Common use of Guaranty of the Obligations Clause in Contracts

Guaranty of the Obligations. Subject to the provisions of Section 7.2 and 7.13–7.17, the Guarantors jointly and severally hereby irrevocably and unconditionally guaranty (the “Guaranty”) to Administrative Agent for the ratable benefit of the Beneficiaries the due and punctual payment in full of all Obligations of the Borrower 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 Code, 11 U.S.C. § 362(a) or any equivalent provision in any applicable jurisdiction) (each, a “Guaranteed Obligation” and, collectively, the “Guaranteed Obligations”).

Appears in 2 contracts

Samples: Equity Bridge Credit and Guaranty Agreement (Concordia Healthcare Corp.), Two Year Equity Bridge Credit and Guaranty Agreement (Concordia Healthcare Corp.)

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Guaranty of the Obligations. Subject to the provisions of Section 7.2 and 7.13–7.17any limitations set forth in the definition of the term “Guarantor”, the Guarantors jointly and severally hereby irrevocably and unconditionally guaranty (the “Guaranty”) to Administrative Agent Agent, for the ratable benefit of the Beneficiaries Beneficiaries, the due and punctual payment Payment in full Full of all Obligations of the Borrower 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) or any equivalent provision in any applicable jurisdiction)) (each, a “Guaranteed Obligation” and, collectively, the “Guaranteed Obligations”).

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (Lifecore Biomedical, Inc. \De\), Credit and Guaranty Agreement (Landec Corp \Ca\)

Guaranty of the Obligations. Subject to the provisions of Section 7.2 and 7.13–7.17any limitations set forth in the definition of the term “Guarantor”, the Guarantors jointly and severally hereby irrevocably and unconditionally guaranty (the “Guaranty”) to Administrative Agent Agent, for the ratable benefit of the Beneficiaries Beneficiaries, the due and punctual payment Payment in full Full of all Obligations of the Borrower 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) or any equivalent provision in any applicable jurisdiction)) (each, a “Guaranteed Obligation” and, collectively, the “Guaranteed Obligations”). 7.2.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Lifecore Biomedical, Inc. \De\)

Guaranty of the Obligations. Subject to the provisions of Section 7.2 and 7.13–7.177.2, the Guarantors jointly and severally hereby irrevocably and unconditionally guaranty (the “Guaranty”) to Administrative Agent for the ratable benefit of the Beneficiaries the due and punctual payment in full of all Obligations (other than, with respect to any Guarantor, any Excluded Swap Obligations of the Borrower such Guarantor) 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) or any equivalent provision in any applicable jurisdiction)) (each, a “Guaranteed Obligation” and, collectively, the “Guaranteed Obligations”).

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Douglas Dynamics, Inc)

Guaranty of the Obligations. (a) Subject to the provisions of Section Sections 7.2 and 7.13–7.177.14, the Non-U.S. Guarantors jointly and severally hereby irrevocably and unconditionally guaranty (to the “Guaranty”) to Administrative Agent for the ratable benefit of the Beneficiaries the due and punctual payment in full of all Non-U.S. Obligations of the Borrower 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 section 362(a) of the Bankruptcy Code, 11 U.S.C. § 362(a) or any equivalent provision in any applicable jurisdiction)) (each, a “Guaranteed Obligation” and, collectively, the “Non-U.S. Guaranteed Obligations”).

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Xerium Technologies Inc)

Guaranty of the Obligations. Subject to the provisions of Section 7.2 and 7.13–7.177.02, the Guarantors jointly and severally hereby irrevocably and unconditionally guaranty (to the “Guaranty”) to Administrative Agent Agent, for the ratable benefit of the Beneficiaries Beneficiaries, the due and punctual payment in full of all Obligations of the Borrower (other than Excluded Swap 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) or any equivalent provision in any applicable jurisdiction)) (each, a “Guaranteed Obligation” and, collectively, the “Guaranteed Obligations”).

Appears in 1 contract

Samples: Term Loan and Guaranty Agreement (Neogenomics Inc)

Guaranty of the Obligations. Subject to the provisions of Section 7.2 and 7.13–7.17the limitations set forth in the definition of the term Guarantor, the Guarantors jointly and severally hereby irrevocably and unconditionally guaranty (the “Guaranty”) to Administrative Agent for the ratable benefit of the Beneficiaries the due and punctual payment Payment in full Full of all Obligations of the Borrower 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) or any equivalent provision in any applicable jurisdiction)) (each, a “Guaranteed Obligation” and, collectively, the “Guaranteed Obligations”).

Appears in 1 contract

Samples: Credit and Guaranty Agreement (P10, Inc.)

Guaranty of the Obligations. Subject to the provisions of Section 7.2 and 7.13–7.177.13, the Guarantors jointly and severally hereby irrevocably and unconditionally guaranty (to the “Guaranty”) to Administrative Agent for the ratable benefit of the Beneficiaries the due and punctual payment in full of all Obligations of the Borrower 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) or any equivalent provision in any applicable jurisdiction) (each, a “Guaranteed Obligation” and, collectively, the “Guaranteed Obligations”).

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Solera Holdings, Inc)

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Guaranty of the Obligations. (a) Subject to the provisions of Section 7.2 and 7.13–7.177.2, the Guarantors jointly and severally hereby irrevocably and unconditionally guaranty (the “Guaranty”) to Administrative Agent for the ratable benefit of the Beneficiaries Secured Parties the due and punctual payment in full of all Obligations of the Borrower Obligations, as applicable 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) (or any the non-U.S. equivalent provision in any applicable jurisdictionthereof)) (each, a “Guaranteed Obligation” and, collectively, the “Guaranteed Obligations”).

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Handleman Co /Mi/)

Guaranty of the Obligations. Subject to the provisions of Section 7.2 and 7.13–7.177.2, the Guarantors jointly and severally hereby irrevocably and unconditionally guaranty (the “Guaranty”) to Administrative Agent for the ratable benefit of the Beneficiaries the due and punctual payment in full of all Obligations of the Borrower 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) or any equivalent provision in any applicable jurisdiction) (each, a “Guaranteed Obligation” and, collectively, the “Guaranteed Obligations”).

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Concordia Healthcare Corp.)

Guaranty of the Obligations. Subject to the provisions of Section 7.2 and 7.13–7.177.13, the Guarantors jointly and severally hereby irrevocably and unconditionally guaranty (the “Guaranty”) to Administrative Agent for the ratable benefit of the Beneficiaries the due and punctual payment in full of all Obligations of the Borrower 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) or any equivalent provision in any applicable jurisdiction) (each, a “Guaranteed Obligation” and, collectively, the “Guaranteed Obligations”).

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Solera Holdings LLC)

Guaranty of the Obligations. Subject to the provisions of Section 7.2 and 7.13–7.177.2, the Guarantors jointly and severally hereby irrevocably and unconditionally guaranty (the “Guaranty”) to Administrative Agent for the ratable benefit of the Beneficiaries the due and punctual payment in full of all Obligations (other than, with respect to any Guarantor, any Excluded Swap Obligations of the Borrower such Guarantor) 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) or any equivalent provision in any applicable jurisdiction)) (each, a “Guaranteed Obligation” and, collectively, the “Guaranteed Obligations”).. 104

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Douglas Dynamics, Inc)

Guaranty of the Obligations. Subject to the provisions of Section 7.2 and 7.13–7.177.02, the Guarantors jointly and severally hereby irrevocably and unconditionally guaranty (the “Guaranty”) to Administrative Agent for the ratable benefit of the Beneficiaries the due and punctual payment in full of all Obligations and payment obligations of Borrower under the Borrower Fee Letters, in each case 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) or any equivalent provision in any applicable jurisdiction)) (each, a “Guaranteed Obligation” and, collectively, the “Guaranteed Obligations”).

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Och-Ziff Capital Management Group LLC)

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