Common use of Benefits of Guaranty Clause in Contracts

Benefits of Guaranty. The provisions of this Guaranty are for the benefit of the Administrative Agent and the other Credit Parties and their respective permitted successors, transferees, endorsees and assigns, and nothing herein contained shall impair, as between the Borrowers and their Subsidiaries, the Administrative Agent and the other Credit Parties, the obligations of the Borrowers and their Subsidiaries under the Loan Documents. In the event all or any part of the Guaranteed Obligations are transferred, endorsed or assigned by the Administrative Agent or any other Credit Party to any Person or Persons as permitted under this Agreement, any reference to an “Administrative Agent”, or “Credit Party” herein shall be deemed to refer equally to such Person or Persons.

Appears in 2 contracts

Samples: Credit Agreement (Cabot Corp), Credit Agreement (Cabot Corp)

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Benefits of Guaranty. The provisions of this Guaranty Agreement are for the benefit of the Administrative Agent and the other Credit Secured Parties and their respective permitted successors, transferees, endorsees and assigns, and nothing herein contained shall impair, as between the Borrowers and their SubsidiariesBorrowers, the Administrative Agent and the other Credit Secured Parties, the obligations of the Borrowers and their Subsidiaries under the Loan DocumentsDocuments or the Hedge Agreements. In the event all or any part of the Guaranteed Obligations are transferred, endorsed or assigned by the Administrative Agent or any other Credit Secured Party to any Person or Persons as permitted under this the Credit Agreement, any reference to an “Administrative Agent”, or “Credit Secured Party” herein shall be deemed to refer equally to such Person or Persons.

Appears in 1 contract

Samples: Pledge Agreement (Coeur D Alene Mines Corp)

Benefits of Guaranty. The provisions of this Guaranty are for the benefit of the Administrative Agent and the other Credit Guaranteed Parties and their respective permitted successors, transferees, endorsees and assigns, and nothing herein contained shall impair, as between the Borrowers and their SubsidiariesBorrowers, the Administrative Agent and the other Credit Guaranteed Parties, the obligations of the Borrowers and their Subsidiaries under the Loan Documents. In the event all or any part of the Guaranteed Obligations are transferred, endorsed or assigned by the Administrative Agent or any other Credit Guaranteed Party to any Person or Persons as permitted under this the Credit Agreement, any reference to an “Administrative Agent”, or “Credit Guaranteed Party” herein shall be deemed to refer equally to such Person or Persons.

Appears in 1 contract

Samples: Guaranty Agreement (Consolidated Communications Holdings, Inc.)

Benefits of Guaranty. The provisions of this Guaranty are for the benefit of the Administrative Agent and the other Credit Guaranteed Parties and their respective permitted successors, transferees, endorsees and assigns, and nothing herein contained shall impair, as between the Borrowers and their SubsidiariesBorrower, the Administrative Agent and the other Credit Guaranteed Parties, the obligations of the Borrowers and their Subsidiaries Borrower under the Loan DocumentsDocuments or the Guaranteed Hedge Agreements. In the event all or any part of the Guaranteed Obligations Liabilities are transferred, endorsed or assigned by the Administrative Agent or any other Credit Guaranteed Party to any Person or Persons as permitted under this the Credit Agreement, any reference to an “Administrative Agent”, or “Credit Guaranteed Party” herein shall be deemed to refer equally to such Person or Persons.

Appears in 1 contract

Samples: Credit Agreement (Cirrus Logic Inc)

Benefits of Guaranty. The provisions of this Guaranty are for the benefit of the Administrative Agent and the other Credit Secured Parties and their respective permitted successors, transferees, endorsees and assigns, and nothing herein contained shall impair, as between the Borrowers and their SubsidiariesBorrower, the Administrative Agent and the other Credit Secured Parties, the obligations of the Borrowers and their Subsidiaries Borrower under the Loan DocumentsDocuments or the Hedging Agreements. In the event all or any part of the Guaranteed Obligations are transferred, endorsed or assigned by the Administrative Agent or any other Credit Secured Party to any Person or Persons as permitted under this the Credit Agreement, any reference to an “Administrative Agent”, or “Credit Secured Party” herein shall be deemed to refer equally to such Person or Persons.

Appears in 1 contract

Samples: Credit Agreement (Choice Hotels International Inc /De)

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Benefits of Guaranty. The provisions of this Guaranty are for the benefit of the Administrative Agent and the other Credit Secured Parties and their respective permitted successors, transferees, endorsees and assigns, and nothing herein contained shall impair, as between the Borrowers and their SubsidiariesBorrower, the Administrative Agent and the other Credit Secured Parties, the obligations of the Borrowers and their Subsidiaries Borrower under the Loan DocumentsDocuments or the Hedge Agreements. In the event all or any part of the Guaranteed Obligations are transferred, endorsed or assigned by the Administrative Agent or any other Credit Secured Party to any Person or Persons as permitted under this the Credit Agreement, any reference to an “Administrative Agent”, or “Credit Secured Party” herein shall be deemed to refer equally to such Person or Persons.

Appears in 1 contract

Samples: Subsidiary Guaranty Agreement (Blackhawk Network Holdings, Inc)

Benefits of Guaranty. The provisions of this Guaranty are for the benefit of the Administrative Agent and the other Credit Secured Parties and their respective permitted successors, transferees, endorsees and assigns, and nothing herein contained shall impair, as between the Borrowers and their Subsidiariesany Borrower, the Administrative Agent and the other Credit Secured Parties, the obligations of the Borrowers and their Subsidiaries any Borrower under the Credit Agreement, the other Loan DocumentsDocuments or the Hedging Agreements . In the event all or any part of the Guaranteed Obligations are transferred, endorsed or assigned by the Administrative Agent or any other Credit Secured Party to any Person or Persons as permitted under this the Credit Agreement, any reference to an “Administrative Agent”, or “Credit Secured Party” herein shall be deemed to refer equally to such Person or Persons.

Appears in 1 contract

Samples: Subsidiary Guaranty Agreement (Pool Corp)

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