Common use of Guaranty and Suretyship Clause in Contracts

Guaranty and Suretyship. Guarantor hereby unconditionally and irrevocably becomes guarantor and surety to Landlord, its successors and assigns for the full, faithful and punctual performance of each and all of the covenants, agreements and conditions of the Operating Subleases to be kept and performed by the other subtenants, including the punctual payment of all rent and any other monetary obligations due and owing by the other subtenants under the Operating Subleases (including monetary obligations owing by reason of a non-monetary default by Tenant), whether by acceleration or otherwise, in accordance with and within the time prescribed by the Operating Subleases, as well as all other liabilities now or hereafter contracted by subtenants with Master Tenant and/or Landlord, together with all costs and expenses (including reasonable attorneys’ fees and cost of suit) incurred by Landlord in connection with any of the foregoing (hereinafter collectively referred to as the “Liabilities”).

Guaranty and Suretyship. Guarantor hereby unconditionally and irrevocably becomes guarantor and surety to Landlord, its successors and assigns for the full, faithful and punctual performance of each and all of the covenants, agreements and conditions of the Operating Subleases Lease to be kept and performed by the other subtenantsTenant, including the punctual payment of all rent and any other monetary obligations due and owing by the other subtenants Tenant under the Operating Subleases Lease (including monetary obligations owing by reason of a non-monetary default by Tenant), whether by acceleration or otherwise, in accordance with and within the time prescribed by the Operating SubleasesLease, as well as all other liabilities now or hereafter contracted by subtenants Tenant with Master Tenant and/or Landlord, together with all costs and expenses (including reasonable attorneys’ fees and cost of suit) incurred by Landlord in connection with any of the foregoing (hereinafter collectively referred to as the “Liabilities”).

Guaranty and Suretyship. Guarantor hereby unconditionally and irrevocably becomes guarantor and surety to Landlord, its successors and assigns for the full, faithful and punctual performance of each and all of the covenants, agreements and conditions of the Operating Subleases Master Lease to be kept and performed by the other subtenantsTenant, including the punctual payment of all rent and any other monetary obligations due and owing by the other subtenants Tenant under the Operating Subleases Master Lease (including monetary obligations owing by reason of a non-monetary default by Tenant), whether by acceleration or otherwise, in accordance with and within the time prescribed by the Operating SubleasesMaster Lease, as well as all other liabilities now or hereafter contracted by subtenants Tenant with Master Tenant and/or Landlord, together with all costs and expenses (including reasonable attorneys’ fees and cost of suit) incurred by Landlord in connection with any of the foregoing (hereinafter collectively referred to as the “Liabilities”).