Common use of Execution and Delivery of Guaranty Clause in Contracts

Execution and Delivery of Guaranty. Each Guarantor shall be deemed to have signed on each Security issued hereunder the notation of guarantee set forth on the form of the Securities attached hereto as Exhibit A to the same extent as if the signature of such Guarantor appeared on such Security. The delivery of any Security by the Trustee, after the authentication thereof hereunder, shall constitute due delivery of the guaranty set forth in Section 12.1 on behalf of each Guarantor. The notation of a guaranty set forth on any Security shall be null and void and of no further effect with respect to the guaranty of any Guarantor which, pursuant to Section 12.4 or Section 12.5, is released from such guaranty.

Appears in 2 contracts

Samples: Senior Subordinated Note (Jacor Communications Inc), Talk Radio Network Inc

Execution and Delivery of Guaranty. Each Subsidiary Guarantor shall shall, by virtue of such Subsidiary Guarantor's execution and delivery of this Indenture or such Subsidiary Guarantor's execution and delivery of an indenture supplement pursuant to Section 13.3 hereof, be deemed to have signed on each Security issued hereunder the notation of guarantee set forth on the form of the Securities attached hereto as Exhibit A to the same extent as if the signature of such Subsidiary Guarantor appeared on such Security. The delivery of any Security by the Trustee, after the authentication thereof hereunder, shall constitute due delivery of the guaranty set forth in Section 12.1 13.1 on behalf of each Subsidiary Guarantor. The notation of a guaranty set forth on any Security shall be null and void and of no further effect with respect to the guaranty of any Subsidiary Guarantor which, pursuant to Section 12.4 13.4 or Section 12.5 13.5, is released from such guaranty.

Appears in 2 contracts

Samples: Senior Secured Note (HMH Properties Inc), HMH Properties Inc