Common use of Guaranty of Performance Clause in Contracts

Guaranty of Performance. Guarantor hereby unconditionally and irrevocably guarantees to Lender the complete performance when due of all other Obligations of Borrower under all of the Loan Documents, including, without limiting the generality of the foregoing, all such Obligations of Borrower to duly and punctually perform and observe all other terms, covenants and conditions of the Note, the Loan Agreement, and all other Loan Documents. The foregoing obligations guaranteed under this Section are defined as the “Guaranteed Performance Obligations.” The Guaranteed Performance Obligations are included as part of the Guaranteed Obligations for all purposes of this Guaranty. The liability and obligations under this Section shall not be limited or restricted by the existence of, or any terms of, the guaranty of payment under Section 1.

Appears in 3 contracts

Samples: Venus Concept Inc., Venus Concept Inc., Venus Concept Inc.

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Guaranty of Performance. Guarantor hereby unconditionally and irrevocably guarantees to Lender the complete performance when due of all other Obligations obligations of Borrower under all of the Loan Documents, including, without limiting the generality of the foregoing, all such Obligations obligations of Borrower to duly and punctually perform and observe all other terms, covenants and conditions of the Note, the Loan Agreement, Agreement and all other Loan Documents. The foregoing obligations guaranteed under this Section are defined as the “Guaranteed Performance Obligations.” The Guaranteed Performance Obligations are included as part of the Guaranteed Obligations for all purposes of this Guaranty. The liability and obligations under this Section shall not be limited or restricted by the existence of, or any terms of, the guaranty of payment under Section 1.

Appears in 1 contract

Samples: Priority Loan Facility (Venus Concept Inc.)

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Guaranty of Performance. Guarantor hereby unconditionally and irrevocably guarantees to Lender the complete performance when due of all other Obligations of Borrower under all of the Loan Documents, including, without limiting the generality of the foregoing, all such Obligations of Borrower to duly and punctually perform and observe all other terms, covenants and conditions of the Note, the Loan Agreement, the Mortgage, the Security Agreement, the Environmental Indemnity and all other Loan Documents. The foregoing obligations guaranteed under this Section are defined as the “Guaranteed Performance Obligations.” The Guaranteed Performance Obligations are included as part of the Guaranteed Obligations for all purposes of this Guaranty. The liability and obligations under this Section shall not be limited or restricted by the existence of, or any terms of, the guaranty of payment under Section 1.

Appears in 1 contract

Samples: Payment and Performance (Ivax Diagnostics Inc)

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