Right to Enforce Guaranty. Anything contained in any of the Credit Documents to the contrary notwithstanding, the Credit Parties, Administrative Agent and each Lender hereby agree that no Lender shall have any right individually to enforce the Guaranty, it being understood and agreed that all powers, rights and remedies hereunder and under any of the other Credit Documents may be exercised solely by Administrative Agent, on behalf of Beneficiaries, in accordance with the terms hereof and thereof.
Appears in 2 contracts
Samples: Credit and Guaranty Agreement (Priority Technology Holdings, Inc.), Credit and Guaranty Agreement (Priority Technology Holdings, Inc.)
Right to Enforce Guaranty. Anything contained in any of the Credit Documents to the contrary notwithstanding, the Credit Parties, Borrower and Administrative Agent and each Lender hereby agree that no Lender shall have any right individually to enforce the Guaranty, it being understood and agreed that all powers, rights and remedies hereunder and under any of the other Credit Documents may be exercised solely by Administrative Agent, on behalf of Beneficiaries, the Lender in accordance with the terms hereof and thereofhereof.
Appears in 2 contracts
Samples: Credit and Guaranty Agreement (Aeroflex Inc), Credit and Guaranty Agreement (Aeroflex Inc)
Right to Enforce Guaranty. Anything contained in any of the Credit Loan Documents to the contrary notwithstanding, the Credit PartiesBorrower, the Administrative Agent and each Lender hereby agree that no Lender shall have any right individually to enforce the GuarantyGuaranty Agreement, it being understood and agreed that all powers, rights and remedies hereunder and under any of the other Credit Documents Guaranty Agreement may be exercised solely by the Administrative Agent, on behalf of Beneficiaries, in accordance with the terms hereof and thereof.
Appears in 2 contracts
Samples: Revolving Credit Agreement (Healthstream Inc), Revolving Credit Agreement (Healthstream Inc)
Right to Enforce Guaranty. Anything contained in any of the Credit Financing Documents to the contrary notwithstanding, the Credit PartiesBorrower, Administrative Agent and each Lender Beneficiary hereby agree that no Lender Beneficiary shall have any right individually to enforce the Guaranty, it being understood and agreed that all powers, rights and remedies hereunder and under any of the other Credit Financing Documents may be exercised solely by the Administrative Agent, on behalf for the benefit of Beneficiaries, the Lenders and the Issuing Banks in accordance with the terms hereof and thereof.
Appears in 2 contracts
Samples: Credit and Guaranty Agreement (Cheniere Energy, Inc.), Credit and Guaranty Agreement (Cheniere Energy Partners, L.P.)
Right to Enforce Guaranty. Anything contained in any of the Credit Documents to the contrary notwithstanding, the Credit PartiesBorrower, Administrative Agent and each Lender hereby agree that no Lender shall have any right individually to enforce the Guaranty, it being understood and agreed that all powers, rights and remedies hereunder and under any of the other Credit Documents may be exercised solely by Administrative Agent, on behalf of Beneficiaries, the Lenders in accordance with the terms hereof and thereofhereof.
Appears in 2 contracts
Samples: Credit and Guaranty Agreement (Exopack Holding Corp), Credit and Guaranty Agreement (Exopack Holding Corp)
Right to Enforce Guaranty. Anything contained in any of the Credit Documents to the contrary notwithstanding, the Credit PartiesCompany, Administrative Agent and each Lender hereby agree that (i) no Lender shall have any right individually to enforce the Guaranty or any Sponsor Guaranty, it being understood and agreed that all powers, rights and remedies hereunder and under any of the other Credit Documents may be exercised solely by Administrative Agent, on behalf of Beneficiaries, Lenders in accordance with the terms hereof and thereofhereof.
Appears in 1 contract
Samples: Unsecured Credit and Guaranty Agreement (CVR Energy Inc)
Right to Enforce Guaranty. Anything contained in any of the Credit Documents to the contrary notwithstanding, the Credit PartiesBorrowers, Administrative Agent and each Lender Party hereby agree that no Lender Party shall have any right individually to enforce the Guaranty, it being understood and agreed that all powers, rights and remedies hereunder and under any of the other Credit Documents may be exercised solely by Administrative Agent, on behalf of Beneficiaries, Lender Parties in accordance with the terms hereof and thereofhereof.
Appears in 1 contract
Samples: Credit and Guaranty Agreement (Ladder Capital Corp)
Right to Enforce Guaranty. Anything contained in any of the Credit Documents to the contrary notwithstanding, the Credit PartiesBorrower, Administrative Agent and each Lender hereby agree that (i) no Lender shall have any right individually to enforce the Guaranty, it being understood and agreed that all powers, rights and remedies hereunder and under any of the other Credit Documents may be exercised solely by Administrative Agent, on behalf Agent for the benefit of Beneficiaries, the Lenders in accordance with the terms hereof and thereofhereof.
Appears in 1 contract
Samples: Bridge Credit and Guaranty Agreement (Leonardo DRS, Inc.)
Right to Enforce Guaranty. Anything contained in any of the Credit Loan Documents to the contrary notwithstanding, (other than Section 10.03), the Credit PartiesBorrowers, Administrative Agent and each Lender hereby agree that no Lender shall have any right individually to enforce the Guaranty, it being understood and agreed that all powers, rights and remedies hereunder and under any of the other Credit Documents may be exercised solely by Administrative Agent, on behalf of Beneficiaries, Lenders in accordance with the terms hereof and thereofhereof.
Appears in 1 contract
Right to Enforce Guaranty. Anything contained in any of the Credit Documents to the contrary notwithstanding, the Credit PartiesBorrower, the Administrative Agent and each Lender hereby agree that no Lender shall have any right individually to enforce the Guaranty, it being understood and agreed that all powers, rights and remedies hereunder and under any of the other Credit Documents may be exercised solely by the Administrative Agent, on behalf of Beneficiaries, the Lenders in accordance with the terms hereof and thereof.
Appears in 1 contract
Samples: Credit and Guaranty Agreement (Solera Holdings, Inc)
Right to Enforce Guaranty. Anything contained in any of the Credit Documents to the contrary notwithstanding, the Credit Parties, Company and the Administrative Agent and each Lender hereby agree that no Lender shall have any right individually to enforce the Guaranty, it being understood and agreed that all powers, rights rights, and remedies hereunder and under any of the other Credit Documents may be exercised solely by the Administrative Agent, on behalf of Beneficiaries, the Lenders in accordance with the terms hereof and thereofhereof.
Appears in 1 contract
Right to Enforce Guaranty. Anything contained in any of the Credit Documents to the contrary notwithstanding, the Credit PartiesCompany, Administrative Agent Agent, and each Lender hereby agree that no Lender shall have any right individually to enforce the Guaranty, it being understood and agreed that all powers, rights and remedies hereunder and under any of the other Credit Documents may be exercised solely by Administrative Agent, on behalf of Beneficiaries, Lenders in accordance with the terms hereof and thereofhereof.
Appears in 1 contract
Samples: Senior Subordinated Credit and Guaranty Agreement (Bill Barrett Corp)
Right to Enforce Guaranty. Anything contained in any of the Credit Documents to the contrary notwithstanding, the Credit PartiesBorrower, Administrative Agent and each Lender hereby agree that no Lender shall have any right individually to enforce the Guaranty, it being understood and agreed that all powers, rights and remedies hereunder and under any of the other Credit Documents may be exercised solely by Administrative Agent, on behalf of Beneficiaries, Lenders in accordance with the terms hereof and thereofhereof.
Appears in 1 contract
Samples: Senior Subordinated Bridge Loan Agreement (Source Interlink Companies Inc)
Right to Enforce Guaranty. Anything contained in any of the Credit Documents to the contrary notwithstanding, the Credit PartiesCompany, Administrative Agent and each Lender hereby agree that (i) no Lender shall have any right individually to enforce the Guaranty, it being understood and agreed that all powers, rights and remedies hereunder and under any of the other Credit Documents may be exercised solely by Administrative Agent, on behalf of Beneficiaries, Lenders in accordance with the terms hereof and thereofhereof.
Appears in 1 contract
Right to Enforce Guaranty. Anything contained in any of the Credit Documents to the contrary notwithstanding, the Credit PartiesCompany, the Administrative Agent and each Lender hereby agree that no Lender shall have any right individually to enforce the Guaranty, it being understood and agreed that all powers, rights and remedies hereunder and under any of the other Credit Documents may be exercised solely by the Administrative Agent, on behalf of Beneficiaries, the Lenders in accordance with the terms hereof and thereofhereof.
Appears in 1 contract
Samples: Senior Credit and Guaranty Agreement (Pogo Producing Co)