Common use of Obligations Guaranteed Clause in Contracts

Obligations Guaranteed. In consideration of The Toronto-Dominion Bank ("TD") dealing with or continuing to deal with the Customer, you guarantee payment on demand, of all present and future debts and liabilities of the Customer to TD, ("Obligations"), Obligations includes, without limitation, debts and liabilities, both direct and indirect, (whether incurred alone or jointly with others, whether absolute or contingent, whether matured or not matured, and whether for principal, interest or fees) of the Customer under any and all credit facilities, overdrafts, guarantees, letters of credit, indemnities and includes all costs and expenses, including legal fees and expenses, incurred by TD in connection with its dealings with the Customer. You agree to be bound by each of the toy ms and conditions set out below.

Appears in 4 contracts

Samples: Postponement and Assignment of Creditors Claim (Spectrum International Inc), Postponement and Assignment of Creditors Claim (Natco International Inc.), Postponement and Assignment of Creditors Claim (Natco International Inc.)

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