Guarantee by the Corporation. Subject to the terms and conditions hereof, the Corporation hereby irrevocably and unconditionally guarantees to each person or entity to whom the Trust is now or hereafter becomes indebted or liable (the "Beneficiaries") the full payment, when and as due, of any and all Obligations (as hereinafter defined) to such Beneficiaries. As used herein, "
Appears in 16 contracts
Samples: Trust Agreement (Mellon Capital Iii), Trust Agreement (First Union Corp), Trust Agreement (First Union Corp)
Guarantee by the Corporation. Subject to the terms and conditions hereof, the Corporation hereby irrevocably and unconditionally guarantees to each person or entity to whom the Trust is now or hereafter becomes indebted or liable (the "“Beneficiaries"”) the full payment, when and as due, of any and all Obligations (as hereinafter defined) to such Beneficiaries. As used herein, "“
Appears in 2 contracts
Samples: Trust Agreement (Schwab Charles Corp), Expenses and Liabilities (Regions Financing Trust Ii)
