Common use of Release of Subsidiary Guarantors from Guarantee Clause in Contracts

Release of Subsidiary Guarantors from Guarantee. Notwithstanding any other provisions of the Senior Notes Indenture, the Guarantee of any Subsidiary Guarantor may be released upon the terms and subject to the conditions set forth under this heading. Provided that no Default has occurred and is continuing under the Senior Notes Indenture, any Guarantee incurred by a Subsidiary Guarantor pursuant to the Senior Notes Indenture will be unconditionally released and discharged