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Exhibit 10.16
GUARANTEE
For value received, each Subsidiary
Guarantor (which term includes any successor Person under the
Indenture) hereby fully and unconditionally, jointly and severally,
guarantees on a senior basis (the “Subsidiary
Guarantee” ) (i) the due and punctual payment of the
principal of and interest on the Notes, whether at maturity, by
acceleration or otherwise, the due and punctual payment of interest
on the overdue principal and interest, if any, on the Notes, to the
extent lawful, and the due and punctual performance of all other
obligations of the Company to the Holders or the Trustee all in
accordance with the terms set forth in Article Eleven of the
Indenture (as defined below) and (ii) in case of any extension of
time of payment or renewal of any Notes or any such other
obligations, that the same shall be promptly paid in full when due
or performed in accordance with the term
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