Promise to Pay and Perform. Guarantor unconditionally and irrevocably guarantees to Creditor the prompt payment and performance of the Guaranteed Obligations whether or not the Guaranteed Obligations are found to be invalid, illegal or unenforceable, this being a guaranty of payment and not a guaranty of collection.
Appears in 6 contracts
Samples: Guaranty and Security Agreement (Biozone Pharmaceuticals, Inc.), Guaranty and Security Agreement (Jones Soda Co), Guaranty and Security Agreement (Jones Soda Co)
Promise to Pay and Perform. Guarantor unconditionally and irrevocably guarantees to Creditor the prompt payment and performance of the Guaranteed Obligations Obligations, and agrees to pay same on demand, without regard to any reduction in the amount thereof in any insolvency proceeding of the Debtor, whether or not the Guaranteed Obligations are found to be invalid, illegal or unenforceable, this being a guaranty of payment and not a guaranty of collection.
Appears in 3 contracts
Samples: Guaranty and Security Agreement (Cardiff Lexington Corp), Guaranty and Security Agreement (Cardiff Lexington Corp), Guaranty (BK Technologies Corp)
Promise to Pay and Perform. Guarantor unconditionally and irrevocably guarantees to Creditor the prompt payment and performance of the Guaranteed Obligations Obligations, and agrees to pay same on demand, whether or not the Guaranteed Obligations are found to be invalid, illegal or unenforceable, this being a guaranty of payment and not a guaranty of collection.
Appears in 1 contract
Samples: Guaranty Agreement (Enservco Corp)
