Demand and Payment. Counterparty is not entitled to make demand upon Guarantor until a default occurs in payment of any Guaranteed Obligations by Company to Counterparty. Any demand by the Counterparty for payment hereunder shall be in writing, reference this Guaranty, reference the Guaranteed Obligations, and signed by a duly authorized representative of the Counterparty and delivered to the Guarantor pursuant to Section 5 hereof. There are no other requirements of notice, presentment or demand. The Guarantor shall pay, or cause to be paid, such Guaranteed Obligations within ten (10) business days of receipt of such demand.
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Samples: Credit Agreement (Sunrun Inc.), Guaranty Agreement (Osage Exploration & Development Inc), Guaranty Agreement (NiMin Energy Corp.)
Demand and Payment. Counterparty is not entitled to make demand upon Guarantor until a default occurs in payment or performance of any Guaranteed Obligations by Company to Counterparty. Any demand by the Counterparty for payment or performance hereunder shall be in writing, reference this Guaranty, reference the Guaranteed Obligations, and signed by a duly authorized representative of the Counterparty and delivered to the Guarantor pursuant to Section Paragraph 5 hereof. There are no other requirements of notice, presentment or demand. The Guarantor shall pay, pay or cause to be paid, perform such Guaranteed Obligations within ten (10) business days of receipt of such demand.
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