Principal Debtor. In addition to the Guarantor's obligations as Guarantor, each Guarantor agrees to pay any amount which is not recoverable from that Guarantor as a Guarantor. Any amount due under this sub-Clause will be recoverable from any Guarantor as though the obligation had been incurred by that Guarantor as sole or principal debtor.
Appears in 2 contracts
Sources: Term Loan Facility (Havas Advertising), Guarantee and Indemnity (Havas Advertising)
Principal Debtor. In addition to the each Guarantor's obligations as Guarantora guarantor, each Guarantor agrees to pay any amount which is not recoverable from that each Guarantor as a Guarantorguarantor. Any amount due under this sub-Clause clause will be recoverable from any each Guarantor as though the obligation had been incurred by that Guarantor as sole or principal debtor.
Appears in 1 contract
Sources: Term Loan Facility (NCL Holding Asa)
Principal Debtor. In addition to the Guarantor's obligations as Guarantorguarantor, each the Guarantor agrees to pay any amount which is not recoverable from that the Guarantor as a Guarantorguarantor. Any amount due under this sub-Clause clause will be recoverable from any the Guarantor as though the obligation had been incurred by that the Guarantor as sole or principal debtor.
Appears in 1 contract
Sources: Multi Currency Revolving Loan Facility (Polaroid Corp)