Common use of Guaranty of the Obligations Clause in Contracts

Guaranty of the Obligations. Subject to the provisions of Section 7.2, Guarantors jointly and severally hereby irrevocably and unconditionally guaranty to the Beneficiaries the due and punctual payment in full of all Obligations (other than, with respect to any Guarantor, any Excluded Swap Obligations of 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)) (collectively, the “Guaranteed Obligations”).

Appears in 2 contracts

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

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Guaranty of the Obligations. Subject to the provisions of Section 7.27.02 and Section 7.08, Guarantors jointly and severally hereby irrevocably and unconditionally guaranty to Administrative Agent for the ratable benefit of the Beneficiaries the due and punctual payment in full of all Obligations (other thanand payment obligations of Borrower under the Fee Letter, with respect to any Guarantor, any Excluded Swap Obligations of such Guarantor) 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)) (collectively, the “Guaranteed Obligations”).

Appears in 2 contracts

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

Guaranty of the Obligations. Subject to the provisions of Section 7.27.02 and Section 7.08, Guarantors jointly and severally hereby irrevocably and unconditionally guaranty to Administrative Agent for the ratable benefit of the Beneficiaries the due and punctual payment in full of all Obligations (other thanand payment obligations of each Borrower under the Fee Letter, with respect to any Guarantor, any Excluded Swap Obligations of such Guarantor) 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)) (collectively, the “Guaranteed Obligations”).

Appears in 2 contracts

Samples: Senior Subordinated Term Loan and Guaranty Agreement (Och-Ziff Capital Management Group LLC), Governance Agreement (Och-Ziff Capital Management Group LLC)

Guaranty of the Obligations. Subject to the provisions of Section 7.210.02, the Guarantors jointly and severally hereby irrevocably and unconditionally guaranty to the Beneficiaries Lender (i) the due and punctual payment in full of all Obligations (and all other than, with respect amounts payable by the Borrower to any Guarantor, any Excluded Swap Obligations of such Guarantor) the Lender under the Transaction Documents when the same shall become due, whether at stated maturityStated 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)) and (ii) the performance of all other obligations of the Borrower hereunder (collectively, the “Guaranteed Obligations”).

Appears in 2 contracts

Samples: Working Capital Facility (Reliant Energy Inc), Working Capital Facility (Reliant Energy Inc)

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Guaranty of the Obligations. Subject to the provisions of Section 7.27.2 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 (other than, with respect to any Guarantor, any Excluded Swap Obligations of such Guarantor) 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: Two Year Equity Bridge Credit and Guaranty Agreement (Concordia Healthcare Corp.), Extended Equity Bridge Credit and Guaranty Agreement (Concordia Healthcare Corp.)

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