Examples of Notation of Guarantee in a sentence
By its execution of the Notation of Guarantee on the applicable Securities, each Guarantor acknowledges and agrees that it receives substantial benefits from the Issuer and that such Guarantor is providing its Guarantee for good and valuable consideration, including, without limitation, such substantial benefits.
The related Notation of Guarantee, if any, shall be executed on behalf of each Guarantor by such Guarantor’s Chief Executive Officer, President, Chief Financial Officer or one of such Guarantor’s Executive Vice Presidents, Senior Vice Presidents or Vice Presidents.
Securities or Notations of Guarantees bearing the manual or facsimile signatures of individuals who were at any time the proper officers of the Issuer or, as applicable, any Guarantor, shall bind the Issuer or such Guarantor, notwithstanding that such individuals or any of them have ceased to hold such offices before the authentication and delivery of such Securities or Notation of Guarantee or did not hold such offices at the date of such Securities or Notation of Guarantee.
If an Officer whose facsimile signature is on a Security of such series or a Notation of Guarantee no longer holds that office at the time the Trustee authenticates such Security on which a Notation of Guarantee is affixed, the Guarantee shall be valid, nevertheless.