Common use of Additional Guarantee Limitations Clause in Contracts

Additional Guarantee Limitations. The guarantee of any Additional Guarantor is subject to any limitations relating to that Additional Guarantor on the amount guaranteed or to the extent of the recourse of the beneficiaries of the guarantee which is set out in the Accession Deed applicable to such Additional Guarantor (which may include any amendment to the terms of any limitations set out in this Clause ‎21 (Guarantee and Indemnity)) and agreed with the Agent (acting reasonably in accordance with the Agreed Security Principles).

Appears in 2 contracts

Sources: Senior Notes Purchase Agreement (Inspired Entertainment, Inc.), Senior Facilities Agreement (Inspired Entertainment, Inc.)

Additional Guarantee Limitations. The guarantee of any Any Additional Guarantor is Guarantor’s obligations will be subject to any limitations relating to that Additional Guarantor limitation on the amount guaranteed or to the extent of the recourse of the beneficiaries of the guarantee which is set out contained in the Accession Deed applicable to such Additional Guarantor (which may include any amendment to if applicable) and on the terms of any limitations set out in this Clause ‎21 (Guarantee and Indemnity)) and agreed with the Agent (acting reasonably in accordance consistent with the Agreed Security Principles)Principles by which that Additional Guarantor becomes a Guarantor.

Appears in 1 contract

Sources: Super Senior Revolving Credit Facilities Agreement (Atento S.A.)