{"component": "clause", "props": {"groups": [{"snippet": "Each Guarantor hereby irrevocably, unconditionally and jointly and severally guarantees, each as a primary obligor and not merely as a surety, to the Administrative Agent, the Lenders and the other Secured Parties the due and punctual payment of the principal of and the premium, if any, and interest on the Guaranteed Obligations and any and all other amounts due under or pursuant to the Loan Documents, when and as the same shall become due and payable (whether at stated maturity or by optional or mandatory prepayment or by declaration, redemption or otherwise) in accordance with the terms of the Loan Documents. The Guarantors\u2019 guaranty under this Section is an absolute, present and continuing guarantee of payment and not of collectability, and is in no way conditional or contingent upon any attempt to collect from the Borrower, any of the Guarantors or any other guarantor of the Guaranteed Obligations (or any portion thereof) or upon any other action, occurrence or circumstances whatsoever. In the event that the Borrower or any Guarantor shall fail so to pay any such principal, premium, interest or other amount to the Administrative Agent, a Lender or any other Secured Party, the Guarantors will pay the same forthwith, without demand, presentment, protest or notice of any kind (all of which are waived by the Guarantors to the fullest extent permitted by law), in lawful money of the United States, at the place for payment specified in the Loan Documents or specified by such Administrative Agent in writing, to such Administrative Agent. The Guarantors further agree, promptly after demand, to pay to the Administrative Agent, the Lenders and the other Secured Parties the costs and expenses incurred by such Administrative Agent, Lender or other Secured Party in connection with enforcing the rights of such Administrative Agent, Lenders and the other Secured Parties against the Borrower and any or all of the Guarantors (whether in a bankruptcy proceeding or otherwise) following any default in payment of any of the Guaranteed Obligations or the obligations of the Guarantors hereunder, including, without limitation, the fees and expenses of counsel to the Administrative Agent, such Lenders and the other Secured Parties.", "samples": [{"hash": "5DCRfYiTqQJ", "uri": "/contracts/5DCRfYiTqQJ#unconditional-guaranty", "label": "Credit Agreement (MSC Income Fund, Inc.)", "score": 36.1704330444, "published": true}, {"hash": "6XOkKHgyTJe", "uri": "/contracts/6XOkKHgyTJe#unconditional-guaranty", "label": "Credit Agreement (MSC Income Fund, Inc.)", "score": 34.3579750061, "published": true}, {"hash": "4hGiO4gTIRm", "uri": "/contracts/4hGiO4gTIRm#unconditional-guaranty", "label": "Credit Agreement (MSC Income Fund, Inc.)", "score": 32.5674209595, "published": true}], "snippet_links": [{"key": "guarantor-hereby", "type": "clause", "offset": [5, 21]}, {"key": "jointly-and-severally", "type": "clause", "offset": [55, 76]}, {"key": "primary-obligor", "type": "clause", "offset": [99, 114]}, {"key": "the-administrative-agent", "type": "definition", "offset": [146, 170]}, {"key": "the-lenders", "type": "clause", "offset": [172, 183]}, {"key": "other-secured-parties", "type": "clause", "offset": [192, 213]}, {"key": "principal-of", "type": "definition", "offset": [250, 262]}, {"key": "the-guaranteed-obligations", "type": "clause", "offset": [304, 330]}, {"key": "other-amounts-due", "type": "clause", "offset": [347, 364]}, {"key": "pursuant-to-the-loan-documents", "type": "clause", "offset": [374, 404]}, {"key": "due-and-payable", "type": "definition", "offset": [440, 455]}, {"key": "stated-maturity", "type": "definition", "offset": [468, 483]}, {"key": "mandatory-prepayment", "type": "definition", "offset": [502, 522]}, {"key": "in-accordance-with", "type": "clause", "offset": [567, 585]}, {"key": "terms-of-the-loan", "type": "clause", "offset": [590, 607]}, {"key": "the-guarantors", "type": "clause", "offset": [619, 633]}, {"key": "guarantee-of-payment", "type": "definition", "offset": [702, 722]}, {"key": "the-borrower", "type": "definition", "offset": [826, 838]}, {"key": "other-guarantor", "type": "clause", "offset": [869, 884]}, {"key": "other-action", "type": "definition", "offset": [952, 964]}, {"key": "in-the-event", "type": "clause", "offset": [1006, 1018]}, {"key": "to-pay", "type": "clause", "offset": [1068, 1074]}, {"key": "a-lender", "type": "definition", "offset": [1158, 1166]}, {"key": "other-secured-party", "type": "definition", "offset": [1174, 1193]}, {"key": "notice-of-any", "type": "clause", "offset": [1279, 1292]}, {"key": "to-the-fullest-extent-permitted-by-law", "type": "clause", "offset": [1341, 1379]}, {"key": "lawful-money-of-the-united-states", "type": "definition", "offset": [1385, 1418]}, {"key": "place-for-payment", "type": "clause", "offset": [1427, 1444]}, {"key": "in-writing", "type": "clause", "offset": [1519, 1529]}, {"key": "pay-to", "type": "definition", "offset": [1617, 1623]}, {"key": "expenses-incurred", "type": "definition", "offset": [1706, 1723]}, {"key": "in-connection-with", "type": "clause", "offset": [1784, 1802]}, {"key": "rights-of", "type": "clause", "offset": [1817, 1826]}, {"key": "bankruptcy-proceeding", "type": "definition", "offset": [1960, 1981]}, {"key": "default-in-payment", "type": "clause", "offset": [2010, 2028]}, {"key": "obligations-of-the", "type": "clause", "offset": [2073, 2091]}, {"key": "without-limitation", "type": "clause", "offset": [2125, 2143]}, {"key": "counsel-to", "type": "clause", "offset": [2170, 2180]}], "size": 178, "hash": "7dc156a41314296a1323ec255cc34487", "id": 1}, {"snippet": "The Company hereby absolutely, unconditionally and irrevocably guarantees the punctual payment when due, whether at scheduled maturity or on any date of a required prepayment or by acceleration, demand or otherwise, of all obligations of each Designated Subsidiary now or hereafter existing under or in respect of this Agreement and the Notes (including, without limitation, any extensions, modifications, substitutions, amendments or renewals of any or all of the foregoing obligations), whether direct or indirect, absolute or contingent, and whether for principal, interest, premiums, fees, indemnities, contract causes of action, costs, expenses or otherwise (such obligations being the \u201cGuaranteed Obligations\u201d), and agrees to pay any and all expenses (including, without limitation, fees and expenses of outside counsel) incurred by the Agent or any Lender in enforcing any rights under this Article VII. Without limiting the generality of the foregoing, the Company\u2019s liability shall extend to all amounts that constitute part of the Guaranteed Obligations and would be owed by such Designated Subsidiary to the Agent or any Lender under or in respect of this Agreement and the Notes but for the fact that they are unenforceable or not allowable due to the existence of a bankruptcy, reorganization or similar proceeding involving such Designated Subsidiary.", "samples": [{"hash": "82ayjRoalLZ", "uri": "/contracts/82ayjRoalLZ#unconditional-guaranty", "label": "Credit Agreement (At&t Inc.)", "score": 34.8384666443, "published": true}, {"hash": "cNTmkAQxJm5", "uri": "/contracts/cNTmkAQxJm5#unconditional-guaranty", "label": "Credit Agreement (At&t Inc.)", "score": 33.8788490295, "published": true}, {"hash": "4q5Bsz4Zdam", "uri": "/contracts/4q5Bsz4Zdam#unconditional-guaranty", "label": "Credit Agreement (At&t Inc.)", "score": 31.8802185059, "published": true}], "snippet_links": [{"key": "the-company-hereby", "type": "clause", "offset": [0, 18]}, {"key": "payment-when-due", "type": "clause", "offset": [87, 103]}, {"key": "scheduled-maturity", "type": "definition", "offset": [116, 134]}, {"key": "date-of", "type": "clause", "offset": [145, 152]}, {"key": "required-prepayment", "type": "definition", "offset": [155, 174]}, {"key": "designated-subsidiary", "type": "definition", "offset": [243, 264]}, {"key": "in-respect-of", "type": "definition", "offset": [300, 313]}, {"key": "this-agreement", "type": "clause", "offset": [314, 328]}, {"key": "the-notes", "type": "clause", "offset": [333, 342]}, {"key": "without-limitation", "type": "clause", "offset": [355, 373]}, {"key": "direct-or-indirect", "type": "clause", "offset": [497, 515]}, {"key": "causes-of-action", "type": "clause", "offset": [616, 632]}, {"key": "to-pay", "type": "clause", "offset": [729, 735]}, {"key": "expenses-of", "type": "clause", "offset": [798, 809]}, {"key": "outside-counsel", "type": "definition", "offset": [810, 825]}, {"key": "by-the-agent", "type": "clause", "offset": [836, 848]}, {"key": "article-vii", "type": "definition", "offset": [898, 909]}, {"key": "without-limiting-the-generality-of-the-foregoing", "type": "clause", "offset": [911, 959]}, {"key": "the-guaranteed-obligations", "type": "clause", "offset": [1037, 1063]}, {"key": "the-fact", "type": "clause", "offset": [1199, 1207]}], "size": 49, "hash": "31c5f210d2a523cb9743aea8a4edc1bb", "id": 3}, {"snippet": "The Unconditional Guaranty is a primary, original and immediate obligation of each Guarantor and is an absolute, unconditional, continuing and irrevocable guaranty of payment and performance and shall remain in full force and effect until the full, final and indefeasible payment in cash of the Guarantied Obligations.", "samples": [{"hash": "fIJpN9o2q89", "uri": "/contracts/fIJpN9o2q89#unconditional-guaranty", "label": "Note Purchase Agreement (Tiffany & Co)", "score": 27.6666660309, "published": true}, {"hash": "es5fkcwMnNy", "uri": "/contracts/es5fkcwMnNy#unconditional-guaranty", "label": "Note Purchase and Private Shelf Agreement (Tiffany & Co)", "score": 23.5681037903, "published": true}, {"hash": "7E3e1YA8xrl", "uri": "/contracts/7E3e1YA8xrl#unconditional-guaranty", "label": "Note Purchase and Private Shelf Agreement (Tiffany & Co)", "score": 23.5681037903, "published": true}], "snippet_links": [{"key": "guaranty-of-payment-and-performance", "type": "clause", "offset": [155, 190]}, {"key": "full-force-and-effect", "type": "definition", "offset": [211, 232]}, {"key": "payment-in-cash", "type": "definition", "offset": [272, 287]}, {"key": "guarantied-obligations", "type": "clause", "offset": [295, 317]}], "size": 16, "hash": "ab818ade2ad7e98466575b2fafc5be8a", "id": 5}, {"snippet": "The Sponsor hereby unconditionally and irrevocably guarantees to the Servicer, each Participant and any transferee of the Participants, the full and prompt payment of all of the Guaranteed Obligations relating to the Loans and all costs, charges and expenses (including reasonable attorneys\u2019 fees) actually incurred or sustained by the Servicer or any Participant in enforcing the obligations of the Sponsor hereunder or the obligations of the Borrowers under the applicable Operative Documents. If any portion of the Loan Indebtedness with respect to any Defaulted Loan is not paid by the date specified herein, Sponsor hereby agrees to and will immediately pay the same in the applicable currency, without resort by Servicer or any Participant to any other person or party. The obligation of the Sponsor to Servicer and the Participants hereunder is primary, absolute and unconditional, except as may be specifically set forth herein. This is a guaranty of payment and not of collection. The obligations of the Sponsor pursuant to this Article X constitute a guarantee that is continuing in nature. The Servicer may, with the consent of the Required Participants and shall, upon the written request of the Required Participants, in the event that the obligations of the Sponsor with respect to a Defaulted Loan have arisen hereunder, request that the Sponsor purchase the Defaulted Loan and related Loan Commitment from the Servicer prior to the acceleration of the Defaulted Loan pursuant to the terms of the applicable Operative Documents for an amount equal to the Loan Indebtedness with respect to such Defaulted Loan, and Sponsor shall promptly upon receipt of such request, purchase such Defaulted Loan and assume the Loan Commitment related thereto, and such purchase by the Sponsor shall be deemed to be a payment hereunder in such amount.", "samples": [{"hash": "k5dcGPHIVHN", "uri": "/contracts/k5dcGPHIVHN#unconditional-guaranty", "label": "Loan Facility Agreement (Aaron's Company, Inc.)", "score": 33.2464065552, "published": true}, {"hash": "1TIO4CutHfs", "uri": "/contracts/1TIO4CutHfs#unconditional-guaranty", "label": "Loan Facility Agreement and Guaranty (Aaron's Company, Inc.)", "score": 33.1519508362, "published": true}, {"hash": "9LWBdCLG8fe", "uri": "/contracts/9LWBdCLG8fe#unconditional-guaranty", "label": "Loan Facility Agreement (Aaron's Company, Inc.)", "score": 31.9158115387, "published": true}], "snippet_links": [{"key": "each-participant", "type": "clause", "offset": [79, 95]}, {"key": "the-participants", "type": "definition", "offset": [118, 134]}, {"key": "payment-of", "type": "clause", "offset": [156, 166]}, {"key": "the-loans", "type": "clause", "offset": [213, 222]}, {"key": "all-costs", "type": "definition", "offset": [227, 236]}, {"key": "charges-and-expenses", "type": "clause", "offset": [238, 258]}, {"key": "reasonable-attorneys", "type": "definition", "offset": [270, 290]}, {"key": "actually-incurred", "type": "definition", "offset": [298, 315]}, {"key": "by-the-servicer", "type": "clause", "offset": [329, 344]}, {"key": "obligations-of-the-sponsor", "type": "clause", "offset": [381, 407]}, {"key": "obligations-of-the-borrowers", "type": "definition", "offset": [425, 453]}, {"key": "the-applicable", "type": "clause", "offset": [460, 474]}, {"key": "operative-documents", "type": "definition", "offset": [475, 494]}, {"key": "loan-indebtedness", "type": "definition", "offset": [518, 535]}, {"key": "with-respect-to", "type": "clause", "offset": [536, 551]}, {"key": "defaulted-loan", "type": "clause", "offset": [556, 570]}, {"key": "agrees-to", "type": "clause", "offset": [628, 637]}, {"key": "applicable-currency", "type": "definition", "offset": [679, 698]}, {"key": "by-servicer", "type": "clause", "offset": [715, 726]}, {"key": "person-or-party", "type": "definition", "offset": [759, 774]}, {"key": "obligation-of-the", "type": "clause", "offset": [780, 797]}, {"key": "absolute-and-unconditional", "type": "clause", "offset": [861, 887]}, {"key": "guaranty-of-payment-and-not-of-collection", "type": "clause", "offset": [947, 988]}, {"key": "article-x", "type": "definition", "offset": [1038, 1047]}, {"key": "consent-of-the", "type": "clause", "offset": [1128, 1142]}, {"key": "required-participants", "type": "definition", "offset": [1143, 1164]}, {"key": "written-request", "type": "definition", "offset": [1185, 1200]}, {"key": "in-the-event", "type": "clause", "offset": [1231, 1243]}, {"key": "sponsor-purchase", "type": "definition", "offset": [1353, 1369]}, {"key": "related-loan", "type": "definition", "offset": [1393, 1405]}, {"key": "prior-to-the", "type": "clause", "offset": [1435, 1447]}, {"key": "terms-of-the", "type": "clause", "offset": [1499, 1511]}, {"key": "equal-to", "type": "definition", "offset": [1557, 1565]}, {"key": "upon-receipt-of", "type": "definition", "offset": [1652, 1667]}, {"key": "the-loan-commitment", "type": "clause", "offset": [1722, 1741]}], "size": 19, "hash": "96adf944e2e266435208e6136cf1341f", "id": 4}, {"snippet": "(a) No action which Administrative Agent or any Lender may take or omit to take in connection with any of the Obligation Documents which does not violate the terms thereof, any of the Obligations (or any other indebtedness owing by Borrower to Administrative Agent or any Lender), or any Security, and no course of dealing of Administrative Agent or any Lender with any Obligor or any other Person, shall release or diminish Guarantor\u2019s obligations, liabilities, agreements or duties hereunder, affect this Guaranty in any way, or afford Guarantor any recourse against Administrative Agent or any Lender, regardless of whether any such action or inaction may increase any risks to or liabilities of Administrative Agent or any Lender or any Obligor or increase any risk to or diminish any safeguard of any Security. Without limiting the foregoing, Guarantor hereby expressly agrees that Administrative Agent and Lenders may, from time to time, without notice to or the consent of Guarantor, do any or all of the following:\n(i) Amend, change or modify, in whole or in part, any one or more of the Obligation Documents and give or refuse to give any waivers or other indulgences with respect thereto.\n(ii) Neglect, delay, fail, or refuse to take or prosecute any action for the collection or enforcement of any of the Obligations, to foreclose or take or prosecute any action in connection with any Security or Obligation Document, to bring suit against any Obligor or any other Person, or to take any other action concerning the Obligations or the Obligation Documents.\n(iii) Accelerate, change, rearrange, extend, or renew the time, rate, terms, or manner for payment or performance of any one or more of the Obligations (whether for principal, interest, fees, expenses, indemnifications, affirmative or negative covenants, or otherwise).\n(iv) Compromise or settle any unpaid or unperformed Obligation or any other obligation or amount due or owing, or claimed to be due or owing, under any one or more of the Obligation Documents.\n(v) Take, exchange, amend, eliminate, surrender, release, or subordinate any or all Security for any or all of the Obligations, accept additional or substituted Security therefor, and perfect or fail to perfect Administrative Agent\u2019s or Lenders\u2019 rights in any or all Security.\n(vi) Discharge, release, substitute or add Obligors.\n(vii) Apply all monies received from Obligors or others, or from any Security for any of the Obligations, as Administrative Agent or Lenders may determine to be in their best interest, without in any way being required to \u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587 Security or assets or to apply all or any part of such monies upon any particular Obligations.\n(b) No action or inaction of any Obligor or any other Person, and no change of law or circumstances, shall release or diminish Guarantor\u2019s obligations, liabilities, agreements, or duties hereunder, affect this Guaranty in any way, or afford Guarantor any recourse against Administrative Agent or any Lender. Without limiting the foregoing, the obligations, liabilities, agreements, and duties of Guarantor under this Guaranty shall not be released, diminished, impaired, reduced, or affected by the occurrence of any or all of the following from time to time, even if occurring without notice to or without the consent of Guarantor:\n(i) Any voluntary or involuntary liquidation, dissolution, sale of all or substantially all assets, marshalling of assets or liabilities, receivership, conservatorship, assignment for the benefit of creditors, insolvency, bankruptcy, reorganization, arrangement, or composition of any Obligor or any other proceedings involving any Obligor or any of the assets of any Obligor under laws for the protection of debtors, or any discharge, impairment, modification, release, or limitation of the liability of, or stay of actions or lien enforcement proceedings against, any Obligor, any properties of any Obligor, or the estate in bankruptcy of any Obligor in the course of or resulting from any such proceedings.\n(ii) The failure by Administrative Agent or any Lender to file or enforce a claim in any proceeding described in the immediately preceding subsection (i) or to take any other action in any proceeding to which any Obligor is a party.\n(iii) The release by operation of law of any Obligor from any of the Obligations or any other obligations to Administrative Agent or any Lender.\n(iv) The invalidity, deficiency, illegality, or unenforceability of any of the Obligations or the Obligation Documents, in whole or in part, any bar by any statute of limitations or other law of recovery on any of the Obligations, or any defense or excuse for failure to perform on account of force majeure, act of God, casualty, impossibility, impracticability, or other defense or excuse whatsoever.\n(v) The fact that Guarantor may have incurred directly part of the Obligations or is otherwise primarily liable therefor.\n(vi) Without limiting any of the foregoing, any fact or event (whether or not similar to any of the foregoing) which in the absence of this provision would or might constitute or afford a legal or equitable discharge or release of or defense to a guarantor or surety other than the actual payment and performance by Guarantor under this Guaranty.\n(c) This is a guaranty of payment and not of collection. Administrative Agent and Lenders may invoke the benefits of this Guaranty before pursuing any remedies against any Obligor or any other Person and before proceeding against any Security now or hereafter existing for the payment or performance of any of the Obligations. Administrative Agent and Lenders may maintain an action against Guarantor on this Guaranty without joining any other Obligor therein and without bringing a separate action against any other Obligor.\n(d) If any payment to Administrative Agent or any Lender by any Obligor is held to constitute a preference or a voidable transfer under applicable state or federal laws, or if for any other reason Administrative Agent or any Lender is required to refund such payment to the payor thereof or to pay the amount thereof to any other Person, such payment to Administrative Agent or such Lender shall not constitute a release of Guarantor from any liability hereunder, and Guarantor agrees to pay such amount to Administrative Agent or such Lender on demand and agrees and acknowledges that this Guaranty shall continue to be effective or shall be reinstated, as the case may be, to the extent of any such payment or payments. Any transfer by subrogation which is made as contemplated in Section 6 prior to any such payment or payments shall (regardless of the terms of such transfer) be automatically voided upon the making of any such payment or payments, and all rights so transferred shall thereupon revert to and be vested in Administrative Agent and Lenders.\n(e) This is a continuing guaranty and shall apply to and cover all Obligations and renewals and extensions thereof and substitutions therefor from time to time.", "samples": [{"hash": "gx6R8mYV3G", "uri": "/contracts/gx6R8mYV3G#unconditional-guaranty", "label": "Second Lien Guaranty (Sundance Energy Australia LTD)", "score": 25.5229301453, "published": true}, {"hash": "fSYmNAaUkTb", "uri": "/contracts/fSYmNAaUkTb#unconditional-guaranty", "label": "Guaranty (Sundance Energy Australia LTD)", "score": 25.5229301453, "published": true}, {"hash": "jTTvugeHf17", "uri": "/contracts/jTTvugeHf17#unconditional-guaranty", "label": "Second Lien Guaranty (Sundance 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"clause", "offset": [4591, 4600]}, {"key": "for-failure-to-perform", "type": "clause", "offset": [4665, 4687]}, {"key": "force-majeure", "type": "definition", "offset": [4702, 4715]}, {"key": "act-of-god", "type": "clause", "offset": [4717, 4727]}, {"key": "the-fact", "type": "clause", "offset": [4815, 4823]}, {"key": "primarily-liable", "type": "clause", "offset": [4906, 4922]}, {"key": "similar-to", "type": "definition", "offset": [5011, 5021]}, {"key": "discharge-or", "type": "clause", "offset": [5140, 5152]}, {"key": "payment-and-performance-by-guarantor", "type": "clause", "offset": [5222, 5258]}, {"key": "guaranty-of-payment-and-not-of-collection", "type": "clause", "offset": [5294, 5335]}, {"key": "benefits-of-this", "type": "clause", "offset": [5385, 5401]}, {"key": "the-payment", "type": "clause", "offset": [5553, 5564]}, {"key": "action-against-guarantor", "type": "clause", "offset": [5656, 5680]}, {"key": "other-obligor", "type": "definition", "offset": [5718, 5731]}, {"key": "separate-action", "type": "clause", "offset": [5763, 5778]}, {"key": "payment-to-administrative-agent", "type": "clause", "offset": [5817, 5848]}, {"key": "voidable-transfer", "type": "definition", "offset": [5918, 5935]}, {"key": "state-or-federal-laws", "type": "clause", "offset": [5953, 5974]}, {"key": "for-any-other-reason", "type": "clause", "offset": [5982, 6002]}, {"key": "payment-to-the", "type": "clause", "offset": [6065, 6079]}, {"key": "to-pay", "type": "clause", "offset": [6097, 6103]}, {"key": "release-of-guarantor", "type": "clause", "offset": [6219, 6239]}, {"key": "agrees-to", "type": "clause", "offset": [6284, 6293]}, {"key": "on-demand", "type": "clause", "offset": [6349, 6358]}, {"key": "continue-to-be-effective", "type": "clause", "offset": [6412, 6436]}, {"key": "the-case", "type": "definition", "offset": [6464, 6472]}, {"key": "to-the-extent", "type": "clause", "offset": [6481, 6494]}, {"key": "payment-or-payments", "type": "clause", "offset": [6507, 6526]}, {"key": "transfer-by-subrogation", "type": "clause", "offset": [6532, 6555]}, {"key": "in-section-6", "type": "clause", "offset": [6586, 6598]}, {"key": "prior-to", "type": "clause", "offset": [6599, 6607]}, {"key": "terms-of", "type": "definition", "offset": [6662, 6670]}, {"key": "all-rights", "type": "clause", "offset": [6763, 6773]}, {"key": "continuing-guaranty", "type": "definition", "offset": [6880, 6899]}, {"key": "all-obligations", "type": "clause", "offset": [6929, 6944]}, {"key": "renewals-and-extensions", "type": "clause", "offset": [6949, 6972]}], "size": 70, "hash": "13387a4f00c400d3e6e8670960a89d14", "id": 2}, {"snippet": "(a) Each Guarantor will pay the Guaranteed Obligations strictly in accordance with the terms of the Note Documents to the extent permitted by law regardless of any law, regulation or order now or hereafter in effect in any jurisdiction affecting any such term or any right of any Note Creditor with respect thereto.\n(b) This is a guarantee of payment and not of collection. The obligations of each Guarantor under or in respect of this Article 11 and each Note Document to which such Guarantor is a party are independent of the Guaranteed Obligations or any other obligation of the Issuers or any other Guarantor under or in respect of the Note Documents, and a separate action or actions may be brought and prosecuted against such Guarantor to enforce this Guarantee, irrespective of whether any action is brought against the Issuers or any other Guarantor or whether the Issuers or any other Guarantor is joined in any such action or actions.\n(c) The obligations of each Guarantor under this Article 11 and each Note Document to which such Guarantor is a party shall not, to the maximum extent permitted by law, be affected by:\n(1) any voluntary or involuntary liquidation, dissolution, sale of all or substantially all assets, marshalling of assets or liabilities, receivership, conservatorship, assignment for the benefit of creditors, insolvency, bankruptcy, reorganization, arrangement, or composition of the Issuers or any other Guarantor;\n(2) any other proceeding involving the Issuers or any other Guarantor or any asset of the Issuers or any other Guarantor under any law for the protection of debtors; or\n(3) any discharge, impairment, modification, release, or limitation of the liability of, or stay of actions or lien enforcement proceeding against, the Issuers or any other Guarantor, any property of the Issuers or any other Guarantor, or the estate in bankruptcy of the Issuers or any other Guarantor in the course of or resulting from any such proceeding.", "samples": [{"hash": "4PxFHzfYgEo", "uri": "/contracts/4PxFHzfYgEo#unconditional-guaranty", "label": "Indenture (Interface Security Systems, L.L.C.)", "score": 25.5174541473, "published": true}, {"hash": "jd3kykbpLrr", "uri": "/contracts/jd3kykbpLrr#unconditional-guaranty", "label": "Indenture (Interface Security Systems Holdings Inc)", "score": 25.4955501556, "published": true}], "snippet_links": [{"key": "the-guaranteed-obligations", "type": "clause", "offset": [28, 54]}, {"key": "in-accordance-with", "type": "clause", "offset": [64, 82]}, {"key": "note-documents", "type": "definition", "offset": [100, 114]}, {"key": "to-the-extent-permitted-by-law", "type": "clause", "offset": [115, 145]}, {"key": "regardless-of-any", "type": "clause", "offset": [146, 163]}, {"key": "in-effect", "type": "definition", "offset": [206, 215]}, {"key": "any-jurisdiction", "type": "definition", "offset": [219, 235]}, {"key": "right-of", "type": "definition", "offset": [267, 275]}, {"key": "guarantee-of-payment", "type": "definition", "offset": [330, 350]}, {"key": "obligations-of-each", "type": "clause", "offset": [378, 397]}, {"key": "in-respect-of", "type": "definition", "offset": [417, 430]}, {"key": "article-11", "type": "clause", "offset": [436, 446]}, {"key": "a-party", "type": "clause", "offset": [497, 504]}, {"key": "the-issuers", "type": "clause", "offset": [578, 589]}, {"key": "other-guarantor", "type": "clause", "offset": [597, 612]}, {"key": "separate-action", "type": "clause", "offset": [662, 677]}, {"key": "any-action", "type": "definition", "offset": [793, 803]}, {"key": "to-the-maximum-extent-permitted-by-law", "type": "clause", "offset": [1074, 1112]}, {"key": "affected-by", "type": "definition", "offset": [1117, 1128]}, {"key": "voluntary-or-involuntary-liquidation", "type": "clause", "offset": [1138, 1174]}, {"key": "sale-of-all-or-substantially-all-assets", "type": "clause", "offset": [1189, 1228]}, {"key": "assets-or-liabilities", "type": "clause", "offset": [1245, 1266]}, {"key": "assignment-for-the-benefit-of-creditors", "type": "clause", "offset": [1299, 1338]}, {"key": "composition-of-the", "type": "clause", "offset": [1396, 1414]}, {"key": "other-proceeding", "type": "clause", "offset": [1455, 1471]}, {"key": "protection-of", "type": "definition", "offset": [1590, 1603]}, {"key": "the-liability-of", "type": "clause", "offset": [1687, 1703]}, {"key": "stay-of-actions", "type": "clause", "offset": [1708, 1723]}, {"key": "enforcement-proceeding", "type": "definition", "offset": [1732, 1754]}, {"key": "in-bankruptcy", "type": "definition", "offset": [1866, 1879]}, {"key": "in-the-course-of", "type": "definition", "offset": [1918, 1934]}, {"key": "resulting-from", "type": "definition", "offset": [1938, 1952]}], "size": 16, "hash": "162a24ce416e72c2d91b811f00fa57d4", "id": 7}, {"snippet": "In consideration of the execution by Landlord of the Lease Agreement, Guarantor absolutely, irrevocably and unconditionally guarantees full and complete payment and performance by Resident of all of the duties and obligations of Resident under the Lease Agreement and further covenants with the Landlord that if default shall at any time be made by the Resident in payment of Rent or other payments under the Lease Agreement or in the performance of any other duties or obligations of the Resident contained in the Lease Agreement, Guarantor will pay to the Landlord or Landlord's successors or assigns any delinquent Rent and any damages or other sums that may arise or be due to Landlord under the Lease Agreement as a result of any violation or default by the Resident, on receipt of written notice of such violation or default from Landlord or Landlord's successors or assigns. Releasing or assignment of the Lease Agreement by Resident with or without Guarantor's approval shall not affect Guarantor's liability under this Guaranty. Subject to the terms and provisions hereof, modifications or amendments to the Lease Agreement or the Premises, or extensions or renewals of the Lease Term, or apartment reassignment during the Lease Term or Renewal Term, shall not affect Guarantor's liability under this Guaranty. Guarantor shall be liable for such modifications, amendments, extensions, renewals or changes to the Lease Agreement or Renewal Agreements.", "samples": [{"hash": "iGXhFTXUxol", "uri": "/contracts/iGXhFTXUxol#unconditional-guaranty", "label": "Lease Agreement", "score": 32.0107078552, "published": true}, {"hash": "fX42gV6GDn9", "uri": "/contracts/fX42gV6GDn9#unconditional-guaranty", "label": "Lease Agreement", "score": 32.0107078552, "published": true}, {"hash": "dS4XhXj14D3", "uri": "/contracts/dS4XhXj14D3#unconditional-guaranty", "label": "Lease Agreement", "score": 32.0107078552, "published": true}], "snippet_links": [{"key": "execution-by-landlord", "type": "clause", "offset": [24, 45]}, {"key": "by-resident", "type": "clause", "offset": [177, 188]}, {"key": "obligations-of-resident", "type": "clause", "offset": [214, 237]}, {"key": "further-covenants", "type": "clause", "offset": [268, 285]}, {"key": "the-landlord", "type": "clause", "offset": [291, 303]}, {"key": "default-shall", "type": "definition", "offset": [312, 325]}, {"key": "at-any-time", "type": "clause", "offset": [326, 337]}, {"key": "payment-of-rent", "type": "clause", "offset": [365, 380]}, {"key": "payments-under-the-lease", "type": "clause", "offset": [390, 414]}, {"key": "agreement-or", "type": "definition", "offset": [415, 427]}, {"key": "in-the-performance", "type": "clause", "offset": [428, 446]}, {"key": "any-other-duties", "type": "definition", "offset": [450, 466]}, {"key": "obligations-of-the-resident", "type": "clause", "offset": [470, 497]}, {"key": "contained-in", "type": "definition", "offset": [498, 510]}, {"key": "pay-to", "type": "definition", "offset": [547, 553]}, {"key": "landlord-or-landlord", "type": "clause", "offset": [558, 578]}, {"key": "successors-or-assigns", "type": "clause", "offset": [581, 602]}, {"key": "delinquent-rent", "type": "clause", "offset": [607, 622]}, {"key": "other-sums", "type": "clause", "offset": [642, 652]}, {"key": "to-landlord", "type": "definition", "offset": [678, 689]}, {"key": "default-by-the", "type": "clause", "offset": [748, 762]}, {"key": "notice-of", "type": "definition", "offset": [795, 804]}, {"key": "from-landlord", "type": "clause", "offset": [831, 844]}, {"key": "assignment-of-the-lease", "type": "clause", "offset": [895, 918]}, {"key": "this-guaranty", "type": "clause", "offset": [1023, 1036]}, {"key": "the-terms-and-provisions", "type": "clause", "offset": [1049, 1073]}, {"key": "amendments-to-the-lease-agreement", "type": "clause", "offset": [1099, 1132]}, {"key": "the-premises", "type": "clause", "offset": [1136, 1148]}, {"key": "during-the-lease-term", "type": "clause", "offset": [1221, 1242]}, {"key": "renewal-term", "type": "clause", "offset": [1246, 1258]}, {"key": "changes-to-the-lease", "type": "clause", "offset": [1406, 1426]}], "size": 16, "hash": "e4e6cc08e06fcb5c9aa4f2f858e0df51", "id": 6}, {"snippet": "The obligations of Guarantor hereunder are independent, absolute and unconditional, irrespective of any genuineness, validity, regularity or enforceability of the Obligations and irrespective of any genuineness, validity, regularity or enforceability of the Contract, or any substitution, release or exchange of any other guarantee of or security for any of the Obligations, and, to the fullest extent permitted by applicable law, irrespective of any other circumstance whatsoever that might otherwise constitute a legal or equitable discharge or defense of a surety or guarantor. Without limiting the generality of the foregoing, the occurrence of any one or more of the following shall not affect the liability of Guarantor hereunder:\n(a) at any time or from time to time, without notice to Guarantor, the time for any performance of or compliance with any of the Obligations shall be extended, or such performance or compliance shall be waived;\n(b) any acts or omissions by Seller with respect to the Obligations;\n(c) any of the Obligations shall be modified, supplemented or amended in any respect, or any right with respect to the Obligations shall be waived or any other guaranty of any of the Obligations or any security therefore shall be released or exchanged in whole or in part or otherwise modified or dealt with;\n(d) any lien or security interest granted to, or in favor of, Owner as security for any of the Obligations shall fail to be valid or perfected;\n(e) the voluntary or involuntary liquidation, dissolution, sale or other disposition of the assets and liabilities, or the voluntary or involuntary receivership, insolvency, bankruptcy, assignment for the benefit of creditors, reorganization or other similar proceeding affecting Seller, or rejection of the Contract in any such proceeding, or any action taken by any trustee or receiver in connection therewith (an \u201cEvent of Bankruptcy\u201d);\n(f) any lack of authorization, in whole or in part, of the Obligations or any term or provision hereof or of the Contract for any reason, or the rejection or purported rejection thereof in any Event of Bankruptcy;\n(g) Owner shall have taken or failed to have taken any steps to collect or enforce any obligation or liability from Seller or shall have taken any actions to mitigate its damages;\n(h) Owner shall have taken or failed to have taken any steps to collect or enforce any guaranty of or to proceed against any security for any Obligation;\n(i) any applicable law that might in any manner cause or permit to be invoked any alteration in the time, amount or manner of payment or performance of any of the Obligations or the obligations of Guarantor hereunder;\n(j) any merger or consolidation of Seller or Guarantor into or with any other person or any sale, lease or transfer of all or any of the assets of Seller or Guarantor to any other person;\n(k) any change in the ownership of any of the voting securities of Seller or Guarantor;\n(l) to the extent as may be waived by applicable law, the benefit of all principles or provisions of laws, rules and regulations which may be in conflict with the terms hereof; or\n(m) any failure on the part of Seller or Guarantor to comply with any applicable law.", "samples": [{"hash": "k1RJzzJyoDU", "uri": "/contracts/k1RJzzJyoDU#unconditional-guaranty", "label": "Guaranty", "score": 34.2274780273, "published": true}, {"hash": "9ORKIHxB1AF", "uri": "/contracts/9ORKIHxB1AF#unconditional-guaranty", "label": "Guaranty", "score": 33.0837554932, "published": true}, {"hash": "4YPymdYk5Wl", "uri": "/contracts/4YPymdYk5Wl#unconditional-guaranty", "label": "Guaranty", "score": 25.6885700226, "published": true}], "snippet_links": [{"key": "obligations-of-guarantor", "type": "clause", "offset": [4, 28]}, {"key": "absolute-and-unconditional", "type": "clause", "offset": [56, 82]}, {"key": "the-contract", "type": "definition", "offset": [254, 266]}, {"key": "other-guarantee", "type": "definition", "offset": [316, 331]}, {"key": "to-the-fullest-extent-permitted-by-applicable-law", "type": "clause", "offset": [380, 429]}, {"key": "discharge-or", "type": "clause", "offset": [534, 546]}, {"key": "without-limiting-the-generality-of-the-foregoing", "type": "clause", "offset": [581, 629]}, {"key": "liability-of-guarantor", "type": "clause", "offset": [703, 725]}, {"key": "at-any-time", "type": "clause", "offset": [741, 752]}, {"key": "from-time-to-time", "type": "clause", "offset": [756, 773]}, {"key": "notice-to-guarantor", "type": "clause", "offset": [783, 802]}, {"key": "compliance-with", "type": "definition", "offset": [839, 854]}, {"key": "obligations-shall", "type": "definition", "offset": [866, 883]}, {"key": "acts-or-omissions", "type": "clause", "offset": [956, 973]}, {"key": "by-seller", "type": "clause", "offset": [974, 983]}, {"key": "with-respect-to-the-obligations", "type": "clause", "offset": [984, 1015]}, {"key": "guaranty-of-any", "type": "definition", "offset": [1177, 1192]}, {"key": "otherwise-modified", "type": "clause", "offset": [1292, 1310]}, {"key": "granted-to", "type": "definition", "offset": [1360, 1370]}, {"key": "in-favor-of", "type": "definition", "offset": [1375, 1386]}, {"key": "voluntary-or-involuntary-liquidation", "type": "clause", "offset": [1478, 1514]}, {"key": "disposition-of", "type": "clause", "offset": [1543, 1557]}, {"key": "assets-and-liabilities", "type": "definition", "offset": [1562, 1584]}, {"key": "assignment-for-the-benefit-of-creditors", "type": "clause", "offset": [1656, 1695]}, {"key": "action-taken", "type": "clause", "offset": [1818, 1830]}, {"key": "trustee-or-receiver", "type": "clause", "offset": [1838, 1857]}, {"key": "in-connection", "type": "definition", "offset": [1858, 1871]}, {"key": "event-of-bankruptcy", "type": "definition", "offset": [1887, 1906]}, {"key": "lack-of", "type": "clause", "offset": [1918, 1925]}, {"key": "for-any-reason", "type": "clause", "offset": [2032, 2046]}, {"key": "from-seller", "type": "clause", "offset": [2235, 2246]}, {"key": "to-mitigate", "type": "definition", "offset": [2279, 2290]}, {"key": "payment-or-performance", "type": "clause", "offset": [2584, 2606]}, {"key": "merger-or-consolidation-of-seller", "type": "clause", "offset": [2684, 2717]}, {"key": "any-other-person", "type": "definition", "offset": [2744, 2760]}, {"key": "transfer-of", "type": "definition", "offset": [2783, 2794]}, {"key": "assets-of-seller", "type": "clause", "offset": [2813, 2829]}, {"key": "ownership-of", "type": "clause", "offset": [2886, 2898]}, {"key": "voting-securities", "type": "definition", "offset": [2910, 2927]}, {"key": "to-the-extent", "type": "clause", "offset": [2956, 2969]}, {"key": "provisions-of", "type": "clause", "offset": [3039, 3052]}, {"key": "rules-and-regulations", "type": "definition", "offset": [3059, 3080]}, {"key": "the-terms", "type": "definition", "offset": [3111, 3120]}, {"key": "comply-with", "type": "definition", "offset": [3186, 3197]}], "size": 14, "hash": "5ea445df50fe3dd41535265ca8c2bf2c", "id": 8}, {"snippet": "Each Guarantor hereby unconditionally, absolutely and irrevocably guarantees to each of the Beneficiaries the prompt and complete payment when due (whether at stated maturity, by acceleration or otherwise) and performance of all Guaranteed Obligations. The term \u201c", "samples": [{"hash": "3KrDu4mCAZ5", "uri": "/contracts/3KrDu4mCAZ5#unconditional-guaranty", "label": "Note Purchase and Private Shelf Agreement (LTC Properties Inc)", "score": 24.8412055969, "published": true}, {"hash": "4mK37MDQGI0", "uri": "/contracts/4mK37MDQGI0#unconditional-guaranty", "label": "Note Purchase and Private Shelf Agreement (Cubic Corp /De/)", "score": 24.1978092194, "published": true}, {"hash": "58066PvkYRg", "uri": "/contracts/58066PvkYRg#unconditional-guaranty", "label": "Note Purchase Agreement (LTC Properties Inc)", "score": 23.5982208252, "published": true}], "snippet_links": [{"key": "guarantor-hereby", "type": "clause", "offset": [5, 21]}, {"key": "the-beneficiaries", "type": "clause", "offset": [88, 105]}, {"key": "payment-when-due", "type": "clause", "offset": [130, 146]}, {"key": "stated-maturity", "type": "definition", "offset": [159, 174]}, {"key": "guaranteed-obligations", "type": "definition", "offset": [229, 251]}, {"key": "the-term", "type": "definition", "offset": [253, 261]}], "size": 13, "hash": "6158a95e3e71f8ccd5603ae8ce104734", "id": 10}, {"snippet": "Section 2.1.", "samples": [{"hash": "fIJpN9o2q89", "uri": "/contracts/fIJpN9o2q89#unconditional-guaranty", "label": "Note Purchase Agreement (Tiffany & Co)", "score": 27.6666660309, "published": true}, {"hash": "es5fkcwMnNy", "uri": "/contracts/es5fkcwMnNy#unconditional-guaranty", "label": "Note Purchase and Private Shelf Agreement (Tiffany & Co)", "score": 23.5681037903, "published": true}, {"hash": "7E3e1YA8xrl", "uri": "/contracts/7E3e1YA8xrl#unconditional-guaranty", "label": "Note Purchase and Private Shelf Agreement (Tiffany & Co)", "score": 23.5681037903, "published": true}], "snippet_links": [{"key": "section-21", "type": "clause", "offset": [0, 11]}], "size": 13, "hash": "305837d570da22b346c230209b7939b6", "id": 9}], "next_curs": "Cl8SWWoVc35sYXdpbnNpZGVyY29udHJhY3RzcjsLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2Ih91bmNvbmRpdGlvbmFsLWd1YXJhbnR5IzAwMDAwMDBhDKIBAmVuGAAgAA==", "clause": {"parents": [["guaranty", "Guaranty"], ["miscellaneous", "Miscellaneous"], ["definitions", "Definitions"], ["events-of-default", "Events of Default"], ["seller-guaranty", "Seller Guaranty"]], "title": "Unconditional Guaranty", "size": 700, "children": [["waivers", "Waivers"], ["unconditional-guaranty", "Unconditional Guaranty"], ["joint-and-several-liability", "Joint and Several Liability"], ["modification-of-loan-documents-etc", "Modification of Loan Documents etc"], ["nature-of-guaranty", "Nature of Guaranty"]], "id": "unconditional-guaranty", "related": [["unconditional-guarantee", "Unconditional Guarantee", "Unconditional Guarantee"], ["personal-guaranty", "Personal Guaranty", "Personal Guaranty"], ["additional-guarantor", "Additional Guarantor", "Additional Guarantor"], ["guaranty-unconditional", "Guaranty Unconditional", "Guaranty Unconditional"], ["guaranty-agreement", "Guaranty Agreement", "Guaranty Agreement"]], "related_snippets": [], "updated": "2026-05-07T05:32:46+00:00", "also_ask": ["What negotiation levers exist to limit or cap the guarantor\u2019s liability?", "Which essential terms must be included to ensure the guaranty is truly unconditional?", "What are the most common enforceability challenges to unconditional guaranties in court?", "How does an unconditional guaranty differ from a conditional or limited guaranty in legal effect?", "What risks arise if the guaranty lacks clear waiver of defenses or notice requirements?"], "drafting_tip": "State the guarantor\u2019s obligations as absolute and unconditional to prevent defenses; specify waiver of suretyship defenses to ensure enforceability; define the guaranteed obligations precisely to avoid ambiguity.", "explanation": "An Unconditional Guaranty is a contractual provision in which a guarantor agrees to be fully responsible for another party\u2019s obligations, regardless of any circumstances or defenses that might otherwise limit liability. This clause typically applies to financial obligations, such as loan repayments, where the guarantor promises to pay the debt if the primary obligor defaults, without requiring the lender to exhaust other remedies first. Its core function is to provide the beneficiary with a high level of assurance that the guaranteed obligations will be met, thereby reducing the risk of non-payment or default."}, "json": true, "cursor": ""}}