Common use of Breach of Guaranty Clause in Contracts

Breach of Guaranty. The REIT shall fail to duly and punctually perform or observe any agreement, covenant or obligation under its Guaranty.

Appears in 8 contracts

Samples: Credit Agreement (Arden Realty Inc), Term Loan Agreement (Arden Realty Limited Partnership), Revolving Credit Agreement (Arden Realty Inc)

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Breach of Guaranty. The REIT shall fail to duly and punctually perform or observe any agreement, covenant or obligation under its Guaranty, or any Guarantor Subpartnership shall fail to duly and punctually perform or observe any agreement, covenant or obligation under its Guaranty. An Event of Default shall be deemed "continuing" until cured or waived in writing in accordance with Section 12.4.

Appears in 2 contracts

Samples: Credit Agreement (Spieker Properties Inc), Credit Agreement (Spieker Properties Inc)

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Breach of Guaranty. The REIT shall fail to duly and punctually perform or observe any agreement, covenant or obligation under its Guaranty.. (p)

Appears in 1 contract

Samples: _______________________________________________________________ Revolving Credit Agreement (Arden Realty Inc)

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