Common use of Guaranty and Agreement to be Primarily Obligated Clause in Contracts

Guaranty and Agreement to be Primarily Obligated. Guarantor hereby irrevocably and unconditionally guarantees to Lender and its successors and assigns the payment and performance of the Guaranteed Obligations as and when the same shall be due and payable, whether by lapse of time, by acceleration of maturity or otherwise. Guarantor hereby irrevocably and unconditionally covenants and agrees that Guarantor is liable for the Guaranteed Obligations as a primary obligor.

Appears in 1 contract

Samples: Guaranty (Inland Real Estate Income Trust, Inc.)

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Guaranty and Agreement to be Primarily Obligated. Guarantor hereby irrevocably and unconditionally guarantees to Lender Secured Parties and its their successors and assigns the prompt payment and performance of the Guaranteed Obligations as and when the same shall be due and payablepayable under the Loan Documents, whether by lapse of time, by acceleration of maturity or otherwise. Guarantor hereby irrevocably and unconditionally covenants and agrees that Guarantor is liable for the Guaranteed Obligations as a primary obligor and not secondary obligor.

Appears in 1 contract

Samples: Credit Agreement (CBL & Associates Properties Inc)

Guaranty and Agreement to be Primarily Obligated. Guarantor hereby irrevocably and unconditionally unconditionally, jointly and severally, guarantees to Lender and its successors and assigns the payment and performance of the Guaranteed Obligations as and when the same shall be due and payable, whether by lapse of time, by acceleration of maturity or otherwise. Guarantor hereby irrevocably and unconditionally covenants and agrees that Guarantor is liable for the Guaranteed Obligations as a primary obligor.

Appears in 1 contract

Samples: Guaranty (IMH Financial Corp)

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Guaranty and Agreement to be Primarily Obligated. Subject to the provisions of Section 1.13, Guarantor hereby irrevocably and unconditionally unconditionally, jointly and severally, guarantees to Lender and its successors and assigns the payment and performance of the Guaranteed Obligations as and when the same shall be due and payable, whether by lapse of time, by acceleration of maturity or otherwise. Guarantor hereby irrevocably and unconditionally covenants and agrees that Guarantor is liable for the Guaranteed Obligations Debt as a primary obligor.

Appears in 1 contract

Samples: Guaranty (IMH Financial Corp)

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