Existing Guaranty Clause Samples

Existing Guaranty. The Guaranty is intended to be supplemental to, and not in limitation of, any existing guaranty in favor of the Secured Party to secure the Obligations. All such existing guaranty, and any rights of the Secured Party in connection therewith, shall remain in full force and effect in accordance with their respective terms.
Existing Guaranty. Upon the execution of this Guaranty by the Guarantors party hereto, this Guaranty shall exclusively control and govern the mutual rights and obligations of the parties hereto with respect to the Existing Guaranty, and the Existing Guaranty shall be superseded by this Guaranty in all respects.
Existing Guaranty. The “Guaranty” (as defined in the Existing Credit Agreement).
Existing Guaranty. Upon the execution of this Guaranty by the Guarantors party hereto, this Guaranty shall exclusively control and govern the mutual rights and obligations of the parties hereto with respect to that certain (i) Guaranty dated June 4, 2013 by the Guarantors (as defined therein party thereto) in favor of Administrative Agent (the “Subsidiaries Guaranty”), (ii) Guaranty dated June 4, 2013 by Sovran Holdings, Inc., a Delaware corporation, in favor of Administrative Agent (the “Holdings Guaranty”), (iii) Guaranty dated April 1, 2014 by Sovran Cameron, LLC, a Delaware limited liability company, in favor of Administrative Agent (the “Cameron Guaranty”) and (iv) Guaranty dated April 1, 2014 by Sovran Congress, LLC, a Delaware limited liability company, in favor of Administrative Agent (the “Congress Guaranty”; together with the Subsidiaries Guaranty, Holdings Guaranty and Cameron Guaranty, collectively, the “Existing Guaranty”), and the Existing Guaranty shall be superseded by this Guaranty in all respects.
Existing Guaranty. All indebtedness, obligations, and liabilities created by the Existing Guaranty shall continue unimpaired and in full force and effect, as restated in this Agreement. This Agreement does not constitute a novation of the obligations and liabilities existing under the Existing Guaranty, and this Agreement evidences the obligations of the Guarantors under the Existing Guaranty as continued and restated hereby.
Existing Guaranty. This Guaranty amends and restates in its entirety the Existing Guaranty, provided that the obligations of Guarantor under the Existing Guaranty shall continue under this Guaranty, and shall not in any event be terminated, extinguished or annulled, but shall hereafter be governed by this Guaranty. [Remainder of page intentionally left blank.]
Existing Guaranty. Each Fountain Corporation that is a party to the Existing Guaranty hereby acknowledges and consents to the amendments to the Existing GECC Note, the Existing Aircraft Note and all of the Security Documents executed and delivered in connection with the loans evidenced by the Existing GECC Note and the Existing Aircraft Note, whether effected hereby or by any instrument, agreement or amendment to be delivered pursuant to Article 3 and agrees that (a) each reference in the Existing Guaranty to the Loan Agreement shall be deemed to refer to this Agreement as amended from time to time, (b) each reference, if any, in the Existing Guaranty to the Existing Aircraft Note or the Existing GECC Note shall be deemed to refer to the Amended Aircraft Note and the Amended GECC Note, respectively, (c) the liabilities, indebtedness and obligations the payment and performance of which has been guaranteed pursuant to the Existing Guaranty shall be and hereby is expanded to include any and all of the Obligations, whether the same shall be due or owing to GECC, Transamerica, any other Lender or the Agent, (d) the Existing Guaranty and each such Fountain Corporation's liabilities and obligations thereunder are and shall remain in full force and effect in accordance with the terms and provisions of the Existing Guaranty as modified, supplemented and/or amended by the provisions of this Section, and (e) nothing in this Agreement or in any instrument, agreement or amendment delivered pursuant to Article 3 shall alter, limit, diminish or impair such Fountain Corporation's obligations under the Existing Guaranty except to the extent that the indebtedness and obligations of the Borrower, the payment of which such Fountain Corporation has guaranteed pursuant to the Existing Guaranty, have been altered by the provisions of this Agreement or any instrument, agreement or amendment delivered pursuant to Article 3.
Existing Guaranty. The obligations of the Company under the Existing Note Purchase Agreement and the Existing Notes were, and the obligations of the Company hereunder and under the Notes shall continue to be absolutely, unconditionally and irrevocably guaranteed by G&K Services, Co., a Minnesota corporation (the “G&K Subsidiary Guarantor”), pursuant to that certain Subsidiary Guaranty Agreement dated as of April 15, 2013 (as the same may be amended, supplemented, restated or otherwise modified from time to time, the “G&K Subsidiary Guaranty”).
Existing Guaranty. Existing Guarantor shall remain liable under the Existing Guaranty for all indebtedness and obligations of Maker and Borrower under the Loan Documents, and Existing Guarantor shall not be released from any liability or obligations on account of the transactions evidenced by this Agreement or the Deed.

Related to Existing Guaranty

  • Continuing Guaranty This Guaranty is a continuing guaranty and shall remain in effect until all of the Guaranteed Obligations shall have been paid in full and the Revolving Commitments shall have terminated and all Letters of Credit shall have expired or been cancelled. Each Guarantor hereby irrevocably waives any right to revoke this Guaranty as to future transactions giving rise to any Guaranteed Obligations.

  • Continuing Guarantee This guarantee is a continuing guarantee and will extend to the ultimate balance of sums payable by any Obligor under the Finance Documents, regardless of any intermediate payment or discharge in whole or in part.

  • Continuing Guaranty; Assignments This Article XI is a continuing guaranty and shall (a) remain in full force and effect until the later of the cash payment in full of the Guaranteed Obligations (other than Contingent Indemnity Obligations) and all other amounts payable under this Article XI and the Final Maturity Date, (b) be binding upon each Guarantor, its successors and assigns and (c) inure to the benefit of and be enforceable by the Secured Parties and their successors, pledgees, transferees and assigns. Without limiting the generality of the foregoing clause (c), any Lender may pledge, assign or otherwise transfer all or any portion of its rights and obligations under this Agreement (including, without limitation, all or any portion of its Commitments, its Loans owing to it) to any other Person, and such other Person shall thereupon become vested with all the benefits in respect thereof granted such Lender herein or otherwise, in each case as provided in Section 12.07.

  • Continuing Guaranty; Assignments under the Credit Agreement This Guaranty is a continuing guaranty and shall (a) remain in full force and effect until the latest of (i) the payment in full in cash of the Guaranteed Obligations and all other amounts payable under this Guaranty, (ii) the Maturity Date and (iii) the latest date of expiration, termination or Cash Collateralization or provision of Credit Support therefor of all Letters of Credit and the expiration or termination of all Secured Hedge Agreements, (b) be binding upon each Guarantor, its successors and assigns and (c) inure to the benefit of and be enforceable by the Secured Parties and their successors, transferees and assigns. Without limiting the generality of clause (c) of the immediately preceding sentence, any Secured Party may assign or otherwise transfer all or any portion of its rights and obligations under the Credit Agreement (including, without limitation, all or any portion of its Commitments, the Loans owing to it and the Note or Notes held by it) to any other Person, and such other Person shall thereupon become vested with all the benefits in respect thereof granted to such Secured Party herein or otherwise, in each case as and to the extent provided in Section 10.07 of the Credit Agreement. Subject to Section 7.04 of the Credit Agreement, no Guarantor shall have the right to assign its rights hereunder or any interest herein without the prior written consent of the Secured Parties.

  • Guarantee of Payment; Continuing Guarantee The guarantee in this Article IV is a guaranty of payment and not of collection, is a continuing guarantee, and shall apply to all Obligations whenever arising.