Common use of Release of Guaranty Clause in Contracts

Release of Guaranty. Concurrently with the payment in full of all of the Indenture Obligations, the Guarantors shall be released from and relieved of their obligations under this Article Thirteen, except that this Section 1312 shall survive such release of the Guarantors and the termination of this Indenture. Upon the delivery by the Company to the Trustee of an Officers' Certificate and, if requested by the Trustee, an Opinion of Counsel to the effect that the transaction giving rise to the release of this Guaranty was made by the Company in accordance with the provisions of this Indenture and the Securities, the Trustee shall execute any documents reasonably required in order to evidence the release of the Guarantors from their obligations under this Guaranty. If any of the Indenture Obligations are revived and reinstated after the termination of this Guaranty, then all of the obligations of the Guarantors under this Guaranty shall be revived and reinstated as if this Guaranty had not been terminated until such time as the Indenture Obligations are paid in full and each Guarantor shall enter into an amendment to this Guaranty, reasonably satisfactory to the Trustee, evidencing such revival and reinstatement.

Release of Guaranty. Concurrently with the payment in full of all of the Indenture Obligations, the Guarantors Guarantor shall be released from and relieved of their its obligations under this Article Thirteen, except that this Section 1312 shall survive such release of the Guarantors and the termination of this IndentureGuaranty. Upon the delivery by the Company Borrower to the Trustee Lender of a certificate signed by an Officers' Certificate and, if requested by authorized senior officer of the Trustee, an Opinion of Counsel Borrower to the effect that the transaction giving rise to the release of this Guaranty was made by the Company Borrower in accordance with the provisions of this Indenture the Credit Agreement and the SecuritiesObligations, the Trustee Lender shall execute any documents reasonably required in order to evidence the release of the Guarantors Guarantor from their its obligations under this Guaranty. If any of the Indenture Obligations are revived and reinstated after the termination of this Guaranty, then all of the obligations of the Guarantors Guarantor under this Guaranty shall be revived and reinstated as if this Guaranty had not been terminated until such time as the Indenture Obligations are paid in full full, and each the Guarantor shall enter into an amendment to this Guaranty, reasonably satisfactory to the TrusteeLender, evidencing such revival and reinstatement.

Release of Guaranty. Concurrently with the payment in full of all of the Indenture Obligations, the Guarantors shall be released from and relieved of their obligations under this Article Thirteen, except that this Section 1312 shall survive such release of the Guarantors and the termination of this Indenture. Upon the delivery by the Company to the Trustee of an Officers' Certificate and, if requested by the Trustee, an Opinion of Counsel to the effect that the transaction giving rise to the release of this Guaranty was made by the Company in accordance with the provisions of this Indenture and the Securities, the Trustee shall execute any documents reasonably required in order to evidence the release of the Guarantors from their obligations under this Guaranty. If any of the Indenture Obligations are revived and reinstated after the termination of this Guaranty, then all of the obligations of the Guarantors under this Guaranty shall be revived and reinstated as if 123 this Guaranty had not been terminated until such time as the Indenture Obligations are paid in full and each Guarantor shall enter into an amendment to this Guaranty, reasonably satisfactory to the Trustee, evidencing such revival and reinstatement.

Release of Guaranty. Concurrently Notwithstanding anything in this Guaranty to the contrary, concurrently with the payment in full of all of the Indenture Obligationsprincipal of, premium, if any, and interest on the Securities, the Guarantors Guarantor shall be released from and relieved of their its obligations under this Article Thirteen, except that this Section 1312 shall survive such release of the Guarantors and the termination of this IndentureGuaranty. Upon the delivery by the Company Issuer to the Trustee of an any Officers' Certificate and, if requested by (as defined in the Trustee, Indenture) and an Opinion of Counsel (as defined in the Indenture) to the effect that the transaction giving rise to the release of this Guaranty was made by the Company Issuer in accordance with the provisions of this the Indenture and the Securities, the Trustee shall execute any documents reasonably required in order to evidence the release of the Guarantors Guarantor from their its obligations under this Guaranty. If any of the Indenture Obligations obligations to pay the principal of, premium, if any, and interest on the Securities and all other obligations of the Issuer are revived and reinstated after the termination of this Guaranty, then all of the obligations of the Guarantors Guarantor under this Guaranty shall be revived and reinstated as if this Guaranty had not been terminated until such time as the Indenture Obligations principal of, premium, if any, and interest on the Securities are paid in full full, and each the Guarantor shall enter into an amendment to this Guaranty, reasonably satisfactory to the Trustee, evidencing such revival and reinstatement.