Common use of Addition, Release of Guarantors Clause in Contracts

Addition, Release of Guarantors. The Guarantor agrees that its obligations hereunder shall not be discharged, limited or otherwise affected by reason of the Administrative Agent’s actions in releasing any other guarantor, in each case without the necessity of giving notice to or obtaining the consent of the Guarantor.

Appears in 10 contracts

Samples: Subsidiary Guaranty (Arch Capital Finance LLC), Guaranty (Axis Capital Holdings LTD), Guaranty (Arch Capital Group Ltd.)

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Addition, Release of Guarantors. The Guarantor agrees that its obligations hereunder shall not be discharged, limited or otherwise affected by reason of the Administrative AgentAdministrativeAgent’s actions in releasing any other guarantor, in each case without the necessity of giving notice to or obtaining the consent of the Guarantor.

Appears in 1 contract

Samples: Credit Agreement (Axis Capital Holdings LTD)

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Addition, Release of Guarantors. The Each Guarantor agrees that its obligations hereunder shall not be discharged, limited or otherwise affected by reason of the Administrative Agent’s actions in releasing any other guarantor, in each case without the necessity of giving notice to or obtaining the consent of the any Guarantor.

Appears in 1 contract

Samples: Security Agreement (Capella Education Co)

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