Guaranty Documents Sample Clauses

Guaranty Documents. To secure the Obligations and the Notes, each of the Guarantors shall execute and deliver to Agent the Guaranty Agreements.

Guaranty Documents. Each Subsidiary of the Borrower (including Palestine Limited Partnership but excluding other Permitted Joint Ventures constituting Non-Wholly Owned Subsidiaries) existing as of the Amendment Effective Date shall have duly authorized, executed and delivered to the Agent and each Lender a Guaranty Agreement and the other Guaranty Documents in form and substance satisfactory to the Lenders, each such document shall be in full force and effect and no Default shall exist thereunder, and the Agent and each Lender shall have received a fully executed original thereof.

Guaranty Documents. Each Guarantor shall have duly authorized, executed and delivered to the Administrative Agent and each Lender a Guaranty Agreement and the Guaranty Documents in form and substance satisfactory to the Lenders, each such document shall be in full force and effect and no Default shall exist thereunder, and the Administrative Agent and each Lender shall have received a fully executed original thereof.

Guaranty Documents. (i) Any provision of any Guaranty Document shall for any reason (other than pursuant to the terms thereof) cease to be valid and binding on or enforceable against Borrower or other Person party thereto (except to the extent that the same results solely from an act or omission of the Agent or the Lenders), or Borrower or such Person shall so state in writing or bring an action to limit its obligations or liabilities thereunder; or (ii) Any party to a Guaranty Document (other than the Agent or Lenders) shall fail to perform or observe any term or covenant contained in such Guaranty Document, and such failure shall continue uncured for a period of 20 days after the earlier of (A) the date upon which a Responsible Officer of Borrower knew or received written notice of such failure or (B) the date upon which written notice thereof is given to Borrower by the Agent, or any other event or condition shall occur or exist under a Guaranty Document that constitutes an "Event of Default" as defined therein; or (iii) The REIT or any Guarantor Subsidiary shall fail to perform or observe (A) any term, covenant or agreement in Section 1, 9, or 12(a) through (g), inclusive, of the guaranty in the REIT Guaranty Documents or incorporated from Sections 6.6, 6.10 and 6.11 and Article VII of the Credit Agreement into Section 12(h) of such guaranty, or (B) any other term, covenant or agreement in the REIT Guaranty Documents, and such failure shall continue unremedied for a period of 20 days after the earlier of (I) the date upon which a Responsible Officer knew or received written notice of such failure or (II) the date upon which written notice thereof is given to Borrower or the REIT (or any Subsidiary party thereto) by the Agent; or the REIT Guaranty Documents shall for any reason be partially (including with respect to future advances) or wholly revoked or invalidated, or otherwise cease to be in full force and effect; or the REIT (or any Subsidiary party thereto) shall contest in any manner the validity or enforceability thereof or deny that the REIT (or any Subsidiary party thereto) has any further liability or obligation thereunder.

Guaranty Documents. Each Subsidiary of the Borrower (other than The Wood▇▇▇ ▇▇▇up, Inc. and InProNet, Inc.) existing as of the Closing Date shall have duly authorized, executed and delivered to the Agent and each Lender a Guaranty Agreement and the other Guaranty Documents in form and substance satisfactory to the Lenders, each such document shall be in full force and effect and no Default shall exist thereunder, and the Agent and each Lender shall have received a fully executed original thereof.

Guaranty Documents. On or before the Second Amendment Effective Date, MDCP or the general partner of MDCP, as appropriate, shall have delivered to Agent the following, each, unless otherwise noted, dated the Second Amendment Effective Date: 1. Certified copies of the organizational documents of such Person, together with a good standing certificate from the Secretary of State of its jurisdiction of organization, each dated a recent date prior to the Second Amendment Effective Date; 2. Resolutions of the Board of Directors of such Person (or, if such Person is a limited partnership, of the general partner of such Person) approving and authorizing the execution, delivery and performance of the Loan Documents to which it is a party, certified as of the Second Amendment Effective Date by the corporate secretary or an assistant secretary of such Person (or such general partner, as the case may be) as being in full force and effect without modification or amendment; 3. Signature and incumbency certificates of the officers of such Person (or, if such Person is a limited partnership, of the general partner of such Person) executing the Loan Documents to which it is a party; 4. Executed originals of the MDCP Guaranty; 5. A certificate of the general partner of MDCP certifying as to the compliance of the MDCP Guaranty with the terms and conditions of the MDCP Limited Partnership Agreement, such certificate to be in form and substance reasonably satisfactory to Agent; and 6. Such other documents as Agent may reasonably request.

Guaranty Documents. A Guarantor shall fail to perform, comply with or observe or shall otherwise breach in any respect any provision of the Guaranty or any Guaranty Security Document or any other agreement, document, instrument or certificate executed or delivered by such Guarantor in connection with this Agreement and, if curable, such failure or breach shall continue for more than twenty-five (25) days after the earlier of the date on which an officer of Borrower shall have first become aware of such failure or breach or Agent or any Lender shall have first notified Borrower of such failure or breach, or the Guaranty or any Guaranty Security Document shall cease to be legal, valid, binding or enforceable in accordance with the terms thereof;

Guaranty Documents. 86 (l) Material Adverse Effect . . . . . . . . . . . . . . . . . . 86 (m) Ownership . . . . . . . . . . . . . . . . . . . . . . . . . 86 (n) Material Licenses or Permits. . . . . . . . . . . . . . . . 87 (o) Environmental Liens . . . . . . . . . . . . . . . . . . . . 87 (p) Intra-Company Debt. . . . . . . . . . . . . . . . . . . . . 87 (q)

Guaranty Documents. On or before the Closing Date, Company shall deliver, or cause to be delivered, to Lenders (or to Agent for Lenders with sufficient originally executed copies, where appropriate, for each Lender and its counsel) the following with respect to each of Manufacturing, IS and RS unless otherwise noted, dated the Closing Date: (i) Certified copies of its Certificate of Incorporation together with good standing certificates, dated a recent date prior to the Closing Date, from its jurisdiction of incorporation and of its principal place of business; (ii) Copies of its Bylaws, certified as of the Closing Date by its corporate secretary or an assistant secretary; (iii) Resolutions of its Board of Directors approving and authorizing the execution, delivery and performance of the Loan Documents to which it is a party, with respect to the Guaranty and the Collateral Documents to which it is a party, certified as of the Closing Date by its corporate secretary or an assistant secretary as being in full force and effect without modification or amendment; and (iv) Signature and incumbency certificates of its officers executing the Loan Documents to which it is a party.