Acceleration of Guaranty. Subject to the proviso of Section 2.1, each Guarantor agrees that, in the event of the occurrence and continuance of an Event of Default and the acceleration of the Obligations in accordance with the terms of the Credit Agreement, each Guarantor will pay to the Agent and the Lenders forthwith the full amount of the Obligations.
Appears in 3 contracts
Samples: Credit Agreement (Georgia Pacific Corp), Credit Agreement (Georgia Pacific Corp), Subsidiary Guaranty (Georgia Pacific Corp)
Acceleration of Guaranty. Subject to the proviso of Section 2.1, each ------------------------ ----------- Guarantor agrees that, in the event of the occurrence and continuance of an Event of Default including, without limitation, pursuant to Section 9.01(f)(ii) ------------------- or 9.01(g) of the Credit Agreement, and the acceleration of the Obligations in ------- accordance with the terms of the Credit Agreement, each Guarantor will pay to the Agent and the Lenders forthwith the full amount of the Obligations.
Appears in 2 contracts
Samples: Credit Agreement (Georgia Pacific Corp), Credit Agreement (Georgia Pacific Corp)
Acceleration of Guaranty. Subject to the proviso of Section 2.1, each Guarantor agrees that, in the event of the occurrence and continuance of an Event of Default and the acceleration of the Obligations in accordance with the terms of the Credit Agreement, each Guarantor will pay to the Agent and the Lenders forthwith the full amount of the Obligations.
Appears in 2 contracts
Samples: Credit Agreement (Georgia Pacific Corp), Parent Guaranty (Georgia Pacific Corp)
Acceleration of Guaranty. Subject to the proviso of Section 2.1, each ------------------------ Guarantor agrees that, in the event of the occurrence and continuance of an Event of Default including, without limitation, pursuant to Section 9.01(f)(ii) or 9.01(g) of the Credit Agreement, and the acceleration of the Obligations in accordance with the terms of the Credit Agreement, each Guarantor will pay to the Agent and the Lenders forthwith the full amount of the Obligations.
Appears in 1 contract
Acceleration of Guaranty. Subject to the proviso of Section 2.1, each Guarantor agrees that, in the event of the occurrence and continuance of an Event of Default including, without limitation, pursuant to Section 9.01(f)(ii) or 9.01(g) of the Credit Agreement, and the acceleration of the Obligations in accordance with the terms of the Credit Agreement, each Guarantor will pay to the Administrative Agent and the Lenders forthwith the full amount of the Obligations.
Appears in 1 contract
Acceleration of Guaranty. Subject to the proviso of Section 2.1, each ------------------------ ----------- Guarantor agrees that, in the event of the occurrence and continuance of an Event of Default including, without limitation, pursuant to Section 9.01(f)(ii) ------------------- or 9.01(g) of the Credit Agreement, and the acceleration of the Obligations in ---------- accordance with the terms of the Credit Agreement, each Guarantor will pay to the Agent and the Lenders forthwith the full amount of the Obligations.
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