Common use of Payment by Guarantor Clause in Contracts

Payment by Guarantor. If all or any part of the Guaranteed Obligations shall not be punctually paid or performed when due, whether at demand, maturity, acceleration or otherwise, Guarantor shall, immediately upon demand by Lender and without presentment, protest, notice of protest, notice of non-payment, notice of intention to accelerate the maturity, notice of acceleration of the maturity or any other notice whatsoever other than notice to Guarantor of the Guaranteed Obligations payable by Guarantor, pay in lawful money of the United States of America, the amount due thereon to Lender. Amounts not paid when due hereunder shall accrue interest at the Default Rate, unless such amounts already include interest at the Default Rate pursuant to the terms of the other Loan Documents. Such demands may be made at any time coincident with or after the time for payment of all or any part of the Guaranteed Obligations and may be made from time to time with respect to the same or different Guaranteed Obligations.

Appears in 4 contracts

Samples: Guaranty (New York REIT, Inc.), Guaranty (New York REIT, Inc.), Guaranty (New York REIT, Inc.)

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Payment by Guarantor. If all or any part of the Guaranteed Obligations shall not be punctually paid or performed when due, whether at demand, maturity, acceleration demand or otherwise, Guarantor shallshall promptly, immediately upon written demand (made in accordance with Section 5.14), but in any event within 5 Business Days from the date such demand is made by Lender and without presentment, protest, notice of protest, notice of non-payment, notice of intention to accelerate the maturity, notice of acceleration of the maturity or any other notice whatsoever other than notice to Guarantor of the Guaranteed Obligations payable by Guarantorwhatsoever, pay in lawful money of the United States of America, the amount due thereon to Lender. Amounts not paid when due hereunder shall accrue interest at the Default Rate, unless such amounts already include interest at the Default Rate pursuant to the terms of the other Loan Documents. Such demands may be made at any time coincident with or after the time for payment of all or any part of the Guaranteed Obligations and may be made from time to time with respect to the same or different Guaranteed Obligations.

Appears in 3 contracts

Samples: Pledge and Security Agreement (KBS Real Estate Investment Trust, Inc.), Pledge and Security Agreement (Gramercy Capital Corp), Guaranty (KBS Real Estate Investment Trust, Inc.)

Payment by Guarantor. If To the extent Guarantor is obligated or required under this Guaranty to make such payment, if all or any part of the Guaranteed Obligations Obligations, as limited by Section 1.2, shall not be punctually paid or performed when due, whether at demand, maturity, maturity or earlier by acceleration or otherwise, Guarantor shall, immediately upon within ten (10) business days of written demand by Lender Lender, and without presentment, protest, notice of protest, notice of non-payment, notice of intention to accelerate the maturity, notice of acceleration of the maturity maturity, or any other notice whatsoever other than notice to Guarantor of the Guaranteed Obligations payable by Guarantorwhatsoever, pay in lawful money of the United States of America, the amount due thereon on the Guaranteed Obligations to Lender at Lender. Amounts not paid when due hereunder shall accrue interest at the Default Rate, unless such amounts already include interest at the Default Rate pursuant to the terms of the other Loan Documents’s address as set forth herein. Such demands demand(s) may be made at any time coincident with or after the time for payment of all or any part of the Guaranteed Obligations Obligations, and may be made from time to time with respect to the same or different items of Guaranteed Obligations. Such demand shall be deemed made, given and received in accordance with the notice provisions hereof.

Appears in 3 contracts

Samples: Release (Moody National REIT I, Inc.), Moody National REIT I, Inc., Moody National REIT I, Inc.

Payment by Guarantor. If all or any part of the Guaranteed Obligations shall not be punctually paid or performed when due, whether at demand, maturity, acceleration or otherwise, Guarantor shallshall promptly, immediately upon written demand (made in accordance with Section 5.14), but in any event within 5 Business Days from the date such demand is made by Lender and without presentment, protest, notice of protest, notice of non-payment, notice of intention to accelerate the maturity, notice of acceleration of the maturity or any other notice whatsoever other than notice to Guarantor of the Guaranteed Obligations payable by Guarantorwhatsoever, pay in lawful money of the United States of America, the amount due thereon to Lender. Amounts not paid when due hereunder shall accrue interest at the Default Rate, unless such amounts already include interest at the Default Rate pursuant to the terms of the other Loan Documents. Such demands may be made at any time coincident with or after the time for payment of all or any part of the Guaranteed Obligations and may be made from time to time with respect to the same or different Guaranteed Obligations.

Appears in 2 contracts

Samples: Guaranty (KBS Real Estate Investment Trust, Inc.), Limited Guaranty (KBS Real Estate Investment Trust, Inc.)

Payment by Guarantor. If all or any part of the Guaranteed Obligations shall not be punctually paid or performed when due, whether at demand, maturity, acceleration or otherwise, Guarantor shall, immediately upon demand by Lender and and, other than as expressly provided in the Loan Documents, without presentment, protest, notice of protest, notice of non-payment, notice of intention to accelerate the maturity, notice of acceleration of the maturity or any other notice whatsoever other than notice to Guarantor of the Guaranteed Obligations payable whatsoever, all such notices being hereby waived by Guarantor, pay in lawful money of the United States of America, the amount due thereon on the Guaranteed Obligations to Lender at Lender. Amounts not paid when due hereunder shall accrue interest at the Default Rate, unless such amounts already include interest at the Default Rate pursuant to the terms of the other Loan Documents’s address as set forth herein. Such demands demand(s) may be made at any time coincident with or after the time for payment of all or any part of the Guaranteed Obligations and may be made from time to time with respect to the same or different items of Guaranteed Obligations. Such demand shall be deemed made, given and received in accordance with the notice provisions hereof.

Appears in 2 contracts

Samples: Loan Agreement (Alexanders Inc), Alexanders Inc

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Payment by Guarantor. If all or any part of the Guaranteed Obligations shall not be punctually paid or performed when due, whether at demand, maturity, acceleration or otherwise, Guarantor Guarantors shall, immediately upon demand by Lender Lender, and without presentment, protest, notice of protest, notice of non-payment, notice of intention to accelerate the maturity, notice of acceleration of the maturity maturity, or any other notice whatsoever other than notice to Guarantor (except for notices expressly provided for in this Guaranty or in any of the Guaranteed Obligations payable other Loan Documents, which shall not be waived), all such notices being hereby waived by Guarantor, Guarantors pay in lawful money of the United States of America, the amount due thereon on the Guaranteed Obligations to Lender at Lender. Amounts not paid when due hereunder shall accrue interest at the Default Rate, unless such amounts already include interest at the Default Rate pursuant to the terms of the other Loan Documents’s address as set forth herein. Such demands demand(s) may be made at any time coincident with or after the time for payment of all or any part of the Guaranteed Obligations Obligations, and may be made from time to time with respect to the same or different items of Guaranteed Obligations. Such demand shall be deemed made, given and received in accordance with the notice provisions hereof.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Hudson Pacific Properties, Inc.)

Payment by Guarantor. If all or any part of the Guaranteed Obligations shall not be punctually paid or performed when duedue (after any applicable grace periods), whether at upon demand, maturity, acceleration or otherwise, Guarantor shall, immediately upon promptly but in no event later than ten (10) Business Days after demand therefor by Lender Lender, and without presentment, protest, notice of protest, notice of non-payment, notice of intention to accelerate the maturity, notice of acceleration of the maturity maturity, or any other notice whatsoever other than notice to Guarantor of the Guaranteed Obligations payable by Guarantorwhatsoever, pay in lawful money of the United States of America, the amount due thereon on the Guaranteed Obligations to Lender at Lender. Amounts not paid when due hereunder shall accrue interest at the Default Rate, unless such amounts already include interest at the Default Rate pursuant to the terms of the other Loan Documents's address as set forth herein. Such demands demand(s) may be made at any time coincident with or after the time for payment of all or any part of the Guaranteed Obligations Obligations, and may be made from time to time with respect to the same or different items of Guaranteed Obligations. Such demand shall be deemed made, given and received if given in accordance with the notice provisions hereof.

Appears in 1 contract

Samples: Guaranty Agreement (Hcp, Inc.)

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