Common use of Guarantee Irrevocable Clause in Contracts

Guarantee Irrevocable. This Guarantee is a continuing guaranty of the payment of all Guaranteed Liabilities now or hereafter existing under this Agreement, and shall remain in full force and effect until payment in full of all Guaranteed Liabilities and other amounts payable hereunder or, if earlier, when the Guarantor has been designated an Unrestricted Subsidiary in accordance with Section 6.16(b).

Appears in 2 contracts

Samples: Credit Agreement (Clayton Williams Energy Inc /De), Credit Agreement (Clayton Williams Energy Inc /De)

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Guarantee Irrevocable. This Guarantee is a continuing guaranty of the payment of all Guaranteed Liabilities now or hereafter existing under this Agreement, and shall remain in full force and effect until payment in full of all Guaranteed Liabilities and other amounts payable hereunder or, if earlier, when the Guarantor has been designated an Unrestricted Subsidiary in accordance with Section 6.16(b)hereunder.

Appears in 2 contracts

Samples: Credit Agreement (Lilis Energy, Inc.), Credit Agreement (Gastar Exploration Inc.)

Guarantee Irrevocable. This Guarantee is a continuing guaranty of the payment of all Guaranteed Liabilities now or hereafter existing under this Agreement, and shall remain in full force and effect until payment in full of all Guaranteed Liabilities and other amounts payable hereunder or, if earlier, when the Guarantor (other than contingent indemnification obligations as to which no claim has been designated an Unrestricted Subsidiary in accordance with Section 6.16(b)asserted) and this Agreement has been terminated.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Peak Resources LP)

Guarantee Irrevocable. This Guarantee is a continuing guaranty of the payment of all Guaranteed Liabilities now or hereafter existing under this Agreement, Agreement and shall remain in full force and effect until payment in full of all Guaranteed Liabilities and other amounts payable hereunder or129 EXCO Resources, if earlier, when the Guarantor has been designated an Unrestricted Subsidiary in accordance with Section 6.16(b).Inc.

Appears in 1 contract

Samples: Term Loan Credit Agreement (Exco Resources Inc)

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Guarantee Irrevocable. This Guarantee is a continuing guaranty of the payment of all Guaranteed Liabilities now or hereafter existing under this Agreement, and shall remain in full force and effect until payment the Discharge of Obligations and the Discharge of Swap Obligations (as defined in full of all Guaranteed Liabilities and other amounts payable hereunder or, if earlier, when the Guarantor has been designated an Unrestricted Subsidiary in accordance with Section 6.16(bSwap Intercreditor Agreement).

Appears in 1 contract

Samples: Credit Agreement (Gastar Exploration Inc.)

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