Guarantee of Sample Clauses

Guarantee of. Materials 8. Landlord shall unconditionally guarantee all work performed by or for Landlord in the construction of the Demised Premises against defective workmanship and materials for the period of one (1) year from the Commencement Date (or such longer period as may be specified in the Plans). Landlord shall assign to Tenant any and all guarantees and/or warranties of workmanship and materials which it may receive or which are required in the Plans with respect to those portions of the Demised Premises required to be maintained and repaired by Tenant hereunder. Landlord shall correct all punchlist items specified by Tenant within thirty (30) days after receipt of written notice thereof from Tenant, unless such punchlist items cannot reasonably be completed within a 30 day period, in which event Landlord agrees to diligently pursue such punchlist items to completion. Tenant agrees to pursue all contractor or manufacturer warranties before pursuing a warranty claim against Landlord. Advance Possession for Fixturing 9. For a period of sixty (60) days prior to completion of the Demised Premises by Landlord, as set forth in Article 6 above, Tenant shall have the right to enter the Demised Premises, rent free, for the purposes of installing storage bins, storing merchandise and Tenant's construction activities. Tenant's activities shall not create unreasonable interference with the work of Landlord. Such entry shall not be construed as an acceptance of the Demised Premises by Tenant under the provisions of this lease or as a waiver of any of the provisions hereof. Parking and Landlord shall use reasonable efforts to advise Tenant's Vice-president of Store Planning in writing (with a copy to Tenant's Senior Vice President of Real Estate) seventy-five (75) days prior to Landlord's projected completion date to allow Tenant to place orders for fixtures, arrange for personnel, and order merchandise; provided, however, failure to provide such notice shall not be considered a default by Landlord hereunder and shall not extend Tenant's fixturing period.
Guarantee of. Materials 8. Landlord shall unconditionally guarantee all work performed by or for Landlord in the construction of the Demised Premises against defective workmanship and materials for the period of one (1) year from the Commencement Date (or such longer period as may be specified in the Plans). Landlord shall assign to Tenant any and all guarantees and/or warranties of workmanship and materials which it may receive or which are required in the Plans with respect to those portions of the Demised Premises required to be maintained and repaired by Tenant hereunder. Landlord shall correct all punchlist items specified by Tenant within thirty (30) days after receipt of written notice thereof from Tenant. Advance Possession for Fixturing 9. For a period of sixty (60) days prior to the Delivery Date (as defined herein) as set forth in Article 6 above, Tenant shall have the right to enter the Demised Premises at its own risk, rent free, for the purposes of installing storage bins, storing merchandise and performing Tenant’s construction activities. Tenant’s activities shall not create unreasonable interference with the work of Landlord. Such entry shall not be construed as an acceptance of the Demised Premises by Tenant under the provisions of this lease or as a waiver of any of the provisions hereof. The rights of Tenant hereunder are subject to the approval of Landlord’s contractor. Tenant shall conform to any scheduling restrictions and safety standards reasonably required of Tenant by Landlord’s contractor. Landlord’s contractor shall have the right to restrict Tenant’s access to the Demised Premises, provided such right shall not unreasonably interfere with Tenant’s ability to fixture the Demised Premises. Landlord shall advise Tenant’s Vice-president of Store Planning in writing seventy-five (75) days prior to Landlord’s projected Delivery Date to allow Tenant to place orders for fixtures, arrange for personnel, and order merchandise. Parking and Other Common Areas arid Shopping Center 10. Prior to Commencement Date, Landlord shall complete, at its sole cost and expense, construction of all on-site and off-site improvements and common area improvements required for the use and operation of the Demised Premises and the Shopping Center as a retail Shopping Center complex, substantially as depicted on EXHIBIT and in accordance with plans and specifications therefor approved by Tenant, including, but not limited to, (a) all off-site and on-site land clearance, l...
Guarantee of. The Plans are subject the following exceptions, and such other deviations as may be approved in writing by Tenant:

Related to Guarantee of

  • Guarantee of the Obligations Each Guarantor jointly and severally hereby irrevocably and unconditionally guarantees to the Secured Parties, the due and punctual payment in full and performance of all Obligations (or such lesser amount as agreed by the Required Lenders in their sole discretion with respect to Obligations owed to the Lenders) when the same shall become due or required to be performed, whether at stated maturity, by required prepayment, declaration, acceleration, performance, demand or otherwise (including amounts that would become and any performance that would have been required to be taken due but for the operation of the automatic stay under Section 362(a) of the Bankruptcy Code, 11 U.S.C. § 362(a)) (collectively, the “Guaranteed Obligations”).

  • Guarantee of Payment This Guarantee Agreement creates a guarantee of payment and not of collection. This Guarantee Agreement will not be discharged except by payment of the Guarantee Payments in full (without duplication of amounts theretofore paid by the Issuer) or upon distribution of Debentures to Holders as provided in the Trust Agreement.

  • Guarantee of Notes Section 10.01.

  • Guarantee of Obligations (A) The Company hereby (i) guarantees, as principal obligor and not as surety only, to the Banks the prompt payment of the principal of and any and all accrued and unpaid interest (including interest which otherwise may cease to accrue by operation of any insolvency law, rule, regulation or interpretation thereof) on the Loans and all other obligations of Masco Europe to the Banks and the Agent under this Agreement when due, whether by scheduled maturity, acceleration or otherwise, all in accordance with the terms of this Agreement and the Notes, including, without limitation, fees, reimbursement obligations, default interest, indemnification payments and all reasonable costs and expenses incurred by the Banks and the Agent in connection with enforcing any obligations of Masco Europe hereunder, including without limitation the reasonable fees and disbursements of counsel, (ii) guarantees the prompt and punctual performance and observance of each and every term, covenant or agreement contained in this Agreement and the Notes to be performed or observed on the part of Masco Europe and (iii) agrees to make prompt payment, on demand, of any and all reasonable costs and expenses incurred by the Banks or the Agent in connection with enforcing the obligations of the Company hereunder, including, without limitation, the reasonable fees and disbursements of counsel (all of the foregoing being collectively referred to as the "Guaranteed Obligations").

  • No Guarantee of Interests The Board and the Company do not guarantee the Stock of the Company from loss or depreciation.

  • Guarantee of Securities SECTION 1601.

  • Guarantee of Payment; Continuing Guarantee The guarantee in this Article IV is a guaranty of payment and not of collection, is a continuing guarantee, and shall apply to all Obligations whenever arising.

  • Guarantee The Guarantor irrevocably and unconditionally agrees to pay in full to the Holders the Guarantee Payments (without duplication of amounts theretofore paid by the Issuer), as and when due, regardless of any defense, right of set-off or counterclaim that the Issuer may have or assert. The Guarantor's obligation to make a Guarantee Payment may be satisfied by direct payment of the required amounts by the Guarantor to the Holders or by causing the Issuer to pay such amounts to the Holders.

  • Subsidiary Guarantee For value received, each of the Subsidiary Guarantors named (or deemed herein to be named) below hereby jointly and severally fully and unconditionally guarantees to the Holder of the Security upon which this Subsidiary Guarantee is endorsed, and to the Trustee on behalf of such Holder, the due and punctual payment of the principal of (and premium, if any) and interest on such Security when and as the same shall become due and payable, whether at the Stated Maturity, by acceleration, call for redemption, offer to purchase or otherwise, according to the terms thereof and of the Indenture referred to therein and to cover all the rights of the Trustee under Section 607. In case of the failure of the Company punctually to make any such payment, each of the Subsidiary Guarantors hereby jointly and severally agrees to cause such payment to be made punctually when and as the same shall become due and payable, whether at the Stated Maturity or by acceleration, call for redemption, offer to purchase or otherwise, and as if such payment were made by the Company. Each of the Subsidiary Guarantors hereby jointly and severally agrees that its obligations hereunder shall be absolute and unconditional, irrespective of, and shall be unaffected by, the validity, regularity or enforceability of such Security or the Indenture, the absence of any action to enforce the same or any release, amendment, waiver or indulgence granted to the Company or any other guarantor, or any consent to departure from any requirement of any other guarantee of all or of any of the Securities of this series, or any other circumstances which might otherwise constitute a legal or equitable discharge or defense of a surety or guarantor; provided, however, that, notwithstanding the foregoing, no such release, amendment, waiver or indulgence shall, without the consent of such Subsidiary Guarantor, increase the principal amount of such Security, or increase the interest rate thereon, or alter the Stated Maturity thereof. Each of the Subsidiary Guarantors hereby waives the benefits of diligence, presentment, demand of payment, any requirement that the Trustee or any of the Holders protect, secure, perfect or insure any security interest in or other lien on any property subject thereto or exhaust any right or take any action against the Company or any other Person or any collateral, filing of claims with a court in the event of insolvency or bankruptcy of the Company, any right to require a proceeding first against the Company, protest or notice with respect to such Security or the indebtedness evidenced thereby and all demands whatsoever, and covenants that this Subsidiary Guarantee will not be discharged except by complete performance of the obligations contained in such Security and in this Subsidiary Guarantee. Each Subsidiary Guarantor agrees that if, after the occurrence and during the continuance of an Event of Default with respect to Securities of this series, the Trustee or any of the Holders are prevented by applicable law from exercising their respective rights to accelerate the maturity of the Securities of this series, to collect interest on the Securities of this series, or to enforce or exercise any other right or remedy with respect to the Securities of this series, such Subsidiary Guarantor agrees to pay to the Trustee for the account of the Holders, upon demand therefor, the amount that would otherwise have been due and payable had such rights and remedies been permitted to be exercised by the Trustee or any of the Holders. The indebtedness of each Subsidiary Guarantor evidenced by this Subsidiary Guarantee is, to the extent provided in the Indenture, subordinate in right of payment to the prior payment in full of all Senior Debt of such Subsidiary Guarantor, and the Subsidiary Guarantee of each Subsidiary Guarantor is issued subject to the provisions of the Indenture with respect thereto. No reference herein to the Indenture and no provision of this Subsidiary Guarantee or of the Indenture shall alter or impair the Subsidiary Guarantee of any Subsidiary Guarantor, which is absolute and unconditional, of the due and punctual payment of the principal (and premium, if any) and interest on the Security upon which this Subsidiary Guarantee is endorsed. Each Subsidiary Guarantor shall be subrogated to all rights of the Holder of this Security against the Company in respect of any amounts paid by such Subsidiary Guarantor on account of this Security pursuant to the provisions of its Subsidiary Guarantee or the Indenture; provided, however, that such Subsidiary Guarantor shall not be entitled to enforce or to receive any payments arising out of, or based upon, such right of subrogation until the principal of (and premium, if any) and interest on this Security and all other Securities of this series issued under the Indenture shall have been paid in full. This Subsidiary Guarantee shall remain in full force and effect and continue to be effective should any petition be filed by or against the Company for liquidation or reorganization, should the Company become insolvent or make an assignment for the benefit of creditors or should a receiver or trustee be appointed for all or any part of the Company’s assets, and shall, to the fullest extent permitted by law, continue to be effective or be reinstated, as the case may be, if at any time payment and performance of the Securities of this series is, pursuant to applicable law, rescinded or reduced in amount, or must otherwise be restored or returned by any Holder of the Securities of this series, whether as a “voidable preference,” “fraudulent transfer,” or otherwise, all as though such payment or performance had not been made. In the event that any payment, or any part thereof, is rescinded, reduced, restored or returned, the Securities of this series shall, to the fullest extent permitted by law, be reinstated and deemed reduced only by such amount paid and not so rescinded, reduced, restored or returned. The Subsidiary Guarantors or any particular Subsidiary Guarantor shall be released from this Subsidiary Guarantee upon the terms and subject to certain conditions provided in the Indenture. By delivery to the Trustee of a supplement to the Indenture referred to in the Security upon which this Subsidiary Guarantee is endorsed in accordance with the terms of the Indenture, each Person that becomes a Subsidiary Guarantor after the date of first issuance of the Securities of this series will be deemed to have executed and delivered this Subsidiary Guarantee for the benefit of the Holder of the Security upon which this Subsidiary Guarantee is endorsed with the same effect as if such Subsidiary Guarantor were named below and had executed and delivered this Subsidiary Guarantee. All terms used in this Subsidiary Guarantee which are defined in the Indenture shall have the meanings assigned to them in such Indenture. This Subsidiary Guarantee shall not be valid or obligatory for any purpose until the certificate of authentication on the Security upon which this Subsidiary Guarantee is endorsed shall have been executed by the Trustee under the Indenture by manual signature. Reference is made to the Indenture for further provisions with respect to this Subsidiary Guarantee. This Subsidiary Guarantee shall be governed by and construed in accordance with the laws of the State of New York.

  • Future Subsidiary Guarantees If, prior to the Consummation of the Exchange Offer or prior to the effectiveness of the Shelf Registration Statement, as the case may be, any subsidiary of the Company executes a Subsidiary Guarantee in accordance with the terms and provisions of the Indenture, the Company shall cause such subsidiary to execute and deliver to the parties hereto a counterpart signature page to this Agreement and such subsidiary shall be bound by all the provisions of this Agreement as a "Guarantor."