Common use of All Debts Clause in Contracts

All Debts. Except as this Guaranty may otherwise provide, the Guarantor guarantees to Lender the payment and performance of each and every debt, liability and obligation of every type and description which Borrower may now or at any time hereafter owe to Lender (whether such debt, liability or obligation now exists or is hereafter created or incurred, and whether it is or may be direct or indirect, due or to become due, absolute or contingent, primary or secondary, liquidated or unliquidated, or joint, several, or joint and several; all such debts, liabilities and obligations (Indebtedness)). Without limitation, this Guaranty includes the following described debt(s): Exclusions. o Guarantor will be liable for $ of the principal amount of the Indebtedness outstanding at default and for all of the accrued interest, and the expenses of collection, enforcement or protection of Xxxxxx’s rights and remedies under this Guaranty, including reasonable attorneys’ fees. o Guarantor’s liability will not exceed % of the Indebtedness outstanding at default and all of the accrued interest, and the expenses of collection, enforcement or protection of Xxxxxx’s rights and remedies under this Guaranty, including reasonable attorneys’ fees. o Indebtedness Excludes: x the Guaranty is unsecured. o secured by .

Appears in 1 contract

Samples: Guaranty (Broadwind Energy, Inc.)

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All Debts. Except as this Guaranty may otherwise provide, the Guarantor guarantees to Lender the payment and performance of each and every debt, liability and obligation of every type and description which Borrower may now or at any time hereafter owe to Lender (whether such debt, liability or obligation now exists or is hereafter created or incurred, and whether it is or may be direct or indirect, due or to become due, absolute or contingent, primary or secondary, liquidated or unliquidated, or joint, several, or joint and several; all such debts, liabilities and obligations (Indebtedness)). Without limitation, this Guaranty includes the following described debt(s): Exclusions. o Guarantor will be liable for $ of the principal amount of the Indebtedness outstanding at default and for all of the accrued interest, and the expenses of collection, enforcement or protection of XxxxxxLxxxxx’s rights and remedies under this Guaranty, including reasonable attorneys’ fees. o Guarantor’s liability will not exceed % of the Indebtedness outstanding at default and all of the accrued interest, and the expenses of collection, enforcement or protection of XxxxxxLxxxxx’s rights and remedies under this Guaranty, including reasonable attorneys’ fees. o Indebtedness Excludes: x the Guaranty is unsecured. o secured by .

Appears in 1 contract

Samples: Guaranty (Broadwind Energy, Inc.)

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