FORM OF GUARANTY GUARANTY. THIS GUARANTY (this “Guaranty”), dated as of , 20 , is made by (the “Guarantor”), a organized and existing under the laws of [a state of the United States or of the District of Columbia], in favor of PECO Energy Company (the “Guaranteed Party”), a corporation organized and existing under the laws of the Commonwealth of Pennsylvania. Terms not defined herein shall have the meanings given to them in the Default Service Program Block Energy Supply Master Agreement dated , 20 (as amended, modified or extended from time to time, the “Agreement(s)”), between the Guaranteed Party and , a organized and existing under the laws of (the “Seller”). This Guaranty is made by Guarantor in consideration for, and as an inducement for the Guaranteed Party to enter into, the Agreement(s) with the Seller. Guarantor, subject to the terms and conditions hereof, hereby unconditionally, irrevocably and absolutely guarantees to the Guaranteed Party the full and prompt payment when due, subject to any applicable grace period, of all payment obligations of the Seller to the Guaranteed Party arising out of the Agreement(s). Without limiting the generality of the foregoing, Guarantor further agrees as follows:
Appears in 4 contracts
Samples: Default Service Program, Default Service Program, Default Service Program
FORM OF GUARANTY GUARANTY. THIS GUARANTY (this “Guaranty”), dated as of , 20 201_, is made by (the “Guarantor”), a organized and existing under the laws of [a state of the United States or of the District of Columbia], in favor of PECO Energy Company (the “Guaranteed Party”), a corporation organized and existing under the laws of the Commonwealth of Pennsylvania. Terms not defined herein shall have the meanings given to them in the Default Service Program Block Energy Supply Master Agreement dated , 20 (as 201_(as amended, modified or extended from time to time, the “Agreement(s)”), between the Guaranteed Party and , a organized and existing under the laws of (the “Seller”). This Guaranty is made by Guarantor in consideration for, and as an inducement for the Guaranteed Party to enter into, the Agreement(s) with the Seller. Guarantor, subject to the terms and conditions hereof, hereby unconditionally, irrevocably and absolutely guarantees to the Guaranteed Party the full and prompt payment when due, subject to any applicable grace period, of all payment obligations of the Seller to the Guaranteed Party arising out of the Agreement(s). Without limiting the generality of the foregoing, Guarantor further agrees as follows:
Appears in 3 contracts
Samples: Master Agreement, Master Agreement, Default Service Program Supply Master Agreement
FORM OF GUARANTY GUARANTY. THIS GUARANTY (this “Guaranty”), dated as of , 20 , is made by (the “Guarantor”), a organized and existing under the laws of [a state of the United States or of the District of Columbia], in favor of PECO Energy Company (the “Guaranteed Party”), a corporation organized and existing under the laws of the Commonwealth of Pennsylvania. Terms not defined herein shall have the meanings given to them in the Default Service Program Block Energy Supply Master Agreement dated , 20 (as amended, modified or extended from time to time, the “Agreement(s)”), between the Guaranteed Party and , a organized and existing under the laws of (the “Seller”). This Guaranty is made by Guarantor in consideration for, and as an inducement for the Guaranteed Party to enter into, the Agreement(s) with the Seller. Guarantor, subject to the terms and conditions hereof, hereby unconditionally, irrevocably and absolutely guarantees to the Guaranteed Party the full and prompt payment when due, subject to any applicable grace period, of all payment obligations of the Seller to the Guaranteed Party arising out of the Agreement(s). Without limiting the generality of the foregoing, Guarantor Xxxxxxxxx further agrees as follows:
Appears in 3 contracts
Samples: Default Service Program, Default Service Program, Default Service Program
FORM OF GUARANTY GUARANTY. THIS GUARANTY (this “Guaranty”), dated as of , 20 201_, is made by (the “Guarantor”), a organized and existing under the laws of [a state of the United States or of the District of Columbia], in favor of PECO Energy Company (the “Guaranteed Party”), a corporation organized and existing under the laws of the Commonwealth of Pennsylvania. Terms not defined herein shall have the meanings given to them in the Default Service Program Block Energy Supply Master Agreement dated , 20 (as 201_(as amended, modified or extended from time to time, the “Agreement(s)”), between the Guaranteed Party and , a organized and existing under the laws of (the “Seller”). This Guaranty is made by Guarantor in consideration for, and as an inducement for the Guaranteed Party to enter into, the Agreement(s) with the Seller. Guarantor, subject to the terms and conditions hereof, hereby unconditionally, irrevocably and absolutely guarantees to the Guaranteed Party the full and prompt payment when due, subject to any applicable grace period, of all payment obligations of the Seller to the Guaranteed Party arising out of the Agreement(s). Without limiting the generality of the foregoing, Guarantor Xxxxxxxxx further agrees as follows:
Appears in 3 contracts
Samples: Master Agreement, Default Service Program Supply Master Agreement, Master Agreement
FORM OF GUARANTY GUARANTY. THIS GUARANTY (this “Guaranty”), dated as of , 20 , is made by (the “Guarantor”), a organized and existing under the laws of [a state of the United States or of the District of Columbia], in favor of PECO Energy Company (the “Guaranteed Party”), a corporation organized and existing under the laws of the Commonwealth of Pennsylvania. Terms not defined herein shall have the meanings given to them in the Default Service Program Block Energy Supply Master Agreement dated , 20 (as amended, modified or extended from time to time, the “Agreement(s)”), between the Guaranteed Party and , a organized and existing under the laws of (the “Seller”). This Guaranty is made by Guarantor in consideration for, and as an inducement for the Guaranteed Party to enter into, the Agreement(s) with the Seller. Guarantor, subject to the terms and conditions hereof, hereby unconditionally, irrevocably and absolutely guarantees to the Guaranteed Party the full and prompt payment when due, subject to any applicable grace period, of all payment obligations of the Seller to the Guaranteed Party arising out of the Agreement(s). Without limiting the generality of the foregoing, Guarantor further agrees as follows:
Appears in 2 contracts
Samples: Default Service Program Supply Master Agreement, Default Service Program Supply Master Agreement
FORM OF GUARANTY GUARANTY. THIS GUARANTY (this “Guaranty”), dated as of , 20 , is made by (the “Guarantor”), a organized and existing under the laws of [a state of the United States or of the District of Columbia], in favor of PECO Energy Company (the “Guaranteed Party”), a corporation organized and existing under the laws of the Commonwealth of Pennsylvania. Terms not defined herein shall have the meanings given to them in the Default Service Program Block Energy Supply Master Agreement dated , 20 (as amended, modified or extended from time to time, the “Agreement(s)”), between the Guaranteed Party and , a organized and existing under the laws of (the “Seller”). This Guaranty is made by Guarantor in consideration for, and as an inducement for the Guaranteed Party to enter into, the Agreement(s) with the Seller. Guarantor, subject to the terms and conditions hereof, hereby unconditionally, irrevocably and absolutely guarantees to the Guaranteed Party the full and prompt payment when due, subject to any applicable grace period, of all payment obligations of the Seller to the Guaranteed Party arising out of the Agreement(s). Without limiting the generality of the foregoing, Guarantor Xxxxxxxxx further agrees as follows:
Appears in 2 contracts
Samples: Default Service Program Supply Master Agreement, Default Service Program Supply Master Agreement