Common use of Guarantee of Performance Clause in Contracts

Guarantee of Performance. The Guarantor further unconditionally guarantees prompt, timely, and complete performance of and compliance by Borrower of all the terms and conditions contained in any of the instruments and documents, including but not limited to promissory notes, mortgages, security agreements, pledges and collateral assignments ("Loan Documents"), given in connection with the origination, extension or collection of the Indebtedness; the timely payment of all real and personal property taxes, special assessments, and premiums for insurance of every kind required under the terms of any of the Loan Documents; and generally, the performance of each and every other covenant and condition set forth and contained in the Loan Documents.