Common use of The Exchange Guarantees Clause in Contracts

The Exchange Guarantees. The Exchange Guarantees have been duly authorized by the Guarantors and if and when executed and delivered by the Guarantors in accordance with the terms of the Indenture and upon the due execution and authentication of the Exchange Notes in accordance with the Indenture and the issuance and delivery of the Exchange Notes in the Exchange Offer contemplated by the Registration Rights Agreement, will be validly issued will constitute valid and binding obligations of the Guarantors, enforceable against each of the Issuers in accordance with their terms, except as enforcement thereof may be limited by the Enforceability Exceptions, and will be in the form contemplated by, and entitled to the benefits of, the Indenture.