Common use of Supplemental Guaranties Clause in Contracts

Supplemental Guaranties. The Borrower has requested and the Administrative Agent has agreed that any partner of the Borrower except the Parent or any other Guarantor may execute a Supplemental Guaranty. However, the execution of or release of any Supplemental Guaranty shall not be construed as a release or modification of any obligation of a Guarantor under a Guaranty or Environmental Indemnity.

Appears in 5 contracts

Samples: Senior Unsecured Credit Agreement (Lasalle Hotel Properties), Senior Credit Agreement (Eagle Hospitality Properties Trust, Inc.), Credit Agreement (Lasalle Hotel Properties)

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Supplemental Guaranties. The Borrower has requested and the Administrative Agent has ----------------------- Agents have agreed that any partner of the Borrower except the Parent General Partner, AGH LP or any other Guarantor may execute a Supplemental Guaranty. However, the execution of or release of any Supplemental Guaranty shall not be construed as a release or modification of any obligation of a Guarantor under a Guaranty or Environmental Indemnity.

Appears in 3 contracts

Samples: Management Agreement (American General Hospitality Corp), Credit Agreement (American General Hospitality Corp), Credit Agreement (American General Hospitality Corp)

Supplemental Guaranties. The Borrower has requested and the Administrative Agent has ----------------------- Lenders have agreed that any partner of the Borrower or any partner of any Subsidiary of the Borrower except the Parent or any other Guarantor may execute a Supplemental Guaranty. However, the execution of or release of any Supplemental Guaranty shall not be construed as a release or modification of any obligation of a Guarantor under a Guaranty or Environmental Indemnity.

Appears in 1 contract

Samples: Credit Agreement (Meristar Hospitality Corp)

Supplemental Guaranties. The Borrower has requested and the Administrative Agent has ----------------------- Agents have agreed that any partner of the Borrower except the Parent General Partner, AGH LP or any other Guarantor may execute a Supplemental Guaranty. However, the execution of or release of any Supplemental Guaranty shall not be construed as a release or modification of any obligation of a Guarantor under a Subordinate Guaranty or Environmental Indemnity.

Appears in 1 contract

Samples: Credit Agreement (American General Hospitality Corp)

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Supplemental Guaranties. The Borrower has requested and the Administrative Agent has Lenders have agreed that any partner of the Borrower or any partner of any Subsidiary of the Borrower except the Parent or any other Guarantor may execute a Supplemental Guaranty. However, the execution of or release of any Supplemental Guaranty shall not be construed as a release or modification of any obligation of a Guarantor under a Guaranty or Environmental Indemnity.

Appears in 1 contract

Samples: Senior Secured Credit Agreement (Meristar Hospitality Corp)

Supplemental Guaranties. The Borrower has requested and the ----------------------- Administrative Agent has agreed that any partner of the Borrower except the Parent or any other Guarantor may execute a Supplemental Guaranty. However, the execution of or release of any Supplemental Guaranty shall not be construed as a release or modification of any obligation of a Guarantor under a Guaranty or Environmental Indemnity.

Appears in 1 contract

Samples: Credit Agreement (Lasalle Hotel Properties)

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