Subsidiary Guarantee Guarantees set forth in this Indenture on behalf of the Guarantors.
Appears in 2 contracts
Samples: Indenture (Pacific Aerospace & Electronics Inc), Indenture (Pacific Aerospace & Electronics Inc)
Execution and Delivery of Subsidiary Guarantees. To evidence its Subsidiary Guarantee set forth in Section 10.011401, each Subsidiary Guarantor hereby agrees that a notation of such Subsidiary Guarantee substantially in the form of Exhibit C (executed by B to the manual or facsimile signature of one of its Officers) Third Supplemental Indenture shall be endorsed by an Officer officer of such Subsidiary Guarantor on each Note Debenture thereafter authenticated and delivered by the Trustee and Trustee, that a supplement to this Indenture shall be executed on behalf of such Subsidiary Guarantor by an Officer its duly authorized officer in accordance with Section 1016 hereof and that such Subsidiary Guarantor shall deliver to the Trustee the Opinion of such GuarantorCounsel required by Section 1016 hereof. Each Subsidiary Guarantor hereby agrees that its Subsidiary Guarantee set forth in Section 10.01 1401 shall remain in full force and effect notwithstanding any failure to endorse on each Note Debenture a notation of such Subsidiary Guarantee. If an Officer officer whose signature is on a supplement to this Indenture or on the notation of Subsidiary Guarantee no longer holds that office at the time the Trustee authenticates the Note Debenture on which a notation of Subsidiary Guarantee is endorsed, the Subsidiary Guarantee shall be valid nevertheless. The delivery of any Note Debenture by the Trustee, after the authentication thereof hereunderhereunder and whether upon original issue, registration of transfer, exchange or otherwise, shall constitute due delivery of the Subsidiary Guarantee set forth in this Indenture on behalf of the Guarantorseach Person that is then a Subsidiary Guarantor.
Appears in 2 contracts
Samples: Third Supplemental Indenture (Pride International Inc), Third Supplemental Indenture (Pride International Inc)
Execution and Delivery of Subsidiary Guarantees. To evidence its Subsidiary Guarantee set forth in Section 10.01Guarantee, each Subsidiary that is required to become a Guarantor hereby agrees that to execute a notation of such Subsidiary Guarantee supplement to this Indenture, substantially in the form of Exhibit C (executed by hereto, and deliver it to the manual or facsimile signature of one of its Officers) shall be endorsed by an Officer of Trustee. Each such Guarantor on each Note authenticated and delivered by the Trustee and that supplement to this Indenture shall be executed on behalf of the applicable Guarantor by either manual or facsimile signature of one Officer or other person duly authorized by all necessary corporate action of such Guarantor who shall have been duly authorized to so execute by an Officer all requisite corporate action. The validity and enforceability of such Guarantorany Subsidiary Guarantee shall not be affected by the fact that it is not affixed to any particular Security. Each Guarantor of the Guarantors, if any, hereby agrees that its Subsidiary Guarantee set forth in Section 10.01 shall remain in full force and effect notwithstanding any failure to endorse on each Note Security a notation of such Subsidiary Guarantee. If an Officer of a Guarantor whose signature is on this Indenture or on the a Subsidiary Guarantee no longer holds that office at the time the Trustee authenticates the Note Security on which a such Subsidiary Guarantee is endorsedendorsed or at any time thereafter, the such Guarantor’s Subsidiary Guarantee of such Security shall nevertheless be valid nevertheless. valid, The delivery of any Note Security by the Trustee, after the authentication thereof hereunder, shall constitute due delivery of the any Subsidiary Guarantee set forth in this Indenture on behalf of the Guarantorseach Guarantor.
Appears in 2 contracts
Samples: Indenture (National CineMedia, LLC), Indenture (National CineMedia, Inc.)
Execution and Delivery of Subsidiary Guarantees. To evidence its Subsidiary Guarantee set forth in Section 10.0110.01 hereof, each the Guarantor hereby agrees that a notation of such Subsidiary Guarantee substantially in the form of Exhibit C E (executed by the manual or facsimile signature of one of its Officers) shall be endorsed by an Officer of such the Guarantor on each Note authenticated and delivered by the Trustee and that this Indenture shall be executed on behalf of such the Guarantor by an Officer of such the Guarantor. Each The Guarantor hereby agrees that its Subsidiary Guarantee set forth in Section 10.01 hereof shall remain in full force and effect notwithstanding any failure to endorse on each Note a notation of such Subsidiary Guarantee. If an Officer whose signature is on this Indenture or on the Subsidiary Guarantee no longer holds that office at the time the Trustee authenticates the Note on which a Subsidiary Guarantee is endorsed, the Subsidiary Guarantee shall be valid nevertheless. The delivery of any Note by the Trustee, after the authentication thereof hereunder, shall constitute due delivery of the Subsidiary Guarantee set forth in this Indenture on behalf of the GuarantorsGuarantor.
Appears in 1 contract
Execution and Delivery of Subsidiary Guarantees. (a) To evidence its Subsidiary Guarantee set forth in Section 10.01this Supplemental Indenture, each Guarantor the Restricted Subsidiary hereby agrees that a notation of such Subsidiary Guarantee substantially in the form of Exhibit C (executed by to the manual or facsimile signature of one of its Officers) Indenture shall be endorsed by an Officer of such Guarantor Restricted Subsidiary on each Note authenticated and delivered by the Trustee and that this Indenture shall be executed on behalf of such Guarantor by an Officer of such Guarantor. Each Guarantor after the date hereof.
(b) Notwithstanding the foregoing, the Restricted Subsidiary hereby agrees that its Subsidiary Guarantee set forth in Section 10.01 herein shall remain in full force and effect notwithstanding any failure to endorse on each Note a notation of such Subsidiary Guarantee. .
(c) If an Officer whose signature is on this Supplemental Indenture or on the Subsidiary Guarantee no longer holds that office at the time the Trustee authenticates the Note on which a Subsidiary Guarantee is endorsed, the Subsidiary Guarantee shall be valid nevertheless. .
(d) The delivery of any Note by the Trustee, after the authentication thereof hereunderunder the Indenture, shall constitute due delivery of the Subsidiary Guarantee set forth in this Supplemental Indenture on behalf of the GuarantorsRestricted Subsidiary.
Appears in 1 contract
Samples: Indenture (Iron Mountain Inc /De)
Execution and Delivery of Subsidiary Guarantees. To evidence its Subsidiary Guarantee set forth in Section 10.0111.01, each Guarantor hereby agrees that a notation of such Subsidiary Guarantee substantially in the form of included in Exhibit C (executed by the manual or facsimile signature of one of its Officers) E shall be endorsed by an Officer of such Guarantor on each Note Security authenticated and delivered by the Trustee and that this Indenture shall be executed on behalf of such Guarantor by an Officer one of such Guarantorits Officers. Each Notwithstanding the foregoing, each Guarantor hereby agrees that its Subsidiary Guarantee set forth in Section 10.01 shall remain in full force and effect notwithstanding any failure by such Guarantor to endorse on each Note Security a notation of such Subsidiary Guarantee shall not affect such Guarantor’s obligations under Section 11.01 or the validity of such Guarantor’s Subsidiary Guarantee. If an Officer whose signature is on this Indenture or on the any Subsidiary Guarantee no longer holds that office at the time the Trustee authenticates the Note Security on which a the Subsidiary Guarantee is endorsed, the Subsidiary Guarantee shall nevertheless be valid neverthelessvalid. The delivery of any Note Security by the Trustee, after the authentication thereof hereunder, shall constitute due delivery of the Subsidiary Guarantee set forth in this Indenture on behalf of the Guarantors.
Appears in 1 contract
Execution and Delivery of Subsidiary Guarantees. To evidence its the Subsidiary Guarantee set forth in Section 10.01this Article 10, each Subsidiary Guarantor hereby agrees that a notation of such Subsidiary Guarantee substantially in the form of included in Exhibit C (executed by the manual or facsimile signature of one of its Officers) G hereto shall be endorsed by an Officer of such Guarantor placed on each Note authenticated and delivered made available for delivery by the Trustee and that the Subsidiary Guarantee in this Indenture shall be executed on behalf of such each Subsidiary Guarantor by the manual or facsimile signature of an Officer of such each Subsidiary Guarantor. Each Subsidiary Guarantor hereby agrees that its the Subsidiary Guarantee set forth in Section 10.01 shall remain in full force and effect notwithstanding any failure to endorse on each Note a notation of such Subsidiary Guarantee. If an Officer of a Subsidiary Guarantor whose manual or facsimile signature is on this Indenture or on the Subsidiary Guarantee no longer holds that office at the time the Trustee authenticates the Note on which a the Subsidiary Guarantee is endorsed, the Subsidiary Guarantee shall be valid nevertheless. The delivery of any Note by the Trustee, after the authentication thereof hereunder, shall constitute due delivery of the Subsidiary Guarantee set forth in this Indenture on behalf of the Guarantors.each Subsidiary Guarantor. 93 -84-
Appears in 1 contract
Samples: Indenture (Cityscape Corp)
Execution and Delivery of Subsidiary Guarantees. To further evidence its the Subsidiary Guarantee Guarantees set forth in Section 10.011502, each Subsidiary Guarantor hereby agrees that a notation of relating to such Subsidiary Guarantee substantially in the form of Exhibit C (executed by the manual or facsimile signature of one of its Officers) Guarantees shall be endorsed by an Officer of such Guarantor on each Note Guaranteed Security authenticated and delivered by the Trustee and that this Indenture in the form provided for in Section 206. Each Subsidiary Guarantor shall be executed deemed to have signed on behalf each Guaranteed Security issued hereunder any required notation of guarantee to the same extent as if the signature of such Subsidiary Guarantor by an Officer appeared on such Guaranteed Security. The notation of a guarantee set forth on any Guaranteed Security shall be null and void and of no further effect with respect to the Subsidiary Guarantee of any Subsidiary Guarantor which, pursuant to Section 1507, is released from such GuarantorSubsidiary Guarantee. Each Guarantor of the Subsidiary Guarantors hereby agrees that its Subsidiary Guarantee set forth in Section 10.01 1502 shall remain in full force and effect notwithstanding any failure to endorse on each Note Guaranteed Security a notation of relating to such Subsidiary Guarantee. If an Officer whose signature is on this Indenture or on the Subsidiary Guarantee no longer holds that office at the time the Trustee authenticates the Note on which a Subsidiary Guarantee is endorsed, the Subsidiary Guarantee shall be valid nevertheless. The delivery of any Note Guaranteed Security by the Trustee, after the authentication thereof hereunder, shall constitute due delivery of the any Subsidiary Guarantee set forth in this Indenture on behalf of the GuarantorsSubsidiary Guarantor.
Appears in 1 contract
Samples: Indenture (Pacifcare Operations Inc)
Execution and Delivery of Subsidiary Guarantees. To further evidence its the Subsidiary Guarantee set forth in Section 10.018.01 hereof, each Subsidiary Guarantor hereby agrees that a notation of such the Subsidiary Guarantee substantially in shall be endorsed on each Security delivered by the form of Exhibit C (Agent and executed by the either manual or facsimile signature of one of its Officers) shall be endorsed by an Officer authorized officer of such Guarantor on each Note authenticated and delivered by the Trustee and that this Indenture shall be executed on behalf of such Guarantor by an Officer of such Subsidiary Guarantor. Each Subsidiary Guarantor hereby agrees that its Subsidiary Guarantee set forth in Section 10.01 8.01 hereof shall remain in full force and effect notwithstanding any failure to endorse on each Note Security a notation of such the Subsidiary Guarantee. If an Officer officer of the Subsidiary Guarantor whose signature is on this Indenture or on the Subsidiary Guarantee Security no longer holds that office at the time the Trustee authenticates the Note on which a Subsidiary Guarantee is endorsedAgent delivers such Security or at any time thereafter, the Subsidiary Guarantor’s Subsidiary Guarantee of such Security shall be valid nevertheless. The delivery of any Note Security by the Trustee, after the authentication thereof hereunder, Agent shall constitute due delivery of the Subsidiary Guarantee set forth in this Indenture the Security on behalf of such Subsidiary Guarantor, whether or not the Guarantorsnotation of Subsidiary Guarantee is endorsed thereon.
Appears in 1 contract
Samples: Subordinated Term Loan Notes (FriendFinder Networks Inc.)
Execution and Delivery of Subsidiary Guarantees. (a) To evidence its the Subsidiary Guarantee set forth in Section 10.01this Article 12, each Subsidiary Guarantor hereby agrees that a notation of such Subsidiary Guarantee substantially in shall be placed on each Note authenticated and made available for delivery by the form Indenture Trustee and that this Subsidiary Guarantee shall be executed on behalf of Exhibit C (executed each Subsidiary Guarantor by the manual or facsimile signature of one of its Officers) shall be endorsed by an Officer of such Guarantor on each Note authenticated and delivered by the Trustee and that this Indenture shall be executed on behalf of such Guarantor by an Officer of such Subsidiary Guarantor. .
(b) Each Subsidiary Guarantor hereby agrees that its the Subsidiary Guarantee set forth in Section 10.01 12.01 shall remain in full force and effect notwithstanding any failure to endorse on each Note a notation of such Subsidiary Guarantee. .
(c) If an Officer of a Subsidiary Guarantor whose signature is on this Indenture or on the Subsidiary Guarantee no longer holds that office at the time the Indenture Trustee authenticates the Note on which a the Subsidiary Guarantee is endorsed, the Subsidiary Guarantee shall be valid nevertheless. .
(d) The delivery of any Note by the Indenture Trustee, after the authentication thereof hereunder, shall constitute due delivery of the Subsidiary Guarantee set forth in this Indenture on behalf of the Guarantorseach Subsidiary Guarantor.
Appears in 1 contract
Samples: Indenture (Transtel S A)
Execution and Delivery of Subsidiary Guarantees. To evidence its Subsidiary Guarantee set forth in Section 10.0110.01 hereof, each Guarantor hereby agrees that a notation of such Subsidiary Guarantee substantially in the form of Exhibit C E (executed by the manual or facsimile signature of one of its Officers) shall be endorsed by an Officer of such Guarantor on each Note authenticated and delivered by the Trustee and that this Indenture shall be executed on behalf of such Guarantor by an Officer of such Guarantor. Each Guarantor hereby agrees that its Subsidiary Guarantee set forth in Section 10.01 hereof shall remain in full force and effect notwithstanding any failure to endorse on each Note a notation of such Subsidiary Guarantee. If an Officer whose signature is on this Indenture or on the Subsidiary Guarantee no longer holds that office at the time the Trustee authenticates the Note on which a Subsidiary Guarantee is endorsed, the Subsidiary Guarantee shall be valid nevertheless. The delivery of any Note by the Trustee, after the authentication thereof hereunder, shall constitute due delivery of the Subsidiary Guarantee set forth in this Indenture on behalf of the Guarantors.
Appears in 1 contract
Samples: Indenture (Americredit Corp)
Execution and Delivery of Subsidiary Guarantees. To evidence its Subsidiary Guarantee set forth in Section 10.0111.01 hereof, each Guarantor hereby agrees that a notation of such Subsidiary Guarantee substantially in the form of Exhibit C (executed by the manual or facsimile signature of one of its Officers) shall be endorsed by an Officer of such Guarantor on each Note authenticated and delivered by the Trustee and that this Indenture shall be executed on behalf of such Guarantor by an Officer of such Guarantor. Each Guarantor hereby agrees that its Subsidiary Guarantee set forth in Section 10.01 11.01 hereof shall remain in full force and effect notwithstanding any failure to endorse on each Note a notation of such Subsidiary Guarantee. If an Officer whose signature is on this Indenture or on the Subsidiary Guarantee no longer holds that office at the time the Trustee authenticates the Note on which a Subsidiary Guarantee is endorsed, the Subsidiary Guarantee shall be valid nevertheless. The delivery of any Note by the Trustee, after the authentication thereof hereunder, shall constitute due delivery of the Subsidiary Guarantee set forth in this Indenture on behalf of the Guarantors.
Appears in 1 contract
Samples: Indenture (Metal Management Inc)
Execution and Delivery of Subsidiary Guarantees. To further evidence its the Subsidiary Guarantee set forth in Section 10.011401 hereof, each Subsidiary Guarantor hereby agrees that a notation of such the Subsidiary Guarantee substantially in the form of Exhibit C (executed by the manual or facsimile signature of one of its Officers) shall be endorsed by an Officer of such Guarantor on each Note Security authenticated and delivered by the Trustee and that this Indenture shall be executed on behalf by either manual or facsimile signature of an authorized officer of such Guarantor by an Officer of such Subsidiary Guarantor. Each Subsidiary Guarantor hereby agrees that its Subsidiary Guarantee set forth in Section 10.01 1401 hereof shall remain in full force and effect notwithstanding any failure to endorse on each Note Security a notation of such the Subsidiary Guarantee. If an Officer officer of the Subsidiary Guarantor whose signature is on this Indenture or on the Subsidiary Guarantee a Security no longer holds that office at the time the Trustee authenticates the Note on which a Subsidiary Guarantee is endorsedsuch Security or at any time thereafter, the Subsidiary Guarantor's Subsidiary Guarantee of such Security shall be valid nevertheless. The delivery of any Note Security by the Trustee, after the authentication thereof hereunder, shall constitute due delivery of the Subsidiary Guarantee set forth in this Indenture on behalf of such Subsidiary Guarantor, whether or not the Guarantorsnotation of Subsidiary Guarantee is endorsed thereon. Section 1408 Release of Subsidiary Guarantor.
Appears in 1 contract
Samples: Indenture (Globix Corp)
Execution and Delivery of Subsidiary Guarantees. To further evidence its the Subsidiary Guarantee set forth in Section 10.011401 hereof, each Subsidiary Guarantor hereby agrees that a notation of such the Subsidiary Guarantee substantially in the form of Exhibit C (executed by the manual or facsimile signature of one of its Officers) shall be endorsed by an Officer of such Guarantor on each Note Security authenticated and delivered by the Trustee and that this Indenture shall be executed on behalf by either manual or facsimile signature of an authorized officer of such Guarantor by an Officer of such Subsidiary Guarantor. Each Subsidiary Guarantor hereby agrees that its Subsidiary Guarantee set forth in Section 10.01 1401 hereof shall remain in full force and effect notwithstanding any failure to endorse on each Note Security a notation of such the Subsidiary Guarantee. If an Officer officer of the Subsidiary Guarantor whose signature is on this Indenture or on the Subsidiary Guarantee a Security no longer holds that office at the time the Trustee authenticates the Note on which a Subsidiary Guarantee is endorsedsuch Security or at any time thereafter, the Subsidiary Guarantor's Subsidiary Guarantee of such Security shall be valid nevertheless. The delivery of any Note Security by the Trustee, after the authentication thereof hereunder, shall constitute due delivery of the Subsidiary Guarantee set forth in this Indenture on behalf of such Subsidiary Guarantor, whether or not the Guarantorsnotation of Subsidiary Guarantee is endorsed thereon.
Appears in 1 contract
Samples: Indenture (General Media Inc)
Execution and Delivery of Subsidiary Guarantees. To evidence its Subsidiary Guarantee set forth in Section 10.0110.01 hereof, each Guarantor hereby agrees that a notation of such Subsidiary Guarantee substantially in the form of Exhibit C D (executed by the manual or facsimile signature of one of its Officers) shall be endorsed by an Officer of such Guarantor on each Note authenticated and delivered by the Trustee and that this Indenture shall be executed on behalf of such Guarantor by an Officer of such Guarantor. Each Guarantor hereby agrees that its Subsidiary Guarantee set forth in Section 10.01 hereof shall remain in full force and effect notwithstanding any failure to endorse on each Note a notation of such Subsidiary Guarantee. If an Officer whose signature is on this Indenture or on the Subsidiary Guarantee no longer holds that office at the time the Trustee authenticates the Note on which a Subsidiary Guarantee is endorsed, the Subsidiary Guarantee shall be valid nevertheless. The delivery of any Note by the Trustee, after the authentication thereof hereunder, shall constitute due delivery of the Subsidiary Guarantee set forth in this Indenture on behalf of the Guarantors.
Appears in 1 contract
Samples: Indenture (Americredit Corp)