Payment Under the Guarantee Sample Clauses

Payment Under the Guarantee. Each Guarantor shall effect payment hereunder upon a request of the Facility Agent (or any other Finance Party through the Facility Agent) to that effect accompanied by a statement that the amount claimed from that Guarantor equals an amount which a Borrower (other than the Guarantor) has not paid when due.
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Payment Under the Guarantee 
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Related to Payment Under the Guarantee

  • Guarantee The Guarantor irrevocably and unconditionally agrees to pay in full to the Holders the Guarantee Payments (without duplication of amounts theretofore paid by the Issuer), as and when due, regardless of any defense, right of set-off or counterclaim that the Issuer may have or assert. The Guarantor's obligation to make a Guarantee Payment may be satisfied by direct payment of the required amounts by the Guarantor to the Holders or by causing the Issuer to pay such amounts to the Holders.

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