Common use of Guaranty of Obligation Clause in Contracts

Guaranty of Obligation. Guarantors hereby irrevocably and unconditionally guarantee, jointly and severally, to the Credit Parties (a) the due and punctual payment of the Guaranteed Debt, and (b) the timely performance of all other obligations now or hereafter owed by Borrower to the Credit Parties under the Credit Agreement. Each Guarantor hereby irrevocably and unconditionally covenants and agrees that it is liable for the Guaranteed Debt as primary obligor.

Appears in 4 contracts

Samples: Revolving Credit Agreement (Horton D R Inc /De/), Credit Agreement (Protection One Alarm Monitoring Inc), Revolving Credit Agreement (Horton D R Inc /De/)

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Guaranty of Obligation. Guarantors The Guarantor hereby irrevocably and unconditionally guarantee, jointly and severally, guarantees to the Credit Parties (a) Banks, and the Agent and their respective successors and assigns the due and punctual payment of the "Guaranteed Debt, and " (b) the timely performance of all other obligations now or hereafter owed by Borrower to the Credit Parties under the Credit Agreementhereinafter defined). Each The Guarantor hereby irrevocably and unconditionally covenants and agrees that it is liable for the Guaranteed Debt as primary obligor.

Appears in 1 contract

Samples: And Waiver Agreement (Enhance Financial Services Group Inc)

Guaranty of Obligation. Guarantors Each Guarantor hereby irrevocably ------------- ---------------------- and unconditionally guarantee, jointly guarantees to Bank and severally, to the Credit Parties (a) its respective successors and assigns the due and punctual payment of the "Guaranteed Debt, and " (b) the timely performance of all other obligations now or hereafter owed by Borrower to the Credit Parties under the Credit Agreementhereinafter defined). Each Guarantor hereby irrevocably and unconditionally covenants and agrees that it is liable for the Guaranteed Debt as primary obligor.

Appears in 1 contract

Samples: Pledge Agreement (Centris Group Inc)

Guaranty of Obligation. Guarantors hereby irrevocably and unconditionally guaranteeeach of them, jointly and severally, hereby irrevocably and unconditionally guarantees to the Credit Parties Lender and its successors and assigns (ai) the due and punctual payment of the Guaranteed Debt, and (bii) the timely performance of all other obligations now or hereafter owed by Borrower to the Credit Parties Lender under the Credit Loan Agreement. Each Guarantor Guarantors and each of them, jointly and severally, hereby irrevocably and unconditionally covenants and agrees that it is liable for the Guaranteed Debt as primary obligor.

Appears in 1 contract

Samples: Revolving Credit Agreement (Cross Timbers Oil Co)

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Guaranty of Obligation. Guarantors hereby Each Guarantor irrevocably and unconditionally guarantee, jointly and severally, to the Credit Parties guarantees (a) the due and punctual payment of the Guaranteed Debt, Debt and (b) the timely performance of all other obligations now or hereafter owed by Borrower to the Credit Parties under the Credit AgreementFacility. Each Guarantor hereby irrevocably and unconditionally covenants and agrees that it is liable for the Guaranteed Debt as primary obligor.

Appears in 1 contract

Samples: Guaranty Agreement (Prologis, L.P.)

Guaranty of Obligation. Guarantors Guarantor hereby irrevocably and unconditionally guarantee, jointly and severally, guarantees to the Credit Parties (a) the due and punctual payment of the Guaranteed Debt, and (b) the timely performance of all other obligations now or hereafter owed by Borrower to the Credit Parties under the Credit Agreement. Each Guarantor hereby irrevocably and unconditionally covenants and agrees that it is liable for the Guaranteed Debt as primary obligor.

Appears in 1 contract

Samples: Credit Agreement (Protection One Alarm Monitoring Inc)

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