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Common use of Guarantee of Payment; Continuing Guarantee Clause in Contracts

Guarantee of Payment; Continuing Guarantee. The guarantee in this Article X is a guaranty of payment and not of collection, is a continuing guarantee, and shall apply to all Secured Obligations owing by each other Borrower, whenever arising.

Appears in 4 contracts

Samples: Credit Agreement (TTEC Holdings, Inc.), Credit Agreement (TTEC Holdings, Inc.), Credit Agreement (Teletech Holdings Inc)

Guarantee of Payment; Continuing Guarantee. The guarantee in this Article X is a guaranty of payment and not of collection, is a continuing guarantee, and shall apply to all Secured Obligations owing by each other Borrower, whenever arising.

Appears in 3 contracts

Samples: Credit Agreement (Nn Inc), Credit Agreement (Teletech Holdings Inc), Credit Agreement (Nn Inc)

Guarantee of Payment; Continuing Guarantee. The guarantee in this Article X by the U.S. Borrowers is a guaranty of payment and not of collection, is a continuing guarantee, and shall apply to all Secured U.S. Borrower Guaranteed Obligations owing whenever arising. The guarantee in this Article X by each other Borrowerthe Foreign Borrowers is a guaranty of payment and not of collection, is a continuing guarantee, and shall apply to all Foreign Obligations whenever arising.

Appears in 3 contracts

Samples: Credit Agreement (GENTHERM Inc), Credit Agreement (GENTHERM Inc), Credit Agreement (GENTHERM Inc)

Guarantee of Payment; Continuing Guarantee. The guarantee in this Article X XI is a guaranty of payment and not of collection, is a continuing guarantee, and shall apply to all Secured Obligations owing by each other Borrower, whenever arising.

Appears in 2 contracts

Samples: Credit and Security Agreement (AvidXchange Holdings, Inc.), Credit and Security Agreement (AvidXchange Holdings, Inc.)

Guarantee of Payment; Continuing Guarantee. The guarantee in this Article X is a guaranty of payment and not of collection, is a continuing guarantee, and shall apply to all Secured the Obligations owing by each other Borrower, whenever arising.. CHAR1\1710066v1CHAR1\0000000x0

Appears in 1 contract

Samples: Credit Agreement (BGC Partners, Inc.)

Guarantee of Payment; Continuing Guarantee. The guarantee in this Article X is a an absolute and unconditional guaranty of payment and not of collection, is a continuing and irrevocable guarantee, and shall apply to all Secured Obligations owing by each other Borrower, whenever arising.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Abovenet Inc)