Common use of GUARANTOR’S OBLIGATIONS Clause in Contracts

GUARANTOR’S OBLIGATIONS. To the extent the Guarantee of the Registrable Securities is terminated in accordance with the terms of such Guarantee, the Exchange Notes shall not be guaranteed by the Guarantor, the Exchange Offer and registration requirements with respect thereto shall be the sole obligation of the Company, and the Guarantor shall automatically be released from all obligations hereunder.

Appears in 3 contracts

Sources: Purchase Agreement (APA Corp), Registration Rights Agreement (APA Corp), Registration Rights Agreement (APA Corp)