Common use of Addition of Guarantors Clause in Contracts

Addition of Guarantors. Each Guarantor at any time a party hereto consents and agrees that, at any time that any Person executes and delivers to Administrative Agent a letter, substantially in the form of Exhibit A attached hereto, with such changes, if any, as Administrative Agent shall approve, such Person shall, without further action on the part of any Person, automatically become a party hereto and a "Guarantor" hereunder.

Appears in 4 contracts

Samples: Revolving Credit Agreement (Anixter International Inc), Revolving Credit Agreement (Anixter International Inc), Revolving Credit Agreement (Anixter International Inc)

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Addition of Guarantors. Each Guarantor at any time a party hereto consents and agrees that, at any time that any Person executes and delivers to Administrative Agent a letter, substantially in the form of Exhibit A attached hereto, with such changes, if any, as Administrative Agent shall approve, such Person shall, without further action on the part of any Person, automatically become a party hereto and a "β€œGuarantor" ” hereunder.

Appears in 1 contract

Samples: Revolving Credit Agreement (Anixter International Inc)

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