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 Lenders and their respective permitted successors, transferees, endorsees and assigns, and nothing herein contained shall impair, as between the Borrower, the Administrative Agent and the Lenders, the Obligations. In the event all or any part of the Obligations are transferred, endorsed or assigned by the Administrative Agent or any Lender to any Person or Persons as permitted under the Credit Agreement, any reference to an "Administrative Agent", or "Lender" herein shall be deemed to refer equally to such Person or Persons.

Appears in 1 contract

Samples: Guaranty Agreement (Blue Rhino Corp)

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Benefits of Guaranty. The provisions of this Guaranty are for the benefit of the Administrative Agent and the Lenders and their respective permitted successors, transferees, endorsees and assigns, and nothing herein contained shall impair, as between the BorrowerBorrowers, the Administrative Agent and the Lenders, the Obligationsobligations of the Borrowers 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 Lender to any Person or Persons as permitted under the Credit Agreement, any reference to an "Administrative Agent", or "Lender" herein shall be deemed to refer equally to such Person or Persons.

Appears in 1 contract

Samples: Credit Agreement (Perkins Papers LTD)

Benefits of Guaranty. The provisions of this Guaranty are for the benefit of the Administrative Agent and the Lenders and their respective permitted successors, transferees, endorsees and assigns, and nothing herein in this Agreement contained shall impair, as between the Borrower, the Administrative Agent and the Lenders, the Obligationsobligations of the Borrower 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 Lender to any Person or Persons as permitted under the Credit AgreementPersons, any reference to an any "Administrative Agent", " or "LenderLenders" herein in this Agreement shall be deemed to refer equally to such Person or Persons.

Appears in 1 contract

Samples: Credit Agreement (Golf Trust of America Inc)

Benefits of Guaranty. The provisions of this Guaranty are for the benefit of the Administrative Agent and the Lenders and their respective permitted successors, transferees, endorsees and assigns, and nothing herein contained shall impair, as between the Borrower, the Administrative Agent and the Lenders, the Obligationsobligations of the Borrower 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 Lender to any Person or Persons as permitted under the Credit AgreementPersons, any reference to an "Administrative Agent", AGENT," or "LenderLENDER" herein shall be deemed to refer equally to such Person or Persons.

Appears in 1 contract

Samples: Intercompany Subordination Agreement (Rural Metro Corp /De/)

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Benefits of Guaranty. The provisions of this Guaranty are for the benefit of the Administrative Agent Lender and the Lenders and their respective permitted its successors, transferees, endorsees and assigns, and nothing herein contained shall impair, as between the BorrowerBorrower and the Lender, the Administrative Agent and obligations of the Lenders, Borrower under the ObligationsLoan Documents. In the event that all or any part of the Obligations are transferred, endorsed or assigned by the Administrative Agent or any Lender to any Person or Persons as permitted under the Credit Loan Agreement, any reference to an "Administrative Agent", or a "Lender" herein shall be deemed to refer equally similarly and ratably to such Person or Persons.

Appears in 1 contract

Samples: Guaranty Agreement (Talon International, Inc.)

Benefits of Guaranty. The provisions of this Guaranty are for the benefit of the Administrative Agent Agents and the Lenders and their respective permitted successors, transferees, endorsees and assigns, and nothing herein contained shall impair, as between the Borrower, the Administrative Agent Agents and the Lenders, the Obligationsobligations of the Borrower under the Loan Documents. In the event all or any part of the Guaranteed Obligations are transferred, endorsed or assigned by the Administrative Agent Agents or any Lender to any Person or Persons as permitted under the Credit AgreementPersons, any reference to an the "Administrative AgentAgents", or "Lender" herein shall be deemed to refer equally to such Person or Persons.

Appears in 1 contract

Samples: Unconditional Guaranty Agreement (Insignia Properties Trust /)

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