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

Guaranty of Guaranteed Obligations of Borrowers. 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 Borrowers (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: Pledge Agreement (Brightpoint Inc), Ddi Corp, Ddi Corp

AutoNDA by SimpleDocs

Guaranty of Guaranteed Obligations of Borrowers. 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 Borrowers (hereinafter the "Guaranteed Obligations"). Guarantors agree Each Guarantor agrees 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: Subsidiary Guaranty (Westaff Inc)

Guaranty of Guaranteed Obligations of Borrowers. 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 Borrowers (hereinafter the "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: Parent Guaranty (Westaff Inc)

Guaranty of Guaranteed Obligations of Borrowers. Each Guarantor hereby jointly and severally unconditionally guarantees to Administrative Agent and Lendersfor the ratable benefit of the Revolver Secured Parties, and their respective successors, endorsees, transferees and assigns, the prompt payment (whether at stated maturity, by acceleration or otherwise) and performance of the Revolving Obligations of Borrowers (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 1 contract

Samples: Coffeyville Resources, Inc.

Guaranty of Guaranteed Obligations of Borrowers. Each Guarantor hereby jointly and severally unconditionally guarantees to Agent and Lenders, and their respective permitted successors, endorsees, transferees and assigns, the prompt payment (whether at stated maturity, by acceleration or otherwise) and performance of the Obligations of Borrowers (hereinafter the "Guaranteed Obligations")) and agrees to pay any and all expenses (including reasonable counsel fees and expenses) incurred by the Agent and Lenders in enforcing any rights under this Guaranty. 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 (Precision Partners Inc)

Guaranty of Guaranteed Obligations of Borrowers. Each Guarantor hereby jointly and severally unconditionally guarantees to Agent and LendersLender, 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 Borrowers each Borrower (hereinafter the "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: Ensign Guaranty (Ensign Group, Inc)

AutoNDA by SimpleDocs

Guaranty of Guaranteed Obligations of Borrowers. 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 Borrowers (hereinafter the "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 Borrowers. 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 Borrowers (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 1 contract

Samples: Guaranty (Ddi Corp)

Guaranty of Guaranteed Obligations of Borrowers. Each Guarantor hereby jointly and severally unconditionally guarantees to Term Agent and Lendersfor the ratable benefit of the Term Secured Parties, and their respective successors, endorsees, transferees and assigns, the prompt payment (whether at stated maturity, by acceleration or otherwise) and performance of the Term Obligations of Borrowers (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 1 contract

Samples: Coffeyville Resources, Inc.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!