Common use of Guarantee Matters Clause in Contracts

Guarantee Matters. The Lenders and the Issuing Banks irrevocably authorize the Administrative Agent, at its option and in its discretion to release any Guarantor from its obligations under the Guarantee if such Person ceases to be a Subsidiary as a result of a transaction that is permitted under the Loan Documents, including any release required under Section 5.01(l)(iv). Upon request by the Administrative Agent at any time, the Required Lenders will confirm in writing the Administrative Agent's authority to release any Guarantor from its obligations under the Guarantee pursuant to this Section 7.10.

Guarantee Matters. The Lenders and the Issuing Banks irrevocably authorize the Administrative Agent, at its option and in its discretion discretion, to release any Subsidiary Guarantor from its obligations under the Guarantee Article X hereof if such Person ceases to be a Subsidiary as a result of a transaction that is permitted under the Loan Documents, including any release required under Section 5.01(l)(iv)hereunder. Upon request by the Administrative Agent at any time, the Required Lenders will confirm in writing the Administrative Agent's ’s authority to release any Subsidiary Guarantor from its obligations under the Subsidiary Guarantee pursuant to this Section 7.109.09.

Guarantee Matters. The Lenders and the Issuing Banks Lenders irrevocably authorize the Administrative Agent, at its option and in its discretion Agent to release any Guarantor from its obligations under the Guarantee if such Person ceases to be a Subsidiary as a result of a transaction that is permitted under the Loan Documents, including effect any release required under of Guarantee Obligations contemplated by Section 5.01(l)(iv)10.17. Upon request by the Administrative Agent at any time, the Required Majority Lenders will confirm in writing the Administrative Agent's ’s authority to release any Guarantor from its obligations under the Guarantee Agreement pursuant to this Section 7.109.9.

Guarantee Matters. The Without limiting the provisions of Section 9.9, the Lenders and the Issuing Banks irrevocably authorize the Administrative Agent, at its option and in its discretion discretion, to release any Guarantor from its obligations under the Guarantee if such Person ceases pursuant to be a Subsidiary as a result of a transaction that is permitted under the Loan Documents, including any release required under Section 5.01(l)(iv)10.15. Upon request by the Administrative Agent at any time, the Required Lenders Xxxxxxx will confirm in writing the Administrative Agent's ’s authority to release any Guarantor from its obligations under the Guarantee pursuant to this Section 7.109.10.

Guarantee Matters. The Lenders and the Issuing Banks irrevocably authorize the Administrative Agent, at its option and in its discretion discretion, to release any Subsidiary Guarantor from its obligations under the Guarantee if such Person ceases to be a Subsidiary as a result of a transaction that is permitted under the Loan Documents, including any release required under Section 5.01(l)(iv)hereunder. Upon request by the Administrative Agent at any time, the Required Lenders will confirm in writing the Administrative Agent's ’s authority to release any Subsidiary Guarantor from its obligations under the Subsidiary Guarantee pursuant to this Section 7.109.10.