Common use of Guaranty of the Obligations Clause in Contracts

Guaranty of the Obligations. Subject to the provisions of Section 7.2, Guarantors jointly and severally hereby irrevocably and unconditionally guaranty to the Lenders for the ratable benefit of the Lenders the due and punctual payment in full in cash of all Obligations when the same shall become due, whether at stated maturity, by required prepayment, declaration, acceleration, demand or otherwise (including amounts that would become due but for the operation of the automatic stay under Section 362(a) of the Bankruptcy Code (collectively, the “Guaranteed Obligations”).

Appears in 2 contracts

Samples: Counterpart Agreement (Isola Group Ltd.), Counterpart Agreement (Isola Group Ltd.)

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Guaranty of the Obligations. Subject to the provisions of Section 7.2, (a) Guarantors jointly and severally hereby irrevocably and unconditionally guaranty to the Lenders for the ratable benefit of the Lenders Lender the due and punctual payment in full in cash of all Obligations when the same shall become due, whether at stated maturity, by required prepayment, declaration, acceleration, demand or otherwise (including amounts that would become due but for the operation of the automatic stay under Section 362(a) of the Bankruptcy Code Code) (collectively, the “Guaranteed Obligations”).

Appears in 2 contracts

Samples: Loan Agreement (HeartWare International, Inc.), Loan Agreement (Thoratec Corp)

Guaranty of the Obligations. Subject to the provisions of Section 7.214.2, Guarantors jointly and severally hereby irrevocably and unconditionally guaranty to the Lenders for the ratable benefit of the Agent and Lenders the due and punctual payment in full in cash of all Obligations when the same shall become due, whether at stated maturity, by required prepayment, declaration, acceleration, demand or otherwise (including amounts that would become due but for the operation of the automatic stay under Section 362(a) of the Bankruptcy Code Code) (collectively, the “Guaranteed Obligations”).

Appears in 1 contract

Samples: Loan and Security Agreement (Us Concrete Inc)

Guaranty of the Obligations. Subject to the provisions of Section 7.2, Guarantors jointly and severally hereby irrevocably and unconditionally guaranty to the Lenders for the ratable benefit of the Lenders the due and punctual payment in full in cash of all Obligations (including Hedge Agreements) of Company when the same shall become due, whether at stated maturity, by required prepayment, declaration, acceleration, demand or otherwise (otherwise, including amounts that would become due but for the operation of the automatic stay under Section 362(a) or any other provision of the Bankruptcy Code (collectively, the “Guaranteed Obligations”).

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Simmons Co)

Guaranty of the Obligations. Subject to the provisions of Section 7.2, Guarantors jointly and severally Guarantor hereby irrevocably and unconditionally guaranty guarantees to the Lenders for the ratable benefit of the Lenders the due and punctual payment in full in cash of all Obligations when the same shall become due, whether at stated maturity, by required prepayment, declaration, acceleration, demand or otherwise (including amounts that would become due but for the operation of the automatic stay under Section 362(a) of the Bankruptcy Code Code, 11 U.S.C. § 362(a) or under any other applicable bankruptcy, insolvency or similar law now or hereafter in effect) (collectively, the “Guaranteed Obligations”).

Appears in 1 contract

Samples: Note Purchase and Security Agreement and Guaranty (Earthlink Inc)

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Guaranty of the Obligations. Subject to the provisions of Section 7.214.2, Guarantors jointly and severally hereby irrevocably and unconditionally guaranty to the Lenders for the ratable benefit of the Agent and Lenders the due and punctual payment in full in cash of all Obligations (other than Excluded Swap Obligations) when the same shall become due, whether at stated maturity, by required prepayment, declaration, acceleration, demand or otherwise (including amounts that would become due but for the operation of the automatic stay under Section 362(a) of the Bankruptcy Code Code) (collectively, the “Guaranteed Obligations”).

Appears in 1 contract

Samples: Loan and Security Agreement (U.S. Concrete, Inc.)

Guaranty of the Obligations. Subject to the provisions of Section 7.211.2, the Guarantors jointly and severally hereby irrevocably and unconditionally guaranty to the Lenders for the ratable benefit of the Lenders each holder the due and punctual payment in full in cash of all Obligations obligations of the Company hereunder when the same shall become due, whether at stated maturity, by required prepayment, declaration, acceleration, demand or otherwise (including amounts that would become due but for the operation of the automatic stay under Section 362(a) of the Bankruptcy Code Code) (collectively, the “Guaranteed Obligations”).

Appears in 1 contract

Samples: Note Purchase and Guaranty Agreement (American Midstream Partners, LP)

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