Common use of Release of Guaranties Clause in Contracts

Release of Guaranties. A Guaranty as to any Guarantor shall automatically terminate and be of no further force or effect and such Guarantor shall be automatically released from all obligations under this Agreement and all the Loan Documents upon:

Appears in 5 contracts

Samples: Credit Agreement (XPO, Inc.), Credit Agreement (XPO, Inc.), Credit Agreement (XPO Logistics, Inc.)

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Release of Guaranties. A Guaranty as to any Subsidiary Guarantor (and, in the case of the occurrence of the events described in Section 13.10(f), Parent Guarantor) shall automatically terminate and be of no further force or effect and such Subsidiary Guarantor shall be automatically released from all obligations under this Agreement and all the Loan Documents upon:

Appears in 1 contract

Samples: Credit Agreement (Forward Air Corp)

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