Obligations Guaranteed. Guarantor hereby guarantees and becomes surety to Buyer for the full, prompt and unconditional payment and performance of the Obligations, when and as the same shall become due, whether at the stated maturity date, by acceleration or otherwise, and the full, prompt and unconditional performance of each term and condition to be performed by Company under the Debentures and the other Transaction Documents. This Guaranty is a primary obligation of Guarantor and shall be a continuing inexhaustible Guaranty. This is a guaranty of payment and not of collection. Buyer may require Guarantor to pay and perform its liabilities and obligations under this Guaranty and may proceed immediately against Guarantor without being required to bring any proceeding or take any action against Company or any other Person prior thereto; the liability of Guarantor hereunder being independent of and separate from the liability of Company, any other guarantor, any other Person, and the availability of other collateral security for the Debentures and the other Transaction Documents.
Appears in 2 contracts
Samples: Guaranty Agreement (Mota Group, Inc.), Guaranty Agreement (Star Mountain Resources, Inc.)
Obligations Guaranteed. Guarantor Guarantors, jointly and severally, hereby guarantees guarantee and becomes become surety to Buyer Lender for the full, prompt and unconditional payment and performance of the Obligations, when and as the same shall become due, whether at the stated maturity date, by acceleration or otherwise, and the full, prompt and unconditional performance of each term and condition to be performed by Company Borrower under the Debentures Credit Agreement and the other Transaction Loan Documents. This Guaranty is a primary obligation of Guarantor Guarantors and shall be a continuing inexhaustible Guaranty. This is a guaranty of payment and not of collection. Buyer Lender may require Guarantor Guarantors to pay and perform its their liabilities and obligations under this Guaranty and may proceed immediately against Guarantor Guarantors without being required to bring any proceeding or take any action against Company Borrower or any other Person prior thereto; the liability of Guarantor Guarantors hereunder being independent of and separate from the liability of CompanyBorrower, any other guarantor, any other Person, and the availability of other collateral Collateral security for the Debentures Loan and the other Transaction Loan Documents.
Appears in 2 contracts
Samples: Senior Secured Credit Facility Agreement (Drone USA Inc.), Guaranty Agreement (Sack Lunch Productions Inc.)
Obligations Guaranteed. Guarantor Guarantors hereby guarantees guaranty and becomes become surety to Buyer Rennova for the full, prompt and unconditional payment and performance of the Obligations, when and as the same shall become due, whether at the stated maturity date, by acceleration or otherwise, and the full, prompt and unconditional performance of each term and condition to be performed by Company under the Debentures Note and the other Transaction Documents. This Guaranty is a primary obligation of Guarantor Guarantors and shall be a continuing inexhaustible Guaranty. This is a guaranty of payment and not of collection. Buyer Rennova may require Guarantor Guarantors to pay and perform its their liabilities and obligations under this Guaranty and may proceed immediately against Guarantor Guarantors without being required to bring any proceeding or take any action against Company or any other Person prior thereto; the liability of Guarantor Guarantors hereunder being independent of and separate from the liability of Company, any other guarantor, any other Person, and the availability of other collateral security for the Debentures Note and the other Transaction Documents.
Appears in 2 contracts
Samples: Guaranty Agreement (Rennova Health, Inc.), Guaranty Agreement (Foxo Technologies Inc.)
Obligations Guaranteed. Guarantor Guarantors, jointly and severally, hereby guarantees guarantee and becomes become surety to Buyer Lender for the full, prompt and unconditional payment and performance of the Obligations, when and as the same shall become due, whether at the stated maturity date, by acceleration or otherwise, and the full, prompt and unconditional performance of each term and condition to be performed by Company under the Debentures Credit Agreement and the other Transaction Loan Documents. This Guaranty is a primary obligation of Guarantor Guarantors and shall be a continuing inexhaustible Guaranty. This is a guaranty of payment and not of collection. Buyer Lender may require Guarantor Guarantors to pay and perform its their liabilities and obligations under this Guaranty and may proceed immediately against Guarantor Guarantors without being required to bring any proceeding or take any action against Company or any other Person prior thereto; the liability of Guarantor Guarantors hereunder being independent of and separate from the liability of Company, any other guarantor, any other Person, and the availability of other collateral security for the Debentures Loan and the other Transaction Loan Documents.
Appears in 2 contracts
Samples: Guaranty Agreement (Pulse Network, Inc.), Guaranty Agreement (Pulse Network, Inc.)
Obligations Guaranteed. Guarantor Guarantors hereby guarantees guaranty and becomes become surety to Buyer for the full, prompt and unconditional payment and performance of the Obligations, when and as the same shall become due, whether at the stated maturity date, by acceleration or otherwise, and the full, prompt and unconditional performance of each term and condition to be performed by Company under the Debentures and the other Transaction Documents. This Guaranty is a primary obligation of Guarantor Guarantors and shall be a continuing inexhaustible Guaranty. This is a guaranty of payment and not of collection. Buyer may require Guarantor Guarantors to pay and perform its liabilities and obligations under this Guaranty and may proceed immediately against Guarantor Guarantors without being required to bring any proceeding or take any action against Company or any other Person prior thereto; the liability of Guarantor Guarantors hereunder being independent of and separate from the liability of Company, any other guarantorGuarantors, any other Person, and the availability of other collateral security for the Debentures and the other Transaction Documents.
Appears in 1 contract
Samples: Guaranty Agreement (Fat Brands, Inc)
Obligations Guaranteed. Guarantor The Guarantors hereby guarantees guarantee and becomes surety become sureties to Buyer for the full, prompt and unconditional payment and performance of the Obligations, when and as the same shall become due, whether at the stated maturity date, by acceleration or otherwise, and the full, prompt and unconditional performance of each term and condition to be performed by Company under the Debentures and the other Transaction Documents. This Guaranty is a primary obligation of Guarantor the Guarantors and shall be a continuing inexhaustible Guaranty. This is a guaranty of payment and not of collection. Buyer may require Guarantor the Guarantors to pay and perform its their liabilities and obligations under this Guaranty and may proceed immediately against Guarantor the Guarantors without being required to bring any proceeding or take any action against Company or any other Person prior thereto; the liability of Guarantor the Guarantors hereunder being independent of and separate from the liability of Company, any other guarantor, any other Person, and the availability of other collateral security for the Debentures and the other Transaction Documents.
Appears in 1 contract
Obligations Guaranteed. Guarantor hereby guarantees and becomes surety to Buyer Lender for the full, prompt and unconditional payment and performance of the Obligations, when and as the same shall become due, whether at the stated maturity date, by acceleration or otherwise, and the full, prompt and unconditional performance of each term and condition to be performed by Company Borrower under the Debentures Credit Agreement and the other Transaction Loan Documents. This Guaranty is a primary obligation of Guarantor and shall be a continuing inexhaustible Guaranty. This is a guaranty of payment and not of collection. Buyer Lender may require Guarantor to pay and perform its their liabilities and obligations under this Guaranty and may proceed immediately against Guarantor without being required to bring any proceeding or take any action against Company Borrower or any other Person prior thereto; the liability of Guarantor hereunder being independent of and separate from the liability of CompanyBorrower, any other guarantor, any other Person, and the availability of other collateral Collateral security for the Debentures Loan and the other Transaction Loan Documents.
Appears in 1 contract
Obligations Guaranteed. Guarantor hereby guarantees and becomes surety to Buyer Lender for the full, prompt and unconditional payment and performance of the Obligations, when and as the same shall become due, whether at the stated maturity date, by acceleration or otherwise, and the full, prompt and unconditional performance of each term and condition to be performed by Company Borrower under the Debentures Credit Agreement and the other Transaction Loan Documents. This Guaranty is a primary obligation of Guarantor and shall be a continuing inexhaustible Guaranty. This is a guaranty of payment and not of collection. Buyer Lender may require Guarantor to pay and perform its liabilities and obligations under this Guaranty and may proceed immediately against Guarantor without being required to bring any proceeding or take any action against Company Borrower or any other Person prior thereto; the liability of Guarantor hereunder being independent of and separate from the liability of CompanyBorrower, any other guarantor, any other Person, and the availability of other collateral security for the Debentures Loan and the other Transaction Loan Documents.
Appears in 1 contract
Obligations Guaranteed. Each Guarantor hereby hereby, jointly and severally, guarantees and becomes surety to each Buyer for the full, prompt and unconditional payment and performance of the Obligations, when and as the same shall become due, whether at the stated maturity date, by acceleration or otherwise, and the full, prompt and unconditional performance of each term and condition to be performed by Company under the Debentures and the other Transaction Documents. This Guaranty is a primary obligation of each Guarantor and shall be a continuing inexhaustible Guaranty. This is a guaranty of payment and not of collection. Each Buyer may require a Guarantor to pay and perform its liabilities and obligations under this Guaranty and may proceed immediately against such Guarantor without being required to bring any proceeding or take any action against Company or any other Person prior thereto; the liability of each Guarantor hereunder being independent of and separate from the liability of Company, any other guarantor, any other Person, and the availability of other collateral security for the Debentures and the other Transaction Documents.
Appears in 1 contract
Samples: Guaranty Agreement (LifeMD, Inc.)
Obligations Guaranteed. Each Guarantor hereby hereby, jointly and severally, guarantees and becomes surety to Buyer for the full, prompt and unconditional payment and performance of the Obligations, when and as the same shall become due, whether at the stated maturity date, by acceleration or otherwise, and the full, prompt and unconditional performance of each term and condition to be performed by Company under the Debentures and the other Transaction Documents. This Guaranty is a primary obligation of each Guarantor and shall be a continuing inexhaustible Guaranty. This is a guaranty of payment and not of collection. Buyer may require a Guarantor to pay and perform its liabilities and obligations under this Guaranty and may proceed immediately against such Guarantor without being required to bring any proceeding or take any action against Company or any other Person prior thereto; the liability of each Guarantor hereunder being independent of and separate from the liability of Company, any other guarantor, any other Person, and the availability of other collateral security for the Debentures and the other Transaction Documents.
Appears in 1 contract
Obligations Guaranteed. Guarantor hereby guarantees and becomes surety to Buyer Lender for the full, prompt and unconditional payment and performance of the Obligations, when and as the same shall become due, whether at the stated maturity date, by acceleration or otherwise, and the full, prompt and unconditional performance of each term and condition to be performed by Company Borrower under the Debentures Credit Agreement and the other Transaction Loan Documents. This Guaranty is a primary obligation of the Guarantor and shall be a continuing inexhaustible Guaranty. This is a guaranty of payment and not of collection. Buyer Lender may require Guarantor to pay and perform its their liabilities and obligations under this Guaranty and may proceed immediately against the Guarantor without being required to bring any proceeding or take any action against Company Borrower or any other Person prior thereto; the liability of Guarantor hereunder being independent of and separate from the liability of CompanyBorrower, any other guarantor, any other Person, and the availability of other collateral Collateral security for the Debentures Loan and the other Transaction Loan Documents.
Appears in 1 contract
Samples: Guaranty Agreement (SRAX, Inc.)
Obligations Guaranteed. Guarantor The Guarantors hereby guarantees jointly and severally guarantee and becomes surety to Buyer for the full, prompt and unconditional payment and performance of the Obligations, when and as the same shall become due, whether at the stated maturity date, by acceleration or otherwise, and the full, prompt and unconditional performance of each term and condition to be performed by Company under the Debentures Note and the other Transaction DocumentsAgreements. This Guaranty is a primary obligation of Guarantor Guarantors and shall be a continuing inexhaustible Guaranty. This is a guaranty of payment and not of collection. Buyer may require Guarantor Guarantors to pay and perform its liabilities and obligations under this Guaranty and may proceed immediately against Guarantor Guarantors (individually or together) without being required to bring any proceeding or take any action against Company or any other Person prior thereto; the liability of Guarantor Guarantors hereunder being independent of and separate from the liability of Company, any other guarantor, any other Person, and the availability of other collateral security for the Debentures Note and the other Transaction DocumentsAgreements.
Appears in 1 contract
Obligations Guaranteed. Guarantor hereby guarantees and becomes surety to Buyer for the full, prompt and unconditional payment and performance of the Obligations, when and as the same shall become due, whether at the stated maturity date, by acceleration or otherwise, and the full, prompt and unconditional performance of each term and condition to be performed by Company under the Debentures Note and the other Transaction DocumentsAgreements. This Guaranty is a primary obligation of Guarantor and shall be a continuing inexhaustible Guaranty. This is a guaranty of payment and not of collection. Buyer may require Guarantor to pay and perform its liabilities and obligations under this Guaranty and may proceed immediately against Guarantor without being required to bring any proceeding or take any action against Company or any other Person prior thereto; the liability of Guarantor hereunder being independent of and separate from the liability of Company, any other guarantor, any other Person, and the availability of other collateral security for the Debentures Note and the other Transaction DocumentsAgreements.
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