Common use of Guaranty of Obligation Clause in Contracts

Guaranty of Obligation. (a) Guarantor hereby irrevocably and unconditionally guarantees to Administrative Agent (for the benefit of the Lenders) the payment and performance 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 irrevocably and unconditionally covenants and agrees that it is fully and personally liable for the Guaranteed Obligations as a primary obligor as set forth herein. As used herein, the term "

Appears in 2 contracts

Samples: Completion Guaranty (Nexpoint Diversified Real Estate Trust), And Master Lease (Nexpoint Diversified Real Estate Trust)

AutoNDA by SimpleDocs

Guaranty of Obligation. (a) Guarantor hereby irrevocably and unconditionally guarantees to Administrative Agent (for the benefit of the Lenders) the payment and performance 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 irrevocably and unconditionally covenants and agrees that it is fully and personally liable for the Guaranteed Obligations as a primary obligor as set forth herein. As used herein, the term "a

Appears in 1 contract

Samples: Nexpoint Diversified Real Estate Trust

Guaranty of Obligation. (a) Guarantor hereby irrevocably and unconditionally guarantees to Administrative Agent (for the benefit of the Lenders) in its capacity as a Lender), Lenders and their respective successors and assigns the payment and performance 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 irrevocably and unconditionally covenants and agrees that it is fully and personally liable for the Guaranteed Obligations as a primary obligor as set forth herein. As used herein, the term "obligor.

Appears in 1 contract

Samples: Guaranty Agreement (Centro NP LLC)

Guaranty of Obligation. (a) Guarantor hereby irrevocably and unconditionally guarantees to Administrative Agent (for the benefit of the Lenders) and Lenders and their respective successors and permitted assigns the payment and performance 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 irrevocably and unconditionally covenants and agrees that it is fully and personally liable for the Guaranteed Obligations as a primary obligor as set forth hereinobligor. As used herein, the term "HTI MOB Portfolio

Appears in 1 contract

Samples: Guaranty of Recourse Obligations (Healthcare Trust, Inc.)

AutoNDA by SimpleDocs

Guaranty of Obligation. (a) Each Guarantor hereby irrevocably and unconditionally jointly and severally guarantees to Administrative Agent (for and the benefit Lenders and each of the Lenders) their respective successors and assigns the payment and performance of the Guaranteed Obligations (as defined below) as and when the same shall be due and payable, whether by lapse of time, by acceleration of maturity or otherwise. Each Guarantor hereby irrevocably and unconditionally covenants and agrees that it is fully jointly and personally severally liable for the Guaranteed Obligations as a primary obligor as set forth herein. As used herein, the term "obligor.

Appears in 1 contract

Samples: Guaranty Agreement (Altitude International Holdings, Inc.)

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