OBLIGATION OF GUARANTOR. Guarantor absolutely and unconditionally guarantees to the Obligee the payment and performance of all indebtedness, obligations and liabilities (the "Indebtedness") of or owed by Borrower to Obligee (and also to others, to the extent of participations granted them by Obligee) now existing or hereafter incurred or created, direct or indirect, absolute or contingent, arising in connection with that one certain Promissory Note of even date herewith from Borrower to Obligee in the original principal amount of $1,650,000.00. The obligations of Guarantor contained in this guaranty shall be absolute and unconditional, without regard to the validity, legality, regularity or enforceability of the Indebtedness or any instrument evidencing, securing or relating to said Indebtedness and shall not be reduced or affected in any way by any failure or omission to enforce any right against Borrower or Guarantor or by any other action which may in any manner or to any extent vary the risks of Guarantor or which might otherwise constitute a legal or equitable discharge of Guarantor; it being the purpose and intent of the parties hereto that this guaranty and the obligations of Guarantor hereunder shall be absolute and unconditional under any and all circumstances and shall not be discharged except by payment and performance as herein provided. Guarantor agrees that, without the necessity of any reservation of rights against Guarantor and without notice to or further assent by Guarantor, (1) any demand for payment of any or all of the Indebtedness may be rescinded by the party making such demand and the Indebtedness reinstated or continued, and (2) the Indebtedness or any collateral security therefor or rights of offset with respect thereto may, from time to time, in whole or in part, be renewed, extended, modified, rearranged, compromised or released by Obligee or, without notice to or further assent by Guarantor, who will remain bound hereunder; notwithstanding any such rescission, renewal, extension, modification, rearrangement, compromise or release.
OBLIGATION OF GUARANTOR. Guarantor hereby absolutely and unconditionally delivers this Guaranty to Lender and hereby absolutely and unconditionally guarantees to Lender and any transferee of this Guaranty or of any Liability guaranteed hereby, the prompt and full payment of all Liabilities. Guarantor agrees that if Borrower fails to fully and timely perform any Liability, Guarantor will fully and timely perform the Liability without resort by the Lender to any other Person. Any obligation of the Guarantor hereunder is in addition to and shall not prejudice or be prejudiced by any other agreement, instrument, surety or guaranty (including any other agreement, instrument, surety or guaranty signed by Guarantor) which Lender may now or hereafter hold relative to any of the Liabilities. Any payment of Guarantor hereunder may be applied to any of the Liabilities as Lender may choose. The obligation of Guarantor to Lender hereunder is primary, absolute and unconditional.
OBLIGATION OF GUARANTOR. Guarantor absolutely and unconditionally guarantees to Lenders, their successors and assigns (whether collateral assigns or otherwise), the prompt and full payment in United States currency and performance to Lenders at the place of business of Lenders set forth above or at such other place and to such other person as Lenders may designate at maturity of any and every obligation, in connection with which either as maker, drawer, guarantor, endorser or otherwise, whether directly, indirectly or contingently, Borrower is, either individually or jointly and severally with any other person or persons, or shall become at any time in the future liable to Lenders, with interest thereon at the rate or rates provided in the obligations guaranteed hereby or at the maximum rate allowed from time to time by law in Florida, whichever is less, until payment in full has been received by Lenders, together with all attorneys' fees, costs and expenses of collection whether suit be brought or not, including costs, expenses and attorneys' fees on appeal if an appeal is taken from any suit, incurred by Lenders, in connection with any matter covered by this Guarantee. Guarantor also absolutely and unconditionally guarantees the full and timely performance of all duties and obligations whatsoever of Borrower to Lenders, whether now existing or hereafter arising, and agrees in the event Borrower fails to fully and timely perform any of said duties and obligations to fully and timely perform same.
OBLIGATION OF GUARANTOR. The Guarantor shall have no obligation under this Guaranty to pay or perform the Borrower’s Obligations to Lender until such time that an Event of Default occurs and continues under the Loan Documents. Upon the occurrence and continuance of an Event of Default under the Loan Documents the obligations of the Guarantor hereunder shall automatically become due and payable to the Lender, without notice, demand or acceleration.
OBLIGATION OF GUARANTOR. The Guarantor absolutely and unconditionally guarantees to the Lenders, their successors and assigns (whether collateral assigns or otherwise), the prompt and full payment in United States currency and performance to the Lenders at the place of business of the Lenders set forth above or at such other place and to such other person as the Lenders may designate at maturity of any and every obligation, in connection with which either as maker, drawer, guarantor, endorser or otherwise, whether directly, indirectly or contingently, the Borrower is, either individually or jointly and severally with any other person or persons, nor or shall become at any time in the future liable to the Lenders, with interest thereon at the rate or rates provided in the obligations guaranteed hereby or at the maximum rate allowed from time to time by law in Florida, whichever is less, until payment in full has been received by Lenders, together with all attorneys' fees, costs and 41 expenses of collection whether suit be brought or not, including costs, expenses and attorneys' fees on appeal if an appeal is taken from any suit, incurred by the Lenders, in connection with any matter covered by this Guaranty. The Guarantor also absolutely and unconditionally guarantees the full and timely performance of all duties and obligations whatsoever of the Borrower to Lenders, whether now existing or hereafter arising, and agrees in the event the Borrower fails to fully and timely perform any of said duties and obligations to fully and timely perform same.
OBLIGATION OF GUARANTOR. 1.1. The Guarantor absolutely and unconditionally guarantees to the Creditor, its successors and assigns (whether collateral assigns or otherwise), the prompt and full payment in the United States currency and performance to the Creditor at the place of business of the Creditor set forth above or at such other place and to such other person as the Creditor may designate at maturity of the following obligations for which Borrower is liable to the Creditor with interest thereon at the rate or rates provided in the obligations guaranteed hereby or at the maximum rate allowed from time to time by law in Florida, whichever is less, until payment in full has been received by Creditor, together with all attorneys’ fees, costs and expenses of collection whether suit be brought or not, including costs, expenses and attorneys’ fees in any bankruptcy proceeding or on appeal if an appeal is taken from any suit, incurred by the Creditor, in connection with any matter covered by this Guaranty.
OBLIGATION OF GUARANTOR. The Guarantor absolutely and unconditionally guarantees to the Bank, its successors and assigns (whether collateral assigns or otherwise), the prompt and full payment of (i) the Notes, and all renewals, extensions, replacements, modifications or amendments thereof, (ii) all future advances or other advances of money made pursuant to the Notes, (iii) all advances of money made by Bank pursuant to any other documents executed or given in connection with the Notes, (iv) any and all amounts for which Borrower may now or hereafter become indebted to Bank in any capacity, whether as maker, drawer, guarantor, endorser or otherwise, directly or indirectly, primarily or secondarily, jointly or severally, contingent or otherwise, (v) interest on any of the foregoing at the rate or rates provided for in the applicable instrument, and (vi) all attorneys' fees, costs and expenses of collection incurred by the Bank, in connection with any matter covered by this Guaranty, whether incurred at trial, on appeal, in any bankruptcy proceeding or otherwise.
OBLIGATION OF GUARANTOR. It is the unambiguous and unequivocal intention of Guarantor that such Guarantor shall be obligated to pay the Obligations when due, notwithstanding any occurrence, circumstance, event, action, or omission whatsoever (including, without limitation, the unenforceability of the Purchase Agreement, or any document, instrument, contract or understanding between Customer and Wintrust), whether contemplated or uncontemplated, and whether or not otherwise or particularly described herein, except for the full and final payment and satisfaction of the Obligations. ARTICLE III:
OBLIGATION OF GUARANTOR. Notwithstanding anything herein to the contrary, this Guaranty shall at all times be the sole obligation of the Guarantor and Guarantor's failure to pay or perform all or any of the Guaranteed Obligations shall not entitle Credit Enhancer to recourse against any of Guarantor's shareholders, members, general or limited partners, officers, director's or employees; provided, however, that no provision of this section 24 shall limit, impair or affect any guaranty or similar agreement executed in connection with the Guaranteed Obligations, or otherwise in connection with the Reimbursement Agreement.
OBLIGATION OF GUARANTOR. The Guarantor, on behalf of himself and his successors, assigns, legal representatives and heirs, jointly and severally, absolutely and unconditionally guarantees to the Landlord, its successors and assigns, the full and prompt performance and observance of all the provisions, terms and conditions of the Lease which Tenant is required to perform and observe, including, without limitation, the rules and regulations which Landlord may deliver to Tenant during the Lease Term pursuant to the Lease. There shall be absolutely no requirement of any notice of non-payment, non-performance, or non-observance, or requirement of proof, or notice, or demand. This guaranty is continuing, absolute and unconditional.
