EXISTING GUARANTORS. For the avoidance of doubt any Guarantors (as defined in the Existing Credit Agreement) that do not execute and deliver this Agreement shall not be Guarantors for purposes of this Agreement and shall be deemed to have been released from their respective obligations under the guarantee in Article XI of the Existing Credit Agreement.
Appears in 2 contracts
Sources: Credit and Guaranty Agreement (CareTrust REIT, Inc.), Credit and Guaranty Agreement (CareTrust REIT, Inc.)