Common use of Guaranteed Recourse Obligations of Borrower Clause in Contracts

Guaranteed Recourse Obligations of Borrower. (a) Guarantor hereby unconditionally and irrevocably guarantees to Lender the punctual payment when due under the Loan Agreement, and not merely the collectability, whether by lapse of time, by acceleration of maturity, or otherwise, and at all times thereafter the payment of the Guaranteed Recourse Obligations of Borrower (hereinafter defined). As used herein, the term “Guaranteed Recourse Obligations of Borrower” shall mean all obligations and liabilities of Borrower for which Borrower shall be personally liable pursuant to Article 13 of the Loan Agreement.

Guaranteed Recourse Obligations of Borrower. (a) Guarantor hereby unconditionally and irrevocably guarantees to Lender Administrative Agent for the benefit of Lenders the punctual payment when due under the Loan Agreementdue, and not merely the collectability, whether by lapse of time, by acceleration of maturity, or otherwise, and at all times thereafter the payment of the Guaranteed Recourse Obligations of Borrower (hereinafter defined). As used herein, the term “Guaranteed Recourse Obligations of Borrower” shall mean all obligations and liabilities of Borrower for which Borrower shall be personally liable pursuant to Article 13 of the Loan Agreement.

Guaranteed Recourse Obligations of Borrower. (a) Guarantor hereby unconditionally and irrevocably guarantees to Lender the punctual payment when due under the Loan Agreementdue, and not merely the collectability, whether by lapse of time, by acceleration of maturity, or otherwise, and at all times thereafter the payment of the Guaranteed Recourse Obligations of Borrower (hereinafter defined). As used herein, the term “Guaranteed Recourse Obligations of Borrower” shall mean all obligations and liabilities of Borrower for which Borrower shall be personally liable under and pursuant to Article 13 of the Loan Agreement.

Guaranteed Recourse Obligations of Borrower. (a) Guarantor hereby unconditionally and irrevocably guarantees to Lender the punctual payment when due under the Loan Agreementdue, and not merely the collectability, whether by lapse of time, by acceleration of maturity, or otherwise, and at all times thereafter the payment of the Guaranteed Recourse Obligations of Borrower (hereinafter defined). As used herein, the term “Guaranteed Recourse Obligations of Borrower” shall mean all obligations and liabilities of Borrower for which Borrower shall be personally liable under and pursuant to Article 13 of the Loan Agreement.