Examples of Term Guarantors in a sentence
For the avoidance of doubt, the consent and acknowledgement of the Borrowers, the ABL Guarantors and the Term Guarantors herein, shall not constitute a waiver of any of their rights available under the Loan Documents, at law or in equity.
Guarantors shall mean the Revolver Guarantors and Term Guarantors.
The Revolver Guarantors, Term Borrowers (other than Xxxxxxxxx Coal Company, Inc.) and Term Guarantors shall guaranty the Obligations of the Revolver Borrowers.
The usual forms of security are bail, letters of undertaking from a protection and indemnity (hereinafter ‘P&I’) club, and bank guarantees.
This Guaranty is a continuing obligation of the Term Guarantors and shall remain in full force and effect notwithstanding that no Guarantied Obligations may be outstanding from time to time and notwithstanding any other event or circumstance.