Examples of Lender Guarantors in a sentence
During the course of any of the Guaranteed Work undertaken by Lender or any other party on behalf of Lender, Guarantors shall pay on demand any amounts due to contractors, subcontractors and material suppliers and for permits and licenses necessary or desirable in connection therewith.
Guarantor appoints Lender Guarantor's attorney-in-fact to file claims, and receive payments, on behalf of Guarantor with respect to any of the Subordinated Debt in any proceeding by or against Borrower under the Bankruptcy Code (including Chapters 7 or 11), any assignment for the benefit of Lenders made by Borrower, or in any other reorganization or insolvency proceeding.
Regardless of the duration of time, and irrespective of any act, omission or course of dealing whatever on the part of Lender, Guarantor's liabilities and other obligations under this Guaranty shall remain in full effect until the payment in full of the Obligations.
The “Second Lien Lender Guarantors” shall initially be Spectrum Investment Partners LP, Five Mile Capital Pooling International LLC and Transamerica Life Insurance Company, or others, subject to Agent’s review and approval of the financial statements to be provided on or behalf of the proposed additional Second Lien Lender Guarantors.
To induce the Lender to extend credit to TRANSIT GROUP, INC., a Florida corporation (the "Borrower"), Guarantor has agreed to give to Lender Guarantor's continuing and unconditional guarantee of the payment of indebtedness and the performance of all obligations of the Borrower to the Lender resulting from the extension(s) of credit by the Lender to the Borrower.
Upon the occurrence of an Event of Default, and upon demand by Lender, Guarantors shall assemble the Collateral and make it available to Lender at a place reasonably convenient to Lender and Guarantors.
Subject to paragraph (b), if for any reason, any such reduction is made or any Taxes are paid by the Administrative Agent or any Lender (except for taxes on income or profits of such Administrative Agent or Lender), Guarantors will pay to the Administrative Agent or such Lender such additional amounts as may be necessary to ensure that the Administrative Agent or such Lender receives the same net amount which it would have received had no reduction been made or Taxes paid.
In a form satisfactory to Lender, Guarantors shall deliver to Lender, concurrently with the execution of this Guaranty and the Loan Agreement, the Loan Documents and other instruments, certificates and documents as are required to be delivered by Guarantors to Lender under the Loan Agreement.
The Loan Documents shall be binding upon, and inure to the benefit of, Borrower, Lender, Guarantors, and their respective successors and assigns.
During the course of any work related to any Guaranteed Work undertaken by Lender or any other party on behalf of Lender, Guarantors shall pay on demand any amounts due to contractors, subcontractors and material suppliers and for permits and licenses necessary or desirable in connection therewith to the extent such amounts constitute Guaranteed Obligations hereunder.