Guaranties of the Obligations. Each Obligated Party, including any Person that becomes a Borrower or a Guarantor after the Closing Date pursuant to the terms of this Agreement, shall guarantee payment and performance of the Obligations (other than Obligations owing by such Obligated Party) pursuant to a Guaranty Agreement, duly executed by each such Obligated Party.
Appears in 2 contracts
Samples: Loan and Security Agreement (Ahern Rentals Inc), Loan and Security Agreement (Ahern Rentals Inc)
Guaranties of the Obligations. Each Obligated Party, including any Person that which becomes a Borrower or a Guarantor after the Closing Date pursuant to the terms of this Agreement, shall guarantee payment and performance of the Obligations (other than Obligations owing by such Obligated Party) pursuant to a Guaranty AgreementAgreement in form and substance satisfactory to the Agent, duly executed by each such Obligated Party.
Appears in 1 contract
Samples: Credit Agreement (Texas Petrochemical Holdings Inc)
Guaranties of the Obligations. Each Obligated Party, including any Person that becomes a Borrower or a Guarantor after the Closing Date pursuant to the terms of this Agreement, shall guarantee payment and performance of the Obligations (other than Obligations owing by such Obligated Party) pursuant to a Guaranty AgreementAgreement in form and substances satisfactory to the Administrative Agent and each Lender, and duly executed by each such Obligated Party.
Appears in 1 contract
Samples: Loan and Security Agreement (Mercury Air Group Inc)