Common use of Continuing Guaranty; Term; Successors and Assigns; Assignment; Survival Clause in Contracts

Continuing Guaranty; Term; Successors and Assigns; Assignment; Survival. This Guaranty is a continuing guaranty and covers all of the Guaranteed Obligations as the same may arise and be outstanding at any time and from time to time from and after the date hereof, and shall (i) remain in full force and effect until satisfaction of the provisions of Section 3, (ii) be binding upon and enforceable against the Guarantor and its successors and assigns (provided, however, that the Guarantor may not sell, assign or transfer any of its rights, interests, duties or obligations hereunder without the prior written consent of the Lenders) and (iii) inure to the benefit of and be enforceable by each Guaranteed Party and its successors and assigns.

Appears in 5 contracts

Samples: Credit Agreement (Max Capital Group Ltd.), Guaranty Agreement (ALTERRA CAPITAL HOLDINGS LTD), Guaranty Agreement (ALTERRA CAPITAL HOLDINGS LTD)

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Continuing Guaranty; Term; Successors and Assigns; Assignment; Survival. This Guaranty is a continuing guaranty and covers all of the Guaranteed Obligations as the same may arise and be outstanding at any time and from time to time from and after the date hereof, and shall (i) remain in full force and effect until satisfaction of all of the provisions of Section 3Termination Requirements, (ii) be binding upon and enforceable against the Guarantor and its successors and assigns (provided, however, that the Guarantor may not sell, assign or transfer any of its rights, interests, duties or obligations hereunder without the prior written consent of all of the Lenders) and (iii) inure to the benefit of and be enforceable by each Guaranteed Party and its successors and assigns. All representations, warranties, covenants and agreements herein shall survive the execution and delivery of this Guaranty.

Appears in 2 contracts

Samples: Credit Agreement (Chartwell Re Holdings Corp), Credit Agreement (Chartwell Re Corp)

Continuing Guaranty; Term; Successors and Assigns; Assignment; Survival. This Guaranty is a continuing guaranty and covers all of the Guaranteed Obligations as the same may arise and be outstanding at any time and from time to time from and after the date hereof, and shall (i) remain in full force and effect until satisfaction of the provisions of Section 3, (ii) be binding upon and enforceable against the Guarantor and its successors and assigns (provided, however, that the Guarantor may not sell, assign or transfer any of its rights, interests, duties or obligations hereunder without the prior written consent of the LendersAdministrative Agent) and (iii) inure to the benefit of and be enforceable by each Guaranteed Party and its successors and assigns.

Appears in 2 contracts

Samples: Guaranty (Axis Capital Holdings LTD), Credit Agreement (Axis Capital Holdings LTD)

Continuing Guaranty; Term; Successors and Assigns; Assignment; Survival. This Guaranty is a continuing guaranty and covers all of the Guaranteed Obligations as the same may arise and be outstanding at any time and from time to time from and after the date hereof, and shall (i) remain in full force and effect until satisfaction of the provisions of Section 34, (ii) be binding upon and enforceable against the Guarantor and its successors and assigns (provided, however, that the no Guarantor may not sell, assign or transfer any of its rights, interests, duties or obligations hereunder (except in connection with a merger under Section 7.04 of the Credit Agreement) without the prior written consent of the LendersAdministrative Agent) and (iii) inure to the benefit of and and, subject to the provisions of Section 11, be enforceable by each Guaranteed Party and its successors and permitted assigns.

Appears in 1 contract

Samples: Security Agreement (Capella Education Co)

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Continuing Guaranty; Term; Successors and Assigns; Assignment; Survival. This Guaranty is a continuing guaranty and covers all of the Guaranteed Obligations as the same may arise and be outstanding at any time and from time to time from and after the date hereof, and shall (i) remain in full force and effect until satisfaction of all of the Termination Requirements (provided that the provisions of clause (ii) of Section 31(a) shall survive any termination of this Guaranty), (ii) be binding upon and enforceable against the each Guarantor and its successors and assigns (provided, however, that the no Guarantor may not sell, assign or transfer any of its rights, interests, duties or obligations hereunder without the prior written consent of the LendersInvestors) and (iii) inure to the benefit of and be enforceable by each Guaranteed Party and its successors and assigns.and

Appears in 1 contract

Samples: Investment Agreement (Intersearch Group Inc)

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