Cancellation of Guaranty. If the cancellation, termination or ------------------------ limitation of any guaranty of Borrower's obligations under this Agreement or the Loans shall occur, or if any such guarantor shall be in default under or breach the terms of any guaranty agreement between the Bank and such guarantor; or if any such guarantor should die; or if any subordination agreement executed by any creditor of Borrower or of any such guarantor in favor of the Bank should be canceled, terminated, or breached; or if any Guarantor's financial condition as represented in the last personal financial statement delivered to and received by Bank is substantially impaired; or
Cancellation of Guaranty. If the cancellation, termination or limitation of any Guaranty Agreement or of any guaranty of any Obligor’s obligations under the Secured Note shall occur, or if any Guarantor shall be in default under or breach the terms of any Guaranty Agreement between the Lender and such Guarantor; or if any subordination agreement executed by any creditor of any Obligor or of any such Guarantor in favor of the Lender should be canceled, terminated, or breached; or
Cancellation of Guaranty. [Intentionally Omitted].
Cancellation of Guaranty. Simultaneous with the Closing hereunder, ------------------------ Primus Capital Fund III Limited Partnership shall have received from Prudential that certain Guaranty, dated October 17, 1997, marked "cancelled."
Cancellation of Guaranty. If Guarantor shall be in default under or breach the terms of its Amended and Restated Limited Guaranty Agreement between the Bank and Guarantor of this Loan; or
Cancellation of Guaranty. If the cancellation, termination or limitation of any guaranty of Borrower's obligations under this Agreement or the Loan shall occur, or if Guarantor shall be in default under or breach the terms of the guaranty agreement between the Bank and Guarantor; or if any subordination agreement executed by any creditor of Borrower or of Guarantor in favor of the Bank should be canceled, terminated, or breached; or if Guarantor's financial condition as represented in the last financial statement delivered to and received by Bank is substantially impaired; or if Guarantor dissolves and a substitute Guarantor acceptable to Bank is not obtained within 120 days of said dissolution; or
Cancellation of Guaranty. FORMFACTOR BEAVERTON, INC. (“FFBI”), has terminated its operations and dissolved the corporate entity. FFBI hereby assigns and transfers to FORMFACTOR, INC. (“FFI”) all of FFBI’s right, title and interest in and to this Lease and the Premises, and FFI assumes and agrees to be bound by the Lease, as amended hereby. The Guaranty of Lease dated as of June 5, 2018 (the "Guaranty") executed by FFI in connection with the Lease, is hereby cancelled, extinguished, and of no further force and effect; provided, however, the foregoing shall not extinguish FFI’s liability for any obligations of FFBI under the Lease which remain unperformed and which accrued from and after June 5, 2018, and prior to the date of this Amendment, which obligations shall become obligations of FFI, as Tenant, under the Lease. (continued on next page)
Cancellation of Guaranty. If the cancellation, termination or limitation of any guaranty of Borrower's obligations under this Agreement or the Loans, including any of the Guaranty Agreements, shall occur, or if any Guarantor shall be in default under or breach the terms of any of the Guaranty Agreements or Guarantors' Security Agreements in favor of Lenders after the expiration of any applicable grace periods and notice as may be provided therein; or if any Guarantor shall be dissolved; or if any subordination agreement executed by any creditor of Borrower or of any such Guarantor in favor of the Lenders should be canceled, terminated, or breached.
Cancellation of Guaranty. Sellers shall cause the personal guarantees given by Sellers and Robert R. Barber of obligations of the Company to Union Bank of Califoxxxx xx xxxxxxxx until February 28, 2003, at which time Buyer shall cause such personal guarantees to be cancelled, extinguished and of no further force or effect; provided, however, that if such personal guarantees are not so extinguished, Buyer agrees to pay to Sellers consideration at the rate of .50% per month accruing as of September 30, 2002, on the average daily unpaid balance of such guaranteed obligations as it may change from time to time with payments commencing on February 28, 2003, and continuing monthly thereafter.
Cancellation of Guaranty. The Bank will cancel and return this Guaranty upon payment in full of the Term Note, subject, however to the provisions of paragraph 1 dealing with Surrendered Payments. Dated: July 19, 2001 NOTICE: LENDER HAS THE RIGHT TO PROCEED TO OBTAIN AND COLLECT A DEFICIENCY JUDGMENT, TOGETHER WITH FORECLOSURE OF THE REAL PROPERTY MORTGAGED BY BORROWER UNDER APPLICABLE LAW. /s/ Xxxxxx X. Xxx III ------------------------------------------- Xxxxxx X. Xxx III
