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.
Appears in 5 contracts
Samples: Master Guaranty (Crescent Operating Inc), Guaranty of Lease (Crescent Operating Inc), Guaranty Agreement (Crescent Operating Inc)
Guaranty of Obligation. (a) Subject to the express limitations set forth in Section 1.1(b) hereof5.15 below, Guarantor hereby irrevocably and unconditionally guarantees to Lessor (Lender and its successors and assigns), assigns the payment and performance of the Guaranteed Obligations as and when the same shall be due and payable. Guarantor hereby irrevocably and unconditionally covenants and 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.
Appears in 1 contract
Samples: Guaranty Agreement Regarding Pip Requirements (Inland American Real Estate Trust, Inc.)