Unconditionally Sample Clauses
The 'Unconditionally' clause establishes that a party's obligation or action is not subject to any conditions or contingencies. In practice, this means that the party must perform as required regardless of any external factors, events, or the behavior of other parties. For example, a payment or delivery might be required unconditionally, even if other contractual obligations are not met. This clause ensures absolute commitment and removes ambiguity, thereby preventing disputes over whether certain requirements must be fulfilled before performance is due.
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Unconditionally and absolutely guarantees the due and punctual payment of the principal of the Note, the interest thereon and other monies due or which may become due thereon, and the due and punctual performance and observance by the Debtor of all the other terms, covenants and conditions of the Note and the Security Agreement, whether according to the present terms thereof, at any earlier or accelerated date or dates as provided therein, or pursuant to any extension of time or to any change or changes in the terms, covenants and conditions thereof now or at any time hereafter made or granted.
Unconditionally and absolutely guarantees to Lender (i) the full and prompt payment, when due, whether at the Maturity Date or upon acceleration of maturity pursuant to the provisions of the Loan Documents, of the principal amount and accrued interest on the Note; (ii) all additional Loan Obligations of Borrower; and (iii) the full and prompt payment of any and all costs and expenses of and incidental to the enforcement of this Guaranty, including, without limitation, attorneys’ fees (collectively, the “Guarantor Obligations”).
Unconditionally. Each Participant's obligation to make available its Contribution is unconditiona l in circumstances where the Investment Agent is required to pay the Purchase Price under the relevant Supplemental Sale and Purchase Agreement.
Unconditionally and absolutely guarantees, jointly and severally, the due and punctual payment of the principal of the Note, the interest thereon and any other moneys due or which may become due thereon, and the due and punctual performance and observance by the Borrower of all the other terms, covenants and conditions of the Note and Mortgage, whether according to the present terms thereof, at any earlier or accelerated date or dates as provided therein, or pursuant to any extension of time or to any change or changes in the terms, covenants and conditions thereof now or at any time hereafter made or granted; provided, however, the obligations set forth above shall only be effective (A) upon a transfer in whole or in part, of title to the Property or a transfer (directly or indirectly) of control of Borrower in violation of Paragraph 2.16 of the Mortgage, (B) if Borrower or one or more of its affiliates unsuccessfully contest, delay, oppose, impede, or otherwise interfere with any foreclosure or other enforcement action commenced by L▇▇▇▇▇ relating to the Loan, or unsuccessfully assert any claims, defenses or counterclaims therein, or (C) if the Borrower voluntarily files for bankruptcy or, if the bankruptcy proceedings are initiated involuntarily (except if by L▇▇▇▇▇), Borrower fails in good faith and with diligence to seek their dismissal and fails to secure such dismissal within 90 days from the date such proceedings are initiated.