Common use of Guaranty Unconditional, etc Clause in Contracts

Guaranty Unconditional, etc. The obligations of Genlyte Group under this section shall be unconditional and absolute and, without limiting the generality of the foregoing, except in the case of payment in full of all Obligations, shall not be released, discharged or otherwise affected by the occurrence, one or more times, of any of the following: (a) any extension, renewal, settlement, compromise, waiver or release in respect to any Guaranteed Obligation of any other Borrower under any agreement or instrument, by operation of law or otherwise; (b) any modification or amendment of or supplement to this Agreement, any Note, any other Credit Document, or any agreement or instrument evidencing or relating to any Guaranteed Obligation; (c) any release, non-perfection or invalidity of any direct or indirect security for any Guaranteed Obligation of any other Borrower or Subsidiary under any agreement or instrument evidencing or relating to any Guaranteed Obligation; (d) any change in the corporate existence, structure or ownership of any other Borrower or any insolvency, bankruptcy, reorganization or other similar proceeding affecting any other Borrower or its assets or any resulting release or discharge of any obligation of any other Borrower contained in any agreement or instrument evidencing or relating to any Guaranteed Obligation; (e) the existence of any claim, set-off or other rights which Genlyte Group may have at any time against any other Borrower or Guarantor, either Administrative Agent, any Letter of Credit Issuer, any Lender, any Affiliate of any Lender or any other Person, whether in connection herewith or any unrelated transactions; (f) any invalidity or unenforceability relating to or against any other Borrower or Guarantor for any reason of any agreement or instrument evidencing or relating to any Guaranteed Obligation, or any provision of applicable law or regulation purporting to prohibit the payment by any other Borrower or Guarantor of any Guaranteed Obligation; or (g) any other act or omission to act or delay of any kind by any other Borrower or Guarantor, either Administrative Agent, any Lender, any of their Affiliates, or any other Person, or any other circumstance whatsoever, which might, but for the provisions of this section, constitute a legal or equitable discharge of Genlyte Group’s obligations under this section.

Guaranty Unconditional, etc. The obligations of Genlyte Group the Company under this section 13 shall be unconditional and absolute and, without limiting the generality of the foregoing, except in the case of payment in full of all Obligations, foregoing shall not be released, discharged or otherwise affected by the occurrence, one or more times, of any of the following: (ai) any extension, renewal, settlement, compromise, waiver or release in respect to any Guaranteed Affiliate Obligation of any other Borrower Credit Party under any agreement or instrument, by operation of law or otherwise; (bii) any modification or amendment of or supplement to this Agreement, any Note, any other Credit Document, or any agreement or instrument evidencing or relating to any Guaranteed Affiliate Obligation; (ciii) any release, non-perfection or invalidity of any direct or indirect security for any Guaranteed Affiliate Obligation of any other Borrower or Subsidiary Credit Party under any agreement or instrument evidencing or relating to any Guaranteed Affiliate Obligation; (div) any change in the corporate existence, structure or ownership of any other Borrower Credit Party or any insolvency, bankruptcy, reorganization or other similar proceeding affecting any other Borrower Credit Party or its assets or any resulting release or discharge of any obligation of any other Borrower Credit Party contained in any agreement or instrument evidencing or relating to any Guaranteed Affiliate Obligation; (ev) the existence of any claim, set-off or other rights which Genlyte Group the Company may have at any time against any other Borrower or Guarantor, either Administrative AgentCredit Party, any Letter of Credit IssuerAgent, any Lender, any Affiliate of any Lender their Affiliates, or any other Personperson, whether in connection herewith or any unrelated transactions; (fvi) any invalidity or unenforceability relating to or against any other Borrower or Guarantor Credit Party for any reason of any agreement or instrument evidencing or relating to any Guaranteed Affiliate Obligation, or any provision of applicable law or regulation purporting to prohibit the payment by any other Borrower or Guarantor Credit Party of any Guaranteed ObligationAffiliate Obligations; or (gvii) any other act or omission to act or delay of any kind by any other Borrower or GuarantorCredit Party, either Administrative any Agent, any Lender, any of their Affiliates, Lender or any other Person, person or any other circumstance whatsoever, whatsoever which might, but for the provisions of this sectionsection 13, constitute a legal or equitable discharge of Genlyte Group’s the Company's obligations under this sectionsection 13.

Guaranty Unconditional, etc. The obligations of Genlyte Group Xxxxxx under this section shall be unconditional and absolute and, without limiting the generality of the foregoing, except in the case of payment in full of all Obligations, shall not be released, discharged or otherwise affected by the occurrence, one or more times, of any of the following: (a) any extension, renewal, settlement, compromise, waiver or release in respect to any Guaranteed Obligation of any other Borrower under any agreement or instrument, by operation of law or otherwise; (b) any modification or amendment of or supplement to this Agreement, any Note, any other Credit Document, or any agreement or instrument evidencing or relating to any Guaranteed Obligation; (c) any release, non-perfection or invalidity of any direct or indirect security for any Guaranteed Obligation of any other Subsidiary of a Borrower or Subsidiary GTG Intangible under any agreement or instrument evidencing or relating to any Guaranteed Obligation; (d) any change in the corporate existence, structure or ownership of any other Borrower or any insolvency, bankruptcy, reorganization or other similar proceeding affecting any other Borrower or its assets or any resulting release or discharge of any obligation of any other Borrower contained in any agreement or instrument evidencing or relating to any Guaranteed Obligation; (e) the existence of any claim, set-off or other rights which Genlyte Group Xxxxxx may have at any time against any other Borrower or Guarantor, either Administrative Agent, any Letter of Credit Issuer, any Lender, any Affiliate of any Lender or any other Person, whether in connection herewith or any unrelated transactions; (f) any invalidity or unenforceability relating to or against any other Borrower or Guarantor for any reason of any agreement or instrument evidencing or relating to any Guaranteed Obligation, or any provision of applicable law or regulation purporting to prohibit the payment by any other Borrower or Guarantor of any Guaranteed Obligation; or (g) any other act or omission to act or delay of any kind by any other Borrower or Guarantor, either Administrative Agent, any Lender, any of their Affiliates, or any other Person, or any other circumstance whatsoever, which might, but for the provisions of this section, constitute a legal or equitable discharge of Genlyte Group’s Xxxxxx’ obligations under this section.

Guaranty Unconditional, etc. The obligations of Genlyte Group the Company under this section shall be unconditional and absolute and, without limiting the generality of the foregoing, except in the case of payment in full of all Obligations, foregoing shall not be released, discharged or otherwise affected by the occurrence, one or more times, of any of the following: (ai) any extension, renewal, settlement, compromise, waiver or release in respect to any Guaranteed Obligation of any other Borrower under any agreement or instrument, by operation of law or otherwise; (bii) any modification or amendment of or supplement to this Agreement, any Note, any other Credit Document, or any agreement or instrument evidencing or relating to any Guaranteed Obligation; (ciii) any release, non-perfection or invalidity of any direct or indirect security for any Guaranteed Obligation of any other Borrower or Subsidiary under any agreement or instrument evidencing or relating to any Guaranteed Obligation; (div) any change in the corporate existence, structure or ownership of any other Borrower or any insolvency, bankruptcy, reorganization or other similar proceeding affecting any other Borrower or its assets or any resulting release or discharge of any obligation of any other Borrower contained in any agreement or instrument evidencing or relating to any Guaranteed Obligation; (ev) the existence of any claim, set-off or other rights which Genlyte Group the Company may have at any time against any other Borrower or GuarantorBorrower, either the Administrative Agent, any Letter of Credit Issuer, any Lender, any Affiliate of any Lender or any other Personperson, whether in connection herewith or any unrelated transactions; (fvi) any invalidity or unenforceability relating to or against any other Borrower or Guarantor for any reason of any agreement or instrument evidencing or relating to any Guaranteed Obligation, or any provision of applicable law or regulation purporting to prohibit the payment by any other Borrower or Guarantor of any Guaranteed Obligation; or (gvii) any other act or omission to act or delay of any kind by any other Borrower or GuarantorBorrower, either the Administrative Agent, any Lender, any of their Affiliates, or any other Personperson, or any other circumstance whatsoever, which might, but for the provisions of this section, constitute a legal or equitable discharge of Genlyte Group’s the Company's obligations under this section.

Guaranty Unconditional, etc. The obligations of Genlyte Group the Borrower under this section shall be unconditional and absolute and, without limiting the generality of the foregoing, except in the case of payment in full of all Obligations, foregoing shall not be released, discharged or otherwise affected by the occurrence, one or more times, of any of the following: (ai) any extension, renewal, settlement, compromise, waiver or release in respect to any Guaranteed Obligation of any other Borrower Foreign Subsidiary under any agreement or instrument, by operation of law or otherwise; (bii) any modification or amendment of or supplement to this Agreement, any Note, any other Credit Document, or any agreement or instrument evidencing or relating to any Guaranteed Obligation; (ciii) any release, non-perfection or invalidity of any direct or indirect security for any Guaranteed Obligation of any other Borrower or Foreign Subsidiary under any agreement or instrument evidencing or relating to any Guaranteed Obligation; (div) any change in the corporate existence, structure or ownership of any other Borrower Foreign Subsidiary or any insolvency, bankruptcy, reorganization or other similar proceeding affecting any other Borrower Foreign Subsidiary or its assets or any resulting release or discharge of any obligation of any other Borrower Foreign Subsidiary contained in any agreement or instrument evidencing or relating to any Guaranteed Obligation; (ev) the existence of any claim, set-off or other rights which Genlyte Group the Borrower may have at any time against any other Borrower or GuarantorForeign Subsidiary, either the Administrative Agent, any Letter of Credit Issuer, any Lender, any Affiliate of any Lender or any other Personperson, whether in connection herewith or any unrelated transactions; (fvi) any invalidity or unenforceability relating to or against any other Borrower or Guarantor Foreign Subsidiary for any reason of any agreement or instrument evidencing or relating to any Guaranteed Obligation, or any provision of applicable law or regulation purporting to prohibit the payment by any other Borrower or Guarantor Foreign Subsidiary of any Guaranteed ObligationObligations; or (gvii) any other act or omission to act or delay of any kind by any other Borrower or GuarantorForeign Subsidiary, either the Administrative Agent, any Lender, any of their Affiliates, Lender or any other Person, person or any other circumstance whatsoever, whatsoever which might, but for the provisions of this section, constitute a legal or equitable discharge of Genlyte Group’s the Borrower's obligations under this section.

Guaranty Unconditional, etc. The obligations of Genlyte Group the Company under this section 12 shall be unconditional and absolute and, without limiting the generality of the foregoing, except in the case of payment in full of all Obligations, foregoing shall not be released, discharged or otherwise affected by the occurrence, one or more times, of any of the following: (ai) any extension, renewal, settlement, compromise, waiver or release in respect to any Guaranteed Affiliate Obligation of any other Borrower Credit Party under any agreement or instrument, by operation of law or otherwise; (bii) any modification or amendment of or supplement to this Agreement, any Note, any other Credit Document, or any agreement or instrument evidencing or relating to any Guaranteed Affiliate Obligation; (ciii) any release, non-perfection or invalidity of any direct or indirect security for any Guaranteed Affiliate Obligation of any other Borrower or Subsidiary Credit Party under any agreement or instrument evidencing or relating to any Guaranteed Affiliate Obligation; (div) any change in the corporate existence, structure or ownership of any other Borrower Credit Party or any insolvency, bankruptcy, reorganization or other similar proceeding affecting any other Borrower Credit Party or its assets or any resulting release or discharge of any obligation of any other Borrower Credit Party contained in any agreement or instrument evidencing or relating to any Guaranteed Affiliate Obligation; (ev) the existence of any claim, set-off or other rights which Genlyte Group the Company may have at any time against any other Borrower or Guarantor, either Administrative AgentCredit Party, any Letter of Credit IssuerAgent, any Lender, any Affiliate of any Lender their Affiliates, or any other Personperson, whether in connection herewith or any unrelated transactions; (fvi) any invalidity or unenforceability relating to or against any other Borrower or Guarantor Credit Party for any reason of any agreement or instrument evidencing or relating to any Guaranteed Affiliate Obligation, or any provision of applicable law or regulation purporting to prohibit the payment by any other Borrower or Guarantor Credit Party of any Guaranteed ObligationAffiliate Obligations; or (gvii) any other act or omission to act or delay of any kind by any other Borrower or GuarantorCredit Party, either Administrative any Agent, any Lender, any of their Affiliates, Lender or any other Person, person or any other circumstance whatsoever, whatsoever which might, but for the provisions of this sectionsection 12, constitute a legal or equitable discharge of Genlyte Group’s the Company's obligations under this sectionsection 12.

Guaranty Unconditional, etc. The obligations of Genlyte Group the Company under this section shall be unconditional and absolute and, without limiting the generality of the foregoing, except in the case of payment in full of all Obligations, shall not be released, discharged or otherwise affected by the occurrence, one or more times, of any of the following: (ai) any extension, renewal, settlement, compromise, waiver or release in respect to any Guaranteed Obligation of any other Borrower Borrowing Subsidiary under any agreement or instrument, by operation of law or otherwise; (bii) any modification or amendment of or supplement to this Agreement, any Note, any other Credit Document, or any agreement or instrument evidencing or relating to any Guaranteed Obligation; (ciii) any release, non-perfection or invalidity of any direct or indirect security for any Guaranteed Obligation of any other Borrower or Borrowing Subsidiary under any agreement or instrument evidencing or relating to any Guaranteed Obligation; (div) any change in the corporate existence, structure or ownership of any other Borrower Borrowing Subsidiary or any insolvency, bankruptcy, reorganization or other similar proceeding affecting any other Borrower Borrowing Subsidiary or its assets or any resulting release or discharge of any obligation of any other Borrower Borrowing Subsidiary contained in any agreement or instrument evidencing or relating to any Guaranteed Obligation; (ev) the existence of any claim, set-off or other rights which Genlyte Group the Company may have at any time against any other Borrower or GuarantorSubsidiary, either the Administrative Agent, any Letter of Credit Issuer, any Lender, any Affiliate of any Lender or any other Personperson, whether in connection herewith or any unrelated transactions; (fvi) any invalidity or unenforceability relating to or against any other Borrower or Guarantor Borrowing Subsidiary for any reason of any agreement or instrument evidencing or relating to any Guaranteed Obligation, or any provision of applicable law or regulation purporting to prohibit the payment by any other Borrower or Guarantor Borrowing Subsidiary of any Guaranteed ObligationObligations; or (gvii) any other act or omission to act or delay of any kind by any other Borrower or GuarantorBorrowing Subsidiary, either the Administrative Agent, any Lender, any of their Affiliates, Lender or any other Person, person or any other circumstance whatsoever, whatsoever which might, but for the provisions of this section, constitute a legal or equitable discharge of Genlyte Group’s the Borrower's obligations under this section.