Common use of Retention of this Guarantee Clause in Contracts

Retention of this Guarantee. The Finance Parties shall be entitled to retain this Guarantee after as well as before the payment or discharge of all the Guaranteed Liabilities for such period as the Agent may reasonably determine but the Finance Parties shall deliver this Guarantee to each Guarantor in any event upon the Guaranteed Liabilities being paid or discharged in full and the Finance Parties being satisfied that no such avoidance, setting aside or order such as is referred to in clause 10.11 is likely to occur or be made.