Examples of Group Guaranty in a sentence
The Trustee also hereby acknowledges the assignment to it and receipt by it of the Xxxxxxx Group Guaranty and the Co-lender Agreement and the Reinvestment Enhancement Instrument described in clause (a) of the definition thereof.
For the avoidance of doubt, the Guarantee Claims Reinstated pursuant to this Article III.G.3 shall include the Amended CIT Group Guaranty (as defined in the Amended and Restated Confirmation attached hereto as Exhibit C), which Amended CIT Group Guaranty shall be Reinstated and shall not be Impaired in any respect by CIT Group Inc.
Except as specifically provided herein, all the terms of the Loan Agreement, the Promissory Notes, the Group Guaranty, the Pledge Agreement, the Collateral Assignment, and the other Gise Xxxn Documents (as defined in the Loan Agreement) and their related documents are unaffected hereby and remain in full force and effect.
The failure by any Borrower, ACPT or any of the Subsidiary Entities to perform, observe or comply with any of the Negative Covenants contained in Section 6 of this Agreement, any of the Negative Covenants contained in the ACPT Guaranty, the IGP Group Guaranty, the American Housing Guaranty, the American Rental Guaranty or the American Management Guaranty, or any of the Covenants contained in the Stock Pledge Agreement.
The Managing Agents shall have received originally executed counterparts for each Lender of (a) the Group Guaranty, dated as of the date hereof, duly executed by an Authorized Officer of Group and (b) the Subsidiary Guaranty, dated as of the date hereof, duly executed by an Authorized Officer of each Domestic Subsidiary that is a party thereto.
The name of the Guarantor contained in the introductory paragraph of the Group Guaranty is amended to read as set forth on Schedule 1.2 attached hereto with respect to Group.
The Seller Guarantor hereby acknowledges and agrees that the Rank Group Guaranty constitutes an absolute, present, primary, continuing and unconditional guaranty of performance, compliance and payment by Seller of the Seller Obligations when due under this Agreement and not of collection only and is in no way conditioned or contingent upon any attempt to enforce such performance, compliance or payment by a guaranteed party upon any other condition or contingency.
The name of the Guarantors contained in the first sentence of Section 1 of the Group Guaranty are amended to read as set forth on Schedule 1.2 attached hereto.
Asta Group executed (a) the Limited Recourse Guaranty Agreement, dated as of February 20, 2009 (the “Asta Group Guaranty” and together the Multi-Party Guaranty, the “Guarantees”) in favor of the Collateral Agent and (b) the Collateral Assignment of Note (the “Collateral Assignment” and together with the Multi-Guarantor Security Agreement, the “Security Agreements”) securing the obligations of the Asta Group under the Asta Group Guaranty.
Group hereby recognizes, ratifies, approves and confirms the validity of the Group Guaranty and agrees that the Group Guaranty continues to secure the indebtedness evidenced by the Loan Agreement as amended by this Fifth Amendment and the documents related thereto.