Common use of Undertaking of Obligation Clause in Contracts

Undertaking of Obligation. The Guarantor hereby irrevocably and unconditionally guarantees to the Guaranteed Parties (as hereinafter defined) the payment and performance of the Guaranteed Obligations (as herein defined) as and when the same shall be due and payable, whether by lapse of time, by acceleration of maturity or otherwise. The Guarantor hereby irrevocably and unconditionally covenants and agrees that it is fully and personally liable for the Guaranteed Obligations as a primary obligor.

Undertaking of Obligation. (a) The Guarantor hereby irrevocably and unconditionally guarantees to the Guaranteed Parties (as hereinafter defined) the payment and performance of the Guaranteed Obligations (as herein defined) as and when the same shall be due and payable, whether by lapse of time, by acceleration of maturity or otherwise. The ; provided that, in the aggregate, the maximum liability of the Guarantor hereby irrevocably and unconditionally covenants and agrees that it is fully and personally liable for under this Agreement with respect to the Capped Guaranteed Obligations as a primary obligorshall not exceed the Guarantee Cap Amount.

Undertaking of Obligation. The Guarantor hereby Guarantors hereby, jointly and severally, irrevocably and unconditionally guarantees guarantee to the Guaranteed Parties (as hereinafter defined) the payment and performance of the Guaranteed Obligations (as herein defined) as and when the same shall be due and payable, whether by lapse of time, by acceleration of maturity or otherwise. The Each Guarantor hereby hereby, jointly and severally, irrevocably and unconditionally covenants and agrees that it is fully and personally liable for the Guaranteed Obligations as a primary obligor.