Common use of Sale of Guarantor Clause in Contracts

Sale of Guarantor. If all of the Capital Stock of a Guarantor or any of its successors in interest under this Guaranty shall be sold or otherwise disposed of (including by merger or consolidation) in a sale or other disposition permitted by the Exchange Agreement or otherwise consented to by the Holders, such Guarantor or such successor in interest, as the case may be, may request Guarantied Party to execute and deliver, at Guarantor’s expense, documents or instruments, that may be necessary or desirable, or that Guarantor may reasonably request, to evidence the release and discharge of this Guaranty as provided in Section 10.4 of the Exchange Agreement and the Guarantied Party shall execute and deliver such documents and instruments and such Guarantor shall be released and discharged from this Guaranty in accordance with Section 10.4 of the Exchange Agreement and clause (b) below.

Sale of Guarantor. If all of the Capital Stock of a Guarantor or any of its successors in interest under this Guaranty shall be sold or otherwise disposed of (including by merger or consolidation) in a sale or other disposition permitted by the Exchange Purchase Agreement or otherwise consented to by the Holders, such Guarantor or such successor in interest, as the case may be, may request Guarantied Party to execute and deliver, at Guarantor’s Guarantors expense, documents or instruments, that may be necessary or desirable, or that Guarantor may reasonably request, to evidence the release and discharge of this Guaranty as provided in Section 10.4 of the Exchange Purchase Agreement and the Guarantied Party shall execute and deliver such documents and instruments and such Guarantor shall be released and discharged from this Guaranty in accordance with Section 10.4 of the Exchange Purchase Agreement and clause (b) below.

Sale of Guarantor. If all of the Capital Stock of a Guarantor or any of its successors in interest under this Guaranty shall be sold or otherwise disposed of (including by merger or consolidation) in a sale or other disposition permitted by the Exchange Purchase Agreement or otherwise consented to by the Holders, such Guarantor or such successor in interest, as the case may be, may request Guarantied Party to execute and deliver, at Guarantor’s 's expense, documents or instruments, that may be necessary or desirable, or that Guarantor may reasonably request, to evidence the release and discharge of this Guaranty as provided in Section 10.4 of the Exchange Purchase Agreement and the Guarantied Party shall execute and deliver such documents and instruments and such Guarantor shall be released and discharged from this Guaranty in accordance with Section 10.4 of the Exchange Purchase Agreement and clause (b) below.

Sale of Guarantor. If all of the Capital Stock of a Guarantor or any of its successors in interest under this Guaranty shall be sold or otherwise disposed of (including by merger or consolidation) in a sale or other disposition permitted by the Exchange Agreement or otherwise consented to by the Holders, such Guarantor or such successor in interest, as the case may be, may request Guarantied Party to execute and deliver, at Guarantor’s Guarantors expense, documents or instruments, that may be necessary or desirable, or that Guarantor may reasonably request, to evidence the release and discharge of this Guaranty as provided in Section 10.4 of the Exchange Agreement and the Guarantied Party shall execute and deliver such documents and instruments and such Guarantor shall be released and discharged from this Guaranty in accordance with Section 10.4 of the Exchange Agreement and clause (b) below.