Common use of Guarantee of Payment Clause in Contracts

Guarantee of Payment. This Preferred Securities Guarantee creates a guarantee of payment and not of collection.

Appears in 392 contracts

Samples: Preferred Securities Guarantee Agreement, Preferred Securities Guarantee Agreement (Allstate Financing X), Preferred Securities Guarantee Agreement (Valley National Bancorp)

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Guarantee of Payment. This Preferred Capital Securities Guarantee creates a guarantee of payment and not of collection.

Appears in 112 contracts

Samples: Capital Securities Guarantee Agreement (Citigroup Capital XXII), Capital Securities Guarantee Agreement (Citigroup Capital XXII), Capital Securities Guarantee Agreement (Great Southern Capital Trust IV)

Guarantee of Payment. This Preferred Common Securities Guarantee creates a guarantee of payment and not of collection.

Appears in 100 contracts

Samples: Common Securities Guarantee Agreement (Sovereign Bancorp Inc), Common Securities Guarantee Agreement (Sovereign Bancorp Inc), Common Securities Guarantee Agreement (Prudential Financial Capital Trust Ii)

Guarantee of Payment. This Trust Preferred Securities Guarantee creates a guarantee of payment and not of collection.

Appears in 50 contracts

Samples: Trust Preferred Securities Guarantee Agreement (BAC Capital Trust XVII), Trust Preferred Securities Guarantee Agreement (BAC Capital Trust XVII), Trust Preferred Securities Guarantee Agreement (BAC Capital Trust XVII)

Guarantee of Payment. This Preferred Securities Guarantee creates a guarantee of payment and not of collection. This Preferred Securities Guarantee will not be discharged except by payment of the Guarantee Payments in full (without duplication of amounts therefor paid by the Issuer).

Appears in 19 contracts

Samples: Preferred Securities Guarantee Agreement (Colonial Capital Trust Iv), Preferred Securities Guarantee Agreement (James River Group, INC), Preferred Securities Guarantee Agreement (Fleet Capital Trust Viii)

Guarantee of Payment. This Preferred Securities Guarantee creates a guarantee of payment and not of collection. This Preferred Securities Guarantee will not be discharged except by payment of the Guarantee Payments in full (without duplication of amounts theretofore paid by the Trust).

Appears in 14 contracts

Samples: Preferred Securities Guarantee Agreement (Apab Capital Trust I), Preferred Securities Guarantee Agreement (Pennfed Capital Trust I), Preferred Securities Guarantee Agreement (Pittsburgh Home Capital Trust I)

Guarantee of Payment. This Preferred Securities Guarantee creates a guarantee Guarantee of payment and not of collection.

Appears in 8 contracts

Samples: Preferred Securities Guarantee Agreement (Mb Capital I), Preferred Securities Guarantee Agreement (Ebh Capital Trust I), Preferred Securities Guarantee Agreement (Fw Capital I)

Guarantee of Payment. This Preferred Securities Guarantee -------------------- creates a guarantee of payment and not of collection.

Appears in 7 contracts

Samples: Preferred Securities Guarantee Agreement (Motorola Inc), Preferred Securities Guarantee Agreement (Torchmark Corp), Preferred Securities Guarantee Agreement (Torchmark Corp)

Guarantee of Payment. This Preferred Securities Guarantee creates a guarantee of payment and not of collection.

Appears in 5 contracts

Samples: Capital Securities Guarantee Agreement (Webster Capital Trust Vi), Securities Guarantee Agreement (Washington Water Power Capital Iii), Securities Guarantee Agreement (Washington Water Power Co)

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Guarantee of Payment. This Preferred Securities Guarantee Agreement creates a guarantee of payment and not of collection.

Appears in 2 contracts

Samples: Preferred Securities Guarantee Agreement (Reliastar Financing Ii), Preferred Securities Guarantee Agreement (Reliastar Financing V)

Guarantee of Payment. This Convertible Preferred Securities Guarantee creates a guarantee of payment and not of collection.

Appears in 2 contracts

Samples: Convertible Preferred Securities Guarantee Agreement (Sun Healthcare Group Inc), Convertible Preferred Securities Guarantee Agreement (Sun Healthcare Group Inc)

Guarantee of Payment. This Amended and Restated Preferred Securities Guarantee creates a guarantee of payment and not of collection.

Appears in 1 contract

Samples: Preferred Securities Guarantee Agreement (Capital Trust Inc)

Guarantee of Payment. This Preferred Securities Guarantee Agreement creates a guarantee of payment and not merely of collection.

Appears in 1 contract

Samples: Preferred Securities Guarantee Agreement (Seitel Capital Trust Ii)

Guarantee of Payment. This Preferred Amended and Restated Common Securities Guarantee creates a guarantee of payment and not of collection.

Appears in 1 contract

Samples: Common Securities Guarantee Agreement (Capital Trust Inc)

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