Common use of Payment and Performance Guaranty Clause in Contracts

Payment and Performance Guaranty. Xxxxx unconditionally, absolutely, continually and irrevocably guarantees, as principal and not as surety, to Buyer the punctual and complete payment in full when due of all Buyer Indemnified Costs by the Indemnifying Party under the Agreement (collectively, the “Payment Obligations”). Xxxxx agrees that Buyer shall be entitled to enforce directly against Xxxxx any of the Payment Obligations.

Payment and Performance Guaranty. Xxxxx unconditionally, absolutely, continually and irrevocably guarantees, as principal and not as surety, to each Buyer the punctual and complete payment in full when due of all Buyer Indemnified Costs by the Indemnifying Party under the Agreement (collectively, the “Payment Obligations”). Xxxxx agrees that each Buyer shall be entitled to enforce directly against Xxxxx any of the Payment Obligations.

Payment and Performance Guaranty. Xxxxx unconditionally, absolutely, continually and irrevocably guarantees, as principal and not as surety, to Buyer the Operator the punctual and complete payment in full when due of all Buyer Indemnified Costs by amounts due from the Indemnifying Party Xxxxx Entities under the Agreement (collectively, the “Xxxxx Payment Obligations”). Xxxxx agrees that Buyer the Operator shall be entitled to enforce directly against Xxxxx any of the Xxxxx Payment Obligations.