Release of Guarantee. (a) Concurrently with the payment in full of all of the Guaranteed Obligations, the Guarantors shall be released from and relieved of their obligations under this Article XIV. Upon the delivery by the Company to the Trustee of an Officers’ Certificate and, if requested by the Trustee, an Opinion of Counsel to the effect that the transaction giving rise to the release of such obligations was made by the Company in accordance with the provisions of this Indenture and the Debt Securities, the Trustee shall execute any documents reasonably required in order to evidence the release of the Guarantors from their obligations. If any of the Guaranteed Obligations are revived and reinstated after the termination of this Guarantee, then all of the obligations of the Guarantors under this Guarantee shall be revived and reinstated as if this Guarantee had not been terminated until such time as the Guaranteed Obligations are paid in full, and the Guarantors shall enter into an amendment to this Guarantee, reasonably satisfactory to the Trustee, evidencing such revival and reinstatement.
Appears in 6 contracts
Samples: Indenture, Indenture (Constellation Brands, Inc.), Indenture (Constellation Brands, Inc.)
Release of Guarantee. (a) Concurrently with the payment in full of all of the Guaranteed Obligations, the Guarantors shall be released from and relieved of their obligations under this Article XIV. Upon the delivery by the Company to the Trustee of an Officers’ ' Certificate and, if requested by the Trustee, an Opinion of Counsel to the effect that the transaction giving rise to the release of such obligations was made by the Company in accordance with the provisions of this Indenture and the Debt Securities, the Trustee shall execute any documents reasonably required in order to evidence the release of the Guarantors from their obligations. If any of the Guaranteed Obligations are revived and reinstated after the termination of this Guarantee, then all of the obligations of the Guarantors under this Guarantee shall be revived and reinstated as if this Guarantee had not been terminated until such time as the Guaranteed Obligations are paid in full, and the Guarantors shall enter into an amendment to this Guarantee, reasonably satisfactory to the Trustee, evidencing such revival and reinstatement.
Appears in 5 contracts
Samples: Canandaigua LTD, Constellation Australia Pty LTD, Roberts Trading Corp
Release of Guarantee. (a) Concurrently with the payment in full of all of the Guaranteed Indenture Obligations, the Guarantors shall be released from and relieved of their obligations under this Article XIVThirteen. Upon the delivery by the Company to the Trustee of an Officers’ ' Certificate and, if requested by the Trustee, an Opinion of Counsel to the effect that the transaction giving rise to the release of such obligations this Guarantee was made by the Company in accordance with the provisions of this Indenture and the Debt Securities, the Trustee shall execute any documents reasonably required in order to evidence the release of the Guarantors from their obligationsobligations under this Guarantee. If any of the Guaranteed Indenture Obligations are revived and reinstated after the termination of this Guarantee, then all of the obligations of the Guarantors under this Guarantee shall be revived and reinstated as if this Guarantee had not been terminated until such time as the Guaranteed Indenture Obligations are paid in full, and the Guarantors each Guarantor shall enter into an amendment to this Guarantee, reasonably satisfactory to the Trustee, evidencing such revival and reinstatement. This Guarantee shall terminate with respect to each Guarantor and shall be automatically and unconditionally released and discharged as provided in Section 1013(c).
Appears in 5 contracts
Samples: HBL LLC, Autobahn Inc, Uag Connecticut I LLC
Release of Guarantee. (ai) Concurrently with the payment in full of all of the Guaranteed Indenture Obligations, the Guarantors shall be released from and relieved of their obligations under this Article XIVSection 2. Upon the delivery by the Company to the Trustee of an Officers’ ' Certificate and, if requested by the Trustee, an Opinion of Counsel to the effect that the transaction giving rise to the release of such obligations this Guarantee was made by the Company in accordance with the provisions of this the Indenture and the Debt Securities, the Trustee shall execute any documents reasonably required in order to evidence the release of the Guarantors Guaranteeing Subsidiaries from their obligationsobligations under this Guarantee. If any of the Guaranteed Indenture Obligations are revived and reinstated after the termination of this Guarantee, then all of the obligations of the Guarantors Guaranteeing Subsidiaries under this Guarantee shall be revived and reinstated as if this Guarantee had not been terminated until such time as the Guaranteed Indenture Obligations are paid in full, and the Guarantors each Guaranteeing Subsidiary shall enter into an amendment to this Guarantee, reasonably satisfactory to the Trustee, evidencing such revival and reinstatement.
Appears in 4 contracts
Samples: Third Supplemental Indenture (Sonic Automotive Inc), Supplemental Indenture (Sonic Automotive Inc), First Supplemental Indenture (Sonic Automotive Inc)
Release of Guarantee. (a) Concurrently with the payment in full of all of the Guaranteed Indenture Obligations, the Guarantors shall be released from and relieved of their obligations under this Article XIVThirteen. Upon the delivery by the Company to the Trustee of an Officers’ ' Certificate and, if requested by the Trustee, an Opinion of Counsel to the effect that the transaction giving rise to the release of such obligations this Guarantee was made by the Company in accordance with the provisions of this Indenture and the Debt Securities, the Trustee shall execute any documents reasonably required in order to evidence the release of the Guarantors from their obligationsobligations under this Guarantee. If any of the Guaranteed Indenture Obligations are revived and reinstated after the termination of this Guarantee, then all of the obligations of the Guarantors under this Guarantee shall be revived and reinstated as if this Guarantee had not been terminated until such time as the Guaranteed Indenture Obligations are paid in full, and the Guarantors each Guarantor shall enter into an amendment to this Guarantee, reasonably satisfactory to the Trustee, evidencing such revival and reinstatement. This Guarantee shall terminate with respect to each Guarantor and shall be automatically and unconditionally released and discharged as provided in Section 1019(b) hereof.
Appears in 3 contracts
Samples: 1 (Pci Carolina Inc), First Supplemental Indenture (Styrochem International LTD), Styrochem International Inc
Release of Guarantee. (a) Concurrently with the payment in full of all of the Guaranteed Obligations, the Guarantors shall be released from and relieved of their obligations under this Article XIVThirteen. Upon the delivery by the Company to the Trustee of an Officers’ ' Certificate and, if requested by the Trustee, an Opinion of Counsel to the effect that the transaction giving rise to the release of such obligations was made by the Company in accordance with the provisions of this Indenture and the Debt Securities, the Trustee shall execute any documents reasonably required in order to evidence the release of the Guarantors from their obligations. If any of the Guaranteed Obligations are revived and reinstated after the termination of this Guarantee, then all of the obligations of the Guarantors under this Guarantee shall be revived and reinstated as if this Guarantee had not been terminated until such time as the Guaranteed Obligations are paid in full, and the Guarantors shall enter into an amendment to this Guarantee, reasonably satisfactory to the Trustee, evidencing such revival and reinstatement.
Appears in 2 contracts
Samples: Tyco International LTD /Ber/, Tyco International LTD /Ber/
Release of Guarantee. (a) Concurrently with the payment in full of all of the Guaranteed Obligations, the Guarantors shall be released from and relieved of their obligations under this Article XIVTwelve. Upon the delivery by the Company to the Trustee of an Officers’ ' Certificate and, if requested by the Trustee, an Opinion of Counsel to the effect that the transaction giving rise to the release of such obligations was made by the Company in accordance with the provisions of this Indenture and the Debt Securities, the Trustee shall execute any documents reasonably required in order to evidence the release of the Guarantors from their obligations. If any of the Guaranteed Obligations are revived and reinstated after the termination of this Guarantee, then all of the obligations of the Guarantors under this Guarantee shall be revived and reinstated as if this Guarantee had not been terminated until such time as the Guaranteed Obligations are paid in full, and the Guarantors shall enter into an amendment to this Guarantee, reasonably satisfactory to the Trustee, evidencing such revival and reinstatement.
Appears in 2 contracts
Samples: Tyco International LTD /Ber/, Tyco International LTD /Ber/
Release of Guarantee. (a) Concurrently with the payment in full of all of the Guaranteed Indenture Obligations, the Guarantors shall be released from and relieved of their obligations under this Article XIVFourteen. Upon the delivery by the Company to the Trustee of an Officers’ Officer’s Certificate and, if requested by the Trustee, an Opinion of Counsel to the effect that the transaction giving rise to the release of such obligations this Guarantee was made by the Company in accordance with the provisions of this Indenture and the Debt Securities, the Trustee shall execute any documents reasonably required in order to evidence the release of the Guarantors from their obligationsobligations under this Guarantee. If any of the Guaranteed Indenture Obligations are revived and reinstated after the termination of this Guarantee, then all of the obligations of the Guarantors under this Guarantee shall be revived and reinstated as if this Guarantee had not been terminated until such time as the Guaranteed Indenture Obligations are paid in full, and the Guarantors each Guarantor shall enter into an amendment to this Guarantee, reasonably satisfactory to the Trustee, evidencing such revival and reinstatement. This Guarantee shall terminate with respect to each Guarantor and shall be automatically and unconditionally released and discharged as provided in Section 1014(c).
Appears in 2 contracts
Samples: Indenture (Sinclair Broadcast Group Inc), Lease Agreement (Sinclair Broadcast Group Inc)
Release of Guarantee. (a) Concurrently with the payment in full of all of the Guaranteed Indenture Obligations, then the Guarantors Guarantor shall be released from and relieved of their its obligations under this Article XIVThirteen. Upon the delivery by the Company Issuer to the Trustee of an Officers’ ' Certificate and, if requested by the Trustee, an Opinion of Counsel to the effect that the transaction giving rise to the release of such obligations this Guarantee was made by the Company Issuer in accordance with the provisions of this Indenture and the Debt SecuritiesNotes, the Trustee shall execute any documents reasonably required in order to evidence the release of the Guarantors Guarantor from their obligationsits obligations under this Guarantee. If any of the Guaranteed Indenture Obligations are revived and reinstated after the termination of this Guarantee, then all of the obligations of the Guarantors Guarantor under this Guarantee shall be revived and reinstated as if this Guarantee had not been terminated until such time as the Guaranteed Indenture Obligations are paid in full, and the Guarantors Guarantor shall enter into an amendment to this Guarantee, reasonably satisfactory to the Trustee, evidencing such revival and reinstatement.
Appears in 2 contracts
Samples: Indenture (Aerial Communications Inc), Indenture (American Portable Telecom Inc)
Release of Guarantee. (a) Concurrently with the payment in full of all of the Guaranteed Indenture Obligations, the Guarantors shall be released from and relieved of their obligations under this Article XIVThirteen. Upon the delivery by the Company to the Trustee of an Officers’ ' Certificate and, if requested by the Trustee, an Opinion of Counsel to the effect that the transaction giving rise to the release of such obligations this Guarantee was made by the Company in accordance with the provisions of this Indenture and the Debt Securities, the Trustee shall execute any documents reasonably required in order to evidence the release of the Guarantors from their obligationsobligations under this Guarantee. If any of the Guaranteed Indenture Obligations are revived and reinstated after the termination of this Guarantee, then all of the obligations of the Guarantors under this Guarantee shall be revived and reinstated as if this Guarantee had not been terminated until such time as the Guaranteed Indenture Obligations are paid in full, and the Guarantors each Guarantor shall enter into an amendment to this Guarantee, reasonably satisfactory to the Trustee, evidencing such revival and reinstatement. This Guarantee shall terminate with respect to each Guarantor and shall be automatically and unconditionally released and discharged as provided in Section 1013(b).
Appears in 2 contracts
Samples: Indenture (Sonic Automotive Inc), Oxford Industries Inc
Release of Guarantee. (a) Concurrently with the payment in full of all of the Guaranteed Indenture Obligations, the Guarantors shall be released from and relieved of their obligations under this Article XIVFourteen. Upon the delivery by the Company to the Trustee of an Officers’ Officer’s Certificate and, if requested by the Trustee, an Opinion of Counsel to the effect that the transaction giving rise to the release of such obligations this Guarantee was made by the Company in accordance with the provisions of this Indenture and the Debt Securities, the Trustee shall execute any documents reasonably required in order to evidence the release of the Guarantors from their obligationsobligations under this Guarantee. If any of the Guaranteed Indenture Obligations are revived and reinstated after the termination of this Guarantee, then all of the obligations of the Guarantors under this Guarantee shall be revived and reinstated as if this Guarantee had not been terminated until such time as the Guaranteed Indenture Obligations are paid in full, and the Guarantors each Guarantor shall enter into an amendment to this Guarantee, reasonably satisfactory to the Trustee, evidencing such revival and reinstatement. This Guarantee shall terminate with respect to each Guarantor and shall be automatically and unconditionally released and discharged under any circumstances set forth pursuant to Section 301.
Appears in 2 contracts
Samples: Subordinated Indenture (Wsyt Licensee L P), Trustreet Properties Inc
Release of Guarantee. (a) Concurrently with the payment in full of all of the Guaranteed Indenture Obligations, the Guarantors shall be released from and relieved of their obligations under this Article XIVTen. Upon the delivery by the Company to the Trustee of an Officers’ Officer's Certificate and, if requested by the Trustee, an Opinion of Counsel to the effect that the transaction giving rise to the release of such obligations this Guarantee was made by the Company in accordance with the provisions of this Supplemental Indenture and the Debt SecuritiesIndenture and the Notes, the Trustee shall execute any documents reasonably required in order to evidence the release of the Guarantors from their obligationsobligations under this Guarantee. If any of the Guaranteed Indenture Obligations are revived and reinstated after the termination of this Guarantee, then all of the obligations of the Guarantors under this Guarantee shall be revived and reinstated as if this Guarantee had not been terminated until such time as the Guaranteed Indenture Obligations are paid in full, and the Guarantors each Guarantor shall enter into an amendment to this Guarantee, reasonably satisfactory to the Trustee, evidencing such revival and reinstatement. This Guarantee shall terminate with respect to each Guarantor and shall be automatically and unconditionally released and discharged as provided in Section 4.15.
Appears in 2 contracts
Samples: Candanaigua B V, Mt Veeder Corp
Release of Guarantee. (a) Concurrently with the payment in full of all of the Guaranteed Indenture Obligations, the Guarantors shall be released from and relieved of their obligations under this Article XIVTen. Upon the delivery by the Company to the Trustee of an Officers’ Officer's Certificate and, if requested by the Trustee, an Opinion of Counsel to the effect that the transaction giving rise to the release of such obligations this Guarantee was made by the Company in accordance with the provisions of this Supplemental Indenture and the Debt SecuritiesNotes, the Trustee shall execute any documents reasonably required in order to evidence the release of the Guarantors from their obligationsobligations under this Guarantee. If any of the Guaranteed Indenture Obligations are revived and reinstated after the termination of this Guarantee, then all of the obligations of the Guarantors under this Guarantee shall be revived and reinstated as if this Guarantee had not been terminated until such time as the Guaranteed Indenture Obligations are paid in full, and the Guarantors each Guarantor shall enter into an amendment to this Guarantee, reasonably satisfactory to the Trustee, evidencing such revival and reinstatement. This Guarantee shall terminate with respect to each Guarantor and shall be automatically and unconditionally released and discharged as provided in Section 3.10.
Appears in 1 contract
Samples: Canandaigua LTD
Release of Guarantee. (a) Concurrently with the payment in full of all of the Guaranteed Indenture Obligations, the Guarantors shall be released from and relieved of their obligations under this Article XIVTwelve. The Guarantee may also be released in accordance with Article Eight or Section 1013(c). Upon the delivery by the Company Issuer to the Trustee of an Officers’ ' Certificate and, if requested by the Trustee, and an Opinion of Counsel to the effect that the payment or transaction giving rise to the release of such obligations this Guarantee was made by the Company Issuer in accordance with the provisions of this Indenture and the Debt Securities, the Trustee shall execute any documents reasonably required in order to evidence the release of the Guarantors from their obligationsobligations under this Guarantee. If any of the Guaranteed Indenture Obligations are revived and reinstated after the termination of this Guarantee, then all of the obligations of the Guarantors under this Guarantee shall be revived and reinstated as if this Guarantee had not been terminated until such time as the Guaranteed Indenture Obligations are paid in full, and the Guarantors each Guarantor shall enter into an amendment to this Guarantee, reasonably satisfactory to the Trustee, Guarantee evidencing such revival and reinstatement.
Appears in 1 contract
Samples: Intercompany Loan Agreement (Lucite International Finance PLC)
Release of Guarantee. (a) Concurrently with the payment in full of all of the Guaranteed Indenture Obligations, the Guarantors then Factors shall be released from and relieved of their its obligations under this Article XIVGuarantee. Upon the delivery by the Company to the Trustee of an Officers’ ' Certificate and, if reasonably requested by the Trustee, an Opinion of Counsel to the effect that the transaction giving rise to the release of such obligations this Guarantee was made by the Company in accordance with the provisions of this Indenture and the Debt Securities, the Trustee shall execute any documents reasonably required in order to evidence the release of the Guarantors Factors from their obligationsits obligations under this Guarantee. If any of the Guaranteed Indenture Obligations are revived and reinstated after the termination of this Guarantee, then all of the obligations of the Guarantors Factors under this Guarantee shall be revived and reinstated as if this Guarantee had not been terminated until such time as the Guaranteed Indenture Obligations are paid in full, and the Guarantors Factors shall enter into an amendment to this Guarantee, reasonably satisfactory to the Trustee, evidencing such revival and reinstatement.
Appears in 1 contract
Release of Guarantee. (a) Concurrently with the payment in full of all of the Guaranteed Obligations, the Guarantors shall be released from and relieved of their obligations under this Article XIVFourteen. Upon the delivery by the Company to the Trustee of an a Company Officers’ Certificate and, if requested by the Trustee, an Opinion of Counsel to the effect that the transaction giving rise to the release of such obligations was made by the Company in accordance with the provisions of this Indenture and the Debt Securities, the Trustee shall execute any documents reasonably required in order to evidence the release of the Guarantors from their obligations. If any of the Guaranteed Obligations are revived and reinstated after the termination of this Guarantee, then all of the obligations of the Guarantors under this Guarantee shall be revived and reinstated as if this Guarantee had not been terminated until such time as the Guaranteed Obligations are paid in full, and the Guarantors shall enter into an amendment to this Guarantee, reasonably satisfactory to the Trustee, evidencing such revival and reinstatement.. ARTICLE FIFTEEN SECURITIES IN FOREIGN CURRENCIES
Appears in 1 contract
Samples: Indenture (Harley Davidson Inc)
Release of Guarantee. (a) Concurrently with the payment in full -------------------- of all of the Guaranteed Indenture Obligations, the Guarantors then RBC shall be released from and relieved of their its obligations under this Article XIVGuarantee. Upon the delivery by the Company to the Trustee of an Officers’ ' Certificate and, if reasonably requested by the Trustee, an Opinion of Counsel to the effect that the transaction giving rise to the release of such obligations this Guarantee was made by the Company in accordance with the provisions of this Indenture and the Debt Securities, the Trustee shall execute any documents reasonably required in order to evidence the release of the Guarantors RBC from their obligationsits obligations under this Guarantee. If any of the Guaranteed Indenture Obligations are revived and reinstated after the termination of this Guarantee, then all of the obligations of the Guarantors RBC under this Guarantee shall be revived and reinstated as if this Guarantee had not been terminated until such time as the Guaranteed Indenture Obligations are paid in full, and the Guarantors RBC shall enter into an amendment to this Guarantee, reasonably satisfactory to the Trustee, evidencing such revival and reinstatement.
Appears in 1 contract
Release of Guarantee. (a) Concurrently with the payment in full of all of the Guaranteed Indenture Obligations, the Guarantors shall be released from and relieved of their obligations under this Article XIVFourteen. Upon the delivery by the Company to the Trustee of an Officers’ ' Certificate and, if requested by the Trustee, an Opinion of Counsel to the effect that the transaction giving rise to the release of such obligations this Guarantee was made by the Company in accordance with the provisions of this Indenture and the Debt Securities, the Trustee shall execute any documents reasonably required in order to evidence the release of the Guarantors from their obligationsobligations under this Guarantee. If any of the Guaranteed Indenture Obligations are revived and reinstated after the termination of this Guarantee, then all of the obligations of the Guarantors under this Guarantee shall be revived and reinstated as if this Guarantee had not been terminated until such time as the Guaranteed Indenture Obligations are paid in full, and the Guarantors each Guarantor shall enter into an amendment to this Guarantee, reasonably satisfactory to the Trustee, evidencing such revival and reinstatement. This Guarantee shall terminate with respect to each Guarantor and shall be automatically and unconditionally released and discharged as provided in Section 1015(c).
Appears in 1 contract
Samples: Jo-Ann Stores Inc
Release of Guarantee. (a) Concurrently with the -------------------- payment in full of all of the Guaranteed ObligationsSecurities, the Guarantors shall be released from and relieved of their obligations under this Article XIVTwelve. Upon the delivery by the Company to the Trustee of an Officers’ ' Certificate and, if requested by the Trustee, an Opinion of Counsel to the effect that the transaction giving rise to the release of such obligations was made by the Company in accordance with the provisions of this Indenture and the Debt SecuritiesIndenture, the Trustee shall execute any documents reasonably required in order to evidence the release of the Guarantors from their obligations. If any of the Guaranteed Obligations are revived and reinstated after the termination of this Guarantee, then all of the obligations of the Guarantors under this Guarantee shall be revived and reinstated as if this Guarantee had not been terminated until such time as the Guaranteed Obligations are paid in fullagain terminated, and the Guarantors shall enter into an amendment to this Guarantee, reasonably satisfactory to the Trustee, evidencing such revival and reinstatement.
Appears in 1 contract
Samples: NVR Inc
Release of Guarantee. (a) Concurrently with the payment in full of all of the Guaranteed Obligations, the Guarantors Guarantor shall be released from and relieved of their its obligations under this Article XIVFourteen. Upon the delivery by the Company to the Trustee of an a Company Officers’ Certificate and, if requested by the Trustee, an Opinion of Counsel to the effect that the transaction giving rise to the release of such obligations was made by the Company in accordance with the provisions of this Indenture and the Debt Securities, the Trustee shall execute any documents reasonably required in order to evidence the release of the Guarantors Guarantor from their its obligations. If any of the Guaranteed Obligations are revived and reinstated after the termination of this Guarantee, then all of the obligations of the Guarantors Guarantor under this Guarantee shall be revived and reinstated as if this Guarantee had not been terminated until such time as the Guaranteed Obligations are paid in full, and the Guarantors Guarantor shall enter into an amendment to this Guarantee, reasonably satisfactory to the Trustee, evidencing such revival and reinstatement.
Appears in 1 contract
Samples: Indenture (Harley Davidson Inc)
Release of Guarantee. (a) Concurrently with the payment in full of all of the Guaranteed Indenture Obligations, the Guarantors shall be released from and relieved of their obligations under this Article XIVThirteen. Upon the delivery by the Company to the Trustee of an Officers’ Certificate and, if requested by the Trustee, an Opinion of Counsel to the effect that the transaction giving rise to the release of such obligations this Guarantee was made by the Company in accordance with the provisions of this Indenture and the Debt Securities, the Trustee shall execute any documents reasonably required in order to evidence the release of the Guarantors from their obligationsobligations under this Guarantee. If any of the Guaranteed Indenture Obligations are revived and reinstated after the termination of this Guarantee, then all of the obligations of the Guarantors under this Guarantee shall be revived and reinstated as if this Guarantee had not been terminated until such time as the Guaranteed Indenture Obligations are paid in full, and the Guarantors each Guarantor shall enter into an amendment to this Guarantee, reasonably satisfactory to the Trustee, evidencing such revival and reinstatement. This Guarantee shall terminate with respect to each Guarantor and shall be automatically and unconditionally released and discharged as provided in Section 1013(c).
Appears in 1 contract
Release of Guarantee. (a1) Concurrently with the payment in full of all of the Guaranteed Obligations, the Guarantors shall be released from and relieved of their obligations under this Article XIVSixteen. Upon the delivery by the Company to the Trustee of an Officers’ ' Certificate and, if requested by the Trustee, an Opinion of Counsel to the effect that the transaction giving rise to the release of such obligations was made by the Company in accordance with the provisions of this Indenture and the Debt Securities, the Trustee shall execute any documents reasonably required in order to evidence the release of the Guarantors from their obligations. If any of the Guaranteed Obligations are revived and reinstated after the termination of this Guarantee, then all of the obligations of the Guarantors under this Guarantee shall be revived and reinstated as if this Guarantee had not been terminated until such time as the Guaranteed Obligations are paid in full, and the Guarantors shall enter into an amendment to this Guarantee, reasonably satisfactory to the Trustee, evidencing such revival and reinstatement.
Appears in 1 contract
Samples: Indenture (Cintas Corp)
Release of Guarantee. (a) Concurrently with the payment in full of all of the Guaranteed Indenture Obligations, the Guarantors shall be released from and relieved of their obligations under this Article XIVFourteen. Upon the delivery by the Company to the Trustee of an Officers’ Officer's Certificate and, if requested by the Trustee, an Opinion of Counsel to the effect that the transaction giving rise to the release of such obligations this Guarantee was made by the Company in accordance with the provisions of this Indenture and the Debt Securities, the Trustee shall execute any documents reasonably required in order to evidence the release of the Guarantors from their obligationsobligations under this Guarantee. If any of the Guaranteed Indenture Obligations are revived and reinstated after the termination of this Guarantee, then all of the obligations of the Guarantors under this Guarantee shall be revived and reinstated as if this Guarantee had not been terminated until such time as the Guaranteed Indenture Obligations are paid in full, and the Guarantors each Guarantor shall enter into an amendment to this Guarantee, reasonably satisfactory to the Trustee, evidencing such revival and reinstatement. This Guarantee shall terminate with respect to each Guarantor and shall be automatically and unconditionally released and discharged as provided in Section 1014(c).
Appears in 1 contract
Samples: Viking Distillery Inc
Release of Guarantee. (a) Concurrently with the payment in full of all of the Guaranteed Indenture Obligations, the Guarantors shall be released from and relieved of their obligations under this Article XIVFourteen. Upon the delivery by the Company Issuers to the Trustee of an Officers’ ' Certificate and, if requested by the Trustee, an Opinion of Counsel to the effect that the transaction giving rise to the release of such obligations this Guarantee was made by the Company Issuers in accordance with the provisions of this Indenture and the Debt Securities, the Trustee shall execute any documents reasonably required in order to evidence the release of the Guarantors from their obligationsobligations under this Guarantee. If any of the Guaranteed Indenture Obligations are revived and reinstated after the termination of this Guarantee, then all of the obligations of the Guarantors under this Guarantee shall be revived and reinstated as if this Guarantee had not been terminated until such time as the Guaranteed Indenture Obligations are paid in full, and the Guarantors each This Guarantee shall enter into an amendment terminate with respect to this Guarantee, reasonably satisfactory to the Trustee, evidencing such revival each Guarantor and reinstatementshall be automatically and unconditionally released and discharged as provided in Section 1015(c).
Appears in 1 contract
Samples: Lower Road Associates LLC
Release of Guarantee. (a) Concurrently with the payment in full of all of the Guaranteed Indenture Obligations, the Guarantors shall be released from and relieved of their obligations under this Article XIVTwelve. Upon the delivery by the Company to the Trustee of an Officers’ Certificate and, if requested by the Trustee, an Opinion of Counsel to the effect that the transaction giving rise to the release of such obligations this Guarantee was made by the Company in accordance with the provisions of this Indenture and the Debt Securities, the Trustee shall execute any documents reasonably required in order to evidence the release of the Guarantors from their obligationsobligations under this Guarantee. If any of the Guaranteed Indenture Obligations are revived and reinstated after the termination of this Guarantee, then all of the obligations of the Guarantors under this Guarantee shall be revived and reinstated as if this Guarantee had not been terminated until such time as the Guaranteed Indenture Obligations are paid in full, and the Guarantors each Guarantor shall enter into an amendment to this Guarantee, reasonably satisfactory to the Trustee, evidencing such revival and reinstatement. This Guarantee shall terminate with respect to each Guarantor and shall be automatically and unconditionally released and discharged as provided in Section 913(c).
Appears in 1 contract
Samples: Indenture (Sai Tn Hc2, LLC)
Release of Guarantee. (a) Concurrently with the payment in full of all of the Guaranteed Indenture Obligations, the Guarantors shall be released from and relieved of their obligations under this Article XIVFourteen. Upon the delivery by the Company to the Trustee of an Officers’ ' Certificate and, if requested by the Trustee, an Opinion of Counsel to the effect that the transaction giving rise to the release of such obligations this Guarantee was made by the Company in accordance with the provisions of this Indenture and the Debt Securities, the Trustee shall execute any documents reasonably required in order to evidence the release of the Guarantors from their obligationsobligations under this Guarantee. If any of the Guaranteed Indenture Obligations are revived and reinstated after the termination of this Guarantee, then all of the obligations of the Guarantors under this Guarantee shall be revived and reinstated as if this Guarantee had not been terminated until such time as the Guaranteed Indenture Obligations are paid in full, and the Guarantors each Guarantor shall enter into an amendment to this Guarantee, reasonably satisfactory to the Trustee, evidencing such revival and reinstatement.. This Guarantee shall terminate with respect to each Guarantor and shall be automatically and unconditionally released and discharged as provided in Section 1014(c). 149
Appears in 1 contract
Release of Guarantee. (a) Concurrently with the payment in full of all of the Guaranteed Indenture Obligations, the Guarantors shall be released from and relieved of their obligations under this Article XIVTen. Upon the delivery by the Company to the Trustee of an Officers’ Officer's Certificate and, if requested by the Trustee, an Opinion of Counsel to the effect that the transaction giving rise to the release of such obligations this Guarantee was made by the Company in accordance with the provisions of this Supplemental Indenture and the Debt SecuritiesNotes, the Trustee shall execute any documents reasonably required in order to evidence the release of the Guarantors from their obligationsobligations under this Guarantee. If any of the Guaranteed Indenture Obligations are revived and reinstated after the termination of this Guarantee, then all of the obligations of the Guarantors under this Guarantee shall be revived and reinstated as if this Guarantee had not been terminated until such time as the Guaranteed In- denture Obligations are paid in full, and the Guarantors each Guarantor shall enter into an amendment to this Guarantee, reasonably satisfactory to the Trustee, evidencing such revival and reinstatement. This Guarantee shall terminate with respect to each Guarantor and shall be automatically and unconditionally released and discharged as provided in Section 3.10.
Appears in 1 contract
Samples: Constellation Brands Inc
Release of Guarantee. (a) Concurrently with the payment in full of all of the Guaranteed Indenture Obligations, the Guarantors shall be released from and relieved of their obligations under this Article XIVThirteen. Upon the delivery by the Company to the Trustee of an Officers’ ' Certificate and, if requested by the Trustee, an Opinion of Counsel to the effect that the transaction 136 148 giving rise to the release of such obligations this Guarantee was made by the Company in accordance with the provisions of this Indenture and the Debt Securities, the Trustee shall execute any documents reasonably required in order to evidence the release of the Guarantors from their obligationsobligations under this Guarantee. If any of the Guaranteed Indenture Obligations are revived and reinstated after the termination of this Guarantee, then all of the obligations of the Guarantors under this Guarantee shall be revived and reinstated as if this Guarantee had not been terminated until such time as the Guaranteed Indenture Obligations are paid in full, and the Guarantors each Guarantor shall enter into an amendment to this Guarantee, reasonably satisfactory to the Trustee, evidencing such revival and reinstatement. This Guarantee shall terminate with respect to each Guarantor and shall be automatically and unconditionally released and discharged as provided in Section 1013(b).
Appears in 1 contract
Samples: Zale Delaware Inc
Release of Guarantee. (a) Concurrently with the payment in full of all of the Guaranteed Indenture Obligations, the Guarantors Guarantor shall be released from and relieved of their its obligations under this Article XIV12. Upon the delivery by the Company to the Trustee of an Officers’ Certificate and, if requested by the Trustee, and an Opinion of Counsel to the effect that the transaction giving rise to the release of such obligations this Guarantee was made by the Company in accordance with the provisions of this Indenture and the Debt Securities, and certifying compliance with this Section 12.14, the Trustee shall execute any documents reasonably required in order to evidence the release of the Guarantors Guarantor from their obligationsits obligations under this Guarantee. If any of the Guaranteed Indenture Obligations are revived and reinstated after the termination of this Guarantee, then all of the obligations of the Guarantors Guarantor under this Guarantee shall be revived and reinstated as if this Guarantee had not been terminated until such time as the Guaranteed Indenture Obligations are paid in full, and the Guarantors Guarantor shall enter into an amendment to this Guarantee, reasonably satisfactory to the Trustee, evidencing such revival and reinstatement.
Appears in 1 contract
Samples: Indenture (Morgans Hotel Group Co.)