Common use of GUARANTY AND SURETY Clause in Contracts

GUARANTY AND SURETY. The Guarantor does hereby absolutely and unconditionally for the benefit of (i) the Agent and the Lenders under the Credit Agreement and (ii) NationsBank as lender under the ESOP Loan Agreement (collectively, the "Beneficiaries"), guarantee and become surety for the full and timely payment when due (whether by acceleration or otherwise) (including amounts which, but for the operation of the automatic stay under Section 362(a) of the Bankruptcy Code (or any successor statute), would become due) of:

Appears in 3 contracts

Samples: Guaranty and Suretyship Agreement (Vitas Healthcare Corp), Guaranty and Suretyship Agreement (Vitas Healthcare Corp), Guaranty and Suretyship Agreement (Vitas Healthcare Corp)

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GUARANTY AND SURETY. The Guarantor does hereby absolutely and unconditionally for the benefit of (i) the Agent and the Lenders under the Credit Agreement and (ii) NationsBank as lender under the ESOP Loan Agreement (collectively, the "Beneficiaries"), guarantee and become surety for the full and timely payment when due (whether by acceleration or otherwise) (including amounts which, but for the operation of the automatic stay under Section 362(a362 (a) of the Bankruptcy Code (or any successor statute), would become due) of:

Appears in 1 contract

Samples: Guaranty and Suretyship Agreement (Vitas Healthcare Corp)

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