Common use of Amendments, Guaranty Supplements, Etc Clause in Contracts

Amendments, Guaranty Supplements, Etc. (a) Subject to Section 10.01 of the Credit Agreement, no amendment or waiver of any provision of this Guaranty and no consent to any departure by any Subsidiary Guarantor therefrom shall in any event be effective unless the same shall be in writing and signed by the Administrative Agent (at the direction of the Required Lenders) and the Subsidiary Guarantors, and then such waiver or consent shall be effective only in the specific instance and for the specific purpose for which given. Upon a Subsidiary Guarantor becoming an Excluded Subsidiary, or ceasing to be a Restricted Subsidiary, in each case as a result of a transaction or designation permitted under the Loan Documents, such Subsidiary Guarantor shall be released from this Guaranty in accordance with the provisions of Section 9.11 of the Credit Agreement.

Appears in 2 contracts

Samples: Subsidiary Guaranty (ZoomInfo Technologies Inc.), Subsidiary Guaranty (ZoomInfo Technologies Inc.)

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Amendments, Guaranty Supplements, Etc. (a) Subject to Section 10.01 of the Credit Agreement, no amendment or waiver of any provision of this Guaranty and no consent to any departure by any Subsidiary Guarantor therefrom shall in any event be effective unless the same shall be in writing and signed by the Administrative Agent (at the direction of the Required Lenders) and the Subsidiary Guarantors, and then such waiver or consent shall be effective only in the specific instance and for the specific purpose for which given. Upon a Subsidiary Guarantor becoming an Excluded Unrestricted Subsidiary or Immaterial Subsidiary, or ceasing to be a Restricted Subsidiary, in each case as a result of a transaction or designation permitted under the Loan Documents, such Subsidiary Guarantor shall be released from this Guaranty in accordance with the provisions of Section 9.11 of the Credit Agreement.

Appears in 1 contract

Samples: Credit Agreement (Ortho Clinical Diagnostics Holdings PLC)

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Amendments, Guaranty Supplements, Etc. (a) Subject to Section 10.01 of the Credit Agreement, no amendment or waiver of any provision of this Guaranty and no consent to any departure by any Subsidiary Guarantor therefrom shall in any event be effective unless the same shall be in writing and signed by the Administrative Agent (at the direction of the Required Lenders) and the Subsidiary Guarantors, and then such waiver or consent shall be effective only in the specific instance and for the specific purpose for which given. Upon a Subsidiary Guarantor becoming an Excluded Unrestricted Subsidiary or Immaterial Subsidiary, or ceasing to be a Restricted Subsidiary, in each case as a result of a transaction or designation permitted under the Loan Documents, such Subsidiary Guarantor shall be released from this Guaranty in accordance with the provisions of Section 9.11 of the Credit Agreement.9.11

Appears in 1 contract

Samples: Subsidiary Guaranty (Axalta Coating Systems Ltd.)

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