Common use of Release of Guarantors from Guarantees Clause in Contracts

Release of Guarantors from Guarantees. (a) Notwithstanding any other provisions of the Indenture, the Guarantee of any Guarantor shall be released upon the terms and subject to the conditions set forth in this Section 1404. A Guarantor shall be released automatically from its obligations under its Guarantee and its other obligations under the Indenture upon:

Appears in 8 contracts

Samples: Indenture (Weatherford International PLC), Indenture (Weatherford International PLC), Indenture (Weatherford Irish Holdings Ltd.)

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Release of Guarantors from Guarantees. (a) Notwithstanding any other provisions of the Indenture, the Guarantee of any Guarantor shall be released upon the terms and subject to the conditions set forth in this Section 14041504. A Guarantor shall be released automatically from its obligations under its Guarantee and its other obligations under the Indenture upon:

Appears in 3 contracts

Samples: Supplemental Indenture (Weatherford International PLC), Indenture (Weatherford International PLC), Tenth Supplemental Indenture (Weatherford International PLC)

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Release of Guarantors from Guarantees. (a1) Notwithstanding any other provisions of the Indenture, the Guarantee of any Guarantor shall be released upon the terms and subject to the conditions set forth in this Section 140414.04. A Guarantor shall be released automatically from its obligations under its Guarantee and its other obligations under the Indenture upon:

Appears in 1 contract

Samples: Indenture (Weatherford International PLC)

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