Guarantee by Guarantor Sample Clauses

Guarantee by Guarantor. The Guarantor hereby irrevocably, absolutely and unconditionally guarantees, as a primary obligation and not as a surety, to the Sellers the payment and performance of the obligations of the Buyer under this Agreement (in each case, subject to all limitations, qualifications, terms and conditions of the Buyer’s obligations set forth herein), including, for the avoidance of doubt, any obligations of the Buyer under Section 11.3 of this Agreement. This guaranty is an absolute, unconditional and continuing guaranty of payment and performance and not of collectability, irrespective of the validity, legality or enforceability of this Agreement or any other document or instrument contemplated hereby. The Guarantor waives promptness, diligence, presentment, demand, protest, notice of acceptance, notice of any obligations incurred and all other notices of any kind, all defenses which may be available by virtue of any valuation, stay, moratorium law or other similar law now or hereafter in effect, any right to require the marshalling of assets of the Guarantor, any of its Affiliates or any other entity or other Person primarily or secondarily liable with respect to any of the guaranteed obligations, and all suretyship defenses generally. If any payment in respect of any of the guaranteed obligations is rescinded after receipt by the Sellers, the guaranty hereunder shall be automatically reinstated as if no such payment had ever been made. The Guarantor agrees that the Sellers shall not be required to prosecute collection, enforcement or other remedies against the Guarantor or to enforce or resort to any rights or remedies pertaining thereto, before calling on the Guarantor for payment or performance. The Guarantor hereby waives any and all notice of the creation, renewal, extension or accrual of the obligations of the Guarantor set forth in this Agreement and notice of or proof of reliance by the Sellers upon this Section 11.11 or acceptance of this Section 11.11. The guaranty provided by the Guarantor pursuant to this Section 11.11 is an unconditional guarantee of payment and not of collection and is in no way conditioned upon any requirement that the Buyer or any other Person first attempt to collect any amounts from any Seller or resort to any security or other means of collecting payments required to be made by the Sellers hereunder. The Guarantor acknowledges that it will receive substantial direct and indirect benefits from the transactions contemplated by th...
AutoNDA by SimpleDocs
Guarantee by Guarantor. 13.1 The Guarantor, as primary obligor, unconditionally and irrevocably guarantees, by way of continuing guarantee to the Sellers the payment and performance by the Purchaser, when due, of all amounts and obligations under this Agreement and the other Transaction Documents. This guarantee shall remain in full force and effect until all such amounts and obligations have been irrevocably paid and discharged in full.
Guarantee by Guarantor. (a )Guarantor represents and warrants to the Company as follows:
Guarantee by Guarantor. Subject to Section 1.07 hereof, each of the Guarantors, on a several basis, hereby unconditionally, irrevocably, and absolutely guarantees to Investor (i) the due and punctual payment and collectibility of the principal of, and the premium, if any, and interest (including interest accruing on or after the filing of any petition in bankruptcy or reorganization, whether or not a claim for post-filing interest is allowed in such proceeding) on, all obligations of Borrower under the Note, when and as the same shall become due and payable, whether at maturity of such obligations, by acceleration, or otherwise, (ii) the due and punctual payment and collectibility of interest on the overdue principal of, and premium and interest, if any, on, all obligations of Borrower under the Note, to the extent lawful, (iii) the due and punctual performance of all of the covenants, agreements, and other obligations of Borrower to Investor in accordance with the terms of the Note, and (iv) in the case of any extension of time of payment or renewal of any of the obligations of Borrower under the Note, that the same will be promptly paid in full when due or performed in accordance with the terms of such extension or renewal, at stated maturity, by acceleration, or otherwise.
Guarantee by Guarantor. The Guarantor hereby irrevocably guarantees for a period of twelve (12) months after the Closing Date (i) the due and punctual payment in full when due of any and all sums, whether fees, expenses, indemnities or other amounts payable by Buyer, pursuant to or arising under, out of or in connection with this Agreement, and (ii) the prompt and complete performance by Buyer of all other terms and provisions of this Agreement (the obligations to pay all such sums and perform all such terms and provisions are hereafter collectively referred to as the “Buyer’s Guaranteed Obligations”). A notice to the Guarantor for Buyer’s failure in performance of the Guaranteed Obligations shall be deemed sufficient that the Guarantor must perform the Guaranteed Obligations. Except for such notice, the Guarantor waives all other rights to other notice, presentment, demand and protest and any right to require Seller to proceed against Buyer or to pursue or exhaust any remedy in respect of the Guaranteed Obligations against Buyer or any other person or entity.
Guarantee by Guarantor. The Guarantor hereby guarantees the full and prompt payment and fulfillment of all obligations of Lessee under this Lease for the entire Term. This guaranty is a guaranty of payment and not of collection, and Lessor is not required to first attempt to collect or to obtain performance from Lessee before requesting Guarantor to satisfy and/or to perform Lessee's's obligations hereunder. Guarantor waives notice of any breach or default by Lessee under this Lease. The liability of Guarantor under this guarantee will not be released or affected by:
Guarantee by Guarantor. The Company covenants that it will cause any Subsidiary to execute and deliver to the holders of Securities such appropriate documents, including this Agreement and the Guarantee, upon becoming a Subsidiary of the Company to become a Guarantor under this Agreement and the Guarantee.
AutoNDA by SimpleDocs
Guarantee by Guarantor. In order to induce the Buyer to enter into this Agreement and in recognition of the benefits flowing to the Guarantor from the consummation of the transactions contemplated hereby, the Guarantor shall enter into the Guaranty Agreement.
Guarantee by Guarantor. Guarantor hereby unconditionally and irrevocably guarantees the payment and performance of Imagine under the Put/Call option, including without limitation the timely payment of the Purchase Price, including any increase in the Purchase Price following default and collection expenses. Imagine and Guarantor agree that if the Put or Call is exercised, payment of the Purchase Price shall be made in full without offset, deduction, setoff or defense of any kind or nature whatsoever, and the entire Purchase Price must be paid in cash.
Guarantee by Guarantor. Guarantor agrees to cause Buyer, subject to the terms and conditions set forth in this Agreement, to perform any and all of its obligations under this Agreement, and irrevocably guarantees to Seller the performance by Buyer of any and all such obligations.
Time is Money Join Law Insider Premium to draft better contracts faster.