Guarantor Payment Clause Samples
Guarantor Payment. If at any time payment is due pursuant to the Guaranty and the Servicer or the Administrative Agent informs a Guarantor of the same, such Guarantor shall within one (1) Business Day deposit the amount due (the “Guarantor Payment”) into the Collection Account for distribution in accordance with Section 2.7 or Section 2.8, as applicable. The Servicer shall keep records of the amount of Guaranty Payments made by each Guarantor and such amount shall be reflected in all Servicer Reports after the initial Guarantor Payment.
Guarantor Payment. Notwithstanding anything to the contrary contained herein, any payment due by Borrower under this Agreement may be made, but shall not be required to be made, by Guarantor on behalf of Borrower; provided that nothing in this Section 9.16 shall affect or limit the obligations of Guarantor and the Subsidiary Guarantors under the Guarantee.
Guarantor Payment. 14 GUARANTOR REIMBURSEMENTS....................................................14 GUARANTOR'S MONTHLY FEE.....................................................15
Guarantor Payment. Notwithstanding anything to the contrary contained herein, any payment due by Borrower under this Agreement may be made, but shall not be required to be made, by CME Guarantor or Guarantor on behalf of Borrower; provided that nothing in this Section 9.16 shall affect or limit the obligations of CME Guarantor under the CME Guarantee or Guarantor and the Subsidiary Guarantors under the Time Warner Guarantee.