Common use of Cross-Guaranty Clause in Contracts

Cross-Guaranty. Each Guarantor, jointly and severally, hereby absolutely and unconditionally guarantees to the Agent, the Lenders, the Holders and their respective successors and assigns the full and prompt payment (whether at stated maturity, by acceleration or otherwise) and performance of, all Obligations. Each Guarantor agrees that its guaranty obligation hereunder is a continuing guaranty of payment and performance and not of collection, that its obligations under this Article 9 shall not be discharged until payment and performance, in full, of the Obligations under the Transaction Documents has occurred and all commitments (if any) to lend hereunder have been terminated, and that its obligations under this Article 9 shall be absolute and unconditional, irrespective of, and unaffected by:

Appears in 7 contracts

Samples: Financing Agreement (Elevate Credit, Inc.), Financing Agreement (Elevate Credit, Inc.), Financing Agreement (Elevate Credit, Inc.)

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Cross-Guaranty. Each Guarantor, jointly and severally, hereby absolutely and unconditionally guarantees to the Agent, the Lenders, the Holders Lender and their respective its successors and assigns the full and prompt payment (whether at stated maturity, by acceleration or otherwise) and performance of, all Obligations. Each Guarantor agrees that its guaranty obligation hereunder is a continuing guaranty of payment and performance and not of collection, that its obligations under this Article Section 9 shall not be discharged until payment and performance, in full, of the Obligations under the Transaction Documents (other than Unasserted Contingent Obligations) has occurred and all commitments (if any) to lend hereunder have been terminated, and that its obligations under this Article Section 9 shall be absolute and unconditional, irrespective of, and unaffected by:

Appears in 1 contract

Samples: Financing Agreement (Midwest Energy Emissions Corp.)

Cross-Guaranty. Each Guarantor, jointly and severally, hereby absolutely and unconditionally guarantees to the Agent, the Lenders, the Holders and their respective successors and assigns the full and prompt payment (whether at stated maturity, by acceleration or otherwise) and performance of, all Obligations. Each Guarantor agrees that its guaranty obligation hereunder is a continuing guaranty of payment and performance and not of collection, that its obligations under this Article ARTICLE 9 shall not be discharged until payment and performance, in full, of the Obligations obligations under the Transaction Documents has occurred and all commitments (if any) to lend hereunder have been terminated, and that its obligations under this Article ARTICLE 9 shall be absolute and unconditional, irrespective of, and unaffected by:

Appears in 1 contract

Samples: Financing Agreement (Wave2Wave Communications, Inc.)

Cross-Guaranty. Each Guarantor, jointly and severally, hereby absolutely and unconditionally guarantees to the Agent, the Lenders, the Holders Lender and their respective its successors and assigns the full and prompt payment (whether at stated maturity, by acceleration or otherwise) and performance of, all Obligations. Each Guarantor agrees that its guaranty obligation hereunder is a continuing guaranty of payment and performance and not of collection, that its obligations under this Article ARTICLE 9 shall not be discharged until payment and performance, in full, of the Obligations under the Transaction Documents (other than Unasserted Contingent Obligations) has occurred and all commitments (if any) to lend hereunder have been terminated, and that its obligations under this Article ARTICLE 9 shall be absolute and unconditional, irrespective of, and unaffected by:

Appears in 1 contract

Samples: Financing Agreement (Midwest Energy Emissions Corp.)

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Cross-Guaranty. Each Guarantor, jointly and severally, hereby absolutely and unconditionally guarantees to the Agent, the Lenders, the Holders Lender and their respective its successors and assigns the full and prompt payment (whether at stated maturity, by acceleration or otherwise) and performance of, all Obligations. Each Guarantor agrees that its guaranty obligation hereunder is a continuing guaranty of payment and performance and not of collection, that its obligations under this Article Section 9 shall not be discharged until payment and performance, in full, of the Obligations under the Transaction Documents (other than Unasserted Contingent Obligations) has occurred and all commitments (if any) to lend hereunder have been terminated, and that its obligations under this Article Section 9 shall be absolute and unconditional, irrespective of, and unaffected by:: 72

Appears in 1 contract

Samples: Financing Agreement (Midwest Energy Emissions Corp.)

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