Unsecured Guarantee definition
Examples of Unsecured Guarantee in a sentence
The Administrative Agent shall not have any duties or obligations except those expressly set forth herein and in the other Loan Documents (and, in the case of the Term B-4 Loans, the IntermediateCo Unsecured Guarantee).
After the retiring Administrative Agent’s resignation hereunder and under the other Loan Documents (and, in the case of the Term B-4 Loans, the IntermediateCo Unsecured Guarantee, the provisions of this Article and Section 10.04 shall continue in effect for the benefit of such retiring Administrative Agent, its sub‑agents and their respective Related Parties in respect of any actions taken or omitted to be taken by any of them while the retiring Administrative Agent was acting as Administrative Agent.
The rights, remedies, powers and privileges herein provided, and provided under each other Loan Document (and, in the case of the Term B-4 Loans, the IntermediateCo Unsecured Guarantee), are cumulative and not exclusive of any rights, remedies, powers and privileges provided by law.
Each Lender hereby authorizes the Administrative Agent to set off and apply any and all amounts at any time owing to such Lender under this Agreement or any other Loan Document (and, in the case of the Term B-4 Loans, the IntermediateCo Unsecured Guarantee) against any amount due to the Administrative Agent under this Section 9.11.
Each Extension Amendment Agreement may, without the consent of any Lender other than the applicable Extending Lenders, effect such amendments to this Agreement, the other Loan Documents and the IntermediateCo Unsecured Guarantee as may be necessary or appropriate, in the opinion of the Administrative Agent, to give effect to the provisions of this Section 2.15.
Anything herein to the contrary notwithstanding, the Administrative Agent shall not have any powers, duties or responsibilities under this Agreement or any of the other Loan DocumentsDocuments (and, in the case of the Term B-4 Loans, the IntermediateCo Unsecured Guarantee), except in its capacity, as applicable, as the Administrative Agent or a Lender hereunder.
This Agreement and the other Loan Documents (and, in the case of the Term B-4 Loans, the IntermediateCo Unsecured Guarantee) constitute the entire contract among the parties relating to the subject matter hereof and supersede any and all previous agreements and understandings, oral or written, relating to the subject matter hereof.
Each Lender hereby consents to the granting of an unsecured guarantee by IntermediateCo for the benefit of the Term B-4 Lenders pursuant to the IntermediateCo Unsecured Guarantee.
Each of the Lenders hereby irrevocably appoints Bank of America to act on its behalf as the Administrative Agent hereunder and under the other Loan Documents (and, in the case of the Term B-4 Loans, the IntermediateCo Unsecured Guarantee) and authorizes the Administrative Agent to take such actions on its behalf and to exercise such powers as are delegated to the Administrative Agent by the terms hereof or thereof, together with such actions and powers as are reasonably incidental thereto.
The Administrative Agent may perform any and all of its duties and exercise its rights and powers hereunder or under any other Loan Document (and, in the case of the Term B-4 Loans, the IntermediateCo Unsecured Guarantee) by or through any one or more sub‑agents appointed by the Administrative Agent.