Guaranty of Debt. Each Guarantor hereby irrevocably, unconditionally, and jointly and severally guarantees for the ratable benefit1 of each Lender the prompt payment of each such Lender's Pro Rata Share of the Guaranteed Obligations, which shall be immediately due and payable upon demand after the occurrence of any default or event of default under any of the Documents.
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Samples: Amended and Restated Guaranty Agreement (Earth Biofuels Inc), Amended and Restated Guaranty Agreement (Earth Biofuels Inc), Amended and Restated Guaranty Agreement (PNG Ventures Inc)
Guaranty of Debt. Each Guarantor hereby irrevocably, unconditionally, and jointly and severally guarantees for the ratable benefit1 of each Lender the prompt payment of each such Lender's ’s Pro Rata Share of the Guaranteed ObligationsTotal Debt, which shall be immediately due and payable upon demand after the occurrence of any default or event of default under any of the Documents.following events:
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