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 Lenders for the ratable benefit of the Lenders the due and punctual payment in full in cash of all 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 (collectively, the “Guaranteed Obligations”).

Appears in 2 contracts

Samples: Mezzanine Credit and Guaranty Agreement (Isola Group Ltd.), Mezzanine Credit and Guaranty Agreement (Isola Group Ltd.)

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Guaranty of the Obligations. Subject to the provisions of Section 7.28.02, Guarantors jointly and severally the Guarantor hereby irrevocably and unconditionally guaranty guarantees to the Lenders for the ratable benefit of the Lenders Lender the due and punctual payment in full in cash of all Obligations 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 Code, 11 U.S.C. § 362(a)) (collectively, the “Guaranteed Obligations”).

Appears in 2 contracts

Samples: Credit Agreement (Montpelier Re Holdings LTD), Credit Agreement (Montpelier Re Holdings LTD)

Guaranty of the Obligations. Subject to the provisions of Section 7.211.2, the Guarantors jointly and severally hereby irrevocably and unconditionally guaranty to the Lenders for the ratable benefit of the Lenders each holder the due and punctual payment in full in cash of all Obligations obligations of the Company hereunder 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 Code) (collectively, the “Guaranteed Obligations”).

Appears in 1 contract

Samples: Note Purchase and Guaranty Agreement (American Midstream Partners, LP)

Guaranty of the Obligations. Subject to the provisions of Section 7.2, Guarantors jointly and severally hereby irrevocably and unconditionally guaranty to the Lenders for the ratable benefit of the Lenders the due and punctual payment in full in cash of all Obligations (including Hedge Agreements) of Company when the same shall become due, whether at stated maturity, by required prepayment, declaration, acceleration, demand or otherwise (otherwise, including amounts that would become due but for the operation of the automatic stay under Section 362(a) or any other provision of the Bankruptcy Code (collectively, the “Guaranteed Obligations”).

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Simmons Co)

Guaranty of the Obligations. Subject to the provisions of Section 7.27.02, Guarantors jointly and severally hereby irrevocably and unconditionally guaranty to the Lenders guarantee for the ratable benefit of the Lenders Secured Parties the due and punctual payment in full in cash of all Secured Obligations when the same shall become due, whether at stated maturity, by required prepayment, declaration, acceleration, demand 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 Code) (collectively, the “Guaranteed Obligations”).

Appears in 1 contract

Samples: Abl Credit Agreement (Franchise Group, Inc.)

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Guaranty of the Obligations. Subject to the provisions of Section 7.214.2, Guarantors jointly and severally hereby irrevocably and unconditionally guaranty to the Lenders for the ratable benefit of the Agent and Lenders the due and punctual payment in full in cash of all 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 Code) (collectively, the “Guaranteed Obligations”).

Appears in 1 contract

Samples: Loan Agreement (Us Concrete Inc)

Guaranty of the Obligations. Subject to the provisions of Section 7.2, Guarantors jointly and severally Guarantor hereby irrevocably and unconditionally guaranty guarantees to the Lenders for the ratable benefit of the Lenders the due and punctual payment in full in cash of all 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 Code, 11 U.S.C. § 362(a) or under any other applicable bankruptcy, insolvency or similar law now or hereafter in effect) (collectively, the “Guaranteed Obligations”).

Appears in 1 contract

Samples: Note Purchase and Security Agreement (Earthlink Inc)

Guaranty of the Obligations. Subject to the provisions of Section 7.27.02, Guarantors jointly and severally hereby irrevocably and unconditionally guaranty to the Lenders guarantee for the ratable benefit of the Lenders Beneficiaries the due and punctual payment in full in cash of all Obligations when the same shall become due, whether at stated maturity, by required prepayment, declaration, acceleration, demand demand, or otherwise (otherwise, including amounts that would become due but for the operation of the automatic stay under Section 362(a) of the Bankruptcy Code (collectively, the “Guaranteed Obligations”).

Appears in 1 contract

Samples: Second Lien Credit Agreement (Great Lakes Dredge & Dock CORP)

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