Common use of Guarantee of Payment and Performance Clause in Contracts

Guarantee of Payment and Performance. This Guarantee is a guarantee of payment and performance and not of collection and is in addition and without prejudice to any securities of any kind now or hereafter held by any Beneficiary.

Appears in 4 contracts

Sources: Credit Agreement (PENGROWTH ENERGY Corp), Credit Agreement (PENGROWTH ENERGY Corp), Credit Agreement (Pengrowth Energy Trust)

Guarantee of Payment and Performance. This Guarantee is a guarantee of payment and performance and not of collection and is in addition and without prejudice to any securities of any kind now or hereafter held by any Beneficiarythe Lender.

Appears in 3 contracts

Sources: Guarantee and Indemnity (Anthony Clark International Insurance Brokers LTD), Credit Note (Anthony Clark International Insurance Brokers LTD), Guarantee and Indemnity (Anthony Clark International Insurance Brokers LTD)

Guarantee of Payment and Performance. This Guarantee is a guarantee of payment and performance and not of collection and is in addition and without prejudice to any securities of any kind now or hereafter held by the Administrative Agent or any BeneficiaryLender.

Appears in 3 contracts

Sources: Term Credit Agreement (ENERPLUS Corp), Credit Agreement (ENERPLUS Corp), Credit Agreement (ENERPLUS Corp)

Guarantee of Payment and Performance. This Guarantee is a guarantee of payment and performance and not of collection and is in addition and without prejudice to any securities of any kind now or hereafter held by any the Beneficiary.

Appears in 1 contract

Sources: Guarantee (Paramount Energy Trust)

Guarantee of Payment and Performance. This Guarantee is a guarantee of payment and performance and not of collection and is in addition and without prejudice to any securities of any kind now or hereafter held by the Agent or any BeneficiaryLender.

Appears in 1 contract

Sources: Guarantee (Paramount Energy Trust)

Guarantee of Payment and Performance. This Guarantee is a guarantee of payment and performance and not of collection and is in addition and without prejudice to any securities of any kind now or hereafter held by the Agent or any other Beneficiary.

Appears in 1 contract

Sources: Credit Agreement (SemGroup Corp)