Common use of Foreign Guaranty Clause in Contracts

Foreign Guaranty. On the 2010 Restatement Effective Date, the Canadian Borrower, the UK Borrower and each other Foreign Subsidiary of the US Borrower (other than such Foreign Subsidiaries that are in liquidation on the 2010 Restatement Effective Date) shall have duly authorized, executed and delivered the Foreign Guaranty in the form of Exhibit F, with such changes thereto as the Collateral Agent may reasonably request with respect to any such Foreign Subsidiary, or (at the option of the Administrative Agent) a supplement to the Foreign Guaranty executed and delivered in connection with the Existing Credit Agreement and in form and substance reasonably satisfactory to the Administrative Agent (as amended, restated, modified and/or supplemented from time to time in accordance with the terms thereof and hereof, the “Foreign Guaranty”), and the Foreign Guaranty shall be in full force and effect.

Appears in 1 contract

Sources: Credit Agreement (Compass Minerals International Inc)

Foreign Guaranty. On the 2010 Restatement Effective Date, the Canadian Borrower, the UK Borrower and each other Foreign Subsidiary of the US Borrower (other than such Foreign Subsidiaries that are in liquidation on the 2010 Restatement Effective Date) shall have duly authorized, executed and delivered the Foreign Guaranty in the form of Exhibit F, with such changes thereto as the Collateral Agent may reasonably request with respect to any such Foreign Subsidiary, or (at the option of the Administrative Agent) a supplement to the Foreign Guaranty executed and delivered in connection with the Existing Credit Agreement and in form and substance reasonably satisfactory to the Administrative Agent (as amended, restated, modified and/or supplemented from time to time in accordance with the terms thereof and hereof, the “Foreign Guaranty”), and the Foreign Guaranty shall be in full force and effect.

Appears in 1 contract

Sources: Credit Agreement (Compass Minerals International Inc)