Guaranty Agreements definition
Examples of Guaranty Agreements in a sentence
Each of the following Guaranty Agreements, as amended or supplemented, was entered into by and between The Education Resources Institute, Inc.
The Collateral and all income and/or proceeds of the Collateral shall be, and be treated by XXXX as being, the property of XXXX, subject to the pledge and security interest created hereunder, and XXXX shall report the Collateral and all such proceeds as its sole property until, unless and except to the extent any of the Collateral is paid and transferred pursuant to each of the Guaranty Agreements and this Agreement.
This Agreement and the security interests under this Agreement shall terminate when all amounts due and owing on account of, and all obligations and liabilities of XXXX in respect of, the Secured Obligations shall have been fully performed, satisfied and paid as provided in this Agreement and the Guaranty Agreements.
XXXX shall not permit the Collateral to be used in violation of any of the Guaranty Agreements or this Agreement.
Any Loan with respect to which the Owner receives payment in full hereunder will forthwith be transferred to XXXX on the terms and conditions set forth in the Guaranty Agreements.