LIABILITIES OF GUARANTOR. 8.1 The Guarantor(s) guarantees to the Lender that in the event of the Borrower(s) failing to repay Installments of the Loan on the due dates for the payment under this Agreement or failing to pay the entire dues on recall of the Loan or on the happening of an Event of Default under this Agreement, the Guarantor(s) shall, on demand, promptly pay and make good the same without dispute or demur.
LIABILITIES OF GUARANTOR a) The guarantor(s) hereby guarantees to the bank that in the event of the Borrower(s) failing to pay the installments on the due dates for their payment or discharge any of his liabilities under this agreement, the guarantor(s) assures, undertakes and holds himself liable to the bank to pay on demand any such amounts without dispute or demur. However, any failure or delay on the part of the bank to make a demand on the occurrence of any default shall not relieve the guarantor(s) of liability under this agreement. Guarantor 1
LIABILITIES OF GUARANTOR. (1) Guarantor agrees to comply with all the terms and conditions of this Agreement and agrees to be liable, jointly and severally with the borrower, for the principal debt in the amount of Won together with interest, penalty and all other ancillary fees.
LIABILITIES OF GUARANTOR. 7.1 In consideration of the Bank agreeing to grant/ granting or continuing to make available the Loan so long as it may think fit to the Borrower(s), the Guarantor(s) jointly and severally hereby irrevocably and unconditionally guarantee the full performance of this Agreement by the Borrower(s) and all of its obligations hereunder and in connection herewith and regular and punctual payment of all sums payable under this Agreement by the Borrower(s); and in the event of any non-performance of the whole or any part of this Agreement by the Borrower(s), the Guarantor(s) hereby agree to the Bank, to irrevocably and unconditionally pay to the Bank forthwith upon each demand by the Bank from time to time all monies and discharge all obligations and liabilities whether actual or contingent now or anytime hereafter due, owing and incurred to the Bank by the Borrower(s)and without any demur, protest, counter-claim or set-off,contestation or reference to any other person/ Party, together with interest, (as well as before any demand or judgment) till the date of payment at such rates and upon such terms and conditions as the Bank may stipulate in this regard and all costs, fees, charges, and expenses as may from time to time be payable by the Borrower(s) in terms hereof.
LIABILITIES OF GUARANTOR. The Guarantor hereby absolutely and unconditionally guarantees (a) the accuracy and completeness of the Company’s representations and warranties (including those set forth in Section 13 of the Agreement), and the prompt and complete performance by the Company of the Company’s covenants and obligations in the Agreement, (b) the prompt and complete payment and performance of all present and future obligations owing from Company to QUASAR, including, without limitation, all obligations incurred by Company under the Agreement, any rider thereto, and any renewals, restatements, modifications or amendments thereof (and Guarantor expressly waives any consent or notice right that Guarantor may have with respect to such modification or amendment); (c) the prompt and complete payment and performance of all expenses and obligations of any nature that may become due or owing by Company to QUASAR under the Transaction Documents (as defined in the Agreement), and (d) the payment of any costs or expenses incurred by QUASAR in enforcing any of the foregoing (the foregoing obligations set forth in subsections (a) - (d) hereof collectively referred to herein as the “Guaranteed Obligations”). This is a guaranty of payment, and not of collection, and a debt of Guarantor for its own account. Accordingly, QUASAR shall not be obligated or required before enforcing the obligations of Guarantor: (a) to pursue any right or remedy QUASAR may have against the Company or any other person or commence any suit or other proceeding against the Company or any other person in any court or other tribunal; (b) to make any claim in a liquidation or bankruptcy of the Company or any other person; or (c) to make demand of the Company or any other person or to enforce or seek to enforce or realize upon any collateral security held by QUASAR which may secure any of the Guaranteed Obligations. This Guaranty is a continuing guaranty which shall extend until all Guaranteed Obligations have been paid in full and become unavoidable under the United States Bankruptcy Code and any other debtor-relief statute. Payments to be made by the Guarantor hereunder may be required by QUASAR on any number of occasions.
LIABILITIES OF GUARANTOR. The Guarantor hereby absolutely and unconditionally guarantees (a) the accuracy and completeness of the Company’s representations and warranties in the Agreement, and the prompt and complete performance by the Company of the Company’s covenants and obligations in the Agreement, (b) the prompt and complete payment and performance of all other discounts, expenses and obligations of any nature that shall become due or owing to FWC by the Company under the Agreement or pursuant to any modification or amendment thereof, and (c) any reasonable costs or expenses incurred by FWC in enforcing any of the foregoing (collectively, the “Obligations”). This Guaranty extends until all Obligations have been paid in full. Payments to be made by the Guarantor hereunder may be required by FWC on any number of occasions.
