Example ContractsClausesguaranty of the secured obligationsVariants
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Guaranty. The Company hereby absolutely, unconditionally and irrevocably guarantees the full and punctual payment (whether at stated maturity, upon acceleration or otherwise) of all obligations of the Borrowing Subsidiaries under this Agreement, including the principal of and interest on each Loan to each Borrowing Subsidiary and all obligations (including payment of costs and expenses as provided for herein) of each Borrowing Subsidiary under or in connection with any Letter of Credit. Upon failure by any Borrowing Subsidiary to pay punctually any such amount, the Company shall forthwith on demand pay the amount not so paid at the place, in the currency and in the manner specified in this Agreement.

Guaranty. The CompanyGuaranty hereby absolutely, unconditionally and irrevocably guarantees the full and punctual payment (whether at stated maturity, upon acceleration or otherwise) of all obligations of the Borrowing Subsidiaries under this Agreement, including the principal of and interest on each Loan made by the Lenders or any Lender to any Subsidiary Borrower and each BorrowingLetter of Credit issued by the L/C Issuer for any Subsidiary Borrower, in each case pursuant to this Agreement; and all obligations (includingthe full and punctual payment of costs and expenses as provided for herein) of each Borrowingall other amounts payable by any Subsidiary Borrower under or in connection with any Letter of Credit.this Agreement. Upon failure by any Borrowing Subsidiary Borrower to pay punctually any such amount, the Company shall forthwith on demand pay the amount not so paid at the place, in the currencyplace and in the manner specified in this Agreement.

SECTION # The Guaranty. The Company hereby absolutely, unconditionallyunconditionally, absolutely and irrevocably guarantees the full and punctual payment (whether at stated maturity, upon acceleration or otherwise) of all obligations of the Borrowing Subsidiaries under this Agreement, including the principal of and interest on each Loan made to and each BorrowingReimbursement Obligation incurred by each Eligible Subsidiary pursuant to this Agreement, and all obligations (includingthe full and punctual payment of costs and expenses as provided for herein) ofall other amounts payable by each BorrowingEligible Subsidiary under or in connection with any Letter of Credit.this Agreement. Upon failure by any BorrowingEligible Subsidiary to pay punctually any such amount, the Company shall forthwith on demand pay the amount not so paid at the place, in the currencyplace and in the manner specified in this Agreement.

Section # The Guaranty. The Company hereby absolutely, unconditionally and irrevocablyabsolutely guarantees the full and punctual payment (whether at stated maturity, upon acceleration or otherwise) of all obligations of the Borrowing Subsidiaries under this Agreement, including the principal of and interest on each Loan made to each Borrowing Subsidiarythe Borrower pursuant to this Agreement, and all obligations (includingthe full and punctual payment of costs and expenses as provided for herein) of each Borrowing Subsidiaryall other amounts payable by the Borrower under or in connection with any Letter of Credit.this Agreement. Upon failure by any Borrowing Subsidiarythe Borrower to pay punctually any such amount, the Company shall forthwith on demand pay the amount not so paid at the place, in the currencyplace and in the manner specified in this Agreement. The Company agrees that this guaranty is a continuing guaranty of payment and performance and not of collection.

Section # Guaranty. TheFor valuable consideration, the receipt of which is hereby acknowledged, and to induce the to make advances to each Borrowing Subsidiary, the Company hereby absolutely,absolutely and unconditionally and irrevocably guarantees the full and punctualprompt payment (whetherwhen due, whether at stated maturity, upon acceleration or otherwise)otherwise, and at all times thereafter, of all obligations of the Borrowing Subsidiaries under this Agreement, including the principal of and interest on each Loan to each Borrowing Subsidiaryany and all obligations (including payment of costsexisting and expenses as provided for herein)future obligations of each Borrowing Subsidiary to the Agent, the and any holder of a Note, or any of them, under or in connection with any Letter of Credit. Upon failure by any Borrowing Subsidiaryrespect to pay punctually any such amount, the Company shall forthwith on demand payLoan Documents, whether for principal, interest, fees, expenses or otherwise (collectively, the amount not so paid at the place, in the currency and in the manner specified in this Agreement.Guaranteed Obligations”).

SECTION # Guaranty. In order to induce the Lenders to make Loans to the applicable , the Company hereby unconditionally guarantees the Borrowing Subsidiary Obligations of all the . The Company hereby absolutely, unconditionally and irrevocably guarantees the full and punctual payment (whether at stated maturity, upon acceleration or otherwise) of all obligations offurther agrees that the Borrowing Subsidiaries under this Agreement, including the principal ofSubsidiary Obligations may be extended and interest on each Loan to each Borrowing Subsidiary and all obligations (including payment of costs and expenses as provided for herein) of each Borrowing Subsidiary underrenewed, in whole or in connection withpart, without notice to or further assent from it, and that it will remain bound upon its agreement hereunder notwithstanding any Letterextension or renewal of Credit. Upon failure by any Borrowing Subsidiary to pay punctually any such amount, the Company shall forthwith on demand pay the amount not so paid at the place, in the currency and in the manner specified in this Agreement.Obligation.

Section # Guaranty. TheFor valuable consideration, the receipt of which is hereby acknowledged, and to induce [[Organization B:Organization]] to make advances to each Borrowing Subsidiary, the Company hereby absolutely,absolutely and unconditionally and irrevocably guarantees the full and punctualprompt payment (whetherwhen due, whether at stated maturity, upon acceleration or otherwise)otherwise, and at all times thereafter, of all obligations of the Borrowing Subsidiaries under this Agreement, including the principal of and interest on each Loan to each Borrowing Subsidiaryany and all obligations (including payment of costsexisting and expenses as provided for herein)future obligations of each Borrowing Subsidiary to the Agent, [[Organization B:Organization]] and any holder of a Note, or any of them, under or in connection with any Letter of Credit. Upon failure by any Borrowing Subsidiaryrespect to pay punctually any such amount, the Company shall forthwith on demand payLoan Documents, whether for principal, interest, fees, expenses or otherwise (collectively, the amount not so paid at the place, in the currency and in the manner specified in this Agreement.“Guaranteed Obligations”).

Section # Guaranty. TheFor valuable consideration, the receipt of which is hereby acknowledged, and to induce [[Organization B:Organization]] to make advances to each Borrowing Subsidiary, the Company hereby absolutely,absolutely and unconditionally and irrevocably guarantees the full and punctualprompt payment (whetherwhen due, whether at stated maturity, upon acceleration or otherwise)otherwise, and at all times thereafter, of all obligations of the Borrowing Subsidiaries under this Agreement, including the principal of and interest on each Loan to each Borrowing Subsidiaryany and all obligations (including payment of costsexisting and expenses as provided for herein)future obligations of each Borrowing Subsidiary to the Agent, [[Organization B:Organization]] and any holder of a Note, or any of them, under or in connection with any Letter of Credit. Upon failure by any Borrowing Subsidiaryrespect to pay punctually any such amount, the Company shall forthwith on demand payLoan Documents, whether for principal, interest, fees, expenses or otherwise (collectively, the amount not so paid at the place, in the currency and in the manner specified in this Agreement.Guaranteed Obligations”).

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