Common use of Provision of Guarantees and Suretyships Clause in Contracts

Provision of Guarantees and Suretyships. The Guarantor is not entitled to act as a guarantor or surety for the obligations of any person without the prior written consent of the Credit Agent and undertakes to ensure that any of its Subsidiaries does not act as a guarantor or surety for the obligations of any person without the prior written consent of the Credit Agent; and

Appears in 3 contracts

Samples: Syndicated Loan Agreement (HeadHunter Group PLC), Syndicated Loan Agreement (HeadHunter Group PLC), Syndicated Loan Agreement (Zemenik Trading LTD)

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Provision of Guarantees and Suretyships. (i) The Guarantor is not entitled to act as a guarantor or surety for the obligations of any person without the prior written consent of the Credit Agent and undertakes to ensure that any of its Subsidiaries does not act as a guarantor or surety for the obligations of any person without the prior written consent of the Credit Agent; and (ii) The provisions of Clause (i) above do not apply when such guarantee or suretyship secures the performance of the obligations of another member of the Group:

Appears in 2 contracts

Samples: Syndicated Loan Agreement (HeadHunter Group PLC), Syndicated Loan Agreement (HeadHunter Group PLC)

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Provision of Guarantees and Suretyships. The Guarantor is shall not be entitled to and shall cause any of its Subsidiaries not to act as a guarantor or surety for in respect of the obligations of any person without the a prior written consent of the Credit Agent and undertakes to ensure that any of its Subsidiaries does not act as a guarantor or surety for the obligations of any person without the prior written consent of the Credit AgentFacility Manager; and

Appears in 1 contract

Samples: Amendment Agreement No. 5 to Syndicated Facility Agreement (HeadHunter Group PLC)

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