Common use of Release of Guarantees Clause in Contracts

Release of Guarantees. (a) Subject to paragraphs (b), (c) and (d), each Note Guarantee, once it becomes due, is a continuing guarantee and shall (i) remain in full force and effect until payment in full of all the Guaranteed Obligations, (ii) be binding upon each Guarantor and its successors and (iii) inure to the benefit of, and be enforceable by, the Trustee, the Holders and their successors, transferees and assigns.

Appears in 8 contracts

Samples: Indenture (STUDIO CITY INTERNATIONAL HOLDINGS LTD), Supplemental Indenture (Melco Crown Entertainment LTD), Supplemental Indenture (STUDIO CITY INTERNATIONAL HOLDINGS LTD)

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Release of Guarantees. (a) Subject to paragraphs (b), (c) and (dc), each Note Guarantee, once it becomes due, is a continuing guarantee and shall (i) remain in full force and effect until payment in full of all the Guaranteed Obligations, (ii) be binding upon each Subsidiary Guarantor and its successors and (iii) inure to the benefit of, and be enforceable by, the Trustee, the Holders and their successors, transferees and assigns.

Appears in 8 contracts

Samples: Supplemental Indenture (Melco Resorts & Entertainment LTD), Supplemental Indenture (STUDIO CITY INTERNATIONAL HOLDINGS LTD), Supplemental Indenture (Melco Resorts & Entertainment LTD)

Release of Guarantees. (a) Subject to paragraphs (b), (c) the following paragraph and (d)the terms of the Intercreditor Agreement, each Note Guarantee, once it becomes due, is a continuing guarantee and shall (i) remain in full force and effect until payment in full of all the Guaranteed Obligations, (ii) be binding upon each Guarantor and its successors and (iii) inure to the benefit of, and be enforceable by, the Trustee, the Holders and their successors, transferees and assigns.

Appears in 7 contracts

Samples: Cabot Financial (Encore Capital Group Inc), Additional Intercreditor Agreement (Encore Capital Group Inc), Additional Intercreditor Agreement (Encore Capital Group Inc)

Release of Guarantees. (a) Subject to paragraphs (b), (c) the following paragraph and (d)the terms of the Intercreditor Agreements, each Note Guarantee, once it becomes due, is a continuing guarantee and shall (i) remain in full force and effect until payment in full of all the Guaranteed Obligations, (ii) be binding upon each Guarantor and its successors and (iii) inure to the benefit of, and be enforceable by, the Trustee, the Holders and their successors, transferees and assigns.

Appears in 4 contracts

Samples: Indenture (Encore Capital Group Inc), Indenture (Encore Capital Group Inc), Additional Intercreditor Agreement (Encore Capital Group Inc)

Release of Guarantees. (a) Subject to paragraphs (b), (c) and (d), each Note Guarantee, once it becomes due, is a continuing guarantee and shall (i) remain in full force and effect until payment in full of all the Guaranteed Obligations, (ii) be binding upon each Subsidiary Guarantor and its successors and (iii) inure to the benefit of, and be enforceable by, the Trustee, the Holders and their successors, transferees and assigns.

Appears in 3 contracts

Samples: Db Trustees (STUDIO CITY INTERNATIONAL HOLDINGS LTD), Db Trustees (Melco Crown Entertainment LTD), Indenture (Melco Crown Entertainment LTD)

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Release of Guarantees. (a) Subject to paragraphs (b), (c) the following paragraph and (d)the terms of the Intercreditor Deeds, each Note Guarantee, once it becomes due, is a continuing guarantee and shall (ia) remain in full force and effect until payment in full of all the Guaranteed Obligations, (iib) be binding upon each Note Guarantor and its successors and (iiic) inure to the benefit of, and be enforceable by, the Trustee, the Holders and their successors, transferees and assigns.

Appears in 2 contracts

Samples: Indenture (Virgin Media Inc.), Indenture (Virgin Media Inc.)

Release of Guarantees. (a) Subject to paragraphs (b), (c) the following paragraph and (d)the terms of the Intercreditor Agreement, each Note Guarantee, once it becomes due, is a continuing guarantee and shall (i) remain in full force and effect until payment in full of all the Guaranteed Obligations, (ii) be binding upon each Guarantor and its successors and (iii) inure to the benefit of, and be enforceable by, the Trustee, the Holders and their successors, transferees and assigns.. 151

Appears in 1 contract

Samples: Additional Intercreditor Agreement (Encore Capital Group Inc)

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