Guaranty of Borrower’s Obligations Sample Clauses

Guaranty of Borrower’s Obligations. Each Guarantor, jointly and severally, irrevocably, absolutely and unconditionally guarantees to Investor the due and punctual payment, when due, by acceleration or otherwise, of all obligations to pay under the Note Documentation and performance of all of the obligations of the Note Documentation and related documents.
Sample 1
AutoNDA by SimpleDocs
Guaranty of Borrower’s Obligations. The Guarantor hereby guarantees to the Lender the due and punctual payment of the Borrower’s Obligations, when and as the same shall become due and payable (whether by acceleration or otherwise).
Sample 1Sample 2
Guaranty of Borrower’s Obligations. Guarantor hereby unconditionally guarantees to GMAC, and its respective successors, endorsees, transferees and assigns, the prompt payment (whether at stated maturity, by acceleration or otherwise) and performance of all of the Borrowers’ obligations and all other liabilities of any kind of Borrowers arising under the Credit Agreement and/or the Note plus all costs, fees and expenses of enforcement and collection under this Guaranty, including, but not limited to, reasonable attorney’s fees (collectively, the “Guarantor’s Obligations”). Guarantor agrees that this Guaranty is a guaranty of payment and performance and not of collection and that Guarantor’s Obligations under this Guaranty shall be primary, absolute and unconditional, irrespective of, and unaffected by:
Sample 1
Guaranty of Borrower’s Obligations. The Guarantor hereby absolutely and unconditionally does hereby agree to guarantee the prompt and punctual payment of all of the indebtedness, including principal, interest, attorney's fees and other amounts, of the Borrower to Lender incurred by the Borrower pursuant to that certain Credit Agreement between Borrower and Lender of even date herewith, as same may hereafter be amended, renewed, extended or replaced ("Credit Agreement") or pursuant to the provisions of any of Loan Documents as defined therein or pursuant to any and all promissory notes executed or to be executed by Borrower in favor of Lender in connection with the Credit Agreement (such indebtedness referred to herein as the "Obligations"). Partial repayments of the Obligations (including proceeds received from realization upon any collateral for the Obligations) shall not reduce the amount guaranteed hereunder unless and until the amount of the Obligations is less than the maximum amount guaranteed hereunder.
Sample 1

Related to Guaranty of Borrower’s Obligations

  • Performance of Borrowers’ Obligations Agent may, in its discretion at any time and from time to time, at Borrowers’ expense, pay any amount or do any act required of a Borrower under any Loan Documents or otherwise lawfully requested by Agent to (a) enforce any Loan Documents or collect any Obligations; (b) protect, insure, maintain or realize upon any Collateral; or (c) defend or maintain the validity or priority of Agent’s Liens in any Collateral, including any payment of a judgment, insurance premium, warehouse charge, finishing or processing charge, or landlord claim, or any discharge of a Lien. All payments, costs and expenses (including Extraordinary Expenses) of Agent under this Section shall be reimbursed to Agent by Borrowers, on demand, with interest from the date incurred to the date of payment thereof at the Default Rate applicable to Base Rate Revolver Loans. Any payment made or action taken by Agent under this Section shall be without prejudice to any right to assert an Event of Default or to exercise any other rights or remedies under the Loan Documents.

  • Borrower’s Obligations Absolute Borrower acknowledges that Lender and/or certain Affiliates of Lender are engaged in the business of financing, owning, operating, leasing, managing, and brokering real estate and in other business ventures which may be viewed as adverse to or competitive with the business, prospect, profits, operations or condition (financial or otherwise) of Borrower. Except as set forth to the contrary in the Loan Documents, all sums payable by Borrower hereunder shall be paid without notice or demand, counterclaim, set-off, deduction or defense and without abatement, suspension, deferment, diminution or reduction, and the obligations and liabilities of Borrower hereunder shall in no way be released, discharged, or otherwise affected (except as expressly provided herein) by reason of: (a) any damage to or destruction of or any Taking of the Property or any portion thereof or any other Cross-collateralized Property; (b) any restriction or prevention of or interference with any use of the Property or any portion thereof or any other Cross-collateralized Property; (c) any title defect or encumbrance or any eviction from the Premises or any portion thereof by title paramount or otherwise; (d) any bankruptcy proceeding relating to Borrower, any General Partner, or any guarantor or indemnitor, or any action taken with respect to this Security Instrument or any other Loan Document by any trustee or receiver of Borrower or any other Cross-collateralized Borrower or any such General Partner, guarantor or indemnitor, or by any court, in any such proceeding; (e) any claim which Borrower has or might have against Lender; (f) any default or failure on the part of Lender to perform or comply with any of the terms hereof or of any other agreement with Borrower or any other Cross-collateralized Borrower; or (g) any other occurrence whatsoever, whether similar or dissimilar to the foregoing, whether or not Borrower shall have notice or knowledge of any of the foregoing.

  • Borrower’s Obligations not affected If for any reason the amount standing to the credit of the Operating Account is insufficient to repay any Drawing or to make any payment of interest when due, the Borrower’s obligation to repay that Drawing or to make that payment of interest shall not be affected.

  • Performance by Lender of Borrower's Obligations If the Borrower fails to perform or comply with any of its agreements contained in the Loan Documents and the Lender may itself perform or comply, or otherwise cause performance or compliance, with such agreement, the expenses of the Lender incurred in connection with such performance or compliance, together with interest thereon at a rate per annum equal to the Post-Default Rate, shall be payable by the Borrower to the Lender on demand and shall constitute Secured Obligations.

  • OBLIGATIONS OF BORROWER Until payment in full of all Loan Facility Obligations and termination of the Loan Documents, Borrower agrees as follows:

  • Guaranty of the Obligations Subject to the provisions of Section 7.2, Guarantors jointly and severally hereby irrevocably and unconditionally guaranty to Administrative Agent for the ratable benefit of the Beneficiaries the due and punctual payment in full of all Obligations when the same shall become due, whether at stated maturity, by required prepayment, declaration, acceleration, demand or otherwise (including amounts that would become due but for the operation of the automatic stay under Section 362(a) of the Bankruptcy Code, 11 U.S.C. § 362(a)) (collectively, the “Guaranteed Obligations”).

  • Borrower’s obligations unaffected The provisions of this Clause 18 do not affect:

  • Reaffirmation of Credit Party Obligations Each Credit Party hereby ratifies the Credit Agreement and acknowledges and reaffirms (a) that it is bound by all terms of the Credit Agreement applicable to it and (b) that it is responsible for the observance and full performance of its respective Credit Party Obligations.

  • Guaranty of Obligations Guarantor hereby absolutely, irrevocably and unconditionally guarantees to Lender the full and timely payment and performance of all of the Guaranteed Obligations as and when the same shall be due and payable, whether by lapse of time, by acceleration of maturity or otherwise. Guarantor hereby absolutely, irrevocably and unconditionally covenants and agrees that it is liable for the Guaranteed Obligations as primary obligor.

  • Obligations of the Borrower 13 Section 3.01.

Time is Money Join Law Insider Premium to draft better contracts faster.