Common use of Obligations Guaranteed Clause in Contracts

Obligations Guaranteed. Guarantors, jointly and severally, hereby guarantee and become surety to Lender for the full, prompt and unconditional payment of the Obligations, when and as the same shall become due, whether at the stated maturity date, by acceleration or otherwise, and the full, prompt and unconditional performance of each term and condition to be performed by Company under the Credit Agreement and other Loan Documents. This Guaranty is a primary obligation of Guarantors and shall be a continuing inexhaustible Guaranty. This is a guaranty of payment and not of collection. Lender may require Guarantors to pay and perform their liabilities and obligations under this Guaranty and may proceed immediately against Guarantors without being required to bring any proceeding or take any action against Company or any other Person prior thereto; the liability of Guarantors hereunder being independent of and separate from the liability of Company, any other guarantor, any other Person, and the availability of other collateral security for the Loan and the other Loan Documents.

Appears in 2 contracts

Samples: Guaranty Agreement (Pulse Network, Inc.), Guaranty Agreement (Pulse Network, Inc.)

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Obligations Guaranteed. Guarantors, jointly Guarantor hereby guarantees and severally, hereby guarantee and become becomes surety to Lender Buyer for the full, prompt and unconditional payment and performance of the Obligations, when and as the same shall become due, whether at the stated maturity date, by acceleration or otherwise, and the full, prompt and unconditional performance of each term and condition to be performed by Company under the Credit Agreement Debentures and the other Loan Transaction Documents. This Guaranty is a primary obligation of Guarantors Guarantor and shall be a continuing inexhaustible Guaranty. This is a guaranty of payment and not of collection. Lender Buyer may require Guarantors Guarantor to pay and perform their its liabilities and obligations under this Guaranty and may proceed immediately against Guarantors Guarantor without being required to bring any proceeding or take any action against Company or any other Person prior thereto; the liability of Guarantors Guarantor hereunder being independent of and separate from the liability of Company, any other guarantor, any other Person, and the availability of other collateral security for the Loan Debentures and the other Loan Transaction Documents.

Appears in 2 contracts

Samples: Guaranty Agreement (Mota Group, Inc.), Guaranty Agreement (Star Mountain Resources, Inc.)

Obligations Guaranteed. Guarantors, jointly and severally, hereby guarantee and become surety to Lender for the full, prompt and unconditional payment of the Obligations, when and as the same shall become due, whether at the stated maturity date, by acceleration or otherwise, and the full, prompt and unconditional performance of each term and condition to be performed by Company Borrower under the Credit Agreement and other Loan Documents. This Guaranty is a primary obligation of Guarantors and shall be a continuing inexhaustible Guaranty. This is a guaranty of payment and not of collection. Lender may require Guarantors to pay and perform their liabilities and obligations under this Guaranty and may proceed immediately against Guarantors without being required to bring any proceeding or take any action against Company Borrower or any other Person prior thereto; the liability of Guarantors hereunder being independent of and separate from the liability of CompanyBorrower, any other guarantor, any other Person, and the availability of other collateral Collateral security for the Loan and the other Loan Documents.

Appears in 2 contracts

Samples: Security Agreement (Drone USA Inc.), Guaranty Agreement (Sack Lunch Productions Inc.)

Obligations Guaranteed. Guarantors, jointly Guarantor hereby guarantees and severally, hereby guarantee and become becomes surety to Lender for the full, prompt and unconditional payment of the Obligations, when and as the same shall become due, whether at the stated maturity date, by acceleration or otherwise, and the full, prompt and unconditional performance of each term and condition to be performed by Company Borrower under the Credit Agreement and other Loan Documents. This Guaranty is a primary obligation of Guarantors the Guarantor and shall be a continuing inexhaustible Guaranty. This is a guaranty of payment and not of collection. Lender may require Guarantors Guarantor to pay and perform their liabilities and obligations under this Guaranty and may proceed immediately against Guarantors the Guarantor without being required to bring any proceeding or take any action against Company Borrower or any other Person prior thereto; the liability of Guarantors Guarantor hereunder being independent of and separate from the liability of CompanyBorrower, any other guarantor, any other Person, and the availability of other collateral Collateral security for the Loan and the other Loan Documents.

Appears in 1 contract

Samples: Guaranty Agreement (SRAX, Inc.)

Obligations Guaranteed. Guarantors, jointly Guarantor hereby guarantees and severally, hereby guarantee and become becomes surety to Lender for the full, prompt and unconditional payment of the Obligations, when and as the same shall become due, whether at the stated maturity date, by acceleration or otherwise, and the full, prompt and unconditional performance of each term and condition to be performed by Company Borrower under the Credit Agreement and other Loan Documents. This Guaranty is a primary obligation of Guarantors Guarantor and shall be a continuing inexhaustible Guaranty. This is a guaranty of payment and not of collection. Lender may require Guarantors Guarantor to pay and perform their its liabilities and obligations under this Guaranty and may proceed immediately against Guarantors Guarantor without being required to bring any proceeding or take any action against Company Borrower or any other Person prior thereto; the liability of Guarantors Guarantor hereunder being independent of and separate from the liability of CompanyBorrower, any other guarantor, any other Person, and the availability of other collateral security for the Loan and the other Loan Documents.

Appears in 1 contract

Samples: Guaranty Agreement (Mint Leasing Inc)

Obligations Guaranteed. Guarantors, jointly and severally, The Guarantors hereby guarantee and become surety sureties to Lender Buyer for the full, prompt and unconditional payment and performance of the Obligations, when and as the same shall become due, whether at the stated maturity date, by acceleration or otherwise, and the full, prompt and unconditional performance of each term and condition to be performed by Company under the Credit Agreement Debentures and the other Loan Transaction Documents. This Guaranty is a primary obligation of the Guarantors and shall be a continuing inexhaustible Guaranty. This is a guaranty of payment and not of collection. Lender Buyer may require the Guarantors to pay and perform their liabilities and obligations under this Guaranty and may proceed immediately against the Guarantors without being required to bring any proceeding or take any action against Company or any other Person prior thereto; the liability of the Guarantors hereunder being independent of and separate from the liability of Company, any other guarantor, any other Person, and the availability of other collateral security for the Loan Debentures and the other Loan Transaction Documents.

Appears in 1 contract

Samples: Guaranty Agreement (Inventergy Global, Inc.)

Obligations Guaranteed. GuarantorsEach Guarantor hereby, jointly and severally, hereby guarantee guarantees and become becomes surety to Lender Buyer for the full, prompt and unconditional payment and performance of the Obligations, when and as the same shall become due, whether at the stated maturity date, by acceleration or otherwise, and the full, prompt and unconditional performance of each term and condition to be performed by Company under the Credit Agreement Debentures and the other Loan Transaction Documents. This Guaranty is a primary obligation of Guarantors each Guarantor and shall be a continuing inexhaustible Guaranty. This is a guaranty of payment and not of collection. Lender Buyer may require Guarantors a Guarantor to pay and perform their its liabilities and obligations under this Guaranty and may proceed immediately against Guarantors such Guarantor without being required to bring any proceeding or take any action against Company or any other Person prior thereto; the liability of Guarantors each Guarantor hereunder being independent of and separate from the liability of Company, any other guarantor, any other Person, and the availability of other collateral security for the Loan Debentures and the other Loan Transaction Documents.

Appears in 1 contract

Samples: Guaranty Agreement (Pacific Ventures Group, Inc.)

Obligations Guaranteed. GuarantorsEach Guarantor hereby, jointly and severally, hereby guarantee guarantees and become becomes surety to Lender each Buyer for the full, prompt and unconditional payment and performance of the Obligations, when and as the same shall become due, whether at the stated maturity date, by acceleration or otherwise, and the full, prompt and unconditional performance of each term and condition to be performed by Company under the Credit Agreement Debentures and the other Loan Transaction Documents. This Guaranty is a primary obligation of Guarantors each Guarantor and shall be a continuing inexhaustible Guaranty. This is a guaranty of payment and not of collection. Lender Each Buyer may require Guarantors a Guarantor to pay and perform their its liabilities and obligations under this Guaranty and may proceed immediately against Guarantors such Guarantor without being required to bring any proceeding or take any action against Company or any other Person prior thereto; the liability of Guarantors each Guarantor hereunder being independent of and separate from the liability of Company, any other guarantor, any other Person, and the availability of other collateral security for the Loan Debentures and the other Loan Transaction Documents.

Appears in 1 contract

Samples: Guaranty Agreement (LifeMD, Inc.)

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Obligations Guaranteed. Guarantors, The Guarantors hereby jointly and severally, hereby severally guarantee and become becomes surety to Lender Buyer for the full, prompt and unconditional payment and performance of the Obligations, when and as the same shall become due, whether at the stated maturity date, by acceleration or otherwise, and the full, prompt and unconditional performance of each term and condition to be performed by Company under the Credit Agreement Note and the other Loan DocumentsTransaction Agreements. This Guaranty is a primary obligation of Guarantors and shall be a continuing inexhaustible Guaranty. This is a guaranty of payment and not of collection. Lender Buyer may require Guarantors to pay and perform their its liabilities and obligations under this Guaranty and may proceed immediately against Guarantors (individually or together) without being required to bring any proceeding or take any action against Company or any other Person prior thereto; the liability of Guarantors hereunder being independent of and separate from the liability of Company, any other guarantor, any other Person, and the availability of other collateral security for the Loan Note and the other Loan DocumentsTransaction Agreements.

Appears in 1 contract

Samples: Guaranty Agreement (Jupiter Wellness, Inc.)

Obligations Guaranteed. Guarantors, jointly Guarantor hereby guarantees and severally, hereby guarantee and become becomes surety to Lender for the full, prompt and unconditional payment of the Obligations, when and as the same shall become due, whether at the stated maturity date, by acceleration or otherwise, and the full, prompt and unconditional performance of each term and condition to be performed by Company Borrower under the Credit Agreement and other Loan Documents. This Guaranty is a primary obligation of Guarantors Guarantor and shall be a continuing inexhaustible Guaranty. This is a guaranty of payment and not of collection. Lender may require Guarantors Guarantor to pay and perform their liabilities and obligations under this Guaranty and may proceed immediately against Guarantors Guarantor without being required to bring any proceeding or take any action against Company Borrower or any other Person prior thereto; the liability of Guarantors Guarantor hereunder being independent of and separate from the liability of CompanyBorrower, any other guarantor, any other Person, and the availability of other collateral Collateral security for the Loan and the other Loan Documents.

Appears in 1 contract

Samples: Guaranty Agreement (Mint Leasing Inc)

Obligations Guaranteed. Guarantors, jointly Guarantor hereby guarantees and severally, hereby guarantee and become becomes surety to Lender Buyer for the full, prompt and unconditional payment and performance of the Obligations, when and as the same shall become due, whether at the stated maturity date, by acceleration or otherwise, and the full, prompt and unconditional performance of each term and condition to be performed by Company under the Credit Agreement Note and the other Loan DocumentsTransaction Agreements. This Guaranty is a primary obligation of Guarantors Guarantor and shall be a continuing inexhaustible Guaranty. This is a guaranty of payment and not of collection. Lender Buyer may require Guarantors Guarantor to pay and perform their its liabilities and obligations under this Guaranty and may proceed immediately against Guarantors Guarantor without being required to bring any proceeding or take any action against Company or any other Person prior thereto; the liability of Guarantors Guarantor hereunder being independent of and separate from the liability of Company, any other guarantor, any other Person, and the availability of other collateral security for the Loan Note and the other Loan DocumentsTransaction Agreements.

Appears in 1 contract

Samples: Guaranty Agreement (Jupiter Wellness, Inc.)

Obligations Guaranteed. Guarantors, jointly and severally, Guarantors hereby guarantee guaranty and become surety to Lender Buyer for the full, prompt and unconditional payment and performance of the Obligations, when and as the same shall become due, whether at the stated maturity date, by acceleration or otherwise, and the full, prompt and unconditional performance of each term and condition to be performed by Company under the Credit Agreement Debentures and the other Loan Transaction Documents. This Guaranty is a primary obligation of Guarantors and shall be a continuing inexhaustible Guaranty. This is a guaranty of payment and not of collection. Lender Buyer may require Guarantors to pay and perform their its liabilities and obligations under this Guaranty and may proceed immediately against Guarantors without being required to bring any proceeding or take any action against Company or any other Person prior thereto; the liability of Guarantors hereunder being independent of and separate from the liability of Company, any other guarantorGuarantors, any other Person, and the availability of other collateral security for the Loan Debentures and the other Loan Transaction Documents.

Appears in 1 contract

Samples: Guaranty Agreement (Fat Brands, Inc)

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