THE GUARANTEE

THE GUARANTEE. The Guarantor hereby irrevocably guarantees to the Administrative Agent for the benefit of the Lenders and their respective successors and assigns the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of the principal of and interest on the Loans made by the Lenders to Holdings and all indebtedness of Holdings to any of the Lenders in respect of any Interest Rate Hedging Transactions entered into by Hold ings pursuant to Section 8.2.1 of the Credit... Agreement and all other amounts from time to time owing to the Lenders or the Administrative Agent under the Credit Agreement, in each case strictly in accordance with the terms thereof (such obliga tions being herein collectively called the "GUARANTEED OBLIGATIONS"). The Guarantor hereby further agrees that if Holdings shall full to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantor will promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal. View More