Common use of BENEFICIARIES’ RIGHTS Clause in Contracts

BENEFICIARIES’ RIGHTS. Each Beneficiary may at any time and from time to time without the consent of, or notice to the Guarantor, without incurring responsibility to the Guarantor and without impairing or releasing the obligations of the Guarantor hereunder, upon or without any terms or conditions and in whole or in part:

Appears in 12 contracts

Samples: Payment Agreement (Calpine Corp), Payment Agreement (Calpine Corp), Payment Agreement (Calpine Corp)

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BENEFICIARIES’ RIGHTS. Each Beneficiary may at any time and from time to time without the consent of, or notice to the Guarantor, without incurring responsibility to the Guarantor and without impairing or releasing the obligations of the Guarantor hereunder, upon or without any terms or conditions and in whole or in part:Guarxxxxx

Appears in 2 contracts

Samples: Calpine Guaranty and Payment Agreement (Calpine Corp), Guaranty and Payment Agreement (Calpine Corp)

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BENEFICIARIES’ RIGHTS. Each Beneficiary may at any time and from time to time without the consent of, or notice to any Subsidiary Guarantor (or any other Beneficiary except as may be required pursuant to the Guarantorterms of any Operative Document), without incurring responsibility to the any Subsidiary Guarantor and without impairing or releasing any of the obligations of the Guarantor Subsidiary Guarantors hereunder, upon or without any terms or conditions and in whole or in part:

Appears in 1 contract

Samples: Reliant Energy Mid Atlantic Power Services Inc

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