Obligations of Guarantor Sample Clauses

Obligations of Guarantor. Subject to the Guaranty Cap set forth in Section 2 of this Guaranty, the Guarantor unconditionally and irrevocably guaranties, as primary obligor and not merely as surety, to and for the benefit of Guaranteed Party, prompt and complete payment of all damage amounts due and payable to Guaranteed Party by the Company under and pursuant to Section 19.1 of the PPA, together with any and all reasonable expenses (including reasonable attorneys' fees and expenses) incurred by Guaranteed Party in enforcing this Guaranty, (collectively, the "Obligations"). Subject to the Guaranty Cap set forth in Section 2 of this Guaranty, the Guarantor agrees, that upon the failure of the Company to pay any of the Obligations when they become due, the Guarantor will pay, or cause to be paid, to Guaranteed Party any and all such unpaid Obligations.

Obligations of Guarantor. This Guaranty and each other Loan Document to which Guarantor is a party are the legal, valid and binding obligations of Guarantor, enforceable against Guarantor in accordance with their terms, except as the same may be limited by bankruptcy, insolvency, reorganization or other laws relating to or affecting the enforcement of creditors’ rights generally or by equitable principles which may affect the availability of specific performance and other equitable remedies. The making of the Loan by Lender to Borrower and the assumption by Guarantor of its obligations hereunder and under any other Loan Document to which Guarantor is a party will result in material benefits to Guarantor. This Guaranty was entered into by Guarantor for commercial purposes.

Obligations of Guarantor. The obligations of Guarantor hereunder shall be absolute and unconditional, shall not be subject to any counterclaim, setoff, deduction or defense based upon any claim Guarantor may have against Tenant or Lessor, and shall remain in full force and effect without regard to, and shall not be released, discharged, or in any way affected by any circumstance or condition (whether or not Guarantor shall have any knowledge or notice thereof), including without limitation: (a) any amendment or modification of or supplement to the Lease; (b) any waiver, consent, extension, indulgence or other action or inaction under or in respect of the Lease, or any exercise or non-exercise of any right, remedy, power or privilege under or in respect of the Lease; (c) any bankruptcy, insolvency, reorganization, arrangement, readjustment, composition, liquidation or similar proceeding with respect to Tenant; or (d) any limitation on the liability of Tenant under the Lease or any invalidly or unenforceability, in whole or in part of the Lease or any term thereof.

Obligations of Guarantor. Guarantor unconditionally guarantees to PJM Settlement the prompt and complete payment of all amounts owed to PJM Settlement by Summit Energy, LLC in regard to the Agreements (or any successor agreements). If all or any part of such amounts is not paid by Summit Energy, LLC when due, Guarantor shall, upon the demand of PJM Settlement, immediately pay such amount. This is a primary, absolute obligation of Guarantor enforceable by PJM Settlement, its successors and assigns, or any of its members on its behalf, regardless of Summit Energy, LLC’s ability or willingness to pay.

Obligations of Guarantor. This Guaranty is the legal, valid and binding obligation of Guarantor, enforceable against him in accordance with its terms, except as the same may be limited by bankruptcy, insolvency, reorganization or other laws or equitable principles relating to or affecting the enforcement of creditors’ rights generally. The loans or credit accommodations made by Lender to Borrower and the assumption by Guarantor of his obligations hereunder will result in material benefits to Guarantor. This Guaranty was entered into by Guarantor for commercial purposes.

Obligations of Guarantor. Subject to the Guaranty Cap set forth in Section 2 of this Guaranty, the Guarantor unconditionally and irrevocably guaranties, as primary obligor and not merely as surety, to and for the benefit of Guaranteed Party, the prompt payment and performance when due of all present and future obligations (i) of the Company to make Fixed Payments pursuant to, and as such term is defined in, the PPA and (ii) to pay damages arising under the PPA in respect of the Company's obligation to make Total Fixed Payments under the PPA (including damages related to the loss of the Company's Total Fixed Payments arising from any breach by the Company of the PPA or a termination of the PPA for cause by Guaranteed Party) together with any and all reasonable expenses (including reasonable attorneys' fees and expenses) incurred by Guaranteed Party in enforcing this Guaranty (the obligations referred to in clauses (i) and (ii) collectively and individually, the "Obligations"). Subject to the Guaranty Cap set forth in Section 2 of this Guaranty, the Guarantor agrees, that upon the failure of the Company to pay any of the Obligations when they become due, the Guarantor will pay, or cause to be paid, to Guaranteed Party any and all such unpaid Obligations.

Obligations of Guarantor. If any of the following occurs to the Debtor, the Guarantor shall unconditionally and immediately pay the Creditor all the overdue amounts for the Debtor:

Obligations of Guarantor. Guarantor unconditionally guarantees to PJM Settlement the prompt and complete payment of all amounts owed to PJM Settlement by Cygnus Energy Futures, LLC in regard to the Agreements (or any successor agreements). If all or any part of such amounts is not paid by Cygnus Energy Futures, LLC when due, Guarantor shall, upon the demand of PJM Settlement, immediately pay such amount. This is a primary, absolute obligation of Guarantor enforceable by PJM Settlement, its successors and assigns, or any of its members on its behalf, regardless of Cygnus Energy Futures, LLC’s ability or willingness to pay.

Obligations of Guarantor. 4.1 The Guarantor hereby irrevocably and unconditionally guarantees to the Creditor that if the Debtor fails to repay all or part of the loan, the principal of the financing fund, the advance made by the Creditor or the corresponding interest in full and on time, the Guarantor shall immediately pay all the money due and payable by the Debtor to the Creditor. The Guarantor agrees that: If the Master Contract is under the guarantee, mortgage or pledge provided by the Debtor or a third party at the same time, the Creditor has the right to decide the exercise of guarantee rights, including but not limited to: the Creditor has the right to require the Guarantor to pay all the money due and payable by the Debtor immediately without first exercising the real right for security or claiming rights against other guarantors, and has the right to claim part or all of the real right for security against one or more guarantors including the Guarantor, separately or simultaneously, regardless of sequence; If the Creditor waives or changes the right for security to other guarantors or the right sequence of the real right for security, the Guarantors shall still bear the guarantee liability according to the Contract without any exemption. 4.2 The Guarantor shall cooperate with the Creditor to supervise and inspect its income and credit status (the Guarantor as a natural person)/business and financial status (the Guarantor as a non-natural person); Timely provide financial statements, other materials and information required by the Creditor for post-loan risk management, and ensure that the documents, materials and information provided are true, complete and accurate. 4.3 The Guarantor shall notify the Creditor in writing at least thirty days in advance of any of the following matters, and shall not take the following actions without written consent from the Creditor before the Creditor’s rights are fully settled under the Master Contract: (1) Sell, donate, lease, lend, transfer, mortgage, pledge, or otherwise dispose of important assets, all or most of the assets; (2) Make significant changes to the management system or property right organization form, including but not limited to the implementation of contracting, leasing, joint venture, corporate system transformation, joint-stock cooperative system transformation, enterprise sale, acquisition (merger), joint venture (cooperation), division, establishment of subsidiaries, property right transfer, capital reduction, etc....