Guarantor's Obligation Sample Clauses

Guarantor's Obligation. The Guarantor, as primary obligor, guarantees to the Landlord that:
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Guarantor's Obligation. Subject to Clause 8.2, the Guarantor hereby irrevocably and unconditionally guarantees to the Noteholders and each of them as primary obligor the due and punctual payment by the Company of every sum due of principal and interest from the Company in respect of the Notes. As between the Guarantor and each of the Noteholders, the Guarantor shall be liable as if it were the principal debtor and if any obligation of the Company which is hereby guaranteed is void, voidable or unenforceable for any reason the Guarantor's obligations together with such rights (if any) as the Guarantor may have to be reimbursed by the Company shall not be affected. In this Clause 8, "the Company" shall include every debtor substituted for the Company pursuant to and in accordance with Clause 9.1 and every New Issuer which has issued New Loan Notes in exchange for the Notes pursuant to and in accordance with Clause 9.1 and references to the Notes include any New Loan Notes issued by a New Issuer pursuant to and in accordance with Clause 9.1 (and references to Noteholders shall be construed accordingly).
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Guarantor's Obligation. The Guarantor agrees with the Landlord that if there is any breach of the Tenant’s obligations in this licence:
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Guarantor's Obligation. The Guarantor agrees that its liability hereunder shall be as a sole and primary obligor and not merely as surety and that its liability is absolute and unconditional, and shall not be subject to any right of set-off or counterclaim and shall remain in full force and effect until the entire Secured Indebtedness shall have been paid in full.
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Guarantor's Obligation. Guarantor's obligations under this Guaranty are absolute and unconditional, shall remain in force until all Obligations have been paid and performed and shall not be released or discharged for any reason whatsoever prior to such payment and performance, including without limitation:
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Guarantor's Obligation. Subject to paragraph 3, Guarantor’s obligations under this Guaranty are absolute and unconditional, shall remain in force until all Obligations have been paid and shall not be released or discharged for any reason whatsoever prior to such payment, including without limitation: the extension of time for payment or performance of any Obligation or the amendment, extension or renewal of the Agreement or any Obligation, except that Guarantor shall have the benefit of any such extension, amendment or renewal granted by CPA to the same extent as Customer (e.g., if Customer’s time for payment of an Obligation has been extended, Guarantor shall have no obligation under this Guaranty to make payment of such Obligation until such time as Customer is required under the extension to make payment); any delay or failure by CPA to enforce or exercise any right or remedy under the Agreement, or waiver by CPA of any such right or remedy; any transfer, assignment or mortgaging by CPA of any interest in the Agreement or this Guaranty; the voluntary or involuntary liquidation, dissolution, sale or other disposition of all or substantially all the assets and liabilities, or the voluntary or involuntary receivership, insolvency, bankruptcy, assignment for the benefit of creditors, reorganization or other similar proceeding affecting Customer, or the disaffirmance of the Agreement in any such proceeding; any merger, consolidation or other reorganization to which Customer, Guarantor or any related entity is a party, or any direct or indirect sale or disposition of Guarantor’s or Customer’s assets or Guarantor’s direct or indirect ownership interest in Customer; or the existence, validity, enforceability, perfection, release, or extent of any collateral for such Obligations. CPA shall not be obligated to file any claim relating to the Obligations owing to it in the event that Customer becomes subject to a bankruptcy, reorganization, or a similar proceeding, and the failure of CPA to so file shall not affect Guarantor’s obligations hereunder.
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Related to Guarantor's Obligation

  • Guarantor’s Obligations Unconditional The obligations of each Guarantor under this Guaranty shall be primary, absolute and unconditional obligations of each Guarantor, shall not be subject to any counterclaim, set-off, deduction, diminution, abatement, recoupment, suspension, deferment, reduction or defense based upon any claim each Guarantor or any other person may have against the Company or any other person, and to the full extent permitted by applicable law shall remain in full force and effect without regard to, and shall not be released, discharged or in any way affected by, any circumstance or condition whatsoever (whether or not each Guarantor or the Company shall have any knowledge or notice thereof), including:

  • EVENTS AND CIRCUMSTANCES NOT REDUCING OR DISCHARGING GUARANTOR’S OBLIGATIONS Guarantor hereby consents and agrees to each of the following, and agrees that Guarantor’s obligations under this Guaranty shall not be released, diminished, impaired, reduced or adversely affected by any of the following, and waives any common law, equitable, statutory or other rights (including without limitation rights to notice) which Guarantor might otherwise have as a result of or in connection with any of the following:

  • Vendor’s Obligations Vendor shall incur no further obligations in connection with the terminated work and on the date set in the notice of termination Vendor will stop work to the extent specified. Vendor shall also terminate outstanding orders and subcontracts as they relate to the terminated work. Vendor shall settle the liabilities and claims arising out of the termination of subcontracts and orders connected with the terminated work. The MTC or designee may direct Vendor to assign Vendor’s right, title, and interest under terminated orders or subcontracts to the MTC. Vendor must still complete the work not terminated by the notice of termination and may incur obligations as are necessary to do so.

  • PLEDGORS’ OBLIGATIONS ABSOLUTE, ETC The obligations of each Pledgor under this Agreement shall be absolute and unconditional and shall remain in full force and effect without regard to, and shall not be released, suspended, discharged, terminated or otherwise affected by, any circumstance or occurrence whatsoever, including, without limitation: (i) any renewal, extension, amendment or modification of or addition or supplement to or deletion from any Secured Debt Agreement or any other instrument or agreement referred to therein, or any assignment or transfer of any thereof; (ii) any waiver, consent, extension, indulgence or other action or inaction under or in respect of any such agreement or instrument including, without limitation, this Agreement; (iii) any furnishing of any additional security to the Pledgee or its assignee or any acceptance thereof or any release of any security by the Pledgee or its assignee; (iv) any limitation on any party's liability or obligations under any such instrument or agreement or any invalidity or unenforceability, in whole or in part, of any such instrument or agreement or any term thereof; or (v) any bankruptcy, insolvency, reorganization, composition, adjustment, dissolution, liquidation or other like proceeding relating to any Pledgor or any Subsidiary of any Pledgor, or any action taken with respect to this Agreement by any trustee or receiver, or by any court, in any such proceeding, whether or not such Pledgor shall have notice or knowledge of any of the foregoing.

  • Pledgor's Obligations Not Affected The obligations of Pledgor hereunder shall remain in full force and effect without regard to, and shall not be impaired by: (a) any bankruptcy, insolvency, reorganization, arrangement, readjustment, composition, liquidation or the like of Pledgee; (b) any exercise or nonexercise, or any waiver, by Pledgee of any right, remedy, power or privilege under or in respect of the Obligations or any of any security therefor (including this Agreement); (c) any amendment to or modification of any instrument (other than this Agreement) securing any of the Obligations; or (d) the taking of additional security for, or any guaranty of, any of the Obligations or the release or discharge or termination of any security or guaranty for any of the Obligations; whether or not Pledgor shall have notice or knowledge of any of the foregoing.

  • Grantor’s Obligations Upon Default Upon the request of the Administrative Agent after the occurrence and during the continuance of an Event of Default, each Grantor will:

  • Contractor’s Obligations The Contractor shall fully and timely provide all deliverables described in the Solicitation and in the Contractor’s Offer in strict accordance with the terms, covenants, and conditions of the Contract and all applicable Federal, State, and local laws, rules, and regulations.

  • CONDITIONS TO COMPANY’S OBLIGATIONS HEREUNDER The obligations of the Company to the Investor hereunder are subject to the satisfaction of each of the following conditions, provided that these conditions are for the Company’s sole benefit and may be waived by the Company at any time in its sole discretion by providing the Investor with prior written notice thereof:

  • Licensors Obligations 4.5.1. Xxxxx the Licensee the right to use the intellectual property (the Service) as in the Agreement. Ensure 24/7 availability of the Service, apart from preventive maintenance time.

  • GUARANTOR'S WAIVERS Except as prohibited by applicable law. Guarantor waives any right to require Lender (A) to continue lending money or to extend other credit to Borrower; (B) to make any presentment, protest, demand, or notice of any kind, including notice of any nonpayment of the Indebtedness or of any nonpayment related to any collateral, or notice of any action or nonaction on the part of Borrower, Lender, any surety, endorser, or other guarantor in connection with the Indebtedness or in connection with the creation of new or additional loans or obligations; (C) to resort for payment or to proceed directly or at once against any person, including Borrower or any other guarantor; (D) to proceed directly against or exhaust any collateral held by Lender from Borrower, any other guarantor, or any other person; (E) to give notice of the terms, time, and place of any public or private sale of personal property security held by Lender from Borrower or to comply with any other applicable provisions of the Uniform Commercial Code; (F) to pursue any other remedy within Lender’s power; or (G) to commit any act or omission of any kind, or at any time, with respect to any matter whatsoever. Guarantor also waives any and all rights or defenses arising by reason of (A) any “one action” or “anti-deficiency” law or any other law which may prevent Lender from bringing any action, including a claim for deficiency, against Guarantor, before or after Lender’s commencement or completion of any foreclosure action, either judicially or by exercise of a power of sale; (B) any election of remedies by Lender which destroys or otherwise adversely affects Guarantor’s subrogation rights or Guarantor’s rights to proceed against Borrower for reimbursement, including without limitation, any loss of rights Guarantor may suffer by reason of any law limiting, qualifying, or discharging the Indebtedness; (C) any disability or other defense of Borrower, of any other guarantor, or of any other person, or by reason of the cessation of Borrower’s liability from COMMERCIAL GUARANTY

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