Common use of Guaranty of Obligations of Guarantors Clause in Contracts

Guaranty of Obligations of Guarantors. Each Guarantor hereby jointly and severally unconditionally guaranties to the Administrative Agent for the ratable benefit of the Administrative Agent and the Lenders, and their permissible respective successors, endorsees, transferees and assigns, the prompt payment (whether at stated maturity, by acceleration or otherwise) and performance of all Obligations of the Borrower, whether primary or secondary (whether by way of endorsement or otherwise), whether now existing or hereafter arising, whether or not from time to time reduced or extinguished (except by payment thereof) or hereafter increased or incurred, whether or not recovery may be or hereafter become barred by the statute of limitations, whether enforceable or unenforceable as against the Borrower, whether or not discharged, stayed or otherwise affected by any bankruptcy, insolvency or other similar law or proceeding, whether created directly with the Administrative Agent or any Lender or acquired by the Administrative Agent or any Lender through assignment, endorsement or otherwise as permitted under this Agreement, whether matured or unmatured, whether joint or several, as and when the same become due and payable (whether at maturity or earlier, by reason of acceleration, mandatory repayment or otherwise), in accordance with the terms of any such instruments evidencing any such obligations, including all renewals, extensions or modifications thereof (all Obligations of the Borrower to the Administrative Agent or any Lender, including all of the foregoing, being hereinafter collectively referred to as the "Guaranteed Obligations").

Appears in 1 contract

Samples: Credit Agreement (Golf Trust of America Inc)

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Guaranty of Obligations of Guarantors. Each Guarantor hereby hereby, jointly and severally with the other Guarantors, unconditionally guaranties guarantees to the Administrative Agent for the ratable benefit of the Administrative Agent and the LendersLender, and their permissible its respective successors, endorsees, transferees and assigns, the prompt payment (whether at stated maturity, by acceleration or otherwise) and performance of all Obligations of the Borrower, whether primary or secondary (whether by way of endorsement or otherwise), whether now existing or hereafter arising, whether or not from time to time reduced or extinguished (except by payment thereof) or hereafter increased or incurred, whether or not recovery may be or hereafter become becomes barred by the statute of limitations, whether enforceable or unenforceable as against the Borrower, whether or not discharged, stayed or otherwise affected by any bankruptcy, insolvency Applicable Insolvency Law or other similar law or proceedingproceeding thereunder, whether created directly with the Administrative Agent or any Lender or acquired by the Administrative Agent or any Lender through assignment, endorsement or otherwise as permitted under this Agreementotherwise, whether matured or unmatured, whether joint or several, as and when the same become due and payable (whether at maturity or earlier, by reason of acceleration, mandatory repayment or otherwise), in accordance with the terms of any such instruments evidencing any such obligations, including all renewals, extensions or modifications thereof (all Obligations of the Borrower to the Administrative Agent or any LenderBorrower, including all of the foregoing, being hereinafter collectively referred to as the "Guaranteed Obligations").

Appears in 1 contract

Samples: Credit Agreement (Compx International Inc)

Guaranty of Obligations of Guarantors. Each Guarantor hereby hereby, jointly and severally with the other Guarantors, unconditionally guaranties guarantees to the Administrative Agent for the ratable benefit of the Administrative Agent itself and the Lenders, and their permissible respective permitted successors, endorsees, transferees and assigns, the prompt payment (whether at stated maturity, by acceleration or otherwise) and performance of all Obligations of the BorrowerObligations, whether primary or secondary (whether by way of endorsement or otherwise), whether now existing or hereafter arising, whether or not from time to time reduced or extinguished (except by payment thereof) or hereafter increased or incurred, whether or not recovery may be or hereafter become barred by the statute of limitations, whether enforceable or unenforceable as against the Borrower, whether or not discharged, stayed or otherwise affected by any bankruptcy, insolvency or other similar law or proceeding, whether created directly with the Administrative Agent or any Lender or acquired by the Administrative Agent or any Lender through assignment, endorsement assignment or otherwise as permitted under this Agreementendorsement, whether matured or unmatured, whether joint or several, as and when the same become due and payable (whether at maturity or earlier, by reason of acceleration, mandatory repayment or otherwise), in accordance with the terms of any such instruments evidencing any such obligationsObligations, including all renewals, extensions or modifications thereof (all Obligations of the Borrower to the Administrative Agent or any Lender, including all of the foregoing, being hereinafter collectively referred to as the "Guaranteed Obligations").

Appears in 1 contract

Samples: Guaranty Agreement (Performance Food Group Co)

Guaranty of Obligations of Guarantors. Each Guarantor hereby hereby, jointly and severally with the other Guarantors, unconditionally guaranties guarantees to the Administrative Agent Agent, for the ratable benefit of the Administrative Agent and the Lenders, and their permissible respective successors, endorsees, transferees and assigns, the prompt payment (whether at stated maturity, by acceleration or otherwise) and performance of all Obligations of the Borrower, whether primary or secondary (whether by way of endorsement or otherwise), whether now existing or hereafter arising, whether or not from time to time reduced or extinguished (except by payment thereof) or hereafter increased or incurred, whether or not recovery may be or hereafter become becomes barred by the statute of limitations, whether enforceable or unenforceable as against the Borrower, whether or not discharged, stayed or otherwise affected by any bankruptcy, insolvency Applicable Insolvency Law or other similar law or proceedingproceeding thereunder, whether created directly with the Administrative Agent or any Lender or acquired by the Administrative Agent or any Lender through assignment, endorsement or otherwise as permitted under this Agreementotherwise, whether matured or unmatured, whether joint or several, as and when the same become due and payable (whether at maturity or earlier, by reason of acceleration, mandatory repayment or otherwise), in accordance with the terms of any such instruments evidencing any such obligations, including all renewals, extensions or modifications thereof (all Obligations of the Borrower to the Administrative Agent or any LenderBorrower, including all of the foregoing, being hereinafter collectively referred to as the "Guaranteed Obligations").

Appears in 1 contract

Samples: Credit Agreement (Compx International Inc)

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Guaranty of Obligations of Guarantors. Each Guarantor hereby hereby, jointly and severally with the other Guarantors, unconditionally guaranties guarantees to the Administrative Agent for the ratable benefit of the Administrative Agent itself and the Lenders, and their permissible respective permitted successors, endorsees, transferees and assigns, the prompt payment (whether at stated maturity, by acceleration or otherwise) and performance of all Obligations of the Borrowerany Loan Party, whether primary or secondary (whether by way of endorsement or otherwise), whether now existing or hereafter arising, whether or not from time to time reduced or extinguished (except by payment thereof) or hereafter increased or incurred, whether or not recovery may be or hereafter become barred by the statute of limitations, whether enforceable or unenforceable as against the Borrowersuch Loan Party, whether or not discharged, stayed or otherwise affected by any bankruptcy, insolvency Applicable Insolvency Law or other similar law or proceedingproceeding thereunder, whether created directly with the Administrative Agent or any Lender or acquired by the Administrative Agent or any Lender through assignment, endorsement or otherwise as permitted under this Agreementotherwise, whether matured mature or unmatured, whether joint or several, as and when the same become due and payable (whether at maturity or earlier, by reason of acceleration, mandatory repayment or otherwise), in accordance with the terms of any such instruments evidencing any such obligations, including all renewals, extensions or modifications thereof (all Obligations of the Borrower to the Administrative Agent or any Lendersuch Loan Party, including all of the foregoing, being hereinafter collectively referred to as the "“Subsidiary Guaranteed Obligations").

Appears in 1 contract

Samples: Credit Agreement (Medcath Corp)

Guaranty of Obligations of Guarantors. Each Guarantor hereby hereby, jointly and severally with the other Guarantors, unconditionally guaranties guarantees to the Administrative Agent for the ratable benefit of the Administrative Agent itself and the Lenders, and their permissible respective permitted successors, endorsees, transferees and assigns, the prompt payment (whether at stated maturity, by acceleration or otherwise) and performance of all Obligations of the Borrower, whether primary or secondary (whether by way of endorsement or otherwise), whether now existing or hereafter arising, whether or not from time to time reduced or extinguished (except by payment thereof) or hereafter increased or incurred, whether or not recovery may be or hereafter become barred by the statute of limitations, whether enforceable or unenforceable as against the Borrower, whether or not discharged, stayed or otherwise affected by any bankruptcy, insolvency Applicable Insolvency Law or other similar law or proceedingproceeding thereunder, whether created directly with the Administrative Agent or any Lender or acquired by the Administrative Agent or any Lender through assignment, endorsement or otherwise as permitted under this Agreementotherwise, whether matured or unmatured, whether joint or several, as and when the same become due and payable (whether at maturity or earlier, by reason of acceleration, mandatory repayment or otherwise), in accordance with the terms of any such instruments evidencing any such obligations, including all renewals, extensions or modifications thereof (all Obligations of the Borrower to the Administrative Agent or any LenderBorrower, including all of the foregoing, being hereinafter collectively referred to as the "“Subsidiary Guaranteed Obligations").

Appears in 1 contract

Samples: Subsidiary Guaranty Agreement (Digitalnet Holdings Inc)

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