Common use of Resignation of a Guarantor Clause in Contracts

Resignation of a Guarantor. 25.4.1 The Parent may request that a Guarantor (other than the Parent or any member of the Group which has acceded as an Additional Guarantor under Clause 23.15.2 (Acceleration)) ceases to be a Guarantor by delivering to the Agent a Resignation Letter.

Appears in 1 contract

Samples: ICL Group Ltd.

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Resignation of a Guarantor. 25.4.1 27.4.1 The Parent may request that a Guarantor (other than the Parent or any member of Parent, the Group which has acceded as an Additional Guarantor under Clause 23.15.2 (Acceleration)Original Borrower and ZPRG) ceases to be a Guarantor by delivering to the Agent a Resignation Letter.

Appears in 1 contract

Samples: Agreement (Mercer International Inc)

Resignation of a Guarantor. 25.4.1 31.6.1 The Parent Company may request that a Guarantor (other than the Parent or any member of the Group which has acceded as an Additional Guarantor under Clause 23.15.2 (Acceleration)Company) ceases to be a Guarantor by delivering to the Facility Agent a Resignation Letter.

Appears in 1 contract

Samples: Facilities Agreement (Shire Ltd.)

Resignation of a Guarantor. 25.4.1 32.6.1 The Parent Company may request that a Guarantor (other than the Parent or any member of the Group which has acceded as an Additional Guarantor under Clause 23.15.2 (Acceleration)Company) ceases to be a Guarantor by delivering to the Facility Agent a Resignation Letter.

Appears in 1 contract

Samples: Facilities Agreement (Shire Pharmaceuticals Group PLC)

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Resignation of a Guarantor. 25.4.1 The Parent may request that a Guarantor (other than the Parent or any member of the Group which has acceded as an Additional Guarantor under Clause 23.15.2 (Acceleration)Parent) ceases to be a Guarantor by delivering to the Agent a Resignation Letter.. The Agent shall accept a Resignation Letter and notify the Parent and the Lenders of its acceptance if no Default is continuing or would result from the acceptance of the Resignation Letter (and the Parent has confirmed this is the case). SECTION 10 THE FINANCE PARTIES

Appears in 1 contract

Samples: Agreement (Signet Jewelers LTD)

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