Agreement to Guarantee. The [[New Guarantor:Organization]] hereby agrees, jointly and severally with all Existing , to unconditionally guarantee the Borrower’s Obligations under the Loan Documents on the terms and subject to the conditions set forth in the Guaranty and to be bound by all applicable provisions of the Credit Agreement and the Notes and to perform all of the obligations and agreements of a Guarantor under the Guaranty. Effective as of the date hereof, the [[New Guarantor:Organization]] hereby becomes a party to the Guaranty as a Guarantor thereunder with the same effect as if the [[New Guarantor:Organization]] were an original signatory to the Guaranty.
The equity pledge is independent of rather than in lieu of any other guarantee, warranty or arrangement that is current between the Pledgee and the Pledgor or established at any time, and shall not influence or be influenced by the latter.
So long as the guarantee obligation and all the obligations and debts under this Agreement are reasonably practical after the performance and fulfillment thereof, the Pledgee shall take all necessary measures to release and realize the Pledged Equity, including but not limited to returning the shareholder qualification certificate for the Pledged Equity and writing off the equity pledge registration with the industrial and commercial bureau.
SECTION # NEGATIVE COVENANTS 4243
The provisions of [Schedule 2] apply.
“Equipment”: as defined in the Guarantee and Collateral Agreement.
“Guarantor”: as defined in the Guarantee and Collateral Agreement.
“Inventory”: as defined in the Guarantee and Collateral Agreement.
“Collateral and Guarantee Requirement” shall mean the requirement that:
Section # Collateral Matters.
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