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; or 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; or any Guarantor, or any other Person by, through or on behalf of any Guarantor, contests in any manner the validity or enforceability of the Guaranty or denies that such Guarantor has any further liability or obligation thereunder.

Appears in 2 contracts

Samples: Credit Agreement (Air Cure Technologies Inc /De), Credit Agreement (American Disposal Services Inc)

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Guarantor Defaults. Any Guarantor fails in any material respect ------------------ to perform or observe any term, covenant or agreement in the its Guaranty; or the Guaranty of any Guarantor 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; , or any Guarantor, Guarantor or any other Person by, through or on behalf of any Guarantor, contests in any manner the validity or enforceability of the Guaranty thereof or denies that such Guarantor it has any further liability or obligation thereunder.

Appears in 2 contracts

Samples: Revolving Multicurrency Credit Agreement (Johns Manville Corp /New/), Revolving Multicurrency Credit Agreement (Johns Manville International Group Inc)

Guarantor Defaults. Any Guarantor fails in any material respect to perform or observe any term, covenant or agreement in the Guaranty; or 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; , or any Guarantor, the Guarantor or any other Person by, through or on behalf of any Guarantor, contests in any manner the validity or enforceability of the Guaranty thereof or denies that such Guarantor it has any further liability or obligation thereunder.; or any event described at subsections (f) or (g) of this Section occurs with respect to any Guarantor; or

Appears in 1 contract

Samples: Credit Agreement (Motivepower Industries Inc)

Guarantor Defaults. Any Guarantor fails in any material respect to perform or observe any term, covenant or agreement in the its Guaranty; or the any 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; , or any Guarantor, such Guarantor or any other Person by, through or on behalf of any Guarantor, contests in any manner the validity or enforceability of the Guaranty thereof or denies that such Guarantor it has any further liability or obligation thereunder.; or any event described at subsections (f) or (g) of this Section occurs with respect to the Guarantor; or

Appears in 1 contract

Samples: Credit Agreement (Building Materials Holding Corp)

Guarantor Defaults. Any Guarantor fails The Guarantors fail in any material respect to perform or observe any term, covenant or agreement in the Guaranty; or 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; , or any Guarantor, the Guarantors or any other Person by, through or on behalf of any Guarantor, contests in any manner the validity or enforceability of the Guaranty thereof or denies that such Guarantor it has any further liability or obligation thereunder.; or any event described at subsections (f) or (g) of this Section occurs with respect to either Guarantor; or

Appears in 1 contract

Samples: Credit Agreement (Ns Group Inc)

Guarantor Defaults. Any Guarantor fails in any material respect to perform or observe any term, covenant or agreement in the its Guaranty; or the any 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; , or any Guarantor, Guarantor or any other Person by, through or on behalf of any Guarantor, contests in any manner the validity or enforceability of the Guaranty thereof or denies that such Guarantor it has any further liability or obligation thereunder.; or any event described at subsections (f) or (g) of this Section occurs with respect to any Guarantor; or

Appears in 1 contract

Samples: Security Agreement (Arbitron Inc)

Guarantor Defaults. Any The Guarantor fails shall fail in any material respect to perform or observe any term, covenant or agreement in the Guaranty; , or the Guaranty is shall for any reason be partially (including with respect to future advances) or wholly revoked or invalidated, or otherwise ceases cease to be in full force and effect; , or any Guarantor, the Guarantor or any other Person by, through or on behalf of any Guarantor, contests shall contest in any manner the validity or enforceability of the Guaranty thereof or denies deny that such Guarantor it has any further liability or obligation thereunder.

Appears in 1 contract

Samples: Credit Agreement (Smithway Motor Xpress Corp)

Guarantor Defaults. Any A Guarantor fails in any material respect to perform or observe any term, covenant or agreement in the its Guaranty; or the a 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; or any Guarantor, or any other Person by, through or on behalf of any Guarantor, a Guarantor contests in any manner the validity or enforceability of the Guaranty thereof or denies that such Guarantor it has any further liability or obligation thereunder., or any event described at subsections (f) or (g) of this Section occurs with respect to a Guarantor; or

Appears in 1 contract

Samples: Multicurrency Credit Agreement (C P Clare Corp)

Guarantor Defaults. Any Guarantor fails in any material respect to perform or observe any term, covenant or agreement in the Guaranty; or the any 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; , or any Guarantor, Guarantor or any other Person by, through or on behalf of any Guarantor, contests in any manner the validity or enforceability of the Guaranty thereof or denies that such Guarantor it has any further liability or obligation thereunder.; or

Appears in 1 contract

Samples: Credit Agreement (Katy Industries Inc)

Guarantor Defaults. Any Guarantor fails in any material respect to perform or observe ------------------ any term, covenant or agreement in the any Guaranty; or the any 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; or any Guarantor, or any other Person by, through or on behalf of any Guarantor, Guarantor contests in any manner the validity or enforceability of the Guaranty thereof or denies that such Guarantor it has any further liability or obligation thereunder.

Appears in 1 contract

Samples: Loan and Security Agreement (Material Sciences Corp)

Guarantor Defaults. Any Guarantor fails in any material respect to perform or observe any term, covenant or agreement in the its Guaranty; or the any 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; , or any Guarantor, Guarantor or any other Person by, through or on behalf of any Guarantor, contests in any manner the validity or enforceability of the Guaranty thereof or denies that such Guarantor it has any further liability or obligation thereunder; or any event described at subsections (f) or (g) of this Section occurs with respect to any Guarantor.

Appears in 1 contract

Samples: Credit Agreement (Weatherford Enterra Inc)

Guarantor Defaults. Any Guarantor fails in any material respect to perform or observe any term, covenant or agreement in the Guarantyits guaranty; or the Guaranty such guaranty is for any reason partially (including with respect to future advancesextensions of credit) or wholly revoked or invalidated, or otherwise ceases to be in full force and effect; or any Guarantor, or any Guarantor or any other Person by, through or on behalf of any Guarantor, person contests in any manner the validity or enforceability of the Guaranty thereof or denies that such Guarantor it has any further liability or obligation thereunder.

Appears in 1 contract

Samples: Letter of Credit Agreement (Williams Sonoma Inc)

Guarantor Defaults. Any Guarantor fails in any material respect to perform or observe any material term, covenant or agreement in the Guaranty; or 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; , or any Guarantor, Guarantor or any other Person by, through or on behalf of any Guarantor, contests in any manner the validity or enforceability of the Guaranty thereof or denies that such Guarantor it has any further liability or obligation thereunder; or any event described in Section 8.1(f) or (g) occurs with respect to any Guarantor.

Appears in 1 contract

Samples: Credit Agreement (Trylon Corp/Mi/)

Guarantor Defaults. Any Guarantor fails in any material respect to perform or observe any term, covenant or agreement contained in the any Guaranty; or the any term, covenant or agreement in any Guaranty is for any reason partially (including with respect to future advances) or wholly revoked or invalidatedinvalidated by any Guarantor, or any Guaranty otherwise ceases to be in full force and effect; , or any Guarantor, Guarantor or any other Person by, through or on behalf of any Guarantor, contests in any manner the validity or enforceability of the Guaranty or denies that such Guarantor has any further liability or obligation thereunder.contests

Appears in 1 contract

Samples: Security Agreement (California Microwave Inc)

Guarantor Defaults. Any The Guarantor fails in any ------------------ material respect to perform or observe any term, covenant or agreement in the Guaranty; or 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; , or any Guarantor, the Guarantor or any other Person by, through or on behalf of any Guarantor, contests in any manner the validity or enforceability of the Guaranty thereof or denies that such Guarantor it has any further liability or obligation thereunder.;

Appears in 1 contract

Samples: Security Agreement (Micron Technology Inc)

Guarantor Defaults. Any Guarantor fails shall fail in any material respect to perform or observe any term, covenant or agreement in the Master Guaranty; or the Master Guaranty is shall for any reason be partially (including with respect to future advances) or wholly revoked or invalidated, or otherwise ceases cease to be in full force and effect; , or any Guarantor, Guarantor or any other Person by, through or on behalf of any Guarantor, contests shall contest in any manner the validity or enforceability of the Guaranty thereof or denies deny that such Guarantor it has any further liability or obligation thereunder.; or

Appears in 1 contract

Samples: Term Credit Agreement (Aecom Technology Corp)

Guarantor Defaults. Any The Guarantor fails in any material respect ------------------ to perform or observe any term, covenant or agreement in the Guaranty; or 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; , or any Guarantor, the Guarantor or any other Person by, through or on behalf of any Guarantor, contests in any manner the validity or enforceability of the Guaranty thereof or denies that such Guarantor it has any further liability or obligation thereunder.

Appears in 1 contract

Samples: Security Agreement (Micron Technology Inc)

Guarantor Defaults. Any Guarantor fails in any material respect to perform or observe any term, covenant or agreement in the its Guaranty; or the any 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; , or any Guarantor, the Guarantor or any other Person by, through or on behalf of any Guarantor, contests in any manner the validity or enforceability of the Guaranty or denies that such Guarantor has any further liability or obligation thereunder.in

Appears in 1 contract

Samples: Credit Agreement (Eps Solutions Corp)

Guarantor Defaults. Any Guarantor fails in any material respect ------------------ to perform or observe any term, covenant or agreement in the Guaranty; or 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; , or any Guarantor, Guarantor or any other Person by, through or on behalf of any Guarantor, contests in any manner the validity or enforceability of the Guaranty thereof or denies that such Guarantor it has any further liability or obligation thereunder.; or any event described at Sections (f) or (g) of this Section occurs with respect to any Guarantor; or

Appears in 1 contract

Samples: Pledge Agreement (Cb Richard Ellis Services Inc)

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Guarantor Defaults. Any Guarantor fails in any material respect to perform or observe any term, covenant or agreement in the Guaranty; or 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 (other than as a result of a transaction permitted hereunder); or any Guarantor, or any other Person by, through or on behalf of any Guarantor, Guarantor contests in any manner the validity or enforceability of the Guaranty or denies that such Guarantor it has any further liability or obligation thereunder; or any event described at Section 9.1.6 or 9.1.7 occurs with respect to any Guarantor.

Appears in 1 contract

Samples: Assignment Agreement (Briggs & Stratton Corp)

Guarantor Defaults. Any Guarantor fails in any material respect to ------------------ perform or observe any term, covenant or agreement in the Guaranty; or 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; , or any Guarantor, Guarantor or any other Person by, through or on behalf of any Guarantor, contests in any manner the validity or enforceability of the Guaranty thereof or denies that such Guarantor it has any further liability or obligation thereunder.; or any event described at Sections (f) or (g) of this Section occurs with respect to any Guarantor; or

Appears in 1 contract

Samples: Pledge Agreement (Cb Commercial Real Estate Services Group Inc)

Guarantor Defaults. Any Guarantor fails in any material respect to perform or observe any term, covenant or agreement in the Guaranty; or 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; , or any Guarantor, Guarantor or any other Person by, through or on behalf of any Guarantor, contests in any manner the validity or enforceability of the Guaranty thereof or denies that such Guarantor it has any further liability or obligation thereunder.; or any event described at Sections (f) or (g) of this Section occurs with respect to any Guarantor; or

Appears in 1 contract

Samples: Credit Agreement (Cb Richard Ellis Services Inc)

Guarantor Defaults. Any Guarantor fails in any material respect to perform or observe any term, covenant or agreement in the any Guaranty; or the any 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; , or any Guarantor, Guarantor or any other Person by, through or on behalf of any Guarantor, contests in any manner the validity or enforceability of the Guaranty thereof or denies that such Guarantor it has any further liability or obligation thereunder; or any event described at subsections (f) or (g) of this Section occurs with respect to any Guarantor.

Appears in 1 contract

Samples: Credit Agreement (Gymboree Corp)

Guarantor Defaults. Any Guarantor fails in any material respect to perform or observe any term, covenant or agreement in the Guaranty; Guaranty or 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; , or any Guarantor, Guarantor or any other Person by, through or on behalf of any Guarantor, contests in any manner the validity or enforceability of the Guaranty thereof or denies that such Guarantor it has any further liability or obligation thereunder.; or any event described at clauses (f) or (g) of this Section occurs with respect to such Guarantor; or

Appears in 1 contract

Samples: Credit Agreement (Abc Naco Inc)

Guarantor Defaults. Any Guarantor fails shall fail in any material respect to perform or observe any term, covenant or agreement in the GuarantyGuaranty to which it is a party; or the any Guaranty is shall for any reason be partially (including with respect to future advances) or wholly revoked or invalidated, or otherwise ceases cease to be in full force and effect; effect (except in accordance 66 76 with its terms), or any Guarantor, Guarantor or any other Person by, through or on behalf of any Guarantor, contests shall contest in any manner the validity or enforceability of the Guaranty thereof or denies deny that such Guarantor it has any further liability or obligation thereunder.

Appears in 1 contract

Samples: Credit Agreement (Granite Construction Inc)

Guarantor Defaults. Any Guarantor fails in any material respect to perform or observe any term, covenant or agreement in the its Guaranty; or the Guaranty of Guarantor 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; , or any Guarantor, Guarantor or any other Person by, through or on behalf of any Guarantor, contests in any manner the validity or enforceability of the Guaranty thereof or denies that such Guarantor it has any further liability or obligation thereunder.

Appears in 1 contract

Samples: Short Term Credit Agreement (Montgomery Ward Holding Corp)

Guarantor Defaults. Any Guarantor fails in any material respect to perform or observe any term, covenant or agreement in the Guaranty; its Guaranty or the any 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; , or any Guarantor, Guarantor or any other Person by, through or on behalf of any Guarantor, contests in any manner the validity or enforceability of the Guaranty thereof or denies that such Guarantor it has any further liability or obligation thereunder; or any event described at subsections (f) or (g) of this Section occurs with respect to any Guarantor.

Appears in 1 contract

Samples: Credit Agreement (Med E America Corp)

Guarantor Defaults. Any The Guarantor fails shall fail in any material respect to perform or observe any term, covenant or agreement herein or in the Guaranty; or the Guaranty is shall for any reason be partially (including with respect to future advances) or wholly revoked or invalidated, or otherwise ceases cease to be in full force and effect; , or any Guarantor, the Guarantor or any other Person by, through or on behalf of any Guarantor, contests shall contest in any manner the validity or enforceability of the Guaranty thereof or denies deny that such Guarantor it has any further liability or obligation thereunder.;

Appears in 1 contract

Samples: Credit Agreement (Pittston Co)

Guarantor Defaults. Any Guarantor fails in any material respect to perform or observe any term, covenant or agreement in the Guaranty; or 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; or any Guarantor, or any other Person by, through or on behalf of any Guarantor, Guarantor contests in any manner the validity or enforceability of the Guaranty thereof or denies that such Guarantor it has any further liability or obligation thereunder.; or

Appears in 1 contract

Samples: Credit Agreement (Us Home & Garden Inc)

Guarantor Defaults. Any Guarantor fails in any material respect to perform or observe any term, covenant or agreement in the GuarantyGuaranty executed by such Guarantor; or the any Guaranty is for any reason (other than satisfaction in full of all Obligations and the termination of the Commitments) partially (including with respect to future advances) or wholly revoked or invalidated, or otherwise ceases to be in full force and effect; effect in any material respect, or any Guarantor, Guarantor or any other Person by, through or on behalf of any Guarantor, contests in any manner the validity or enforceability of the Guaranty thereof or denies that such Guarantor it has any further liability or obligation thereunder.

Appears in 1 contract

Samples: Credit Agreement (Copano Energy, L.L.C.)

Guarantor Defaults. Any Guarantor fails in any material respect to perform or observe any term, covenant or agreement in the Guaranty; or 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; or any Guarantor, or any other Person by, through or on behalf of any Guarantor, contests in any manner the validity or enforceability of the Guaranty or denies that such Guarantor has any further liability or obligation thereunder.; or

Appears in 1 contract

Samples: Subordinated Note and Warrant Purchase Agreement (Air Cure Technologies Inc /De)

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