Common use of Guaranty of Guaranteed Obligations Clause in Contracts

Guaranty of Guaranteed Obligations. Each Subsidiary Guarantor unconditionally guarantees to the Collateral Agent, jointly and severally with Holdings and the other Subsidiary Guarantors, as a primary obligor and not merely as a surety, the full and punctual payment and performance of, when due whether at stated maturity or otherwise (and in the currency due) of the Secured Obligations (as defined in the Collateral Agreement) (the “Guaranteed Obligations”) for the benefit of the Secured Parties. Each Subsidiary Guarantor further agrees that the Guaranteed Obligations may be extended or renewed, in whole or in part, without notice to or further assent from it, and that it will remain bound upon its guarantee notwithstanding any extension or renewal of any Guaranteed Obligation. Each Subsidiary Guarantor waives presentment to, demand of payment from and protest to the Borrower or any other Loan Party of any of the Guaranteed Obligations, and also waives notice of acceptance of its guarantee and notice of protest for nonpayment.

Guaranty of Guaranteed Obligations. Each Subsidiary Guarantor unconditionally guarantees to the Collateral AgentAdministrative Agent for the benefit of the Secured Parties, jointly and severally with Holdings and the other Subsidiary Guarantors, as a primary obligor and not merely as a surety, the full due and punctual payment and performance of, when due whether at stated maturity or otherwise (and in the currency due) of the Secured Obligations (as defined in the Collateral Agreement) (the “Guaranteed Obligations”) for ); provided that the benefit Guaranteed Obligations of the each Guarantor shall exclude any Obligations of such Guarantor as a counterparty or direct obligor under any Secured PartiesCash Management Agreement or Secured Hedge Agreement. Each Subsidiary Guarantor further agrees that the Guaranteed Obligations may be extended extended, renewed or renewedincreased, in whole or in part, without notice to or further assent from it, and that it will remain bound upon its guarantee notwithstanding any extension extension, renewal or renewal increase of any Guaranteed Obligation. Each Subsidiary Guarantor waives presentment to, demand of payment from and protest to the Borrower or any other Loan Party of any of the Guaranteed Obligations, and also waives notice of acceptance of its guarantee and notice of protest for nonpayment.

Guaranty of Guaranteed Obligations. Each Subsidiary Guarantor unconditionally guarantees to the Collateral Agent, jointly and severally with Holdings and the other Subsidiary Guarantors, as a primary obligor and not merely as a surety, the full and punctual payment and performance of, when due whether stated at stated maturity or otherwise (and in the currency due) of the Secured Obligations (as defined in the Collateral Agreement) (the “Guaranteed Obligations”) for the benefit of the Secured Parties. Each Subsidiary Guarantor further agrees that the Guaranteed Obligations may be extended or renewed, in whole or in part, without notice to or further assent from it, and that it will remain bound upon its guarantee notwithstanding any extension or renewal of any Guaranteed Obligation. Each Subsidiary Guarantor waives presentment to, demand of payment from and protest to the Borrower or any other Loan Party of any of the Guaranteed Obligations, and also waives notice of acceptance of its guarantee and notice of protest for nonpayment.