Release of Note Guarantee Sample Clauses

Release of Note Guarantee. The Note Guarantee of a Guarantor will terminate upon:
AutoNDA by SimpleDocs
Release of Note Guarantee. Upon the satisfaction and discharge of the Indenture in accordance with Article 3 of the Indenture, the Guarantor will be released and relieved of any obligations under the Note Guarantee.
Release of Note Guarantee. (a) A Note Guarantee by a Guarantor shall be automatically and unconditionally released and discharged, and no further action by such Guarantor, the Company or the Trustee is required for the release of such Guarantor’s Note Guarantee:
Release of Note Guarantee. Notwithstanding the provisions of Section 15.01 of this Indenture, a Guarantor shall be automatically and unconditionally released from its obligations under this Indenture, including its Note Guarantee:
Release of Note Guarantee. (a) The Note Guarantee shall be automatically and unconditionally released (and thereupon shall terminate and be discharged and be of no further force and effect) upon:
Release of Note Guarantee. The Note Guarantee of the Guarantor shall automatically be released:
Release of Note Guarantee. Each Note Guarantee is a continuing guarantee and shall remain in full force and effect, except as otherwise provided herein, until payment in full of all principal of or interest on the Securities, and all other Obligations then due and payable, or in the case of a Subsidiary Guarantor, upon the earlier release or termination of its Guarantees of the Bank Indebtedness, or upon such Subsidiary Guarantor no longer being a Restricted Subsidiary.
AutoNDA by SimpleDocs
Release of Note Guarantee. The Note Guarantee of a Guarantor will terminate upon satisfaction and discharge of this Indenture in accordance with the terms hereof. Upon delivery by the Company to the Trustee of an Officers’ Certificate and an Opinion of Counsel to the foregoing effect, the Trustee will execute any documents reasonably requested by such Guarantor in order to evidence the release of the Guarantor from its obligations under its Note Guarantee.
Release of Note Guarantee. (a) Concurrently with the payment in full of all Senior Subordinated Note Obligations, then Holding shall be released from and relieved of its obligations under this Article Ten. Upon the delivery by the Company to the Trustee of an Officers' Certificate and, if requested by the Trustee, an Opinion of Counsel stating that the transaction giving rise to the release of this Note Guarantee was made by the Company in accordance with the provisions of this Indenture and the Notes, the Trustee shall execute any documents reasonably required in order to evidence the release of Holding from its obligations under this Note Guarantee. If any of the Senior Subordinated Note Obligations are revived and reinstated after the termination of this Note Guarantee, then all of the obligations of Holding under this Note Guarantee shall be revived and reinstated as if this Note Guarantee had not been terminated until such time as the Senior Subordinated Note Obligations are paid in full, and Holding shall enter into an amendment to this Note Guarantee, reasonably satisfactory to the Trustee, evidencing such revival and reinstatement.
Release of Note Guarantee. The Guarantor’s Note Guarantee will terminate in accordance with Section 10.09 of the Indenture.
Time is Money Join Law Insider Premium to draft better contracts faster.