Common use of Secured Guarantees Clause in Contracts

Secured Guarantees. Each Subsidiary Guarantor unconditionally guarantees the full and punctual payment of each Secured Obligation when due (whether at stated maturity, upon acceleration or otherwise). If any Borrower fails to pay any Secured Obligation punctually when due, each Subsidiary Guarantor agrees that it will forthwith on demand pay the amount not so paid at the place and in the manner specified in the relevant Secured Agreement.

Secured Guarantees. Each Subsidiary Guarantor Debtor unconditionally guarantees the full and punctual payment of each Secured Obligation when due (whether at stated maturity, upon acceleration or otherwise). If any Borrower other Debtor fails to pay any Secured Obligation punctually when due, each Subsidiary Guarantor Debtor agrees that it will forthwith on demand pay the amount not so paid at the place and in the manner specified in the relevant Secured AgreementFinancing Document.

Secured Guarantees. Each Subsidiary Guarantor unconditionally guarantees to the Collateral Agent for the benefit of the Lenders the full and punctual payment satisfaction of each Secured Obligation of the Borrower under the Loan Documents when due (whether at stated maturity, upon acceleration or otherwise). If any the Borrower fails to pay satisfy any Secured Obligation punctually when due, each Subsidiary Guarantor jointly and severally agrees that it will forthwith on demand pay the amount not so paid at the place and in the manner specified herein or in the any other relevant Secured AgreementLoan Document.