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(b) each Loan Party\u2019s prompt, full and faithful performance, observance and discharge of each and every agreement, undertaking, covenant and provision to be performed, observed or discharged by such Loan Party under the Revolving Credit Agreement, the Notes and all other Loan Documents; and (c) the prompt payment in full by each Loan Party, when due or declared due and at all such times, of obligations and liabilities now or hereafter arising under Related Swap Contracts and Secured Cash Management Arrangements; provided, however, that the \u201cGuaranteed Liabilities\u201d shall exclude any Excluded Swap Obligations. 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The Guarantors\u2019 obligations to the Secured Parties under this Guaranty Agreement are hereinafter collectively referred to as the \u201cGuarantors\u2019 Obligations\u201d and, with respect to each Guarantor individually, the \u201cGuarantor\u2019s Obligations\u201d. Notwithstanding the foregoing, the liability of each Guarantor individually with respect to its Guarantor\u2019s Obligations shall be limited to an aggregate amount equal to the largest amount that would not render its obligations hereunder subject to avoidance under Section 548 of the United States Bankruptcy Code or any comparable provisions of any applicable state law. Each Guarantor agrees that it is jointly and severally, directly and primarily liable (subject to the limitation in the immediately preceding sentence) for the Guaranteed Liabilities. 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"CmMSXWoVc35sYXdpbnNpZGVyY29udHJhY3Rzcj8LEhpEZWZpbml0aW9uU25pcHBldEdyb3VwX3Y1NiIfZ3VhcmFudGVlZC1saWFiaWxpdGllcyMwMDAwMDAwYQyiAQJlbhgAIAA=", "definition": {"title": "Guaranteed Liabilities", "size": 358, "snippet": "means all moneys, obligations and liabilities expressed to be guaranteed by the Guarantor in clause 2.1;", "id": "guaranteed-liabilities", "examples": ["The making of the Loans and other credit extensions pursuant to the Credit Agreement and other Related Agreements shall be conclusively presumed to have been made or extended, respectively, in reliance upon the Guarantor\u2019s guaranty of the <strong>Guaranteed Liabilities</strong> pursuant to the terms hereof.", "The Guarantor agrees that it is directly and primarily liable for the <strong>Guaranteed Liabilities</strong>.", "Without limiting the provisions of Section 2 hereof, in the event that there shall occur and be continuing an Event of Default, then notwithstanding any collateral or other security or credit support for the <strong>Guaranteed Liabilities</strong>, at the Administrative Agent\u2019s election and without notice thereof or demand therefor, the Guarantor\u2019s Obligations shall immediately be and become due and payable.", "All Guarantor\u2019s Obligations for payment will be paid in lawful currency of the United States of America and in immediately available funds, regardless of any law, regulation or decree now or hereafter in effect that might in any manner affect the <strong>Guaranteed Liabilities</strong>, or the rights of any Secured Party with respect thereto as against Avnet Europe, or cause or permit to be invoked any alteration in the time, amount or manner of payment by Avent Europe of any or all of the <strong>Guaranteed Liabilities</strong>.", "The Guarantor agrees that this Guaranty Agreement shall continue to be effective or be reinstated, as the case may be, at any time payment received by any Secured Party in respect of any <strong>Guaranteed Liabilities</strong> is rescinded or must be restored for any reason, or is repaid by any Secured Party in whole or in part in good faith settlement of any pending or threatened avoidance claim.", "The Guarantor hereby unconditionally, absolutely, continually and irrevocably guarantees to each Secured Party the payment and performance in full of the <strong>Guaranteed Liabilities</strong> (as defined below).", "Until this Guaranty Agreement is terminated in accordance with Section 21 hereof, the Guarantor hereby unconditionally subordinates all present and future debts, liabilities or obligations now or hereafter owing to the Guarantor from Avnet Europe, to the payment in full of the <strong>Guaranteed Liabilities</strong>.", "The obligations of the Guarantor under this paragraph shall survive the payment in full of the <strong>Guaranteed Liabilities</strong> and termination of this Guaranty Agreement.", "If any claim arising under or related to this Guaranty Agreement is reduced to judgment denominated in a currency (the \u201cJudgment Currency\u201d) other than the currencies in which the <strong>Guaranteed Liabilities</strong> are denominated or the currencies payable hereunder (collectively the \u201cAgreement Currency\u201d), the judgment shall be for the equivalent in the Judgment Currency of the amount of the claim denominated in the Agreement Currency included in the judgment, determined as of the date of judgment.", "Subject to reinstatement pursuant to Section 13 hereof, this Guaranty Agreement, and all of the Guarantor\u2019s Obligations hereunder (excluding those Guarantor\u2019s Obligations relating to <strong>Guaranteed Liabilities</strong> that expressly survive such termination) shall terminate on the Facility Termination Date."], "related": [["guaranteed-obligations", "Guaranteed Obligations", "Guaranteed Obligations"], ["guaranteed-loan", "Guaranteed loan", "Guaranteed loan"], ["guaranteed-debt", "Guaranteed Debt", "Guaranteed Debt"], ["guaranteed-indebtedness", "Guaranteed Indebtedness", "Guaranteed Indebtedness"], ["guarantied-obligations", "Guarantied Obligations", "Guarantied Obligations"]], "related_snippets": [], "updated": "2026-02-26T05:44:22+00:00"}, "json": true, "cursor": ""}}