Guaranty of the Guaranteed Obligations. The Guarantors jointly and severally hereby irrevocably and unconditionally guaranty to Administrative Agent for the ratable benefit of the Guaranteed Creditors the due and punctual payment in full of all Guaranteed Obligations when the same shall become due, whether at stated maturity, by required prepayment, declaration, acceleration, demand or otherwise (including amounts that would become due but for the operation of the automatic stay under Section 362(a) of the Bankruptcy Code, 11 U.S.C. § 362(a)).
Guaranty of the Guaranteed Obligations. Each Guarantor, jointly and severally, hereby irrevocably and unconditionally guarantees to the Administrative Agent for the ratable benefit of the Beneficiaries the due and punctual payment in full of all Secured Obligations when the same shall become due, whether at stated maturity, by required prepayment, declaration, acceleration, demand or otherwise (including amounts that would become due but for the operation of the automatic stay under Section 362(a) of the Bankruptcy Code, 11 U.S.C. § 362(a)), but subject to any applicable cure periods, and excluding, in each case, with respect to any Guarantor at any time, Excluded Swap Obligations with respect to such Guarantor at such time (such obligations, collectively, the “Guaranteed Obligations”).
Guaranty of the Guaranteed Obligations. Subject to the provisions of Section 2.2(a), the Guarantors jointly and severally hereby irrevocably and unconditionally guaranty to the Administrative Agent, for the ratable benefit of the Secured Parties, the prompt and complete payment and performance in full of all Guaranteed Obligations when the same shall become due,
Guaranty of the Guaranteed Obligations. Guarantor hereby absolutely and unconditionally guarantees (as a guaranty of payment and not merely a guaranty of collection) the prompt payment in full of all of the Guaranteed Obligations as and when the respective parts thereof become due and payable. If the Guaranteed Obligations, or any part thereof, shall not be paid in full when due and payable, WMS (or a designee of WMS), in each case, shall have the right to proceed directly against Guarantor under this Agreement to collect the payment in full of the Guaranteed Obligations, regardless of whether or not WMS shall have theretofore proceeded or shall then be proceeding against Lower Lakes, it being understood that WMS, in its sole discretion, may proceed against Lower Lakes and may exercise each right, power or privilege that WMS may then have, either simultaneously or separately, and, in any event, at such time or times and as often and in such order as WMS, in its sole discretion, may from time to time deem expedient to collect the payment in full of the Guaranteed Obligations. Guarantor agrees that all payments made by Guarantor under this Agreement shall be made free and clear of, and without deduction or withholding for or on account of any taxes.
Guaranty of the Guaranteed Obligations. The Guarantor hereby absolutely, unconditionally and irrevocably guarantees to the Collateral Agent on behalf of the First Lien Secured Parties and their respective successors, endorsees, transferees and assigns the prompt and complete payment when due (whether at stated maturity, by acceleration or otherwise) and performance of all of the Guaranteed Obligations now or hereafter existing and agrees to pay any and all expenses (including fees and expenses of counsel) incurred by the Collateral Agent and the First Lien Secured Parties in enforcing any rights under this Guaranty. The Guarantor agrees that this Guaranty is a guaranty of payment and performance and not of collection, and that its obligations under this Guaranty shall be joint and several with those of any other Persons which may at any time or from time to time be or become directly or indirectly financially responsible to the Collateral Agent or any other First Lien Secured Party with respect to the Guaranteed Obligations and shall be under all circumstances primary (and not merely as surety), absolute, irrevocable and unconditional, and the obligations of the Guarantor hereunder shall be valid and enforceable and, except as provided herein (including Section 4 and Section 12) shall not be subject to any reduction, limitation, impairment, discharge or termination for any reason (other than payment in full of the Guaranteed Obligations), including the occurrence of any of the following, whether or not the Guarantor shall have had notice or knowledge of any of them:
(a) any lack of genuineness, validity, enforceability or any future amendment of, or change in this Guaranty, any of the Secured Credit Documents or other agreement, document or instrument to which any Grantor or any other Person is or may become a party or the Guaranteed Obligations, or any agreement relating thereto, at any time being found to be illegal, invalid or unenforceable in any respect;
(b) any rescission, waiver, amendment or modification of, or any consent to departure from, any of the terms or provisions (including provisions relating to events of default) hereof, any of the other Secured Credit Documents or any agreement or instrument executed pursuant thereto, or of any other guaranty or security for the Guaranteed Obligations, in each case whether or not in accordance with the terms hereof or such Secured Credit Document or any agreement relating to such other guaranty or security;
(c) any failure or omission to as...
Guaranty of the Guaranteed Obligations. Subject to the provisions of subsections 2.2(a), Guarantors jointly and severally hereby irrevocably and unconditionally guarantee the due and punctual payment in full of all Guaranteed Obligations when the same shall become due, whether at stated maturity, by required prepayment, declaration, acceleration, demand or otherwise (including amounts that would become due but for the operation of the automatic stay under Section 362(a) of the Bankruptcy Code, 11 U.S.C. ss. 362(a)). The term "Guaranteed Obligations" is used herein in its most comprehensive sense and includes:
Guaranty of the Guaranteed Obligations. Subject to the provisions of Section 2.2, the Guarantors jointly and severally hereby irrevocably and unconditionally guaranty to the
Guaranty of the Guaranteed Obligations. Guarantor irrevocably and unconditionally guarantees the due and punctual payment in full of all Guaranteed Obligations when the same shall become due, whether on demand or otherwise. In furtherance of the foregoing, upon the failure of Company to pay any of the Guaranteed Obligations when and as the same become due, Guarantor will upon demand pay, or cause to be paid, in cash to Guaranteed Party the amount of the Guaranteed Obligations then remaining; provided that, in accordance with Section 19 of the Employment Agreement, in lieu of making such payment, Guarantor may secure comparable employment for Guaranteed Party at its or its affiliates’ properties (other than Company).
Guaranty of the Guaranteed Obligations. Subject to the provisions of subsection 2.2(a), each Guarantor hereby irrevocably and unconditionally guarantees, as a primary obligor and not merely as a surety, the due and punctual payment in full of all Guaranteed Obligations when the same shall become due, whether at stated maturity, by required prepayment, acceleration, demand or otherwise (including amounts that would become due but for the operation of the automatic stay under Section 362(a) of the Bankruptcy Code, 11 U.S.C. (S) 362(a)), as amended. The term "Guaranteed Obligations" is used herein in its most comprehensive sense and includes any and all obligations of Successor Corporation now or hereafter made, incurred or created, whether absolute or contingent (including contingent obligations in respect of underwriters of credit or any other guaranty), liquidated or unliquidated, whether due or not due, and however arising under or in connection with the Note.
Guaranty of the Guaranteed Obligations. Subject to the provisions of Section 2.2, the Guarantors jointly and severally hereby irrevocably and unconditionally guaranty to the Administrative Agent, for the ratable benefit of the Secured Parties, the prompt and complete payment and performance in full of all Guaranteed Obligations then outstanding or at any time thereafter incurred, as and when the same shall be due and payable (including amounts that would become due but for the operation of the automatic stay under Section 362(a) of Title 11 of the United States Code entitled “Bankruptcy” as now and hereafter in effect, or any successor statute (the “Bankruptcy Code”)).