Common use of Resignation of a Guarantor Clause in Contracts

Resignation of a Guarantor. (a) The Issuer may request that a Guarantor (other than the Issuer) ceases to be a Guarantor by delivering to the Security Agent a letter of resignation specifying the Guarantor and which is signed by the Issuer and that Guarantor.

Resignation of a Guarantor. (a) The Issuer may request that a Guarantor (other than the Issuer) ceases to be a Guarantor by delivering to the Security Agent a letter of resignation specifying the Guarantor and which is signed by the Issuer and that Guarantor.Resignation Letter if:

Resignation of a Guarantor. (a) The Subject to the Terms and Conditions, the Issuer may request that a Guarantor (other than the Issuer) ceases to be a Guarantor by delivering to the Security Agent a letter of resignation specifying the Guarantor and which is signed by the Issuer and that Guarantor.

Resignation of a Guarantor. (a) The Issuer may request that a Guarantor (other than the IssuerIssuer or the Company) ceases to be a Guarantor by delivering to the Security Agent a letter of resignation specifying the Guarantor and which is signed by the Issuer and that Guarantor.Resignation Letter if:

Resignation of a Guarantor. (a) The Subject to paragraph (b) below, the Issuer may request that a Guarantor (other than the Issuer) ceases to be a Guarantor by delivering to the Security Agent a letter of resignation specifying the Guarantor and which is signed by the Issuer and that GuarantorResignation Letter.

Resignation of a Guarantor. (a) The Issuer may request that a Guarantor (other than the Issuer) ceases to be a Guarantor by delivering to the Security Agent a letter of resignation specifying the Guarantor and which is signed by the Issuer and that Guarantor, provided that the resignation of such Guarantor is permitted pursuant to the Intercreditor Agreement.