Examples of Guaranty Default in a sentence
Upon the occurrence and continuation of a Guaranty Default, Lessor shall have the right to bring such actions at law or in equity, including appropriate injunctive relief, as it deems appropriate to compel compliance, payment or deposit, and among other remedies to recover its reasonable attorneys' fees in any proceeding, including any appeal therefrom and any post-judgement proceedings.
Upon the occurrence of a Guaranty Default, Guarantor immediately shall perform or cause to be performed the Obligations.
Promptly upon receiving notice thereof, Guarantor will give, or cause to be given, prompt written notice of (a) any Guaranty Default or Guaranty Event of Default and (b) any actions, proceedings or notices adversely affecting the Lien of the Trustee in the Guarantor Collateral.
Any payments required to be made by Guarantor hereunder immediately shall become due on demand in accordance with the terms hereof upon the occurrence of a Guaranty Default.
No Guaranty Default or Guaranty Event of Default has occurred and is continuing.