Common use of Guarantor Revocation Clause in Contracts

Guarantor Revocation. Any guarantor of the Obligations shall terminate or revoke any of its obligations under the applicable Guaranty or breach any of the material terms of such Guaranty.

Appears in 6 contracts

Sources: Revolving Credit Agreement (Johnson Outdoors Inc), Credit Agreement (Thomas Industries Inc), Credit Agreement (Kaydon Corp)

Guarantor Revocation. Any guarantor of the Obligations shall deny, disaffirm, terminate or revoke any of its obligations under the applicable Guaranty (except in accordance with Section 11.15 hereof) or breach any of the material terms of such Guaranty.

Appears in 5 contracts

Sources: 364 Day Revolving Credit Agreement (Acuity Brands Inc), 5 Year Revolving Credit Agreement (Acuity Brands Inc), 364 Day Revolving Credit Agreement (L&c Spinco Inc)

Guarantor Revocation. Any guarantor of the Obligations shall terminate or revoke revoke, or take any action to revoke, any of its duties or obligations under the applicable Guaranty or breach any of the material terms of such Guaranty.

Appears in 5 contracts

Sources: Credit Agreement (Alion Science & Technology Corp), Credit Agreement (Alion Science & Technology Corp), Credit Agreement (Alion Science & Technology Corp)

Guarantor Revocation. Any guarantor Guarantor of the Obligations shall terminate or revoke any of its obligations under the applicable Guaranty or breach any of the material terms of such Guaranty.

Appears in 4 contracts

Sources: Credit Agreement (Chicago Bridge & Iron Co N V), Term Loan Agreement (Chicago Bridge & Iron Co N V), Credit Agreement (Chicago Bridge & Iron Co N V)

Guarantor Revocation. Any guarantor of the Obligations shall terminate or revoke any of its obligations under the applicable Guaranty or breach any of the material terms of such Guaranty.

Appears in 2 contracts

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

Guarantor Revocation. Any guarantor of the Obligations shall terminate or revoke any of its obligations under the applicable Guaranty or breach any of the material terms of such Subsidiary Guaranty.

Appears in 2 contracts

Sources: Term Loan Credit Agreement (Woodward, Inc.), Term Loan Credit Agreement (Woodward Governor Co)

Guarantor Revocation. Any guarantor of the Obligations shall terminate or revoke any of its obligations under the applicable Subsidiary Guaranty or breach any of the material terms of such the Subsidiary Guaranty.

Appears in 2 contracts

Sources: Credit Agreement (Woodward Governor Co), Credit Agreement (Woodward Governor Co)

Guarantor Revocation. Any guarantor of the Obligations shall -------------------- deny, disaffirm, terminate or revoke any of its obligations under the applicable Guaranty (except in accordance with Section 10.15 hereof) or breach any of the material terms of such Guaranty.

Appears in 1 contract

Sources: Revolving Credit Agreement (Stepan Co)

Guarantor Revocation. Any guarantor of the Obligations shall deny, disaffirm, terminate or revoke any of its obligations under the applicable Guaranty (except in accordance with Section 10.15 hereof) or breach any of the material terms of such Guaranty.

Appears in 1 contract

Sources: Revolving Credit Agreement (Stepan Co)

Guarantor Revocation. Any guarantor of the Obligations Entity Guarantor shall attempt to terminate or revoke any Guaranty of its obligations under the applicable Guaranty Obligations or breach any of the material terms of such Guaranty.

Appears in 1 contract

Sources: Credit Agreement (Creative Realities, Inc.)

Guarantor Revocation. Any guarantor of the Obligations shall terminate or revoke any of its obligations under the applicable a Guaranty (other than as expressly permitted hereunder) or breach any of the material terms of such its respective Guaranty.

Appears in 1 contract

Sources: Credit Agreement (Arvinmeritor Inc)

Guarantor Revocation. Any guarantor of the Obligations shall terminate or revoke or refuse to perform any of its payment obligations under the applicable Guaranty guaranty or breach any of the material other terms of such Guarantyguaranty.

Appears in 1 contract

Sources: Credit Agreement (Janel Corp)

Guarantor Revocation. Any guarantor Other than in connection with the release of the Obligations a Guarantor in connection with a transaction permitted under this Agreement, any Guarantor shall terminate or revoke any of its obligations under the applicable Guaranty or breach any of the material terms of such the Guaranty.

Appears in 1 contract

Sources: Credit Agreement (Catalina Marketing Corp/De)

Guarantor Revocation. Any guarantor of the Guaranteed Obligations shall terminate or revoke any of its obligations under the applicable Guaranty or breach any of the material terms of such Guaranty.

Appears in 1 contract

Sources: Credit Agreement (Blueknight Energy Partners, L.P.)

Guarantor Revocation. Any guarantor of the Obligations shall -------------------- terminate or revoke any of its obligations under the applicable Guaranty or breach any of the material terms of such Guaranty.

Appears in 1 contract

Sources: Credit Agreement (Roper Industries Inc /De/)