Common use of Guaranty of Obligation Clause in Contracts

Guaranty of Obligation. (a) Guarantor unconditionally, irrevocably and absolutely, jointly and severally, guarantees to Lender (i) that all obligations and indebtedness evidenced by or provided in the Note and the other Related Documents will be promptly paid when due and in accordance with the terms and provisions thereof (and as they may be amended, extended or renewed from time to time), and (ii) the prompt and full payment, performance and observance, when due, of all other indebtedness, liabilities, obligations and duties of every kind and character of Borrower to Lender under the Loan Agreement and the Related Documents, whether absolute or contingent, joint or several, secured or unsecured, due or not due, contractual or tortious, liquidated or unliquidated, arising by operation of law or otherwise, direct or indirect, and including, but not limited to, any debt, obligation or liability of Borrower to Lender as a member of any partnership, syndicate, association or other group, or whether incurred by Borrower as principal, surety, endorser, accommodation party or otherwise; including, without limitation, interest on all of the above amounts as agreed upon between Borrower and Lender, or if there is no agreement, at the highest lawful rate, and any and all renewals, extensions and rearrangements of all or any part of the indebtedness, obligations and liabilities hereinabove described. Guaranty Agreement (b) All indebtedness, duties, obligations and liabilities described above or otherwise covered by this Guaranty, or intended so to be, are hereinafter sometimes collectively referred to as the "Guaranteed Indebtedness".

Guaranty of Obligation. (a) Guarantor The Guarantors unconditionally, irrevocably and absolutely, jointly and severally, guarantees guarantee to Lender (i) that all obligations and indebtedness evidenced by or provided in the Note Note, the Mortgage and the other Related Loan Documents will be promptly paid when due and in accordance with the terms and provisions thereof (and as they may be amended, extended or renewed from time to time), and (ii) the prompt and full payment, performance and observance, when due, of all other indebtedness, liabilities, obligations and duties of every kind and character of Borrower to Lender under relating in any way to the Loan Agreement and the Related DocumentsLoan, whether absolute or contingent, joint or several, secured or unsecured, due or not due, contractual or tortious, liquidated or unliquidated, arising by operation of law or otherwise, direct or indirectindirect relating in any way to the Loan, and including, but not limited to, any debt, obligation or liability of Borrower to Lender as a member of any partnership, syndicate, association or other group, or whether incurred by Borrower as principal, surety, endorser, accommodation party or otherwise; including, without limitation, interest on all of the above amounts as agreed upon between Borrower and Lender, or if there is no agreement, at the highest lawful rateDefault Rate, as defined in the Note, and any and all renewals, extensions and rearrangements of all or any part of the indebtedness, obligations and liabilities hereinabove described. Guaranty Agreement. (b) All indebtedness, duties, obligations and liabilities described above or otherwise covered by this Guaranty, or intended so to be, are hereinafter sometimes collectively referred to as the "“Guaranteed Indebtedness"”.

Guaranty of Obligation. (a) a. Guarantor unconditionally, irrevocably and absolutely, jointly and severally, guarantees to Lender Lenders (i) that all obligations and indebtedness evidenced by or provided in the Note and the other Related Documents Loan Documents, will be promptly paid when due and in accordance with the terms and provisions thereof (and as they may be amended, extended or renewed from time to time), and (ii) the prompt and full payment, performance and observance, when due, of all other indebtedness, liabilities, obligations and duties of every kind and character of Borrower to Lender under Lenders as provided in the Loan Agreement and the Related Documents, whether now or hereafter existing, absolute or contingent, joint or several, secured or unsecured, due or not due, contractual or tortious, liquidated or unliquidated, arising by operation of law or otherwise, direct or indirect, and including, but not limited to, any debt, obligation or liability of Borrower to Lender as a member of any partnership, syndicate, association or other group, or whether incurred by Borrower as principal, surety, endorser, accommodation party or otherwise; including, without limitation, interest on all of the above amounts as agreed upon between Borrower and LenderLenders, or if there is no agreement, at the highest lawful rate, and any and all renewals, extensions and rearrangements of all or any part of the indebtedness, obligations and liabilities hereinabove described. Guaranty Agreement. (b) b. All indebtedness, duties, obligations and liabilities described above or otherwise covered by this Guaranty, or intended so to be, Guaranty are hereinafter sometimes collectively referred to as the "Guaranteed IndebtednessGUARANTEED INDEBTEDNESS".

Guaranty of Obligation. (a) Guarantor The Guarantors unconditionally, irrevocably and absolutely, jointly and severally, guarantees guarantee to Lender (i) that all obligations and indebtedness evidenced by or provided in the Note Note, the Mortgage, the other Loan Documents and the other Related Documents NPI Agreement will be promptly paid when due and in accordance with the terms and provisions thereof (and as they may be amended, extended or renewed from time to time), and (ii) the prompt and full payment, performance and observance, when due, of all other indebtedness, liabilities, obligations and duties of every kind and character of Borrower to Lender under relating in any way to the Loan Agreement and and/or the Related DocumentsNPI Agreement, whether absolute or contingent, joint or several, secured or unsecured, due or not due, contractual or tortious, liquidated or unliquidated, arising by operation of law or otherwise, direct or indirectindirect relating in any way to the Loan, and including, but not limited to, any debt, obligation or liability of Borrower to Lender as a member of any partnership, syndicate, association or other group, or whether incurred by Borrower as principal, surety, endorser, accommodation party or otherwise; including, without limitation, interest on all of the above amounts as agreed upon between Borrower and Lender, or if there is no agreement, at the highest lawful rate, and any and all renewals, extensions and rearrangements of all or any part of the indebtedness, obligations and liabilities hereinabove described. Guaranty Agreement. (b) All indebtedness, duties, obligations and liabilities described above or otherwise covered by this Guaranty, or intended so to be, are hereinafter sometimes collectively referred to as the "“Guaranteed Indebtedness"”. (c) Guarantor acknowledges and agrees that the Released Guarantor is not being released from liability as a guarantor of the obligations and indebtedness owed to Lender under the NPI Agreement.