The Guarantee. The Guarantors hereby jointly and severally guarantee to the Administrative Agent and the Lenders, and their successors and assigns, the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of the principal of and interest on the Loans, all fees and other amounts and Obligations from time to time owing to the Administrative Agent and the Lenders by the Borrower and each other Obligor under this Agreement or under any other Loan Document, in each case strictly in accordance with the terms hereof and thereof (such obligations being herein collectively called the “Guaranteed Obligations”). The Guarantors hereby further jointly and severally agree that if the Borrower or any other Obligor shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors shall promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same shall be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 2 contracts
Sources: Credit Agreement (Menlo Therapeutics Inc.), Credit Agreement (Foamix Pharmaceuticals Ltd.)
The Guarantee. The Guarantors Parent Guarantor hereby jointly irrevocably and severally guarantee unconditionally guarantees to each of the Administrative Agent and the Lenders, Creditors and their respective successors and assigns, assigns the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of the principal of and interest on the Loans, Facility made by the Lenders to the Borrowers and evidenced by the Note and all fees and other amounts and Obligations from time to time owing to the Administrative Agent and the Lenders Creditors by the Borrower and each other Obligor Borrowers under this Agreement or Agreement, under the Note and under any other Loan Documentof the Transaction Documents, in each case strictly in accordance with the terms hereof and thereof (such obligations being herein collectively called the “"Guaranteed Obligations”"). The Guarantors Parent Guarantor hereby further jointly and severally agree agrees that if the Borrower or any other Obligor Borrowers shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors shall Parent Guarantor will promptly pay the same, same upon a notice of demand (but without any demand or other notice whatsoever, ) and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same shall will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 2 contracts
The Guarantee. The Guarantors Guarantor hereby jointly irrevocably and severally guarantee unconditionally guarantees to each of the Administrative Agent and the Lenders, Creditors and their respective successors and assigns, assigns the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of the principal of and interest on the Loans, Facility made by the Lenders to the Borrower and evidenced by the Note and all fees and other amounts and Obligations from time to time owing to the Administrative Agent and the Lenders Creditors by the Borrower and each other Obligor under this Agreement or Agreement, under the Note, under any other Loan DocumentInterest Rate Agreements and under any of the Security Documents, in each case strictly in accordance with the terms hereof and thereof (such obligations being herein collectively called the “Guaranteed Obligations”). The Guarantors Guarantor hereby further jointly and severally agree agrees that if the Borrower or any other Obligor shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors shall Guarantor will promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same shall will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 2 contracts
Sources: Facility Agreement (International Shipholding Corp), Facility Agreement (International Shipholding Corp)
The Guarantee. The Subsidiary Guarantors hereby jointly and severally guarantee to the Administrative Agent and the Lenders, Secured Parties and their respective successors and assigns, assigns the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of the principal of and interest on the Loans, Loans and all fees and other amounts and Obligations from time to time owing to the Administrative Agent and the Lenders Secured Parties by the Borrower and each other Obligor under this Agreement or under any other Loan DocumentDocument and by any other Obligor under any of the Loan Documents, in each case strictly in accordance with the terms hereof and thereof (such obligations being herein collectively called the “Guaranteed Obligations”). The Subsidiary Guarantors hereby further jointly and severally agree that if the Borrower or any other Obligor shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Subsidiary Guarantors shall will promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same shall will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal. For the avoidance of doubt and notwithstanding anything herein to the contrary, the Guaranteed Obligations shall not include any Warrant Obligations.
Appears in 1 contract
The Guarantee. The Guarantors Guarantor hereby jointly irrevocably and severally guarantee unconditionally guarantees to each of the Administrative Agent and the Lenders, Creditors and their respective successors and assigns, assigns the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of the principal of and interest on the Loans, Facility made by the Lenders to the Borrower and evidenced by the Note and all fees and other amounts and Obligations from time to time owing to the Administrative Agent and the Lenders Creditors by the Borrower and each other Obligor under this Agreement or Agreement, under the Note and under any other Loan Documentof the Transaction Documents, in each case strictly in accordance with the terms hereof and thereof (such obligations being herein collectively called the “Guaranteed Obligations”). The Guarantors Guarantor hereby further jointly and severally agree agrees that if the Borrower or any other Obligor shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors shall Guarantor will promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same shall will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 1 contract
The Guarantee. The Guarantors Each Guarantor hereby jointly and severally guarantee guarantees to the Banks and the Administrative Agent and the Lenders, and their successors and assigns, the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of the principal of and interest on the Loans, Loans and the Notes and all fees and other amounts and Obligations from time to time owing to the Administrative Agent and the Lenders whatsoever now or hereafter payable or becoming payable by the Borrower under the Credit Agreement, the Notes and each other Obligor under this Agreement or under any the other Loan DocumentDocuments, in each case strictly in accordance with the terms hereof and thereof (such obligations being herein collectively called the “Guaranteed Obligations”). The Guarantors Each Guarantor hereby further jointly and severally agree agrees that if the Borrower or any other Obligor shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors shall such Guarantor will promptly pay the samesame upon receipt from the Administrative Agent of written demand for payment thereof, without any other demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same shall will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal. This Agreement is a continuing guaranty and is a guaranty of payment and is not merely a guaranty of collection.
Appears in 1 contract
Sources: Guaranty Agreement (Desc S a De C V)
The Guarantee. The Guarantors Guarantor hereby jointly irrevocably and severally guarantee unconditionally guarantees to each of the Administrative Agent and the Lenders, Creditors and their respective successors and assigns, assigns the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of the principal of and interest on the Loans, Loan made by the Lenders to the Borrower and evidenced by the Note and all fees and other amounts and Obligations from time to time owing to the Administrative Agent and the Lenders Creditors by the Borrower and each other Obligor under this Agreement or Agreement, under the Note and under any other Loan Documentof the Security Documents, in each case strictly in accordance with the terms hereof and thereof (such obligations being herein collectively called the “Guaranteed Obligations”). The Guarantors Guarantor hereby further jointly and severally agree agrees that if the Borrower or any other Obligor shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors shall Guarantor will promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same shall will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 1 contract
The Guarantee. The Guarantors Guarantor hereby jointly irrevocably and severally guarantee unconditionally guarantees to each of the Administrative Agent and the Lenders, Creditors and their respective successors and assigns, assigns the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of the principal of and interest on the Loans, Facility made by the Lenders to the Borrower and evidenced by the Note and all fees and other amounts and Obligations from time to time owing to the Administrative Agent and the Lenders Creditors by the Borrower and each other Obligor under this Agreement or Agreement, under the Note and under any other Loan Documentof the Security Documents, in each case strictly in accordance with the terms hereof and thereof (such obligations being herein collectively called the “Guaranteed Obligations”). The Guarantors Guarantor hereby further jointly and severally agree agrees that if the Borrower or any other Obligor shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors shall Guarantor will promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same shall will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 1 contract
Sources: Facility Agreement (International Shipholding Corp)
The Guarantee. The Guarantors Guarantor hereby jointly guarantees to each Lender and severally guarantee to the Administrative Agent and the Lenders, and their respective successors and assigns, assigns the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of the principal of and interest on the Loans, Loans made by the Lenders to the Company and all fees and other amounts and Obligations from time to time owing to the Administrative Lenders or the Agent and the Lenders by the Borrower and each other Obligor Company under this Agreement or and by the Company under any of the other Loan DocumentBasic Documents, and all obligations of the Company to any Lender in respect of any Interest Rate Protection Agreement, in each case strictly in accordance with the terms hereof and thereof (such obligations being herein collectively called the “"Guaranteed Obligations”"). The Guarantors Guarantor hereby further jointly and severally agree agrees that if the Borrower or any other Obligor Company shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors shall Guarantor will promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same shall will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 1 contract
The Guarantee. The Subsidiary Guarantors hereby jointly and severally guarantee to each Lender and the Administrative Agent and the Lenders, and their respective successors and assigns, assigns the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of the principal of and interest on the LoansLoans made by the Lenders to, and the Notes held by each Lender of, the Company and all fees and other amounts and Obligations from time to time owing to the Administrative Lenders or the Agent and the Lenders by the Borrower and each other Obligor Company under this Agreement or under any other Loan Documentand the Notes, in each case strictly in accordance with the terms hereof and thereof (such obligations being herein collectively called the “Guaranteed Obligations”"GUARANTEED OBLIGATIONS"). The Subsidiary Guarantors hereby further jointly and severally agree that if the Borrower or any other Obligor Company shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Subsidiary Guarantors shall will promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same shall will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 1 contract
Sources: Subordinated Bridge Loan Agreement (Cornell Corrections Inc)
The Guarantee. The Guarantors Guarantor hereby jointly guarantees to Saskco and severally guarantee to the Administrative Agent and the Lenders, and their its successors and assigns, assigns the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of the principal of and interest on the LoansLoans made by Saskco to, and the Note(s) held by Saskco of, the Borrowers and all fees and other amounts and Obligations from time to time owing to Saskco by the Administrative Agent Borrowers under the Credit Agreement, the Notes and the Lenders by the Borrower and each other Obligor under this Agreement or under any other Loan Document, in each case strictly in accordance with the terms hereof and thereof Documents (such obligations being herein collectively called the “Guaranteed Obligations”"GUARANTEED OBLIGATIONS"). The Guarantors Guarantor hereby further jointly and severally agree agrees that if the Borrower or any other Obligor Obligors shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors shall Guarantor will promptly pay the same, without any demand or notice whatsoeverwhatsoever and without regard to any defence, counterclaim or right of set-off available to the Guarantor, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same shall will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 1 contract
Sources: Guarantee and Pledge Agreement (Canadian Forest Oil LTD)
The Guarantee. The Each of the Guarantors hereby jointly and severally guarantee guarantees to each Bank and the Administrative Agent and the Lenders, and their respective successors and assigns, assigns the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of the principal of and interest on the LoansLoans made by the Banks to, and the Notes held by each Bank of, Iusacell and any and all fees and other amounts and Obligations from time to time owing due to the Administrative Banks or the Agent and the Lenders by the Borrower and each other Obligor Iusacell under this Agreement or and under the Notes and any of the other Loan DocumentBasic Documents, in each case strictly in accordance with the terms hereof and thereof (such obligations being herein collectively called the “"Guaranteed Obligations”"). The Each of the Guarantors hereby further jointly and severally agree agrees that if the Borrower or any other Obligor ▇▇▇▇▇▇▇▇ shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, each of the Guarantors shall will promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same shall will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 1 contract
The Guarantee. The Guarantors Guarantor hereby jointly irrevocably and severally guarantee unconditionally guarantees to each of the Administrative Agent and the Lenders, Creditors and their respective successors and assigns, assigns the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of the principal of and interest on the Loans, Facility made by the Lenders to the Borrower and evidenced by the Note and all fees and other amounts and Obligations from time to time owing to the Administrative Agent and the Lenders Creditors by the Borrower and each other Obligor under this Agreement or Agreement, under the Note and under any other Loan Documentof the Transaction Documents, in each case strictly in accordance with the terms hereof and thereof (such obligations being herein collectively called the “"Guaranteed Obligations”"). The Guarantors Guarantor hereby further jointly and severally agree agrees that if the Borrower or any other Obligor shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors shall Guarantor will promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same shall will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.. 50
Appears in 1 contract
The Guarantee. The Guarantors hereby jointly and severally guarantee to the Administrative Agent and the Lenderseach Lender, and their its successors and assigns, the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of the principal of and interest on the Term Loans, all fees and other amounts and Obligations from time to time owing to the Administrative Agent and the Lenders any Lender by the Borrower and each other Obligor under this Agreement or under any other Loan DocumentDocument and by any other Obligor under any of the Loan Documents, in each case strictly in accordance with the terms hereof and thereof (such obligations being herein collectively called the “Guaranteed Obligations”). The Guarantors hereby further jointly and severally agree that if the Borrower or any other Obligor shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors shall will promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same shall will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 1 contract
Sources: Second Amendment to Credit Agreement and Guaranty (SOPHiA GENETICS SA)
The Guarantee. The Guarantors Guarantor hereby jointly guarantees to Saskco and severally guarantee to the Administrative Agent and the Lenders, and their its successors and assigns, assigns the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of the principal of and interest on the LoansLoans made by Saskco to, and the Note(s) held by Saskco of, the Obligors and all fees and other amounts and Obligations from time to time owing to Saskco by the Administrative Agent Obligors under the Credit Agreement, the Notes and the Lenders by the Borrower and each other Obligor under this Agreement or under any other Loan Document, in each case strictly in accordance with the terms hereof and thereof Documents (such obligations being herein collectively called the “Guaranteed Obligations”"GUARANTEED OBLIGATIONS"). The Guarantors Guarantor hereby further jointly and severally agree agrees that if the Borrower or any other Obligor Obligors shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors shall Guarantor will promptly pay the same, without any demand or notice whatsoeverwhatsoever and without regard to any defence, counterclaim or right of set-off available to the Guarantor, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same shall will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 1 contract
Sources: Limited Recourse Secured Guarantee (Canadian Forest Oil LTD)
The Guarantee. The Guarantors hereby jointly and severally guarantee to the Administrative Agent and the Lenders, and their successors and assigns, Loan Parties the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of the principal of and interest on the LoansLoans and the Notes and all fees, all fees indemnities and other amounts and Obligations from time to time owing to the Administrative Agent and the Lenders whatsoever now or hereafter payable or becoming payable by the Borrower Borrowers hereunder and each other Obligor under this Agreement or under any the other Loan DocumentDocuments, in each case strictly in accordance with the terms hereof and thereof (the obligations of the Borrowers to pay such obligations amounts being herein collectively called the “"Guaranteed Obligations”"). The Guarantors hereby further jointly and severally agree that if the Borrower or any other Obligor Borrowers shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors shall will promptly pay the samesame upon receipt from the Administrative Agent of written demand for payment thereof, without any other demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same shall will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal. This Agreement is a continuing guaranty and is a guaranty of payment and is not merely a guaranty of collection.
Appears in 1 contract
Sources: Loan Agreement (Vitro Sa De Cv)
The Guarantee. The Guarantors hereby jointly and severally guarantee to the Administrative Agent and the Lenderseach Lender, and their its successors and permitted assigns, the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of the principal of and interest on the Term Loans, all fees and other amounts and all other Obligations from time to time owing to the Administrative Agent and the Lenders any Lender by the Borrower and each any other Obligor under this Agreement or under any other Loan Document, in each case strictly in accordance with the terms hereof and thereof (such obligations being herein collectively called the “Guaranteed Obligations”). The Guarantors hereby further jointly and severally agree that if the Borrower or any other Obligor shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors shall will promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same shall will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 1 contract
The Guarantee. The Subsidiary Guarantors hereby jointly and severally guarantee to the Administrative each Lender and each Agent and the Lenders, and their respective successors and assigns, assigns the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of the principal of and interest on the Loans, Loans made by the Lenders to the Borrower and all fees and other amounts and Obligations from time to time owing to the Administrative Agent and Lenders or the Lenders Agents by the Borrower and each other Obligor under this Agreement or and by any Obligor under any of the other Loan DocumentDocuments, in each case strictly in accordance with the terms hereof and thereof (such obligations being herein collectively called the “Guaranteed Obligations”). The Subsidiary Guarantors hereby further jointly and severally agree that if the Borrower or any other Obligor shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Subsidiary Guarantors shall will promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same shall will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 1 contract
Sources: Credit Agreement (Pacificare Health Systems Inc /De/)
The Guarantee. The Guarantors hereby jointly and severally guarantee to the Administrative Agent and the Lenderseach Lender, and their its successors and assigns, the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of the principal of and interest on the Term Loans, all fees and other amounts and Obligations from time to time owing to the Administrative Agent and the Lenders any Lender by the Borrower and each other Obligor under this Agreement or under any other Loan DocumentDocument and by any other Obligor under any of the Loan Documents, in each case strictly in accordance with the terms hereof and thereof (such obligations being herein collectively called the “Guaranteed Obligations”). The Guarantors hereby further jointly and severally agree that if the Borrower or any other Obligor shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors shall will promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same shall will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.. ‑97‑
Appears in 1 contract
Sources: Fifth Amendment to Credit Agreement and Guaranty (Biodesix Inc)
The Guarantee. The Each of the Guarantors hereby jointly irrevocably and severally guarantee unconditionally and in solido guarantees to each of the Administrative Agent and the Lenders, Creditors and their respective successors and assigns, assigns the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of the principal of and interest on the Loans, Facility made by the Lenders to the Borrowers and evidenced by the Note and all fees and other amounts and Obligations from time to time owing to the Administrative Agent and the Lenders Creditors by the Borrower and each other Obligor Borrowers under this Agreement or Agreement, under the Note and under any other Loan Documentof the Security Documents, in each case strictly in accordance with the terms hereof and thereof (such obligations being herein collectively called the “"Guaranteed Obligations”"). The Each of the Guarantors hereby further jointly and severally agree agrees that if the Borrower or any other Obligor Borrowers shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors shall will promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same shall will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 1 contract
The Guarantee. The Guarantors hereby jointly and severally guarantee to the Administrative Collateral Agent and the LendersPurchasers, and their successors and assigns, the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of the principal of and interest on the LoansNotes, all fees and other amounts and Obligations from time to time owing to the Administrative Collateral Agent and the Lenders Purchasers by the Borrower Issuer and each other Obligor under the Notes, this Agreement or under any other Loan Note Document, in each case strictly in accordance with the terms hereof and thereof (such obligations being herein collectively called the “Guaranteed Obligations”). The Guarantors hereby further jointly and severally agree that if the Borrower Issuer or any other Obligor shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors shall will promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same shall will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 1 contract
The Guarantee. The Guarantors Guarantor hereby jointly irrevocably and severally guarantee unconditionally guarantees to each of the Administrative Agent and the Lenders, Creditors and their respective successors and assigns, assigns the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of the principal of and interest on the Loans, Facility made by the Lenders to the Borrowers and evidenced by the Note and all fees and other amounts and Obligations from time to time owing to the Administrative Agent and the Lenders Creditors by the Borrower and each other Obligor Borrowers under this Agreement or Agreement, under the Note, under any other Loan DocumentInterest Rate Agreement and under any of the Security Documents, in each case strictly in accordance with the terms hereof and thereof (such obligations being herein collectively called the “"Guaranteed Obligations”"). The Guarantors Guarantor hereby further jointly and severally agree agrees that if the Borrower or any other Obligor Borrowers shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors shall Guarantor will promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same shall will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 1 contract
Sources: Facility Agreement (International Shipholding Corp)
The Guarantee. The Each of the Guarantors hereby jointly and severally guarantee guarantees to the Administrative Agent and the Lenders, and their successors and assigns, the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of the principal of and interest on the Loans, all fees and other amounts and Obligations from time to time owing to the Administrative Agent and the Lenders by the Borrower and each other Obligor Loan Party under this Agreement or under any other Loan Document, in each case strictly in accordance with the terms hereof and thereof (such obligations being herein collectively called the “Guaranteed Obligations”). The Each of the Guarantors hereby further jointly and severally agree agrees that if the Borrower or any other Obligor Loan Party shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors shall promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same shall be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 1 contract
The Guarantee. The Guarantors Guarantor hereby jointly irrevocably and severally guarantee unconditionally guarantees to each of the Administrative Agent and the Lenders, Creditors and their respective successors and assigns, assigns the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of the principal of and interest on the Loans, Facility made by the Lenders to the Borrowers and evidenced by the Note and all fees and other amounts and Obligations from time to time owing to the Administrative Agent and the Lenders Creditors by the Borrower and each other Obligor Borrowers under this Agreement or Agreement, under the Note, under any other Loan DocumentInterest Rate Agreements and under any of the Security Documents, in each case strictly in accordance with the terms hereof and thereof (such obligations being herein collectively called the “Guaranteed Obligations”). The Guarantors Guarantor hereby further jointly and severally agree agrees that if the Borrower or any other Obligor Borrowers shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors shall Guarantor will promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same shall will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 1 contract
Sources: Facility Agreement (International Shipholding Corp)
The Guarantee. The Guarantors Company hereby jointly guarantees to each Lender and severally guarantee to the Administrative Agent and the Lenders, and their respective successors and assigns, assigns the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of the principal of and interest on the Loans, Loans made by the Lenders to each Subsidiary Borrower and all fees and other amounts and Obligations from time to time owing to the Lenders or the Administrative Agent and the Lenders by the each Subsidiary Borrower and each other Obligor under this Agreement or and by any Subsidiary Borrower under any of the other Loan DocumentDocuments, in each case strictly in accordance with the terms hereof and thereof (such obligations being herein collectively called the “"Guaranteed Obligations”"). The Guarantors Company hereby further jointly and severally agree agrees that if the any Subsidiary Borrower or any other Obligor shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors shall Company will promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same shall will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 1 contract
Sources: Credit Agreement (Bowater Inc)