Examples of Guaranteed Obligations in a sentence
Each Guarantor shall be obligated to perform all of the Guaranteed Obligations upon the default or non-performance thereof by the Seller.
This Guaranty is a continuing guaranty and shall remain in effect until all of the Guaranteed Obligations shall have been indefeasibly paid in full (other than contingent indemnification obligations for which no claim has been asserted) and the Term Loan Commitments shall have terminated.
In addition, until the Guaranteed Obligations shall have been indefeasibly paid in full (other than contingent indemnification obligations for which no claim has been asserted) and the Term Loan Commitments shall have terminated, each Guarantor shall withhold exercise of any right of contribution such Guarantor may have against any other guarantor (including any other Guarantor) of the Guaranteed Obligations, including any such right of contribution as contemplated by Section 9.02.
Each Guarantor agrees that its obligations hereunder are irrevocable, absolute, independent and unconditional and shall not be affected by any circumstance which constitutes a legal or equitable discharge of a guarantor or surety other than payment in full of the Guaranteed Obligations (other than contingent indemnification obligations for which no claim has been asserted).
The Guarantor agrees to unconditionally and irrevocably guarantee, in favour of the Company, the due and punctual performance of each of the obligations and liabilities to be performed by the Investor pursuant to this Agreement (collectively, the “Guaranteed Obligations”) and, to the extent permissible by Applicable Law, shall perform or cause to be performed such Guaranteed Obligations upon the default or non-performance thereof by the Investor.