Common use of Existing Guaranties Clause in Contracts

Existing Guaranties. The Administrative Agent and all Lenders hereby agree that any and all Subsidiary Guaranties executed and delivered under the 2004 Agreement (or any predecessor agreement, including without limitation, the 1998 Agreement and the 2002 Agreement) and in effect on the Closing Date are hereby terminated and of no further force or effect as of the Closing Date. Without limiting the effectiveness of the foregoing termination, the Administrative Agent shall return all such Subsidiary Guaranties to the Borrower marked “terminated” or “canceled”.

Existing Guaranties. The Administrative Agent and all Lenders hereby agree that any and all “Subsidiary Guaranties Guaranties” executed and delivered under the 2004 Existing Revolving Credit Agreement and the Existing Term Loan Agreement (or any predecessor agreement, including without limitation, the 1998 Agreement and the 2002 Agreementagreements) and in effect on the Closing Date are hereby terminated and of no further force or effect as of the Closing Date. Without limiting the effectiveness of the foregoing termination, the Administrative Agent shall return all such Subsidiary Guaranties to the Borrower marked “terminated” or “canceled”.

Existing Guaranties. The Administrative Agent and all Lenders hereby agree that any and all “Subsidiary Guaranties Guaranties” executed and delivered under the 2004 Existing Credit Agreement (or any predecessor agreement, including without limitation, the 1998 Agreement and the 2002 Agreementagreements) and in effect on the Closing Date are hereby terminated and of no further force or effect as of the Closing Date. Without limiting the effectiveness of the foregoing termination, the Administrative Agent shall return all such Subsidiary Guaranties to the Borrower marked “terminated” or “canceled”.