Common use of Guaranty of the Obligations Clause in Contracts

Guaranty of the Obligations. Subject to the provisions of Section 7.02, Guarantors jointly and severally hereby irrevocably and unconditionally guaranty to the 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”); provided, however, that Guaranteed Obligations consisting of obligations of any Loan Party arising under any secured Hedge Agreement shall exclude all Excluded Swap Obligations.

Appears in 4 contracts

Samples: Credit and Guaranty Agreement (RadNet, Inc.), Credit and Guaranty Agreement (RadNet, Inc.), Counterpart Agreement (RadNet, Inc.)

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Guaranty of the Obligations. Subject to the provisions of Section 7.0213.2, the Guarantors jointly and severally hereby irrevocably and unconditionally guaranty to the Administrative Agent for the ratable benefit of the Beneficiaries Secured Parties 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”); provided, however, that Guaranteed Obligations consisting of obligations of any Loan Party arising under any secured Hedge Agreement shall exclude all Excluded Swap Rate Contract Obligations.

Appears in 3 contracts

Samples: Credit and Guaranty Agreement (RadNet, Inc.), First Lien Credit and Guaranty Agreement (RadNet, Inc.), Credit and Guaranty Agreement (RadNet, Inc.)

Guaranty of the Obligations. Subject to the provisions of Section 7.027.2, Guarantors jointly and severally hereby irrevocably and unconditionally guaranty to the Administrative Agent Agent, for the ratable benefit of the Beneficiaries 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”); provided, however, provided that Guaranteed Obligations consisting of obligations of Obligations” with respect to any Loan Party arising under any secured Hedge Agreement Guarantor shall exclude all Excluded Swap ObligationsObligations of such Guarantor).

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (Hamilton Lane INC), Credit and Guaranty Agreement (Hamilton Lane INC)

Guaranty of the Obligations. Subject to the provisions of Section 7.027.2, Guarantors jointly and severally hereby irrevocably and unconditionally guaranty to the 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”); provided, however, that Guaranteed Obligations consisting of obligations of any Loan Credit Party arising under any secured Hedge Agreement shall exclude all Excluded Swap Obligations.

Appears in 1 contract

Samples: Pledge and Security Agreement (Vca Antech Inc)

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Guaranty of the Obligations. Subject to the provisions of Section 7.02, Guarantors jointly and severally hereby irrevocably and unconditionally guaranty to the Administrative Agent for the ratable benefit of the Beneficiaries the due and punctual payment Payment in full Full of all Secured 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”); provided. For the avoidance of doubt, however, that Guaranteed in no event shall any Excluded Foreign Subsidiary guaranty the Secured Obligations consisting of obligations the Borrower or of any other Domestic Subsidiary that is a Loan Party arising under any secured Hedge Agreement shall exclude all Excluded Swap ObligationsParty.

Appears in 1 contract

Samples: Intercreditor Agreement (Fairmount Santrol Holdings Inc.)

Guaranty of the Obligations. Subject to the provisions of Section 7.02, the Guarantors jointly and severally hereby irrevocably and unconditionally guaranty to the Administrative Agent and the Collateral Agent, for the ratable benefit of the Beneficiaries Beneficiaries, the due and punctual payment in full of all Obligations (other than Designated L/C Facility 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”); provided, however, that Guaranteed Obligations consisting of obligations of any Loan Party arising under any secured Hedge Secured Hedging Agreement shall exclude all Excluded Swap Obligations.

Appears in 1 contract

Samples: Credit Agreement (Alcatel Lucent)

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