Guaranty of Obligation Sample Clauses

Guaranty of Obligation. Guarantor hereby irrevocably and unconditionally guarantees to Lender and its successors and assigns the payment and performance of the Guaranteed Obligations as and when the same shall be due and payable, whether by lapse of time, by acceleration of maturity or otherwise. Guarantor hereby irrevocably and unconditionally covenants and agrees that it is liable for the Guaranteed Obligations as a primary obligor.
AutoNDA by SimpleDocs
Guaranty of Obligation. (a) Subject to Section 1.10 hereof, each Guarantor hereby irrevocably and unconditionally guarantees to the Class A Member and its successors and assigns the payment and performance of the Guaranteed Obligations (as defined below) as and when the same shall be due and payable, whether by lapse of time, by acceleration of maturity or otherwise. Each Guarantor hereby irrevocably and unconditionally covenants and agrees that it is liable for the Guaranteed Obligations as a primary obligor.
Guaranty of Obligation. Guarantor hereby absolutely, irrevocably and unconditionally guarantees to Lender (and its successors and assigns), jointly and severally, the payment and performance of the Guaranteed Obligations as and when the same shall be due and payable, whether upon demand by Lender or by lapse of time, by acceleration of maturity or otherwise. Guarantor hereby absolutely, irrevocably and unconditionally covenants and agrees that it is liable, jointly and severally, for the Guaranteed Obligations as a primary obligor, and that each Guarantor shall fully perform, jointly and severally, each and every term and provision hereof.
Guaranty of Obligation. Guarantors hereby irrevocably and unconditionally guarantee, jointly and severally, to the Credit Parties (a) the due and punctual payment of the Guaranteed Debt, and (b) the timely performance of all other obligations now or hereafter owed by Borrower to the Credit Parties under the Credit Agreement. Each Guarantor hereby irrevocably and unconditionally covenants and agrees that it is liable for the Guaranteed Debt as primary obligor.
Guaranty of Obligation. Guarantor hereby irrevocably, absolutely and unconditionally guarantees to Agent and Lenders and their respective successors and assigns the payment and performance of the Guaranteed Obligations as and when the same shall be due and payable, whether by lapse of time, by acceleration of maturity or otherwise. Guarantor hereby irrevocably and unconditionally covenants and agrees that it is liable for the Guaranteed Obligations as a primary obligor.
Guaranty of Obligation. (a) Subject to the limitations set forth in Section 1.1(b) hereof, Guarantor irrevocably and unconditionally guarantees to Lessor (and its successors and assigns), the payment and performance of the Guaranteed Obligations as and when the same shall be due and payable. Guarantor irrevocably and unconditionally agrees that it is liable for the Guaranteed Obligations as a primary obligor, and that it shall fully perform each and every term and provision hereof.
Guaranty of Obligation. (a) Guarantor hereby irrevocably and unconditionally guarantees to Administrative Agent (for the benefit of the Lenders) the payment and performance of the Guaranteed Obligations as and when the same shall be due and payable, whether by lapse of time, by acceleration of maturity or otherwise. Guarantor hereby irrevocably and unconditionally covenants and agrees that it is fully and personally liable for the Guaranteed Obligations as a primary obligor as set forth herein. As used herein, the term "
AutoNDA by SimpleDocs
Guaranty of Obligation. (a) Guarantor unconditionally, irrevocably and absolutely, jointly and severally, guarantees to Lender (i) that all obligations and indebtedness evidenced by or provided in the Note and the other Related Documents will be promptly paid when due and in accordance with the terms and provisions thereof (and as they may be amended, extended or renewed from time to time), and (ii) the prompt and full payment, performance and observance, when due, of all other indebtedness, liabilities, obligations and duties of every kind and character of Borrower to Lender under the Loan Agreement and the Related Documents, whether absolute or contingent, joint or several, secured or unsecured, due or not due, contractual or tortious, liquidated or unliquidated, arising by operation of law or otherwise, direct or indirect, and including, but not limited to, any debt, obligation or liability of Borrower to Lender as a member of any partnership, syndicate, association or other group, or whether incurred by Borrower as principal, surety, endorser, accommodation party or otherwise; including, without limitation, interest on all of the above amounts as agreed upon between Borrower and Lender, or if there is no agreement, at the highest lawful rate, and any and all renewals, extensions and rearrangements of all or any part of the indebtedness, obligations and liabilities hereinabove described. Guaranty Agreement
Guaranty of Obligation. This Guaranty is made by X. X. Xxxxxx Company, a Delaware corporation ("Guarantor"), in favor of Tenaska Georgia Partners, L.P., a Delaware limited partnership ("Owner") with respect to that certain Engineering, Procurement and Construction Agreement dated the 15th day of September, 1999, between Tenaska Georgia I, L.P., a Delaware limited partnership ("Tenaska") and Xxxxxx Construction Corporation, a Delaware corporation ("Contractor") for the construction of the Tenaska Georgia Generation Station in Heard County, Georgia, as amended, supplemented or otherwise modified from time to time, (hereinafter called the "EPC Agreement"). Tenaska, having assigned the EPC Agreement to Owner, effective November 10, 1999, and such assignment having been consented to by Contractor, now requires this Guaranty, as provided in the EPC Agreement. Contractor is an affiliate of Guarantor. Guarantor will derive direct and indirect benefit from the making of the Guaranty.
Guaranty of Obligation. Each Guarantor hereby jointly and severally (except as otherwise expressly provided in the proviso at the end of Section 1.2(c) hereof), irrevocably and unconditionally guarantees to Lender and its successors and assigns the payment and performance of the Guaranteed Obligations as and when the same shall be due and payable, whether by lapse of time, by acceleration of maturity or otherwise. Each Guarantor hereby jointly and severally (except as otherwise expressly provided in the proviso at the end of Section 1.2(c) hereof), irrevocably and unconditionally covenants and agrees that it is liable for the Guaranteed Obligations as a primary obligor.
Time is Money Join Law Insider Premium to draft better contracts faster.