{"component": "clause", "props": {"groups": [{"size": 565, "samples": [{"hash": "ibDXqFbdY6Z", "uri": "/contracts/ibDXqFbdY6Z#guarantees", "label": "Indenture (Level 3 Communications Inc)", "score": 23.0424365997, "published": true}, {"hash": "8JuwhIMVxhZ", "uri": "/contracts/8JuwhIMVxhZ#guarantees", "label": "Indenture (Level 3 Communications Inc)", "score": 22.4455852509, "published": true}, {"hash": "dHGqxcW9iLR", "uri": "/contracts/dHGqxcW9iLR#guarantees", "label": "Indenture (Level 3 Communications Inc)", "score": 22.1772766113, "published": true}], "snippet": "Each Guarantor hereby unconditionally guarantees, jointly and severally, to each Holder and to the Trustee and its successors and assigns (a) the full and punctual payment of principal of (and premium, if any) and interest on the Securities when due, whether at Stated Maturity, by acceleration, by redemption or otherwise, and all other monetary obligations of the Issuer under this Indenture and the Securities and (b) the full and punctual performance within applicable grace periods of all other obligations of the Issuer under this Indenture and the Securities (all the foregoing being hereinafter collectively called the \u201cObligations\u201d). Each Guarantor further agrees that the Obligations may be extended or renewed, in whole or in part, without notice or further assent from such Guarantor, and that such Guarantor will remain bound under this Article Thirteen notwithstanding any extension or renewal of any Obligation. Each Guarantor waives presentation to, demand of, payment from and protest to the Issuer of any of the Obligations and also waives notice of protest for nonpayment. Each Guarantor waives notice of any default under the Securities or the Obligations. The obligations of each Guarantor hereunder shall not be affected by (a) the failure of any Holder or the Trustee to assert any claim or demand or to enforce any right or remedy against the Issuer or any other Person under this Indenture, the Securities or any other agreement or otherwise; (b) any extension or renewal of any thereof; (c) any rescission, waiver, amendment or modification of any of the terms or provisions of this Indenture, the Securities or any other agreement; (d) the release of any security held by any Holder or the Trustee for the Obligations or any of them; (e) the failure of any Holder or the Trustee to exercise any right or remedy against any other guarantor of the Obligations; or (f) any change in the ownership of such Guarantor. Each Guarantor further agrees that its Note Guarantee herein constitutes a guarantee of payment, performance and compliance when due (and not a guarantee of collection) and waives any right to require that any resort be had by any Holder or the Trustee to any security held for payment of the Obligations. Except as expressly set forth in Sections 805, 806, 1017, 1019, 1202, 1203, 1303 and 1308, the obligations of each Guarantor hereunder shall not be subject to any reduction, limitation, impairment or termination for any reason, including any claim of waiver, release, surrender, alteration or compromise, and shall not be subject to any defense of setoff, counterclaim, recoupment or termination whatsoever or by reason of the invalidity, illegality or unenforceability of the Guaranteed Obligations or otherwise. Without limiting the generality of the foregoing, the obligations of each Guarantor herein shall not be discharged or impaired or otherwise affected by the failure of any Holder or the Trustee to assert any claim or demand or to enforce any remedy under this Indenture, the Securities or any other agreement, by any waiver or modification of any thereof, by any default, failure or delay, willful or otherwise, in the performance of the obligations, or by any other act or thing or omission or delay to do any other act or thing which may or might in any manner or to any extent vary the risk of such Guarantor or would otherwise operate as a discharge of such Guarantor as a matter of law or equity. Each Guarantor further agrees that its Note Guarantee herein shall continue to be effective or be reinstated, as the case may be, if at any time payment, or any part thereof, of principal of (or premium, if any) or interest on any Obligation is rescinded or must otherwise be restored by any Holder or the Trustee upon the bankruptcy or reorganization of the Issuer or otherwise. In furtherance of the foregoing and not in limitation of any other right which any Holder or the Trustee has at law or in equity against any Guarantor by virtue hereof, upon the failure of the Issuer to pay the principal of (or premium, if any) or interest on any Obligation when and as the same shall become due, whether at Stated Maturity, by acceleration, by redemption or otherwise, or to perform or comply with any other Obligation, each Guarantor hereby promises to and will, upon receipt of written demand by the Trustee, forthwith pay, or cause to be paid, in cash, to the Holders or the Trustee an amount equal to the sum of (i) the unpaid amount of such Obligations, (ii) accrued and unpaid interest on such Obligations (but only to the extent not prohibited by law) and (iii) all other monetary Obligations of the Issuer to the Holders and the Trustee. Each Guarantor agrees that it shall not be entitled to any right of subrogation in respect of any Obligations guaranteed hereby until payment in full in cash of all Obligations. Each Guarantor further agrees that, as between it, on the one hand, and the Holders and the Trustee, on the other hand, (x) the maturity of the Obligations guaranteed hereby may be accelerated as provided in Article Five for the purposes of such Guarantor\u2019s Note Guarantee herein, notwithstanding any stay, injunction or other prohibition preventing such acceleration in respect of the Obligations guaranteed hereby, and (y) in the event of any declaration of acceleration of such Obligations as provided in Article Five, such Obligations (whether or not due and payable) shall forthwith become due and payable by such Guarantor for the purposes of this Section. Each Guarantor also agrees to pay any and all costs and expenses (including reasonable attorneys\u2019 fees) incurred by the Trustee or any Holder in enforcing any rights under this Section 1301.", "snippet_links": [{"key": "guarantor-hereby", "type": "clause", "offset": [5, 21]}, {"key": "jointly-and-severally", "type": "clause", "offset": [50, 71]}, {"key": "to-the-trustee", "type": "clause", "offset": [92, 106]}, {"key": "successors-and-assigns", "type": "clause", "offset": [115, 137]}, {"key": "principal-of", "type": "definition", "offset": [175, 187]}, {"key": "interest-on-the", "type": "clause", "offset": [214, 229]}, {"key": "stated-maturity", "type": "definition", "offset": [262, 277]}, {"key": "obligations-of-the-issuer", "type": "clause", "offset": [347, 372]}, {"key": "this-indenture-and-the-securities", "type": "clause", "offset": [379, 412]}, {"key": "punctual-performance", "type": "clause", "offset": [434, 454]}, {"key": "periods-of", "type": "clause", "offset": [479, 489]}, {"key": "other-obligations", "type": "definition", "offset": [494, 511]}, {"key": "without-notice", "type": "clause", "offset": [743, 757]}, {"key": "article-thirteen", "type": "definition", "offset": [850, 866]}, {"key": "extension-or-renewal", "type": "clause", "offset": [887, 907]}, {"key": "guarantor-waives", "type": "clause", "offset": [932, 948]}, {"key": "notice-of-protest", "type": "clause", "offset": [1058, 1075]}, {"key": "notice-of-any", "type": "clause", "offset": [1114, 1127]}, {"key": "default-under", "type": "clause", "offset": [1128, 1141]}, {"key": "obligations-of-each", "type": "clause", "offset": [1181, 1200]}, {"key": "affected-by", "type": "definition", "offset": [1234, 1245]}, {"key": "claim-or-demand", "type": "clause", "offset": [1305, 1320]}, {"key": "right-or-remedy", "type": "clause", "offset": [1339, 1354]}, {"key": "any-other-person", "type": "definition", "offset": [1377, 1393]}, {"key": "agreement-or", "type": "definition", "offset": [1444, 1456]}, {"key": "modification-of", "type": "clause", "offset": [1554, 1569]}, {"key": "the-terms", "type": "clause", "offset": [1577, 1586]}, {"key": "provisions-of-this", "type": "clause", "offset": [1590, 1608]}, {"key": "release-of", "type": "clause", "offset": [1667, 1677]}, {"key": "security-held", "type": "definition", "offset": [1682, 1695]}, {"key": "to-exercise", "type": "clause", "offset": [1806, 1817]}, {"key": "other-guarantor", "type": "clause", "offset": [1850, 1865]}, {"key": "ownership-of", "type": "clause", "offset": [1911, 1923]}, {"key": "note-guarantee", "type": "clause", "offset": [1979, 1993]}, {"key": "guarantee-of-payment", "type": "clause", "offset": [2015, 2035]}, {"key": "performance-and-compliance", "type": "clause", "offset": [2037, 2063]}, {"key": "guarantee-of-collection", "type": "definition", "offset": [2084, 2107]}, {"key": "right-to", "type": "definition", "offset": [2124, 2132]}, {"key": "payment-of-the-obligations", "type": "clause", "offset": [2218, 2244]}, {"key": "subject-to", "type": "definition", "offset": [2394, 2404]}, {"key": "termination-for-any-reason", "type": "clause", "offset": [2446, 2472]}, {"key": "illegality-or-unenforceability", "type": "clause", "offset": [2685, 2715]}, {"key": "the-guaranteed-obligations", "type": "clause", "offset": [2719, 2745]}, {"key": "without-limiting-the-generality-of-the-foregoing", "type": "clause", "offset": [2760, 2808]}, {"key": "waiver-or-modification", "type": "clause", "offset": [3076, 3098]}, {"key": "failure-or-delay", "type": "clause", "offset": [3131, 3147]}, {"key": "performance-of-the-obligations", "type": "clause", "offset": [3178, 3208]}, {"key": "the-risk", "type": "clause", "offset": [3344, 3352]}, {"key": "continue-to-be-effective", "type": "clause", "offset": [3528, 3552]}, {"key": "the-case", "type": "definition", "offset": [3574, 3582]}, {"key": "time-payment", "type": "clause", "offset": [3601, 3613]}, {"key": "interest-on-any", "type": "clause", "offset": [3676, 3691]}, {"key": "bankruptcy-or-reorganization", "type": "clause", "offset": [3784, 3812]}, {"key": "limitation-of", "type": "clause", "offset": [3884, 3897]}, {"key": "failure-of-the", "type": "clause", "offset": [4019, 4033]}, {"key": "to-pay", "type": "clause", "offset": [4041, 4047]}, {"key": "the-principal", "type": "definition", "offset": [4048, 4061]}, {"key": "comply-with", "type": "clause", "offset": [4245, 4256]}, {"key": "upon-receipt-of", "type": "clause", "offset": [4323, 4338]}, {"key": "written-demand", "type": "definition", "offset": [4339, 4353]}, {"key": "by-the-trustee", "type": "clause", "offset": [4354, 4368]}, {"key": "the-holders", "type": "clause", "offset": [4418, 4429]}, {"key": "equal-to", "type": "definition", "offset": [4455, 4463]}, {"key": "sum-of", "type": "clause", "offset": [4468, 4474]}, {"key": "unpaid-amount", "type": "definition", "offset": [4483, 4496]}, {"key": "accrued-and-unpaid-interest", "type": "definition", "offset": [4523, 4550]}, {"key": "to-the-extent", "type": "clause", "offset": [4581, 4594]}, {"key": "prohibited-by-law", "type": "clause", "offset": [4599, 4616]}, {"key": "right-of-subrogation", "type": "definition", "offset": [4764, 4784]}, {"key": "in-respect-of", "type": "clause", "offset": [4785, 4798]}, {"key": "obligations-guaranteed", "type": "clause", "offset": [4803, 4825]}, {"key": "payment-in-full", "type": "clause", "offset": [4839, 4854]}, {"key": "all-obligations", "type": "clause", "offset": [4866, 4881]}, {"key": "the-other-hand", "type": "clause", "offset": [4987, 5001]}, {"key": "article-five", "type": "clause", "offset": [5091, 5103]}, {"key": "for-the-purposes-of", "type": "clause", "offset": [5104, 5123]}, {"key": "in-the-event-of", "type": "clause", "offset": [5308, 5323]}, {"key": "declaration-of-acceleration", "type": "clause", "offset": [5328, 5355]}, {"key": "due-and-payable", "type": "clause", "offset": [5438, 5453]}, {"key": "agrees-to", "type": "clause", "offset": [5566, 5575]}, {"key": "costs-and-expenses", "type": "definition", "offset": [5592, 5610]}, {"key": "reasonable-attorneys", "type": "definition", "offset": [5622, 5642]}, {"key": "section-1301", "type": "clause", "offset": [5723, 5735]}], "hash": "6cbc9ab17e381c0dc792ea46fff30955", "id": 1}, {"size": 354, "samples": [{"hash": "lL0XD5TwLWA", "uri": "/contracts/lL0XD5TwLWA#guarantees", "label": "Indenture (PennyMac Financial Services, Inc.)", "score": 36.6112251282, "published": true}, {"hash": "e98LeonYAZL", "uri": "/contracts/e98LeonYAZL#guarantees", "label": "Indenture (PennyMac Financial Services, Inc.)", "score": 36.3483924866, "published": true}, {"hash": "jrml3Y7gKiM", "uri": "/contracts/jrml3Y7gKiM#guarantees", "label": "Indenture (PennyMac Financial Services, Inc.)", "score": 36.0992469788, "published": true}], "snippet": "Subject to this Article Twelve, each Guarantor jointly and severally, unconditionally and irrevocably guarantees the Notes and obligations of the Issuer hereunder and thereunder, and guarantees to each Holder of a Note authenticated and delivered by the Trustee, and to the Trustee for itself and on behalf of such Holder, that: (1) the principal of (and premium, if any) and interest on the Notes will be paid in full when due, whether at Stated Maturity, by acceleration or otherwise (including the amount that would become due but for the operation of the automatic stay under Section 362(a) of the Bankruptcy Law), together with interest on the overdue principal, if any, and interest on any overdue interest, to the extent lawful, and all other obligations of the Issuer to the Holders or the Trustee hereunder or thereunder will be paid in full or performed, all in accordance with the terms hereof and thereof; and (2) in case of any extension of time of payment or renewal of any Notes or of any such other obligations, the same shall be paid in full when due or performed in accordance with the terms of the extension or renewal, whether at Stated Maturity, by acceleration or otherwise, subject, however, in the case of clauses (1) and (2) above, to the limitation set forth in Section 12.04 hereof. Each Guarantor hereby agrees (to the extent permitted by applicable law) that its obligations hereunder shall be unconditional, irrespective of the validity, regularity or enforceability of the Notes or this Indenture, the absence of any action to enforce the same, any waiver or consent by any Holder with respect to any provisions hereof or thereof, any release of any other Guarantor, the recovery of any judgment against the Issuer, any action to enforce the same or any other circumstance which might otherwise constitute a legal or equitable discharge or defense of a Guarantor. Each Guarantor hereby waives (to the extent permitted by law) the benefits of diligence, presentment, demand for payment, filing of claims with a court in the event of insolvency or bankruptcy of the Issuer, any right to require a proceeding first against the Issuer or any other Person, protest, notice and all demands whatsoever and covenants that the Guarantee of such Guarantor shall not be discharged as to any Note except by complete performance of the obligations contained in such Note, this Indenture and such Guarantee. Each Guarantor acknowledges that the Guarantee is a guarantee of payment, performance and compliance when due and not of collection. Each of the Guarantors hereby agrees that, in the event of a default in payment of principal (or premium, if any) or interest on such Note or in payment of any other obligations hereunder, whether at its Stated Maturity, by acceleration, purchase or otherwise, legal proceedings may be instituted by the Trustee on behalf of itself or on behalf of, or by, the Holder of such Note, subject to the terms and conditions set forth in this Indenture, directly against each of the Guarantors to enforce such Guarantor\u2019s Guarantee without first proceeding against the Issuer or any other Guarantor. Each Guarantor agrees that if, after the occurrence and during the continuance of an Event of Default, the Trustee or any of the Holders are prevented by applicable law from exercising their respective rights to accelerate the Maturity of the Notes, to collect interest on the Notes, or to enforce or exercise any other right or remedy with respect to the Notes, such Guarantor shall pay to the Trustee for the account of the Holder, 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. If any Holder or the Trustee is required by any court or otherwise to return to the Issuer or any Guarantor, or any custodian, trustee, liquidator or other similar official acting in relation to either the Issuer or any Guarantor, any amount paid by any of them to the Trustee or such Holder, the Guarantee of each of the Guarantors, to the extent theretofore discharged, shall be reinstated in full force and effect. Each Guarantor further agrees that, as between each Guarantor, on the one hand, and the Holders and the Trustee on the other hand, (1) subject to this Article Twelve, the Maturity of the obligations guaranteed hereby may be accelerated as provided in Article Five hereof for the purposes of the Guarantee of such Guarantor notwithstanding any stay, injunction or other prohibition preventing such acceleration in respect of the obligations guaranteed hereby, and (2) in the event of any acceleration of such obligation as provided in Article Five hereof, such obligations (whether or not due and payable) shall forthwith become due and payable by each Guarantor for the purpose of the Guarantee of such Guarantor. Each Guarantee shall remain in full force and effect and continue to be effective should any petition be filed by or against the Issuer for liquidation, reorganization, should the Issuer become insolvent or make an assignment for the benefit of creditors or should a receiver or trustee be appointed for all or any significant part of the Issuer\u2019s 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 Notes are, pursuant to applicable law, rescinded or reduced in amount, or must otherwise be restored or returned by any obligee on the Notes, whether as a \u201cvoidable preference\u201d, \u201cfraudulent transfer\u201d 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 Notes 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.", "snippet_links": [{"key": "article-twelve", "type": "definition", "offset": [16, 30]}, {"key": "jointly-and-severally", "type": "clause", "offset": [47, 68]}, {"key": "obligations-of-the-issuer", "type": "clause", "offset": [127, 152]}, {"key": "and-guarantees", "type": "clause", "offset": [179, 193]}, {"key": "a-note", "type": "definition", "offset": [212, 218]}, {"key": "by-the-trustee", "type": "clause", "offset": [247, 261]}, {"key": "to-the-trustee", "type": "clause", "offset": [267, 281]}, {"key": "on-behalf-of", "type": "definition", "offset": [297, 309]}, {"key": "principal-of", "type": "definition", "offset": [337, 349]}, {"key": "interest-on-the-notes", "type": "clause", "offset": [376, 397]}, {"key": "paid-in-full", "type": "clause", "offset": [406, 418]}, {"key": "stated-maturity", "type": "definition", "offset": [440, 455]}, {"key": "operation-of-the", "type": "clause", "offset": [542, 558]}, {"key": "automatic-stay", "type": "clause", "offset": [559, 573]}, {"key": "bankruptcy-law", "type": "definition", "offset": [602, 616]}, {"key": "with-interest", "type": "definition", "offset": [628, 641]}, {"key": "overdue-principal", "type": "definition", "offset": [649, 666]}, {"key": "interest-on-any", "type": "clause", "offset": [680, 695]}, {"key": "overdue-interest", "type": "definition", "offset": [696, 712]}, {"key": "other-obligations", "type": "definition", "offset": [744, 761]}, {"key": "the-holders", "type": "clause", "offset": [779, 790]}, {"key": "trustee-hereunder", "type": "clause", "offset": [798, 815]}, {"key": "in-accordance-with", "type": "clause", "offset": [869, 887]}, {"key": "in-case-of", "type": "clause", "offset": [926, 936]}, {"key": "time-of-payment", "type": "clause", "offset": [954, 969]}, {"key": "extension-or-renewal", "type": "clause", "offset": [1117, 1137]}, {"key": "in-the-case", "type": "clause", "offset": [1215, 1226]}, {"key": "applicable-law", "type": "definition", "offset": [1367, 1381]}, {"key": "irrespective-of-the", "type": "clause", "offset": [1438, 1457]}, {"key": "enforceability-of-the-notes", "type": "clause", "offset": [1482, 1509]}, {"key": "any-action", "type": "definition", "offset": [1544, 1554]}, {"key": "waiver-or-consent", "type": "clause", "offset": [1580, 1597]}, {"key": "with-respect-to", "type": "clause", "offset": [1612, 1627]}, {"key": "release-of", "type": "clause", "offset": [1666, 1676]}, {"key": "other-guarantor", "type": "clause", "offset": [1681, 1696]}, {"key": "recovery-of", "type": "clause", "offset": [1702, 1713]}, {"key": "judgment-against-the-issuer", "type": "clause", "offset": [1718, 1745]}, {"key": "discharge-or", "type": "clause", "offset": [1858, 1870]}, {"key": "guarantor-hereby-waives", "type": "clause", "offset": [1900, 1923]}, {"key": "to-the-extent-permitted-by-law", "type": "clause", "offset": [1925, 1955]}, {"key": "benefits-of", "type": "clause", "offset": [1961, 1972]}, {"key": "demand-for-payment", "type": "definition", "offset": [1997, 2015]}, {"key": "filing-of-claims", "type": "clause", "offset": [2017, 2033]}, {"key": "court-in", "type": "clause", "offset": [2041, 2049]}, {"key": "bankruptcy-of-the-issuer", "type": "clause", "offset": [2077, 2101]}, {"key": "right-to", "type": "definition", "offset": [2107, 2115]}, {"key": "any-other-person", "type": "definition", "offset": [2165, 2181]}, {"key": "and-covenants", "type": "clause", "offset": [2226, 2239]}, {"key": "the-guarantee", "type": "clause", "offset": [2245, 2258]}, {"key": "performance-of-the-obligations", "type": "clause", "offset": [2335, 2365]}, {"key": "contained-in", "type": "definition", "offset": [2366, 2378]}, {"key": "guarantee-of-payment", "type": "clause", "offset": [2477, 2497]}, {"key": "performance-and-compliance", "type": "clause", "offset": [2499, 2525]}, {"key": "each-of-the-guarantors", "type": "clause", "offset": [2558, 2580]}, {"key": "default-in-payment-of-principal", "type": "clause", "offset": [2619, 2650]}, {"key": "legal-proceedings", "type": "clause", "offset": [2819, 2836]}, {"key": "the-terms-and-conditions", "type": "clause", "offset": [2950, 2974]}, {"key": "after-the-occurrence-and-during-the-continuance-of-an-event-of-default", "type": "clause", "offset": [3181, 3251]}, {"key": "respective-rights", "type": "clause", "offset": [3341, 3358]}, {"key": "maturity-of-the-notes", "type": "clause", "offset": [3377, 3398]}, {"key": "right-or-remedy", "type": "clause", "offset": [3470, 3485]}, {"key": "pay-to", "type": "definition", "offset": [3534, 3540]}, {"key": "the-account", "type": "clause", "offset": [3557, 3568]}, {"key": "upon-demand", "type": "clause", "offset": [3584, 3595]}, {"key": "due-and-payable", "type": "clause", "offset": [3648, 3663]}, {"key": "rights-and-remedies", "type": "clause", "offset": [3673, 3692]}, {"key": "required-by", "type": "definition", "offset": [3794, 3805]}, {"key": "return-to", "type": "definition", "offset": [3832, 3841]}, {"key": "in-relation-to", "type": "clause", "offset": [3942, 3956]}, {"key": "amount-paid", "type": "clause", "offset": [3997, 4008]}, {"key": "full-force-and-effect", "type": "definition", "offset": [4157, 4178]}, {"key": "the-other-hand", "type": "clause", "offset": [4295, 4309]}, {"key": "obligations-guaranteed", "type": "clause", "offset": [4367, 4389]}, {"key": "article-five", "type": "clause", "offset": [4431, 4443]}, {"key": "purposes-of-the", "type": "clause", "offset": [4459, 4474]}, {"key": "in-respect-of", "type": "clause", "offset": [4590, 4603]}, {"key": "purpose-of-the", "type": "clause", "offset": [4850, 4864]}, {"key": "continue-to-be-effective", "type": "clause", "offset": [4951, 4975]}, {"key": "assignment-for-the-benefit-of-creditors", "type": "clause", "offset": [5109, 5148]}, {"key": "receiver-or-trustee", "type": "clause", "offset": [5161, 5180]}, {"key": "significant-part", "type": "definition", "offset": [5209, 5225]}, {"key": "to-the-fullest-extent-permitted-by-law", "type": "clause", "offset": [5261, 5299]}, {"key": "payment-and-performance", "type": "clause", "offset": [5379, 5402]}, {"key": "the-notes-are", "type": "definition", "offset": [5406, 5419]}, {"key": "pursuant-to-applicable", "type": "clause", "offset": [5421, 5443]}, {"key": "fraudulent-transfer", "type": "clause", "offset": [5589, 5608]}, {"key": "payment-or-performance", "type": "clause", "offset": [5643, 5665]}], "hash": "c78b732df462a6c4002df8522d77e83f", "id": 2}, {"size": 158, "samples": [{"hash": "ibwWDak8rTq", "uri": "/contracts/ibwWDak8rTq#guarantees", "label": "Statewide Transfer Articulation Agreement", "score": 33.330242157, "published": true}, {"hash": "gcGaFyQdGnG", "uri": "/contracts/gcGaFyQdGnG#guarantees", "label": "Statewide Transfer Articulation Agreement", "score": 33.3104858398, "published": true}, {"hash": "iVT3kj458Ym", "uri": "/contracts/iVT3kj458Ym#guarantees", "label": "Statewide Transfer Articulation Agreement", "score": 33.2356529236, "published": true}], "snippet": "Students who complete a DwD pursuant to the prescribed curriculum in this statewide transfer articulation agreement and pass all 60 credits with a C- or higher and are admitted to the receiving institution\u2019s corresponding degree program (see cover page) are guaranteed the following:", "snippet_links": [{"key": "pursuant-to-the", "type": "clause", "offset": [28, 43]}, {"key": "prescribed-curriculum", "type": "clause", "offset": [44, 65]}, {"key": "statewide-transfer-articulation-agreement", "type": "definition", "offset": [74, 115]}, {"key": "receiving-institution", "type": "definition", "offset": [184, 205]}, {"key": "degree-program", "type": "clause", "offset": [222, 236]}, {"key": "cover-page", "type": "clause", "offset": [242, 252]}], "hash": "dc786ae43fe9e1dac68fa45e15d32db0", "id": 7}, {"size": 178, "samples": [{"hash": "dz3K981utEx", "uri": "/contracts/dz3K981utEx#guarantees", "label": "Share Exchange Agreement (Sharing Economy International Inc.)", "score": 37.585899353, "published": true}, {"hash": "h95ED0NN7Ed", "uri": "/contracts/h95ED0NN7Ed#guarantees", "label": "Stock Exchange Agreement (ALT5 Sigma Corp)", "score": 37.3093757629, "published": true}, {"hash": "HzuQrKA0Xm", "uri": "/contracts/HzuQrKA0Xm#guarantees", "label": "Share Exchange Agreement (Hangdu Technology LTD)", "score": 37.1724853516, "published": true}], "snippet": "Guaranteed or endorsed in a material amount any obligation or net worth of any Person;", "snippet_links": [{"key": "material-amount", "type": "definition", "offset": [28, 43]}, {"key": "net-worth", "type": "clause", "offset": [62, 71]}, {"key": "any-person", "type": "definition", "offset": [75, 85]}], "hash": "7872997d3a4f6b66bbd7e4a7b2b2c388", "id": 6}, {"size": 131, "samples": [{"hash": "ciURlBdd4Ui", "uri": "/contracts/ciURlBdd4Ui#guarantees", "label": "Indenture (Armour Residential REIT, Inc.)", "score": 35.2368240356, "published": true}, {"hash": "kCR4djhXbOn", "uri": "/contracts/kCR4djhXbOn#guarantees", "label": "Indenture (Xenetic Biosciences, Inc.)", "score": 32.7782325745, "published": true}, {"hash": "4aeDdYYFeR0", "uri": "/contracts/4aeDdYYFeR0#guarantees", "label": "Indenture (Armour Residential REIT, Inc.)", "score": 32.1348381042, "published": true}], "snippet": "Any series of Securities may be guaranteed by one or more of the Subsidiaries of the Company or other Persons. The terms and the form of any such Guarantee will be established in the manner contemplated by Section 3.01 for the particular series of Securities. Each Guarantor, as primary obligor and not merely as surety, will fully, irrevocably and unconditionally guarantee, to each Holder of Securities (including each Holder of Securities issued under the Indenture after the date of this Indenture) and to the Trustee and its successors and assigns (i) the full and punctual payment of principal of and interest on the Securities when due, whether at maturity, by acceleration, by redemption or otherwise, and all other monetary obligations of the Company under this Indenture (including obligations to the Trustee) and the Securities and (ii) the full and punctual performance within applicable grace periods of all other obligations of the Company under this Indenture and the Securities.\n(a) Each of the Guarantors further agrees that its obligations hereunder shall be unconditional irrespective of the absence or existence of any action to enforce the same, the recovery of any judgment against the Company or any other Guarantor (except to the extent such judgment is paid) or any waiver or amendment of the provisions of this Indenture or the Securities to the extent that any such action or any similar action would otherwise constitute a legal or equitable discharge or defense of a guarantor (except that each such waiver or amendment shall be effective in accordance with its terms).\n(b) Each of the Guarantors further agrees that each Guarantee constitutes a guarantee of payment, performance and compliance and not merely of collection.\n(c) Each of the Guarantors further agrees to waive presentment to, demand of payment from and protest to the Company or any other Person, and also waives diligence, notice of acceptance of its Guarantee, presentment, demand for payment, notice of protest for nonpayment, the filing of claims with a court in the event of merger or bankruptcy of the Company or any other Person and any right to require a proceeding first against the Company or any other Person. The obligations of the Guarantors shall not be affected by any failure or policy on the part of the Trustee to exercise any right or remedy under this Indenture or the Securities of any series.\n(d) The obligation of each Guarantor to make any payment hereunder may be satisfied by causing the Company or any other Person to make such payment. If any Holder of any Security or the Trustee is required by any court or otherwise to return to the Company or any Guarantor, or any custodian, trustee, liquidator or other similar official acting in relation to any of the Company or any Guarantor, any amount paid by any of them to the Trustee or such Holder, the Guarantee of such Guarantor, to the extent theretofore discharged, shall be reinstated in full force and effect.\n(e) Each Guarantor also agrees to pay any and all reasonable costs and expenses (including reasonable attorneys\u2019 fees) incurred by the Trustee or any Holder of Securities in enforcing any of their respective rights under its Guarantees.\n(f) Any term or provision of this Indenture to the contrary notwithstanding, the maximum aggregate amount of each of the Guarantees shall not exceed the maximum amount that can be guaranteed by the relevant Guarantor without rendering the relevant Guarantee under this Indenture voidable under applicable law relating to fraudulent conveyance or fraudulent transfer or similar laws affecting the rights of creditors generally.", "snippet_links": [{"key": "series-of-securities", "type": "definition", "offset": [4, 24]}, {"key": "guaranteed-by", "type": "clause", "offset": [32, 45]}, {"key": "the-subsidiaries-of-the-company", "type": "clause", "offset": [61, 92]}, {"key": "other-persons", "type": "definition", "offset": [96, 109]}, {"key": "terms-and", "type": "clause", "offset": [115, 124]}, {"key": "form-of", "type": "clause", "offset": [129, 136]}, {"key": "primary-obligor", "type": "clause", "offset": [279, 294]}, {"key": "holder-of-securities", "type": "clause", "offset": [384, 404]}, {"key": "securities-issued", "type": "clause", "offset": [431, 448]}, {"key": "the-indenture", "type": "clause", "offset": [455, 468]}, {"key": "date-of-this", "type": "clause", "offset": [479, 491]}, {"key": "to-the-trustee", "type": "clause", "offset": [507, 521]}, {"key": "successors-and-assigns", "type": "clause", "offset": [530, 552]}, {"key": "principal-of", "type": "definition", "offset": [590, 602]}, {"key": "interest-on-the", "type": "clause", "offset": [607, 622]}, {"key": "at-maturity", "type": "clause", "offset": [652, 663]}, {"key": "other-monetary-obligations", "type": "clause", "offset": [718, 744]}, {"key": "punctual-performance", "type": "clause", "offset": [861, 881]}, {"key": "periods-of", "type": "clause", "offset": [906, 916]}, {"key": "other-obligations-of-the-company", "type": "clause", "offset": [921, 953]}, {"key": "this-indenture-and-the-securities", "type": "clause", "offset": [960, 993]}, {"key": "each-of-the-guarantors", "type": "clause", "offset": [999, 1021]}, {"key": "irrespective-of-the", "type": "clause", "offset": [1091, 1110]}, {"key": "any-action", "type": "definition", "offset": [1135, 1145]}, {"key": "recovery-of", "type": "clause", "offset": [1171, 1182]}, {"key": "judgment-against-the-company", "type": "clause", "offset": [1187, 1215]}, {"key": "other-guarantor", "type": "clause", "offset": [1223, 1238]}, {"key": "except-to-the-extent", "type": "clause", "offset": [1240, 1260]}, {"key": "the-provisions-of-this", "type": "clause", "offset": [1314, 1336]}, {"key": "discharge-or", "type": "clause", "offset": [1470, 1482]}, {"key": "in-accordance-with", "type": "clause", "offset": [1568, 1586]}, {"key": "guarantee-of-payment", "type": "clause", "offset": [1675, 1695]}, {"key": "performance-and-compliance", "type": "clause", "offset": [1697, 1723]}, {"key": "to-waive", "type": "clause", "offset": [1796, 1804]}, {"key": "demand-of-payment", "type": "clause", "offset": [1821, 1838]}, {"key": "to-the-company", "type": "clause", "offset": [1856, 1870]}, {"key": "any-other-person", "type": "definition", "offset": [1874, 1890]}, {"key": "acceptance-of", "type": "definition", "offset": [1929, 1942]}, {"key": "demand-for-payment", "type": "definition", "offset": [1971, 1989]}, {"key": "notice-of-protest", "type": "clause", "offset": [1991, 2008]}, {"key": "filing-of-claims", "type": "clause", "offset": [2029, 2045]}, {"key": "in-the-event-of", "type": "clause", "offset": [2059, 2074]}, {"key": "bankruptcy-of-the-company", "type": "clause", "offset": [2085, 2110]}, {"key": "right-to", "type": "definition", "offset": [2139, 2147]}, {"key": "the-obligations", "type": "clause", "offset": [2216, 2231]}, {"key": "affected-by", "type": "definition", "offset": [2263, 2274]}, {"key": "to-exercise", "type": "clause", "offset": [2324, 2335]}, {"key": "right-or-remedy", "type": "clause", "offset": [2340, 2355]}, {"key": "required-by", "type": "definition", "offset": [2607, 2618]}, {"key": "return-to", "type": "definition", "offset": [2645, 2654]}, {"key": "in-relation-to", "type": "clause", "offset": [2756, 2770]}, {"key": "amount-paid", "type": "clause", "offset": [2812, 2823]}, {"key": "full-force-and-effect", "type": "definition", "offset": [2964, 2985]}, {"key": "to-pay", "type": "clause", "offset": [3018, 3024]}, {"key": "reasonable-costs-and-expenses", "type": "clause", "offset": [3037, 3066]}, {"key": "reasonable-attorneys", "type": "definition", "offset": [3078, 3098]}, {"key": "by-the-trustee", "type": "clause", "offset": [3115, 3129]}, {"key": "respective-rights", "type": "clause", "offset": [3184, 3201]}, {"key": "provision-of", "type": "clause", "offset": [3240, 3252]}, {"key": "maximum-aggregate-amount", "type": "definition", "offset": [3305, 3329]}, {"key": "the-guarantees", "type": "clause", "offset": [3341, 3355]}, {"key": "maximum-amount", "type": "definition", "offset": [3377, 3391]}, {"key": "relevant-guarantor", "type": "definition", "offset": [3422, 3440]}, {"key": "relevant-guarantee", "type": "definition", "offset": [3463, 3481]}, {"key": "applicable-law", "type": "definition", "offset": [3518, 3532]}, {"key": "relating-to", "type": "definition", "offset": [3533, 3544]}, {"key": "fraudulent-conveyance", "type": "clause", "offset": [3545, 3566]}, {"key": "fraudulent-transfer", "type": "clause", "offset": [3570, 3589]}, {"key": "similar-laws", "type": "definition", "offset": [3593, 3605]}, {"key": "the-rights-of-creditors", "type": "clause", "offset": [3616, 3639]}], "hash": "5cf09c7053d87d73de129dac79be65d3", "id": 10}, {"size": 262, "samples": [{"hash": "k4Vx7sThXMs", "uri": "/contracts/k4Vx7sThXMs#guarantees", "label": "Indenture (Atlas Pipeline Partners Lp)", "score": 24.3620815277, "published": true}, {"hash": "2gcjbPDmtQe", "uri": "/contracts/2gcjbPDmtQe#guarantees", "label": "Indenture (Atlas Pipeline Partners Lp)", "score": 24.1156749725, "published": true}, {"hash": "kcoHKzerG23", "uri": "/contracts/kcoHKzerG23#guarantees", "label": "Indenture (Atlas Pipeline Partners Lp)", "score": 23.7405891418, "published": true}], "snippet": "Subject to the provisions of this Article 10, each of the Subsidiary Guarantors hereby, jointly and severally, unconditionally guarantees to each Holder of a Note authenticated and delivered by the Trustee and to the Trustee and its successors and assigns, irrespective of the validity and enforceability of this Indenture, the Notes or the other Obligations of the Issuers hereunder or thereunder, that: (a) the principal of, premium and interest (including Additional Interest, if any) on the Notes shall be promptly paid in full when due, whether at the maturity or interest payment or mandatory redemption date, by acceleration, redemption or otherwise, and interest on the overdue principal of, premium and interest (including Additional Interest, if any) on the Notes, if any, to the extent lawful, and all other Obligations of the Issuers to the Holders or the Trustee under this Indenture and the Notes shall be promptly paid in full or performed, all in accordance with the terms of this Indenture and the Notes; and (b) in case of any extension of time of payment or renewal of any Notes or any of such other Obligations, that same shall be promptly paid in full when due or performed in accordance with the terms of the extension or renewal, subject to any applicable grace period, whether at Stated Maturity, by acceleration or otherwise. Failing payment when so due of any amount so guaranteed or any performance so guaranteed for whatever reason, the Subsidiary Guarantors shall be jointly and severally obligated to pay the same immediately. The Subsidiary Guarantors hereby agree that to the fullest extent permitted by applicable law, their obligations hereunder shall be unconditional, irrespective of the validity, regularity or enforceability of the Notes or this Indenture, the absence of any action to enforce the same, any waiver or consent by any Holder of the Notes with respect to any provisions of this Indenture and the Notes, the recovery of any judgment against the Issuers, any action to enforce the same or any other circumstance (other than complete performance) which might otherwise constitute a legal or equitable discharge or defense of a Subsidiary Guarantor. To the fullest extent permitted by applicable law, each Subsidiary Guarantor hereby waives diligence, presentment, demand of payment, filing of claims with a court in the event of insolvency or bankruptcy of the Issuers, any right to require a proceeding first against the Issuers, protest, notice and all demands whatsoever and covenants that its Guarantee shall not be discharged except by complete performance of the obligations contained in the Notes and this Indenture. If any Holder or the Trustee is required by any court or otherwise to return to the Issuers or Subsidiary Guarantors, or any custodian, trustee, liquidator or other similar official acting in relation to either the Issuers or Subsidiary Guarantors, any amount paid by any of them to the Trustee or such Holder, these Guarantees, to the extent theretofore discharged, shall be reinstated in full force and effect. Each Subsidiary Guarantor agrees that it shall not be entitled to any right of subrogation in relation to the Holders in respect of any Obligations guaranteed hereby until payment in full of all Obligations guaranteed hereby. Each Subsidiary Guarantor further agrees that, as between the Subsidiary Guarantors, on the one hand, and the Holders and the Trustee, on the other hand, (x) the maturity of the Obligations guaranteed hereby may be accelerated as provided in Article 6 hereof for the purposes of these Guarantees, notwithstanding any stay, injunction or other prohibition preventing such acceleration in respect of the Obligations guaranteed hereby, and (y) in the event of any declaration of acceleration of such Obligations as provided in Article 6 hereof, such Obligations (whether or not due and payable) shall forthwith become due and payable by the Subsidiary Guarantors for the purpose of these Guarantees. The Subsidiary Guarantors shall have the right to seek contribution from any non-paying Subsidiary Guarantor so long as the exercise of such right does not impair the rights of the Holders under these Guarantees.", "snippet_links": [{"key": "article-10", "type": "definition", "offset": [34, 44]}, {"key": "the-subsidiary-guarantors", "type": "definition", "offset": [54, 79]}, {"key": "jointly-and-severally", "type": "clause", "offset": [88, 109]}, {"key": "a-note", "type": "definition", "offset": [156, 162]}, {"key": "by-the-trustee", "type": "clause", "offset": [191, 205]}, {"key": "to-the-trustee", "type": "clause", "offset": [210, 224]}, {"key": "successors-and-assigns", "type": "clause", "offset": [233, 255]}, {"key": "irrespective-of-the", "type": "clause", "offset": [257, 276]}, {"key": "validity-and-enforceability", "type": "clause", "offset": [277, 304]}, {"key": "the-issuers", "type": "clause", "offset": [362, 373]}, {"key": "principal-of", "type": "definition", "offset": [413, 425]}, {"key": "premium-and-interest", "type": "clause", "offset": [427, 447]}, {"key": "additional-interest", "type": "clause", "offset": [459, 478]}, {"key": "paid-in-full", "type": "clause", "offset": [519, 531]}, {"key": "interest-payment", "type": "clause", "offset": [569, 585]}, {"key": "mandatory-redemption-date", "type": "definition", "offset": [589, 614]}, {"key": "interest-on-the", "type": "clause", "offset": [662, 677]}, {"key": "overdue-principal", "type": "definition", "offset": [678, 695]}, {"key": "to-the-extent", "type": "clause", "offset": [783, 796]}, {"key": "indenture-and-the-notes", "type": "clause", "offset": [887, 910]}, {"key": "in-accordance-with", "type": "clause", "offset": [960, 978]}, {"key": "the-terms", "type": "clause", "offset": [979, 988]}, {"key": "in-case-of", "type": "clause", "offset": [1030, 1040]}, {"key": "time-of-payment", "type": "clause", "offset": [1058, 1073]}, {"key": "extension-or-renewal", "type": "clause", "offset": [1231, 1251]}, {"key": "applicable-grace-period", "type": "definition", "offset": [1268, 1291]}, {"key": "stated-maturity", "type": "definition", "offset": [1304, 1319]}, {"key": "to-pay", "type": "clause", "offset": [1528, 1534]}, {"key": "to-the-fullest-extent-permitted-by-applicable-law", "type": "clause", "offset": [1601, 1650]}, {"key": "enforceability-of-the-notes", "type": "clause", "offset": [1748, 1775]}, {"key": "any-action", "type": "definition", "offset": [1810, 1820]}, {"key": "waiver-or-consent", "type": "clause", "offset": [1846, 1863]}, {"key": "with-respect-to", "type": "clause", "offset": [1891, 1906]}, {"key": "recovery-of", "type": "clause", "offset": [1959, 1970]}, {"key": "complete-performance", "type": "definition", "offset": [2074, 2094]}, {"key": "discharge-or", "type": "clause", "offset": [2150, 2162]}, {"key": "guarantor-hereby-waives", "type": "clause", "offset": [2265, 2288]}, {"key": "demand-of-payment", "type": "clause", "offset": [2313, 2330]}, {"key": "filing-of-claims", "type": "clause", "offset": [2332, 2348]}, {"key": "insolvency-or-bankruptcy", "type": "clause", "offset": [2378, 2402]}, {"key": "right-to", "type": "definition", "offset": [2423, 2431]}, {"key": "and-covenants", "type": "clause", "offset": [2523, 2536]}, {"key": "performance-of-the-obligations", "type": "clause", "offset": [2599, 2629]}, {"key": "contained-in", "type": "definition", "offset": [2630, 2642]}, {"key": "required-by", "type": "definition", "offset": [2705, 2716]}, {"key": "return-to", "type": "definition", "offset": [2743, 2752]}, {"key": "in-relation-to", "type": "clause", "offset": [2862, 2876]}, {"key": "amount-paid", "type": "clause", "offset": [2926, 2937]}, {"key": "full-force-and-effect", "type": "definition", "offset": [3063, 3084]}, {"key": "right-of-subrogation", "type": "definition", "offset": [3156, 3176]}, {"key": "in-respect-of", "type": "clause", "offset": [3204, 3217]}, {"key": "obligations-guaranteed", "type": "clause", "offset": [3222, 3244]}, {"key": "payment-in-full-of-all-obligations", "type": "definition", "offset": [3258, 3292]}, {"key": "the-other-hand", "type": "clause", "offset": [3450, 3464]}, {"key": "article-6", "type": "clause", "offset": [3554, 3563]}, {"key": "for-the-purposes-of", "type": "clause", "offset": [3571, 3590]}, {"key": "declaration-of-acceleration", "type": "clause", "offset": [3773, 3800]}, {"key": "due-and-payable", "type": "clause", "offset": [3887, 3902]}, {"key": "for-the-purpose-of", "type": "definition", "offset": [3972, 3990]}, {"key": "any-non", "type": "clause", "offset": [4082, 4089]}, {"key": "paying-subsidiary-guarantor", "type": "definition", "offset": [4090, 4117]}, {"key": "exercise-of", "type": "clause", "offset": [4133, 4144]}, {"key": "such-right", "type": "definition", "offset": [4145, 4155]}, {"key": "rights-of-the-holders", "type": "clause", "offset": [4176, 4197]}], "hash": "8af0b355a5646e240b553aedbcf932ac", "id": 5}, {"size": 294, "samples": [{"hash": "NtrkFdr8tr", "uri": "/contracts/NtrkFdr8tr#guarantees", "label": "Fifteenth Supplemental Indenture (Celanese Corp)", "score": 36.1978111267, "published": true}, {"hash": "5vT6gH9A4zg", "uri": "/contracts/5vT6gH9A4zg#guarantees", "label": "Eleventh Supplemental Indenture (Celanese Corp)", "score": 32.6906242371, "published": true}, {"hash": "fKaq1qNW9ks", "uri": "/contracts/fKaq1qNW9ks#guarantees", "label": "Indenture (M/I Homes, Inc.)", "score": 32.6413421631, "published": true}], "snippet": "The Note will be entitled to the benefits of certain Guarantees made for the benefit of the Holders. Reference is hereby made to the Indenture for a statement of the respective rights, limitations of rights, duties and obligations thereunder of the Guarantors, the Trustee and the Holders.", "snippet_links": [{"key": "the-note", "type": "clause", "offset": [0, 8]}, {"key": "benefits-of", "type": "clause", "offset": [33, 44]}, {"key": "certain-guarantees", "type": "clause", "offset": [45, 63]}, {"key": "benefit-of-the-holders", "type": "clause", "offset": [77, 99]}, {"key": "the-indenture", "type": "clause", "offset": [129, 142]}, {"key": "statement-of", "type": "clause", "offset": [149, 161]}, {"key": "respective-rights", "type": "clause", "offset": [166, 183]}, {"key": "limitations-of-rights", "type": "clause", "offset": [185, 206]}, {"key": "duties-and-obligations", "type": "clause", "offset": [208, 230]}, {"key": "the-guarantors", "type": "clause", "offset": [245, 259]}, {"key": "the-trustee", "type": "clause", "offset": [261, 272]}], "hash": "7fc50c64e41dd44bebf2d56684a6d505", "id": 3}, {"size": 131, "samples": [{"hash": "kCZjEuuPEdS", "uri": "/contracts/kCZjEuuPEdS#guarantees", "label": "Indenture (Legacy Reserves Inc.)", "score": 29.7200546265, "published": true}, {"hash": "8imIoDG1Nwa", "uri": "/contracts/8imIoDG1Nwa#guarantees", "label": "Indenture (Legacy Reserves Inc.)", "score": 29.2600955963, "published": true}, {"hash": "hco9KnqpS06", "uri": "/contracts/hco9KnqpS06#guarantees", "label": "Indenture (American Midstream Partners, LP)", "score": 28.0088977814, "published": true}], "snippet": "The payment by the Issuers of the principal of and premium, interest and Additional Interest, if any, on the Notes is fully and unconditionally guaranteed on a joint and several senior unsecured basis by each of the Guarantors to the extent set forth in the Indenture.", "snippet_links": [{"key": "the-issuers", "type": "clause", "offset": [15, 26]}, {"key": "principal-of", "type": "definition", "offset": [34, 46]}, {"key": "additional-interest", "type": "clause", "offset": [73, 92]}, {"key": "the-notes", "type": "clause", "offset": [105, 114]}, {"key": "joint-and-several", "type": "clause", "offset": [160, 177]}, {"key": "senior-unsecured", "type": "clause", "offset": [178, 194]}, {"key": "each-of-the-guarantors", "type": "clause", "offset": [204, 226]}, {"key": "to-the-extent", "type": "clause", "offset": [227, 240]}, {"key": "the-indenture", "type": "clause", "offset": [254, 267]}], "hash": "43ec1a0cb3c3d9d4dfcf198010bc416a", "id": 9}, {"size": 292, "samples": [{"hash": "cNR6OSeSH3z", "uri": "/contracts/cNR6OSeSH3z#guarantees", "label": "Facility Agreement (Euroseas Ltd.)", "score": 37.3230667114, "published": true}, {"hash": "h7mj3w9mMB6", "uri": "/contracts/h7mj3w9mMB6#guarantees", "label": "Loan Agreement (Toro Corp.)", "score": 37.2847366333, "published": true}, {"hash": "dLQJ6rWWVKN", "uri": "/contracts/dLQJ6rWWVKN#guarantees", "label": "Facility Agreement (Okeanis Eco Tankers Corp.)", "score": 37.2135505676, "published": true}], "snippet": "Each Borrower shall ensure that any guarantees required by a protection and indemnity or war risks association are promptly issued and remain in full force and effect.", "snippet_links": [{"key": "borrower-shall", "type": "clause", "offset": [5, 19]}, {"key": "required-by", "type": "definition", "offset": [47, 58]}, {"key": "protection-and-indemnity", "type": "definition", "offset": [61, 85]}, {"key": "war-risks", "type": "definition", "offset": [89, 98]}, {"key": "full-force-and-effect", "type": "definition", "offset": [145, 166]}], "hash": "3cbdfd6d951f8de42edfa764d049c68b", "id": 4}, {"size": 135, "samples": [{"hash": "f8GylJ2GO9v", "uri": "/contracts/f8GylJ2GO9v#guarantees", "label": "Indenture (Mattel Inc /De/)", "score": 32.2114982605, "published": true}, {"hash": "dh33ra73xpO", "uri": "/contracts/dh33ra73xpO#guarantees", "label": "Indenture (Mattel Inc /De/)", "score": 32.2114982605, "published": true}], "snippet": "(a) Subject to the provisions of this Article X, each Guarantor hereby jointly and severally, irrevocably, fully and unconditionally guarantees, on a senior unsecured basis, as guarantor and not as a surety, with each other Guarantor, to each Holder, to the extent lawful, and the Trustee, the full and punctual payment when due, whether at maturity, by acceleration, by redemption or otherwise, of the principal of, premium, if any, and interest on the Notes and all other Obligations of the Issuer under this Indenture and the Notes (including, without limitation, interest accruing after the filing of any petition in bankruptcy, or the commencement of any insolvency, reorganization or like proceeding, relating to the Issuer or any Guarantor whether or not a claim for post-filing or post-petition interest is allowed in such proceeding and the obligations under Section 7.6) (all the foregoing being hereinafter collectively called the \u201cGuarantor Obligations\u201d). Each Guarantor agrees (to the extent lawful) that the Guarantor Obligations may be extended or renewed, in whole or in part, without notice or further assent from it, and that it shall remain bound under this Article X notwithstanding any extension or renewal of any Guarantor Obligation.\n(b) Each Guarantor waives (to the extent lawful) presentation to, demand of, payment from and protest to the Issuer of any of the Guarantor Obligations and also waives (to the extent lawful) notice of protest for nonpayment. Each Guarantor waives (to the extent lawful) notice of any default under the Notes or the Guarantor Obligations.\n(c) Each Guarantor further agrees that its Guarantee herein constitutes a Guarantee of payment when due (and not a Guarantee of collection) and waives any right to require that any resort be had by any Holder to any security held for payment of the Guarantor Obligations.\n(d) Except as set forth in Section 10.2 and Article VIII, the obligations of each Guarantor hereunder shall not be subject to any reduction, limitation, impairment or termination for any reason (other than payment of the Guarantor Obligations in full), including any claim of waiver, release, surrender, alteration or compromise, and shall not (to the extent lawful) be subject to any defense of setoff, counterclaim, recoupment or termination whatsoever or by reason of the invalidity, illegality or unenforceability of the Guarantor Obligations or otherwise. Without limiting the generality of the foregoing, the obligations of each Guarantor herein shall not (to the extent lawful) be discharged or impaired or otherwise affected by (a) the failure of any Holder or the Trustee to assert any claim or demand or to enforce any right or remedy against the Issuer or any other Person under this Indenture, the Notes or any other agreement or otherwise; (b) any extension or renewal of any thereof; (c) any rescission, waiver, amendment or modification of any of the terms or provisions of this Indenture, the Notes or any other agreement; (d) the release of any security held by any Holder for the Guarantor Obligations or any of them; (e) the failure of any Holder to exercise any right or remedy against any other Guarantor; (f) any change in the ownership of the Issuer; (g) any default, failure or delay, willful or otherwise, in the performance of the Guarantor Obligations; or (h) any other act or thing or omission or delay to do any other act or thing which may or might in any manner or to any extent vary the risk of any Guarantor or would otherwise operate as a discharge of such Guarantor as a matter of law or equity.\n(e) Each Guarantor agrees that its Guarantee herein shall remain in full force and effect until payment in full of all the Guarantor Obligations or such Guarantor is released from its Guarantee in compliance with Section 4.1, Section 10.2 and Article VIII. Each Guarantor further agrees that its Guarantee herein shall continue to be effective or be reinstated, as the case may be, if at any time payment, or any part thereof, of principal, premium, if any, or interest on any of the Guarantor Obligations is rescinded or must otherwise be restored by any Holder upon the bankruptcy or reorganization of the Issuer or otherwise.\n(f) In furtherance of the foregoing and not in limitation of any other right which any Holder has at law or in equity against any Guarantor by virtue hereof, upon the failure of the Issuer to pay any of the Guarantor Obligations when and as the same shall become due, whether at maturity, by acceleration, by redemption or otherwise, each Guarantor hereby promises to and shall, upon receipt of written demand by the Trustee, forthwith pay, or cause to be paid, in cash, to the Trustee or the Trustee on behalf of the Holders an amount equal to the sum of (i) the unpaid amount of such Guarantor Obligations then due and owing and (ii) accrued and unpaid interest on such Guarantor Obligations then due and owing (but only to the extent not prohibited by law) (including interest accruing after the filing of any petition in bankruptcy or the commencement of any insolvency, examinership, reorganization or like proceeding relating to the Issuer or any Guarantor whether or not a claim for post-filing or post-petition interest is allowed in such proceeding).\n(g) Each Guarantor further agrees that, as between such Guarantor, on the one hand, and the Holders, on the other hand, (x) the maturity of the Guarantor Obligations guaranteed hereby may be accelerated as provided in this Indenture for the purposes of its Guarantee herein, notwithstanding any stay, injunction or other prohibition preventing such acceleration in respect of the Guarantor Obligations guaranteed hereby and (y) in the event of any such declaration of acceleration of such Guarantor Obligations, such Guarantor Obligations (whether or not due and payable) shall forthwith become due and payable by the Guarantor for the purposes of this Guarantee.\n(h) Each Guarantor also agrees to pay any and all reasonable costs and expenses (including reasonable attorneys\u2019 fees) incurred by the Trustee or the Holders in enforcing any rights under this Section.\n(i) Neither the Issuer nor the Guarantors shall be required to make a notation on the Notes to reflect any Guarantee or any release, termination or discharge thereof and any such notation shall not be a condition to the validity of any Guarantee.\n(j) Each Guarantee shall be subject to limitations in accordance with local law in the jurisdiction of organization of the applicable Guarantor and defenses generally available to guarantors in such jurisdiction. For the avoidance of doubt, such limitations and defenses may include, but are not limited to, (i) those related to fraudulent conveyance, fraudulent transfer, voidable preference, financial assistance, corporate purpose, corporate benefit, capital maintenance, earnings stripping, retention of title claims and similar laws, regulations and defenses affecting the rights of creditors generally, (ii) such limitations and defenses as are described in the Offering Memorandum under the caption \u201cLimitations on Validity and Enforceability of the Guarantees and the Security Interests\u201d and (iii) other considerations under applicable law.", "snippet_links": [{"key": "article-x", "type": "definition", "offset": [38, 47]}, {"key": "guarantor-hereby", "type": "clause", "offset": [54, 70]}, {"key": "jointly-and-severally", "type": "clause", "offset": [71, 92]}, {"key": "senior-unsecured", "type": "clause", "offset": [150, 166]}, {"key": "other-guarantor", "type": "clause", "offset": [218, 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"Miscellaneous"], ["covenants", "Covenants"], ["representations-and-warranties", "Representations and Warranties"]], "children": [["guarantees", "Guarantees"], ["guarantee", "Guarantee"], ["limitation-on-guarantor-liability", "Limitation on Guarantor Liability"], ["subrogation", "Subrogation"], ["benefits-acknowledged", "Benefits Acknowledged"]], "id": "guarantees", "related": [["guarantee", "Guarantee", "Guarantee"], ["guaranties", "Guaranties", "Guaranties"], ["subsidiary-guaranties", "Subsidiary Guaranties", "Subsidiary Guaranties"], ["other-guarantees", "Other Guarantees", "Other <strong>Guarantees</strong>"], ["subsidiary-guarantees", "Subsidiary Guarantees", "Subsidiary <strong>Guarantees</strong>"]], "related_snippets": [], "updated": "2026-10-17T04:27:05+00:00", "also_ask": ["What are the most effective limitations to negotiate in a guarantee to minimize guarantor exposure?", "Which essential terms must be included to ensure the guarantee is enforceable in court?", "What are the most common legal pitfalls that can render a guarantee void or unenforceable?", "How do guarantee obligations differ between jurisdictions or under different legal systems?", "What evidence is typically required to prove the validity and scope of a guarantee in litigation?"], "drafting_tip": "Specify the guarantor\u2019s obligations to prevent scope disputes; define conditions triggering the guarantee to ensure clarity; require written notice for claims to facilitate enforceability.", "explanation": "A Guarantees clause sets out the specific promises or assurances that one party makes to another regarding certain facts, conditions, or performance under the contract. Typically, this clause details what is being guaranteed\u2014such as the quality of goods, the accuracy of information, or the fulfillment of obligations\u2014and may outline remedies if the guarantee is breached. Its core practical function is to allocate risk and provide assurance, giving the receiving party confidence that key aspects of the agreement will be met or compensated if not."}, "json": true, "cursor": ""}}