Unconditional Guaranty definition

Unconditional Guaranty. The undersigned unconditionally guarantees that the Customer will timely perform all obligations under the above Agreement. The undersigned also waives any notification if the Customer is in default and consents to any extensions or modifications granted to the Customer. In the event of default, the undersigned will immediately pay all sums due under the terms of the Agreement without requiring Owner to proceed against Customer or any other party or exercise any rights in the Equipment. The undersigned, as to this guaranty, agrees to the designated forum and consents to personal jurisdiction, venue, and choice of law as stated in the Agreement, agrees to pay all costs and expenses, including attorney fees, incurred by Owner related to this guaranty and the Agreement, waives a jury trial and transfer of venue, and authorizes obtaining credit reports.

Unconditional Guaranty. This Unconditional Guaranty is a primary, original and immediate obligation of each Guarantor and is an absolute, unconditional, continuing and irrevocable guaranty of payment and performance and shall remain in full force and effect until the full, final and indefeasible payment of the Guarantied Obligations.

Unconditional Guaranty means the Unconditional Guaranty by the Company, in the form attached hereto as Exhibit K.

Examples of Unconditional Guaranty in a sentence

• Guarantor, on the day and year first written above, has caused this Unconditional Guaranty to be executed under seal.

• Each Noteholder may proceed to protect and enforce the Unconditional Guaranty by suit or suits or proceedings in equity, at law or in bankruptcy, and whether for the specific performance of any covenant or agreement contained herein or in execution or aid of any power herein granted or for the recovery of judgment for the obligations hereby guarantied or for the enforcement of any other proper, legal or equitable remedy available under applicable law.

• Every right and remedy given by the Unconditional Guaranty or by law to any Noteholder may be exercised from time to time as often as may be deemed expedient by such Person.

• The Unconditional Guaranty is a primary, original and immediate obligation of each Guarantor and is an absolute, unconditional, continuing and irrevocable guaranty of payment and performance and shall remain in full force and effect until the full, final and indefeasible payment in cash of the Guarantied Obligations.

• Promptly following the request of any holder of Notes in connection with any issuance of additional Notes pursuant to the terms of the Note Purchase Agreement, each Guarantor agrees to confirm in writing that the Unconditional Guaranty hereunder extends to the obligations of the Company evidenced by such newly issued Notes, and that such Notes are Guarantied Obligations hereunder.

More Definitions of Unconditional Guaranty

Unconditional Guaranty shall have the meaning assigned to such term in Section 11.01 hereof.

Unconditional Guaranty means that guaranty agreement that has been executed by Xxx X. Xxxxxxx, Xxxxx X. Xxxxxxx, Xxxxxxx X. Xxxxxxxx, Xxxxxx X. Xxxxxxxx, MXT Capital, LLC, Madeira Group, LLC and TXG, LLC, contemporaneously herewith pursuant to which they guaranty repayment of the Obligations.

Unconditional Guaranty shall have the meaning assigned to such term in Section 10.01(a) of this Agreement.

Unconditional Guaranty is defined in Section 13.1.

Unconditional Guaranty means that certain unconditional guaranty executed by Guarantor in favor of Bank, in form and substance acceptable to Bank and Guarantor, in the sole discretion of Bank and such Guarantor.”

Unconditional Guaranty is that certain Unconditional Guaranty entered into by SoundBite Communications Securities Corporation in favor of Bank dated as of the Effective Date. [Signature page follows.]

Unconditional Guaranty means that Unconditional Guaranty executed by the Guarantor of even date herewith in favor of Lender.