Common use of Acceleration of Guaranty Clause in Contracts

Acceleration of Guaranty. The Guarantor agrees that, in the event that the Obligations have been accelerated pursuant to Article VIII of the Credit Agreement, the Guarantor will pay to the Administrative Agent for itself and as agent for the Lender Parties forthwith the full amount of all such Obligations.

Appears in 4 contracts

Samples: Credit Agreement (Trinity Industries Inc), Credit Agreement (Trinity Industries Inc), Credit Agreement (Trinity Marine Products, Inc.)

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Acceleration of Guaranty. The Guarantor agrees that, in the event that the Obligations have been accelerated pursuant to Article VIII VII of the Credit Agreement, the Guarantor will pay to the Administrative Agent for itself and as agent for the Lender Parties forthwith the full amount of all such Obligations.

Appears in 2 contracts

Samples: Term Credit Agreement (Trinity Industries Inc), Credit Agreement (Trinity Industries Inc)

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Acceleration of Guaranty. The Guarantor agrees that, in the event that the Obligations have Lender Indebtedness has been accelerated pursuant to Article VIII of the Credit Agreement, the Guarantor will pay to the Administrative Agent for itself and as agent for the Lender Parties forthwith the full amount of all such ObligationsLender Indebtedness.

Appears in 1 contract

Samples: Credit Agreement (Trinity Industries Inc)

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