Common use of Guaranty of Payment Clause in Contracts

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative Agent, the Issuing Bank or any Lender to xxx any Borrower, any Loan Guarantor, any other guarantor of, or any other Person obligated for, all or any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against any collateral securing all or any part of the Guaranteed Obligations.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative Agent, the Issuing Bank or any Lender to xxx any the Borrower, any Loan Guarantor, any other guarantor of, or any other Person obligated for, for all or any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against any collateral securing all or any part of the Guaranteed Obligations.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative Agent, the Issuing Bank Agent or any Lender to xxx any Borrower, any Loan Guarantor, any other guarantor ofguarantor, or any other Person obligated for, for all or any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against any collateral securing all or any part of the Guaranteed Obligations.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative Agent, the Issuing Bank or any Lender to xxx any Borrower, any Loan Guarantor, any other guarantor ofguarantor, or any other Person person obligated for, for all or any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against any collateral securing all or any part of the Guaranteed Obligations.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative Agent, the any Issuing Bank or any Lender to xxx any the Borrower, any Loan Guarantor, any other guarantor ofguarantor, or any other Person obligated for, for all or any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against any collateral securing all or any part of the Guaranteed Obligations.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative Agent, the Issuing Bank LC Issuer or any Lender to xxx any the Borrower, any Loan Guarantor, any other guarantor ofguarantor, or any other Person person obligated for, for all or any part of the Guaranteed Obligations (each, an “Obligated Party”)Obligations, or otherwise to enforce its payment against any collateral securing all or any part of the Guaranteed Obligations.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative any Agent, the any Issuing Bank or any Lender to xxx any Borrower, any other Loan Guarantor, any other guarantor ofguarantor, or any other Person obligated for, for all or any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against any collateral securing all or any part of the Guaranteed Obligations.. As an original and independent obligation under this Loan Guaranty, each Loan Guarantor shall:

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative Agent, the Issuing Bank or any Lender to xxx any the Borrower, any Loan Guarantor, any other guarantor ofguarantor, or any other Person obligated for, for all or any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against any collateral securing all or any part of the Guaranteed Obligations.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative Agent, the Issuing Bank or any Lender to xxx any Borrower, any Loan Guarantor, any other guarantor of, or any other Person obligated for, for all or any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against any collateral securing all or any part of the Guaranteed Obligations.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative Agent, the Issuing Bank or any Lender to xxx any the Borrower, any Loan Guarantor, any other guarantor of, or any other Person obligated for, all or any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against any collateral securing all or any part of the Guaranteed Obligations.

Guaranty of Payment. This Loan Facility Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative any Agent, the Issuing Bank any LC Issuer or any Lender to xxx any Borrower, any Loan Guarantor, any other guarantor ofguarantor, or any other Person obligated for, for all or any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against any collateral securing all or any part of the Guaranteed Obligations.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative Agent, the Issuing Bank or any Lender to xxx sue any Borrower, any Loan Guarantor, any other guarantor of, or any other Person obligated for, all or any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against any collateral securing all or any part of the Guaranteed Obligations.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative any Agent, the any Issuing Bank or any Lender to xxx any the Borrower, any Loan Guarantor, any other guarantor ofguarantor, or any other Person obligated for, for all or any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against rights in respect of any collateral securing all or any part of the Guaranteed Obligations.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative Agent, the Issuing Bank Agent or any Lender to xxx any Borrower, any other Loan Guarantor, any other guarantor ofguarantor, or any other Person obligated for, for all or any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against rights in respect of any collateral Collateral securing all or any part of the Guaranteed Obligations. The Administrative Agent may enforce this Loan Guaranty upon the occurrence and during the continuance of an Event of Default.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan U.S. Guarantor waives any right to require the Administrative Agent, the any Issuing Bank or any Lender to xxx any Borrower, any Loan U.S. Guarantor, any other guarantor ofguarantor, or any other Person obligated for, for all or any part of the U.S. Guaranteed Obligations (each, an a “U.S. Obligated Party”), or otherwise to enforce its payment against any collateral securing all or any part of the U.S. Guaranteed Obligations.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor Party Obligor waives any right to require the Administrative Agent, the Issuing Bank Agent to sue or any Lender to xxx otherwise take action against any Borrower, any other Loan GuarantorParty Obligor, any other guarantor ofOther Obligor, or any other Person obligated for, for all or any part of the Guaranteed Obligations (each, an “Obligated Party”)Obligations, or otherwise to enforce its payment against any collateral Collateral securing all or any part of the Guaranteed Obligations.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative Agent, the Issuing Bank or any Lender to xxx any Borrower, any Loan Guarantor, any other guarantor ofguarantor, or any other Person obligated for, for all or any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against any collateral securing all or any part of the Guaranteed Obligations.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative Agent, the Issuing Bank or any Lender to xxx any the Borrower, any Loan Guarantor, any other guarantor ofguarantor, or any other Person person obligated for, for all or any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against any collateral securing all or any part of the Guaranteed Obligations.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative Agent, the Issuing Bank any L/C Issuer or any Lender to xxx any Borrower, any Loan Guarantor, any other guarantor ofguarantor, or any other Person obligated for, for all or any part of the Guaranteed Obligations (each, an “Obligated Party”)Guarantied Obligations, or otherwise to enforce its payment against any collateral securing all or any part of the Guaranteed Guarantied Obligations.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative Agent, the Issuing Bank Agent or any Lender to xxx any the Borrower, any Loan Guarantor, any other guarantor of, or any other Person obligated for, all or any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against any collateral securing all or any part of the Guaranteed Obligations.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative Agent, the Issuing Bank or any Lender to xxx any the Borrower, any Loan Guarantor, any other guarantor of, or any other Person obligated for, for all or any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against any collateral securing all or any part of the Guaranteed Obligations.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative Agent, the Issuing Bank or any Lender to xxx any sxx the Borrower, any Loan Guarantor, any other guarantor of, or any other Person obligated for, for all or any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against any collateral securing all or any part of the Guaranteed Obligations.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative Agent, the any Issuing Bank or any Lender to xxx any the Borrower, any Loan Guarantor, any other guarantor of, or any other Person obligated for, for all or any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against any collateral securing all or any part of the Guaranteed Obligations.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative Agent, the Issuing Bank LC Issuer or any Lender to xxx any Borrower, any Loan Guarantor, any other guarantor ofguarantor, or any other Person person obligated for, for all or any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against any collateral securing all or any part of the Guaranteed Obligations.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative Agent, the any Issuing Bank or any Lender to xxx sue any Borrower, any Loan Guarantor, any other guarantor of, or any other Person obligated for, all or any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against any collateral securing all or any part of the Guaranteed Obligations.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative Agent, the any Issuing Bank or any Lender to xxx any sue the Borrower, any Loan Guarantor, any other guarantor ofguarantor, or any other Person obligated for, for all or any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against any collateral securing all or any part of the Guaranteed Obligations.

Guaranty of Payment. This Loan U.S. Guaranty is a guaranty of payment and not of collection. Each U.S. Loan Guarantor waives any right to require the Administrative Agent, the Issuing Bank or any Lender Party to xxx any Borrower, any other U.S. Loan Guarantor, any other guarantor of, or any other Person obligated for, for all or any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against any collateral securing all or any part of the Guaranteed Obligations.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative any Agent, the Issuing Bank or any Lender to xxx any Borrower, any Loan Guarantor, any other guarantor ofguarantor, or any other Person person obligated for, for all or any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against any collateral securing all or any part of the Guaranteed Obligations.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative Agent, the Issuing Bank or any Lender to xxx any sue the Borrower, any Loan Guarantor, any other guarantor of, or any other Person obligated for, for all or any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against any collateral securing all or any part of the Guaranteed Obligations.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative Agent, the Issuing Bank or any Lender Secured Party to xxx any Borrower, any Loan GuarantorParty, any other guarantor ofguarantor, or any other Person person obligated for, for all or any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against any collateral securing all or any part of the Guaranteed Obligations.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative Agent, the any Issuing Bank or any Lender to xxx any Borrower, any other Loan Guarantor, any other guarantor ofguarantor, or any other Person obligated for, for all or any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against rights in respect of any collateral Collateral securing all or any part of the Guaranteed Obligations. The Administrative Agent may enforce this Loan Guaranty upon the occurrence and during the continuance of an Event of Default.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative Agent, the Issuing Bank or any Lender to xxx sxx any Borrower, any Loan Guarantor, any other guarantor of, or any other Person obligated for, all or any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against any collateral securing all or any part of the Guaranteed Obligations.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative Agent, the Issuing Bank or any Lender Party to xxx any Borrower, any other Loan Guarantor, any other guarantor ofguarantor, or any other Person obligated for, for all or any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against any collateral securing all or any part of the Guaranteed Obligations.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative Agent, the Issuing Bank Agent or any Lender to xxx any Borrower, any Loan Guarantor, any other guarantor ofguarantor, or any other Person obligated for, for all or any part of the Guaranteed Obligations (eacheach of the Borrowers, each Loan Guarantor, each other guarantor or such other Person, an “Obligated Party”), or otherwise to enforce its payment against rights in respect of any collateral Collateral securing all or any part of the Guaranteed Obligations. The Administrative Agent may enforce this Loan Guaranty at any time when an Event of Default exists.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative Agent, the Issuing Bank or any Lender to xxx any the Borrower, any other Loan Guarantor, any other guarantor ofguarantor, or any other Person obligated for, for all or any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against any collateral securing all or any part of the Guaranteed Obligations.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative Agent, the Issuing Bank or any Lender to xxx sxx any Borrower, any Loan Guarantor, any other guarantor ofguarantor, or any other Person person obligated for, for all or any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against any collateral securing all or any part of the Guaranteed Obligations.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative Agent, the Issuing Bank Agent or any Lender to xxx any the Borrower, any Loan Guarantor, any other guarantor ofguarantor, or any other Person obligated for, for all or any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against any collateral securing all or any part of the Guaranteed Obligations.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative Agent, the Issuing Bank LC Issuer or any Lender to xxx any Borrower, any Loan Guarantor, any other guarantor ofguarantor, or any other Person person obligated for, for all or any part of the Guaranteed Obligations (each, an “Obligated Party”)Obligations, or otherwise to enforce its payment against any collateral securing all or any part of the Guaranteed Obligations.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative Agent, the any Issuing Bank or any Lender to xxx any Borrower, any Loan Guarantor, any other guarantor ofguarantor, or any other Person obligated for, for all or any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against any collateral securing all or any part of the Guaranteed Obligations.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative Agent, the Issuing Bank or any Lender to xxx any the Borrower, any Loan Guarantor, any other guarantor ofguarantor, or any other Person person obligated for, for all or any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against any collateral securing all or any part of the Guaranteed Obligations.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative Agent, the Issuing Bank or any Lender to xxx any Borrower, any Loan Guarantor, any other guarantor ofguarantor, or any other Person obligated for, for all or any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against any collateral securing all or any part of the Guaranteed Obligations.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative Agent, the Issuing Bank or any Lender Party to xxx any Borrower, any other Loan Guarantor, any other guarantor ofguarantor, or any other Person person obligated for, for all or any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against any collateral securing all or any part of the Guaranteed Obligations.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative Agent, the Issuing Bank or any Lender to xxx any Borrower, Borrower or any Loan Guarantor, or any other guarantor of, or any other Person obligated for, all or any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against any collateral securing all or any part of the Guaranteed Obligations.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative Agent, the Issuing Bank or any Lender to xxx sxx any Borrower, Borrower or any Loan Guarantor, or any other guarantor of, or any other Person obligated for, all or any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against any collateral securing all or any part of the Guaranteed Obligations.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require , and neither the Administrative Agent, Agent nor the Issuing Bank or Lenders shall be under any Lender obligation to xxx take any Borrower, any Loan Guarantor, any other guarantor of, action against the Borrower or any other Person obligated for, all or person liable with respect to any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise resort to enforce its payment against any collateral security securing all or any part of the Guaranteed ObligationsObligations or this Guaranty as a condition precedent to the Guarantor being obligated to make payment and perform as agreed herein.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative Agent, the any Issuing Bank or any Lender to xxx any sxx the Borrower, any Loan Guarantor, any other guarantor ofguarantor, or any other Person obligated for, for all or any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against any collateral securing all or any part of the Guaranteed Obligations.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative either Agent, the any Issuing Bank or any Lender to xxx any Borrower, any Loan Guarantor, any other guarantor ofguarantor, or any other Person person obligated for, for all or any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against any collateral securing all or any part of the Guaranteed Obligations.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative Agent, the Issuing Bank L/C Issuer or any Lender to xxx any the Borrower, any Loan Guarantor, any other guarantor ofguarantor, or any other Person obligated for, for all or any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against any collateral securing all or any part of the Guaranteed Obligations.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative Agent, the any Issuing Bank or any Lender to xxx any sxx the Borrower, any Loan Guarantor, any other guarantor of, or any other Person obligated for, for all or any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against any collateral securing all or any part of the Guaranteed Obligations.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative Agent, the Issuing Bank Agent or any Lender to xxx any the Borrower, any other Loan Guarantor, any other guarantor ofguarantor, or any other Person obligated for, for all or any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against rights in respect of any collateral Collateral securing all or any part of the Guaranteed Obligations. The Administrative Agent may enforce this Loan Guaranty upon the occurrence and during the continuance of an Event of Default.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative Agent, the Issuing Bank or any Lender to xxx any Borrower, any Loan Guarantor, any other guarantor of, or any other Person obligated for, all or any part of the Guaranteed Obligations (each, an “"Obligated Party”"), or otherwise to enforce its payment against any collateral securing all or any part of the Guaranteed Obligations.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative Agent, the Issuing Bank or any Lender to xxx any sxx the Borrower, any Loan Guarantor, any other guarantor ofguarantor, or any other Person person obligated for, for all or any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against any collateral securing all or any part of the Guaranteed Obligations.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor Borrower waives any right to require the Administrative Agent, the Issuing Bank or any Lender to xxx sxx any other Borrower, any Loan Guarantor, any other guarantor ofguarantor, or any other Person person obligated for, for all or any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against any collateral securing all or any part of the Guaranteed Obligations, until such time as the Guaranteed Obligations are indefeasibly paid in full.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative Agent, the any Issuing Bank or any Lender to xxx any Borrower, any Loan Guarantor, any other guarantor ofguarantor, or any other Person person obligated for, for all or any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against any collateral securing all or any part of the Guaranteed Obligations.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative Agent, the Issuing Bank Agent or any Lender to xxx any the Borrower, any Loan Guarantor, any other guarantor ofguarantor, or any other Person obligated for, for all or any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against any collateral Collateral securing all or any part of the Guaranteed Obligations.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative Agent, the Issuing Bank Agent or any Lender or other holder of obligations to xxx any the Borrower, any Loan Guarantor, any other guarantor ofguarantor, or any other Person obligated for, for all or any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against any collateral securing all or any part of the Guaranteed Obligations.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative Agent, the Issuing Bank any Agent or any Lender to xxx any the Borrower, any Loan Guarantor, any other guarantor ofguarantor, or any other Person obligated for, for all or any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against rights in respect of any collateral securing all or any part of the Guaranteed Obligations.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative Agent, the Issuing Bank Agent or any Lender to xxx any the Borrower, any Loan Guarantor, any other guarantor ofguarantor, or any other Person obligated for, for all or any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against any collateral securing all or any part of the Guaranteed Obligations.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative Agent, the Issuing Bank or any Lender to xxx sue any Borrower, any Loan Guarantor, any other guarantor ofguarantor, or any other Person obligated for, for all or any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against any collateral securing all or any part of the Guaranteed Obligations.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative any Agent, the any Issuing Bank or any Lender to xxx sue any Borrower, any other Loan Guarantor, any other guarantor ofguarantor, or any other Person obligated for, for all or any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against any collateral securing all or any part of the Guaranteed Obligations.. As an original and independent obligation under this Loan Guaranty, each Loan Guarantor shall:

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative Agent, the Issuing Bank Australian Security Trustee or any Lender to xxx any sue the Borrower, any Loan Guarantor, any other guarantor of, or any other Person obligated for, for all or any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against any collateral securing all or any part of the Guaranteed Obligations.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative Agent, the Issuing Bank or any Lender to xxx sue any Borrower, or any Loan Guarantor, or any other guarantor of, or any other Person obligated for, for all or any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against any collateral securing all or any part of the Guaranteed Obligations.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative Agent, the any Issuing Bank or any Lender to xxx any the Borrower, any Loan Guarantor, any other guarantor of, or any other Person obligated for, all or any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against any collateral securing all or any part of the Guaranteed Obligations.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative Agent, the Issuing Bank Agent or any Lender to xxx any sue the Borrower, any Loan Guarantor, any other guarantor ofguarantor, or any other Person obligated for, for all or any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against any collateral securing all or any part of the Guaranteed Obligations.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the ABL Administrative Agent, the any Issuing Bank or any Lender to xxx any the Borrower, any Loan Guarantor, any other guarantor ofguarantor, or any other Person person obligated for, for all or any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against any collateral securing all or any part of the Guaranteed Obligations.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative Agent, the Issuing Bank or any Lender to xxx any the Borrower, any Loan Guarantor, any other guarantor ofguarantor, or any other Person obligated for, for all or any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against any collateral securing all or any part of the Guaranteed Obligations.. 100

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative Agent, the any Issuing Bank or any Lender to xxx any sue the Borrower, any Loan Guarantor, any other guarantor of, or any other Person obligated for, all or any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against any collateral securing all or any part of the Guaranteed Obligations.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each of the Loan Guarantor Guarantors waives any right to require the Administrative Agent, Bank to xxx the Issuing Bank Borrower or any Lender to xxx any Borrower, any of the other Loan GuarantorGuarantors, any other guarantor ofguarantor, or any other Person person obligated for, for all or any part of the Guaranteed Obligations (each, an “Obligated Party” and collectively, the “Obligated Parties”), or otherwise to enforce its payment against any collateral securing all or any part of the Guaranteed Obligations.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative Agent, the any Issuing Bank or any Lender to xxx any the Borrower, any Loan Guarantor, any other guarantor ofguarantor, or any other Person person obligated for, for all or any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against any collateral securing all or any part of the Guaranteed Obligations.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative Agent, the Issuing Bank Agent or any Lender or other holder of obligations to xxx any sxx the Borrower, any Loan Guarantor, any other guarantor ofguarantor, or any other Person obligated for, for all or any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against any collateral securing all or any part of the Guaranteed Obligations.

Guaranty of Payment. This Loan U.S. Guaranty is a guaranty of payment and not of collection. Each U.S. Loan Guarantor waives any right to require the Administrative Agent, the Issuing Bank or any Lender Party to xxx any Borrower, any other U.S. Loan Guarantor, any other guarantor of, or any other Person obligated for, for all or any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against any collateral securing all or any part of the Guaranteed Obligations. SECTION 10.03.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each To the extent permitted by applicable law, each Loan Guarantor waives any right to require the Administrative Agent, the Issuing Bank or any Lender to xxx any the Borrower, any Loan Guarantor, any other guarantor of, or any other Person obligated for, for all or any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against any collateral securing all or any part of the Guaranteed Obligations.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative Agent, the Issuing Bank Agent or any Lender to xxx any sue the Borrower, any Loan Guarantor, any other guarantor ofguarantor, or any other Person obligated for, for all or any part of the Guaranteed Obligations (eachthe Borrower, each Loan Guarantor, each other guarantor or such other Person, an “Obligated Party”), or otherwise to enforce its payment against rights in respect of any collateral Collateral securing all or any part of the Guaranteed Obligations. The Administrative Agent may enforce this Loan Guaranty in accordance with the provisions of the Credit Agreement.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and paymentand not of collection. Each Loan Guarantor waives any right to require the Administrative Agent, the Issuing Bank Agent or any Lender to xxx any suethe Borrower, any Loan Guarantor, any other guarantor ofguarantor, or any other Person obligated for, for all or any part of partof the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against any collateral againstany Collateral securing all or any part of the Guaranteed Obligations.SECTION 10.03

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives The Parent Borrower waives, to the extent permitted by applicable law, any right to require the Administrative any Agent, the any Issuing Bank Lender or any Lender to xxx sxx any Foreign Subsidiary Borrower, any Loan Guarantor, any other guarantor ofguarantor, or any other Person obligated for, for all or any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against any collateral securing all or any part of the Guaranteed Obligations.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative Agent, the Issuing Bank or any Lender to xxx any either Borrower, any Loan Guarantor, any other guarantor ofguarantor, or any other Person person obligated for, for all or any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against any collateral securing all or any part of the Guaranteed Obligations.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative Agent, the Issuing Bank Agent or any Lender to xxx any either Borrower, any other Loan Guarantor, any other guarantor ofguarantor, or any other Person obligated for, for all or any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against rights in respect of any collateral Collateral securing all or any part of the Guaranteed Obligations. The Administrative Agent may enforce this Loan Guaranty upon the occurrence and during the continuance of an Event of Default.

Guaranty of Payment. This Loan Guaranty is a continuing guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative Agent, the Issuing Bank Agent or any Lender Secured Party to xxx sue any Borrower, any Loan Guarantor, any other guarantor ofguarantor, or any other Person obligated for, for all or any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against any collateral securing all or any part of the Guaranteed Obligations.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative Agent, the Issuing Bank Agent or any Lender to xxx any sue either Borrower, any Loan Guarantor, any other guarantor of, Guarantor or any other Person obligated for, for all or any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against rights in respect of any collateral Collateral securing all or any part of the Guaranteed Obligations. The Administrative Agent may enforce this Loan Guaranty upon the occurrence and during the continuance of an Event of Default.

Guaranty of Payment. This Loan Guaranty is a continuing guaranty and a guaranty of payment payment, and not of collection. Each Loan Guarantor waives any right to require the Administrative Agent, the Issuing Bank or any Lender to xxx any the Borrower, any Loan Guarantor, any other guarantor of, or any other Person obligated for, all or any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against any collateral securing all or any part of the Guaranteed Obligations.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and performance and not of collection. Each Loan Guarantor waives any right to require the Administrative Agent, the Issuing Bank or any Lender to xxx any sue Borrower, any Loan Guarantor, any other guarantor of, or any other Person obligated for, for all or any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against any collateral Collateral securing all or any part of the Guaranteed Obligations.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor Borrower waives any right to require the Administrative Agent, the Issuing Bank or Agent to sxx any Lender to xxx any other Borrower, any Loan Guarantor, any other guarantor ofguarantor, or any other Person person obligated for, for all or any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against any collateral securing all or any part of the Guaranteed Obligations, until such time as the Guaranteed Obligations are indefeasibly paid in full.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative Agent, the Issuing Bank any Agent or any Lender to xxx any the Borrower, any other Loan Guarantor, any other guarantor ofguarantor, or any other Person obligated for, for all or any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against any collateral securing all or any part of the Guaranteed Obligations.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative Agent, the Issuing Bank or any Lender to xxx any the Borrower, any Loan Guarantor, any other guarantor ofguarantor, or any other Person obligated for, for all or any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against any collateral securing all or any part of the Guaranteed Obligations.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative Agent, the Issuing Bank Agent or any Lender to xxx sue any Borrower, any Loan Guarantor, any other guarantor of, or any other Person obligated for, all or any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against any collateral securing all or any part of the Guaranteed Obligations.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative Agent, the Issuing Bank or any Lender to xxx any the Borrower, any Loan Guarantor, any other guarantor of, or any other Person obligated for, all or any part of the Guaranteed Obligations (each, an “Obligated PartyParty ”), or otherwise to enforce its payment against any collateral securing all or any part of the Guaranteed Obligations.. SECTION 10.03

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor Parent waives any right to require the Administrative Agent, the Issuing Bank or any Lender to xxx any Borrower, any Loan GuarantorSWM Philippines, any other guarantor ofguarantor, or any other Person person obligated for, for all or any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against any collateral securing all or any part of the Guaranteed Obligations.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Term Administrative Agent, the Issuing Bank Agent or any Term Lender to xxx any the Borrower, any Loan Guarantor, any other guarantor ofguarantor, or any other Person person obligated for, for all or any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against any collateral securing all or any part of the Guaranteed Obligations.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative Agent, the Issuing Bank or any Lender to xxx sue or otherwise take action against any Borrower, any Loan other Guarantor, any other guarantor of, or any other Person obligated for, for all or any part of the Guaranteed Obligations (each, an “Obligated Party”)Obligations, or otherwise to enforce its payment against any collateral Collateral securing all or any part of the Guaranteed Obligations.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative Agent, the Issuing Bank or any Lender to xxx any Borrower, Borrower or any Loan Guarantor, or any other guarantor of, or any other Person obligated for, all or any part of the Guaranteed Obligations (each, an “"Obligated Party”"), or otherwise to enforce its payment against any collateral securing all or any part of the Guaranteed Obligations.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative Agent, the Issuing Bank Agent or any Lender to xxx sue or otherwise take action against any Borrower, any Loan other Guarantor, any other guarantor of, or any other Person obligated for, for all or any part of the Guaranteed Obligations (each, an “Obligated Party”)Obligations, or otherwise to enforce its payment against any collateral Collateral securing all or any part of the Guaranteed Obligations.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative Agent, the Issuing Bank Agent or any Lender to xxx any the Borrower, any Loan Guarantor, any other guarantor of, or any other Person obligated for, for all or any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against any collateral securing all or any part of the Guaranteed Obligations.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative Agent, the Issuing Bank or any Lender to xxx any the Borrower, any Loan Guarantor, any other guarantor ofguarantor, or any other Person obligated for, for all or any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against any collateral securing all or any part of the Guaranteed Obligations.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative Agent, the Issuing Bank or any Lender to xxx or otherwise take action against any Borrower, any Loan other Guarantor, any other guarantor of, or any other Person obligated for, for all or any part of the Guaranteed Obligations (each, an “Obligated Party”)Obligations, or otherwise to enforce its payment against any collateral Collateral securing all or any part of the Guaranteed Obligations.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the any Administrative Agent, the any Issuing Bank or any Lender to xxx any Borrower, any Loan Guarantor, any other guarantor ofguarantor, or any other Person person obligated for, for all or any part of the Guaranteed Obligations (each, an “"Obligated Party”"), or otherwise to enforce its payment against any collateral securing all or any part of the Guaranteed Obligations.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative Agent, the Issuing Bank LC Issuer or any Lender to xxx sxx any Borrower, any Loan Guarantor, any other guarantor ofguarantor, or any other Person person obligated for, for all or any part of the Guaranteed Obligations (each, an “Obligated Party”)Obligations, or otherwise to enforce its payment against any collateral securing all or any part of the Guaranteed Obligations.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative Agent, the Issuing Bank Lender or any Lender to xxx any Borrower, any Loan Guarantor, any other guarantor of, or any other Person obligated for, all or any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against any collateral securing all or any part of the Guaranteed Obligations.. Section 3.03

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative Agent, the Issuing Bank or any Lender to xxx any sxx the Borrower, any Loan Guarantor, any other guarantor ofguarantor, or any other Person person obligated for, for all or any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against any collateral securing all or any part of the Guaranteed Obligations.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative Agent, the Issuing Bank Agent or any Lender to xxx any sxx the Borrower, any Loan Guarantor, any other guarantor ofguarantor, or any other Person person obligated for, for all or any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against any collateral securing all or any part of the Guaranteed Obligations.

Guaranty of Payment. This Loan Guaranty is a guaranty of payment and not of collection. Each Loan Guarantor waives any right to require the Administrative Agent, the Issuing Bank Agent or any Lender to xxx any Borrowerthe Borrowers, any Loan other Guarantor, any other guarantor ofguarantor, or any other Person obligated for, for all or any part of the Guaranteed Obligations (each, an “Obligated Party”), or otherwise to enforce its payment against rights in respect of any collateral Collateral securing all or any part of the Guaranteed Obligations. The Administrative Agent may enforce this Loan Guaranty upon the occurrence and during the continuance of an Event of Default.