Common use of Nature of Guaranty Clause in Contracts

Nature of Guaranty. This Guaranty is irrevocable and continuing in nature and relates to any Guarantied Obligations now existing or hereafter arising. This Guaranty is a guaranty of prompt and punctual payment and performance and is not merely a guaranty of collection.

Appears in 11 contracts

Samples: Guaranty (Coast Hotels & Casinos Inc), Credit Agreement (Pinnacle Entertainment Inc), Credit Agreement (Pinnacle Entertainment Inc)

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Nature of Guaranty. This Subsidiary Guaranty is irrevocable and continuing in nature and relates to any Guarantied Obligations now existing or hereafter arising. This Subsidiary Guaranty is a guaranty of prompt and punctual payment and performance and is not merely a guaranty of collection.

Appears in 8 contracts

Samples: Credit Agreement (Korn Ferry International), Term Loan Agreement (Mandalay Resort Group), Term Loan Agreement (Mandalay Resort Group)

Nature of Guaranty. This Guaranty is irrevocable and continuing in nature and relates to any Guarantied Obligations now existing or hereafter arising. This Guaranty is a guaranty of prompt and punctual payment and performance and is not merely a guaranty of collection.

Appears in 5 contracts

Samples: Guaranty (Herbst Gaming Inc), Guaranty (Herbst Gaming Inc), Guaranty (Herbst Gaming Inc)

Nature of Guaranty. This Guaranty is irrevocable and continuing in nature and relates to any Guarantied Obligations now existing or hereafter arising. This Guaranty is a guaranty of prompt and punctual payment and performance and is not merely a guaranty of collectioncollection and shall be operative and binding until the Guarantied Obligations shall have been indefeasibly paid and performed in full, the Credit Agreement and the other Loan Documents shall have been terminated and no commitment to extent credit to Borrower remains outstanding under the Credit Agreement.

Appears in 3 contracts

Samples: www.sec.gov, CityCenter Holdings, LLC, CityCenter Holdings, LLC

Nature of Guaranty. This Guaranty is irrevocable and continuing in nature and relates to any Guarantied Obligations now existing or hereafter arising. This Guaranty is a guaranty of prompt and punctual payment and performance and is not merely a guaranty of collection.

Appears in 2 contracts

Samples: Credit Agreement (Reliance Steel & Aluminum Co), Credit Agreement (Reliance Steel & Aluminum Co)

Nature of Guaranty. This Guaranty is irrevocable and continuing ------------------ in nature and relates to any Guarantied Obligations now existing or hereafter arising. This Guaranty is a guaranty of prompt and punctual payment and performance and is not merely a guaranty of collection.

Appears in 2 contracts

Samples: Guaranty (Coast Hotels & Casinos Inc), Loan Agreement (MGM Grand Inc)

Nature of Guaranty. This Guaranty is irrevocable and continuing in nature and relates to any Guarantied Obligations now existing or hereafter arising. This Guaranty is a guaranty of prompt and punctual payment and performance and is not merely a guaranty of collection. 4.

Appears in 2 contracts

Samples: Guaranty (Coast Hotels & Casinos Inc), Coast Hotels & Casinos Inc

Nature of Guaranty. This Guaranty is irrevocable and continuing in nature and relates to any Guarantied Obligations obligations now existing or hereafter arisingarising . This Guaranty is a guaranty of prompt and punctual payment and performance and is not merely a guaranty of collection.

Appears in 1 contract

Samples: Line of Credit Agreement (California Beach Restaurants Inc)

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Nature of Guaranty. This Subsidiary Guaranty is irrevocable and continuing in nature and relates to any Guarantied Obligations now existing or hereafter arising. This Subsidiary Guaranty is a guaranty of prompt and punctual payment and performance and is not merely a guaranty of collection. 4.

Appears in 1 contract

Samples: Loan Agreement (Circus Circus Enterprises Inc)

Nature of Guaranty. This Guaranty is irrevocable and continuing in nature and relates to any Guarantied Guaranteed Obligations now existing or hereafter arising. This Guaranty is a guaranty of prompt and punctual payment and performance and is not merely a guaranty of collection.

Appears in 1 contract

Samples: Harrahs Entertainment Inc

Nature of Guaranty. This Guaranty is irrevocable and ------------------ continuing in nature and relates to any Guarantied Obligations now existing or hereafter arising. This Guaranty is a guaranty of prompt and punctual payment and performance and is not merely a guaranty of collection.

Appears in 1 contract

Samples: West Marine Inc

Nature of Guaranty. This Guaranty is irrevocable and continuing in nature and relates to any Guarantied Guaranteed Obligations now existing or hereafter arisingarising under or in connection with the Credit Agreement. This Guaranty is a guaranty of prompt and punctual payment and performance and is not merely a guaranty of collection.

Appears in 1 contract

Samples: Credit Agreement (Penn Virginia Corp)

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