Common use of Guaranty of Sellers’ Obligations Clause in Contracts

Guaranty of Sellers’ Obligations. The Performance Guarantor on and after the Effective Date hereby guarantees to the Depositor, the Issuer, the Trustee and the Collateral Agent on behalf of all holders of Notes the full and punctual payment and performance of all of Wyndham’s Seller Obligations under the Wyndham Purchase Agreement and all of Trendwest’s Seller Obligations under the Trendwest Purchase Agreement.

Guaranty of Sellers’ Obligations. The Performance Guarantor on and after the Effective Date hereby guarantees to the Depositor, the Issuer, the Trustee and the Collateral Agent on behalf of all holders of Notes and the Insurer the full and punctual payment and performance of all of Wyndham’s Seller Obligations under the Wyndham Purchase Agreement and all of Trendwest’s Seller Obligations under the Trendwest Purchase Agreement.