Examples of Guaranteed in a sentence
The provisions of this Section will survive any revocation, termination, cancellation or discharge of this Guaranty or of any of the Guaranteed Obligations.
Xxxxxxxxx further agrees with respect to this Guaranty that it will have no right of subrogation, reimbursement, contribution, or indemnity, nor any right of recourse to security for the Guaranteed Obligations until the Guaranteed Obligations have been Paid in Full.
This is an absolute, primary, and continuing obligation and will remain in full force and effect until the first to occur of the following: (i) the Guaranteed Obligations have been Paid in Full, and Bank has terminated this Guaranty; or (ii) 30 days after the date on which written notice of revocation is actually received by Bank.
The proceeds of the Revolving Loan shall be used by Borrowers for working capital and other general corporate purposes of Borrowers, which shall include payment of the Guaranteed Consideration.
No delay or omission to exercise any right, remedy or power accruing upon any Event of Default or default, omission or failure of performance hereunder or under any of the Guaranteed Obligations will impair any such right, remedy or power or will be construed to be a waiver thereof or an acquiescence therein, nor will it affect any subsequent Event of Default or default of the same or a different nature.