Assignor Guarantee Sample Clauses

Assignor Guarantee. Assignor does hereby in all respects guarantee the due and proper performance of the services to be provided under the Agreement by the Assignee, which guarantee shall extend to include any renewal or amendment to the Agreement, provided Assignor's obligations are not materially increased by such renewal or amendment without the Assignor's consent, such consent not to be unreasonably withheld. If the Assignee fails to perform all or any of its obligations, duties, undertakings, and covenants to provide services or make payments (collectively, the “Guaranteed Obligations”) under the Agreement (unless relieved from the performance of any part of the Agreement by statute, by the decision of a court or tribunal of competent jurisdiction or by written waiver of the REIT), upon written notice from the REIT, the Assignor shall perform or cause to be performed such Guaranteed Obligations. The termination of the Agreement shall constitute a termination of this guarantee with respect to the future performance of the Guaranteed Obligations, but no termination of the Agreement shall terminate or limit the obligations of the Assignor under this guarantee arising or accruing prior to such termination. This guarantee will be applicable to and binding upon the successors and assigns of Assignor. Assignor joins in this Assignment and Assumption as a signatory hereto for the purposes set forth in this Paragraph 4.