Guaranty of Collection and Not of Payment. Notwithstanding any other provision of this Agreement, this Agreement is a guaranty of collection and not of payment, and the Parent Guarantor shall not be obligated to make any payment:
Appears in 6 contracts
Samples: www.sec.gov, Guaranty of Collection (PBF Energy Inc.), Guaranty of Collection (PBF Energy Inc.)
Guaranty of Collection and Not of Payment. Notwithstanding any other provision of this Agreement, this Agreement is a guaranty of collection and not of payment, and the Parent Guarantor shall not be obligated to make any paymentpayment with respect to the Guaranteed Obligations until each of the following is true:
Appears in 2 contracts
Samples: Guaranty of Collection (PBF Energy Inc.), Guaranty of Collection (PBF Holding Co LLC)
Guaranty of Collection and Not of Payment. Notwithstanding any other provision of this Agreement, this This Agreement is a guaranty of collection only and not of payment, and the Parent Guarantor shall not be obligated to make any paymentpayment hereunder until each of the following has been satisfied:
Appears in 1 contract
Samples: Guaranty of Collection (Sinclair Broadcast Group Inc)