Termination of Guaranty. Except as provided in Section 2.2, Guarantor’s obligations under this Guaranty for the Guaranteed Obligations will terminate upon the later to occur of: (a) the payment and performance in full of the Guaranteed Obligations and (b) the Payment in Full of the Obligations.
Appears in 3 contracts
Sources: Guaranty (EQM Technologies & Energy, Inc.), Guaranty (EQM Technologies & Energy, Inc.), Guaranty (EQM Technologies & Energy, Inc.)
Termination of Guaranty. Except as provided in Subject to Section 2.2, each Guarantor’s obligations under this Guaranty for the Guaranteed Obligations will terminate upon on the later to occur of: (ai) the full performance, payment and performance in full satisfaction of the Guaranteed Obligations (and all Letter of Credit Obligations are expired or terminated, but exclusive of any contingent obligations for indemnification or reimbursement for which Agent has not then given notice of a claim thereof against any Borrower) and (bii) the Payment in Full termination of all Commitments of each Lender under the ObligationsCredit Agreement.
Appears in 2 contracts
Sources: Guaranty (Industrial Services of America Inc /Fl), Guaranty (Industrial Services of America Inc /Fl)
Termination of Guaranty. Except as provided in Section 2.2, Guarantor’s obligations under this Guaranty for the Guaranteed Obligations will terminate upon the later to occur of: (a) the payment and performance in full of the Guaranteed Obligations and (b) the Payment in Full of the Obligations.
Appears in 2 contracts
Sources: Guaranty (Twinlab Consolidated Holdings, Inc.), Guaranty (Twinlab Consolidated Holdings, Inc.)
Termination of Guaranty. Except as provided in Section 2.2, Guarantor’s Guarantors’ obligations under this Guaranty for the Guaranteed Obligations will terminate upon the later to occur of: (a) the payment and performance in full of the Guaranteed Obligations and (b) the Payment in Full of the Obligations.
Appears in 1 contract
Termination of Guaranty. Except as provided in Section 2.2, Guarantor’s obligations under this Guaranty for the Guaranteed Obligations will terminate upon the later to occur of: (a) the payment and performance in full of the Guaranteed Obligations and (b) the Payment in Full termination of the ObligationsFinancing Agreement.
Appears in 1 contract
Termination of Guaranty. Except as provided in Section 2.22.2 of this Guarantee, Guarantor’s obligations under this Guaranty for the Guaranteed Obligations will terminate upon the later to occur of: (a) the indefeasible payment and performance in full of the Guaranteed Obligations and (b) the Payment in Full termination of the Obligationsall credit arrangements between Lender and Borrower.
Appears in 1 contract
Sources: Guaranty