Common use of Guarantor Revocation Clause in Contracts

Guarantor Revocation. Any guarantor of the Obligations shall terminate or revoke any of its obligations under the applicable guarantee agreement or breach any of the terms of such guarantee agreement.

Appears in 6 contracts

Samples: Credit Agreement (SCP Pool Corp), Credit Agreement (American Medserve Corp), Credit Agreement (Gfsi Inc)

AutoNDA by SimpleDocs

Guarantor Revocation. Any guarantor of the Obligations shall terminate or revoke any of its obligations under the applicable guarantee agreement Guaranty or breach any of the material terms of such guarantee agreementGuaranty.

Appears in 6 contracts

Samples: Revolving Credit Agreement (Johnson Outdoors Inc), Credit Agreement (Thomas Industries Inc), Revolving Credit Agreement (Johnson Outdoors Inc)

Guarantor Revocation. Any guarantor of the Obligations shall deny, disaffirm, terminate or revoke any of its obligations under the applicable guarantee agreement Guaranty (except in accordance with Section 11.15 hereof) or breach any of the material terms of such guarantee agreementGuaranty.

Appears in 5 contracts

Samples: Day Revolving Credit Agreement (Acuity Brands Inc), Year Revolving Credit Agreement (Acuity Brands Inc), Assignment Agreement (Acuity Brands Inc)

Guarantor Revocation. Any guarantor of the Obligations shall terminate or revoke revoke, or take any action to revoke, any of its duties or obligations under the applicable guarantee agreement Guaranty or breach any of the material terms of such guarantee agreementGuaranty.

Appears in 5 contracts

Samples: Credit Agreement (Alion Science & Technology Corp), Credit Agreement (Alion Science & Technology Corp), Credit Agreement (Alion Science & Technology Corp)

Guarantor Revocation. Any guarantor Guarantor of the Obligations shall terminate or revoke any of its obligations under the applicable guarantee agreement Guaranty or breach any of the material terms of such guarantee agreementGuaranty.

Appears in 4 contracts

Samples: Credit Agreement (Chicago Bridge & Iron Co N V), Credit Agreement (Chicago Bridge & Iron Co N V), Term Loan Agreement (Chicago Bridge & Iron Co N V)

Guarantor Revocation. Any guarantor of the Obligations shall terminate or revoke any of its obligations under the applicable guarantee agreement or breach any of the material terms of such guarantee agreement.

Appears in 2 contracts

Samples: Credit Agreement (Binks Sames Corp), Credit Agreement (Binks Sames Corp)

Guarantor Revocation. Any guarantor of the Obligations shall terminate or revoke any of its obligations under the applicable guarantee agreement Subsidiary Guaranty or breach any of the material terms of such guarantee agreementthe Subsidiary Guaranty.

Appears in 2 contracts

Samples: Credit Agreement (Woodward Governor Co), Credit Agreement (Woodward Governor Co)

Guarantor Revocation. Any guarantor of the Obligations shall terminate or revoke any of its obligations under the applicable guarantee agreement or breach any of the terms of such guarantee agreementGuaranty.

Appears in 2 contracts

Samples: Credit Agreement (Kaydon Corp), Credit Agreement (Kaydon Corp)

Guarantor Revocation. Any guarantor of the Obligations shall terminate or revoke or refuse to perform any of its payment obligations under the applicable guarantee agreement or breach any an Event of the terms of Default (as defined in such guarantee agreement) shall occur.

Appears in 2 contracts

Samples: Credit Agreement (Kansas City Power & Light Co), Credit Agreement (Kansas City Power & Light Co)

Guarantor Revocation. Any guarantor of the Obligations shall terminate or revoke any of its obligations under the applicable guarantee agreement or breach any of the terms of such guarantee agreementSubsidiary Guaranty.

Appears in 2 contracts

Samples: Term Loan Credit Agreement (Woodward, Inc.), Term Loan Credit Agreement (Woodward Governor Co)

Guarantor Revocation. Any guarantor of the Obligations shall deny, disaffirm, terminate or revoke any of its obligations under the applicable guarantee agreement Guaranty (except in accordance with Section 10.15 hereof) or breach any of the material terms of such guarantee agreementGuaranty.

Appears in 1 contract

Samples: Revolving Credit Agreement (Stepan Co)

AutoNDA by SimpleDocs

Guarantor Revocation. Any guarantor of the Obligations shall -------------------- deny, disaffirm, terminate or revoke any of its obligations under the applicable guarantee agreement Guaranty (except in accordance with Section 10.15 hereof) or breach any of the material terms of such guarantee agreementGuaranty.

Appears in 1 contract

Samples: Revolving Credit Agreement (Stepan Co)

Guarantor Revocation. Any guarantor of the Obligations shall terminate or revoke or refuse to perform any of its payment obligations under the applicable guarantee agreement guaranty or breach any of the other terms of such guarantee agreementguaranty.

Appears in 1 contract

Samples: Credit Agreement (Janel Corp)

Guarantor Revocation. Any guarantor of the Guaranteed Obligations shall terminate or revoke any of its obligations under the applicable guarantee agreement Guaranty or breach any of the material terms of such guarantee agreementGuaranty.

Appears in 1 contract

Samples: Credit Agreement (Blueknight Energy Partners, L.P.)

Guarantor Revocation. Any guarantor Other than in connection with the release of the Obligations a Guarantor in connection with a transaction permitted under this Agreement, any Guarantor shall terminate or revoke any of its obligations under the applicable guarantee agreement Guaranty or breach any of the material terms of such guarantee agreementthe Guaranty.

Appears in 1 contract

Samples: Credit Agreement (Catalina Marketing Corp/De)

Guarantor Revocation. Any guarantor of the Obligations shall -------------------- terminate or revoke any of its obligations under the applicable guarantee agreement Guaranty or breach any of the material terms of such guarantee agreementGuaranty.

Appears in 1 contract

Samples: Credit Agreement (Roper Industries Inc /De/)

Guarantor Revocation. Any guarantor of the Obligations Entity Guarantor shall attempt to terminate or revoke any Guaranty of its obligations under the applicable guarantee agreement Obligations or breach any of the terms of such guarantee agreementGuaranty.

Appears in 1 contract

Samples: Credit Agreement (Creative Realities, Inc.)

Guarantor Revocation. Any guarantor of the Obligations shall terminate or revoke any of its obligations under the applicable guarantee agreement a Guaranty (other than as expressly permitted hereunder) or breach any of the material terms of such guarantee agreementits respective Guaranty.

Appears in 1 contract

Samples: Credit Agreement (Arvinmeritor Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!