Common use of Acceleration of Guaranty Clause in Contracts

Acceleration of Guaranty. Each Guarantor agrees that, in the event of the occurrence of any event of the type described in Section 8.01(f) of the Credit Agreement, with respect to the Borrowers, any other Obligor or any other Guarantor, and if such event shall occur at a time when any of the Obligations may not then be due and payable, such Guarantor will pay to the Lenders forthwith the full amount which would be payable hereunder by such Guarantor if all such Obligations were then due and payable.

Appears in 4 contracts

Samples: Guaranty (PostRock Energy Corp), Guaranty (PostRock Energy Corp), Guaranty (PostRock Energy Corp)

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Acceleration of Guaranty. Each Guarantor agrees that, in the event of the occurrence of any event of the type described in Section 8.01(f) of the Credit Agreement, with respect to the Borrowers, any other Obligor or any other Guarantorguarantor, and if such event shall occur at a time when any of the Obligations may not then be due and payable, such Guarantor will pay to the Lenders forthwith the full amount which would be payable hereunder by such Guarantor if all such Obligations were then due and payable.

Appears in 3 contracts

Samples: Guaranty (PostRock Energy Corp), Guaranty (PostRock Energy Corp), Guaranty (PostRock Energy Corp)

Acceleration of Guaranty. Each Guarantor agrees that, in the event of the occurrence of any event of the type described in Section 8.01(f) of the Credit Agreement, with respect to the Borrowers, any other Obligor or any other Guarantorguarantor, and if such event shall occur at a time when any of the Obligations may not then be due and payable, such Guarantor will pay to the Lenders forthwith the full amount which would be payable hereunder by such Guarantor if all such Obligations were then due and payable.

Appears in 2 contracts

Samples: Guaranty (PostRock Energy Corp), Guaranty (PostRock Energy Corp)

Acceleration of Guaranty. Each The Guarantor agrees that, in the event of the occurrence of any event of the type described in Section 8.01(f) or Section 8.01(g) of the Credit Agreement, with respect to the BorrowersBorrower, any other Obligor or any other the Guarantor, and if such event shall occur at a time when any of the Obligations may not then be due and payable, such the Guarantor will pay to the Lenders forthwith the full amount which would be payable hereunder by such the Guarantor if all such Obligations were then due and payable.

Appears in 2 contracts

Samples: Security Agreement (Markwest Hydrocarbon Inc), Security Agreement (Markwest Energy Partners L P)

Acceleration of Guaranty. Each Guarantor agrees that, in the event of the occurrence of any event of the type described in Section 8.01(f) of the Credit Agreement, with respect to the BorrowersBorrower, any other Obligor or any other the Guarantor, and if such event shall occur at a time when any of the Obligations may not then be due and payable, such the Guarantor will pay to the Lenders forthwith the full amount which would be payable hereunder by such the Guarantor if all such Obligations were then due and payable.

Appears in 2 contracts

Samples: Guaranty (Quest Resource Corp), Guaranty (Quest Resource Corp)

Acceleration of Guaranty. Each The Guarantor agrees that, in the event of the occurrence of any event of the type described in Section 8.01(f) or Section 8.01(g) of the Second Amended and Restated Credit Agreement, with respect to the BorrowersBorrower, any other Obligor or any other the Guarantor, and if such event shall occur at a time when any of the Obligations may not then be due and payable, such the Guarantor will pay to the Lenders forthwith the full amount which would be payable hereunder by such the Guarantor if all such Obligations were then due and payable.

Appears in 2 contracts

Samples: Security Agreement (Markwest Energy Partners L P), Security Agreement (Markwest Hydrocarbon Inc)

Acceleration of Guaranty. Each Guarantor agrees that, in the event of the occurrence of any event of the type described in Section 8.01(f) or Section 8.01(g) of the Second Amended and Restated Credit Agreement, with respect to the BorrowersBorrower, any other Obligor or any other Guarantor, and if such event shall occur at a time when any of the Obligations may not then be due and payable, such Guarantor will pay to the Lenders forthwith the full amount which would be payable hereunder by such Guarantor if all such Obligations were then due and payable.

Appears in 2 contracts

Samples: Security Agreement (Markwest Hydrocarbon Inc), Security Agreement (Markwest Energy Partners L P)

Acceleration of Guaranty. Each Guarantor agrees that, in the event of the occurrence of any event of the type described in Section 8.01(f) of the Credit Agreement, with respect to the BorrowersBorrower, any other Obligor or any other Guarantor, and if such event shall occur at a time when any of the Obligations may not then be due and payable, such Guarantor will pay to the Lenders forthwith the full amount which would be payable hereunder by such Guarantor if all such Obligations were then due and payable.

Appears in 1 contract

Samples: Guaranty (Quest Resource Corp)

Acceleration of Guaranty. Each The Guarantor agrees that, in the event of the occurrence any Event of any event of the type Default described in Section 8.01(f) 8.1.9 of the Credit Agreement, with respect to the Borrowers, any other Obligor or any other Guarantor, and if such event shall occur at a time when any of the Obligations of the Borrower and each other Obligor may not then be due and payable, such the Guarantor agrees that it will pay to the Lenders forthwith the full amount which would be payable hereunder by such the Guarantor if all such Obligations were then due and payable.

Appears in 1 contract

Samples: Prosource Inc

Acceleration of Guaranty. Each Guarantor agrees that, in the event of the occurrence of any event of the type described in Section 8.01(f) of the Credit Agreement, with respect to the Borrowers, any other Obligor or any other Guarantor, and if such event shall occur at a time when any of the Obligations may not then be due and payable, such Guarantor will pay to the Lenders forthwith the full amount which would be payable hereunder by such Guarantor if all such Obligations were then due and payable.

Appears in 1 contract

Samples: Guaranty (Quest Resource Corp)

Acceleration of Guaranty. Each Guarantor jointly and severally agrees that, in the event of that upon the occurrence of any event Event of Default of the type described set forth in Section 8.01(f) of the Credit Agreement, 8.1.9 with respect regard to the Borrowers, any other Obligor or any other Guarantor, and if such event shall occur Borrower at a time when any of the Obligations of the Borrower may not then be due and payable, such each Guarantor will pay to the Lenders forthwith the full amount which would be payable hereunder by such Guarantor if all such Obligations were then due and payable.

Appears in 1 contract

Samples: Credit Agreement (Moore Corporation LTD)

Acceleration of Guaranty. Each Guarantor agrees that, in the event of the occurrence of any event of the type described in Section 8.01(f) of the Credit Agreement, with respect to the Borrowers, any other Obligor or any other Guarantorguarantor, and if such event shall occur at a time when any of the Obligations may not then be due and payable, such Guarantor will pay to the Lenders forthwith the full amount which would be payable hereunder by such Guarantor if all such Obligations were then due and payable.. PEC Guaranty of Borrowing Base Facility

Appears in 1 contract

Samples: PostRock Energy Corp

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Acceleration of Guaranty. Each Guarantor agrees that, in the event of the occurrence of any event Default of the type described nature set forth in clauses (i) through (iv) of Section 8.01(f9.1(f) of the Credit Agreement, with respect to the Borrowers, any other Obligor or any other Guarantor, and if such event shall occur at a time when any of the Obligations of the Borrower and each other Obligor may not then be due and payable, such Guarantor will pay to the Lenders Administrative Agent, for the benefit of the Secured Parties, forthwith the full amount which that would be payable hereunder by such Guarantor if all such Obligations were then due and payable.

Appears in 1 contract

Samples: Revolving Credit Agreement (Mips Technologies Inc)

Acceleration of Guaranty. Each Guarantor agrees that, in the event of the occurrence of any event of the type Event Default described in Section 8.01(f) 8.1.9 of the Credit Agreement, with respect to the Borrowers, any other Obligor or any other Guarantor, Agreement and if such event shall occur at a time when any of the Obligations of the Borrower and each other Obligor may not then be due and payable, such each Guarantor jointly and severally agrees that it will pay to the Lenders forthwith the full amount which would be payable hereunder by such Guarantor if all such Obligations were then due and payable.

Appears in 1 contract

Samples: Subsidiary Guaranty (Prosource Inc)

Acceleration of Guaranty. Each The Guarantor agrees that, in the event of the occurrence of any event Event of Default of the type described in Section 8.01(f) or Section 8.01(g) of the Credit Agreement, with respect to the BorrowersBorrower, any other Obligor or any other the Guarantor, and if such event shall occur at a time when any of the Obligations may not then be due and payable, such the Guarantor will pay to the Lenders forthwith the full amount which would be payable hereunder by such the Guarantor if all such Obligations were then due and payable.

Appears in 1 contract

Samples: Security Agreement (Martin Midstream Partners Lp)

Acceleration of Guaranty. Each Guarantor agrees that, in the event of the occurrence of any event Event of Default of the type described in Section 8.01(f) or Section 8.01(g) of the Credit Agreement, with respect to the BorrowersBorrower, any other Obligor or any other such Guarantor, and if such event shall occur at a time when any of the Obligations may not then be due and payable, such Guarantor will pay to the Lenders forthwith the full amount which would be payable hereunder by such Guarantor if all such Obligations were then due and payable.

Appears in 1 contract

Samples: Security Agreement (Martin Midstream Partners Lp)

Acceleration of Guaranty. Each Guarantor agrees that, in the event of the occurrence of any event Default of the type described nature set forth in clauses (a) through (d) of Section 8.01(f) 8.1.9 of the Credit Agreement, with respect to the Borrowers, any other Obligor or any other Guarantor, and if such event shall occur at a time when any of the Obligations of the Borrower and each other Obligor may not then be due and payable, such Guarantor jointly and severally agrees that it will pay to the Lenders forthwith the full amount which would be payable hereunder by such Guarantor if all such Obligations were then due and payable.

Appears in 1 contract

Samples: Subsidiary Guaranty (Nextel Partners Inc)

Acceleration of Guaranty. Each Guarantor agrees that, in the event of upon the occurrence of any event of the type Default described in any of clauses (a) through (d) of Section 8.01(f) 8.1.9 of the Credit Agreement, with respect to the Borrowers, any other Obligor or any other Guarantor, and if such event shall occur at a time when any of the Obligations of the Borrower and each other Obligor may not then be due and payable, such each Guarantor jointly and severally agrees that it will pay to the Lenders forthwith the full amount which would be payable hereunder by such Guarantor if all such Obligations were then due and payable.

Appears in 1 contract

Samples: Subsidiary Guaranty (United Auto Group Inc)

Acceleration of Guaranty. Each Affiliate Guarantor agrees that, in the event of the occurrence of any event Default of the type described nature set forth in Section 8.01(fclause (a), (b) or (c) of Section 8.1.9 of the Credit Term Loan Agreement, with respect to the Borrowers, any other Obligor or any other Guarantor, and if such event shall occur at a time when any of the Guaranteed Obligations may not then be due and payable, such Affiliate Guarantor will pay to the Lenders forthwith the full amount which would be payable hereunder by such Affiliate Guarantor if all such Guaranteed Obligations were then due and payable.

Appears in 1 contract

Samples: Pci Carolina Inc

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