Common use of Guarantee of Obligations Clause in Contracts

Guarantee of Obligations. The Guarantor hereby unconditionally and irrevocably guarantees to the Beneficiaries the payment and performance of all of the Obligations, together with interest thereon as provided in Section 5.4.

Appears in 14 contracts

Samples: Credit Agreement (PENGROWTH ENERGY Corp), Credit Agreement (Nine Energy Service, Inc.), Credit Agreement (Baytex Energy Corp.)

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Guarantee of Obligations. The Guarantor hereby unconditionally and irrevocably guarantees to the Beneficiaries the payment and performance of all of the Obligations, together with interest thereon as provided in Section 5.45.04.

Appears in 2 contracts

Samples: Credit Agreement (Enbridge Energy Limited Partnership), Assignment and Acceptance Agreement (Enbridge Energy Partners Lp)

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Guarantee of Obligations. The Guarantor hereby irrevocably and unconditionally and irrevocably guarantees to each Beneficiary the Beneficiaries the due and punctual payment and performance of the Obligations. In addition, the Guarantor agrees to pay each Beneficiary, upon demand, all out-of-pocket costs and expenses (including, without limitation, reasonable legal fees on a solicitor/client basis) incurred in connection with enforcing any of the Obligations, together with Beneficiaries' rights under and collecting upon this Guarantee and all interest thereon as provided in payable pursuant to Section 5.49(a).

Appears in 1 contract

Samples: Agreement

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