Common use of Obligations Guaranteed Clause in Contracts

Obligations Guaranteed. Subject to the provisions of this Article 2, the Guarantor hereby unconditionally guarantees (a) to each Holder of a Security authenticated and delivered by the Trustee or Authenticating Agent, (i) the full and prompt payment of the principal of, and premium, if any, and interest on, and any Redemption Price with respect to, such Security, when, where and as the same shall become due and payable, whether at the stated maturity thereof, by acceleration, call for redemption or otherwise in accordance with the terms of such Security and the Indenture and (ii) the full and prompt payment of interest on the overdue principal and interest, if any, on such Security, at the rate specified in such Security and to the extent lawful and (b) to the Trustee the full and prompt payment upon written demand therefor of all amounts due to it in accordance with the terms of the Indenture (collectively the “Guaranteed Obligation”). If for any reason the Company shall fail punctually to pay any such Guaranteed Obligation, the Guarantor hereby agrees to cause any such Guaranteed Obligation to be made punctually when, where and as the same shall become due and payable, whether at the stated maturity thereof, by acceleration, call for redemption or otherwise. All payments by the Guarantor hereunder shall be paid in lawful money of the United States of America. This Guarantee is unsecured and ranks equally in right of payment with all of the Guarantor’s existing and future senior indebtedness.

Appears in 14 contracts

Samples: Indenture (Principal Financial Group Inc), Indenture (Principal Financial Group Inc), Indenture (Principal Financial Group Inc)

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Obligations Guaranteed. Subject to the provisions of this Article 2II, the Guarantor hereby fully, unconditionally and irrevocably guarantees (a) to each Holder of a Security Senior Note authenticated and delivered by the Trustee or Authenticating Agent, (i) the full and prompt payment of the principal of, and premium, if any, and interest on, and any Redemption Price with respect to, such SecuritySenior Note, when, where and as the same shall become due and payable, whether at the stated maturity thereof, by acceleration, call for redemption or otherwise in accordance with the terms of such Security Senior Note and the Indenture and (ii) the full and prompt payment of interest on the overdue principal and interest, if any, on such SecuritySenior Note, at the rate specified in such Security Senior Note and to the extent lawful and (b) to the Trustee the full and prompt payment upon written demand therefor of all amounts due to it in accordance with the terms of the Indenture (collectively the “Guaranteed Obligation”). If for any reason the Company shall fail punctually to pay any such Guaranteed Obligation, the Guarantor hereby agrees to cause any such Guaranteed Obligation to be made punctually when, where and as the same shall become due and payable, whether at the stated maturity thereof, by acceleration, call for redemption or otherwise. All payments by the Guarantor hereunder shall be paid in lawful money of the United States of America. This Guarantee is unsecured and ranks equally in right of payment with all of the Guarantor’s existing and future senior indebtedness.

Appears in 14 contracts

Samples: Guarantee (Principal Financial Group Inc), Guarantee (Principal Financial Group Inc), Guarantee (Principal Financial Group Inc)

Obligations Guaranteed. Subject The Guarantor, subject to the provisions of this Article 2terms and conditions set forth in the Applicable Indenture, the Guarantor hereby unconditionally guarantees guarantees, on an unsecured basis, (a) to each Holder of a an Applicable Security authenticated and delivered by the Trustee or Authenticating AgentAgent in accordance with the terms of the Applicable Indenture, (i) the full and prompt payment of the principal of, and premium, if any, of and interest on, and any Redemption Price with respect to, on such Applicable Security, when, where when and as the same shall become due and payable, whether at the stated maturity Stated Maturity thereof, by accelerationacceleration or otherwise, call for redemption or otherwise all in accordance with the terms of such Applicable Security and the Indenture and Applicable Indenture, (ii) the full and prompt payment of interest on the overdue principal and interest, if any, on such Applicable Security, at the rate specified in such Security and the Applicable Indenture but only to the extent lawful and (iii) the performance of all other obligations of the Company to such Holder under such Applicable Security and the Applicable Indenture; and (b) to the Trustee the full and prompt payment upon written demand therefor of all amounts due to it in accordance with the terms of the Indenture (collectively the “Guaranteed Obligation”)Applicable Indenture. If for any reason the Company shall fail punctually to pay any such Guaranteed Obligationprincipal or interest, the Guarantor hereby agrees to cause any such Guaranteed Obligation payment to be made punctually when, where when and as the same shall become due and payable, whether at the stated maturity Stated Maturity thereof, by acceleration, call for redemption acceleration or otherwise. All payments by the Guarantor hereunder shall be paid made in lawful money of the United States of America. This Guarantee is unsecured and ranks equally in right of payment with all of the Guarantor’s existing and future senior indebtednessDollars.

Appears in 2 contracts

Samples: Supplemental Indenture (American Airlines Inc), American Airlines Inc

Obligations Guaranteed. Subject to the provisions of this Article 2II, the Guarantor hereby fully, unconditionally and irrevocably guarantees (a) to each Holder of a Security Junior Subordinated Note authenticated and delivered by the Trustee or Authenticating Agent, (i) the full and prompt payment of the principal of, and premium, if any, and interest on, and any Redemption Price with respect to, such SecurityJunior Subordinated Note, when, where and as the same shall become due and payable, whether at the stated maturity thereof, by acceleration, call for redemption or otherwise in accordance with the terms of such Security Junior Subordinated Note and the Indenture and (ii) the full and prompt payment of interest on the overdue principal and interest, if any, on such SecurityJunior Subordinated Note, at the rate specified in such Security Junior Subordinated Note and to the extent lawful and (b) to the Trustee the full and prompt payment upon written demand therefor of all amounts due to it in accordance with the terms of the Indenture (collectively the “Guaranteed Obligation”). If for any reason the Company shall fail punctually to pay any such Guaranteed Obligation, the Guarantor hereby agrees to cause any such Guaranteed Obligation to be made punctually when, where and as the same shall become due and payable, whether at the stated maturity thereof, by acceleration, call for redemption or otherwise. All payments by the Guarantor hereunder shall be paid in lawful money of the United States of America. This Guarantee is unsecured and ranks equally in right of payment with all of the Guarantor’s existing and future senior indebtedness.

Appears in 2 contracts

Samples: Guarantee (Principal Financial Group Inc), Guarantee (Principal Financial Group Inc)

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Obligations Guaranteed. Subject to the provisions of this Article 2, the The Guarantor hereby unconditionally guarantees (a) to each Holder of a Security authenticated and delivered by the Trustee or Authenticating Agent, (i) the full and prompt payment of the principal of, and premium, if any, and interest on, and any Redemption Price with respect to, such Security, when, where and as the same shall become due and payable, whether at the stated maturity thereof, by acceleration, call for redemption or otherwise in accordance with the terms of such Security and the Indenture and (ii) the full and prompt payment of interest on the overdue principal and interest, if any, on such Security, at the rate specified in such Security and to the extent lawful and (b) to the Trustee the full and prompt payment upon written demand therefor of all amounts due to it in accordance with the terms of the Indenture (collectively the “Guaranteed Obligation”). If for any reason the Company shall fail punctually to pay any such Guaranteed Obligation, the Guarantor hereby agrees to cause any such Guaranteed Obligation to be made punctually when, where and as the same shall become due and payable, whether at the stated maturity thereof, by acceleration, call for redemption or otherwise. All payments by the Guarantor hereunder shall be paid in lawful money of the United States of America. This Guarantee is unsecured and ranks equally in right of payment with all of the Guarantor’s existing and future senior indebtedness.

Appears in 1 contract

Samples: Principal Financial Group Inc

Obligations Guaranteed. Subject to the provisions of this Article 2, the The Guarantor hereby unconditionally guarantees (a) to each Holder of a Security authenticated and delivered by the Trustee or Authenticating Agent, (i) the full and prompt payment of the principal of, and premium, if any, and interest on, and any Redemption Price with respect to, such Security, when, where and as the same shall become due and payable, whether at the stated maturity thereof, by acceleration, call for redemption or otherwise in accordance with the terms of such Security and the Indenture and (ii) the full and prompt payment of interest on the overdue principal and interest, if any, on such Security, at the rate specified in such Security security and to the extent lawful and (b) to the Trustee the full and prompt payment upon written demand therefor of all amounts due to it in accordance with the terms of the Indenture (collectively collectively, the “Guaranteed ObligationObligations”). If for any reason the Company shall fail punctually to pay any such Guaranteed Obligation, the Guarantor hereby agrees to cause any such Guaranteed Obligation to be made punctually when, where and as the same shall become due and payable, whether at the stated maturity thereof, by acceleration, call for redemption or otherwise. All payments by the Guarantor hereunder shall be paid in lawful money of the United States of America. This Guarantee is unsecured and ranks equally in right of payment with all of the Guarantor’s existing and future senior indebtedness.

Appears in 1 contract

Samples: Guarantee (Principal Financial Group Inc)

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