Common use of Guaranty of Payment; Continuing Guaranty Clause in Contracts

Guaranty of Payment; Continuing Guaranty. The guarantee in this §34 is a guaranty of payment and not of collection, and is a continuing guarantee, and shall apply to all Guaranteed Obligations whenever arising.

Appears in 9 contracts

Sources: Revolving Credit Agreement (CorEnergy Infrastructure Trust, Inc.), Revolving Credit Agreement (CorEnergy Infrastructure Trust, Inc.), Revolving Credit Agreement (CorEnergy Infrastructure Trust, Inc.)

Guaranty of Payment; Continuing Guaranty. The guarantee in this §34 Section 4 is a guaranty of payment and not of collection, and is a continuing guarantee, and shall apply to all Guaranteed Obligations whenever arising.

Appears in 3 contracts

Sources: Credit Agreement (Pfsweb Inc), Credit Agreement (Pfsweb Inc), Credit Agreement (Pike Electric CORP)