Common use of Default of Guarantor Clause in Contracts

Default of Guarantor. The failure of the Guarantor to perform any obligation under the Guaranty in a timely manner.

Appears in 2 contracts

Sources: Design Build Agreement, Design Build Agreement

Default of Guarantor. The failure of the Guarantor to make any payment or perform any other obligation under the Guaranty Agreement in a timely manner.

Appears in 1 contract

Sources: Design Build Contract

Default of Guarantor. The failure of the Guarantor to make any payment or perform any other obligation under the Guaranty Agreement in a timely manner., or the attempted termination or revocation by the Guarantor of the Guaranty, or the failure of the Company or the Guarantor to comply with the terms and conditions of Section 13.1 (Guarantor);

Appears in 1 contract

Sources: Wastewater Treatment System Operations, Maintenance, and Management Services Agreement