Examples of UK Subsidiary Guaranty in a sentence
The Lenders and the L/C Issuers irrevocably authorize the Administrative Agent, to release any Guarantor from its obligations under any Domestic Subsidiary Guaranty, any Luxembourg Subsidiary Guaranty, any Canadian Subsidiary Guaranty, any UK Subsidiary Guaranty, any Spanish Subsidiary Guaranty or any other Guaranty executed by such Guarantor, as applicable, if such Person ceases to be a Subsidiary as a result of a transaction permitted hereunder or becomes an Excluded Subsidiary.
In furtherance of the foregoing, at all times prior to the Termination Date, each Guarantor shall refrain from taking any action or commencing any proceeding against any other Loan Party (or its successors or assigns, whether in connection with a bankruptcy U.K. Subsidiary Guaranty proceeding or otherwise) to recover any amounts in respect of payments made under this Guaranty to any Secured Party.
The Lenders and the L/C Issuers irrevocably authorize the Administrative Agent, to release any Subsidiary Guarantor from its obligations under any Domestic Subsidiary Guaranty, any Irish Subsidiary Guaranty or any UK Subsidiary Guaranty, as applicable, if such Person ceases to be a Subsidiary as a result of a transaction permitted hereunder.
This Guaranty is secured by various Collateral Documents delivered by one or more of the Guarantors and reference is made U.K. Subsidiary Guaranty to such Collateral Documents for a description of the collateral security for this Guaranty, the nature and extent of such Collateral and the rights of the parties in and to such Collateral.
The Lenders and the L/C Issuers irrevocably authorize the Administrative Agent, to release any Subsidiary Guarantor from its obligations under any Domestic Subsidiary Guaranty, any Luxembourg Subsidiary Guaranty, any Canadian Subsidiary Guaranty, any UK Subsidiary Guaranty, any Spanish Subsidiary Guaranty or any other Guaranty executed by such Subsidiary Guarantor, as applicable, if such Person ceases to be a Subsidiary as a result of a transaction permitted hereunder.