Common use of Resignation of a Guarantor Clause in Contracts

Resignation of a Guarantor. (a) The Company may request that a Guarantor (other than an Original Obligor) ceases to be a Guarantor by delivering to the Facility Agent a Resignation Letter.

Appears in 4 contracts

Samples: Loan Facility Agreement (Xstrata PLC), Multicurrency Loan Facility and Subscription Agreement (Xstrata PLC), Subscription Agreement (Falconbridge LTD)

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Resignation of a Guarantor. (a) The Company may request that a Guarantor (other than an Original Obligorthe Company) ceases to be a Guarantor or that the Parent ceases to be bound as a guarantor by delivering to the Facility Agent a Resignation LetterNotice.

Appears in 2 contracts

Samples: Facility Agreement (Allied Healthcare International Inc), Agreement (Allied Healthcare International Inc)

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