Common use of Effectiveness of Release Clause in Contracts

Effectiveness of Release. No release of a Guarantor of Payment under this Section 5.18 shall be effective until such release has been given in writing by Agent. Any Guarantor of Payment not so released in writing shall remain liable for the full amount of the Obligations.

Appears in 2 contracts

Sources: Credit Agreement (Cintas Corp), Credit Agreement (Cintas Corp)