Common use of Benefit of Guarantee Clause in Contracts

Benefit of Guarantee. The provisions of this Guarantee are for the ratable benefit of the Secured Parties and their respective successors and permitted transferees, endorsees and assigns, and nothing herein contained shall impair, as among the Borrowers, the Guarantor and the Secured Parties, the obligations of the Borrowers and the Guarantor under the Loan Documents. In the event all or any part of the Guaranteed Obligations are transferred, endorsed or assigned by the Secured Parties to any Person or Persons in accordance with the terms of the Loan Agreement, any reference to “Secured Parties” herein shall be deemed to refer equally to such Person or Persons.

Benefit of Guarantee. The provisions of this Guarantee are for the ratable benefit of the Secured Guaranteed Parties and their respective successors and permitted successors, transferees, endorsees and assigns, and nothing herein contained shall impair, as among between the Borrowers, the Guarantor Loan Parties and the Secured Guaranteed Parties, the obligations of the Borrowers and the Guarantor Loan Parties under the Loan DocumentsCredit Document. In the event all or any part of the Guaranteed Obligations are transferred, endorsed or assigned by the Secured Guaranteed Parties to any Person or Persons in accordance with the terms of the Loan Credit Agreement, any reference to “Secured "Guaranteed Parties” " herein shall be deemed to refer equally to such Person or Persons.

Benefit of Guarantee. The provisions of this Guarantee are for the ratable benefit of the Secured Guaranteed Parties and their respective successors and permitted successors, transferees, endorsees and assigns, and nothing herein contained shall impair, as among between the Borrowers, the Guarantor Loan Parties and the Secured Guaranteed Parties, the obligations of the Borrowers and the Guarantor Loan Parties under the Loan DocumentsCredit Document. In the event all or any part of the Guaranteed Obligations are transferred, endorsed or assigned by the Secured Guaranteed Parties to any Person or Persons in accordance with the terms of the Loan Credit Agreement, any reference to “Secured Guaranteed Parties” herein shall be deemed to refer equally to such Person or Persons.

Benefit of Guarantee. The provisions of this Guarantee are for the ratable benefit of the Secured Guaranteed Parties and their respective successors and permitted successors, transferees, endorsees and assigns, and nothing herein contained shall impair, as among between the Borrowers, the Guarantor Borrower and the Secured Guaranteed Parties, the obligations of the Borrowers and the Guarantor Borrower under the Loan Documents. In the event all or any part of the Guaranteed Obligations are transferred, endorsed or assigned by the Secured Guaranteed Parties to any Person or Persons in accordance with the terms of the Bridge Loan Agreement, any reference to “Secured "Guaranteed Parties” " herein shall be deemed to refer equally to such Person or Persons.

Benefit of Guarantee. The provisions of this Guarantee are for the ratable benefit of the Secured Parties and their respective successors and permitted transferees, endorsees and assigns, and nothing herein contained shall impair, as among the Borrowers, the Guarantor Guarantors and the Secured Parties, the obligations of the Borrowers and the Guarantor Guarantors under the Loan Documents. In the event all or any part of the Guaranteed Obligations are transferred, endorsed or assigned by the Secured Parties to any Person or Persons in accordance with the terms of the Loan Agreement, any reference to “Secured Parties” herein shall be deemed to refer equally to such Person or Persons.

Benefit of Guarantee. The provisions of this Guarantee are for the ratable benefit of the Secured Guaranteed Parties and their respective successors and permitted transferees, endorsees and assigns, and nothing herein contained shall impair, as among the Borrowers, the Guarantor and the Secured Guaranteed Parties, the obligations of the Borrowers and the Guarantor under the Loan Documents. In the event all or any part of the Guaranteed Obligations are transferred, endorsed or assigned by the Secured Guaranteed Parties to any Person or Persons in accordance with the terms of the Loan Credit Agreement, any reference to “Secured "Guaranteed Parties” " herein shall be deemed to refer equally to such Person or Persons.