Common use of Buyer Guarantee Clause in Contracts

Buyer Guarantee. (a) Buyer Guarantor hereby irrevocably and unconditionally guarantees to Sellers the prompt and full discharge by Buyer of all of Buyer’s covenants, agreements, obligations and liabilities under this Agreement and the other Transaction Agreements, including the due and punctual payment of all amounts which are or may become due and payable by Buyer hereunder and thereunder when and as the same shall become due and payable (collectively, the “Buyer Obligations”), in accordance with the terms hereof and thereof. Buyer Guarantor acknowledges and agrees that, with respect to all Buyer Obligations to pay money, such guaranty shall be a guaranty of payment and performance and not of collection and shall not be conditioned or contingent upon the pursuit of any remedies against Buyer. If Buyer shall default in the due and punctual performance of any Buyer Obligation, including the full and timely payment of any amount due and payable pursuant to any Buyer Obligation, Buyer Guarantor will forthwith perform or cause to be performed such Buyer Obligation and will forthwith make full payment of any amount due with respect thereto at its sole cost and expense.

Buyer Guarantee. (a) Buyer Guarantor hereby irrevocably and unconditionally guarantees to Sellers Seller the prompt and full discharge by Buyer of all of Buyer’s its covenants, agreements, obligations and liabilities under this Agreement and the other Transaction AgreementsDocuments, including the due and punctual payment of all amounts which are or may become due and payable by Buyer hereunder and thereunder when and as the same shall become due and payable (collectively, the “Buyer Obligations”), in accordance with the terms hereof and thereof. Buyer Guarantor acknowledges and agrees that, with respect to all Buyer Obligations to pay money, such guaranty shall be a guaranty of payment and performance and not of collection and shall not be conditioned or contingent upon the pursuit of any claim or remedies against Buyer. If Buyer shall default in the due and punctual performance of any Buyer Obligation, including the full and timely payment of any amount due and payable pursuant to any Buyer Obligation, Buyer Guarantor will forthwith perform or cause to be performed such Buyer Obligation and will forthwith make full payment of any amount due with respect thereto at its sole cost and expense.

Buyer Guarantee. (a) The Buyer Guarantor hereby irrevocably and unconditionally guarantees to Sellers the prompt WM Parent and the ADS Parent the punctual and full payment, performance and discharge by the Buyer or its assignees of all of Buyer’s the covenants, agreements, obligations and liabilities of the Buyer or its assignees under this Agreement and the other Transaction AgreementsAgreement, including the due and punctual payment of all amounts which are or may become if and when due and payable by the Buyer or its assignees hereunder and thereunder when and as the same shall become due and payable (collectively, the “Buyer Obligations”), in accordance with the terms hereof and thereofhereof. The Buyer Guarantor acknowledges and agrees that, with respect to all Buyer Obligations to pay money, such guaranty shall be a guaranty of payment and performance and not of collection and shall not be conditioned or contingent upon the pursuit of any remedies against Buyercollection. If the Buyer or its assignees shall default in the due and punctual performance of any Buyer Obligation, including the full and timely punctual payment of any amount due and payable pursuant to any Buyer Obligation, the Buyer Guarantor will forthwith immediately perform or cause to be performed such Buyer Obligation and will forthwith immediately make full payment of any amount due with respect thereto at its sole cost and expense.