Common use of Release of Guarantee Clause in Contracts

Release of Guarantee. The Guarantee shall be automatically and unconditionally released and discharged, and the New Guarantor shall be automatically and unconditionally released and discharged from all of its obligations under the Guarantee and its obligations under the Indenture, without any action by the Corporation, the New Guarantor or the Trustee, upon the occurrence of any of the following:

Appears in 5 contracts

Samples: Supplemental Indenture (Ovintiv Inc.), Third Supplemental Indenture (Ovintiv Inc.), Supplemental Indenture (Ovintiv Inc.)

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Release of Guarantee. (a) The Guarantee shall be automatically and unconditionally released and discharged, and by the New Guarantor will provide by its terms that it shall be automatically and unconditionally released and discharged from all and shall thereupon terminate and be of its obligations under the Guarantee no further force and its obligations under the Indentureeffect, without any and no further action by the CorporationGuarantor, the New Guarantor Issuer or the Trustee, upon Trustee is required for the occurrence of any release of the followingGuarantor’s Guarantee, upon:

Appears in 5 contracts

Samples: Indenture (Alliant Energy Corp), Indenture (Alliant Energy Corp), Indenture (Alliant Energy Corp)

Release of Guarantee. The Guarantee shall be automatically and unconditionally released and discharged, and the New Guarantor shall be automatically and unconditionally released and discharged from all of its obligations under the Guarantee and its obligations under the Indenture, without any action by the Corporation, the New Guarantor or the Trustee, upon the occurrence of any of the following:

Appears in 5 contracts

Samples: Third Supplemental Indenture (Encana Corp), Supplemental Indenture (Encana Corp), Supplemental Indenture (Encana Corp)

Release of Guarantee. The Guarantee of a Guarantor shall terminate, and the Guarantee shall be automatically and unconditionally released and discharged, and the New Guarantor shall be automatically and unconditionally released and discharged from all of its obligations under the Guarantee and its obligations under the Indenture, without any action by the Corporation, the New Guarantor or the Trustee, upon the occurrence of any of the followingupon:

Appears in 3 contracts

Samples: Indenture (MARRIOTT VACATIONS WORLDWIDE Corp), Supplemental Indenture (TripAdvisor, Inc.), Supplemental Indenture (MARRIOTT VACATIONS WORLDWIDE Corp)

Release of Guarantee. The Guarantee by the Guarantor shall be automatically and unconditionally released and discharged, and the New Guarantor shall be automatically and unconditionally released and discharged from all of its obligations under the Guarantee and its obligations under the Indenture, without any no further action by the CorporationGuarantor, the New Guarantor Company, any Holder of Securities or the Trustee, upon Trustee is required for the occurrence of any release of the followingGuarantee, upon:

Appears in 3 contracts

Samples: Supplemental Indenture (Stanley Black & Decker, Inc.), Fourth Supplemental Indenture (Stanley Black & Decker, Inc.), Third Supplemental Indenture (Stanley Black & Decker, Inc.)

Release of Guarantee. The Guarantee shall be automatically and unconditionally released and discharged, and by the New Guarantor shall will be automatically and unconditionally released and discharged with respect to the Securities of any series, and the Guarantor shall be released from all of its obligations obligations, in its capacity as a guarantor, under this Indenture with respect to the Guarantee securities of such Series, and its obligations under the Indenture, without any no further action by the CorporationGuarantor, the New Guarantor Issuer or the Trustee, upon Trustee is required for the occurrence release of the Guarantee with respect to the Securities of any of the followingseries, upon:

Appears in 2 contracts

Samples: BlackRock Inc., BlackRock Inc.

Release of Guarantee. The Guarantee shall be automatically and unconditionally released and discharged, and the New Guarantor shall thereupon terminate and be automatically of no further force and unconditionally released effect, and discharged from all of its obligations under the Guarantee and its obligations under the Indenture, without any no further action by the CorporationGuarantor, the New Guarantor Company or the TrusteeTrustee is required for the release of the Guarantor’s Guarantee, upon the occurrence of any discharge of the following:Company’s obligations under this Indenture in accordance with the terms of this Indenture.

Appears in 2 contracts

Samples: Indenture (Wright Medical Group N.V.), Wright Medical Group Inc

Release of Guarantee. The Guarantee shall be automatically and unconditionally released and discharged, and the New Guarantor shall be automatically and unconditionally released and discharged from all relieved of its any obligations under this Guarantee, in the Guarantee and its obligations under the Indenture, without any action by the Corporation, the New Guarantor or the Trustee, upon the occurrence of any of the followingevent that:

Appears in 1 contract

Samples: Note Purchase Agreement (Leafly Holdings, Inc. /DE)

Release of Guarantee. The Guarantee shall be automatically and unconditionally released and discharged, and by the New Guarantor shall will be automatically and unconditionally released and discharged with respect to the Securities of any series, and the Guarantor shall be released from all of its obligations under this Indenture with respect to the Guarantee securities of such Series, and its obligations under the Indenture, without any no further action by the CorporationGuarantor, the New Guarantor Issuer or the Trustee, upon Trustee is required for the occurrence release of the Guarantee with respect to the Securities of any of the followingseries, upon:

Appears in 1 contract

Samples: Indenture (BlackRock Funding, Inc. /DE)

Release of Guarantee. The This Guarantee of a Guarantor will shall be automatically and unconditionally terminated, released and discharged, without the consent of the Holders, and the New Guarantor shall be automatically and unconditionally released and discharged from all of its obligations under the Guarantee and its obligations under the Indenture, without any no further action by the CorporationCompany, the New any Guarantor or the Trustee, upon Trustee shall be required for such release (unless the occurrence of any of Company shall notify the following:Trustee that no release and discharge shall occur as a result thereof):

Appears in 1 contract

Samples: Trinity Industries Inc

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Release of Guarantee. The Guarantee shall be automatically and unconditionally released and discharged, and by the New Guarantor shall will be automatically and unconditionally released and discharged with respect to the Securities of any series, and the Guarantor shall be released from all of its obligations obligations, in its capacity as a guarantor, under this Indenture with respect to the Guarantee securities of such series, and its obligations under the Indenture, without any no further action by the CorporationGuarantor, the New Guarantor Issuer or the Trustee, upon Trustee is required for the occurrence release of the Guarantee with respect to the Securities of any of the followingseries, upon:

Appears in 1 contract

Samples: BlackRock Inc.

Release of Guarantee. (a) The Guarantee guarantee shall be automatically and unconditionally released and dischargedreleased, and the New Guarantor shall be automatically and unconditionally released and discharged from all of its obligations under the Guarantee and its liabilities thereunder and hereunder (i) if all obligations under this Agreement are discharged in accordance with the Indentureterms of this Agreement in accordance with the terms and conditions in this Agreement, without any action by the Corporation, the New Guarantor (ii) in accordance with Section 7.16 or the Trustee, upon the occurrence (iii) as provided in Section 11.03 of any of the following:this Agreement.

Appears in 1 contract

Samples: Exchange Agreement (SEACOR Marine Holdings Inc.)

Release of Guarantee. The Guarantee of a Guarantor shall terminate, and the Guarantee of such Guarantor shall be automatically and unconditionally released and discharged, without the consent of Holders of Notes and the New each Guarantor shall be automatically and unconditionally released and discharged from all of its obligations under the Guarantee and its obligations under the Indenture, without any action by the Corporation, the New Guarantor or the Trustee, upon the occurrence of any of the followingthis Indenture and its Guarantee will be released and discharged upon:

Appears in 1 contract

Samples: Indenture (AMC Networks Inc.)

Release of Guarantee. The Guarantee shall be automatically and unconditionally released and discharged, and the New Guarantor shall thereupon terminate and be automatically of no further force and unconditionally released effect, and discharged from all of its obligations under the Guarantee and its obligations under the Indenture, without any no further action by the CorporationGuarantor , the New Guarantor Company or the TrusteeTrustee is required for the release of the Guarantor ’s Guarantee , upon the occurrence of any discharge of the following:Company ’s obligations under this Indenture in accordance with the terms of this Indenture .

Appears in 1 contract

Samples: www.adamsdrafting.com

Release of Guarantee. The This Guarantee shall be automatically and unconditionally released and discharged, and the New of a Guarantor shall be automatically and unconditionally terminated, released and discharged from all of its obligations under the Guarantee and its obligations under the Indenturedischarged, without any the consent of the Holders, and no further action by the CorporationCompany, the New any Guarantor or the Trustee, upon Trustee shall be required for such release (unless the occurrence of any of Company shall notify the following:Trustee that no release and discharge shall occur as a result thereof):

Appears in 1 contract

Samples: Trinity Parts & Components, LLC

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