Guarantor Agreements. Each of the Guarantor Agreements has been duly authorized by the Company, has been executed and delivered by the Company and constitutes a valid and legally binding instrument, enforceable against the Company in accordance with its terms, subject, as to enforcement, to bankruptcy, insolvency, reorganization and other laws of general applicability relating to or affecting creditors’ rights and to general equity principles.
Guarantor Agreements. The Guarantors agree that any payments or reductions of the Note shall reduce their guaranty proportionately compared to all other guarantees. In addition, each Guarantor agrees that if the Bank demands payment of the Note from the Guarantors, each Guarantor will pay his Proportionate Share Percentage of such demand.
Guarantor Agreements. The Trustee and the School each agrees to xxxxxxx Xxxxxx Mae with copies of all agreements between such party and the Guarantor that affect the Loans that Xxxxxx Xxx originates or services hereunder.
Guarantor Agreements. Each of the Guarantee, the Trust Agreement and the Indenture has been duly and validly authorized by the Company (the Guarantee, the Debentures, the Trust Agreement and the Indenture being collectively referred to as the “Guarantor Agreements”), and, when validly executed and delivered by the Company and, in the case of the Guarantee, by the Guarantee Trustee, in the case of the Trust Agreement, by the Trustee and, in the case of the Indenture, by the Indenture Trustee, will each constitute a valid and legally binding instrument, enforceable in accordance with their respective terms, subject, as to enforcement, to bankruptcy, insolvency, reorganization, and other laws of general applicability relating to or affecting creditors’ rights and to general equity principles; the Debentures are entitled to the benefits of the Indenture; and the Guarantor Agreements have been qualified under the Trust Indenture Act and will conform to the descriptions thereof in the General Disclosure Package and the Final Prospectus.
Guarantor Agreements. The Landlord requires that all tenants provide a Guarantor. Unfortunately, insurance-based guarantor schemes such as Housing Hand are not accepted for this property.
