Guarantee of Payments Sample Clauses

Guarantee of Payments. RV Centers has executed this Agreement for the limited purposes of paragraph 21. In this connection, RV Centers hereby unconditionally guarantees the punctual payment when due by the Company of all obligations payable by the Company to the Executive hereunder.
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Guarantee of Payments. In the event of a default under a Contract and --------------------- a replacement Contract is not readily available, the Corporation guarantees the payment when due of all sums currently or thereafter to be paid to the Investor under the defaulted Contract until such time as a replacement Contact is substituted therefor. The purpose of this Guarantee is to assure the Investor of his receiving all regularly scheduled payments owed under the Contracts in accordance with his investment in the Corporation pursuant to the aforesaid Offering.
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Guarantee of Payments. In order to guarantee Buyer’s obligation to pay under this Agreement and Service Agreement signed according to Article 7.1 of this Agreement, Buyer agrees to perform the following:
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Guarantee of Payments. Neurocrine shall concurrently with execution of this Amendment execute and deliver to Nexus a guarantee of the payments by the Company pursuant to Paragraphs 3 and 4 above in the form attached hereto as Exhibit "A".
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Guarantee of Payments. Concurrently with the execution and delivery of this Agreement, Xxxxxx X. Xxxx, Xxxxxx Xxxxx and Xxxxxx X. Xxxxxx, each the principal shareholder of a corporate general partner of Xxxxxxx, and Xxxx Xxxxxxx, a general partner in Xxxxxxx, agree to execute and deliver to Company a joint and several guarantee of Xxxxxxx obligations under Sections 4.01 and 4.02 hereof in the form attached hereto as Exhibit D. ARTICLE V AMPHITHEATER OPERATIONS
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Guarantee of Payments. The Guarantor hereby irrevocably and unconditionally guarantees to the Beneficiary (a) the due and punctual payment of all amounts payable by Services under the Biodiesel Marketing Agreement when the same become due and payable in accordance with the terms of the Biodiesel Marketing Agreement and the performance by Services of its other obligations under the Biodiesel Marketing Agreement; and (b) the performance of all obligations (whether for payment or other performance) by Services under the O&M Agreement and the Imperium Assignment Agreement. Upon any failure of Services to pay punctually any such amounts or perform any such obligations, and upon demand by the Beneficiary or its designee, in the manner set forth in Section 6.12, the Guarantor agrees to pay or cause to be paid such amounts and to fulfill or cause to be fulfilled such obligations; provided, that any delay by the Beneficiary in giving such demand will in no event affect the Guarantor’s obligations under this Guarantee Agreement.
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Related to Guarantee of Payments

  • Guarantee of Payment This Guarantee Agreement creates a guarantee of payment and not of collection. This Guarantee Agreement will not be discharged except by payment of the Guarantee Payments in full (without duplication of amounts theretofore paid by the Issuer) or upon distribution of Debentures to Holders as provided in the Trust Agreement.

  • Guarantee of Payment; Continuing Guarantee The guarantee in this Article IV is a guaranty of payment and not of collection, is a continuing guarantee, and shall apply to all Obligations whenever arising.

  • Guarantee of Notes Section 10.01.

  • Guarantee of Obligations (A) The Company hereby (i) guarantees, as principal obligor and not as surety only, to the Banks the prompt payment of the principal of and any and all accrued and unpaid interest (including interest which otherwise may cease to accrue by operation of any insolvency law, rule, regulation or interpretation thereof) on the Loans and all other obligations of Masco Europe to the Banks and the Agent under this Agreement when due, whether by scheduled maturity, acceleration or otherwise, all in accordance with the terms of this Agreement and the Notes, including, without limitation, fees, reimbursement obligations, default interest, indemnification payments and all reasonable costs and expenses incurred by the Banks and the Agent in connection with enforcing any obligations of Masco Europe hereunder, including without limitation the reasonable fees and disbursements of counsel, (ii) guarantees the prompt and punctual performance and observance of each and every term, covenant or agreement contained in this Agreement and the Notes to be performed or observed on the part of Masco Europe and (iii) agrees to make prompt payment, on demand, of any and all reasonable costs and expenses incurred by the Banks or the Agent in connection with enforcing the obligations of the Company hereunder, including, without limitation, the reasonable fees and disbursements of counsel (all of the foregoing being collectively referred to as the "Guaranteed Obligations").

  • Guarantee of Securities Section 1601 Guarantee.

  • Guaranty of Payment This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative Agent, the Issuing Bank or any Lender to xxx any Borrower, any Loan Guarantor, any other guarantor of, or any other Person obligated for, all or any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against any collateral securing all or any part of the Guaranteed Obligations.

  • Netting of Payments Subparagraph (ii) of Section 2(c) of this Agreement will apply to all Transactions (in each case starting from the date of this Agreement).

  • Guaranty of Payment and Not of Collection This Guaranty is a guaranty of payment, and not of collection, and a debt of each Guarantor for its own account. Accordingly, the Guarantied Parties shall not be obligated or required before enforcing this Guaranty against any Guarantor: (a) to pursue any right or remedy the Guarantied Parties may have against the Borrower, any other Loan Party or any other Person or commence any suit or other proceeding against the Borrower, any other Loan Party or any other Person in any court or other tribunal; (b) to make any claim in a liquidation or bankruptcy of the Borrower, any other Loan Party or any other Person; or (c) to make demand of the Borrower, any other Loan Party or any other Person or to enforce or seek to enforce or realize upon any collateral security held by the Guarantied Parties which may secure any of the Guarantied Obligations.

  • Time of Payments Provided that the conditions of paragraph 7 (relating to waiver and release) have been satisfied, payments pursuant to subparagraphs 4(a) and 4(b) shall be paid no later than March 15th of the calendar year following the calendar year in which the Executive’s Termination Date occurs or at such earlier date as may apply in accordance with the following:

  • Guaranty of Payment; Continuing Guaranty The guarantee in this Article IV is a guaranty of payment and not of collection, and is a continuing guarantee, and shall apply to all Guaranteed Obligations whenever arising.

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