Guaranty and Indemnity Sample Clauses

Guaranty and Indemnity. The Parent irrevocably and unconditionally: (i) guarantees to each Lender Creditor punctual performance by each other Credit Party of all that Credit Party’s Credit Document Obligations under the Credit Documents; or (ii) undertakes with each Lender Creditor that whenever another Credit Party does not pay any amount when due under or in connection with any Credit Document, the Guarantor shall immediately on demand pay that amount as if it was the principal obligor; and (iii) agrees with each Lender Creditor that if any obligation guaranteed by it is or becomes unenforceable, invalid or illegal, it will, as an independent and primary obligation, indemnify that Lender Creditor immediately on demand against any cost, loss or liability it incurs as a result of a Credit Party not paying any amount which would, but for such unenforceability, invalidity or illegality, have been payable by it under any Credit Document on the date when it would have been due. The amount payable by the Guarantor under this indemnity will not exceed the amount it would have had to pay under this Section 15 if the amount claimed had been recoverable on the basis of a guarantee.
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Guaranty and Indemnity. The Parent irrevocably and unconditionally:
Guaranty and Indemnity. USTB hereby irrevocably and unconditionally guarantees to Coventry the full performance of all of the financial obligations of under the provisions of the Advisory Contract hereby assumed by Boston Trust. USTB agrees to indemnify, defend and hold Coventry harmless from and against any and all loss, cost, damage or expense (including reasonable fees of counsel) whatsoever resulting from or arising out of any breach by Boston Trust of any obligation of the Advisory Contract hereby assumed by Boston Trust. USTB hereby waives any requirement that Coventry exhaust any right or remedy or proceed or take any action against Boston Trust or any other person or entity before exercising any right or remedy against USTB under this Agreement. The obligations of USTB hereunder are absolute and unconditional. USTB's guaranty and indemnity shall be a continuing guaranty and indemnity and shall continue in force and effect until all of the obligations hereby assumed by Boston Trust shall have been satisfied in full.
Guaranty and Indemnity. The Guaranty, duly executed by each Mortgagor; and the Indemnity, duly executed by Borrower and the applicable Mortgagor;
Guaranty and Indemnity. The Guarantor unconditionally guarantees to pay any or all outstanding amounts (existing or subsequent amounts) due and payable or to be due and payable by the Principal Debtor under Such Agreements (including any modification or supplement made thereto from time to time as well as any deal confirmation or similar confirmation documents made on reliance of the Main Agreement), with or without other guaranty, that become due as a result of maturity or accelerated repayment or any other reasons. The debt shall include but not limited to principal, interest, charge, default interest, penalty, cost, expenditure, compensation, payment, expense, and any expense or other payment obligations arising from the enforcement by the Guarantee of the rights prescribed hereunder or strict performance of any terms or clauses hereof (all aforesaid obligations are herein referred to as the “Debt”). In the event the Principal Debtor fails to pay full amount of any Debt (at the prescribed due date or any other due date agreed as a result of accelerated repayment or any other reasons), the Guarantor shall, at the request of the Guarantee, pay said Debt to the Guarantee on behalf of the Principal Debtor without any delay, as if the Guarantor had become the Principal Debtor in place of the actual Principal Debtor. The Guarantor shall meanwhile pay any interest accrued on such overdue Debt from the due date of payment to the date when the Guarantor fully pays the required amounts under this Letter, at a rate equal to the annual interest rate applicable to such Debt payable by the Principal Debtor from time to time under the Financing Agreement. This Letter is a repayment guarantee instead of a guarantee for debt collection. The due and outstanding amounts of debt and expenses set forth on the vouchers produced by the Guarantee shall be final to the Guarantor. As an independent obligation, the Guarantor agrees that if any debt guaranteed by the Guarantor becomes unenforceable, invalid or illegal (whether such circumstance exists now or whether it has become known or may become known to any Party hereto in the future), the Guarantor shall, as a major obligation of the Guarantor and upon request by the Guarantee, immediately indemnify the Guarantee for any cost, loss or indebtedness incurred as a result of such circumstance. The amount of such cost, loss or indebtedness of the Guarantee shall be equal to the amounts otherwise repayable to the Guarantee.
Guaranty and Indemnity. INTRUST Bank hereby irrevocably and unconditionally guarantees to American Independence Funds the full performance of all of the obligations of INTRUST Financial under the provisions of the Advisory Contract and the Sub-Advisory Contracts hereby assumed by INTRUST Financial. INTRUST Bank agrees to indemnify, defend and hold harmless the American Independence Funds from and against any and all loss, cost, damage or expense (including reasonable fees of counsel) whatsoever resulting from or arising out of any breach by INTRUST Financial of any obligation of the Advisory Contract or the Sub-Advisory Contracts hereby assumed by INTRUST Financial. INTRUST Bank hereby waives any requirement that American Independence Funds exhaust any right or remedy or proceed or take any action against INTRUST Financial or any other person or entity before exercising any right or remedy against INTRUST Bank under this Agreement. The obligations of INTRUST Bank hereunder are absolute and unconditional. INTRUST Bank's guaranty and indemnity shall be a continuing guaranty and indemnity and shall continue in full force and effect until all of the obligations hereby assumed by INTRUST Financial shall have been satisfied in full.
Guaranty and Indemnity. The Guarantor irrevocably and unconditionally guarantees (the “Guarantee”) the full and prompt payment when due (whether by acceleration or otherwise) of the principal of and interest on the Loans and all Acknowledgments of Debt issued under this Agreement and of all other payment obligations and liabilities (including, without limitation, indemnities, fees and interest thereon and Erroneous Payment Subrogation Rights) of the Borrowers now existing or hereafter incurred under, arising out of or in connection with this Agreement or any other Loan Document and the due performance and compliance with the payment terms of the Loan Documents by the Borrowers, including all interest and expenses accrued or incurred subsequent to the commencement of any bankruptcy or insolvency proceeding with respect to any Borrower, (a) with respect to any principal payments due under the Loan Documents, immediately as if the Guarantor were the principal obligor, and (b) with respect to any other payment, within five (5) Business Days of demand therefor. This Guarantee constitutes a guarantee of payment and not of collection.
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Guaranty and Indemnity. 68 Section 9.1. Guaranty.....................................................68 Section 9.2. Joint and Several Indemnity..................................68 Section 9.3. Acceleration of Payment......................................69 Section 9.4. Guaranty of Payment, Independently Enforceable...............69
Guaranty and Indemnity. The Trust Company hereby irrevocably and unconditionally guarantees to the Trust the full performance of all of the obligations under the provisions of the Advisory Agreement hereby assumed by the Adviser, including all financial obligations. The Trust Company agrees to indemnify, defend and hold the Trust harmless from and against any and all loss, cost, damage or expense whatsoever resulting from or arising out of any breach by the Adviser of any obligation under the Advisory Agreement hereby assumed by the Adviser.
Guaranty and Indemnity. SCTB hereby irrevocably and unconditionally guarantees to Coventry the full performance of all of the financial obligations of under the provisions of the Advisory Contract hereby assumed by SMC. SCTB agrees to indemnify, defend and hold Coventry harmless form and against any and all loss, cost, damage or expense (including reasonable fees of counsel) whatsoever resulting from or arising out of any breach by SMC of any obligation of the Advisory Contract hereby assumed by SMC. SCTB hereby waives any requirement that Coventry exhaust any right or remedy or proceed or take any action against SMC or any other person or entity before exercising any right or remedy against SCTB under this Agreement. The obligations of SCTB hereunder are absolute and unconditional. SCTB's guaranty and indemnity shall be a continuing guaranty and indemnity and shall continue in force and effect until all of the obligations hereby assumed by SMC shall have been satisfied in full.
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