Examples of Domestic Guaranty in a sentence
Additionally, pursuant to that certain Third Amended and Restated Guaranty (Canadian Borrower Obligations), dated May 17, 2012 (as the same has been amended, restated, supplemented or otherwise modified from time to time, the “Canadian Guaranty,” and together with the Domestic Guaranty, the “Guaranties”), Corinthian and the Guarantors guaranteed the Canadian Borrower’s obligations under the Credit Agreement.
Pursuant to the terms of that certain Domestic Guaranty dated as of the date hereof, certain Domestic Subsidiaries of the Company have guaranteed the payment and performance of the Obligations.
In consideration for the execution and delivery by the Domestic Guarantors (other than Interface) of their Domestic Guaranty Agreement, Interface agrees to make the benefit of extensions of credit made to it hereunder available to the Domestic Guarantors.
The Company will cause (i) each applicable Wholly Owned Domestic Subsidiary (other than an Excluded Subsidiary) of the Company to guarantee the Obligations pursuant to the Domestic Guaranty, and (ii) subject to the Foreign Guarantee and Collateral Exception, each Foreign Credit Party to guarantee the Obligations with respect to the Tranche B-2 Term Loans pursuant to the Foreign Guaranty.
The Domestic Guaranty set forth in this ARTICLE X is a guaranty of timely payment and not of collection.