Guarantee of Payment; Continuing Guarantee. The guarantee given by the Parent in this Article X is a guaranty of payment and not of collection, is a continuing guarantee, and shall apply to all Obligations whenever arising.
Appears in 7 contracts
Samples: Credit Agreement (Mallinckrodt PLC), Superpriority Senior Secured Debtor in Possession Credit Agreement (Mallinckrodt PLC), Opioid Deferred Cash Payments Agreement (Mallinckrodt PLC)
Guarantee of Payment; Continuing Guarantee. The guarantee given by the Parent Parent, in this Article X is a guaranty of payment and not of collection, is a continuing guarantee, and shall apply to all Secured Obligations whenever arising.
Appears in 3 contracts
Samples: Credit Agreement (Endo, Inc.), Credit Agreement (Endo, Inc.), Credit Agreement (Endo International PLC)
Guarantee of Payment; Continuing Guarantee. The guarantee given by the Parent and Holdings in this Article X is a guaranty guarantee of payment and not of collection, is a continuing guarantee, and shall apply to all Obligations whenever arising.
Appears in 3 contracts
Samples: First Lien Credit Agreement (Amaya Inc.), Second Lien Credit Agreement (Amaya Inc.), First Lien Credit Agreement (Amaya Inc.)