Common use of Certain Agreements and Waivers by Guarantor Clause in Contracts

Certain Agreements and Waivers by Guarantor. (a) Guarantor hereby agrees that each of the following shall constitute Events of Default hereunder (i) the occurrence of a default by Guarantor in payment of the Guaranteed Recourse Obligations of Borrower, or any part thereof, when such indebtedness becomes due and (ii) the dissolution, bankruptcy and/or insolvency of any Guarantor.

Appears in 5 contracts

Samples: www.sec.gov, Strategic Storage Trust II, Inc., Morgans Hotel Group Co.

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Certain Agreements and Waivers by Guarantor. (a) Guarantor hereby agrees that each of the following shall constitute Events of Default hereunder Default: (i) the occurrence of a default by Guarantor in payment of the Guaranteed Recourse Obligations of Borrower, or any part thereof, when within five (5) Business Days after such indebtedness becomes due and (ii) subject to the cure rights contained in Section 10.1(f) of the Loan Agreement, the dissolution, bankruptcy and/or insolvency of any Guarantor.

Appears in 5 contracts

Samples: Mezzanine Limited Recourse Guaranty (Brookfield DTLA Fund Office Trust Investor Inc.), Limited Recourse Guaranty (Brookfield DTLA Fund Office Trust Investor Inc.), Limited Recourse Guaranty (Brookfield DTLA Fund Office Trust Investor Inc.)

Certain Agreements and Waivers by Guarantor. (a) Guarantor hereby agrees that each of the following shall constitute Events of Default hereunder Default: (i) the occurrence of a default by Guarantor in payment of the Guaranteed Recourse Obligations of Borrower, or any part thereof, when such indebtedness becomes due and (ii) subject to the cure rights contained in Section 10.1(f) of the Loan Agreement, the dissolution, bankruptcy and/or insolvency of any Guarantor.

Appears in 4 contracts

Samples: Brookfield DTLA Fund Office Trust Investor Inc., Brookfield DTLA Fund Office Trust Investor Inc., Brookfield DTLA Fund Office Trust Investor Inc.

Certain Agreements and Waivers by Guarantor. (a) Guarantor hereby agrees that each of the following shall constitute Events of Default hereunder hereunder: (i) the occurrence of a default by Guarantor in payment of the Guaranteed Recourse Obligations of Borrower, or any part thereof, when such indebtedness becomes due under the Loan Agreement (subject to any applicable notice and cure periods expressly set forth therein), and (ii) the dissolution, bankruptcy and/or insolvency of any Guarantor.

Appears in 3 contracts

Samples: www.sec.gov, American Realty Capital New York City REIT, Inc., American Realty Capital New York City REIT, Inc.

Certain Agreements and Waivers by Guarantor. (a) Guarantor hereby agrees that each of the following shall constitute Events of Default hereunder (i) the occurrence of a default by Guarantor in payment of the Guaranteed Recourse Obligations of Borrower, or any part thereof, when such indebtedness becomes due due, which default continues for five (5) Business Days following notice thereof to Guarantor and (ii) the dissolution, bankruptcy and/or insolvency of any Guarantor.

Appears in 2 contracts

Samples: Limited Recourse Guaranty (American Finance Trust, Inc), American Finance Trust, Inc

Certain Agreements and Waivers by Guarantor. (a) Guarantor hereby agrees that each of the following shall constitute Events of Default hereunder (i) the occurrence of a default by Guarantor in payment of the Guaranteed Recourse Obligations of Borrower, or any part thereof, when such indebtedness becomes due and (ii) a breach of the dissolution, bankruptcy and/or insolvency terms of any GuarantorSection 10.1(f) of the Loan Agreement.

Appears in 1 contract

Samples: Strategic Storage Trust, Inc.

Certain Agreements and Waivers by Guarantor. (a) Guarantor hereby agrees that each of the following shall constitute Events of Default hereunder Default: (i) the occurrence of a default by Guarantor in payment of the Guaranteed Recourse Obligations of BorrowerObligations, or any part thereof, when such indebtedness becomes due and (ii) subject to the cure rights contained in Section 10.1(f) of the Loan Agreement, the dissolution, bankruptcy and/or insolvency of any Guarantor.

Appears in 1 contract

Samples: Unfunded Obligations Guaranty (Brookfield DTLA Fund Office Trust Investor Inc.)

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Certain Agreements and Waivers by Guarantor. (a) Guarantor a)Guarantor hereby agrees that that, in addition to any specific events set forth herein as constituting an “Event of Default” hereunder, each of the following shall constitute Events of Default hereunder (i) the occurrence of a default by Guarantor in payment of the Guaranteed Recourse Obligations of BorrowerObligations, or any part thereof, when such indebtedness becomes due and (ii) the dissolution, bankruptcy and/or insolvency of any Guarantor.

Appears in 1 contract

Samples: Lodging Fund REIT III, Inc.

Certain Agreements and Waivers by Guarantor. (a) Guarantor hereby agrees that each of the following shall constitute Events of Default hereunder (i) the occurrence of a default by Guarantor in payment of the Guaranteed Recourse Obligations of Borrower, or any part thereof, when such indebtedness becomes due and (ii) an “Event of Default” with respect to Guarantor under Section 10.1 of the dissolution, bankruptcy and/or insolvency of any GuarantorLoan Agreement.

Appears in 1 contract

Samples: Pacific Oak Strategic Opportunity REIT II, Inc.

Certain Agreements and Waivers by Guarantor. (a) Guarantor hereby agrees that each of the following shall constitute Events of Default hereunder (i) the occurrence of a default by Guarantor in payment and/or performance of the Guaranteed Recourse Obligations of BorrowerObligations, or any part thereof, when such indebtedness or obligations, as applicable, becomes due and (ii) subject to the cure rights contained in Section 10.1(f) of the Loan Agreement, the dissolution, bankruptcy and/or insolvency of any Guarantor.

Appears in 1 contract

Samples: Completion Guaranty (Brookfield DTLA Fund Office Trust Investor Inc.)

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