Common use of Guarantee for Payment Clause in Contracts

Guarantee for Payment. You shall not be required first to claim payment from, to proceed against, or enforce any claims on or security given by, the Borrower or any other person before making demand from us hereunder.

Appears in 3 contracts

Sources: Consortium Credit Agreement (Lydall Inc /De/), Guarantee (Star Telecommunications Inc), Guarantee (Aceto Corp)

Guarantee for Payment. You The Lender shall not be required first to claim payment from, to proceed against, or enforce any claims on or security given by, the Borrower or any other person before making demand from us the Guarantor hereunder.

Appears in 3 contracts

Sources: Loan Agreement (Canuelas Mill S.A.C.I.F.I.A.), Loan Agreement (Canuelas Mill S.A.C.I.F.I.A.), Loan Agreement (Canuelas Mill S.A.C.I.F.I.A.)

Guarantee for Payment. You shall not be required first to claim payment from, to proceed against, or enforce any claims on or security given by, the Borrower Customer or any other person before making demand from us hereunder.

Appears in 1 contract

Sources: Guarantee Agreement (Ipg Photonics Corp)