Liabilities Guaranteed Sample Clauses

The 'Liabilities Guaranteed' clause establishes that one party (the guarantor) is responsible for ensuring the fulfillment of certain obligations or debts owed by another party under the agreement. In practice, this means that if the primary party fails to meet its financial or contractual commitments, the guarantor must step in to satisfy those obligations, which can include payment of money, performance of services, or other specified duties. This clause is essential for providing assurance to the beneficiary that they will be compensated or protected against losses if the original obligor defaults, thereby reducing the risk of non-performance.
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Liabilities Guaranteed. Each Guarantor hereby, joint and severally, irrevocably and unconditionally guarantees the prompt payment at maturity of the Obligations.
Liabilities Guaranteed. Guarantor hereby guarantees and becomes surety to Lender for the full, prompt and unconditional payment of the Liabilities, when and as the same shall become due, whether at the stated maturity date, by acceleration or otherwise, and the full, prompt and unconditional performance of each term and condition to be performed by Borrower under the Notes and the other Loan Documents. This Guaranty is a primary obligation of Guarantor and shall be a continuing inexhaustible Guaranty. This is a guaranty of payment and not of collection. Lender may require Guarantor to pay and perform its liabilities and obligations under this Guaranty and may proceed immediately against Guarantor without being required to bring any proceeding or take any action against Borrower or any other Person prior thereto; the liability of Guarantor hereunder being independent of and separate from the liability of Borrower, any other guarantor, any other Person, and the availability of other collateral security for the Notes and the other Loan Documents.
Liabilities Guaranteed. 3 Section 2.2
Liabilities Guaranteed. Guarantor hereby irrevocably and ----------------------- unconditionally guarantees the prompt payment of the Liabilities when due, whether at maturity or otherwise; provided, however, that, notwithstanding anything herein or in any other Loan Document to the contrary, the maximum liability of Guarantor hereunder shall in no event exceed the Maximum Guaranteed Amount.
Liabilities Guaranteed. Guarantor hereby guarantees and becomes surety to Lender for the full, prompt and unconditional payment of the Liabilities (as defined below), when and as the same shall become due, any and all loss, damage, cost, expense, liability, claim or other obligation incurred by Lender (including actual documented reasonable attorneys’ fees) arising out of or in connection with or as a result of fraud or intentional misrepresentation of a material fact by Borrower or a single purpose entity (“SPEs”) pledging or hypothecating a mortgage or deed of trust to Lender in order to secure the Liabilities (as herein defined) and in connection with said Liabilities, but not otherwise. This is a continuing guaranty of payment and not of collection as to the matters guaranteed herein. Lender may require Guarantor to pay and perform its liabilities and obligations under this Guaranty and may proceed immediately against Guarantor without being required to bring any proceeding or take any action against Borrower, any other guarantor or any other person, entity or property prior thereto, the liability of Guarantor hereunder being joint and several, and independent of and separate from the liability of Borrower, any other guarantor or person, and the availability of other collateral security for the Note and the other Loan Documents.
Liabilities Guaranteed. Guarantor hereby irrevocably and unconditionally guarantees in favor of the Agent for the benefit of the Lenders the prompt payment of the Liabilities when due, whether at maturity or otherwise.
Liabilities Guaranteed. Guarantor hereby guarantees and becomes surety to Lenders for the full, prompt and unconditional payment of the Liabilities, when and as the same shall become due, whether at the stated maturity date, by acceleration or otherwise, and the full, prompt and unconditional performance of each term and condition to be performed by Borrower under the Notes (as herein defined) and the Credit Agreement. This Guaranty is a primary obligation of Guarantor and shall be a continuing inexhaustible Guaranty. This is a guaranty of payment and not of collection. Agent, in accordance with the Credit Agreement, may require Guarantor to pay and perform its liabilities and obligations under this Guaranty and may proceed immediately against Guarantor without being required to bring any proceeding or take any action against Borrower, any other guarantor or any other person, entity or property prior thereto, the liability of Guarantor hereunder being joint and several, and independent of and separate from the liability of Borrower, any other guarantor or person, and the availability of other collateral security for the Note.
Liabilities Guaranteed. 5 Section 2.2 NATURE OF GUARANTY.........................................5 Section 2.3 AGENT'S RIGHTS.............................................5 Section 2.4 GUARANTOR'S WAIVERS........................................5 Section 2.5 MATURITY OF LIABILITIES; PAYMENT...........................6 Section 2.6
Liabilities Guaranteed. Guarantor, jointly and severally (if more than one), hereby guarantees and becomes surety to TCA for the full, prompt and unconditional payment of the Liabilities, when and as the same shall become due, whether at the stated maturity date, by acceleration or otherwise, and the full, prompt and unconditional performance of each term and condition to be performed by AQLV under the Purchase Agreement and the other Transaction Documents. This Guaranty is a primary obligation of Guarantor and shall be a continuing inexhaustible Guaranty. This is a guaranty of payment and not of collection. TCA may require Guarantor to pay and perform its liabilities and obligations under this Guaranty and may proceed immediately against Guarantor without being required to bring any proceeding or take any action against AQLV or any other Person prior thereto; the liability of Guarantor hereunder being independent of and separate from the liability of AQLV, any other Person, and the availability of other collateral security for the Debentures and the other Transaction Documents.
Liabilities Guaranteed. Guarantor hereby irrevocably ---------------------- and unconditionally guarantees the prompt payment at maturity of the Liabilities.