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[6203, 6212]}, {"key": "costs-and-expenses", "type": "clause", "offset": [6229, 6247]}, {"key": "reasonable-attorneys", "type": "definition", "offset": [6259, 6279]}, {"key": "rights-under-this-section", "type": "clause", "offset": [6342, 6367]}], "samples": [{"hash": "l8CLyjXezxc", "uri": "/contracts/l8CLyjXezxc#guaranties", "label": "Indenture (Merisant Foreign Holdings I Inc)", "score": 18.0, "published": true}, {"hash": "93IZGLC4lyM", "uri": "/contracts/93IZGLC4lyM#guaranties", "label": "Indenture (Tabletop Holdings Inc)", "score": 18.0, "published": true}], "snippet": "Each Guarantor hereby unconditionally and irrevocably guarantees, jointly and severally, to each Holder and to the Trustee and its successors and assigns (a) the full and punctual payment of principal of and interest on the Notes when due, whether at maturity, by acceleration, by redemption or otherwise, and all other monetary obligations of the Company under this Indenture and the Notes and (b) the full and punctual performance within applicable grace periods of all other obligations of the Company under this Indenture and the Notes (all the foregoing being hereinafter collectively called the \"GUARANTEED OBLIGATIONS\"). Each Guarantor further agrees that the Guaranteed Obligations may be extended or renewed, in whole or in part, without notice or further assent from such Guarantor and that such Guarantor will remain bound under this Article 11 notwithstanding any extension or renewal of any Guaranteed Obligation. Each Guarantor waives presentation to, demand of, payment from and protest to the Company of any of the Guaranteed Obligations and also waives notice of acceleration, notice of intent to accelerate and notice of protest for nonpayment. Subject to Section 6.01, each Guarantor waives notice of any default under the Notes or the Guaranteed Obligations. The obligations of each Guarantor hereunder shall not be affected by: (a) the failure of any Holder or the Trustee to assert any claim or demand or to enforce any right or remedy against the Company or any other Person under this Indenture, the Notes or any other agreement or otherwise; (b) any extension or renewal of any thereof; (c) any rescission, waiver, amendment or modification of any of the terms or provisions of this Indenture, the Notes or any other agreement; (d) the release of any security held by any Holder or the Trustee for the Guaranteed Obligations or any of them; (e) the failure of any Holder or the Trustee to exercise any right or remedy against 91 any other guarantor of the Guaranteed Obligations; or (f) except as set forth in Section 11.06, any change in the ownership of such Guarantor. Each Guarantor further agrees that its Guaranty herein constitutes a guarantee of payment, performance and compliance when due (and not a guarantee of collection) and waives any right to require that any resort be had by any Holder or the Trustee to any security held for payment of the Guaranteed Obligations. Each Guaranty is, to the extent and in the manner set forth in Article 12, subordinated and subject in right of payment to the prior payment in full of the principal of and premium, if any, and interest on all Senior Indebtedness of the Guarantor giving such Guaranty and each Guaranty is made subject to such provisions of this Indenture. Except as expressly set forth in Sections 8.01(b), 11.02 and 11.06, the obligations of each Guarantor hereunder shall not be subject to any reduction, limitation, impairment or termination for any reason, including any claim of waiver, release, surrender, alteration or compromise, and shall not be subject to any defense of setoff, counterclaim, recoupment or termination whatsoever or by reason of the invalidity, illegality or unenforceability of the Guaranteed Obligations or otherwise. Without limiting the generality of the foregoing, the obligations of each Guarantor herein shall not be discharged or impaired or otherwise affected by the failure of any Holder or the Trustee to assert any claim or demand or to enforce any remedy under this Indenture, the Notes or any other agreement, by any waiver or modification of any thereof, by any default, failure or delay, willful or otherwise, in the performance of the obligations, or by any other act or thing or omission or delay to do any other act or thing which may or might in any manner or to any extent vary the risk of such Guarantor or would otherwise operate as a discharge of such Guarantor as a matter of law or equity. Each Guarantor further agrees that its Guaranty herein shall continue to be effective or be reinstated, as the case may be, if at any time payment, or any part thereof, of principal of or interest on any Guaranteed Obligation is rescinded or must otherwise be restored by any Holder or the Trustee upon the bankruptcy or reorganization of the Company or otherwise. In furtherance of the foregoing and not in limitation of any other right which any Holder or the Trustee has at law or in equity against any Guarantor by virtue hereof, upon the failure of the Company to pay the principal of or interest on any Guaranteed Obligation when and as the same shall become due, whether at maturity, by acceleration, by redemption or otherwise, or to perform or comply with any other Guaranteed Obligation, each Guarantor hereby promises to and shall, upon receipt of written demand by the Trustee, forthwith pay, or cause to be paid, in cash, to the Holders or the Trustee an amount equal to the sum of (1) the unpaid amount of such Guaranteed Obligations, (2) accrued and unpaid interest on such Guaranteed Obligations (but only to the extent not prohibited by law) and (3) all other monetary Guaranteed Obligations of the Company to the Holders and the Trustee. Each Guarantor agrees that it shall not be entitled to any right of subrogation in respect of any Guaranteed Obligations guaranteed hereby until payment in full of all Guaranteed Obligations and all obligations to which the Guaranteed Obligations are subordinated as provided in Article 12. Each Guarantor further agrees that, as between it, on the one hand, and the Holders and the Trustee, on the other hand, (x) the maturity of the Guaranteed Obligations guaranteed hereby may be accelerated as provided in Article 6 for the purposes of such Guarantor's Guaranty herein, notwithstanding any stay, injunction or other prohibition preventing such acceleration in respect of the Guaranteed Obligations guaranteed hereby, and (y) in the event of any declaration of acceleration of such Guaranteed Obligations as provided in Article 6, such Guaranteed Obligations (whether or not due and payable) shall forthwith become due and payable by such Guarantor for the purposes of this Section 11.01. Each Guarantor also agrees to pay any and all costs and expenses (including reasonable attorneys' fees) incurred by the Trustee or any Holder in enforcing any rights under this Section 11.01.", "hash": "e9ceeaf90e9b87d8ce7b4ccb1cfe6c98", "id": 5}, {"size": 92, "snippet_links": [{"key": "seller-is-not-a", "type": "clause", "offset": [4, 19]}, {"key": "any-other-person", "type": "definition", "offset": [110, 126]}], "samples": [{"hash": "hwBqRT8zw68", "uri": "/contracts/hwBqRT8zw68#guaranties", "label": "Asset Purchase Agreement (Pinnacle Data Systems Inc)", "score": 21.0, "published": true}, {"hash": "lnAyQ4STcd", "uri": "/contracts/lnAyQ4STcd#guaranties", "label": "Asset Purchase Agreement (McWhorter Technologies Inc /De/)", "score": 18.0, "published": true}, {"hash": "d5eOFDJFWgx", "uri": "/contracts/d5eOFDJFWgx#guaranties", "label": "Asset Purchase Agreement (Sabratek Corp)", "score": 18.0, "published": true}], "snippet": "The Seller is not a guarantor or otherwise liable for any Liability or obligation (including indebtedness) of any other Person.", "hash": "337644863755d55b189cda53cf93ad7f", "id": 9}, {"size": 104, "snippet_links": [{"key": "obligations-of", "type": "clause", "offset": [90, 104]}, {"key": "any-person", "type": "definition", "offset": [105, 115]}, {"key": "guaranties-by", "type": "clause", "offset": [124, 137]}, {"key": "negotiable-instruments", "type": "definition", "offset": [153, 175]}, {"key": "transactions-in-the-ordinary-course-of-business", "type": "definition", "offset": [213, 260]}], "samples": [{"hash": "c3PpKencq9R", "uri": "/contracts/c3PpKencq9R#guaranties", "label": "Loan Agreement", "score": 31.3408622742, "published": true}, {"hash": "7cz7jVS2Qn4", "uri": "/contracts/7cz7jVS2Qn4#guaranties", "label": "Loan Agreement (Command Center, Inc.)", "score": 30.5386714935, "published": true}, {"hash": "5niNjtoHlXm", "uri": "/contracts/5niNjtoHlXm#guaranties", "label": "Loan Agreement (Command Center, Inc.)", "score": 30.5386714935, "published": true}], "snippet": "Assume, guarantee, endorse, or otherwise be or become directly or contingently liable for obligations of any Person, except guaranties by endorsement of negotiable instruments for deposit or collection or similar transactions in the ordinary course of business.", "hash": "436ea7b246c62a7c89b577b1353958e6", "id": 8}], "next_curs": "ClMSTWoVc35sYXdpbnNpZGVyY29udHJhY3Rzci8LEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IhNndWFyYW50aWVzIzAwMDAwMDBhDKIBAmVuGAAgAA==", "clause": {"size": 8700, "children": [["guaranties", "Guaranties"], ["further-assurances", "Further Assurances"], ["", ""], ["the-guaranties", "The Guaranties"], ["stay-of-acceleration", "Stay of Acceleration"]], "title": "Guaranties", "parents": [["negative-covenants", "NEGATIVE COVENANTS"], ["events-of-default", "Events of Default"], ["covenants", "COVENANTS"], ["miscellaneous", "Miscellaneous"], ["affirmative-covenants", "AFFIRMATIVE COVENANTS"]], "id": "guaranties", "related": [["guaranty-agreements", "Guaranty Agreements", "Guaranty Agreements"], ["subsidiary-guaranties", "Subsidiary Guaranties", "Subsidiary <strong>Guaranties</strong>"], ["guarantees", "Guarantees", "Guarantees"], ["collateral-documents-and-guaranties", "Collateral Documents and Guaranties", "Collateral Documents and <strong>Guaranties</strong>"], ["contractor-guaranties", "Contractor Guaranties", "Contractor <strong>Guaranties</strong>"]], "related_snippets": [], "updated": "2026-04-15T04:23:14+00:00", "also_ask": ["What are the most negotiable terms in a guaranty clause to limit a guarantor\u2019s liability?", "Which drafting elements are essential to ensure the guaranty is enforceable in court?", "What are the most common legal pitfalls or fatal flaws that can invalidate a guaranty?", "How do guaranty obligations differ between continuing and limited guaranties under relevant law?", "What defenses are most frequently raised by guarantors to avoid enforcement, and how can they be preempted in drafting?"], "drafting_tip": "Specify the guarantor's obligations to prevent scope disputes, define triggering events to ensure clarity of enforcement, and state limitations to manage risk exposure.", "explanation": "The Guaranties clause establishes that a third party, known as the guarantor, promises to fulfill the obligations or debts of another party if that party fails to do so. In practice, this means that if the primary obligor defaults on a loan or contract, the guarantor is legally required to step in and satisfy the outstanding obligations, such as repaying a loan or performing contractual duties. This clause provides assurance to the beneficiary, typically a lender or creditor, by reducing the risk of non-payment or non-performance and thereby facilitating trust in the transaction."}, "json": true, "cursor": ""}}