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

Execution and Delivery of the Guarantee. To evidence its Guarantee set forth in Section 10.01, each Guarantor hereby agrees that a notation of such Guarantee substantially in the form attached as Exhibit E hereto will be endorsed by an Officer of such Guarantor on each Note 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 Guarantee set forth in Section 10.01 will remain in full force and effect notwithstanding any failure to endorse on each Note a notation of such Guarantee. If an Officer whose signature is on this Indenture or on the Guarantee no longer holds that office at the time the Trustee authenticates the Note on which a Guarantee is endorsed, the Guarantee will be valid nevertheless. The delivery of any Note by the Trustee, after the authentication thereof hereunder, will constitute due delivery of the Guarantee set forth in this Indenture on behalf of the Guarantors. In the event that the Company creates or acquires a Subsidiary, after the date of this Indenture, if required by Section 4.17 hereof, the Company will cause such Subsidiary to comply with the provisions of Section 4.17 hereof and this Article 10, to the extent applicable.

Appears in 2 contracts

Samples: Neighborcare Inc, Genesis Healthcare Corp

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Execution and Delivery of the Guarantee. To evidence its Guarantee set forth in Section 10.01, each the Guarantor hereby agrees that a notation of such Guarantee Guarantee, substantially in the form attached included in the Note annexed hereto as Exhibit E hereto will A-1 and Exhibit A-2, shall be endorsed by an Officer of such Guarantor on each Note authenticated and delivered by the Trustee and that this Indenture will shall be executed on behalf of such Guarantor by one of its OfficersPresident, any Vice President, Secretary or Treasurer. Each The Guarantor hereby agrees that its Guarantee set forth in Section 10.01 will shall remain in full force and effect notwithstanding any failure to endorse on each Note a notation of such Guarantee. If an Officer whose signature is on this Indenture or on the Guarantee no longer holds that office at the time the Trustee authenticates the Note on which a Guarantee is endorsed, the Guarantee will shall be valid nevertheless. The delivery of any Note by the Trustee, after the authentication thereof hereunder, will shall constitute due delivery of the Guarantee set forth in this Indenture on behalf of the GuarantorsGuarantor. In the event that the Company creates or acquires a Subsidiary, after any new Subsidiaries subsequent to the date of this Indenture, if required by Section 4.17 hereof4.07, the Company will shall cause 85 such Subsidiary Subsidiaries to comply execute supplemental indentures to this Indenture and Guarantees in accordance with the provisions of Section 4.17 hereof 4.07 and this Article 10Ten, to the extent applicable.

Appears in 1 contract

Samples: American Color Graphics Inc

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Execution and Delivery of the Guarantee. To evidence its Guarantee set forth in Section 10.01, each Guarantor hereby agrees that a notation of such Guarantee Guarantee, substantially in the form attached included in the Note annexed hereto as Exhibit E hereto will A-1, shall be endorsed by an Officer of such Guarantor on each Note authenticated and delivered by the Trustee and that this Indenture will shall be executed on behalf of such Guarantor by one of its OfficersPresident, any Vice President, Secretary or Treasurer. Each Guarantor hereby agrees that its Guarantee set forth in Section 10.01 will shall remain in full force and effect notwithstanding any failure to endorse on each Note a notation of such Guarantee. If an Officer whose signature is on this Indenture or on the Guarantee no longer holds that office at the time the Trustee authenticates the Note on which a Guarantee is endorsed, the Guarantee will shall be valid nevertheless. The delivery of any Note by the Trustee, after the authentication thereof hereunder, will shall constitute due delivery of the Guarantee set forth in this Indenture on behalf of the Guarantors. In the event that the Company creates or acquires a Subsidiary, after any new Subsidiaries subsequent to the date of this Indenture, if required by Section 4.17 hereof4.07, the Company will shall cause such Subsidiary Subsidiaries to comply execute supplemental indentures to this Indenture and Guarantees in accordance with the provisions of Section 4.17 hereof 4.07 and this Article 10Ten, to the extent applicable.

Appears in 1 contract

Samples: Evergreen International Aviation Inc

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