Guaranty and Indemnity. The Parent irrevocably and unconditionally:
Guaranty and Indemnity. USTB hereby irrevocably and unconditionally guarantees to Coventry the full performance of all of the financial obligations of under the provisions of the Advisory Contract hereby assumed by Boston Trust. USTB agrees to indemnify, defend and hold Coventry harmless from and against any and all loss, cost, damage or expense (including reasonable fees of counsel) whatsoever resulting from or arising out of any breach by Boston Trust of any obligation of the Advisory Contract hereby assumed by Boston Trust. USTB hereby waives any requirement that Coventry exhaust any right or remedy or proceed or take any action against Boston Trust or any other person or entity before exercising any right or remedy against USTB under this Agreement. The obligations of USTB hereunder are absolute and unconditional. USTB's guaranty and indemnity shall be a continuing guaranty and indemnity and shall continue in force and effect until all of the obligations hereby assumed by Boston Trust shall have been satisfied in full.
Guaranty and Indemnity. Each Guarantor irrevocably and unconditionally, jointly and severally:
Guaranty and Indemnity. The Guaranty, duly executed by each Mortgagor; and the Indemnity, duly executed by Borrower and the applicable Mortgagor;
Guaranty and Indemnity. INTRUST Bank hereby irrevocably and unconditionally guarantees to INTRUST Funds the full performance of all of the obligations of INTRUST Financial under the provisions of the Advisory Contract hereby assumed by INTRUST Financial. INTRUST Bank agrees to indemnify, defend and hold harmless the INTRUST Funds from and against any and all loss, cost, damage or expense (including reasonable fees of counsel) whatsoever resulting from or arising out of any breach by INTRUST Financial of any obligation of the Advisory Contract hereby assumed by INTRUST Financial. INTRUST Bank hereby waives any requirement that INTRUST Funds exhaust any right or remedy or proceed or take any action against INTRUST Financial or any other person or entity before exercising any right or remedy against INTRUST Bank under this Agreement. The obligations of INTRUST Bank hereunder are absolute and unconditional. INTRUST Bank's guaranty and indemnity shall be a continuing guaranty and indemnity and shall continue in full force and effect until all of the obligations hereby assumed by INTRUST Financial shall have been satisfied in full.
Guaranty and Indemnity. Centura Bank hereby irrevocably and unconditionally guarantees to Centura Funds the full performance of all of the obligations of Glenwood under the provisions of the Advisory Contract hereby assumed by Glenwood. Centura Bank agrees to indemnify, defend and hold harmless the Centura Funds from and against any and all loss, cost, damage or expense (including reasonable fees of counsel) whatsoever resulting from or arising out of any breach by Glenwood of any obligation of the Advisory Contract hereby assumed by Glenwood. Centura Bank hereby waives any requirement that Centura Funds exhaust any right or remedy or proceed or take any action against Glenwood or any other person or entity before exercising any right or remedy against Centura Bank under this Agreement.
Guaranty and Indemnity. This GUARANTY (the "Guaranty") is made as of the 9th day of February, 1996 by IHC Caland N.V., a Dutch corporation (the "Guarantor") to Tantawan Services , L L C, a Delaware limited liability company ("Charterer").
Guaranty and Indemnity. The Guarantor unconditionally guarantees to pay any or all outstanding amounts (existing or subsequent amounts) due and payable or to be due and payable by the Principal Debtor under Such Agreements (including any modification or supplement made thereto from time to time as well as any deal confirmation or similar confirmation documents made on reliance of the Main Agreement), with or without other guaranty, that become due as a result of maturity or accelerated repayment or any other reasons. The debt shall include but not limited to principal, interest, charge, default interest, penalty, cost, expenditure, compensation, payment, expense, and any expense or other payment obligations arising from the enforcement by the Guarantee of the rights prescribed hereunder or strict performance of any terms or clauses hereof (all aforesaid obligations are herein referred to as the “Debt”). In the event the Principal Debtor fails to pay full amount of any Debt (at the prescribed due date or any other due date agreed as a result of accelerated repayment or any other reasons), the Guarantor shall, at the request of the Guarantee, pay said Debt to the Guarantee on behalf of the Principal Debtor without any delay, as if the Guarantor had become the Principal Debtor in place of the actual Principal Debtor. The Guarantor shall meanwhile pay any interest accrued on such overdue Debt from the due date of payment to the date when the Guarantor fully pays the required amounts under this Letter, at a rate equal to the annual interest rate applicable to such Debt payable by the Principal Debtor from time to time under the Financing Agreement. This Letter is a repayment guarantee instead of a guarantee for debt collection. The due and outstanding amounts of debt and expenses set forth on the vouchers produced by the Guarantee shall be final to the Guarantor. As an independent obligation, the Guarantor agrees that if any debt guaranteed by the Guarantor becomes unenforceable, invalid or illegal (whether such circumstance exists now or whether it has become known or may become known to any Party hereto in the future), the Guarantor shall, as a major obligation of the Guarantor and upon request by the Guarantee, immediately indemnify the Guarantee for any cost, loss or indebtedness incurred as a result of such circumstance. The amount of such cost, loss or indebtedness of the Guarantee shall be equal to the amounts otherwise repayable to the Guarantee.
Guaranty and Indemnity. The Trust Company hereby irrevocably and unconditionally guarantees to the Trust the full performance of all of the obligations under the provisions of the Advisory Agreement hereby assumed by the Adviser, including all financial obligations. The Trust Company agrees to indemnify, defend and hold the Trust harmless from and against any and all loss, cost, damage or expense whatsoever resulting from or arising out of any breach by the Adviser of any obligation under the Advisory Agreement hereby assumed by the Adviser.
Guaranty and Indemnity. 1.1 In order to induce Beneficiary to consent to the Merger and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Guarantor hereby irrevocably and unconditionally guarantees to Beneficiary, as a primary obligor and not as merely a surety, the due, full and punctual observance and performance of all of the terms, conditions and covenants on the part of MMC contained in the Agreements and the payment of each and every sum which from time to time MMC is liable to pay under the Agreements (including interest accruing on or after the filing of any petition in bankruptcy, or the commencement of any insolvency, reorganization or similar proceeding, relating to MMC, whether or not a claim for post-filing or post-petition interest is allowed in such proceeding) and which is not paid on the due date (whether by acceleration or otherwise), and accordingly Guarantor undertakes to pay any such sum immediately on Beneficiary's request.
