OBJECT OF THE GUARANTEE Sample Clauses

OBJECT OF THE GUARANTEE. The Guarantor will pay any and all sums due, or to become due, by the Borrower to the Beneficiary, under or in connection with the Agreement, whether as principal, inter- est or otherwise, and which have not been paid by the Borrower at the time that such demand is made. Any demand for payment under this Guarantee must be sent by registered mail to the Guarantor. The registered letter containing the demand under the Guarantee must specify any and all amounts due to the Beneficiary by the Borrower (whether as principal, interest or otherwise) and which have not been paid by the Borrower at the time that such demand is made.
Sample 1
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OBJECT OF THE GUARANTEE. Without prejudice to article 19.2, and in accordance with the Protocol, the Belgian State, the French State and the Luxembourg State severally, but not jointly, each to the extent of its quota indicated in Article 5 and according to the terms and conditions of the present Agreement, guarantee the performance by Dexia SA, Dexia Banque Internationale à Luxembourg, limited company, Dexia Bank Belgium and Dexia Crédit Local (including their foreign branches listed in Appendix 3) and their issuance vehicles under Belgian, French and Luxembourg Law (the “Guaranteed Entities”) (the “Guarantee”) of their repayment obligations to Third Party Beneficiaries (in principal, interest and incidental amounts) in any currency, resulting from financings in the form of Contracts, Securities or Financial Instruments initially raised by a Guaranteed Entity with Third Party Beneficiaries, and consistent with the criteria provided in Appendix 2 of the Agreement (hereinafter “the Guaranteed Obligations”).
Sample 1
OBJECT OF THE GUARANTEE. Without prejudice to article 20.2, and in accordance with the Protocol, the Belgian State, the French State and the Luxembourg State severally, but not jointly, each to the extent of its quota indicated in Article 5 and according to the terms and conditions of the present Agreement, guarantee the performance by Dexia SA, Dexia Banque Internationale à Luxembourg, limited company, Dexia Bank Belgium and Dexia Crédit Local (including their foreign branches listed in Appendix 3) and their issuance vehicles under Belgian, French and Luxembourg Law (the “Guaranteed Entities”) (the “Guarantee”) of their repayment obligations to Third Party Beneficiaries (in principal, interest and incidental amounts) in any currency, resulting from financings in the form of Contracts, Securities or Financial Instruments initially raised with Third Party Beneficiaries, consistent with the criteria provided in Appendix 2 of the Agreement, contracted or issued between 9 October 2008 inclusive and 31 October 2009 inclusive, and maturing at the latest on 31 October 2011 inclusive (hereinafter “the Guaranteed Obligations”).
Sample 1

Related to OBJECT OF THE GUARANTEE

  • The Guarantee Each Guarantor hereby jointly and severally with the other Guarantors guarantees, as a primary obligor and not merely as a surety to each Secured Party and their respective permitted successors and assigns, the prompt payment in full when due (whether at stated maturity, by required prepayment, declaration, demand, by acceleration or otherwise) of the principal of and interest (including any interest, fees, costs or charges that would accrue but for the provisions of (i) the Title 11 of the United States Code after any bankruptcy or insolvency petition under Title 11 of the United States Code and (ii) any other Debtor Relief Laws) on the Loans made by the Lenders to, and the Notes held by each Lender of, the Borrower, and all other Secured Obligations from time to time owing to the Secured Parties by any Loan Party or any Subsidiary under any Loan Document or any Secured Hedge Agreement or any Treasury Services Agreement, in each case strictly in accordance with the terms thereof (such obligations, including any future increases in the amount thereof, being herein collectively called the “Guaranteed Obligations”); provided, however, that Guaranteed Obligations shall exclude all Excluded Swap Obligations. The Guarantors hereby jointly and severally agree that if the Borrower or other Guarantor(s) shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors will promptly pay the same in cash, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.

  • Guarantee The Guarantor irrevocably and unconditionally agrees to pay in full to the Holders the Guarantee Payments (without duplication of amounts theretofore paid by the Issuer), as and when due, regardless of any defense, right of set-off or counterclaim that the Issuer may have or assert. The Guarantor's obligation to make a Guarantee Payment may be satisfied by direct payment of the required amounts by the Guarantor to the Holders or by causing the Issuer to pay such amounts to the Holders.

  • Daily Guarantee (a) Subject to the provisions of subsection (c), an employee reporting for a scheduled shift on the call of the Employer, shall receive the employee's regular hourly rate of pay for the entire period spent at the place of work, with a minimum of two (2) hours' pay at the regular hourly rate.

  • Weekly Guarantee Apprentices must be employed a minimum of forty (40) hours per week.

  • Guaranty Each Guarantor hereby absolutely and unconditionally, jointly and severally guarantees, as primary obligor and as a guaranty of payment and performance and not merely as a guaranty of collection, prompt payment when due, whether at stated maturity, by required prepayment, upon acceleration, demand or otherwise, and at all times thereafter, of any and all Secured Obligations (for each Guarantor, subject to the proviso in this sentence, its “Guaranteed Obligations”); provided that (a) the Guaranteed Obligations of a Guarantor shall exclude any Excluded Swap Obligations with respect to such Guarantor and (b) the liability of each Guarantor individually with respect to this Guaranty shall be limited to an aggregate amount equal to the largest amount that would not render its obligations hereunder subject to avoidance under Section 548 of the Bankruptcy Code of the United States or any comparable provisions of any applicable state law. Without limiting the generality of the foregoing, the Guaranteed Obligations shall include any such indebtedness, obligations, and liabilities, or portion thereof, which may be or hereafter become unenforceable or compromised or shall be an allowed or disallowed claim under any proceeding or case commenced by or against any debtor under any Debtor Relief Laws. The Administrative Agent’s books and records showing the amount of the Obligations shall be admissible in evidence in any action or proceeding, and shall be binding upon each Guarantor, and conclusive for the purpose of establishing the amount of the Secured Obligations. This Guaranty shall not be affected by the genuineness, validity, regularity or enforceability of the Secured Obligations or any instrument or agreement evidencing any Secured Obligations, or by the existence, validity, enforceability, perfection, non-perfection or extent of any collateral therefor, or by any fact or circumstance relating to the Secured Obligations which might otherwise constitute a defense to the obligations of the Guarantors, or any of them, under this Guaranty, and each Guarantor hereby irrevocably waives any defenses it may now have or hereafter acquire in any way relating to any or all of the foregoing.

  • WARRANTIES/GUARANTEES 17.1 The Company guarantees that:

  • Guarantees The Note will be entitled to the benefits of certain Guarantees made for the benefit of the Holders. Reference is hereby made to the Indenture for a statement of the respective rights, limitations of rights, duties and obligations thereunder of the Guarantors, the Trustee and the Holders.

  • Warranty/Guarantee 14.1.1 Developer shall obtain and preserve for the benefit of the District, manufacturer’s warranties on materials, fixtures, and equipment incorporated into the Work.

  • DISCLAIMER OF GUARANTEE Nothing in this Contract and nothing in Attorneys’ statements to Client will be construed as a promise or guarantee about the outcome of Client’s matter. Attorneys make no such promises or guarantees. Attorneys’ comments about the outcome of Client’s matter are expressions of opinion only.

  • WARRANTIES, GUARANTEES AND MAINTENANCE 11.1 Copies of the following documents, if requested, shall accompany the bid proposal for all items being bid:

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