Absolute Guaranty of all Guaranteed Obligations. Guarantor unconditionally and irrevocably guarantees Seller’s prompt and complete payment, observance, fulfillment, and performance of all Guaranteed Obligations when due. Guarantor shall be liable for, and obligated to pay and perform, all Guaranteed Obligations when due. All assets and property of Guarantor shall be subject to recourse if Guarantor fails to pay and perform any Guaranteed Obligation(s) when and as required to be paid and performed pursuant to the Transaction Documents.
Appears in 3 contracts
Samples: Payment Guaranty, Payment Guaranty (Benefit Street Partners Realty Trust, Inc.), Payment Guaranty (Ares Commercial Real Estate Corp)
Absolute Guaranty of all Guaranteed Obligations. Guarantor unconditionally and irrevocably guarantees Seller’s prompt and complete payment, observance, fulfillment, and performance of all Guaranteed Obligations when dueObligations. Guarantor shall be personally liable for, and personally obligated to pay and perform, all Guaranteed Obligations when dueObligations. All assets and property of Guarantor shall be subject to recourse if Guarantor fails to pay and perform any Guaranteed Obligation(s) when and as required to be paid and performed pursuant to the Transaction Repurchase Documents.
Appears in 2 contracts
Samples: Parent Guaranty and Indemnity (KBS Real Estate Investment Trust, Inc.), Parent Guaranty and Indemnity (KBS Real Estate Investment Trust, Inc.)
Absolute Guaranty of all Guaranteed Obligations. (a) Subject to clause (b) below, Guarantor hereby unconditionally and irrevocably guarantees Seller’s to Buyer the prompt and complete payment, observance, fulfillment, payment and performance by Seller when due (whether at the stated maturity, by acceleration or otherwise) of all the Guaranteed Obligations when due. Guarantor shall be liable for, and obligated to pay and perform, all Guaranteed Obligations when dueObligations. All assets and property of Guarantor shall be subject to recourse if Guarantor fails to pay and perform any Guaranteed Obligation(s) when and as required to be paid and performed pursuant to the Transaction Documents.
Appears in 2 contracts
Samples: Limited Guaranty, Limited Guaranty (Blackstone Mortgage Trust, Inc.)