Common use of Guaranty Obligations Clause in Contracts

Guaranty Obligations. Any Guarantor shall default in the performance or observance of its guarantee hereunder, or such guarantee for any reason whatsoever shall cease to be a valid and binding obligation of any such Guarantor, or any such Guarantor shall so assert.

Appears in 7 contracts

Samples: Credit Agreement (Cti Inc /Tn), Credit Agreement (America Service Group Inc /De), Credit Agreement (America Service Group Inc /De)

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Guaranty Obligations. Any Guarantor shall default in the performance or observance of its guarantee hereunderunder the Guaranty, or such guarantee for any reason whatsoever shall cease to be a valid and binding obligation of any such Guarantor, or any such Guarantor shall so assert.

Appears in 1 contract

Samples: Credit Agreement (I Trax Inc)

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