Common use of Execution of Notation of Guarantee Clause in Contracts

Execution of Notation of Guarantee. To evidence its Guarantee to the Holders specified in Section 14.01, Parent hereby agrees to execute the notation of the Guarantee in substantially the form set forth in Section 2.02 to be endorsed on each Security authenticated and delivered by the Trustee. Parent hereby agrees that its Guarantee set forth in Section 14.01 shall remain in full force and effect notwithstanding any failure to endorse on any Security a notation of such Guarantee. Each such notation of Guarantee shall be signed on behalf of Parent by any proper officer of Parent prior to the authentication of the Security on which it is endorsed, and the delivery of such Security by the Trustee, after the due authentication thereof by the Trustee hereunder, shall constitute due delivery of the Guarantee on behalf of Parent. Such signatures upon the notation of Guarantee may be manual or facsimile signatures of any present or any future such officers. Typographical and other minor errors or defects in any such reproduction of any such signature shall not affect the validity or enforceability of the Guarantee of any Security that has been duly authenticated and delivered by the Trustee. In case any such proper officer of Parent who shall have signed the notation of Guarantee shall cease to be such officer before the Security on which such notation is endorsed shall have been authenticated and delivered by the Trustee or disposed of by the Issuer, such Security nevertheless may be authenticated and delivered or disposed of as though the person who signed such notation of Guarantee had not ceased to be such officer of Parent; and any notation of Guarantee may be signed on behalf of Parent by such persons as, at the actual date of the execution of such notation of Guarantee, shall be the proper officers of Parent, although at the date of execution and delivery of this Indenture any such person was not such an officer.

Appears in 4 contracts

Samples: Indenture (Whirlpool Corp /De/), Indenture (Whirlpool Emea Finance S.A R.L.), Indenture (Whirlpool Corp /De/)

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