Common use of Guaranty of Obligation Clause in Contracts

Guaranty of Obligation. Guarantor hereby absolutely, irrevocably and unconditionally guarantees to Lender (and its successors and assigns) the payment and performance of the Guaranteed Obligations as and when the same shall be due and payable, whether upon demand by Lender or by lapse of time, by acceleration of maturity or otherwise. Guarantor hereby absolutely, irrevocably and unconditionally covenants and agrees that Guarantor is liable for the Guaranteed Obligations as a primary obligor, and that Guarantor shall fully perform each and every term and provision hereof.

Appears in 5 contracts

Samples: Guaranty (Lightstone Value Plus Real Estate Investment Trust, Inc.), Guaranty (Lightstone Value Plus Real Estate Investment Trust, Inc.), Lightstone Value Plus Real Estate Investment Trust, Inc.

AutoNDA by SimpleDocs

Guaranty of Obligation. Guarantor hereby absolutelyirrevocably, irrevocably absolutely and unconditionally guarantees to Lender (Agent and its Lenders and their respective successors and assigns) assigns the payment and performance of the Guaranteed Obligations as and when the same shall be due and payable, whether upon demand by Lender or by lapse of time, by acceleration of maturity or otherwise. Guarantor hereby absolutely, irrevocably and unconditionally covenants and agrees that Guarantor it is liable for the Guaranteed Obligations as a primary obligor, and that Guarantor shall fully perform each and every term and provision hereof.

Appears in 2 contracts

Samples: Alexanders Inc, Alexanders Inc

Guaranty of Obligation. Each Guarantor hereby absolutely, irrevocably and unconditionally guarantees to Lender (and its successors and assigns) assigns the payment and performance of the Guaranteed Obligations as and when the same shall be due and payable, whether upon demand by Lender or by lapse of time, by acceleration of maturity or otherwise. Each Guarantor hereby absolutely, irrevocably and unconditionally covenants and agrees that Guarantor it is liable for the Guaranteed Obligations as a primary obligor, and that Guarantor shall fully perform each and every term and provision hereof.

Appears in 2 contracts

Samples: Horizon Group Properties Inc, Horizon Group Properties Inc

Guaranty of Obligation. Guarantor hereby absolutely, irrevocably and unconditionally guarantees to Lender (and its successors and assigns) assigns the payment and performance of the Guaranteed Obligations as and when the same shall be due and payable, whether upon demand by Lender or by lapse of time, by acceleration of maturity or otherwise. Guarantor hereby absolutely, irrevocably and unconditionally covenants and agrees that Guarantor it is liable for the Guaranteed Obligations as a primary obligor, . This Guaranty shall terminate and that Guarantor shall fully perform each be of no further force and every term and provision hereofeffect upon the performance or payment in full of the Guaranteed Obligations.

Appears in 1 contract

Samples: Guaranty (Cedar Shopping Centers Inc)

AutoNDA by SimpleDocs

Guaranty of Obligation. Guarantor hereby absolutely, irrevocably and ---------------------- unconditionally guarantees to Lender (and its successors and assigns) assigns the payment and performance of the Guaranteed Obligations as and when the same shall be due and payable, whether upon demand by Lender or by lapse of time, by acceleration of maturity or otherwise. Guarantor hereby absolutely, irrevocably and unconditionally covenants and agrees that Guarantor it is liable for the Guaranteed Obligations as a primary obligor, and that Guarantor shall fully perform each and every term and provision hereof.

Appears in 1 contract

Samples: Wellington Properties Trust

Guaranty of Obligation. Guarantor hereby absolutely, irrevocably and unconditionally guarantees to Lender (and its successors and assigns) the payment and performance of the Guaranteed Obligations as and when the same shall be due and payable, whether upon demand by Lender or by lapse of time, by acceleration of maturity or otherwise. Guarantor hereby absolutely, irrevocably and unconditionally covenants and agrees that Guarantor it is liable for the Guaranteed Obligations as a primary obligor, and that Guarantor shall fully perform each and every term and provision hereof.

Appears in 1 contract

Samples: Behringer Harvard Reit I Inc

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