Examples of Note Guaranty in a sentence
A Subsidiary Party shall automatically be released from its obligations hereunder and its Note Guaranty shall be automatically released in the circumstances described in Article 8 and Section 9.21 of the Note Purchase Agreement (subject to compliance with the requirements of such provisions).
The Administrative Agent may enforce this Note Guaranty at any time when an Event of Default exists.
Delivery of an executed counterpart of a signature page of this Note Guaranty by facsimile or by email as a “.pdf’ or “.tif’ attachment shall be effective as delivery of a manually executed counterpart of this Note Guaranty.
This Note Guaranty is a continuing one and shall remain in full force and effect until the Termination Date, and all liabilities to which it applies or may apply under the terms hereof shall be conclusively presumed to have been created in reliance hereon.
The Note Guarantors are entering into this Note Guaranty in order to induce the Purchasers to enter into and extend credit to the Issuer under the Note Purchase Agreement and to guarantee the Secured Obligations.