Common use of Additional Guarantee Clause in Contracts

Additional Guarantee. The Additional Guarantor hereby guarantees the Company's obligations under the Indenture and the Notes to the same extent that the Guarantors have guaranteed the Company's obligations under the Indenture and the Notes. With specific reference to Article 10 of the Indenture but without limiting the generality of the foregoing, the Additional Guarantor hereby unconditionally and irrevocably guarantees to each Holder and to the Trustee and its successors and assigns (a) the full and punctual payment of principal of, premium, if any, and interest and Liquidated Damages, if any, on the Notes when due, whether at maturity, by acceleration, by redemption or otherwise, and all other monetary obligations of the Company under the Indenture and the Notes and (b) the full and punctual performance within applicable grace periods of all other obligations of the Company under the Indenture and the Notes, in each case to the extent, but only to the extent, that such obligations are guaranteed by the Guarantors pursuant to the Indenture, all as if the Additional Guarantor were a Guarantor party to the Indenture.

Appears in 2 contracts

Sources: First Supplemental Indenture (Pierre Leasing LLC), Second Supplemental Indenture (Fresh Foods Inc)