Security Guarantees. (a) Each Security Guarantor hereby fully and unconditionally guarantees, jointly and severally with each other Security Guarantor, to each Holder and the Trustee, the full and punctual payment when due, whether at maturity, by acceleration, by redemption or otherwise, of the obligations (such guaranteed obligations, the “Guaranteed Obligations”) of the Securities of any series that are subject to Security Guarantees. Unless terminated hereunder, each such Security Guarantor further agrees (to the extent permitted by law) that such obligations may be extended or renewed, in whole or in part, without notice or further assent from it, and that it shall remain bound by the provisions of this Article XI, to the extent otherwise applicable, notwithstanding any extension or renewal of any such obligation. Each Security Guarantor hereby agrees to pay, in addition to the amounts stated above, any and all expenses (including reasonable counsel fees and expenses) incurred by the Trustee or the Holders in enforcing or exercising any rights under any Security Guarantee.
Security Guarantees. Each of the Security Guarantors and the Company will, and the Company will cause each of the Security Guarantors to, ensure at all times that, unless otherwise permitted by this Indenture, each Security Guarantee will remain in full force and effect and shall not be subordinated by written agreement in right of payment to any indebtedness or other obligations of the Security Guarantors, unless required by applicable law. ARTICLE ELEVEN
Security Guarantees. (a) Each Security Guarantor hereby unconditionally and irrevocably guarantees to each Holder and to the Trustee and its successors and assigns (a) the full and punctual payment of principal of, premium, if any, and interest on the Securities when due, whether at maturity, by acceleration, by redemption or otherwise, and all other monetary obligations of the Company under this Indenture and the Securities and (b) the full and punctual performance within applicable grace periods of all other obligations of the Company under this Indenture and the Securities (all the foregoing being hereinafter collectively called the "Guarantee Obligations"). Each Security Guarantor further agrees that the Guarantee Obligations may be extended or renewed, in whole or in part, without notice or further assent from such Security Guarantor and that such Security Guarantor will remain bound under this Article Seventeen notwithstanding any extension or renewal of any Guarantee Obligation.
Security Guarantees. This Security is initially entitled to the benefits of the certain Security Guarantees of the Security Guarantors and may thereafter be entitled to certain other Security Guarantees made for the benefit of the Holders. Reference is hereby made to Article Seventeen of the Indenture and to the Security Guarantees endorsed on this Security for a statement of the respective rights, limitations of rights, duties and obligations thereunder of the Security Guarantors, the Trustee and the Holders.
Security Guarantees. Any series of Securities may be the subject of Security Guarantees. Security Guarantees will be created or added to any series of Securities by the execution of a supplemental indenture, as described in Article IX hereof, by the applicable Security Guarantor(s), the Company and the Trustee. The terms of any such Security Guarantee will be set forth in such supplemental indenture for that particular series of Securities. (Signature page follows)
Security Guarantees. (a) The Guarantors shall fully and unconditionally guarantee, on an unsecured, senior, joint and several basis, to each Holder of such Securities and to the Trustee and its successors and assigns on behalf of each Holder, the full payment of principal of, premium, if any, interest, if any, on, and all other monetary obligations of the Issuer under this Indenture and such Securities (including obligations to the Trustee) with respect to each Security authenticated and delivered by the Trustee or its agent pursuant to and in accordance with this Indenture, in accordance with the terms of this Indenture (all the foregoing being hereinafter collectively called the “Obligations”). The Guarantors further agree that the Obligations may be extended or renewed, in whole or in part, without notice or further assent from the Guarantors and that the Guarantors shall remain bound under this Article Fifteen notwithstanding any extension or renewal of any Obligation. All payments under such Security Guarantee will be made in the currency of the applicable Securities. The Guarantors hereby agree that their obligations hereunder shall be as if they were principal debtor and not merely surety, unaffected by, and irrespective of, any validity, irregularity or unenforceability of any such Security or this Indenture, any failure to enforce the provisions of any such Security or this Indenture, any waiver, modification or indulgence granted to the Issuer with respect thereto by the Holders or the Trustee, or any other circumstance which may otherwise constitute a legal or equitable discharge of a surety or guarantor (except payment in full); provided, however, that, notwithstanding the foregoing, no such waiver, modification, indulgence or circumstance shall without the written consent of the Guarantors increase the principal amount of any such Security or the interest rate thereon or change the currency of payment with respect to any such Security, or alter the Stated Maturity thereof. The Guarantors hereby waive diligence, presentment, demand of payment, filing of claims with a court in the event of merger or bankruptcy of the Issuer, any right to require that the Trustee pursue or exhaust its legal or equitable remedies against the Issuer prior to exercising its rights under the Security Guarantee (including, for the avoidance of doubt, any right which the Guarantors may have to require the seizure and sale of the assets of the Issuer to satisfy the outstanding principal of,...
Security Guarantees. 81 SECTION 1702. Successors and Assigns................................................................ 83 SECTION 1703. No Waiver............................................................................. 83 SECTION 1704. Modification.......................................................................... 83
Security Guarantees. (a) Notwithstanding any provision of this Article 10 to the contrary, the provisions of this Article 10 will be applicable only to, and inure solely to the benefit of, the Securities of any Series designated, pursuant to Section 2.02(x), as entitled to the benefits of the Security Guarantee of each Guarantor identified in such designation and that has executed a Notation of Guarantee with respect to such Series.
Security Guarantees. 66 SECTION 1601.
Security Guarantees. 97 SECTION 13.02.
