Common use of Payment by Guarantor Clause in Contracts

Payment by Guarantor. Whenever Guarantor pays any sum which is or may become due under this Guaranty Agreement, written notice must be delivered to Administrative Agent contemporaneously with such payment.

Payment by Guarantor. Whenever Guarantor pays any sum which is or may become due under this Guaranty Agreement, Guarantor shall also deliver written notice must be delivered thereof to Administrative Agent contemporaneously with such payment. Such notice shall be effective for purposes of this paragraph when given with such payment to Agent in a manner prescribed for notices hereunder. For purposes of this Guaranty Agreement, in the absence of such notice in compliance with the provisions hereof, any sum received by Agent on account of the Guaranteed Obligations shall be conclusively deemed paid by Borrower.

Payment by Guarantor. Whenever any Guarantor pays any sum which is or may become due under this Guaranty Agreement, written notice must be delivered to Administrative Agent Lender contemporaneously with such payment.

Payment by Guarantor. Whenever Guarantor pays any sum which is or may become due under this Guaranty Agreement, written notice must be delivered to Administrative Agent contemporaneously with such payment. For purposes of this Guaranty Agreement, in the absence of such notice, any sum received by Administrative Agent or any Lender on account of the Guaranteed Obligations shall be conclusively deemed paid by Company.

Payment by Guarantor. Whenever any Guarantor pays any sum which is or may become due under this Guaranty Agreement, written notice must be delivered to Administrative the Agent contemporaneously with such payment. Such notice shall be effective for purposes of this paragraph when contemporaneously with such payment the Agent receives such notice in the manner otherwise prescribed for notices hereunder. For purposes of this Guaranty Agreement, in the absence of such notice in compliance with the provisions hereof, any sum received by the Agent or any Lender on account of the Guaranteed Obligations shall be conclusively deemed paid by the Borrowers.