New Century Guaranty definition
Examples of New Century Guaranty in a sentence
The Borrowers agree to pay as and when billed by the Agent all of the out-of-pocket costs and expenses incurred by the Agent in connection with the development, preparation and execution of, and any amendment, supplement or modification to, this Loan Agreement, the Notes, any other Loan Document or any other documents prepared in connection herewith or therewith, including the New Century Guaranty.
The New Century Guaranty, executed and delivered by a duly authorized officer of the Guarantor.
Pursuant to the New Century Guaranty, New Century Financial Corporation, a Delaware corporation (the “Guarantor”), has unconditionally and absolutely guaranteed to the Lender and its successors and assigns the full and prompt payment of all amounts due and owing by the Borrowers under the Loan Agreement, as and when they shall become due thereunder.
The Borrower agrees to pay as and when billed by the Lender all of the out-of-pocket costs and expenses incurred by the Lender in connection with the development, preparation and execution of, and any amendment, supplement or modification to, this Loan Agreement, the Note, any other Loan Document or any other documents prepared in connection herewith or therewith, including the New Century Guaranty.
Although consent of the Guarantor is not required, as a convenience to the parties, the Guarantor hereby acknowledges the modifications effected by this Amendment, including, without limitation, the increase of the Maximum Credit and the joinder of NCRII as a “Borrower” under the Loan Agreement, and the Guarantor hereby affirms and confirms its obligations under the New Century Guaranty in respect the Loan Agreement.
Although consent of the Guarantor is not required, as a convenience to the parties, the Guarantor hereby acknowledges the modifications effected by this Amendment, and the Guarantor hereby affirms and confirms its obligations under the New Century Guaranty in respect the Loan Agreement.
The Guarantor hereby represents and warrants to the Lender that it is in compliance with all the terms and provisions set forth in the Loan Documents on its part to be observed or performed, and that no Default or Event of Default has occurred and is continuing, and hereby confirms and reaffirms the representations and warranties contained in Section 10 of the New Century Guaranty.
The New Century Guaranty, duly executed and delivered by the Guarantor.
The events development fund relies on and leverages off a number of other resources and infrastructure.
Except as expressly amended, waived or modified by this Amendment, the Existing Loan Agreement shall continue to be, and shall remain, in full force and effect in accordance with its terms; provided, however, that reference therein and herein to the “Loan Documents” shall be deemed to include, in any event, (i) the Existing Loan Agreement, (ii) this Amendment, (iii) the Note, (iv) the Custodial Agreement, (v) the Control Agreement and (vi) the New Century Guaranty.