Common use of Guarantors as Principal Debtors Clause in Contracts

Guarantors as Principal Debtors. Each Guarantor undertakes, as an independent primary obligation, that it shall pay to each Bondholder promptly on demand sums sufficient to indemnify each Bondholder against any loss sustained by such Bondholder by reason of:

Appears in 2 contracts

Samples: Lease Agreement (Alvotech Lux Holdings S.A.S.), Lease Agreement (Alvotech Lux Holdings S.A.S.)

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Guarantors as Principal Debtors. Each Guarantor undertakesagrees, as an independent primary obligation, that it shall pay to each Bondholder promptly the Trustee on demand sums sufficient to indemnify the Trustee and each Bondholder Noteholder and Couponholder against any loss sustained by the Trustee or such Bondholder Noteholder or Couponholder by reason of:

Appears in 2 contracts

Samples: Agency Agreement (Georgia Worldwide PLC), Agency Agreement (Georgia Worldwide PLC)

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