Common use of Obligations Guaranteed Clause in Contracts

Obligations Guaranteed. For value received, Guarantor absolutely and unconditionally guarantees to the Lender Parties the full and prompt payment and performance when due, whether at maturity or earlier by reason of acceleration or otherwise, of the Obligations; provided that in no instance shall the Obligations exceed an amount in excess of the Guaranteed Amount. “Guaranteed Amount” shall mean the Paydown Amount (as such term is defined in the Credit Agreement).

Appears in 2 contracts

Samples: Guaranty (Pacific Ethanol, Inc.), Guaranty (Pacific Ethanol, Inc.)

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Obligations Guaranteed. For value received, Guarantor absolutely and unconditionally guarantees to the Lender Parties the full and prompt payment and performance when due, whether at maturity or earlier by reason of acceleration or otherwise, of the Obligations; provided that in no instance shall Obligations (the Obligations exceed an amount in excess of the Guaranteed Amount. “Guaranteed Amount” shall mean the Paydown Amount (as such term is defined in the Credit Agreement).

Appears in 2 contracts

Samples: Pacific Ethanol, Inc., Pacific Ethanol, Inc.

Obligations Guaranteed. For value received, Guarantor absolutely and unconditionally guarantees to the Lender Parties the full and prompt payment and performance when due, whether at maturity or earlier by reason of acceleration or otherwise, of the Obligations; , provided that in no instance shall the Obligations obligations hereunder exceed an amount in excess of the Guaranteed Amount. “Guaranteed Amount” shall mean the Paydown Amount (as such term is defined in the Credit Agreement).

Appears in 1 contract

Samples: Guaranty and Contribution Agreement (Pacific Ethanol, Inc.)

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Obligations Guaranteed. For value received, Guarantor absolutely and unconditionally guarantees to the Lender Parties the full and prompt payment and performance when due, whether at maturity or earlier by reason of acceleration or otherwise, of (i) the ObligationsObligations of PEP under the PEP Credit Agreement, and (ii) the Obligations of ICP under the ICP Credit Agreement; provided that in no instance shall the Obligations obligations hereunder exceed an amount in excess of the Guaranteed Amount. “Guaranteed Amount” shall mean the Paydown Amount (as such term is defined in the Credit Agreement).

Appears in 1 contract

Samples: Guaranty and Contribution Agreement (Pacific Ethanol, Inc.)

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