Common use of Guaranty of Performance Clause in Contracts

Guaranty of Performance. In addition to the guaranty of the Payment Obligations, each Guarantor hereby unconditionally, absolutely and irrevocably guarantees, jointly and severally, (i) the full and prompt performance and observance by the Borrower of each and every other obligation, undertaking, liability, promise, warranty, covenant and agreement of the Borrower in and under the terms of the Loan Documents; and (ii) the truth of each and every representation and warranty made by the Borrower in the Loan Documents or in other certificates or documents delivered in connection with the Loan (the matters described in (i) and (ii) above being collectively referred to herein as the “Performance Obligations”).

Appears in 2 contracts

Samples: Guaranty of Payment and Performance (Adcare Health Systems Inc), Payment and Performance (Adcare Health Systems Inc)

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Guaranty of Performance. In addition to the guaranty of the Payment Obligations, each Guarantor hereby unconditionally, absolutely and irrevocably guarantees, jointly and severally, (i) the full and prompt performance and observance by each of the Borrower Borrowers of each and every other obligation, undertaking, liability, promise, warranty, covenant and agreement of the Borrower Borrowers in and under the terms of the Loan Documents; and (ii) the truth of each and every representation and warranty made by each of the Borrower Borrowers in the Loan Documents or in other certificates or documents delivered in connection with the Loan (the matters described in (i) and (ii) above being collectively referred to herein as the “Performance Obligations”).

Appears in 2 contracts

Samples: Guaranty of Payment and Performance (Adcare Health Systems Inc), Guaranty of Payment and Performance (Adcare Health Systems Inc)

Guaranty of Performance. In addition to the guaranty of the Payment Obligations, each the Guarantor hereby unconditionally, absolutely and irrevocably guarantees, jointly and severally, (i) the full and prompt performance and observance by each of the Borrower Borrowers of each and every other obligation, undertaking, liability, promise, warranty, covenant and agreement of the Borrower Borrowers in and under the terms of the Loan Documents; and (ii) the truth of each and every representation and warranty made by each of the Borrower Borrowers in the Loan Documents or in other certificates or documents delivered in connection with the Loan (the matters described in (i) and (ii) above being collectively referred to herein as the “Performance Obligations”).

Appears in 2 contracts

Samples: Payment and Performance (Adcare Health Systems, Inc), Payment And (Adcare Health Systems, Inc)

Guaranty of Performance. In addition to the guaranty of the Payment Obligations, each the Guarantor hereby unconditionally, absolutely and irrevocably guarantees, jointly and severally, (i) the full and prompt performance and observance by the each Borrower of each and every other obligation, undertaking, liability, promise, warranty, covenant and agreement of the each Borrower in and under the terms of the Loan Documents; and (ii) the truth of each and every representation and warranty made by the each Borrower in the Loan Documents or in other certificates or documents delivered in connection with the Loan (the matters described in (i) and (ii) above being collectively referred to herein as the “Performance Obligations”).

Appears in 2 contracts

Samples: Guaranty of Payment and Performance (Adcare Health Systems Inc), Payment and Performance (Adcare Health Systems, Inc)

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Guaranty of Performance. In addition to the guaranty of the Payment Obligations, each Guarantor hereby unconditionally, absolutely and irrevocably guarantees, jointly and severally, (i) the full and prompt performance and observance by the each Borrower of each and every other obligation, undertaking, liability, promise, warranty, covenant and agreement of the each Borrower in and under the terms of the Loan Documents; and (ii) the truth of each and every representation and warranty made by the each Borrower in the Loan Documents or in other certificates or documents delivered in connection with the Loan (the matters described in (i) and (ii) above being collectively referred to herein as the “Performance Obligations”).

Appears in 1 contract

Samples: Guaranty of Payment and Performance (Adcare Health Systems Inc)

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