Common use of Senior Guarantee Clause in Contracts

Senior Guarantee. Each of Allied and the Subsidiary Guarantors hereby jointly and severally unconditionally guarantees on a senior basis for the benefit of each Holder of a Security that has been authenticated and delivered by the Trustee, and for the benefit of the Trustee on behalf of such Holder, the due and punctual payment of the principal of, premium, if any, and interest on such Security when and as the same shall become due and payable, whether at its Stated Maturity or following acceleration, call for redemption, purchase or otherwise, in each case in accordance with the terms and conditions of such Security, this Fifth Supplemental Indenture and the Indenture Series. Each of the Subsidiary Guarantors shall be from the effective date of this Fifth Supplemental Indenture a "Subsidiary Guarantor" within the meaning and for all purposes of the Indenture. In addition, Allied hereby guarantees to the extent set forth in the Senior Guarantee endorsed upon each Security for the benefit of the Holder thereof, the obligations of each Subsidiary Guarantor thereunder.

Appears in 3 contracts

Samples: Fifth Supplemental Indenture (Allied Waste Industries Inc), Supplemental Indenture (Allied Waste Industries Inc), Supplemental Indenture (Allied Waste Industries Inc)

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Senior Guarantee. Each of Allied and the Subsidiary Guarantors hereby jointly and severally unconditionally guarantees on a senior basis for the benefit of each Holder of a Security that has been authenticated and delivered by the Trustee, and for the benefit of the Trustee on behalf of such Holder, the due and punctual payment of the principal of, premium, if any, and interest on such Security when and as the same shall become due and payable, whether at its Stated Maturity or following acceleration, call for redemption, purchase or otherwise, in each case in accordance with the terms and conditions of such Security, this Fifth Fourth Supplemental Indenture and the Indenture Series. Each of the Subsidiary Guarantors shall be from the effective date of this Fifth Fourth Supplemental Indenture a "Subsidiary Guarantor" within the meaning and for all purposes of the Indenture. In addition, Allied hereby guarantees to the extent set forth in the Senior Guarantee endorsed upon each Security for the benefit of the Holder thereof, the obligations of each Subsidiary Guarantor thereunder.

Appears in 2 contracts

Samples: Fourth Supplemental Indenture (Allied Waste Industries Inc), Fourth Supplemental Indenture (Allied Waste Industries Inc)

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Senior Guarantee. Each of Allied and the Subsidiary Guarantors hereby jointly and severally unconditionally guarantees on a senior basis for the benefit of each Holder of a Security that has been authenticated and delivered by the Trustee, and for the benefit of the Trustee on behalf of each such Holder, the due and punctual payment of the principal of, premium, if any, and interest on such Security when and as the same shall become due and payable, whether at its Stated Maturity or following acceleration, call for redemption, purchase or otherwise, in each case in accordance with the terms and conditions of such Security, this Fifth Nineteenth Supplemental Indenture and the Indenture Series. Each of the Subsidiary Guarantors shall be from the effective date of this Fifth Nineteenth Supplemental Indenture a "β€œSubsidiary Guarantor" ” within the meaning and for all purposes of the Indenture. In addition, Allied hereby guarantees to the extent set forth in the form of Senior Guarantee endorsed upon each Security for the benefit set forth in Section 2.3 of the Holder thereofIndenture, the obligations of each Subsidiary Guarantor thereunderhereunder.

Appears in 1 contract

Samples: Nineteenth Supplemental Indenture (Republic Services, Inc.)

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