Common use of Guarantees and Security Clause in Contracts

Guarantees and Security. A waiver of issuance or the release of any Guarantor from any of its obligations under Clause 29 (Guarantee and Indemnity) or a release of any Security under the Security Documents, in each case, other than in accordance with the terms of any Finance Document shall require the prior written consent of affected Lenders whose Available Commitments plus Outstandings amount in aggregate to more than 90 per cent. of the Available Facilities plus aggregate Outstandings.

Appears in 7 contracts

Samples: Senior Facilities Agreement (Virgin Media Inc.), Senior Facilities Agreement (Virgin Media Inc.), Senior Facilities Agreement (Virgin Media Inc.)

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Guarantees and Security. A waiver of issuance or the release of any Guarantor from any of its obligations under Clause 29 30 (Guarantee and Indemnity) or a release of any Security under the Security Documents, in each case, other than in accordance with the terms of this Agreement or a release of all or substantially all of the Collateral subject to any Finance Document Security under the Security Documents other than in accordance with the terms of this Agreement shall require the prior written consent of affected Lenders whose Available Commitments plus Outstandings amount in aggregate to more than 90 per cent. of all the Available Facilities plus aggregate OutstandingsLenders.

Appears in 5 contracts

Samples: Senior Facilities Agreement (Corporate Express N.V.), Senior Facilities Agreement (Buhrmann Nv), Senior Facilities Agreement (Buhrmann Nv)

Guarantees and Security. A waiver of issuance or the release of any Guarantor from any of its obligations under Clause 29 (Guarantee and Indemnity) or a release of any Security under the Security Documents, in each case, other than in accordance with the terms of any Relevant Finance Document shall require the prior written consent of affected Lenders whose Available Commitments plus Outstandings amount in aggregate to more than 90 per cent. of the Available Facilities plus aggregate Outstandings.

Appears in 4 contracts

Samples: Senior Facilities Agreement (VMWH LTD), Senior Facilities Agreement (Virgin Media Inc.), Senior Facilities Agreement (Virgin Media Inc.)

Guarantees and Security. A waiver of issuance or the release of any Guarantor from any of its obligations under Clause 29 30 (Guarantee and Indemnity) or a release of any Security under the Security Documents, in each case, other than in accordance with the terms of any Finance Document shall require the prior written consent of affected Lenders whose Available Commitments plus Outstandings amount in aggregate to more than 90 per cent. of the Available Facilities plus aggregate Outstandings.

Appears in 2 contracts

Samples: Senior Facilities Agreement (Liberty Global PLC), Senior Facilities Agreement (NTL Inc)

Guarantees and Security. A waiver of issuance or the release of any Guarantor all or substantially all of the Guarantors from any of its their respective obligations under Clause 29 28 (Guarantee and Indemnity) or a release of any all or substantially all of the Security under the Security Documents, in each case, other than in accordance with the terms of any Finance Document shall require the prior written consent of affected Lenders whose Available Commitments plus Outstandings amount in aggregate to more than 90 per cent. of the Available Facilities plus aggregate Outstandings.

Appears in 1 contract

Samples: Senior Facilities Agreement (Telewest Global Inc)

Guarantees and Security. A waiver of issuance or the release of any Guarantor from any of its obligations under Clause 29 25 (Guarantee and Indemnity) or a release of any Security under the Bidco Security Documents, in each case, other than in accordance with the terms of any Finance Document shall require the prior written consent of affected Lenders whose Available Commitments plus Outstandings amount in aggregate to more than 90 per cent. of the Available Facilities plus aggregate Outstandings.

Appears in 1 contract

Samples: Acquisition Facilities Agreement (Liberty Global PLC)

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Guarantees and Security. A waiver of issuance or the release of any Guarantor from any of its obligations under Clause 29 26 (Guarantee and Indemnity) or a release of any Security under the Security Documents, in each case, other than in accordance with the terms of this Agreement or a release of any Encumbrances under the Security Documents other than in accordance with the terms of the Finance Document Documents shall require the prior written consent of affected Lenders whose Available Commitments plus Outstandings amount in aggregate to more than 90 per cent. of all the Available Facilities plus aggregate OutstandingsLenders.

Appears in 1 contract

Samples: Credit Facility Agreement (Ship Finance International LTD)

Guarantees and Security. A waiver of issuance or the release of any Guarantor all or substantially all of the Guarantors from any of its their respective obligations under Clause 29 23 (Guarantee and Indemnity) or a release of any all or substantially all of the Security under the Security Documents, in each case, other than in accordance with the terms of any Finance Document shall require the prior written consent of affected Lenders whose Available Commitments plus Outstandings (as appropriate) amount in aggregate to more than 90 per cent. of the Available Facilities plus Facility or aggregate OutstandingsOutstandings (as appropriate).

Appears in 1 contract

Samples: Second Lien Facility Agreement (Telewest Global Inc)

Guarantees and Security. A waiver of issuance or the release of any Guarantor from any of its obligations under Clause 29 23 (Guarantee and Indemnity) or ), a release of any Security under the Borrower Security Documents, Documents or any change in the nature or scope of the assets subject the of any Security in each case, other than as permitted in accordance with the terms of any Finance Document shall require the prior written consent of affected the Lenders whose Available Commitments plus Outstandings amount in aggregate to more than 90 per cent. of the Available Facilities plus aggregate Outstandings.

Appears in 1 contract

Samples: High Yield Bridge Facilities Agreement (Liberty Global PLC)

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