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.
Appears in 4 contracts
Samples: Payment Guaranty (Apartment Investment & Management Co), Payment Guaranty (Apartment Investment & Management Co), Payment Guaranty (Apartment Investment & Management Co)
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 Company defaults in the payment when due of the Indebtedness or any part of it, Guarantor will shall 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.
Appears in 3 contracts
Samples: Revolving Credit Agreement (Apartment Investment & Management Co), Credit Agreement (Apartment Investment & Management Co), Payment Guaranty (Apartment Investment & Management Co)