Guaranty of Loan Sample Clauses

Guaranty of Loan. Guarantor absolutely, unconditionally and irrevocably guaranties to Agent and the Lenders the full payment of the Indebtedness (as hereinafter defined), and unconditionally agrees to pay to Agent and the Lenders the full amount of the Indebtedness. This is a guaranty of payment, not of collection. If Borrower defaults in the payment when due of the Indebtedness or any part of it, Guarantor will in lawful money of the United States pay to Agent and the Lenders, on demand, all sums due and owing on the Indebtedness, including all interest, charges, fees and other sums, costs and expenses.
AutoNDA by SimpleDocs
Guaranty of Loan. Guarantor unconditionally guaranties to Bank the full ---------------- payment of and performance of Borrower's obligations in connection with the Loan, and unconditionally agrees to pay Bank the full amount of the Loan. This is a guaranty of payment, not of collection. If Borrower defaults in the payment when due of the Loan or any part of it, Guarantor shall in lawful money of the United States pay to Bank or order, on demand, all sums due and owing on the Loan, including all interest, charges, fees and other sums, costs and expenses.
Guaranty of Loan. (a) Guarantor absolutely, unconditionally and irrevocably guaranties to Agent and the Lenders the full payment and performance of the Guarantied Indebtedness and unconditionally agrees to pay to Agent and the Lenders the full amount of the Guarantied Indebtedness in accordance with this Guaranty. This is a guaranty of payment, not of collection. (b) If Acquisition Sub (i) fails to pay the Guarantied Indebtedness in full on the Scheduled Maturity Date thereof; (ii) fails to pay the Guarantied Indebtedness in full within ten (10) Business Days after acceleration of maturity thereof and demand for payment thereof by Agent to Acquisition Sub, other than as described in clause (iii) below, or (iii) fails to pay the Guarantied Indebtedness in full immediately upon acceleration of maturity thereof as a result of any Credit Agreement Event of Default described in Section 8.01(f) or 8.01(g) of the Acquisition Sub Credit Agreement (but only in the case of the occurrence of any of the events described therein with respect to the Acquisition Sub, the Operating Partnership or the REIT), Guarantor shall, in lawful money of the United States, pay to Agent and the Lenders, on demand, all sums due and owing on the Guarantied Indebtedness. If the amount outstanding under the Guarantied Indebtedness is determined by a court of competent jurisdiction or in any arbitration proceeding described in Section 10.17 of the Acquisition Sub Credit Agreement, that determination shall be conclusive and binding on Guarantor, regardless of whether Guarantor was a party to the proceeding in which the determination was made or not.
Guaranty of Loan. Guarantor absolutely, unconditionally and irrevocably guaranties to Agent and the Banks the full payment of the Facility, and unconditionally agrees to pay to Agent and the Banks the full amount of the Facility. This is a guaranty of payment, not of collection. If Company defaults in the payment when due of the Facility or any part of it, Guarantor shall in lawful money of the United States pay to Agent and the Banks, on demand, all sums due and owing on the Facility, including all interest, charges, fees and other sums, costs and expenses.
Guaranty of Loan. Guarantor unconditionally guaranties to Lender the full payment of the Loan, and unconditionally agrees to pay Lender the full amount of the Loan. This is a guaranty of payment, not of collection. If Borrower defaults in the payment when due of the Loan or any part of it, Guarantor shall in lawful money of the United States pay to Lender or order, on demand, all sums due and owing on the Loan, including all interest, charges, fees and other sums, costs and expenses.
Guaranty of Loan. The Guarantor shall have executed a Guaranty of the Loan in favor of Lender in form identical to Exhibit “A” attached hereto.
Guaranty of Loan. This loan is guaranteed by a mortgage and a third party guarantee. Party B and warrantor sign the security contracts 200619 Mortgage Xx. 00 xxx 000000 XX Xx. 0000 Xxxxxxxx Contractson the detailed guarantee issues under this Agreement.
AutoNDA by SimpleDocs
Guaranty of Loan. Each Guarantor irrevocably, unconditionally, and jointly and severally guarantees to Bank the full payment of the Loan, and unconditionally agrees to pay Bank the full amount of the Loan. This is a guaranty of payment, not of collection. Each Guarantor hereby irrevocably and unconditionally covenants and agrees that it is liable for the full amount of the Loan as primary obligor. If Borrower fails to pay the Loan, or any part of it when due in accordance with its terms, after the giving of all notices required by the Loan Documents or if Borrower fails to pay the Loan or any part of it following the occurrence of an Event of Default (as such term is defined in the Note), then Guarantor, or any of them, shall in lawful money of the United States pay to Bank or order, on demand, all sums due and owing on the Loan, including all interest, charges, fees and other sums, costs and expenses. Bank agrees to give to Guarantor a copy of each notice of default that Bank is required to give to Borrower contemporaneously with the giving of such notice to Borrower.
Guaranty of Loan. 5 2.02 Revival and Reinstatement . . . . . . . . . . . . . . . . . . . . . 5 2.03
Guaranty of Loan. Guarantor unconditionally guaranties to Lender the Guarantied Obligations (defined below) and unconditionally agrees to pay Lender the full amount of the Guarantied Obligations. This is a guaranty of payment, not of collection. If Borrower defaults in the payment when due of all or any part of the Guarantied Obligations, Guarantor shall in lawful money of the United States pay to Lender or order, on demand, all sums due and owing on the Guarantied Obligations, including all interest, charges, fees and other sums, costs and expenses
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!