Examples of Buyer Obligations in a sentence
In addition, Silgan will not exercise any rights which it may acquire by way of subrogation under this guaranty by any payment made hereunder or otherwise, until all of the Buyer Obligations shall have indefeasibly been paid or performed in full.
If any amount shall be paid to Silgan on account of such subrogation rights at any time when all the Buyer Obligations shall not have been indefeasibly paid or performed in full, such amount shall be held in trust for the benefit of Seller and shall forthwith be paid to Seller and applied to such liabilities and obligations, whether matured or unmatured.
The term "Buyer Obligations" shall have the meaning set forth in Section 8.2.
Buyer Guarantor acknowledges and agrees that, with respect to all Buyer Obligations to pay money, such guaranty shall be a guaranty of payment and performance and not of collection and shall not be conditioned or contingent upon the pursuit of any remedies against Buyer.
Guarantor acknowledges and agrees that, with respect to all Operating Buyer Obligations to pay money, such guaranty shall be a guaranty of payment and performance and not of collection and shall not be conditioned or contingent upon the pursuit of any remedies against Operating Buyer.