Common use of Nature of Guaranty Clause in Contracts

Nature of Guaranty. (a) Each Guarantor agrees that this Guaranty is a continuing, unconditional guaranty of payment and performance and not of collection, and that its obligations under this Guaranty shall be primary, absolute and unconditional, irrespective of, and unaffected by:

Appears in 38 contracts

Samples: Guaranty Agreement (National Instruments Corp), Senior Unsecured Credit Agreement (Choice Hotels International Inc /De), Credit Agreement (Cirrus Logic Inc)

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Nature of Guaranty. (a) Each Guarantor agrees that this Guaranty is a continuing, unconditional guaranty of payment and performance and not of collection, and that its obligations under this Guaranty shall be primary, absolute and unconditional, irrespective of, and unaffected by:

Appears in 13 contracts

Samples: Credit Agreement (Suburban Propane Partners Lp), Intercompany Subordination Agreement (Rural Metro Corp /De/), Loan Agreement (Medcath Corp)

Nature of Guaranty. (a) Each Subsidiary Guarantor agrees that this Guaranty is a continuing, unconditional guaranty of payment and performance and not of collection, and that its obligations under this Guaranty shall be primary, absolute and unconditional, irrespective of, and unaffected by:

Appears in 5 contracts

Samples: Credit Agreement (Corrections Corp of America), Guaranty Agreement (Globalstar, Inc.), Subsidiary Guaranty Agreement (Pool Corp)

Nature of Guaranty. (a) Each The Guarantor agrees that this Guaranty is a continuing, unconditional guaranty of payment and performance and not of collection, and that its obligations under this Guaranty shall be primary, absolute and unconditional, irrespective of, and unaffected by:

Appears in 5 contracts

Samples: Agreement (Lecg Corp), Credit Agreement (Perkins Papers LTD), Credit Agreement (Caraustar Industries Inc)

Nature of Guaranty. (a) Each Guarantor agrees that this Guaranty is a continuing, unconditional guaranty of payment and performance and not of collection, and that its obligations under this Guaranty shall be exclusive and independent of any security for or other guaranty of the Guaranteed Obligations whether executed by any such Guarantor, any other guarantor or by any other party and shall be primary, absolute and unconditional, irrespective of, and unaffected by:

Appears in 4 contracts

Samples: Credit Agreement (Blackbaud Inc), Guaranty Agreement (Blackbaud Inc), Guaranty Agreement (Blackbaud Inc)

Nature of Guaranty. (a) Each Guarantor Holdings agrees that this Parent Guaranty is a continuing, unconditional guaranty of payment and performance and not of collection, and that its obligations under this Parent Guaranty shall be primary, absolute and unconditional, irrespective of, and unaffected by:

Appears in 4 contracts

Samples: Credit Agreement (Digitalnet Holdings Inc), Credit Agreement (Digitalnet Holdings Inc), Bridge Loan Agreement (Digitalnet Holdings Inc)

Nature of Guaranty. (a) Each Guarantor agrees that this Guaranty is a continuing, unconditional guaranty of payment and performance and not of collection, and that its obligations under this Guaranty shall be primary, absolute and unconditional, irrespective of, and unaffected by, and each Guarantor hereby irrevocably waives, to the extent not prohibited by Applicable Law, any defenses to enforcement it may have (now or in the future) by reason of:

Appears in 3 contracts

Samples: Subsidiary Guaranty Agreement, Subsidiary Guaranty Agreement (Switch, Inc.), Subsidiary Guaranty Agreement (Switch, Inc.)

Nature of Guaranty. (a) Each The Guarantor agrees that this Guaranty is a continuing, unconditional guaranty of payment and performance and not of collection, and that its obligations under this Guaranty shall be primary, absolute and unconditional, irrespective of, and unaffected by:

Appears in 2 contracts

Samples: Credit Agreement (Cabot Corp), Credit Agreement (Cabot Corp)

Nature of Guaranty. (a) Each Guarantor agrees that this Guaranty is a continuing, unconditional guaranty of payment and performance and not of collection, and that its obligations under this Guaranty shall be exclusive and independent of any security for or other guaranty of the Guaranteed Obligations whether executed by any such Guarantor, any other guarantor or by any other party and shall be primary, absolute and unconditional, irrespective of, and unaffected by:

Appears in 2 contracts

Samples: Credit Agreement (Blackbaud Inc), Credit Agreement (Blackbaud Inc)

Nature of Guaranty. (a) Each Guarantor agrees that this Guaranty is a continuing, unconditional guaranty of payment and performance and not of collection, and that to the extent permitted by Applicable Law, its obligations under this Guaranty shall be primary, absolute and unconditional, irrespective of, and unaffected by:

Appears in 2 contracts

Samples: Guaranty Agreement (Realpage Inc), Guaranty Agreement (Realpage Inc)

Nature of Guaranty. (a) Each Guarantor Obligor agrees that this Guaranty is a continuing, unconditional guaranty of payment and performance and not of collection, and that its obligations under this Guaranty shall be primary, absolute and unconditional, irrespective of, and unaffected by:

Appears in 2 contracts

Samples: Credit Agreement (Geo Group Inc), Credit Agreement (Geo Group Inc)

Nature of Guaranty. (a) Each Guarantor agrees that this Guaranty is a continuing, unconditional guaranty of payment and performance and not of collection, and that to the extent permitted by Applicable Law, its obligations under this Guaranty shall be primary, absolute and unconditional, irrespective of, and unaffected by, and each Guarantor hereby irrevocably waives, to the extent not prohibited by Applicable Law, any defenses to enforcement it may have (now or in the future) by reason of:

Appears in 1 contract

Samples: Guaranty Agreement (RealPage, Inc.)

Nature of Guaranty. (a) Each Guarantor agrees that this Guaranty is a an absolute, complete, continuing, unconditional and irrevocable guaranty of payment and performance of the Indebtedness and not of collection, and that its obligations under this Guaranty shall be primary, absolute and unconditional, irrespective of, and unaffected by:the Obligations.

Appears in 1 contract

Samples: Guaranty Agreement (American Physicians Service Group Inc)

Nature of Guaranty. (a) Each Guarantor agrees that this Guaranty is a continuing, unconditional unconditional, absolute and irrevocable guaranty of payment and performance and not of collection, and that its obligations under this Guaranty shall be primary, absolute absolute, irrevocable and unconditional, irrespective of, and unaffected by:

Appears in 1 contract

Samples: Credit Agreement (Insignia Financial Group Inc /De/)

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Nature of Guaranty. (a) Each The Guarantor agrees that this Guaranty is a continuing, unconditional guaranty of payment and performance and not of collection, and that its his obligations under this Guaranty shall be primary, absolute and unconditional, irrespective of, and unaffected by:

Appears in 1 contract

Samples: Share Purchase Agreement (Harvest Natural Resources, Inc.)

Nature of Guaranty. (a) Each Guarantor agrees that this Guaranty is a continuing, unconditional unconditional, absolute and irrevocable guaranty of payment and performance and not of collection, and that its obligations under this Guaranty shall be primary, absolute and unconditional, irrespective of, and unaffected by:

Appears in 1 contract

Samples: Unconditional Guaranty Agreement (Quintiles Transnational Corp)

Nature of Guaranty. (a) Each The Guarantor agrees that this Guaranty is a continuing, unconditional guaranty of payment and performance and not of collectioncompletion, and that its his obligations under this Guaranty shall be primary, absolute and unconditional, irrespective of, and unaffected by:

Appears in 1 contract

Samples: Exhibit E Guaranty Agreement

Nature of Guaranty. (a) Each Subsidiary Guarantor agrees that this Guaranty is a continuing, unconditional guaranty of payment and performance and not of collection, and that its obligations under this Guaranty shall be primary, absolute and unconditional, irrespective of, of and unaffected by:

Appears in 1 contract

Samples: Fourth Supplemental Indenture (Globalstar, Inc.)

Nature of Guaranty. (a) Each Guarantor expressly understands and agrees that this Guaranty is a continuing, unconditional present and continuing guaranty of payment and performance and not of collection, and that its the obligations of Guarantor under this Guaranty are and shall be primary, absolute under any and unconditional, irrespective of, and unaffected by:all circumstances.

Appears in 1 contract

Samples: GRRP Owner Completion Guaranty Agreement

Nature of Guaranty. (a) Each Subsidiary Guarantor agrees that this Guaranty is a continuing, unconditional guaranty of payment and performance and not of collection, and that its obligations under this Guaranty shall be primary, absolute and unconditional, irrespective of, and unaffected by, and each Subsidiary Guarantor hereby irrevocably waives, to the extent not prohibited by Applicable Law, any defenses to enforcement it may have (now or in the future) by reason of:

Appears in 1 contract

Samples: Credit Agreement (Ubiquiti Networks, Inc.)

Nature of Guaranty. (a) Each The Parent Guarantor agrees that this Parent Guaranty is a an absolute, continuing, unconditional guaranty of payment and performance and not of collection, and that its obligations under this Parent Guaranty shall be primary, absolute and unconditional, irrespective of, and unaffected by:

Appears in 1 contract

Samples: Credit Agreement (Medcath Corp)

Nature of Guaranty. (a) Each The Guarantor agrees that this Guaranty is a continuing, unconditional guaranty of payment and performance and not of collection, and that its his obligations under this Guaranty shall be primary, absolute and unconditional, irrespective of, and unaffected by:

Appears in 1 contract

Samples: Guaranty Agreement (Lecg Corp)

Nature of Guaranty. (a) Each a)Each Subsidiary Guarantor agrees that this Guaranty is a continuing, unconditional guaranty of payment and performance and not of collection, and that its obligations under this Guaranty shall be primary, absolute and unconditional, irrespective of, and unaffected by:

Appears in 1 contract

Samples: Subsidiary Guaranty Agreement (SCP Pool Corp)

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