Obligations of The Guarantor. 2.1 In consideration of the Authority entering into the Contract with the Contractor, the Guarantor agrees:
Obligations of The Guarantor. For value received, the receipt and sufficiency of which are hereby acknowledged, the Guarantor, a limited liability company organized under the laws of the State of Delaware, hereby absolutely and unconditionally guarantees the prompt and complete payment when due of the obligations and liabilities, whether now in existence or hereafter arising, of the Mortgage Loan Seller, a wholly owned subsidiary of the Guarantor, to the Purchaser (i) arising out of or under Sections 5 and 9 of this Agreement and (ii) that are owed under such Sections 5 and 9 to the Purchaser or any of its successors and permitted assigns under this Agreement (collectively, the “Obligations”). The guaranty provided for in this Section 19 is one of payment and not of collection. The Guarantor hereby waives notice of acceptance of the guaranty provided for in this Section 19 and notice of any of the Obligations to which it may apply, and waives diligence, presentment, demand for payment, protest, notice of protest, notice of dishonor or non-payment of any Obligation, suit or the taking of other action by the Purchaser against, and any other notice to, the Mortgage Loan Seller, the Guarantor or others. The Guarantor hereby waives any defense arising by reason of, and any and all right to assert against the Purchaser any claim or defense based upon, an election of remedies by the Purchaser which in any manner impairs, affects, reduces, releases, destroys and/or extinguishes the rights of the Guarantor to proceed against the Mortgage Loan Seller or any other guarantor for reimbursement or contribution, and/or any other rights of the Purchaser to proceed against the Mortgage Loan Seller, any other guarantor, or any other Person or security. The Guarantor acknowledges that it is presently informed of the financial condition of the Mortgage Loan Seller and of all other circumstances which diligent inquiry would reveal and which bear upon the risk of nonpayment of the Obligations. When pursuing its rights and remedies hereunder against the Guarantor, the Purchaser may, but shall be under no obligation to, pursue such rights and remedies that the Purchaser may have against the Mortgage Loan Seller or any other Person or any security or other guarantee for the Obligations or any right of offset with respect thereto, and any failure by the Purchaser to pursue such other rights or remedies or to collect any payments from the Mortgage Loan Seller or any such other Person or to realize upon any secur...
Obligations of The Guarantor. Failure of Guarantor to comply with or to perform any term, obligation, covenant or condition of Guarantor contained in this Agreement or in the Guaranty, or failure of Guarantor to comply with or to perform any other term, obligation, covenant or condition of Guarantor contained in any other agreement between Lender and Guarantor.
Obligations of The Guarantor. 6.1 The Guarantor shall unconditionally and immediately pay all amounts due and payable by the Debtor if the Debtor fails to fully or on time repay all loans or any part thereof, or the principal of financing amounts or the amounts paid by the Creditor in advance or the interest accrued thereon. The Guarantor agrees that: if the creditor’s rights under the Primary Contract are concurrently secured by the charge or pledge supplied by the Debtor or a third party, then the Creditor may determine, at its own discretion, the order to exercise the rights, and the Creditor may require the Guarantor to immediately pay all amounts due and payable by the Debtor without firstly exercising the security interests; if the Creditor waives the security interests or the sequence of its rights or changes the security interests, the Guarantor shall still assume the liabilities of guarantee pursuant to this Contract without exemption from any liability.
Obligations of The Guarantor. (a) Upon breach by the Guarantor of any of the Guarantor's warranties, representations, covenants or guarantees contained in this Guarantee, the Guarantor shall indemnify, save and hold the Lender harmless from and against any loss or damage suffered or incurred by the Lender as a result of any such breach, and for all fees, costs and expenses incurred by the Lender in connection therewith.
Obligations of The Guarantor. This Guaranty and any other Loan Document to which the Guarantor is a party are the legal, valid, and binding obligations of the Guarantor, enforceable against it in accordance with their terms, except as the same may be limited by bankruptcy, insolvency, reorganization, or other laws or equitable principles relating to or affecting the enforcement of creditors' rights generally. The loans or credit accommodations made by the Bank to the Borrower and the assumption by the Guarantor of its obligations hereunder and under any other Loan Document to which the Guarantor is a party will result in material benefits to the Guarantor. This Guaranty was entered into by the Guarantor for commercial purposes; and