Common use of Release of Guarantees Clause in Contracts

Release of Guarantees. (a) Each Guarantee by a Subsidiary Guarantor shall be automatically and unconditionally released and discharged, and shall thereupon terminate and be of no further force and effect, and no further action by such Subsidiary Guarantor, the Issuer or the Trustee is required for the release of such Subsidiary Guarantor’s Guarantee, upon:

Appears in 3 contracts

Samples: Indenture (Hilton Worldwide Holdings Inc.), Indenture (Hilton Worldwide Holdings Inc.), Indenture (Hilton Worldwide Holdings Inc.)

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Release of Guarantees. (a) Each A Subsidiary Guarantee by a Subsidiary Guarantor shall be automatically and unconditionally released and discharged, and shall thereupon terminate and be of no further force and effect, and no further action by such Subsidiary Guarantor, the Issuer Company or the Trustee is required for the release of such Subsidiary Guarantor’s Subsidiary Guarantee, upon:

Appears in 3 contracts

Samples: Passu Intercreditor Agreement (Oppenheimer Holdings Inc), Execution Version (Oppenheimer Holdings Inc), Indenture (Oppenheimer Holdings Inc)

Release of Guarantees. (a) Each A Guarantee by a Subsidiary Guarantor shall be automatically and unconditionally released and discharged, and shall thereupon terminate and be of no further force and effect, and no further action by such Subsidiary Guarantor, the Issuer or the Trustee is required for the release of such Subsidiary Guarantor’s Guarantee, Guarantee upon:

Appears in 3 contracts

Samples: CBS Corp, CBS Radio Inc., CBS Radio Inc.

Release of Guarantees. (a) Each A Guarantee by a Subsidiary Guarantor shall be automatically and unconditionally released and discharged, and shall thereupon terminate and be of no further force and effect, and no further action by such Subsidiary Guarantor, the Issuer Issuers or the Trustee is required for the release of such Subsidiary Guarantor’s Guarantee, Guarantee upon:

Appears in 2 contracts

Samples: Indenture (CBS Outdoor Americas Inc.), CBS Outdoor Americas Inc.

Release of Guarantees. (a) Each Guarantee by a Subsidiary Guarantor shall be automatically and unconditionally released and discharged, and shall thereupon terminate and be of no further force and effect, and no further action by such Subsidiary Guarantor, the Issuer Company or the Trustee is required for the release of such Subsidiary Guarantor’s GuaranteeGuarantee (and the Trustee (subject to its receipt of an Officer’s Certificate) shall execute documents evidencing such release), upon:

Appears in 2 contracts

Samples: E.W. SCRIPPS Co, E.W. SCRIPPS Co

Release of Guarantees. (a) Each A Guarantee by a Subsidiary Guarantor shall be automatically and unconditionally released and discharged, and shall thereupon terminate and be of no further force and effect, and no further action by such Subsidiary Guarantor, the Issuer or the Trustee is shall be required for the release of such Subsidiary Guarantor’s Guarantee, upon:

Appears in 2 contracts

Samples: First Supplemental Indenture (Olin Corp), First Supplemental Indenture (Olin Corp)

Release of Guarantees. (a) Each The Subsidiary Guarantee by of a Subsidiary Guarantor shall be automatically and unconditionally released and discharged, and shall thereupon terminate and be of no further force and effect, and no further action by such Subsidiary Guarantor, the Issuer Company or the Trustee is required for the release of such Subsidiary Guarantor’s Subsidiary Guarantee, upon:

Appears in 1 contract

Samples: Talecris Biotherapeutics Holdings Corp.

Release of Guarantees. (a) Each Guarantee by a Subsidiary Guarantor shall be automatically and unconditionally released and discharged, and shall thereupon terminate and be of no further force and effect, and no further action by such Subsidiary Guarantor, the Issuer Company or the Trustee is required for the release of such Subsidiary Guarantor’s GuaranteeGuarantee (and the Trustee (subject to its receipt of an Officers’ Certificate) shall, at the Company’s request and expense, execute documents evidencing such release), upon:

Appears in 1 contract

Samples: Plantronics Inc /Ca/

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Release of Guarantees. (a) Each Guarantee by a Subsidiary Guarantor shall be automatically and unconditionally released and discharged, and shall thereupon terminate and be of no further force and effect, and no further action by such Subsidiary Guarantor, Guarantor or the Issuer or the Trustee is required for the release of such Subsidiary Guarantor’s Guarantee, upon:

Appears in 1 contract

Samples: Form of Note Purchase Agreement (APX Group Holdings, Inc.)

Release of Guarantees. (a) Each Guarantee by a Subsidiary Guarantor shall be automatically and unconditionally released and discharged, and shall thereupon terminate and be of no further force and effect, and no further action by such Subsidiary Guarantor, the Issuer Issuers or the Trustee is required for the release of such Subsidiary Guarantor’s Guarantee, upon:

Appears in 1 contract

Samples: Indenture (Gates Industrial Corp PLC)

Release of Guarantees. (a) Each A Guarantee by a Subsidiary Guarantor shall be automatically and unconditionally released and discharged, and shall thereupon terminate and be of no further force and effect, and no further action by such Subsidiary Guarantor, the Issuer Issuers or the Trustee is required for the release of such Subsidiary Guarantor’s Guarantee, upon:

Appears in 1 contract

Samples: First Supplemental Indenture (Dynacast Inc.)

Release of Guarantees. (a) Each A Guarantee by a Subsidiary Guarantor shall be automatically and unconditionally released and discharged, and shall thereupon terminate and be of no further force and effect, discharged and no further action by such Subsidiary Guarantor, the Issuer Issuer, the Trustee or the Trustee Notes Collateral Agent is required for the release of such Subsidiary Guarantor’s Guarantee, Guarantee upon:

Appears in 1 contract

Samples: Credit Agreement (Beasley Broadcast Group Inc)

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