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Continuing Guaranty
Continuing Guaranty contract clause examples

Guaranty. The hereby absolutely and unconditionally guarantees to the Administrative Agent, for the benefit of the Administrative Agent and the , as a guaranty of payment and not merely as a guaranty of collection, prompt payment when due, whether at stated maturity, by required prepayment, upon acceleration, demand or otherwise of any and all Obligations (as defined in that certain Amended and Restated Revolving Credit Agreement, dated as of November 26, 2018, among the , the Designated Borrower, the from time to time party thereto, [[Administrative Agent:Organization]], as Administrative Agent, L/C Issuer and Swing Line Lender, and the other L/C Issuers party thereto (the “Credit Agreement”)) of SA (the “ SA Obligations”). All capitalized terms used herein without definition shall have the meaning ascribed to such terms in the Credit Agreement. The Administrative Agent’s and ’ books and records showing the amount of the SA Obligations shall be admissible in evidence in any action or proceeding, and, absent demonstrable error, shall be prima facie evidence for the purpose of establishing the amount of the SA Obligations. To the extent permitted by law, this Amended and Restated Continuing Guaranty (the “Guaranty”) shall not be affected by the validity, regularity or enforceability of the SA Obligations against the Designated Borrower or any instrument or agreement evidencing any SA Obligations, or by the existence, validity, enforceability, perfection, non-perfection or extent of any collateral therefor, or by any fact or circumstance relating to the SA Obligations which might otherwise constitute a defense to the obligations of the under this Guaranty (other than a defense of payment or performance), and, to the extent permitted by law, the hereby irrevocably waives any defenses it may now have or hereafter acquire in any way relating to any or all of the foregoing (other than a defense of payment or performance).

Guaranty. The hereby absolutely and unconditionally guarantees to the Administrative Agent, for the benefit of the Administrative Agent and the , as a guaranty of payment and not merely as a guaranty of collection, prompt payment when due, whether at stated maturity, by required prepayment, upon acceleration, demand or otherwise of any and all Obligations as defined in that certain Amended and Restated Revolving Credit Agreement, dated as of November 26, 2018, among the Borrowers, the from time to time party thereto, [[Administrative Agent:Organization]], as Administrative Agent, L/C Issuer and Swing Line Lender, and the other L/C Issuers party thereto (the “Credit Agreement”). All capitalized terms used herein without definition shall have the meaning ascribed to such terms in the Credit Agreement. The Administrative Agent’s and ’ books and records showing the amount of the Obligations shall be admissible in evidence in any action or proceeding, and, absent demonstrable error, shall be prima facie evidence for the purpose of establishing the amount of the Obligations. To the extent permitted by law, this [Amended and Restated]Continuing Guaranty (the “Guaranty”) shall not be affected by the validity, regularity or enforceability of the Obligations against any Borrower or any instrument or agreement evidencing any Obligations, or by the existence, validity, enforceability, perfection, non-perfection or extent of any collateral therefor, or by any fact or circumstance relating to the Obligations which might otherwise constitute a defense to the obligations of the under this Guaranty (other than a defense of payment or performance), and, to the extent permitted by law, the hereby irrevocably waives any defenses it may now have or hereafter acquire in any way relating to any or all of the foregoing (other than a defense of payment or performance).

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