Common use of GUARANTEED PARTIES Clause in Contracts

GUARANTEED PARTIES. Each Guarantor hereby acknowledges that (i) the Trustees act for and on behalf of each of the Holders as agents in connection with this Indenture and the Notes and (ii) the Note Guarantees granted in favour of the Trustees and each of the Holders hereunder are and shall be held by the Trustees for the benefit of the Holders and the Trustees.

GUARANTEED PARTIES. Each Guarantor hereby acknowledges that (i) the Debenture Trustees act for and on behalf of each of the Holders as agents in connection with this Indenture and the Notes Debentures and (ii) the Note Debenture Guarantees granted in favour of the Debenture Trustees and each of the Holders hereunder are and shall be held by the Debenture Trustees for the benefit of the Holders and the Debenture Trustees.