Common use of GUARANTEED PARTIES Clause in Contracts

GUARANTEED PARTIES. Each Guarantor hereby acknowledges that (i) the Debenture Trustees act for and on behalf of each of the Holders as agents in connection with this Indenture and the Debentures and (ii) the Debenture Guarantees granted in favour of the Debenture Trustees and each of the Holders hereunder are and shall be held by the Debenture Trustees for the benefit of the Holders and the Debenture Trustees.

GUARANTEED PARTIES. Each Guarantor hereby acknowledges that (i) the Debenture Trustees act for and on behalf of each of the Holders as agents in connection with this Indenture and the Debentures Notes and (ii) the Debenture Note Guarantees granted in favour of the Debenture Trustees and each of the Holders hereunder are and shall be held by the Debenture Trustees for the benefit of the Holders and the Debenture Trustees.