Common use of Guarantee of Payment and Performance Clause in Contracts

Guarantee of Payment and Performance. (a) The Guarantor hereby unconditionally and irrevocably guarantees to the Administrative Agent and the Lenders the prompt and complete payment and performance by each Borrower when due (whether at the stated maturity, by acceleration or otherwise) of the Guarantee Obligations.

Guarantee of Payment and Performance. (a) The Guarantor Each Guarantor, jointly and severally, hereby unconditionally and irrevocably guarantees to the Administrative Agent and the Lenders the prompt and complete payment and performance by each Borrower when due (whether at the stated maturity, by acceleration or otherwise) of the Guarantee Obligations, provided that the Guarantors shall have no liability hereunder and under the other Credit Documents other than as specifically stated and in the maximum amounts set forth in Sections 2(b) and (c) below.

Guarantee of Payment and Performance. (a) The Guarantor Each Guarantor, jointly and severally, hereby unconditionally and irrevocably guarantees to the Administrative Agent and the Lenders the prompt and complete payment and performance by each Borrower when due (whether at the stated maturity, by acceleration or otherwise) of the Guarantee ObligationsObligations subject to the limitations set forth herein.