Original Guarantee definition
Examples of Original Guarantee in a sentence
Each Guarantor confirms its guarantee under Article II of the Original Guarantee and Collateral Agreement and absolutely, irrevocably and unconditionally guarantees to the Loan Secured Parties, jointly with the other Guarantors and severally, as a primary obligor and not merely as a surety, the due and punctual payment and performance of the Loan Obligations.
As used in this Supplemental Guarantee Agreement, terms defined in the Original Guarantee Agreement or in the preamble or recital hereto are used herein as therein defined.
All notices and other communications to the Company, Trustee or any Holder shall be given as provided in the Original Guarantee Agreement.
Capitalized terms used herein and not defined herein shall have the meanings ascribed to such terms in the Original Guarantee Agreement.
Except as expressly set forth herein or in the Amendment, this Guarantee does not extinguish the outstanding obligations of the Guarantors evidenced by the Original Guarantee or discharge or release any lien or security interest or any other security under the Credit Documents, all of which security interests shall continue under the Credit Documents.