Common use of Guaranty of Guaranteed Obligations of Borrower Clause in Contracts

Guaranty of Guaranteed Obligations of Borrower. Each Guarantor hereby jointly and severally unconditionally guarantees to Agent and Lenders, and their respective successors, endorsees, transferees and assigns, the prompt payment (whether at stated maturity, by acceleration or otherwise) and performance of the Obligations of Borrower (hereinafter the "GUARANTEED OBLIGATIONS"). Guarantors agree that this Guaranty is a guaranty of payment and performance and not of collection, and that their obligations under this Guaranty shall be primary, absolute and unconditional, irrespective of, and unaffected by:

Appears in 3 contracts

Samples: Intercreditor Agreement (RadNet, Inc.), Guaranty (Primedex Health Systems Inc), Intercreditor Agreement (Primedex Health Systems Inc)

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Guaranty of Guaranteed Obligations of Borrower. Each Guarantor hereby jointly and severally unconditionally guarantees to Agent and Lenders, and their respective successors, endorsees, transferees and assigns, the prompt payment (whether at stated maturity, by acceleration or otherwise) and performance of the Obligations of Borrower (hereinafter the "GUARANTEED OBLIGATIONSGuaranteed Obligations"). Guarantors agree that this Guaranty is a guaranty of payment and performance and not of collection, and that their obligations under this Guaranty shall be primary, absolute and unconditional, irrespective of, and unaffected by:

Appears in 3 contracts

Samples: Guaranty (Renaissance Cosmetics Inc /De/), Subsidiary Guaranty (Baldwin Piano & Organ Co /De/), Finlay Enterprises Inc /De

Guaranty of Guaranteed Obligations of Borrower. Each Guarantor hereby jointly and severally unconditionally guarantees to Agent and Lenders, and their respective successors, endorsees, transferees and assigns, the prompt payment (whether at stated maturity, by acceleration or otherwise) and performance of the Obligations of Borrower (hereinafter the "GUARANTEED OBLIGATIONS"“Guaranteed Obligations”). Guarantors agree Guarantor agrees that this Guaranty is a guaranty of payment and performance and not of collection, and that their its obligations under this Guaranty shall be primary, absolute and unconditional, irrespective of, and unaffected by:

Appears in 3 contracts

Samples: Guaranty (Pacira Pharmaceuticals, Inc.), Guaranty (Salient Surgical Technologies, Inc.), Guaranty (Salient Surgical Technologies, Inc.)

Guaranty of Guaranteed Obligations of Borrower. Each Guarantor hereby jointly and severally unconditionally guarantees to Agent and Lenders, and their respective successors, endorsees, transferees and assigns, the prompt payment (whether at stated maturity, by acceleration or otherwise) and performance of the Obligations of Borrower (hereinafter the "GUARANTEED OBLIGATIONS"“Guaranteed Obligations”). Guarantors agree that this Guaranty is a guaranty of payment and performance and not of collection, and that their obligations under this Guaranty shall be primary, absolute and unconditional, irrespective of, and unaffected by:

Appears in 2 contracts

Samples: Credit Agreement (Curative Health Services Inc), Guaranty (Synta Pharmaceuticals Corp)

Guaranty of Guaranteed Obligations of Borrower. Each Guarantor hereby jointly and severally unconditionally guarantees to Agent and Lenders, and their respective successors, endorsees, transferees and assigns, the prompt payment (whether at stated maturity, by acceleration or otherwise) and performance of the Obligations of Borrower (other than such Person’s own Obligations under the Credit Agreement) (hereinafter the "GUARANTEED OBLIGATIONS"“Guaranteed Obligations”). Guarantors agree Each Guarantor agrees that this Guaranty is a guaranty of payment and performance and not of collection, and that their its obligations under this Guaranty shall be primary, absolute and unconditional, irrespective of, and unaffected by:

Appears in 1 contract

Samples: Guaranty (Neff Finance Corp.)

Guaranty of Guaranteed Obligations of Borrower. Each Guarantor hereby jointly and severally unconditionally guarantees to Agent and LendersLender, and their respective its successors, endorsees, transferees and assigns, the prompt payment (whether at stated maturity, by acceleration or otherwise) and performance of his Pro Rate Percentage (as such term is hereinafter defined) of the Obligations of Borrower (hereinafter the "GUARANTEED OBLIGATIONSGuaranteed Obligations"). Guarantors agree that this Guaranty is a guaranty of payment and performance and not of collection, and that their obligations under this Guaranty shall be primary, absolute and unconditional, irrespective of, and unaffected by:

Appears in 1 contract

Samples: Stock Purchase Agreement (Cellstar Corp)

Guaranty of Guaranteed Obligations of Borrower. Each Guarantor hereby jointly and severally unconditionally guarantees to Agent and Lenders, and their respective successors, endorsees, transferees and assigns, to but not including the Release Date (as defined below), the prompt payment (whether at stated maturity, by acceleration or otherwise) and performance of the Obligations of Borrower (hereinafter the "GUARANTEED OBLIGATIONS"“Guaranteed Obligations”). Guarantors agree Guarantor agrees that this Guaranty is a guaranty of payment and performance and not of collection, and that their its obligations under this Guaranty shall be primary, absolute and unconditional, irrespective of, and unaffected by:

Appears in 1 contract

Samples: Reading Guaranty Agreement (Reading International Inc)

Guaranty of Guaranteed Obligations of Borrower. Each Guarantor hereby jointly and severally unconditionally guarantees to Agent and Lenders, and their respective successors, endorsees, transferees and assigns, the prompt payment (whether at stated maturity, by acceleration or otherwise) and performance of the Obligations of Borrower (hereinafter the "GUARANTEED OBLIGATIONS"“Guaranteed Obligations”). Guarantors agree Guarantor agrees that this Guaranty is a guaranty of payment and performance and not of collection, and that their Guarantor’s obligations under this Guaranty shall be primary, absolute and unconditional, irrespective of, and unaffected by:

Appears in 1 contract

Samples: Security Agreement (Curative Health Services Inc)

Guaranty of Guaranteed Obligations of Borrower. Each The Guarantor hereby jointly and severally unconditionally guarantees to Agent and Lenders, and their respective successors, endorsees, transferees and assigns, the prompt payment (whether at stated maturity, by acceleration or otherwise) and performance of the Obligations of Borrower Borrowers (hereinafter the "GUARANTEED OBLIGATIONS"“Guaranteed Obligations”). Guarantors agree Guarantor agrees that this Guaranty is a guaranty of payment and performance and not of collection, and that their its obligations under this Guaranty shall be primary, absolute and unconditional, irrespective of, and unaffected by:

Appears in 1 contract

Samples: Credit Facility Guaranty Agreement (Euronet Worldwide Inc)

Guaranty of Guaranteed Obligations of Borrower. Each Guarantor hereby jointly and severally unconditionally guarantees to Agent Lender and Lenders, and their its respective successors, endorsees, transferees and assigns, the prompt payment (whether at stated maturity, by acceleration or otherwise) and performance of the Obligations of Borrower (hereinafter the "GUARANTEED OBLIGATIONS"“Guaranteed Obligations”). Guarantors agree that this Guaranty is a guaranty of payment and performance and not of collection, and that their obligations under this Guaranty shall be primary, absolute and unconditional, irrespective of, and unaffected by:

Appears in 1 contract

Samples: Guaranty (Newtek Business Services Inc)

Guaranty of Guaranteed Obligations of Borrower. Each Corporate Guarantor hereby jointly absolutely, unconditionally and severally unconditionally irrevocably guarantees to Administrative Agent for the ratable benefit of the Lenders and Lenders, Issuing Banks and their respective successors, endorsees, transferees and assigns, the prompt payment (whether at stated maturity, by acceleration or otherwise) and performance of the Obligations of Borrower (hereinafter the "GUARANTEED OBLIGATIONS")Obligations. Guarantors agree Each Corporate Guarantor agrees that this Guaranty is a guaranty of payment and performance and not of collection, and that their its obligations under this Guaranty shall be primary, absolute and unconditional, irrespective of, and unaffected by:

Appears in 1 contract

Samples: Loan and Security Agreement (Comforce Operating Co)

Guaranty of Guaranteed Obligations of Borrower. Each Subject to Section 9 hereof, Guarantor hereby jointly and severally unconditionally guarantees to Agent and Lenders, and their respective successors, endorsees, transferees and assigns, the prompt payment (whether at stated maturity, by acceleration or otherwise) and performance of the Obligations of Borrower under the Loan Agreement and the other Loan Documents (hereinafter the "GUARANTEED OBLIGATIONS"“Guaranteed Obligations”). Guarantors agree Guarantor agrees that this Guaranty is a guaranty of payment and performance and not of collection, and that their Guarantor’s obligations under this Guaranty shall be primary, absolute and unconditional, irrespective of, and unaffected by:

Appears in 1 contract

Samples: Limited Guaranty Agreement (Innotrac Corp)

Guaranty of Guaranteed Obligations of Borrower. Each Guarantor hereby jointly and severally unconditionally guarantees to Agent and Lenders, and their respective successors, endorsees, transferees and assigns, the prompt payment when due (whether at stated maturity, by acceleration or otherwise) and performance of the Obligations of Borrower (hereinafter the "GUARANTEED OBLIGATIONSGuaranteed Obligations"). Guarantors agree Guarantor agrees that this Guaranty is a guaranty of payment and performance and not of collection, and that their its obligations under this Guaranty shall be primary, absolute and unconditional, irrespective of, and unaffected by:

Appears in 1 contract

Samples: Guaranty (United Shipping & Technology Inc)

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Guaranty of Guaranteed Obligations of Borrower. Each Guarantor hereby jointly and severally unconditionally guarantees to Agent and Lenders, and their respective successors, endorsees, transferees and assigns, the prompt payment (whether at stated maturity, by acceleration or otherwise) and performance of the Obligations of Borrower other than Litigation Obligations (hereinafter the "GUARANTEED OBLIGATIONSGuaranteed Obligations"). Guarantors agree Guarantor agrees that this Guaranty is a guaranty of payment and performance and not of collection, and that their its obligations under this Guaranty shall be primary, absolute and unconditional, irrespective of, and unaffected by:

Appears in 1 contract

Samples: Guaranty (Code Alarm Inc)

Guaranty of Guaranteed Obligations of Borrower. Each Guarantor hereby jointly and severally unconditionally guarantees to Agent and Lenders, and their respective successors, endorsees, transferees and assigns, the prompt payment (whether at stated maturity, by acceleration or otherwise) and performance of the Secured Obligations of Borrower (hereinafter the "GUARANTEED OBLIGATIONS"“Guaranteed Obligations”). Guarantors agree Guarantor agrees that this Guaranty is a guaranty of payment and performance and not of collection, and that their its obligations under this Guaranty shall be primary, absolute and unconditional, irrespective of, and unaffected by:

Appears in 1 contract

Samples: Guaranty (St Cloud Capital Partners Lp)

Guaranty of Guaranteed Obligations of Borrower. Each Guarantor ------------------------------------------------- hereby jointly and severally unconditionally guarantees to Agent and Lenders, and their respective successors, endorsees, transferees and assigns, the prompt payment (whether at stated maturity, by acceleration or otherwise) and performance of the Obligations of Borrower Borrowers (hereinafter the "GUARANTEED OBLIGATIONSGuaranteed Obligations"). Guarantors agree that this Guaranty is a guaranty of payment and performance and not of collection, and that their obligations under this Guaranty shall be primary, absolute and unconditional, irrespective of, and unaffected by:

Appears in 1 contract

Samples: Guaranty (American Eco Corp)

Guaranty of Guaranteed Obligations of Borrower. Each Guarantor hereby jointly and severally unconditionally guarantees to Agent the Lender and Lenders, and their respective its successors, endorsees, transferees and assigns, the prompt payment (whether at stated maturity, by acceleration or otherwise) and performance of the Obligations of Borrower (hereinafter the "GUARANTEED OBLIGATIONS"“Guaranteed Obligations”). Guarantors agree Each Guarantor agrees that this Guaranty is a guaranty of payment and performance and not of collection, and that their its obligations under this Guaranty shall be primary, absolute and unconditional, irrespective of, and and, to the extent permitted by law, unaffected by:

Appears in 1 contract

Samples: Credit Agreement (iFresh Inc)

Guaranty of Guaranteed Obligations of Borrower. Each Guarantor hereby jointly and severally unconditionally guarantees to Agent and LendersLender, and their respective successors, endorsees, transferees and assigns, the prompt payment (whether at stated maturity, by acceleration or otherwise) and performance of the Obligations of Borrower Borrowers (hereinafter the "GUARANTEED OBLIGATIONS"“Guaranteed Obligations”). Guarantors agree that this Guaranty is a guaranty of payment and performance and not of collection, and that their obligations under this Guaranty shall be primary, absolute and unconditional, irrespective of, and unaffected by:

Appears in 1 contract

Samples: Holding Company Guaranty (Ensign Group, Inc)

Guaranty of Guaranteed Obligations of Borrower. Each Guarantor hereby jointly and severally unconditionally guarantees to Administrative Agent and Lenders, and their respective successors, endorsees, transferees and assigns, the prompt payment (whether at stated maturity, by acceleration or otherwise) and performance of the Obligations obligations of Borrower under the Credit Agreement (hereinafter the "GUARANTEED OBLIGATIONS"“Guaranteed Obligations”). Guarantors agree that this Guarantor shall be regarded, and shall be in the same position, as principal debtor with respect to the Guaranteed Obligations. This Guaranty is a guaranty of payment and performance and not of collection, and that their Guarantor’s obligations under this Guaranty shall be primary, absolute and unconditional, irrespective of, and unaffected by:

Appears in 1 contract

Samples: Guaranty (RGC Resources Inc)

Guaranty of Guaranteed Obligations of Borrower. Each Guarantor hereby hereby, jointly and severally severally, unconditionally guarantees to Agent and LendersLender, and their respective its successors, endorsees, transferees and assigns, the prompt payment (whether at stated maturity, by acceleration or otherwise) and performance of the Obligations of Borrower Borrowers (hereinafter the "GUARANTEED OBLIGATIONS"“Guaranteed Obligations”). Guarantors agree that this Guaranty is a guaranty of payment and performance and not of collection, and that their obligations under this Guaranty shall be primary, absolute and unconditional, irrespective of, and unaffected by:

Appears in 1 contract

Samples: Guaranty (Asta Funding Inc)

Guaranty of Guaranteed Obligations of Borrower. Each Guarantor hereby jointly and severally unconditionally guarantees to Agent and Lenders, and their respective successors, endorsees, transferees and assigns, the prompt payment (whether at stated maturity, by acceleration or otherwise) and performance of the Obligations of Borrower (hereinafter the "GUARANTEED OBLIGATIONSGuaranteed Obligations"). Guarantors agree Guarantor agrees that this Guaranty is a guaranty of payment and performance and not of collection, and that their its obligations under this Guaranty shall be primary, absolute and unconditional, irrespective of, and unaffected by:

Appears in 1 contract

Samples: Code Alarm Inc

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