Protection Clause. Whenever herein a representation or warranty is expressed by a Guarantor or, subject to Section 14.1 above, any agreement to do any act or thing is made by a Guarantor, same shall be deemed to be a representation or warranty as to that Guarantor only and not a representation or warranty of any matter or circumstance of any other Guarantor and an agreement as to its conduct and not the conduct of any other Guarantor. Subject to Section 14.1 above, no Guarantor shall be liable for any obligation of any other Guarantor.
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Samples: Loan and Security Agreement (South Texas Supply Company, Inc.), Loan and Security Agreement (McJunkin Red Man Holding Corp)
Protection Clause. Whenever herein a representation or warranty is expressed by a Guarantor or, subject to Section 14.1 13.1 above, any agreement to do any act or thing is made by a Guarantor, same shall be deemed to be a representation or warranty as to that Guarantor only and not a representation or warranty of any matter or circumstance of any other Guarantor and an agreement as to its conduct and not the conduct of any other Guarantor. Subject to Section 14.1 13.1 above, no Guarantor shall be liable for any obligation of any other Guarantor’s Guaranteed Obligations.
Appears in 2 contracts
Samples: Credit Agreement (Gibson Energy ULC), Credit Agreement (Johnstone Tank Trucking Ltd.)
Protection Clause. Whenever herein a representation or warranty is expressed by a Guarantor or, subject to Section 14.1 13.1 above, any agreement to do any act or thing is made by a Guarantor, same shall be deemed to be a representation or warranty as to that Guarantor only and not a representation or warranty of any matter or circumstance of any other Guarantor and an agreement as to its conduct and not the conduct of any other Guarantor. .Subject to Section 14.1 13.1 above, no Guarantor shall be liable for any obligation of any other Guarantor’s Guaranteed Obligations.
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