Common use of Guarantor Defaults Clause in Contracts

Guarantor Defaults. Any Guarantor fails in any material respect to perform or observe any term, covenant or agreement in the Guaranty; the Guaranty is for any reason partially (including with respect to future advances) or wholly revoked or invalidated, or otherwise ceases to be in full force and effect, with respect to any Guarantor or any Guarantor contests in any manner the validity or enforceability of the Guaranty or denies that it has any further liability or obligation thereunder (in each case other than as a result of a transaction permitted hereunder); or any event described in subsection (f) or (g) of this Section occurs with respect to any Guarantor.

Guarantor Defaults. Any Guarantor fails in any material respect to perform or observe any term, covenant or agreement in the any applicable Guaranty; the or any applicable Guaranty is for any reason partially (including with respect to future advances) or wholly revoked or invalidated, or otherwise ceases to be in full force and effect, with respect to any Guarantor or any Guarantor contests in any manner the validity or enforceability of the Guaranty or denies that it has any further liability or obligation thereunder (in each case other than as a result of a transaction permitted hereunder); or any Guarantor contests in any manner the validity or enforceability of any applicable Guaranty or denies that it has any further liability or obligation thereunder; or any event described in at subsection (f) or (g) of this Section occurs with respect to any Guarantor.

Guarantor Defaults. Any Guarantor fails in any material respect to perform or observe any material term, covenant or agreement in the BHI Guaranty or the Subsidiary Guaranty, as applicable; or the BHI Guaranty or the Subsidiary Guaranty is for any reason partially (including with respect to future advances) or wholly revoked or invalidated, or otherwise ceases to be in full force and effect, with respect to any Guarantor or any Guarantor contests in writing in any manner the validity or enforceability of the Guaranty thereof or denies in writing that it has any further liability or obligation thereunder (in each case other than as a result of a transaction permitted hereunder)thereunder; or any event described in at subsection (f) or (g) of this Section occurs with respect to any Guarantor.; or

Guarantor Defaults. Any Guarantor fails in any material respect to perform or observe any term, covenant or agreement in the Subsidiary Guaranty or the ST Holdings Guaranty; or the Subsidiary Guaranty or the ST Holdings Guaranty is for any reason partially (including with respect to future advances) or wholly revoked or invalidated, or otherwise ceases to be in full force and effect, with respect to or any Guarantor or any Guarantor other Person contests in any manner the validity or enforceability of the Guaranty thereof or denies that it has any further liability or obligation thereunder (in each case other than as a result of a transaction permitted hereunder)thereunder; or any event described in subsection at subsections (f) or (g) of this Section occurs with respect to any Guarantor.; or