Common use of Promise to Pay and Perform Clause in Contracts

Promise to Pay and Perform. The Guarantor hereby irrevocably and unconditionally guarantees timely payment and performance of all of the obligation of Debtor under the 2005 Loan Documents, now existing or later arising, including without limitation, payment of all costs, expenses, fees, interest and other amounts due under the 2005 Loan Documents.

Appears in 1 contract

Sources: Debt Conversion Agreement (Advanced Photonix Inc)

Promise to Pay and Perform. The Guarantor hereby irrevocably and unconditionally guarantees timely payment and performance of all of the obligation of Debtor under the 2005 2004 Loan Documents, now existing or later arising, including without limitation, payment of all costs, expenses, fees, interest and other amounts due under the 2005 2004 Loan Documents.

Appears in 1 contract

Sources: Debt Conversion Agreement (Advanced Photonix Inc)