Common use of Obligations Guaranteed Clause in Contracts

Obligations Guaranteed. Subject to the provisions of this Article II, the Guarantor hereby fully, unconditionally and irrevocably guarantees (a) to each Holder of a Senior Note authenticated and delivered by the Trustee or Authenticating Agent, (i) the full and prompt payment of the principal of, and premium, if any, and interest on, and any Redemption Price with respect to, such Senior Note, when, where and as the same shall become due and payable, whether at the stated maturity thereof, by acceleration, call for redemption or otherwise in accordance with the terms of such Senior Note and the Indenture and (ii) the full and prompt payment of interest on the overdue principal and interest, if any, on such Senior Note, at the rate specified in such Senior Note and to the extent lawful and (b) to the Trustee the full and prompt payment upon written demand therefor of all amounts due to it in accordance with the terms of the Indenture (collectively the “Guaranteed Obligation”). If for any reason the Company shall fail punctually to pay any such Guaranteed Obligation, the Guarantor hereby agrees to cause any such Guaranteed Obligation to be made punctually when, where and as the same shall become due and payable, whether at the stated maturity thereof, by acceleration, call for redemption or otherwise. All payments by the Guarantor hereunder shall be paid in lawful money of the United States of America. This Guarantee is unsecured and ranks equally in right of payment with all of the Guarantor’s existing and future senior indebtedness.

Appears in 14 contracts

Samples: Guarantee (Principal Financial Group Inc), Guarantee (Principal Financial Group Inc), Principal Financial Group Inc

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Obligations Guaranteed. Subject to the provisions of this Article II2, the Guarantor hereby fully, unconditionally and irrevocably guarantees (a) to each Holder of a Senior Note Security authenticated and delivered by the Trustee or Authenticating Agent, (i) the full and prompt payment of the principal of, and premium, if any, and interest on, and any Redemption Price with respect to, such Senior NoteSecurity, when, where and as the same shall become due and payable, whether at the stated maturity thereof, by acceleration, call for redemption or otherwise in accordance with the terms of such Senior Note Security and the Indenture and (ii) the full and prompt payment of interest on the overdue principal and interest, if any, on such Senior NoteSecurity, at the rate specified in such Senior Note Security and to the extent lawful and (b) to the Trustee the full and prompt payment upon written demand therefor of all amounts due to it in accordance with the terms of the Indenture (collectively the “Guaranteed Obligation”). If for any reason the Company shall fail punctually to pay any such Guaranteed Obligation, the Guarantor hereby agrees to cause any such Guaranteed Obligation to be made punctually when, where and as the same shall become due and payable, whether at the stated maturity thereof, by acceleration, call for redemption or otherwise. All payments by the Guarantor hereunder shall be paid in lawful money of the United States of America. This Guarantee is unsecured and ranks equally in right of payment with all of the Guarantor’s existing and future senior indebtedness.

Appears in 14 contracts

Samples: Indenture (Principal Financial Group Inc), Indenture (Principal Financial Group Inc), Guarantee (Principal Financial Group Inc)

Obligations Guaranteed. Subject The Guarantor, subject to the provisions of this Article IIterms and conditions set forth in the Applicable Indenture, the Guarantor hereby fullyunconditionally guarantees, unconditionally and irrevocably guarantees on an unsecured basis, (a) to each Holder of a Senior Note an Applicable Security authenticated and delivered by the Trustee or Authenticating AgentAgent in accordance with the terms of the Applicable Indenture, (i) the full and prompt payment of the principal of, and premium, if any, of and interest onon such Applicable Security, and any Redemption Price with respect to, such Senior Note, when, where when and as the same shall become due and payable, whether at the stated maturity Stated Maturity thereof, by accelerationacceleration or otherwise, call for redemption or otherwise all in accordance with the terms of such Senior Note Applicable Security and the Indenture and Applicable Indenture, (ii) the full and prompt payment of interest on the overdue principal and interest, if any, on such Senior NoteApplicable Security, at the rate specified in such Senior Note and the Applicable Indenture but only to the extent lawful and (iii) the performance of all other obligations of the Company to such Holder under such Applicable Security and the Applicable Indenture; and (b) to the Trustee the full and prompt payment upon written demand therefor of all amounts due to it in accordance with the terms of the Indenture (collectively the “Guaranteed Obligation”)Applicable Indenture. If for any reason the Company shall fail punctually to pay any such Guaranteed Obligationprincipal or interest, the Guarantor hereby agrees to cause any such Guaranteed Obligation payment to be made punctually when, where when and as the same shall become due and payable, whether at the stated maturity Stated Maturity thereof, by acceleration, call for redemption acceleration or otherwise. All payments by the Guarantor hereunder shall be paid made in lawful money of the United States of America. This Guarantee is unsecured and ranks equally in right of payment with all of the Guarantor’s existing and future senior indebtednessDollars.

Appears in 2 contracts

Samples: Supplemental Indenture (American Airlines Inc), American Airlines Inc

Obligations Guaranteed. Subject to the provisions of this Article II, the The Guarantor hereby fully, unconditionally and irrevocably guarantees guarantees: (a) to each Holder of a Senior Note Security authenticated and delivered by the Trustee or Authenticating Agent, (i) the full and prompt payment of the principal of, of and premium, if any, and interest on, and any Redemption Price with respect to, such Senior NoteSecurity, when, where when and as the same shall become due and payable, whether at the stated maturity thereof, by acceleration, call for redemption or otherwise otherwise, all in accordance with the terms of such Senior Note Security and the Indenture and (ii) the full and prompt payment of interest on the overdue principal and interest, if any, on such Senior NoteSecurity, at the rate specified in such Senior Note and the Indenture but only to the extent lawful lawful; and (b) to the Trustee the full and prompt payment upon written demand therefor of all amounts due to it in accordance with the terms of the Indenture (collectively the “Guaranteed Obligation”)Indenture. If for any reason the Company shall fail punctually to pay any such Guaranteed Obligationprincipal, premium, interest or Redemption Price, the Guarantor hereby agrees to cause any such Guaranteed Obligation payment to be made punctually when, where when and as the same shall become due and payable, whether at the stated maturity thereof, by acceleration, call for redemption or otherwise. All payments by the Guarantor hereunder shall be paid in lawful money of the United States of America. This Guarantee is unsecured and ranks equally in right of payment with all of the Guarantor’s existing and future senior indebtedness.

Appears in 2 contracts

Samples: Guarantee (Amr Corp), Guarantee (Amr Corp)

Obligations Guaranteed. Subject to the provisions of this Article II, the Guarantor hereby fully, unconditionally and irrevocably guarantees (a) to each Holder of a Senior Junior Subordinated Note authenticated and delivered by the Trustee or Authenticating Agent, (i) the full and prompt payment of the principal of, and premium, if any, and interest on, and any Redemption Price with respect to, such Senior Junior Subordinated Note, when, where and as the same shall become due and payable, whether at the stated maturity thereof, by acceleration, call for redemption or otherwise in accordance with the terms of such Senior Junior Subordinated Note and the Indenture and (ii) the full and prompt payment of interest on the overdue principal and interest, if any, on such Senior Junior Subordinated Note, at the rate specified in such Senior Junior Subordinated Note and to the extent lawful and (b) to the Trustee the full and prompt payment upon written demand therefor of all amounts due to it in accordance with the terms of the Indenture (collectively the “Guaranteed Obligation”). If for any reason the Company shall fail punctually to pay any such Guaranteed Obligation, the Guarantor hereby agrees to cause any such Guaranteed Obligation to be made punctually when, where and as the same shall become due and payable, whether at the stated maturity thereof, by acceleration, call for redemption or otherwise. All payments by the Guarantor hereunder shall be paid in lawful money of the United States of America. This Guarantee is unsecured and ranks equally in right of payment with all of the Guarantor’s existing and future senior indebtedness.

Appears in 2 contracts

Samples: Guarantee (Principal Financial Group Inc), Guarantee (Principal Financial Group Inc)

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Obligations Guaranteed. Subject to the provisions of this Article II, the The Guarantor hereby fully, unconditionally and irrevocably guarantees (a) to each Holder of a Senior Note Security authenticated and delivered by the Trustee or Authenticating Agent, (i) the full and prompt payment of the principal of, and premium, if any, and interest on, and any Redemption Price with respect to, such Senior NoteSecurity, when, where and as the same shall become due and payable, whether at the stated maturity thereof, by acceleration, call for redemption or otherwise in accordance with the terms of such Senior Note Security and the Indenture and (ii) the full and prompt payment of interest on the overdue principal and interest, if any, on such Senior NoteSecurity, at the rate specified in such Senior Note Security and to the extent lawful and (b) to the Trustee the full and prompt payment upon written demand therefor of all amounts due to it in accordance with the terms of the Indenture (collectively the “Guaranteed Obligation”). If for any reason the Company shall fail punctually to pay any such Guaranteed Obligation, the Guarantor hereby agrees to cause any such Guaranteed Obligation to be made punctually when, where and as the same shall become due and payable, whether at the stated maturity thereof, by acceleration, call for redemption or otherwise. All payments by the Guarantor hereunder shall be paid in lawful money of the United States of America. This Guarantee is unsecured and ranks equally in right of payment with all of the Guarantor’s existing and future senior indebtedness.

Appears in 1 contract

Samples: Principal Financial Group Inc

Obligations Guaranteed. Subject to the provisions of this Article II, the The Guarantor hereby fully, unconditionally and irrevocably guarantees (a) to each Holder of a Senior Note Security authenticated and delivered by the Trustee or Authenticating Agent, (i) the full and prompt payment of the principal of, and premium, if any, and interest on, and any Redemption Price with respect to, such Senior NoteSecurity, when, where and as the same shall become due and payable, whether at the stated maturity thereof, by acceleration, call for redemption or otherwise in accordance with the terms of such Senior Note Security and the Indenture and (ii) the full and prompt payment of interest on the overdue principal and interest, if any, on such Senior NoteSecurity, at the rate specified in such Senior Note security and to the extent lawful and (b) to the Trustee the full and prompt payment upon written demand therefor of all amounts due to it in accordance with the terms of the Indenture (collectively collectively, the “Guaranteed ObligationObligations”). If for any reason the Company shall fail punctually to pay any such Guaranteed Obligation, the Guarantor hereby agrees to cause any such Guaranteed Obligation to be made punctually when, where and as the same shall become due and payable, whether at the stated maturity thereof, by acceleration, call for redemption or otherwise. All payments by the Guarantor hereunder shall be paid in lawful money of the United States of America. This Guarantee is unsecured and ranks equally in right of payment with all of the Guarantor’s existing and future senior indebtedness.

Appears in 1 contract

Samples: Guarantee (Principal Financial Group Inc)

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