Common use of Other Actions Taken or Omitted Clause in Contracts

Other Actions Taken or Omitted. Any other action taken or omitted to be taken with respect to the Loan Documents, the Mortgage Loan Documents, the First Mezzanine Loan Documents, the Guaranteed Obligations, or the security and collateral therefor, whether or not such action or omission prejudices any Guarantor or increases the likelihood that any Guarantor will be required to pay the Guaranteed Obligations pursuant to the terms hereof, it being the unambiguous and unequivocal intention of each Guarantor that such Guarantor shall be obligated to pay the Guaranteed Obligations when due, notwithstanding any occurrence, circumstance, event, action, or omission whatsoever, whether contemplated or uncontemplated, and whether or not otherwise or particularly described herein, which obligation shall be deemed satisfied only upon the full and final payment and satisfaction of the Guaranteed Obligations.

Appears in 2 contracts

Samples: Guaranty of Completion (Morgans Hotel Group Co.), Mezzanine Guaranty Agreement (Morgans Hotel Group Co.)

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Other Actions Taken or Omitted. Any other action taken or omitted to be taken with respect to the Loan DocumentsNote, the Mortgage Loan DocumentsDeed of Trust, the First Mezzanine Other Loan Documents, the Guaranteed ObligationsRecourse Obligations of Borrower, or the security and collateral therefor, whether or not such action or omission prejudices any Guarantor or increases the likelihood that any Guarantor will be required to pay the Guaranteed Recourse Obligations of Borrower pursuant to the terms hereof, it being . It is the unambiguous and unequivocal intention of each Guarantor that such Guarantor shall be obligated to pay the Guaranteed Recourse Obligations of Borrower when due, notwithstanding any occurrence, circumstance, event, action, or omission whatsoever, whether contemplated or uncontemplatednot contemplated, and whether or not otherwise or particularly described herein, which obligation shall be deemed satisfied only upon the full and final payment and satisfaction of the Guaranteed ObligationsRecourse Obligations of Borrower.

Appears in 1 contract

Samples: Guaranty of Recourse Obligations (Maguire Properties Inc)

Other Actions Taken or Omitted. Any other action taken or omitted to be taken with respect to the Mortgage Loan Document, Mezzanine Loan Documents, the Mortgage Loan Documents, the First Mezzanine Loan Lease Documents, the Guaranteed Obligations, or the security and collateral therefor, whether or not such action or omission prejudices any Guarantor or increases the likelihood that any Guarantor will be required to pay the Guaranteed Obligations pursuant to the terms hereof, it being is the unambiguous and unequivocal intention of each Guarantor that such Guarantor it shall be obligated to pay the Guaranteed Obligations when due, notwithstanding any occurrence, circumstance, event, action, or omission whatsoever, whether contemplated or uncontemplated, and whether or not otherwise or particularly described herein, which obligation shall be deemed satisfied only upon the full and final payment and satisfaction of the Guaranteed Obligations.

Appears in 1 contract

Samples: Guaranty (Ventas Inc)

Other Actions Taken or Omitted. Any other action taken or omitted to be taken with respect to the Loan Documents, the Mortgage Loan Documents, the First Mezzanine Loan Documents, the Second Mezzanine Loan Documents, the Guaranteed Obligations, or the security and collateral therefor, whether or not such action or omission prejudices any Guarantor or increases the likelihood that any Guarantor will be required to pay the Guaranteed Obligations pursuant to the terms hereof, it being the unambiguous and unequivocal intention of each Guarantor that such Guarantor shall be obligated to pay the Guaranteed Obligations when due, notwithstanding any occurrence, circumstance, event, action, or omission whatsoever, whether contemplated or uncontemplated, and whether or not otherwise or particularly described herein, which obligation shall be deemed satisfied only upon the full and final payment and satisfaction of the Guaranteed Obligations.

Appears in 1 contract

Samples: Third Mezzanine Closing Guaranty of Completion (Morgans Hotel Group Co.)

Other Actions Taken or Omitted. Any other action taken or ------------------------------ omitted to be taken with respect to the Loan DocumentsLimited Partnership Agreement, the Mortgage Loan DocumentsContribution Agreement, the First Mezzanine Loan DocumentsIndemnity Agreement, or any other Operative Document, the Guaranteed Obligations, or the security and collateral therefor, whether or not such action or omission prejudices any Guarantor or increases the likelihood that any Guarantor will be required to pay and perform the Guaranteed Obligations pursuant to the terms hereof, ; it being the unambiguous and unequivocal intention of each Guarantor that such Guarantor shall be obligated to pay and perform the Guaranteed Obligations when due, notwithstanding any occurrence, circumstance, event, action, or omission whatsoever, whether contemplated or uncontemplated, and whether or not otherwise or particularly described herein, which obligation shall be deemed satisfied only upon except for the full and final payment and satisfaction of the Guaranteed Obligations.

Appears in 1 contract

Samples: Guaranty Agreement (Pure Resources Inc)

Other Actions Taken or Omitted. Any Prior to completion of foreclosure of the liens under the Loan Documents, any other action taken or omitted to be taken with respect to the Loan Documents, the Mortgage Loan Documents, the First Mezzanine Loan Documents, the Guaranteed Obligations, or the security and collateral Collateral therefor, whether or not such action or omission prejudices any Guarantor or increases the likelihood that any Guarantor will be required to pay or perform the Guaranteed Obligations pursuant to the terms hereof, it being is the unambiguous and unequivocal intention of each Guarantor that such Guarantor shall be obligated to pay and perform the Guaranteed Obligations when due, notwithstanding any occurrence, circumstance, event, action, or omission whatsoever, whether contemplated or uncontemplatednot contemplated, and whether or not otherwise or particularly described herein, which obligation and Guarantor’s liability hereunder shall be deemed satisfied only upon the full and final payment and satisfaction Payment in Full of the Guaranteed Obligations.

Appears in 1 contract

Samples: Credit Agreement (CBL & Associates Properties Inc)

Other Actions Taken or Omitted. Any other action taken or omitted to be taken with respect to the Loan Documents, the Mortgage Loan Documents, the First Mezzanine Loan Documents, the Guaranteed ObligationsObligation, or the security and collateral therefor, whether or not such action or omission prejudices any Guarantor or increases the likelihood that any Guarantor will be required to pay the Guaranteed Obligations Obligation pursuant to the terms hereof, it being the unambiguous and unequivocal intention of each Guarantor that such Guarantor shall be obligated to pay the Guaranteed Obligations Obligation when due, notwithstanding any occurrence, circumstance, event, action, or omission whatsoever, whether contemplated or uncontemplated, and whether or not otherwise or particularly described herein, which obligation shall be deemed satisfied only upon the full and final payment and satisfaction of the Guaranteed ObligationsObligation.

Appears in 1 contract

Samples: Second Mezzanine Guaranty Agreement (Morgans Hotel Group Co.)

Other Actions Taken or Omitted. Any other action taken or omitted to be taken with respect to the Loan Documents, the Mortgage Loan Documents, the First Mezzanine Loan Documents, the Second Mezzanine Loan Documents, the Guaranteed ObligationsObligation, or the security and collateral therefor, whether or not such action or omission prejudices any Guarantor or increases the likelihood that any Guarantor will be required to pay the Guaranteed Obligations Obligation pursuant to the terms hereof, it being the unambiguous and unequivocal intention of each Guarantor that such Guarantor shall be obligated to pay the Guaranteed Obligations Obligation when due, notwithstanding any occurrence, circumstance, event, action, or omission whatsoever, whether contemplated or uncontemplated, and whether or not otherwise or particularly described herein, which obligation shall be deemed satisfied only upon the full and final payment and satisfaction of the Guaranteed ObligationsObligation.

Appears in 1 contract

Samples: Third Mezzanine Guaranty Agreement (Morgans Hotel Group Co.)

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Other Actions Taken or Omitted. Any other action taken or omitted to be taken with respect to the Loan Documents, the Mortgage Loan Documents, the First Mezzanine Loan Documents, the Guaranteed ObligationsDebt, or the security and security, or the Property, and/or any collateral therefor, whether or not such action or omission prejudices any Guarantor or increases the likelihood that any Guarantor will be required to pay the Guaranteed Obligations Debt pursuant to the terms hereof, ; it being is the unambiguous and unequivocal intention of each Guarantor that such that, subject to the other provisions of this Guaranty, including without limitation, the last sentence of section 1.01 above, Guarantor shall be obligated to pay the Guaranteed Obligations Debt when due, notwithstanding any occurrence, circumstance, event, action, or omission whatsoever, whether contemplated or uncontemplatednot contemplated, and whether or not otherwise or particularly described herein, which obligation shall be deemed satisfied only upon except for the full and final payment and satisfaction of the Guaranteed ObligationsDebt.

Appears in 1 contract

Samples: Guaranty (Steadfast Income REIT, Inc.)

Other Actions Taken or Omitted. Any other action taken or omitted to be taken with respect to the Loan Documents, the Mortgage Loan Documents, the First Mezzanine Loan Documents, the Guaranteed Obligations, or the security and collateral therefor, whether or not such action or omission prejudices any Guarantor or increases the likelihood that any Guarantor will be required to pay the Guaranteed Obligations pursuant to the terms hereof, it being the unambiguous and unequivocal intention of each Guarantor that such Guarantor shall be obligated to pay the Guaranteed Obligations when due, notwithstanding any occurrence, circumstance, event, action, or omission whatsoever, whether contemplated or uncontemplated, and whether or not otherwise or particularly described herein, which obligation shall be deemed satisfied only upon the full and final payment and satisfaction of the Guaranteed Obligations.

Appears in 1 contract

Samples: Guaranty of Completion (Morgans Hotel Group Co.)

Other Actions Taken or Omitted. Any other action taken or omitted to be taken with respect to the Loan Documents, the Mortgage Loan Documents, the First Mezzanine Loan Documents, Guaranteed Obligations or any portion of the Guaranteed Obligations, or the security and collateral thereforfor the Guaranteed Obligations or any portion of the Guaranteed Obligations, whether or not such action or omission prejudices any the Guarantor or increases the likelihood that any the Guarantor will be required to pay the Guaranteed Obligations pursuant to the terms hereofof this Guaranty, it being the unambiguous and unequivocal intention of each the Guarantor that such the Guarantor shall be obligated to pay the Guaranteed Obligations when due, notwithstanding any occurrence, circumstance, event, action, or omission whatsoever, whether or not contemplated or uncontemplated, and whether or not otherwise or particularly described hereinin this Guaranty, which obligation shall will be deemed satisfied only upon the full and final payment and satisfaction of the Guaranteed Obligations.

Appears in 1 contract

Samples: Guaranty (TNP Strategic Retail Trust, Inc.)

Other Actions Taken or Omitted. Any other action taken or omitted to be taken with respect to the Loan Documents, the Mortgage Loan Documents, the First Mezzanine Loan Documents, the Guaranteed Obligations, Obligations or the security and collateral therefor, to the extent any such action is not expressly prohibited by the terms of the Loan Documents, whether or not such action or omission prejudices any Guarantor or increases the likelihood that any Guarantor will be required to pay the Guaranteed Obligations pursuant to the terms hereof, it being the unambiguous and unequivocal intention of each Guarantor that such Guarantor shall be obligated to pay the Guaranteed Obligations when due, notwithstanding any occurrence, circumstance, event, action, action or omission whatsoever, whether contemplated or uncontemplated, and whether or not otherwise or particularly described hereinherein (other than actions or omissions expressly agreed to in writing by Lender), which obligation shall be deemed satisfied only upon the full and final payment and satisfaction of the Guaranteed Obligations.

Appears in 1 contract

Samples: Guaranty of Recourse Obligations (Alexanders Inc)

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