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 Guaranty or breach any of the material terms of such Guaranty.

Appears in 6 contracts

Samples: Revolving Credit Agreement (Johnson Outdoors Inc), Credit Agreement (Kaydon Corp), Credit Agreement (Kaydon Corp)

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

Appears in 6 contracts

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

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 Guaranty or breach any of the material terms of such Guaranty.

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 of the Obligations shall terminate or revoke any of its obligations under the applicable Guaranty guarantee agreement or breach any of the material terms of such Guarantyguarantee 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 or refuse to perform any of its payment obligations under the applicable Guaranty guarantee agreement or breach any an Event of the material terms of Default (as defined in such Guarantyguarantee 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 or refuse to perform any of its payment obligations under the applicable Guaranty guaranty or breach any of the material other terms of such Guarantyguaranty.

Appears in 1 contract

Samples: Credit Agreement (Janel Corp)

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

Appears in 1 contract

Samples: Credit Agreement (Archibald Candy Corp)

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Guarantor Revocation. Any guarantor of the Obligations shall terminate or revoke or refuse to perform any of its payment obligations under the applicable Guaranty or breach any of the material terms of such Guarantyguarantee agreement.

Appears in 1 contract

Samples: Credit Agreement (Finish Line Inc /In/)

Guarantor Revocation. Any guarantor of the Obligations shall terminate or revoke or refuse to perform any of its payment obligations under the applicable Guaranty guarantee agreement or breach any of the material other terms of such Guarantyguarantee agreement which breach remains unremedied for thirty (30) days.

Appears in 1 contract

Samples: Credit Agreement (Aas Capital Corp)

Guarantor Revocation. Any guarantor of the Obligations shall terminate or revoke or refuse to perform any of its payment obligations under the applicable Guaranty guarantee agreement or breach any of the material other terms of such Guarantyguarantee agreement which breach remains unremedied for five (5) days.

Appears in 1 contract

Samples: Credit Agreement (Finishmaster Inc)

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