Examples of Guaranteed Obligations in a sentence
The Guarantor’s guaranty of the Guaranteed Obligations is irrevocable and continues for the duration of the Guaranteed Obligations.
If, for any reason whatsoever, the Purchaser shall fail to pay the Guaranteed Obligations, the Guarantor will promptly pay or cause to be paid the Guaranteed Obligations.
The Guarantor is guaranteeing the Guaranteed Obligations as primary obligor and not merely as surety.
Each of the Guarantors further agrees that the Guaranteed Obligations may be extended, increased or renewed, in whole or in part, without notice to, or further assent from such Guarantor, and that such Guarantor will remain bound upon its guaranty notwithstanding any extension, increase or renewal of any Guaranteed Obligation.
The Guarantor’s obligations under this Section 7(t) shall terminate upon the earlier of (x) the satisfaction in full of all Guaranteed Obligations and (y) the payment in full of the Payment Amounts.