The Guarantee. The Guarantors hereby jointly and severally guarantee to each of the Secured Parties and their respective successors and assigns the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of all of the Obligations (other than, with respect to any Guarantor, any Excluded Swap Obligations of such Guarantor) hereunder and the other Loan Documents, including all obligations of the Borrower and its Subsidiaries arising under any Secured Hedging Agreements, in each case strictly in accordance with the terms thereof and including all interest and expenses accrued or incurred subsequent to the commencement of any bankruptcy or insolvency proceeding with respect to the Borrower or any other Obligor, whether or not such interest or expenses are allowed as a claim in such proceeding (such obligations being herein collectively called the “Guaranteed Obligations”). The Guarantors hereby further jointly and severally agree that if the Borrower shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors will promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 10 contracts
Sources: Incremental Loan Amendment (Sinclair Broadcast Group Inc), Credit Agreement (Sinclair Broadcast Group Inc), Credit Agreement (Sinclair Broadcast Group Inc)
The Guarantee. The Guarantors hereby jointly and severally guarantee to each of Lender and the Secured Parties Administrative Agent and their respective successors and assigns the prompt payment in full when due upon the expiration of any applicable remedial period (whether at stated maturity, by acceleration or otherwise) of all the obligations, whether direct or indirect, absolute or contingent, now or hereafter from time to time owing to the Lenders or the Administrative Agent by the Borrower or any other Obligor under this Agreement or any of the Obligations (other than, with respect to any Guarantor, any Excluded Swap Obligations of such Guarantor) hereunder and the other Loan Documents, including all obligations of the Borrower and its Subsidiaries arising under any Secured Hedging Agreements, in each case strictly in accordance with the terms hereof and thereof and including all interest and expenses accrued or monetary obligations incurred subsequent to during the commencement pendency of any bankruptcy bankruptcy, insolvency, examinership, receivership or insolvency other similar proceeding with respect to of the Borrower Borrower, regardless of whether allowed or any other Obligor, whether or not such interest or expenses are allowed as a claim allowable in such proceeding (such obligations being herein collectively called the “Guaranteed Obligations”). The Guarantors hereby further jointly and severally agree that if the Borrower shall fail to pay in full when due upon the expiration of any applicable remedial period (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors will promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 9 contracts
Sources: Revolving Credit Agreement (AerCap Holdings N.V.), Revolving Credit Agreement (AerCap Holdings N.V.), Revolving Credit Agreement (AerCap Holdings N.V.)
The Guarantee. The Subsidiary Guarantors hereby jointly and severally severally, as a primary obligor and not merely as a surety, guarantee to each Lender, each other holder of a Guaranteed Obligation (as hereinafter defined) and the Secured Parties Administrative Agent and their respective successors and assigns the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of the principal of and interest on the Loans made by the Lenders to the Borrower and all fees, indemnification payments and other amounts whatsoever, whether direct or indirect, absolute or contingent, now or hereafter from time to time owing to the Lenders or the Administrative Agent by the Borrower under this Agreement and by any Obligor under any of the Obligations (other than, with respect to any Guarantor, any Excluded Swap Obligations of such Guarantor) hereunder and the other Loan Documents, including all obligations of the Borrower and its Subsidiaries arising under any Secured Hedging Agreements, in each case strictly in accordance with the terms thereof and including all interest interest, fees and expenses accrued or incurred subsequent to the commencement of any bankruptcy or insolvency proceeding proceedings with respect to the Borrower or any other ObligorBorrower, whether or not such interest interest, fees or expenses are allowed as a claim in such proceeding (such obligations being herein collectively called the “Guaranteed Obligations”). The Subsidiary Guarantors hereby further jointly and severally agree that if the Borrower shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Subsidiary Guarantors will promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 7 contracts
Sources: Credit Agreement (Best Buy Co Inc), Credit Agreement (Best Buy Co Inc), Credit Agreement (Best Buy Co Inc)
The Guarantee. The Guarantors Each Guarantor hereby jointly and severally guarantee guarantees, as a primary obligor and not as a surety, to each of the Secured Parties Party and their respective successors and assigns permitted assigns, the prompt payment in full when due (whether at stated maturity, by required prepayment, declaration, demand, by acceleration or otherwise) of all (1) the principal of and interest (including any interest, fees, costs or charges that would accrue but for the provisions of the Obligations Bankruptcy Code after any bankruptcy or insolvency petition under the Bankruptcy Code or any similar law of any other jurisdiction) on (other thani) the Loans made by the Lenders to the Borrower, with respect to any Guarantor, any Excluded Swap Obligations of such Guarantorand (ii) hereunder and the other Loan Documents, including all obligations Notes held by each Lender of the Borrower and its Subsidiaries arising under any Secured Hedging Agreements, in each case strictly in accordance with the terms thereof and including (2) all interest and expenses accrued or incurred subsequent other Obligations from time to time owing to the commencement of any bankruptcy or insolvency proceeding with respect to Secured Parties by the Borrower or any other Obligor, whether or not such interest or expenses are allowed as a claim in such proceeding Loan Parties (such obligations being herein collectively called the “Guaranteed Obligations”; provided, that Guaranteed Obligations shall exclude all Excluded Swap Obligations). The Guarantors Each Guarantor hereby further jointly and severally agree that agrees that, if the Borrower shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors such Guarantor will promptly pay the samesame in cash, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 6 contracts
Sources: First Lien Credit and Guarantee Agreement (Janus International Group, Inc.), Abl Credit and Guarantee Agreement (Janus International Group, Inc.), Abl Credit and Guarantee Agreement (Janus International Group, Inc.)
The Guarantee. The Guarantors hereby jointly and severally guarantee to the Administrative Agent and each of the Secured Parties Lender, and their respective successors and assigns assigns, the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of the principal of and interest on the Term Loans, all fees and other amounts and Obligations from time to time owing to the Administrative Agent and any Lender by the Borrowers under this Agreement or under any other Loan Document and by any other Obligor under any of the Obligations (other than, with respect to any Guarantor, any Excluded Swap Obligations of such Guarantor) hereunder and the other Loan Documents, including all obligations of the Borrower and its Subsidiaries arising under any Secured Hedging Agreements, in each case strictly in accordance with the terms thereof and including all interest and expenses accrued or incurred subsequent to the commencement of any bankruptcy or insolvency proceeding with respect to the Borrower or any other Obligor, whether or not such interest or expenses are allowed as a claim in such proceeding (such obligations being herein collectively called the “Guaranteed Obligations”). The Guarantors hereby further jointly and severally agree that if the Borrower Borrowers shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors will promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 6 contracts
Sources: Credit Agreement (Trinity Biotech PLC), Credit Agreement (Trinity Biotech PLC), Credit Agreement (Trinity Biotech PLC)
The Guarantee. The Guarantors hereby jointly and severally guarantee to each of the Secured Parties and their respective successors and assigns the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of all of the Obligations (other than, with respect to any Guarantor, any Excluded Swap Obligations of such Guarantor) hereunder and the other Loan Documents, including all obligations of the Borrower and its Subsidiaries arising under any Secured Hedging Agreements, in each case strictly in accordance with the terms thereof and including all interest and expenses accrued or incurred subsequent to the commencement of any bankruptcy or insolvency proceeding with respect to the Borrower or any other Obligor, whether or not such interest or expenses are allowed as a claim in such proceeding (such obligations being herein collectively called the “Guaranteed Obligations”). The Guarantors hereby further jointly and severally agree that if the Borrower shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors will promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 5 contracts
Sources: Credit Agreement (Sinclair Broadcast Group Inc), Credit Agreement (Sinclair Broadcast Group Inc), Credit Agreement (Sinclair Broadcast Group Inc)
The Guarantee. The Guarantors hereby jointly and severally guarantee as a primary obligor and not as a surety to each of the Secured Parties Party and their respective successors and assigns the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of all the principal of and interest (including any interest, fees, costs or charges that would accrue but for the provisions of the Obligations (other thanTitle 11 of the United States Code after any bankruptcy or insolvency petition under Title 11 of the United States Code) on the Loans made by the Lenders to, with respect to any Guarantor, any Excluded Swap Obligations of such Guarantor) hereunder and the Notes held by each Lender of, Borrower, and all other Obligations from time to time owing to the Secured Parties by any Loan Documents, including all obligations of the Borrower and its Subsidiaries arising Party under any Secured Hedging AgreementsLoan Document or Interest Rate Protection Agreement relating to the Loans, in each case strictly in accordance with the terms thereof and including all interest and expenses accrued or incurred subsequent to the commencement of any bankruptcy or insolvency proceeding with respect to the Borrower or any other Obligor, whether or not such interest or expenses are allowed as a claim in such proceeding (such obligations being herein collectively called the “Guaranteed Obligations”). The Guarantors hereby further jointly and severally agree that if the Borrower or other Guarantor(s) shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors will promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 4 contracts
Sources: Credit Agreement (Harry & David Holdings, Inc.), Credit Agreement (Broder Bros Co), Credit Agreement (Harry & David Holdings, Inc.)
The Guarantee. The Guarantors hereby jointly and severally guarantee as a primary obligor and not as a surety to each of the Secured Parties Party and their respective successors and assigns the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of all the principal of and interest (including any interest, fees, costs or charges that would accrue but for the provisions of the Obligations (other thanBankruptcy Code after any bankruptcy or insolvency petition under the Bankruptcy Code) on the Loans made by the Lenders to, with respect to any Guarantor, any Excluded Swap Obligations of such Guarantor) hereunder and the Notes held by each Lender of, Borrower, and all other Loan Documents, including all obligations of Obligations from time to time owing to the Borrower and its Subsidiaries arising Secured Parties by any Credit Party under any Secured Hedging AgreementsLoan Document or Interest Rate Protection Agreement relating to the Loans, in each case strictly in accordance with the terms thereof and including all interest and expenses accrued or incurred subsequent to the commencement of any bankruptcy or insolvency proceeding with respect to the Borrower or any other Obligor, whether or not such interest or expenses are allowed as a claim in such proceeding (such obligations being herein collectively called the “Guaranteed Obligations”). The Guarantors hereby further jointly and severally agree that if the Borrower or other Guarantor(s) shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors will promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 4 contracts
Sources: Credit Agreement (Cpi International, Inc.), Credit Agreement (Cpi International, Inc.), Credit Agreement (Cpi International, Inc.)
The Guarantee. The Guarantors hereby hereby, jointly and severally guarantee severally, guarantee, as primary obligors and not as sureties, to each of the Secured Parties Party and their respective successors and assigns assigns, the prompt payment and performance in full when due (whether at stated maturity, by required prepayment, declaration, demand, by acceleration or otherwise) of all the principal of, and premium and interest (including any interest, fees, costs or charges that would accrue but for the provisions of the Obligations (other thanBankruptcy Code after any bankruptcy or insolvency petition under the Bankruptcy Code) on the Loans made by the Lenders to, with respect to any Guarantor, any Excluded Swap Obligations of such Guarantor) hereunder and the Notes held by each Lender of, Borrower, and all other Secured Obligations from time to time owing to the Secured Parties by any Loan Documents, including all obligations of the Borrower and its Subsidiaries arising under any Secured Hedging Agreements, Party in each case strictly in accordance with the terms thereof and including all interest and expenses accrued or incurred subsequent to the commencement of any bankruptcy or insolvency proceeding with respect to the Borrower or any other Obligor, whether or not such interest or expenses are allowed as a claim in such proceeding (such obligations being herein collectively called the “Guaranteed Obligations”). The Guarantors hereby further jointly and severally agree that if the Borrower or any other Guarantor(s) shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors will promptly pay the samesame in cash, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 4 contracts
Sources: Senior Secured Term Loan Credit Agreement (Internap Corp), Second Out Term Loan Credit Agreement (Internap Corp), Credit Agreement (Internap Corp)
The Guarantee. The Guarantors hereby jointly and severally guarantee to the Administrative Agent and each of the Secured Parties Lender, and their respective its successors and assigns assigns, the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of the principal of and interest on the Loans, all fees and other amounts and Obligations from time to time owing to the Administrative Agent and any Lender by Borrower under this Agreement or under any other Loan Document and by any other Obligor under any of the Obligations (other than, with respect to any Guarantor, any Excluded Swap Obligations of such Guarantor) hereunder and the other Loan Documents, including all obligations of the Borrower and its Subsidiaries arising under any Secured Hedging Agreements, in each case strictly in accordance with the terms thereof and including all interest and expenses accrued or incurred subsequent to the commencement of any bankruptcy or insolvency proceeding with respect to the Borrower or any other Obligor, whether or not such interest or expenses are allowed as a claim in such proceeding (such obligations being herein collectively called the “Guaranteed Obligations”). The Guarantors hereby further jointly and severally agree that if the Borrower shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors will promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 4 contracts
Sources: Credit Agreement (IsoPlexis Corp), Credit Agreement and Guaranty (IsoPlexis Corp), Credit Agreement and Guaranty (IsoPlexis Corp)
The Guarantee. The Guarantors hereby jointly and severally guarantee to the Administrative Agent and each of the Secured Parties Lender, and their respective its successors and assigns assigns, the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of the principal of and interest on the Term Loans, all fees and other amounts and Obligations from time to time owing to the Administrative Agent and any Lender by the Borrower under this Agreement or under any other Loan Document and by any other Obligor under any of the Obligations (other than, with respect to any Guarantor, any Excluded Swap Obligations of such Guarantor) hereunder and the other Loan Documents, including all obligations of the Borrower and its Subsidiaries arising under any Secured Hedging Agreements, in each case strictly in accordance with the terms thereof and including all interest and expenses accrued or incurred subsequent to the commencement of any bankruptcy or insolvency proceeding with respect to the Borrower or any other Obligor, whether or not such interest or expenses are allowed as a claim in such proceeding (such obligations being herein collectively called the “Guaranteed Obligations”). The Guarantors hereby further jointly and severally agree that if the Borrower shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors will promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 4 contracts
Sources: Credit Agreement (Exagen Inc.), Credit Agreement and Guaranty (Biodesix Inc), Credit Agreement and Guaranty (Biodesix Inc)
The Guarantee. The Guarantors Each Subsidiary Guarantor hereby jointly and severally guarantee guarantees (the “Subsidiary Guarantee”), as a primary obligor and not as a surety, to the Trustee and each of the Secured Parties Holder and their respective successors and assigns assigns, the prompt payment in full when due (whether at stated maturityStated Maturity, by required prepayment, declaration, demand, by acceleration or otherwise) of all the principal of and interest (including any interest, fees, costs or charges that would accrue but for the provisions of Title 11 of the Obligations (United States Code after any bankruptcy or insolvency petition under Title 11 of the United States Code) on the Notes, and all other than, with respect obligations from time to any Guarantor, any Excluded Swap Obligations of such Guarantor) hereunder time owing to the Trustee and the other Loan Documents, including all obligations of Holders by the Borrower Company under this Indenture and its Subsidiaries arising under any Secured Hedging Agreementsthe Notes, in each case strictly in accordance with the terms thereof and including all interest and expenses accrued or incurred subsequent to the commencement of any bankruptcy or insolvency proceeding with respect to the Borrower or any other Obligor, whether or not such interest or expenses are allowed as a claim in such proceeding hereof (such obligations being herein collectively called the “Guaranteed Obligations”). The Guarantors hereby further Each Subsidiary Guarantor jointly and severally agree agrees that if the Borrower Company shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors each Subsidiary Guarantor will promptly pay the samesame in cash, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 4 contracts
Sources: Indenture (Bill Barrett Corp), Fourth Supplemental Indenture (Bill Barrett Corp), Third Supplemental Indenture (Bill Barrett Corp)
The Guarantee. The Guarantors Each Guarantor hereby jointly absolutely, unconditionally and severally guarantee irrevocably guarantees to each of the Secured Parties Creditors and their respective successors and assigns the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of:
(a) the principal of and interest on the Loans and the L/C Reimbursement Obligations and all fees, premiums, costs, expenses, indemnification payments and other amounts or obligations whatsoever, whether direct or indirect, absolute or contingent, now or hereafter from time to time owing to the Lenders or the Administrative Agent or any of them by any Obligor under any of the Obligations (other than, with respect to any Guarantor, any Excluded Swap Obligations of such Guarantor) hereunder and the other Loan Documents, including and
(b) all obligations of the any Borrower and its Subsidiaries arising to any Lender (or any Affiliate thereof) under any Secured Hedging AgreementsAgreement, in each case strictly in accordance with the terms thereof and including all interest and expenses accrued or incurred subsequent to the commencement of any bankruptcy or insolvency proceeding with respect to the Borrower or any other Obligor, whether or not such interest or expenses are allowed as a claim in such proceeding (such obligations being herein collectively called the “Guaranteed Obligations”). The Guarantors Each Guarantor hereby further jointly and severally agree agrees that if the Borrower any Obligor shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors such Guarantor will promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 3 contracts
Sources: 364 Day Revolving Credit Agreement (KKR & Co. Inc.), 364 Day Revolving Credit Agreement (KKR & Co. Inc.), First Amendment (KKR & Co. L.P.)
The Guarantee. The Guarantors hereby jointly and severally guarantee to the Administrative Agent and each of the Secured Parties Lender, and their respective successors and assigns assigns, the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of the principal of and interest on the Term Loans, all fees and other amounts and Obligations from time to time owing to the Administrative Agent and the Lenders by the Borrower under this Agreement or under any other Loan Document and by any other Obligor under any of the Obligations (other than, with respect to any Guarantor, any Excluded Swap Obligations of such Guarantor) hereunder and the other Loan Documents, including all obligations of the Borrower and its Subsidiaries arising under any Secured Hedging Agreements, in each case strictly in accordance with the terms thereof and including all interest and expenses accrued or incurred subsequent to the commencement of any bankruptcy or insolvency proceeding with respect to the Borrower or any other Obligor, whether or not such interest or expenses are allowed as a claim in such proceeding (such obligations being herein collectively called the “Guaranteed Obligations”). The Guarantors hereby further jointly and severally agree that if the Borrower shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors will promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 3 contracts
Sources: Credit Agreement (C4 Therapeutics, Inc.), Credit Agreement (C4 Therapeutics, Inc.), Credit Agreement (Agile Therapeutics Inc)
The Guarantee. The Guarantors hereby jointly and severally guarantee as a primary obligor and not as a surety to each of the Secured Parties Party and their respective successors and assigns the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of all the principal of and interest (including any interest, fees, costs or charges that would accrue but for the provisions of the Obligations (other thanBankruptcy Code after any bankruptcy or insolvency petition under the Bankruptcy Code) on the Loans made by the Lenders to, with respect to any Guarantor, any Excluded Swap Obligations of such Guarantor) hereunder and the Notes held by each Lender of, Borrower, and all other Obligations from time to time owing to the Secured Parties by any Credit Party under any Loan Documents, including all obligations Document or any agreement governing Obligations described in clause (b) or (c) of the Borrower and its Subsidiaries arising under any Secured Hedging Agreementsdefinition of Obligations, in each case strictly in accordance with the terms thereof and including all interest and expenses accrued or incurred subsequent to the commencement of any bankruptcy or insolvency proceeding with respect to the Borrower or any other Obligor, whether or not such interest or expenses are allowed as a claim in such proceeding (such obligations being herein collectively called the “Guaranteed Obligations”). The Guarantors hereby further jointly and severally agree that if the Borrower or other Guarantor(s) shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors will promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 3 contracts
Sources: Credit Agreement (Cpi International, Inc.), Credit Agreement (Cpi International, Inc.), Credit Agreement (Cpi International, Inc.)
The Guarantee. The Subsidiary Guarantors hereby jointly and severally guarantee to each of Lender and the Secured Parties Administrative Agent and their respective successors and assigns the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of the principal of and interest on the Loans made by the Lenders to the Borrower and all other amounts from time to time owing to the Lenders or the Administrative Agent by the Borrower under this Agreement and by any Obligor under any of the Obligations (other than, with respect to any Guarantor, any Excluded Swap Obligations of such Guarantor) hereunder and the other Loan Documents, including and all obligations of the Borrower and or any of its Subsidiaries arising under to any Secured Lender (or any Affiliate of any Lender) in respect of any Hedging AgreementsAgreement, in each case strictly in accordance with the terms hereof and thereof and including all interest and expenses accrued or incurred subsequent to the commencement of any bankruptcy or insolvency proceeding with respect to the Borrower or any other Obligor, whether or not such interest or expenses are allowed as a claim in such proceeding (such obligations being herein collectively called the “Guaranteed Obligations”). The Subsidiary Guarantors hereby further jointly and severally agree that if the Borrower or any of its Subsidiaries shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Subsidiary Guarantors will promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 3 contracts
Sources: Credit Agreement (Constellation Brands, Inc.), Credit Agreement (Constellation Brands, Inc.), Credit Agreement (Constellation Brands, Inc.)
The Guarantee. The Subsidiary Guarantors hereby jointly and severally guarantee as a primary obligor and not as a surety to each of the Secured Parties Party and their respective successors and assigns the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of all the principal of and interest (including any interest, fees, costs or charges that would accrue but for the provisions of the Obligations (other thanTitle 11 of the United States Code after any bankruptcy or insolvency petition under Title 11 of the United States Code) on the Loans made by the Lenders to, with respect to any Guarantor, any Excluded Swap Obligations of such Guarantor) hereunder and the Notes held by each Lender of, Borrower, and all other Obligations from time to time owing to the Secured Parties by any Loan Documents, including all obligations of the Borrower and its Subsidiaries arising Party under any Secured Hedging AgreementsLoan Document or Interest Rate Agreement relating to the Loans, in each case strictly in accordance with the terms thereof and including all interest and expenses accrued or incurred subsequent to the commencement of any bankruptcy or insolvency proceeding with respect to the Borrower or any other Obligor, whether or not such interest or expenses are allowed as a claim in such proceeding (such obligations being herein collectively called the “Guaranteed Obligations”). The Subsidiary Guarantors hereby further jointly and severally agree that if the Borrower or other Subsidiary Guarantor(s) shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Subsidiary Guarantors will promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 3 contracts
Sources: Credit Agreement (Basic Energy Services Inc), Credit Agreement (Basic Energy Services Inc), Credit Agreement (Basic Energy Services Inc)
The Guarantee. The Guarantors hereby jointly and severally guarantee to the Administrative Agent and each of the Secured Parties Lender, and their respective its successors and assigns assigns, the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of the principal of and interest on the Term Loans, all fees and other amounts and Obligations from time to time owing to the Administrative Agent and any Lender by Borrowers under this Agreement or under any other Loan Document and by any other Obligor under any of the Obligations (other than, with respect to any Guarantor, any Excluded Swap Obligations of such Guarantor) hereunder and the other Loan Documents, including all obligations of the Borrower and its Subsidiaries arising under any Secured Hedging Agreements, in each case strictly in accordance with the terms thereof and including all interest and expenses accrued or incurred subsequent to the commencement of any bankruptcy or insolvency proceeding with respect to the Borrower or any other Obligor, whether or not such interest or expenses are allowed as a claim in such proceeding (such obligations being herein collectively called the “Guaranteed Obligations”). The Guarantors hereby further jointly and severally agree that if the Borrower Borrowers shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors will promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 3 contracts
Sources: Credit Agreement (Kestra Medical Technologies, Ltd.), Credit Agreement and Guaranty (Kestra Medical Technologies, Ltd.), Credit Agreement and Guaranty (GeneDx Holdings Corp.)
The Guarantee. The Guarantors Each Subsidiary Guarantor hereby jointly and severally guarantee guarantees, as a primary obligor and not merely as a surety, to the Administrative Agent, for the ratable benefit of each of the Secured Parties and their respective successors and assigns Guaranteed Party, the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of all of the Obligations (other than, with respect to any Guarantor, any Excluded Swap Obligations of such Guarantor) hereunder and the other Loan Documents, including all obligations of the Borrower and its Subsidiaries arising under any Secured Hedging AgreementsObligations, in each case strictly in accordance with the terms thereof and including all interest and expenses accrued or incurred subsequent to the commencement of any bankruptcy or insolvency proceeding with respect to the Borrower or any other Obligor, whether or not such interest or expenses are allowed as a claim in such proceeding (such obligations being herein collectively called the “Guaranteed Obligations”); provided, that for purposes of determining any Guaranteed Obligations of a Subsidiary Guarantor, “Guaranteed Obligations” shall not create any guarantee by a Subsidiary Guarantor of any Excluded Hedging Obligation of such Subsidiary Guarantor. The Subsidiary Guarantors hereby further jointly and severally agree that that, if the Borrower or other Subsidiary Guarantors shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the such Guaranteed Obligations, the Subsidiary Guarantors will promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the such Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 2 contracts
Sources: Credit Agreement (Cars.com Inc.), Credit Agreement (Cars.com Inc.)
The Guarantee. The Original Guarantor and all Guarantors hereby executing a Joinder Agreement hereby, jointly and severally guarantee severally, guarantee, as primary obligors and not as sureties, to each of the Secured Parties Lender and their respective its successors and assigns assigns, the prompt payment and performance in full when due (whether at stated maturity, by required prepayment, declaration, demand, by acceleration or otherwise) of all the principal of and interest (including any interest, fees, costs or charges that would accrue but for the provisions of the Obligations (other than, with respect to any Guarantor, any Excluded Swap Obligations of such Guarantor) hereunder and the other Loan Documents, including all obligations Title 11 of the Borrower United States Code after any bankruptcy or insolvency petition under Title 11 of the United States Code) on the Revolving Loans made by the Lender to the Borrower, and its Subsidiaries arising under all other Obligations from time to time owing to the Lender by any Secured Hedging Agreements, Loan Party in each case strictly in accordance with the terms thereof and including all interest and expenses accrued or incurred subsequent to the commencement of any bankruptcy or insolvency proceeding with respect to the Borrower or any other Obligor, whether or not such interest or expenses are allowed as a claim in such proceeding (such obligations being herein collectively called the “Guaranteed Obligations”). The Guarantors hereby further jointly and severally agree that if the Borrower or other Guarantor(s) shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors will promptly pay the samesame in cash, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 2 contracts
Sources: Loan and Security Agreement (Five Below, Inc), Loan and Security Agreement (Five Below, Inc)
The Guarantee. The Guarantors Guarantor hereby jointly irrevocably and severally guarantee unconditionally guarantees to each of the Secured Parties Creditors and their respective successors and assigns the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of all the principal of and interest on the Obligations (other than, with respect Facility made by the Lenders to any Guarantor, any Excluded Swap Obligations of such Guarantor) hereunder and the other Loan Documents, including all obligations of the Borrower and its Subsidiaries arising evidenced by the Note and all other amounts from time to time owing to the Creditors by the Borrower under this Agreement, under the Note, under any Secured Hedging AgreementsInterest Rate Agreements and under any of the Security Documents, in each case strictly in accordance with the terms thereof and including all interest and expenses accrued or incurred subsequent to the commencement of any bankruptcy or insolvency proceeding with respect to the Borrower or any other Obligor, whether or not such interest or expenses are allowed as a claim in such proceeding (such obligations being herein collectively called the “Guaranteed Obligations”). The Guarantors Guarantor hereby further jointly and severally agree agrees that if the Borrower shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors Guarantor will promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 2 contracts
Sources: Facility Agreement (International Shipholding Corp), Facility Agreement (International Shipholding Corp)
The Guarantee. The Subsidiary Guarantors hereby jointly and severally guarantee to each of the Secured Parties Agent and the Lenders, and their respective successors and assigns assigns, the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of the principal of and interest on the Loans, all of fees and other amounts and Obligations from time to time owing to the Obligations (other than, with respect to any Guarantor, any Excluded Swap Obligations of such Guarantor) hereunder Agent and the other Loan Documents, including all obligations of Lenders by the Borrower and its Subsidiaries arising each other Obligor under this Agreement or under any Secured Hedging Agreementsother Loan Document, in each case strictly in accordance with the terms hereof and thereof and including all interest and expenses accrued or incurred subsequent to the commencement of any bankruptcy or insolvency proceeding with respect to the Borrower or any other Obligor, whether or not such interest or expenses are allowed as a claim in such proceeding (such obligations being herein collectively called the “Guaranteed Obligations”). The Subsidiary Guarantors hereby further jointly and severally agree that if the Borrower or any other Obligor shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Subsidiary Guarantors will shall promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will shall be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 2 contracts
Sources: Credit Agreement (Oyster Point Pharma, Inc.), Credit Agreement (Oyster Point Pharma, Inc.)
The Guarantee. The Guarantors Guarantor hereby jointly unconditionally and severally guarantee irrevocably guarantees, as primary obligation and not merely as surety, to each of the Secured Parties Owner Lessor and their respective its successors and assigns the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of all of the Obligations (other than, with respect to any Guarantor, any Excluded Swap Obligations of such Guarantor) hereunder and the other Loan DocumentsRent, including all obligations of Termination Value, due to the Borrower and its Subsidiaries arising under any Secured Hedging Agreements, in each case Owner Lessor strictly in accordance with the terms thereof of the Facility Lease and including all interest and expenses accrued or incurred subsequent the other Operative Documents; PROVIDED, that the Guarantor's obligations hereunder shall not be subject to the commencement limitation on claims set forth in SECTION 18.19 of any bankruptcy the Participation Agreement, SECTION 17.2 of the Facility Lease or insolvency proceeding with respect to the Borrower or any other Obligor, whether or not such interest or expenses are allowed as a claim in such proceeding provisions of the Subordination Agreement (such obligations being herein collectively called the “"GUARANTEED OBLIGATIONS"); PROVIDED, FURTHER, that the Guaranteed Obligations”)Obligations constituting Termination Value may be limited as set forth in Section 2.03 of this Guarantee. The Guarantors Guarantor hereby further jointly and severally agree agrees that if the Borrower Facility Lessee shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed ObligationsObligation payable by it, the Guarantors Guarantor will promptly pay the samesame without set-off or deduction and, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed ObligationsObligation, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 2 contracts
Sources: Guarantee (Edison Mission Energy), Guarantee (Edison Mission Energy)
The Guarantee. The Guarantors Each Guarantor hereby jointly and severally guarantee guarantees, as a primary obligor and not as a surety, to each of the Secured Parties Party and their respective successors and assigns assigns, the prompt payment in full when due (whether at stated maturity, by required prepayment, declaration, demand, by acceleration or otherwise) of all (1) the principal of and interest (including any interest, fees, costs or charges that would accrue but for the provisions of the Obligations (other than, with respect to any Guarantor, any Excluded Swap Obligations of such Guarantor) hereunder and the other Loan Documents, including all obligations of the Borrower and its Subsidiaries arising under any Secured Hedging Agreements, in each case strictly in accordance with the terms thereof and including all interest and expenses accrued or incurred subsequent to the commencement of Bankruptcy Code after any bankruptcy or insolvency proceeding with respect petition under the Bankruptcy Code or any similar law of any other jurisdiction) on (i) the Loans made by the Lenders to any Borrower, (ii) the Incremental Loans made by the Incremental Term Lenders or Incremental Revolving Lenders to any Borrower, (iii) the Other Term Loans and Other Revolving Loans made by any lender thereof, and (iv) the Notes held by each Lender of any Borrower and (2) all other Obligations from time to time owing to the Secured Parties by any Borrower or any other Obligor, whether or not such interest or expenses are allowed as a claim in such proceeding (such obligations under clauses (1) and (2) being herein collectively called the “Guaranteed Guarantor Obligations”). The Guarantors Each Guarantor hereby further jointly and severally agree that agrees that, if the any Borrower shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Guarantor Obligations, the Guarantors such Guarantor will promptly pay the samesame in cash, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Guarantor Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 2 contracts
Sources: Incremental and Refinancing Amendment (Powerschool Holdings, Inc.), First Lien Credit Agreement (Powerschool Holdings, Inc.)
The Guarantee. The Guarantors hereby jointly and severally guarantee to each of the Secured Parties Administrative Agent and the Lenders, and their respective successors and assigns assigns, the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of the principal of and interest on the Loans, all of fees and other amounts and Obligations from time to time owing to the Obligations (other than, with respect to any Guarantor, any Excluded Swap Obligations of such Guarantor) hereunder Administrative Agent and the other Loan Documents, including all obligations of Lenders by the Borrower and its Subsidiaries arising each other Obligor under this Agreement or under any Secured Hedging Agreementsother Loan Document, in each case strictly in accordance with the terms hereof and thereof and including all interest and expenses accrued or incurred subsequent to the commencement of any bankruptcy or insolvency proceeding with respect to the Borrower or any other Obligor, whether or not such interest or expenses are allowed as a claim in such proceeding (such obligations being herein collectively called the “Guaranteed Obligations”). The Guarantors hereby further jointly and severally agree that if the Borrower or any other Obligor shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors will shall promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will shall be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 2 contracts
Sources: Credit Agreement (Menlo Therapeutics Inc.), Credit Agreement (Foamix Pharmaceuticals Ltd.)
The Guarantee. The Guarantors Guarantor hereby jointly and severally guarantee guarantees to each of Lender and the Secured Parties Administrative Agent and their respective successors and assigns the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of all the principal of and interest on the Obligations (other thanLoans made by the Lenders to, with respect to any Guarantor, any Excluded Swap Obligations of such Guarantor) hereunder and the Note(s) held by each Lender of, the Company and all other Loan Documents, including amounts from time to time owing to the Lenders or the Administrative Agent by the Company under the Credit Agreement and under the Basic Documents and all obligations of the Borrower Reimbursement Obligations and its Subsidiaries arising under any Secured Hedging Agreementsinterest thereon, in each case strictly in accordance with the terms thereof and including all interest and expenses accrued or incurred subsequent to the commencement of any bankruptcy or insolvency proceeding with respect to the Borrower or any other Obligor, whether or not such interest or expenses are allowed as a claim in such proceeding (such obligations being herein collectively called the “"Guaranteed Obligations”"). The Guarantors Guarantor hereby further jointly and severally agree agrees that if the Borrower Company shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors Guarantor will promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 2 contracts
Sources: Credit Agreement (Be Aerospace Inc), Credit Agreement (Be Aerospace Inc)
The Guarantee. The Subsidiary Guarantors hereby irrevocably jointly and severally guarantee to each of Lender and the Secured Parties Administrative Agent and their respective successors and assigns the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of the principal of and interest on the Loans made by the Lenders to, and the Notes held by each Lender of, the Company and all other amounts from time to time owing to the Lenders or the Administrative Agent by the Company under this Agreement and under the Notes and by any Obligor under any of the Obligations (other than, with respect to any Guarantor, any Excluded Swap Obligations of such Guarantor) hereunder and the other Loan Basic Documents, including all obligations of the Borrower and its Subsidiaries arising under any Secured Hedging Agreements, in each case strictly in accordance with the terms thereof (and including all interest and expenses accrued giving effect to any amendment or incurred subsequent to the commencement modification of any bankruptcy or insolvency proceeding with respect to the Borrower or any other Obligor, whether or not such interest or expenses are allowed as a claim in such proceeding terms) (such obligations being herein collectively called the “"Guaranteed Obligations”"). The Subsidiary Guarantors hereby further jointly and severally agree that if the Borrower Company shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Subsidiary Guarantors will promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 2 contracts
Sources: Credit Agreement (Unitedglobalcom Inc), Credit Agreement (United International Holdings Inc)
The Guarantee. The Guarantors Each Guarantor hereby jointly and severally guarantee guarantees, as a primary obligor and not as a surety, to each of the Secured Parties Party and their respective successors and assigns permitted assigns, the prompt payment in full when due (whether at stated maturity, by required prepayment, declaration, demand, by acceleration or otherwise) of all (1) the principal of and interest (including any interest, fees, costs or charges that would accrue but for the provisions of the Obligations (other than, with respect to any Guarantor, any Excluded Swap Obligations of such Guarantor) hereunder and the other Loan Documents, including all obligations of the Borrower and its Subsidiaries arising under any Secured Hedging Agreements, in each case strictly in accordance with the terms thereof and including all interest and expenses accrued or incurred subsequent to the commencement of Bankruptcy Code after any bankruptcy or insolvency proceeding with respect petition under the Bankruptcy Code or any similar law of any other jurisdiction) on (i) the Loans made by the Lenders to Borrower, and (ii) the Notes held by each Lender of Borrower and (2) all other Obligations from time to time owing to the Borrower or any other Obligor, whether or not such interest or expenses are allowed as a claim in such proceeding Secured Parties by the Loan Parties (such obligations being herein collectively called the “Guaranteed Obligations”). The Guarantors Each Guarantor hereby further jointly and severally agree that agrees that, if the Borrower shall fail to pay in full in cash when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors such Guarantor will promptly pay the samesame in cash, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full in cash when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 2 contracts
Sources: First Lien Term Loan Credit and Guarantee Agreement (Alden Global Capital LLC), Intercreditor Agreement (Alden Global Capital LLC)
The Guarantee. The Guarantors hereby jointly and severally guarantee as a primary obligor and not as a surety to each of the Secured Parties Party and their respective successors and assigns the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of all the principal of and interest (including any interest, fees, costs or charges that would accrue but for the provisions of the Obligations (other thanTitle 11 of the United States Code after any bankruptcy or insolvency petition under Title 11 of the United States Code) on the Loans made by the Lenders to, with respect to any Guarantor, any Excluded Swap Obligations of such Guarantor) hereunder and the Notes held by each Lender of, Borrowers, and all other Obligations from time to time owing to the Secured Parties by any Loan Documents, including all obligations of the Borrower and its Subsidiaries arising Party under any Secured Loan Document or Lender Hedging AgreementsAgreement relating to the Loans, in each case strictly in accordance with the terms thereof and including all interest and expenses accrued or incurred subsequent to the commencement of any bankruptcy or insolvency proceeding with respect to the Borrower or any other Obligor, whether or not such interest or expenses are allowed as a claim in such proceeding (such obligations being herein collectively called the “Guaranteed Obligations”). The Guarantors hereby further jointly and severally agree that if the any Borrower or other Guarantor(s) shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors will promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 2 contracts
Sources: Revolving Credit Agreement (Lenox Group Inc), Revolving Credit Agreement (Department 56 Inc)
The Guarantee. The Guarantors hereby hereby, jointly and severally guarantee severally, guarantee, as primary obligors and not as sureties, to each of the Secured Parties Party and their respective successors and assigns assigns, the prompt payment and performance in full when due (whether at stated maturity, by required prepayment, declaration, demand, by acceleration or otherwise) of all the principal of and interest (including any interest, fees, costs or charges that would accrue but for the provisions of the Obligations (other thanTitle 11 of the United States Code after any bankruptcy or insolvency petition under Title 11 of the United States Code) on the Loans made by the Lenders to, with respect to any Guarantor, any Excluded Swap Obligations of such Guarantor) hereunder and the Notes held by each Lender of, Borrower, and all other Secured Obligations from time to time owing to the Secured Parties by any Loan Documents, including all obligations of the Borrower and its Subsidiaries arising under any Secured Hedging Agreements, Party in each case strictly in accordance with the terms thereof and including all interest and expenses accrued or incurred subsequent to the commencement of any bankruptcy or insolvency proceeding with respect to the Borrower or any other Obligor, whether or not such interest or expenses are allowed as a claim in such proceeding (such obligations being herein collectively called the “Guaranteed Obligations”). The Guarantors hereby further jointly and severally agree that if the Borrower or other Guarantor(s) shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors will promptly pay the samesame in cash, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 2 contracts
Sources: Credit Agreement (PHC Inc /Ma/), Credit Agreement (EPL Intermediate, Inc.)
The Guarantee. The Guarantors Each Guarantor hereby jointly guarantees, as a primary obligor and severally guarantee not merely as a surety to each of the Secured Parties Beneficiary and their respective its successors and assigns assigns, the prompt payment in full when due (whether at stated maturity, by required prepayment, declaration, demand, by acceleration or otherwise) of all the principal of and interest on (including any interest, fees, costs or charges that would accrue but for the provisions of the Obligations (other thanTitle 11 of the United States Code after any bankruptcy or insolvency petition under Title 11 of the United States Code) the Loans made by the Lenders to, with respect to any Guarantor, any Excluded Swap Obligations of such Guarantor) hereunder and the Notes held by each Lender of, Borrower, and all other Obligations from time to time owing to the Beneficiaries by any Loan Documents, including all obligations of the Borrower and its Subsidiaries arising Party under any Secured Hedging AgreementsLoan Document, in each case strictly in accordance with the terms thereof and including all interest and expenses accrued or incurred subsequent to the commencement of any bankruptcy or insolvency proceeding with respect to the Borrower or any other Obligor, whether or not such interest or expenses are allowed as a claim in such proceeding (such obligations being herein collectively called the “Guaranteed Obligations”). The Guarantors Each Guarantor hereby further jointly and severally agree agrees that if the Borrower shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors each Guarantor will promptly pay the samesame in cash, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 2 contracts
Sources: Credit Agreement (Nabors Industries LTD), Credit Agreement (Nabors Industries LTD)
The Guarantee. The Guarantors hereby jointly and severally guarantee as a primary obligor and not as a surety to each of the Secured Parties Party and their respective successors and assigns the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of all the principal of and interest (including any interest, fees, costs or charges that would accrue but for the provisions of the Obligations (other thanTitle 11 of the United States Code after any bankruptcy or insolvency petition under Title 11 of the United States Code) on the Loans made by the Lenders to, with respect to any Guarantor, any Excluded Swap Obligations of such Guarantor) hereunder and the Notes held by each Lender of, Borrowers, and all other Obligations from time to time owing to the Secured Parties by any Loan Documents, including all obligations of the Borrower and its Subsidiaries arising Party under any Secured Hedging AgreementsLoan Document, in each case strictly in accordance with the terms thereof and including all interest and expenses accrued or incurred subsequent to the commencement of any bankruptcy or insolvency proceeding with respect to the Borrower or any other Obligor, whether or not such interest or expenses are allowed as a claim in such proceeding (such obligations being herein collectively called the “Guaranteed Obligations”). The Guarantors hereby further jointly and severally agree that if the Borrower Borrowers or other Guarantor(s) shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors will promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 2 contracts
Sources: Credit Agreement (Bearingpoint Inc), Credit Agreement (Bearingpoint Inc)
The Guarantee. The Guarantors hereby jointly and severally guarantee to the Administrative Agent and each of the Secured Parties Lender, and their respective successors and assigns assigns, the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of the principal of and interest on the Term Loan, all fees and other amounts and Obligations from time to time owing to the Administrative Agent and any Lender by the Borrowers under this Agreement or under any other Loan Document and by any other Obligor under any of the Obligations (other than, with respect to any Guarantor, any Excluded Swap Obligations of such Guarantor) hereunder and the other Loan Documents, including all obligations of the Borrower and its Subsidiaries arising under any Secured Hedging Agreements, in each case strictly in accordance with the terms thereof and including all interest and expenses accrued or incurred subsequent to the commencement of any bankruptcy or insolvency proceeding with respect to the Borrower or any other Obligor, whether or not such interest or expenses are allowed as a claim in such proceeding (such obligations being herein collectively called the “Guaranteed Obligations”). The Guarantors hereby further jointly and severally agree that if the Borrower Borrowers shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors will promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 2 contracts
Sources: Credit Agreement and Guaranty (Trinity Biotech PLC), Credit Agreement (Trinity Biotech PLC)
The Guarantee. The Guarantors Each Guarantor hereby jointly absolutely, unconditionally and severally guarantee irrevocably guarantees to each of the Secured Parties Creditors and their respective successors and assigns the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of:
(a) the principal of and interest on the Loans and the L/C Reimbursement Obligations and all fees, premiums, costs, expenses, indemnification payments and other amounts or obligations whatsoever, whether direct or indirect, absolute or contingent, now or hereafter from time to time owing to the Lenders or the Administrative Agent or any of them by any Obligor under any of the Obligations (other than, with respect to any Guarantor, any Excluded Swap Obligations of such Guarantor) hereunder and the other Loan Documents, including and
(b) all obligations of the any Borrower and its Subsidiaries arising to any Lender (or any Affiliate thereof) under any Secured Hedging AgreementsAgreement, in each case strictly in accordance with the terms thereof and including all interest and expenses accrued or incurred subsequent to the commencement of any bankruptcy or insolvency proceeding with respect to the Borrower or any other Obligor, whether or not such interest or expenses are allowed as a claim in such proceeding (such obligations being herein collectively called the “Guaranteed Obligations”). The Guarantors Each Guarantor hereby further jointly and severally agree agrees that if the Borrower any Obligor shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors will promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.in
Appears in 2 contracts
Sources: 364 Day Revolving Credit Agreement (KKR & Co. Inc.), 364 Day Revolving Credit Agreement (KKR & Co. L.P.)
The Guarantee. The Guarantors Each Guarantor hereby jointly and severally guarantee guarantees to each of Lender, the Secured Parties Issuing Lender and the Administrative Agent and their respective successors and assigns the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of the principal of and interest on the Loans made by the Lenders to the Borrower, all of LC Disbursements and all other amounts from time to time owing to the Obligations (other thanLenders, with respect to the Issuing Lender or the Administrative Agent by the Borrower hereunder or under any Guarantor, any Excluded Swap Obligations of such Guarantor) hereunder and the other Loan DocumentsDocument, including and all obligations of the Borrower and its Subsidiaries arising to any Lender under any Secured Hedging AgreementsAgreement or arising from or related to cash management services, in each case strictly in accordance with the terms thereof and including all interest and expenses accrued or incurred subsequent to the commencement of any bankruptcy or insolvency proceeding with respect to the Borrower or any other Obligor, whether or not such interest or expenses are allowed as a claim in such proceeding (such obligations being herein collectively called the “"Guaranteed Obligations”). The Guarantors ") Each Guarantor hereby further jointly and severally agree agrees that if the Borrower shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors each Guarantor will promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 2 contracts
Sources: Credit Agreement (Affinity Group Inc), Credit Agreement (Affinity Group Holding, Inc.)
The Guarantee. The Guarantors hereby hereby, jointly and severally guarantee severally, guarantee, as primary obligors and not as sureties, to each of the Secured Parties Lender and their respective its successors and assigns assigns, the prompt payment and performance in full when due (whether at stated maturity, by required prepayment, declaration, demand, by acceleration or otherwise) of all the principal of and interest (including any interest, fees, costs or charges that would accrue but for the provisions of the Obligations (other thanTitle 11 of the United States Code after any bankruptcy or insolvency petition under Title 11 of the United States Code) on the Loans made by Lender to, with respect to any Guarantor, any Excluded Swap Obligations of such Guarantor) hereunder and the Notes held by Lender of, Borrower, and all other Obligations from time to time owing to Lender by any Loan Documents, including all obligations of the Borrower and its Subsidiaries arising under any Secured Hedging Agreements, Party in each case strictly in accordance with the terms thereof and including all interest and expenses accrued or incurred subsequent to the commencement of any bankruptcy or insolvency proceeding with respect to the Borrower or any other Obligor, whether or not such interest or expenses are allowed as a claim in such proceeding (such obligations being herein collectively called the “Guaranteed Obligations”). The Guarantors hereby further jointly and severally agree that if the Borrower or other Guarantor(s) shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors will promptly pay the samesame in cash, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 2 contracts
Sources: Credit Agreement (Kemet Corp), Credit Agreement (Kemet Corp)
The Guarantee. The Guarantors Each Guarantor hereby jointly and severally guarantee guarantees, as a primary obligor and not as a surety, to each of the Secured Parties Lender and their respective successors and assigns permitted assigns, the prompt payment in full when due (whether at stated maturity, by required prepayment, declaration, demand, by acceleration or otherwise) of all (1) the principal of and interest (including any interest, fees, costs or charges that would accrue but for the provisions of the Obligations Bankruptcy Code after any bankruptcy or insolvency petition under the Bankruptcy Code or any similar law of any other jurisdiction) on (other thani) the Term Loan made by the Lenders to the Borrower, with respect to any Guarantor, any Excluded Swap Obligations of such Guarantorand (ii) hereunder and the other Loan Documents, including all obligations Term Notes held by each Lender of the Borrower and its Subsidiaries arising under any Secured Hedging Agreements, in each case strictly in accordance with the terms thereof and including (2) all interest and expenses accrued or incurred subsequent other Obligations from time to time owing to the commencement of any bankruptcy or insolvency proceeding with respect to Lenders by the Borrower or any other Obligor, whether or not such interest or expenses are allowed as a claim in such proceeding Loan Parties (such obligations being herein collectively called the “Guaranteed Obligations”). The Guarantors Each Guarantor hereby further jointly and severally agree that agrees that, if the Borrower shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors such Guarantor will promptly pay the samesame in cash, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 2 contracts
Sources: Term Loan and Guarantee Agreement, Term Loan and Guarantee Agreement (Evercore Partners Inc.)
The Guarantee. The Subsidiary Guarantors hereby jointly and severally guarantee to each of Lender and the Secured Parties Administrative Agent and their respective successors and assigns the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of the principal of and interest on the Loans made by the Lenders to, and the Notes held by each Lender of, the Company and all other amounts from time to time owing to the Lenders or the Administrative Agent by the Company under this Agreement and under the Notes and by any Obligor under any of the Obligations (other than, with respect to any Guarantor, any Excluded Swap Obligations of such Guarantor) hereunder and the other Loan DocumentsDocuments (including, including without limitation, all Reimbursement Obligations), and all obligations of the Borrower and Company or any of its Subsidiaries arising under to any Secured Hedging AgreementsLender or any affiliate of a Lender in respect of any Interest Rate Protection Agreement, in each case strictly in accordance with the terms thereof and including all interest and expenses accrued or incurred subsequent to the commencement of any bankruptcy or insolvency proceeding with respect to the Borrower or any other Obligor, whether or not such interest or expenses are allowed as a claim in such proceeding (such obligations being herein collectively called the “"Guaranteed Obligations”"). The Subsidiary Guarantors hereby further jointly and severally agree that if the Borrower Company shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Subsidiary Guarantors will promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 1 contract
Sources: Credit Agreement (Advo Inc)
The Guarantee. The Guarantors Parent Guarantor hereby jointly and severally guarantee guarantees to each of Lender and the Secured Parties Administrative Agent and their respective successors and assigns the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of the principal of and interest on the Advances made by the Lenders to, and the Notes held by each Lender of, the Borrower and all of other amounts from time to time owing to the Obligations (other thanLender or the Administrative Agent by the Borrower hereunder, with respect to any Guarantor, any Excluded Swap Obligations of such Guarantor) hereunder and under the Notes or under the other Loan Documents, including all obligations of the Borrower Documents and its Subsidiaries arising under any Secured Hedging Agreementsinterest thereon, in each case strictly in accordance with the terms thereof and including all interest and expenses accrued or incurred subsequent to the commencement of any bankruptcy or insolvency proceeding with respect to the Borrower or any other Obligor, whether or not such interest or expenses are allowed as a claim in such proceeding (such obligations being herein collectively called the “Guaranteed Obligations”"GUARANTEED OBLIGATIONS"). The Guarantors Parent Guarantor hereby further jointly and severally agree agrees that if the Borrower shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors Parent Guarantor will promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 1 contract
The Guarantee. The Guarantors hereby jointly and severally guarantee as a primary obligor and not as a surety to each of the Secured Parties Party and their respective successors and assigns the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of all the principal of and interest (including any interest, fees, costs or charges that would accrue but for the provisions of the Obligations (other thanTitle 11 of the United States Code after any bankruptcy or insolvency petition under Title 11 of the United States Code) on the Loans made by the Lenders to, with respect to any Guarantor, any Excluded Swap Obligations of such Guarantor) hereunder and the Notes held by each Lender of, Borrowers, and all other Obligations from time to time owing to the Secured Parties by any Loan Documents, including all obligations of the Borrower and its Subsidiaries arising Party under any Secured Hedging AgreementsLoan Document or Interest Rate Agreement relating to the Loans, in each case strictly in accordance with the terms thereof and including all interest and expenses accrued or incurred subsequent to the commencement of any bankruptcy or insolvency proceeding with respect to the Borrower or any other Obligor, whether or not such interest or expenses are allowed as a claim in such proceeding (such obligations being herein collectively called the “"Guaranteed Obligations”"). The Guarantors hereby further jointly and severally agree that if the Borrower Borrowers or other Guarantor(s) shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors will promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 1 contract
The Guarantee. The Guarantors hereby jointly and severally ------------- guarantee as a primary obligor and not as a surety to each of the Secured Parties Lender and Agent and their respective successors and assigns the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of all the principal of and interest (including any interest that would accrue but for the provisions of the Obligations (other thanBankruptcy Code after any bankruptcy or insolvency petition under the Bankruptcy Code) on the Loans made by the Lenders to, with respect to any Guarantor, any Excluded Swap Obligations of such Guarantor) hereunder and the Notes held by each Lender of, Borrower and all other Loan Documents, including all obligations Obligations from time to time owing to the Lenders or Agents by Borrower under this Agreement and under the Notes and by any Obligor under any of the Borrower and its Subsidiaries arising under any Secured Hedging Agreementsother Credit Documents, in each case strictly in accordance with the terms thereof and including all interest and expenses accrued or incurred subsequent to the commencement of any bankruptcy or insolvency proceeding with respect to the Borrower or any other Obligor, whether or not such interest or expenses are allowed as a claim in such proceeding (such obligations being herein collectively called the “"Guaranteed Obligations”"). The Guarantors hereby further jointly and ---------------------- severally agree that if the Borrower shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors will promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 1 contract
Sources: Senior Subordinated Credit Agreement (Princess Beverly Coal Holding Co Inc)
The Guarantee. The Guarantors hereby jointly and severally guarantee as a primary obligor and not as a surety to each of the Secured Parties Party and their respective successors and assigns the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of all the principal of and interest (including any interest, fees, costs or charges that would accrue but for the provisions of the Obligations (other thanBankruptcy Code after any bankruptcy or insolvency petition under the Bankruptcy Code) on the Loans made by the Lenders to, with respect to any Guarantor, any Excluded Swap Obligations of such Guarantor) hereunder and the Notes held by each Lender of, Borrower, and all other Loan Documents, including all obligations of Obligations from time to time owing to the Borrower and its Subsidiaries arising Secured Parties by any Credit Party under any Secured Hedging AgreementsLoan Document or Interest Rate Protection Agreement relating to the Loans, in each case strictly in accordance with the terms thereof and including all interest and expenses accrued or incurred subsequent to the commencement of any bankruptcy or insolvency proceeding with respect to the Borrower or any other Obligor, whether or not such interest or expenses are allowed as a claim in such proceeding (such obligations being herein collectively called the “Guaranteed Obligations”"GUARANTEED OBLIGATIONS"). The Guarantors hereby further jointly and severally agree that if the Borrower or other Guarantor(s) shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors will promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 1 contract
Sources: Credit Agreement (Communications & Power Industries Inc)
The Guarantee. The Guarantors hereby jointly and severally guarantee guarantee, as primary obligors and not as sureties to each of the Secured Parties Party and their respective successors and assigns assigns, the prompt payment in full when due (whether at stated maturity, by required prepayment, declaration, demand, by acceleration or otherwise) of all the principal of and interest (including any interest, fees, costs or charges that would accrue but for the provisions of Title 11 of the Obligations (other thanUnited States Code after any bankruptcy or insolvency petition under Title 11 of the United States Code) on the Loans made by the Lenders to, with respect to any Guarantor, any Excluded Swap Obligations of such Guarantor) hereunder and the Notes held by each Lender of, Borrower, and all other Obligations from time to time owing to the Secured Parties by any Loan Documents, including all obligations of the Borrower and its Subsidiaries arising Party under any Secured Hedging Agreements, Loan Document in each case strictly in accordance with the terms thereof and including all interest and expenses accrued or incurred subsequent to the commencement of any bankruptcy or insolvency proceeding with respect to the Borrower or any other Obligor, whether or not such interest or expenses are allowed as a claim in such proceeding (such obligations being herein collectively called the “Guaranteed Obligations”"GUARANTEED OBLIGATIONS"). The Guarantors hereby further jointly and severally agree that if the Borrower or other Guarantor(s) shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors will promptly pay the samesame in cash, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 1 contract
The Guarantee. The Subsidiary Guarantors hereby jointly and severally guarantee to each of Lender and the Secured Parties Administrative Agent and their respective successors and assigns the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of the principal of and interest on the Loans made by the Lenders to the Borrower and all other amounts from time to time owing to the Lenders or the Administrative Agent by the Borrower under this Agreement and by any Obligor under any of the Obligations (other than, with respect to any Guarantor, any Excluded Swap Obligations of such Guarantor) hereunder and the other Loan Documents, including and all obligations of the Borrower and or any of its Subsidiaries arising under to any Secured of the Lenders and their respective Affiliates in respect of any Hedging AgreementsAgreement, in each case strictly in accordance with the terms thereof and including all interest and expenses accrued or incurred subsequent to the commencement of any bankruptcy or insolvency proceeding with respect to the Borrower or any other Obligor, whether or not such interest or expenses are allowed as a claim in such proceeding (such obligations being herein collectively called the “Guaranteed Obligations”). The Subsidiary Guarantors hereby further jointly and severally agree that if the Borrower shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Subsidiary Guarantors will promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 1 contract
The Guarantee. The Guarantors Each Guarantor hereby jointly and severally guarantee guarantees to each of Lender, the Secured Parties Issuing Lender and the Administrative Agent and their respective successors and assigns the prompt payment and performance in full when due (whether at stated maturity, by acceleration or otherwise) of the principal of and interest on the Loans made by the Lenders to the Borrower, all of LC Disbursements and all other amounts from time to time owing to the Obligations (other thanLenders, with respect to the Issuing Lender or the Administrative Agent by the Borrower hereunder or under any Guarantor, any Excluded Swap Obligations of such Guarantor) hereunder and the other Loan DocumentsDocument, including and all other obligations of the Borrower and its Subsidiaries arising to any Lender hereunder or to any Lender or the affiliate of any Lender under any Secured Hedging AgreementsAgreement, in each case strictly in accordance with the terms thereof and including all interest and expenses accrued or incurred subsequent to the commencement of any bankruptcy or insolvency proceeding with respect to the Borrower or any other Obligor, whether or not such interest or expenses are allowed as a claim in such proceeding (such obligations being herein collectively called the “Guaranteed Obligations”). The Guarantors Each Guarantor hereby further jointly and severally agree agrees that if the Borrower shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors each Guarantor will promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 1 contract
The Guarantee. The Guarantors hereby jointly and severally guarantee to each of the Secured Parties Lender and their respective successors and assigns assigns, the prompt payment in full when due (whether at stated maturity, by required prepayment, declaration, demand, by acceleration or otherwise) of all the principal of and interest (including any interest, fees, costs or charges that would accrue but for the provisions of the Obligations (other thanTitle 11 of the United States Code after any bankruptcy or insolvency petition under Title 11 of the United States Code) on the Loans made by the Lenders to, with respect to any Guarantor, any Excluded Swap Obligations of such Guarantor) hereunder and the promissory notes held by each Lender of, Borrower, and all other Obligations from time to time owing to the Lenders by any Loan Documents, including all obligations of the Borrower and its Subsidiaries arising Party under any Secured Hedging AgreementsLoan Document, in each case strictly in accordance with the terms thereof and including all interest and expenses accrued or incurred subsequent to the commencement of any bankruptcy or insolvency proceeding with respect to the Borrower or any other Obligor, whether or not such interest or expenses are allowed as a claim in such proceeding (such obligations being herein collectively called the “Guaranteed Obligations”). The Guarantors hereby further jointly and severally agree that if the Borrower or other Guarantor(s) shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors will promptly pay the samesame in cash, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 1 contract
Sources: Senior Unsecured Bridge Loan Agreement (Allis Chalmers Energy Inc.)
The Guarantee. The Guarantors hereby jointly and severally guarantee Subject to Section 9 hereof, each of the Secured Parties Subsidiary Guarantors hereby absolutely and their respective successors unconditionally guarantees, and assigns each of the prompt Initial Subsidiary Guarantors reaffirms its prior guarantee of, as primary obligor and not as surety, the full and punctual payment in full when due (whether at stated maturity, by upon acceleration or early termination or otherwise, and at all times thereafter) of all and performance of the Obligations (other than, with respect to any Guarantor, any Excluded Swap Obligations of such Guarantor) hereunder and the other Loan DocumentsObligations, including all obligations of without limitation any such Obligations incurred or accrued during the Borrower and its Subsidiaries arising under any Secured Hedging Agreements, in each case strictly in accordance with the terms thereof and including all interest and expenses accrued or incurred subsequent to the commencement pendency of any bankruptcy bankruptcy, insolvency, receivership or insolvency proceeding with respect to the Borrower or any other Obligorsimilar proceeding, whether or not such interest allowed or expenses are allowed as a claim allowable in such proceeding (such obligations collectively, subject to the provisions of Section 9 hereof, being herein referred to collectively called as the “Guaranteed Obligations”). The Guarantors hereby further jointly and severally agree that if Upon failure by the Borrower shall fail Borrowers to pay punctually any such amount, each of the Subsidiary Guarantors agrees that it shall forthwith on demand pay to the Agent for the benefit of the Lenders and, if applicable, their Affiliates, the amount not so paid at the place and in full when due (whether at stated maturitythe manner specified in the Credit Agreement, by acceleration the relevant Swap Agreement or otherwise) the relevant Loan Document, as the case may be. This Guarantee is a guarantee of payment and not of collection. Each of the Subsidiary Guarantors waives any right to require the Lender to ▇▇▇ any of the Borrowers, any other guarantor, or any other person obligated for all or any part of the Guaranteed Obligations, the Guarantors will promptly pay the same, without or otherwise to enforce its payment against any demand collateral securing all or notice whatsoever, and that in the case of any extension of time of payment or renewal of any part of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 1 contract
The Guarantee. The Subsidiary Guarantors hereby jointly and severally guarantee to each of Lender and the Secured Parties Administrative Agent and their respective successors and assigns the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of the principal of and interest on the Loans made by the Lenders to, and the Note held by each Lender of, the Borrower and all other amounts from time to time owing to the Lenders or the Administrative Agent by the Borrower under this Agreement and under the Notes and by any Obligor under any of the Obligations (other than, with respect to any Guarantor, any Excluded Swap Obligations of such Guarantor) hereunder and the other Loan Documents, including and all obligations of the Borrower and or any of its Subsidiaries arising under to any Secured Lender (or any affiliate of any Lender) in respect of any Hedging AgreementsAgreement, in each case strictly in accordance with the terms thereof and including all interest and expenses accrued or incurred subsequent to the commencement of any bankruptcy or insolvency proceeding with respect to the Borrower or any other Obligor, whether or not such interest or expenses are allowed as a claim in such proceeding (such obligations being herein collectively called the “"Guaranteed Obligations”"). The Subsidiary Guarantors ---------------------- hereby further jointly and severally agree that if the Borrower shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Subsidiary Guarantors will promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 1 contract
Sources: Credit Agreement (Premier Parks Inc)
The Guarantee. The Subsidiary Guarantors hereby jointly and severally guarantee to each of Lender and the Secured Parties Administrative Agent and their respective successors and assigns the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of the principal of and interest on the Loans made by the Lenders to the Borrower and all other amounts from time to time owing to the Lenders or the Administrative Agent by the Borrower under this Agreement and by any Obligor under any of the Obligations (other than, with respect to any Guarantor, any Excluded Swap Obligations of such Guarantor) hereunder and the other Loan DocumentsDocuments (including, including without limitation, all Reimbursement Obligations), and all obligations of the Borrower and or any of its Subsidiaries arising under to any Secured Hedging AgreementsLender or any affiliate of a Lender in respect of any Interest Rate Protection Agreement, in each case strictly in accordance with the terms thereof and including all interest and expenses accrued or incurred subsequent to the commencement of any bankruptcy or insolvency proceeding with respect to the Borrower or any other Obligor, whether or not such interest or expenses are allowed as a claim in such proceeding (such obligations being herein collectively called the “Guaranteed Obligations”"GUARANTEED OBLIGATIONS"). The Subsidiary Guarantors hereby further jointly and severally agree that if the Borrower shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Subsidiary Guarantors will promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 1 contract
Sources: Credit Agreement (Panavision Inc)
The Guarantee. The Guarantors hereby jointly and severally guarantee as a primary obligor and not as a surety to each of the Secured Parties Party and their respective successors and assigns the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of all the principal of and interest (including any interest, fees, costs or charges that would accrue but for the provisions of the Obligations (other thanBankruptcy Code after any bankruptcy or insolvency petition under the Bank- ruptcy Code) on the Loans made by the Lenders to, with respect to any Guarantor, any Excluded Swap Obligations of such Guarantor) hereunder and the Notes held by each Lender of, Borrower, and all other Loan Documents, including all obligations of Obligations from time to time owing to the Borrower and its Subsidiaries arising Secured Parties by any Credit Party under any Secured Hedging AgreementsLoan Document or Interest Rate Protection Agreement relating to the Loans, in each case strictly in accordance with the terms thereof and including all interest and expenses accrued or incurred subsequent to the commencement of any bankruptcy or insolvency proceeding with respect to the Borrower or any other Obligor, whether or not such interest or expenses are allowed as a claim in such proceeding (such obligations being herein collectively called the “Guaranteed Obligations”"GUARANTEED OBLIGATIONS"). The Guarantors hereby further jointly and severally agree that if the Borrower or other Guarantor(s) shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors will promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 1 contract
Sources: Credit Agreement (Cpi Holdco Inc)
The Guarantee. The Affiliate Guarantors hereby jointly and severally guarantee to each of the Secured Parties and their respective successors and assigns Purchaser the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of all obligations, liabilities and indebtedness of every nature of each Loan Party from time to time owed to Purchaser under the Obligations (other than, with respect to any Guarantor, any Excluded Swap Obligations of such Guarantor) hereunder and the other Loan Purchase Documents, including all obligations Notes, the principal amount of all other debts, claims and indebtedness, including accrued and unpaid interest, and all fees, costs and expenses, whether primary, secondary, direct, contingent, fixed or otherwise, heretofore, now and/or from time to time hereafter owing, due or payable under the Borrower and its Subsidiaries arising Purchase Documents whether before or after the filing of a proceeding under the bankruptcy code by or against any Secured Hedging AgreementsLoan Party (collectively, the "Guaranteed Obligations"), in each case strictly in accordance with the terms thereof and including all interest and expenses accrued or incurred subsequent to the commencement of any bankruptcy or insolvency proceeding with respect to the Borrower or any other Obligor, whether or not such interest or expenses are allowed as a claim in such proceeding (such obligations being herein collectively called the “Guaranteed Obligations”)hereof. The Affiliate Guarantors hereby further jointly and severally agree that if the Borrower Company shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Affiliate Guarantors will promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 1 contract
Sources: Note and Equity Purchase Agreement (O2wireless Solutions Inc)
The Guarantee. The Each of the Guarantors hereby jointly and severally guarantee guarantee, as a primary obligor and not as a surety to the DIP Lender and the DIP Agent and each of the Secured Parties and their respective successors and assigns assigns, the prompt payment in full when due (whether at stated maturity, by required prepayment, declaration, demand, by acceleration or otherwise) of all the principal of and interest (including any interest, fees, costs or charges that would accrue but for the provisions of the Bankruptcy Code after the Petition Date) on the DIP Loans made by the DIP Lender to the DIP Borrower, and all other Obligations (other than, with respect and/or liabilities from time to any Guarantor, any Excluded Swap Obligations of such Guarantor) hereunder time owing to the DIP Lender and the other DIP Agent by any Loan Documents, including all obligations of the Borrower and its Subsidiaries arising Party hereunder or under any Secured Hedging Agreements, in each case strictly in accordance with the terms thereof and including all interest and expenses accrued or incurred subsequent to the commencement of any bankruptcy or insolvency proceeding with respect to the Borrower or any other Obligor, whether or not such interest or expenses are allowed as a claim in such proceeding related DIP Loan Documents (such obligations being herein collectively called the “Guaranteed Obligations”). The Guarantors hereby further jointly and severally agree that if the DIP Borrower or other Guarantor(s) shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors will promptly pay the samesame in cash, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 1 contract
Sources: Debtor in Possession Credit Agreement (Emergent Capital, Inc.)
The Guarantee. The Guarantors hereby jointly and severally guarantee guarantee, as a primary obligor and not as a surety to each of the Secured Parties Party and their respective successors and assigns assigns, the prompt payment in full when due (whether at stated maturitythe Stated Maturity Date, by required prepayment, declaration, demand, by acceleration or otherwise) of all the principal of, premium, if any, and interest (including any interest, fees, costs or charges that would accrue but for the provisions of Title 11 of the Obligations (other than, with respect to United States Code after any Guarantor, any Excluded Swap Obligations of such Guarantor) hereunder and the other Loan Documents, including all obligations bankruptcy or insolvency petition under Title 11 of the Borrower United States Code) on the Notes held by each Noteholder and its Subsidiaries arising all other Obligations from time to time owing to the Secured Parties by any Issuer under any Secured Hedging Agreements, in each case strictly Financing Document in accordance with the terms thereof and including all interest and expenses accrued or incurred subsequent to the commencement of any bankruptcy or insolvency proceeding with respect to the Borrower or any other Obligor, whether or not such interest or expenses are allowed as a claim in such proceeding (such obligations being herein collectively called the “Guaranteed Obligations”). The Guarantors hereby further jointly and severally agree that if the Borrower Company or other Guarantor(s) shall fail to pay in full when due (whether at stated maturitythe Stated Maturity Date, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors will promptly pay the samesame in cash, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 1 contract
Sources: Purchase Agreement (Digital Domain)
The Guarantee. The Guarantors hereby jointly and severally guarantee as a primary obligor and not as a surety to each of the Secured Parties Creditor and their respective successors and assigns the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of all the principal of and interest (including any interest, fees, costs or charges that would accrue but for the provisions of the Obligations (other thanBankruptcy Code after any bankruptcy or insolvency petition under the Bankruptcy Code) on the Loans made by the Lenders to, with respect to any Guarantor, any Excluded Swap Obligations of such Guarantor) hereunder and the Notes held by each Lender of, Borrower, and all other Loan Documents, including all obligations of Obligations from time to time owing to the Borrower and its Subsidiaries arising Creditors by any Obligor under any Secured Hedging AgreementsCredit Document or Swap Contract relating to the Loans, in each case strictly in accordance with the terms thereof and including all interest and expenses accrued or incurred subsequent to the commencement of any bankruptcy or insolvency proceeding with respect to the Borrower or any other Obligor, whether or not such interest or expenses are allowed as a claim in such proceeding (such obligations being herein collectively called the “Guaranteed Obligations”"GUARANTEED OBLIGATIONS"). The Guarantors hereby further jointly and severally agree that if the Borrower or other Guarantor(s) shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors will promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 1 contract
The Guarantee. The Guarantors hereby jointly and severally guarantee guarantee, as a primary obligor and not as a surety to each of Agent and the Secured Parties Lenders and their respective successors and assigns assigns, the prompt payment in full when due (whether at stated maturity, by required prepayment, declaration, demand, by acceleration or otherwise) of all the principal of and interest on (including any interest, fees, costs or charges that would accrue but for the provisions of the Obligations (other than, with respect to any Guarantor, any Excluded Swap Obligations of such Guarantor) hereunder and the other Loan Documents, including all obligations Title 11 of the Borrower and its Subsidiaries arising under any Secured Hedging Agreements, in each case strictly in accordance with the terms thereof and including all interest and expenses accrued or incurred subsequent to the commencement of United States Code after any bankruptcy or insolvency proceeding with respect to petition under Title 11 of the Borrower or any other Obligor, United States Code whether or not any such interest interest, fees, costs or expenses charges are allowed as a claim in such any proceeding thereunder) the Loan made by the Lenders to Borrower, and all other Obligations from time to time owing to Agent and the Lenders by any Credit Party under any Loan Document (such obligations being herein collectively called the “Guaranteed Obligations”). The Guarantors hereby further jointly and severally agree that if the Borrower or other Guarantor(s) shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors will promptly pay the samesame in cash, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 1 contract
Sources: Term Loan, Guarantee and Security Agreement (Volta Inc.)
The Guarantee. The Guarantors Each Guarantor hereby jointly and severally guarantee guarantees to each of Lender and the Secured Parties Administrative Agent and their respective successors and assigns the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of all the principal of and interest on the Loans made by the Lenders to each of the Obligations Borrowers (other than, with respect than such Guarantor in its capacity as a Borrower hereunder) and all other amounts from time to any Guarantor, any Excluded Swap Obligations of time owing to the Lenders or the Administrative Agent by such Guarantor) hereunder and the other Loan Documents, including all obligations of the Borrower and its Subsidiaries arising Borrowers under any Secured Hedging Agreementsthis Agreement, in each case strictly in accordance with the terms thereof and including all interest and expenses accrued or incurred subsequent to the commencement of any bankruptcy or insolvency proceeding with respect to the Borrower or any other Obligor, whether or not such interest or expenses are allowed as a claim in such proceeding (such obligations being herein collectively called the “Guaranteed Obligations”"GUARANTEED OBLIGATIONS"). The Guarantors Each Guarantor hereby further jointly and severally agree agrees that if the any Borrower (other than such Guarantor in its capacity as a Borrower hereunder) shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors such Guarantor will promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 1 contract
The Guarantee. The Guarantors Each Guarantor hereby jointly and severally guarantee guarantees to each of Lender, the Secured Parties Issuing Lender and the Administrative Agent and their respective successors and assigns the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of the principal of and interest on the Loans made by the Lenders to the Borrower, all of LC Disbursements and all other amounts from time to time owing to the Obligations (other thanLenders, with respect to the Issuing Lender or the Administrative Agent by the Borrower hereunder or under any Guarantor, any Excluded Swap Obligations of such Guarantor) hereunder and the other Loan DocumentsDocument, including and all obligations of the Borrower and its Subsidiaries arising to any Lender under any Secured Hedging AgreementsAgreement or arising from or related to cash management services, in each case strictly in accordance with the terms thereof and including all interest and expenses accrued or incurred subsequent to the commencement of any bankruptcy or insolvency proceeding with respect to the Borrower or any other Obligor, whether or not such interest or expenses are allowed as a claim in such proceeding (such obligations being herein collectively called the “Guaranteed Obligations”). The Guarantors Each Guarantor hereby further jointly and severally agree agrees that if the Borrower shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors each Guarantor will promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 1 contract
The Guarantee. The Guarantors hereby hereby, jointly and severally guarantee severally, guarantee, as primary obligors and not as sureties, to each of the Secured Parties Party and their respective successors and assigns assigns, the prompt payment and performance in full when due (whether at stated maturity, by required prepayment, declaration, demand, by acceleration or otherwise) of all the principal of and interest (including any interest, fees, costs or charges that would accrue but for the provisions of the Obligations (other thanTitle 11 of the United States Code after any bankruptcy or insolvency petition under Title 11 of the United States Code) on the Loans made by the Lenders to, with respect to any Guarantor, any Excluded Swap Obligations of such Guarantor) hereunder and the Notes held by each Lender of, Borrower, and all other Obligations from time to time owing to the Secured Parties by any Loan Documents, including all obligations of the Borrower and its Subsidiaries arising under any Secured Hedging Agreements, Party in each case strictly in accordance with the terms thereof and including all interest and expenses accrued or incurred subsequent to the commencement of any bankruptcy or insolvency proceeding with respect to the Borrower or any other Obligor, whether or not such interest or expenses are allowed as a claim in such proceeding (such obligations being herein collectively called the “Guaranteed Obligations”). The Guarantors hereby further jointly and severally agree that if the Borrower or other Guarantor(s) shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors will promptly pay the samesame in cash, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 1 contract
Sources: Credit and Security Agreement (Five Star Quality Care Inc)
The Guarantee. The Guarantors hereby jointly and severally guarantee guarantee, as a primary obligor and not as a surety to each of Administrative Agent or the Secured Parties Lenders (collectively, the “Creditors”) and their respective successors and assigns assigns, the prompt payment in full when due (whether at stated maturity, by required prepayment, declaration, demand, by acceleration or otherwise) of the principal of and interest (including any interest, fees, costs or charges that would accrue but for the provisions of applicable Debtor Relief Laws) on the Loans made by the Lenders to the Borrower, and all of other Credit Document Obligations from time to time owing to the Obligations (other than, with respect to Creditors by any Guarantor, any Excluded Swap Obligations of such Guarantor) hereunder and the other Loan Documents, including all obligations of the Borrower and its Subsidiaries arising Credit Party under any Secured Hedging AgreementsCredit Document entered into with a counterparty that is a Creditor, in each case strictly in accordance with the terms thereof and including all interest and expenses accrued or incurred subsequent to the commencement of any bankruptcy or insolvency proceeding with respect to the Borrower or any other Obligor, whether or not such interest or expenses are allowed as a claim in such proceeding (such obligations being herein collectively called the “Guaranteed Obligations”). The Guarantors hereby further jointly and severally agree that if the Borrower or other Guarantor(s) shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors will promptly pay the samesame in cash, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 1 contract
The Guarantee. The Subsidiary Guarantors hereby jointly and severally guarantee to each of Lender and the Secured Parties Administrative Agent and their respective successors and assigns the prompt payment in full when due (whether at stated maturity, by acceleration or Credit Agreement ---------------- otherwise) of the principal of and interest on the Loans made by the Lenders to, and the Note held by each Lender of, the Company and all other amounts from time to time owing to the Lenders or the Administrative Agent by the Company under this Agreement and under the Notes and by any Obligor under any of the Obligations (other than, with respect to any Guarantor, any Excluded Swap Obligations of such Guarantor) hereunder and the other Loan Documents, including and all obligations of the Borrower and Company or any of its Subsidiaries arising under to any Secured Lender (or any affiliate of any Lender) in respect of any Hedging AgreementsAgreement, in each case strictly in accordance with the terms thereof and including all interest and expenses accrued or incurred subsequent to the commencement of any bankruptcy or insolvency proceeding with respect to the Borrower or any other Obligor, whether or not such interest or expenses are allowed as a claim in such proceeding (such obligations being herein collectively called the “"Guaranteed Obligations”"). The Subsidiary Guarantors hereby further jointly and severally agree that if the Borrower Company shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Subsidiary Guarantors will promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 1 contract
Sources: Credit Agreement (Excelcom Inc)
The Guarantee. The Guarantors hereby jointly and severally guarantee as a primary obligor and not as a surety to each of the Secured Parties Creditor and their respective successors and assigns the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of all the principal of and interest (including any interest, fees, costs or charges that would accrue but for the provisions of the Obligations (other thanApplicable Insolvency Law after any bankruptcy or insolvency petition under the Applicable Insolvency Law) on the Loans made by the Lenders to, with respect to any Guarantor, any Excluded Swap Obligations of such Guarantor) hereunder and the Notes held by each Lender of, Borrower, and all other Loan Documents, including all obligations of Obligations from time to time owing to the Borrower and its Subsidiaries arising Creditors by any Obligor under any Secured Credit Document or Hedging AgreementsAgreement relating to the Loans, in each case strictly in accordance with the terms thereof and including all interest and expenses accrued or incurred subsequent to the commencement of any bankruptcy or insolvency proceeding with respect to the Borrower or any other Obligor, whether or not such interest or expenses are allowed as a claim in such proceeding (such obligations being herein collectively called the “Guaranteed Obligations”). The Guarantors hereby further jointly and severally agree that if the any Borrower or other Guarantor(s) shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors will promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 1 contract
The Guarantee. The Guarantors Each Person who may from time to time become a Guarantor hereunder, hereby jointly and severally guarantee guarantees to each of Lender and the Secured Parties Agent and their its respective successors and assigns the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of the principal of and interest on the Loans made by the Lenders to the Borrowers, all fees and other amounts from time to time owing from the Borrowers to the Lenders hereunder, and all other Obligations of the Obligations (other than, with respect to any Guarantor, any Excluded Swap Obligations Borrowers and each of such Guarantor) hereunder and their Subsidiaries under the other Loan Documents, including all obligations of the Borrower and its Subsidiaries arising under any Secured Hedging Agreements, in each case strictly in accordance with the terms thereof and including all interest and expenses accrued or incurred subsequent to the commencement of any bankruptcy or insolvency proceeding with respect to the Borrower or any other Obligor, whether or not such interest or expenses are allowed as a claim in such proceeding Facility Documents (such obligations being herein collectively called the “Guaranteed Obligations”"GUARANTEED OBLIGATIONS"). The Guarantors Each Guarantor hereby further jointly and severally agree agrees that if the Borrower Borrowers or any Subsidiary shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors will such Guarantor shall promptly pay the samesame upon demand therefor by the Agent or the Lenders, without any further demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 1 contract
The Guarantee. The Subject to Section 10.09 hereof, the Guarantors hereby jointly and severally guarantee to each of Lender and the Secured Parties Administrative Agent and their respective successors and assigns the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of all the principal of and interest on the Obligations (other thanAdvances made by the Lenders to, with respect to any Guarantor, any Excluded Swap Obligations of such Guarantor) hereunder and the other Loan DocumentsNotes held by each Lender of, including all obligations of the Borrower and its Subsidiaries arising all other amounts from time to time owing to the Lenders or the Administrative Agent by the Borrower under any Secured Hedging Agreements, in each case this Agreement and under the Notes strictly in accordance with the terms thereof and including all interest and expenses accrued or incurred subsequent to the commencement of any bankruptcy or insolvency proceeding with respect to the Borrower or any other Obligor, whether or not such interest or expenses are allowed as a claim in such proceeding (such obligations being herein collectively called the “"Guaranteed Obligations”"). The Subject to Section 10.09, the Guarantors hereby further jointly and severally agree that if the Borrower shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors will promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 1 contract
The Guarantee. The Subsidiary Guarantors hereby jointly and severally guarantee to each the Administrative Agent, for the ratable benefit of the Secured Parties Lenders and their respective successors and assigns assigns, the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of the principal of and interest on the Loans, all of the fees and other amounts and Obligations (other than, with respect than inchoate indemnification and reimbursement obligations for which no claim has been made) from time to any Guarantor, any Excluded Swap Obligations of such Guarantor) hereunder time owing to the Administrative Agent and the other Loan Documents, including all obligations of Lenders by the Borrower and its Subsidiaries arising each other Subsidiary Guarantor under this Agreement or under any Secured Hedging Agreementsother Loan Document, in each case strictly in accordance with the terms hereof and thereof and including all interest and expenses accrued or incurred subsequent to the commencement of any bankruptcy or insolvency proceeding with respect to the Borrower or any other Obligor, whether or not such interest or expenses are allowed as a claim in such proceeding (such obligations being herein collectively called the “Guaranteed Obligations”). The Subsidiary Guarantors hereby further jointly and severally agree that if the Borrower or any other Subsidiary Guarantor shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Subsidiary Guarantors will promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 1 contract
Sources: Credit Agreement (Vapotherm Inc)
The Guarantee. The Subject to Section 10.09 hereof, the ------------- Guarantors hereby jointly and severally guarantee to each of Lender and the Secured Parties Administrative Agent and their respective successors and assigns the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of all the principal of and interest on the Obligations (other thanAdvances made by the Lenders to, with respect to any Guarantor, any Excluded Swap Obligations of such Guarantor) hereunder and the other Loan DocumentsNotes held by each Lender of, including all obligations of the Borrower and its Subsidiaries arising all other amounts from time to time owing to the Lenders or the Administrative Agent by the Borrower under any Secured Hedging Agreements, in each case this Agreement and under the Notes strictly in accordance with the terms thereof and including all interest and expenses accrued or incurred subsequent to the commencement of any bankruptcy or insolvency proceeding with respect to the Borrower or any other Obligor, whether or not such interest or expenses are allowed as a claim in such proceeding (such obligations being herein collectively called the “"Guaranteed Obligations”"). The Subject to Section 10.09, the Guarantors hereby ----------------------- further jointly and severally agree that if the Borrower shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors will promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 1 contract
The Guarantee. The Guarantors hereby jointly and severally guarantee as a primary obligor and not as a surety to each of the Secured Parties Creditor and their respective successors and assigns the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of all the principal of and interest (including any interest, fees, costs or charges that would accrue but for the provisions of the Obligations (other thanBankruptcy Code after any bankruptcy or insolvency petition under the Bankruptcy Code) on the Loans made by the Lenders to, with respect to any Guarantor, any Excluded Swap Obligations of such Guarantor) hereunder and the Notes held by each Lender of, Borrower, and all other Loan Documents, including all obligations of the Borrower and its Subsidiaries arising Obligations from time to time owing to each Creditor by any Obligor under any Secured Hedging AgreementsCredit Document or Swap Contract relating to the Loans, in each case strictly in accordance with the terms thereof and including all interest and expenses accrued or incurred subsequent to the commencement of any bankruptcy or insolvency proceeding with respect to the Borrower or any other Obligor, whether or not such interest or expenses are allowed as a claim in such proceeding (such obligations being herein collectively called the “Guaranteed Obligations”"GUARANTEED OBLIGATIONS"). The Guarantors hereby further jointly and severally agree that if the Borrower or other Guarantor(s) shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors will promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 1 contract
The Guarantee. The Guarantors Each Guarantor hereby jointly and severally guarantee guarantees to each of Bank and the Secured Parties Administrative Agent and their respective successors and assigns the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of all the principal of and interest on the Loans made by the Banks to each of the Obligations Borrowers (other than, with respect than such Guarantor in its capacity as a Borrower hereunder) and all other amounts from time to any Guarantor, any Excluded Swap Obligations of time owing to the Banks or the Administrative Agent by such Guarantor) hereunder and the other Loan Documents, including all obligations of the Borrower and its Subsidiaries arising Borrowers under any Secured Hedging Agreementsthis Agreement, in AMENDED AND RESTATED CREDIT AGREEMENT each case strictly in accordance with the terms thereof and including all interest and expenses accrued or incurred subsequent to the commencement of any bankruptcy or insolvency proceeding with respect to the Borrower or any other Obligor, whether or not such interest or expenses are allowed as a claim in such proceeding (such obligations being herein collectively called the “Guaranteed Obligations”"GUARANTEED OBLIGATIONS"). The Guarantors Each Guarantor hereby further jointly and severally agree agrees that if the any Borrower (other than such Guarantor in its capacity as a Borrower hereunder) shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors such Guarantor will promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 1 contract
Sources: Credit Agreement (Xl Capital LTD)
The Guarantee. The Guarantors hereby jointly and severally guarantee as a primary obligor and not as a surety to each of the Secured Parties and their respective successors and assigns Party the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of all the principal of and interest (including any interest, fees, costs or charges that would accrue but for the provisions of the Bankruptcy Laws after any bankruptcy or insolvency petition under the Bankruptcy Laws) on the Notes held by the Holders of, the Company, and all other Obligations (from time to time owing to the Holders by the Company, under this Agreement and under the Notes and by any Obligor under any of the other thanTransaction Documents, with respect to any Guarantor, any Excluded Swap and all Obligations of such Guarantor) hereunder and the other Loan Documents, including all obligations of Obligors to the Borrower and its Subsidiaries arising under any Secured Hedging AgreementsParty, in each case strictly in accordance with the terms thereof and including all interest and expenses accrued or incurred subsequent to the commencement of any bankruptcy or insolvency proceeding with respect to the Borrower or any other Obligor, whether or not such interest or expenses are allowed as a claim in such proceeding (such obligations being herein collectively called the “Guaranteed Obligations”). The Guarantors hereby further jointly and severally agree that if the Borrower Company shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors will promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 1 contract
The Guarantee. The Guarantors Parent Guarantor hereby jointly and severally guarantee guarantees to each of Lender and the Secured Parties Administrative Agent and their respective successors and assigns the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of the principal of and interest on the Advances made by the Lenders to, and the Notes held by each Lender of, the Borrower and all of other amounts from time to time owing to the Obligations (other thanLenders or the Administrative Agent by the Borrower hereunder, with respect to any Guarantor, any Excluded Swap Obligations of such Guarantor) hereunder and under the Notes or under the other Loan Documents, including all obligations of the Borrower Documents and its Subsidiaries arising under any Secured Hedging Agreementsinterest thereon, in each case strictly in accordance with the terms thereof and including all interest and expenses accrued or incurred subsequent to the commencement of any bankruptcy or insolvency proceeding with respect to the Borrower or any other Obligor, whether or not such interest or expenses are allowed as a claim in such proceeding (such obligations being herein collectively called the “Guaranteed Obligations”"GUARANTEED OBLIGATIONS"). The Guarantors Parent Guarantor hereby further jointly and severally agree agrees that if the Borrower shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors Parent Guarantor will promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 1 contract
The Guarantee. The Guarantors Each Guarantor hereby jointly and severally guarantee severally, and absolutely and unconditionally, guarantees to each of the Secured Parties Lender and their its respective successors and assigns the prompt payment in full when due (whether at stated maturity, by acceleration or otherwiseotherwise and at all times thereafter) of all of the Obligations (other than, with respect to any Guarantor, any Excluded Swap Obligations of such Guarantor) hereunder and the other Loan Documents, including all obligations of the Borrower and its Subsidiaries arising under any Secured Hedging Agreements, in each case strictly in accordance with the terms thereof and including all interest and expenses accrued or incurred subsequent to the commencement of any bankruptcy or insolvency proceeding with respect to the Borrower or any other Obligor, whether or not such interest or expenses are allowed as a claim in such proceeding (such obligations being herein collectively called the “Guaranteed Obligations”). The Guarantors Each Guarantor hereby further jointly and severally agree agrees that if the Borrower shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors such Guarantor will promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal. “Guaranteed Obligations” shall mean, collectively, (a) the Obligations, (b) all Hedging Obligations permitted under the Credit Agreement owing to the Lender or any of its Affiliates, and (c) all Cash Management Obligations permitted under the Credit Agreement owing to the Lender or any of its Affiliates, provided that “Guaranteed Obligations” shall not, as to any Guarantor, include any Excluded Swap Obligations of such Guarantor.
Appears in 1 contract
Sources: Credit Agreement (Box Inc)
The Guarantee. The Guarantors hereby jointly and severally guarantee to the Administrative Agent and each of the Secured Parties Lender, and their respective its successors and assigns assigns, the prompt payment #98195096v26 in full when due (whether at stated maturity, by acceleration or otherwise) of the principal of and interest on the Term Loans, all fees and other amounts and Obligations from time to time owing to the Administrative Agent and any Lender by Borrower under this Agreement or under any other Loan Document and by any other Obligor under any of the Obligations (other than, with respect to any Guarantor, any Excluded Swap Obligations of such Guarantor) hereunder and the other Loan Documents, including all obligations of the Borrower and its Subsidiaries arising under any Secured Hedging Agreements, in each case strictly in accordance with the terms thereof and including all interest and expenses accrued or incurred subsequent to the commencement of any bankruptcy or insolvency proceeding with respect to the Borrower or any other Obligor, whether or not such interest or expenses are allowed as a claim in such proceeding (such obligations being herein collectively called the “Guaranteed Obligations”). The Guarantors hereby further jointly and severally agree that if the Borrower shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors will promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 1 contract
The Guarantee. The Guarantors Guarantor hereby jointly absolutely (subject to the next sentence of this Section 2.01), unconditionally and severally guarantee irrevocably guarantees, as primary obligor and not as surety merely, to each the Administrative Agent for the benefit of the Secured Guaranteed Parties and their respective successors and assigns the prompt payment in full when due of (whether at stated maturity, by acceleration or otherwisei) Inkia’s Maximum Contingent Equity Contribution and (ii) Inkia’s Pro Rata Share of the Support Obligations set forth in Section 2.03(b)(i) of all the Equity Contribution and Retention Agreement and, subject to the prior written consent of the Obligations (other than, with respect to any Guarantor, any Excluded Swap Obligations of such GuarantorSection 2.03(b)(iv) hereunder and the other Loan Documents, including all obligations of the Borrower Equity Contribution and its Subsidiaries arising under any Secured Hedging AgreementsRetention Agreement, in each case strictly in accordance with the terms thereof and including all interest and expenses accrued or incurred subsequent to the commencement extent not otherwise paid or satisfied by the Inkia Pledgor (including, in each case, without limitation by way of any bankruptcy or insolvency proceeding with respect to an Acceptable Letter of Credit provided by the Borrower or any other ObligorInkia Pledgor), whether or not such interest or expenses are allowed as a claim including, in such proceeding each case, Costs and Expenses (such obligations being herein collectively called collectively, the “Guaranteed Obligations”). The Guarantors Guarantor hereby further jointly and severally agree agrees that if the Borrower Inkia Pledgor shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any portion of the Guaranteed Obligations, the Guarantors Guarantor will promptly pay such Guaranteed Obligation within five (5) Business Days of receipt of written demand for payment thereof by the sameAdministrative Agent to the Guarantor, without any other demand or notice whatsoever. This is a continuing guaranty and is a guaranty of payment and not merely of collection, and that in the case of any extension of time of payment or renewal of any of the shall apply to all Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewalObligations whenever arising.
Appears in 1 contract
The Guarantee. The initial Guarantors as of the Effective Date, and each other Person who may from time to time become a Guarantor hereunder, hereby jointly and severally guarantee guarantees to each of Lender and the Secured Parties Agent and their its respective successors and assigns the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of the principal of and interest on the Loans made by the Lenders to the Borrowers, all fees and other amounts from time to time owing from the Borrowers to the Lenders hereunder, and all other Obligations of the Obligations (other than, with respect to any Guarantor, any Excluded Swap Obligations Borrowers and each of such Guarantor) hereunder and their Subsidiaries under the other Loan Documents, including all obligations of the Borrower and its Subsidiaries arising under any Secured Hedging Agreements, in each case strictly in accordance with the terms thereof and including all interest and expenses accrued or incurred subsequent to the commencement of any bankruptcy or insolvency proceeding with respect to the Borrower or any other Obligor, whether or not such interest or expenses are allowed as a claim in such proceeding Facility Documents (such obligations being herein collectively called the “"Guaranteed Obligations”"). The Guarantors Each Guarantor hereby further jointly and severally agree agrees that if the Borrower Borrowers or any Subsidiary shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors will such Guarantor shall promptly pay the samesame upon demand therefor by the Agent or the Lenders, without any further demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 1 contract
The Guarantee. The Guarantors hereby jointly and severally guarantee to each of the Secured Parties Lender and each Agent and their respective successors and assigns the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of the principal of and interest on the Loans made by the Lenders to, and the Notes held by each Lender of, the Company and all other amounts from time to time owing to the Lenders or the Administrative Agent by the Company under this Agreement and under the Notes and by any Obligor under any of the Obligations (other than, with respect to any Guarantor, any Excluded Swap Obligations of such Guarantor) hereunder and the other Loan Basic Documents, including all obligations of the Borrower and its Subsidiaries arising under any Secured Hedging Agreements, in each case strictly in accordance with the terms thereof and including all interest and expenses accrued or incurred subsequent to the commencement of any bankruptcy or insolvency proceeding with respect to the Borrower or any other Obligor, whether or not such interest or expenses are allowed as a claim in such proceeding (such obligations being herein collectively called the “"Guaranteed Obligations”"). The Guarantors hereby further jointly and severally agree that if the Borrower Company shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors will promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 1 contract
The Guarantee. The Guarantors Guarantor hereby jointly and severally guarantee guarantees to each of Lender and the Secured Parties Agents and their respective successors and assigns (a) the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of the principal of and interest on the Loans made by the Lenders to the Company and all of other amounts from time to time owing to the Obligations (other than, with respect to any Guarantor, any Excluded Swap Obligations of such Guarantor) hereunder Lenders or the Agents by the Company under this Agreement and the other Loan Documents, including Operative Documents and (b) all obligations of the Borrower Company to any Lender (or any affiliate of any Lender) and its Subsidiaries arising under any Secured Hedging Agreements, in each case strictly in accordance with the terms thereof and including all interest and expenses accrued or incurred subsequent to the commencement of any bankruptcy or insolvency proceeding with respect to Agents under the Borrower or any other Obligor, whether or not such interest or expenses are allowed as a claim in such proceeding Operative Documents (such obligations being herein collectively called the “Guaranteed Obligations”). The Guarantors Guarantor hereby further jointly and severally agree agrees that if the Borrower Company shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors Guarantor will promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal. For purposes hereof, it is understood that any Guaranteed Obligations to any Person arising under an agreement entered into at a time such Person (or an affiliate thereof) is party hereto as a Lender shall continue to constitute Guaranteed Obligations, notwithstanding that such Person (or its affiliate) has ceased to be a Lender party hereto (by assigning all of its Commitments, Loans, and other interests herein) at the time a claim is to be made in respect of such Guaranteed Obligations.
Appears in 1 contract
Sources: Term Loan Agreement (Sun Country Airlines Holdings, Inc.)
The Guarantee. The Guarantors Guarantor hereby jointly and severally guarantee guarantees to each of Series A Lender and the Secured Parties Administrative Agent and their respective successors and assigns the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of all the principal of and interest on the Obligations (other thanSeries A Loans made by the Series A Lenders to, with respect to any Guarantor, any Excluded Swap Obligations of such Guarantor) hereunder and the Series A Note(s) held by each Series A Lender of, the Company and all other Loan Documents, including amounts from time to time owing to the Series A Lenders or the Administrative Agent by the Company under the Credit Agreement and under the Basic Documents and all obligations of the Borrower Reimbursement Obligations and its Subsidiaries arising under any Secured Hedging Agreementsinterest thereon, in each case strictly in accordance with the terms thereof and including all interest and expenses accrued or incurred subsequent to the commencement of any bankruptcy or insolvency proceeding with respect to the Borrower or any other Obligor, whether or not such interest or expenses are allowed as a claim in such proceeding (such obligations being herein collectively called the “"Guaranteed Obligations”"). The Guarantors Guarantor hereby further jointly and severally agree agrees that if the Borrower Company shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors Guarantor will promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 1 contract
Sources: Credit Agreement (Be Aerospace Inc)
The Guarantee. The Guarantors Each Guarantor hereby jointly and severally guarantee guarantees, as a primary obligor and not as a surety, to each of the Secured Parties Party and their respective successors and assigns assigns, the prompt payment in full when due (whether at stated maturity, by required prepayment, declaration, demand, by acceleration or otherwise) of all (1) the principal of and interest (including any interest, fees, costs or charges that would accrue but for the provisions of the Obligations (other than, with respect to any Guarantor, any Excluded Swap Obligations of such Guarantor) hereunder and the other Loan Documents, including all obligations of the Borrower and its Subsidiaries arising under any Secured Hedging Agreements, in each case strictly in accordance with the terms thereof and including all interest and expenses accrued or incurred subsequent to the commencement of Bankruptcy Code after any bankruptcy or insolvency proceeding petition under the Bankruptcy Code or any similar law of any other jurisdiction) on (i) the Loans made by the Lenders, (ii) the Incremental Loans made by the Incremental Lenders (iii) the Other Loans made by the applicable Lenders and (iv) the Notes held by each Lender and (2) all other Obligations from time to time owing to the Secured Parties (such obligations being herein called the “Guaranteed Obligations”); provided that subject to the limitations set forth in Section 10.7, with respect to the Borrower or any other Obligor, whether or not such interest or expenses are allowed Co-Borrower in its capacity as a claim in such proceeding (such obligations being herein collectively called the “Guarantor hereunder, this Guarantee shall apply to all Guaranteed Obligations”). The Guarantors Each Guarantor hereby further jointly and severally agree that agrees that, if the Borrower Guaranteed Obligations shall fail to pay not be paid in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations), the Guarantors such Guarantor will promptly pay the samesame in cash, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 1 contract
Sources: Second Lien Credit and Guaranty Agreement (Informatica Inc.)
The Guarantee. The Guarantors hereby jointly and severally guarantee as a primary obligor and not as a surety to each of the Secured Parties Party and their respective successors and assigns the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of all the principal of and interest (including any interest, fees, costs or charges that would accrue but for the provisions of the Obligations (other thanTitle 11 of the United States Code after any bankruptcy or insolvency petition under Title 11 of the United States Code) on the Loans made by the Lenders to, with respect to any Guarantor, any Excluded Swap Obligations of such Guarantor) hereunder and the Notes held by each Lender of, Borrower, and all other Obligations from time to time owing to the Secured Parties by any Loan Documents, including all obligations of the Borrower and its Subsidiaries arising Party under any Secured Hedging AgreementsLoan Document, in each case strictly in accordance with the terms thereof and including all interest and expenses accrued or incurred subsequent to the commencement of any bankruptcy or insolvency proceeding with respect to the Borrower or any other Obligor, whether or not such interest or expenses are allowed as a claim in such proceeding (such obligations being herein collectively called the “Guaranteed Obligations”). The Guarantors hereby further jointly and severally agree that if the Borrower or other Guarantor(s) shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors will promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 1 contract
The Guarantee. The Guarantors hereby hereby, jointly and severally guarantee severally, guarantee, as primary obligors and not as sureties, to each of the Secured Parties Party and their respective successors and assigns permitted assigns, the prompt payment in full when due (whether at stated maturity, by required prepayment, declaration, demand, by acceleration or otherwise) of all the principal of and interest (including any interest, fees, costs or charges that would accrue but for the provisions of the Obligations (other thanBankruptcy Code after any bankruptcy or insolvency petition under the Bankruptcy Code) on the Term Loans made by the Lenders to, with respect to any Guarantor, any Excluded Swap Obligations of such Guarantor) hereunder and the Notes held by each Lender of, Borrower, and all other Obligations from time to time owing to the Secured Parties by any Loan Documents, including all obligations of the Borrower and its Subsidiaries arising under any Secured Hedging Agreements, Party in each case strictly in accordance with the terms thereof and including all interest and expenses accrued or incurred subsequent to the commencement of any bankruptcy or insolvency proceeding with respect to the Borrower or any other Obligor, whether or not such interest or expenses are allowed as a claim in such proceeding (such obligations being herein collectively called the “Guaranteed Obligations”). The Guarantors hereby further jointly and severally agree that if the Borrower or other Guarantor(s) shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors will promptly pay the samesame in cash, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 1 contract
Sources: Second Lien Term Loan Agreement (Stanadyne Holdings, Inc.)
The Guarantee. The Subsidiary Guarantors hereby jointly and severally guarantee to each of the Secured Parties Lender and their its respective successors and assigns the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of the principal of and interest on the Loan made by Lender to, and the Note held by Lender of, Borrower and all other amounts from time to time owing to Lender by Borrower or any other Obligor under this Agreement, the Note and any of the Obligations (other than, with respect to any Guarantor, any Excluded Swap Obligations of such Guarantor) hereunder and the other Loan Documents, including all obligations of the Borrower and its Subsidiaries arising under any Secured Hedging Agreements, in each case strictly in accordance with the terms hereof or thereof and including all interest and expenses accrued or incurred subsequent to the commencement of any bankruptcy or insolvency proceeding with respect to the Borrower or any other Obligor, whether or not such interest or expenses are allowed as a claim in such proceeding (such obligations being herein collectively called the “"Guaranteed Obligations”"). The Subsidiary Guarantors hereby further jointly and severally agree that if the Borrower shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Subsidiary Guarantors will promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 1 contract
The Guarantee. The Guarantors and each of the Borrowers hereby jointly and severally guarantee as a primary obligor and not as a surety to each of the Secured Parties Party and their respective successors and assigns the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of all the principal of and interest (including any interest, fees, costs or charges that would accrue but for the provisions of Title 11 of the Obligations (other thanUnited States Code after any bankruptcy or insolvency petition under Title 11 of the United States Code) on the Loans made by the Lenders to, with respect to any Guarantor, any Excluded Swap Obligations of such Guarantor) hereunder and the Notes held by each Lender of, the Borrowers, and all other Obligations from time to time owing to the Secured Parties by any Loan Documents, including all obligations of the Borrower and its Subsidiaries arising Party under any Secured Hedging AgreementsLoan Document or Interest Rate Protection Agreement relating to the Loans, in each case strictly in accordance with the terms thereof and including all interest and expenses accrued or incurred subsequent to the commencement of any bankruptcy or insolvency proceeding with respect to the Borrower or any other Obligor, whether or not such interest or expenses are allowed as a claim in such proceeding (such obligations being herein collectively called the “Guaranteed Obligations”). The Guarantors and each Borrower hereby further jointly and severally agree that if the any Borrower or other Guarantor shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors and Borrowers will promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 1 contract
Sources: Credit Agreement (Massey Energy Co)
The Guarantee. The Guarantors hereby hereby, jointly and severally guarantee guarantee, as a primary obligor and not as a surety to each of the Secured Parties Party and their respective successors and assigns assigns, the prompt payment in full when due (whether at stated maturity, by required prepayment, declaration, demand, by acceleration or otherwise) of all the principal of and interest (including any interest, fees, costs or charges that would accrue but for the provisions of the Obligations (other than, with respect to any Guarantor, any Excluded Swap Obligations of such Guarantor) hereunder and the other Loan Documents, including all obligations Title 11 of the Borrower United States Code after any bankruptcy or insolvency petition under Title 11 of the United States Code) on the Loans made by the Lenders to the Borrower, and its Subsidiaries arising all other Obligations from time to time owing to the Secured Parties by any Debtor under any Secured Hedging Agreements, Loan Document in each case strictly in accordance with the terms thereof and including all interest and expenses accrued or incurred subsequent to the commencement of any bankruptcy or insolvency proceeding with respect to the Borrower or any other Obligor, whether or not such interest or expenses are allowed as a claim in such proceeding (such obligations being herein collectively called the “Guaranteed Obligations”). The Guarantors hereby further hereby, jointly and severally severally, agree that if the Borrower or other Guarantors shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors will promptly pay the samesame in cash, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 1 contract
The Guarantee. The Guarantors hereby jointly and severally guarantee as a primary obligor and not as a surety to each of the Secured Parties Creditor and their respective successors and assigns the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of all the principal of and interest (including any interest, fees, costs or charges that would accrue but for the provisions of the Obligations (other thanApplicable Insolvency Law after any bankruptcy or insolvency petition under the Applicable Insolvency Law) on the Loans made by the Lenders to, with respect to any Guarantor, any Excluded Swap Obligations of such Guarantor) hereunder and the Notes held by each Lender of, Borrower, and all other Loan Documents, including all obligations of Obligations from time to time owing to the Borrower and its Subsidiaries arising Creditors by any Obligor under any Secured Credit Document or Hedging AgreementsAgreement relating to the Loans, in each case strictly in accordance with the terms thereof and including all interest and expenses accrued or incurred subsequent to the commencement of any bankruptcy or insolvency proceeding with respect to the Borrower or any other Obligor, whether or not such interest or expenses are allowed as a claim in such proceeding (such obligations being herein collectively called the “''Guaranteed Obligations”''). The Guarantors hereby further jointly and severally agree that if the any Borrower or other Guarantor(s) shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors will promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 1 contract
Sources: Credit Agreement (Bombardier Recreational Products Inc.)
The Guarantee. The Guarantors hereby jointly and severally guarantee guarantee, as a primary obligor and not as a surety to each of the Secured Parties Lender and their respective successors and assigns assigns, the prompt payment in full when due (whether at stated maturity, by required prepayment, declaration, demand, by acceleration or otherwise) of all the principal of and interest (including any interest, fees, costs or charges that would accrue but for the provisions of the Obligations (other thanTitle 11 of the United States Code after any bankruptcy or insolvency petition under Title 11 of the United States Code) on the Loans made by the Lenders to, with respect to any Guarantor, any Excluded Swap Obligations of such Guarantor) hereunder and the promissory notes held by each Lender of, Borrower, and all other Obligations from time to time owing to the Lenders by any Loan Documents, including all obligations of the Borrower and its Subsidiaries arising Party under any Secured Hedging AgreementsLoan Document, in each case strictly in accordance with the terms thereof and including all interest and expenses accrued or incurred subsequent to the commencement of any bankruptcy or insolvency proceeding with respect to the Borrower or any other Obligor, whether or not such interest or expenses are allowed as a claim in such proceeding (such obligations being herein collectively called the “Guaranteed Obligations”). The Guarantors hereby further jointly and severally agree that if the Borrower or other Guarantor(s) shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors will promptly pay the samesame in cash, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 1 contract
Sources: Credit Agreement (Geokinetics Inc)
The Guarantee. The Guarantors hereby jointly and severally guarantee guarantee, as primary obligors and not as sureties, to each of the Secured Parties Party and their respective its successors and assigns assigns, the prompt payment in full when due (whether at stated maturity, by required prepayment, declaration, demand, by acceleration or otherwise) of all the principal of and interest (including any interest, fees, costs or charges that would accrue but for the provisions of Title 11 of the Obligations (other thanUnited States Code after any bankruptcy or insolvency petition under Title 11 of the United States Code) on the Loans made by the Lenders to, with respect to any Guarantor, any Excluded Swap Obligations of such Guarantor) hereunder and the Notes held by each Lender of, Borrower, and all other Obligations from time to time owing to the Secured Parties by any Loan Documents, including all obligations of the Borrower and its Subsidiaries arising Party under any Secured Hedging Agreements, Loan Document in each case strictly in accordance with the terms thereof and including all interest and expenses accrued or incurred subsequent to the commencement of any bankruptcy or insolvency proceeding with respect to the Borrower or any other Obligor, whether or not such interest or expenses are allowed as a claim in such proceeding (such obligations being herein collectively called the “Guaranteed Obligations”). The Guarantors hereby further jointly and severally agree that if the Borrower or other Guarantor(s) shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors will promptly pay the samesame in cash, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 1 contract
The Guarantee. The Guarantors Subsidiary Guarantor, and each other Person who may from time to time become a Guarantor hereunder, hereby jointly and severally guarantee guarantees to each of Lender and the Secured Parties Agent and their its respective successors and assigns the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of the principal of and interest on the Loans made by the Lenders to the Borrowers, all fees and other amounts from time to time owing from the Borrowers to the Lenders hereunder, and all other Obligations of the Obligations (other than, with respect to any Guarantor, any Excluded Swap Obligations Borrowers and each of such Guarantor) hereunder and their Subsidiaries under the other Loan Documents, including all obligations of the Borrower and its Subsidiaries arising under any Secured Hedging Agreements, in each case strictly in accordance with the terms thereof and including all interest and expenses accrued or incurred subsequent to the commencement of any bankruptcy or insolvency proceeding with respect to the Borrower or any other Obligor, whether or not such interest or expenses are allowed as a claim in such proceeding Facility Documents (such obligations being herein collectively called the “"Guaranteed Obligations”"). The Guarantors Subsidiary Guarantor and each other Guarantor hereby further jointly and severally agree agrees that if the Borrower Borrowers or any Subsidiary shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors will Subsidiary Guarantor and each such other Guarantor shall promptly pay the samesame upon demand therefor by the Agent or the Lenders, without any further demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 1 contract
The Guarantee. The Guarantors hereby hereby, jointly and severally guarantee severally, guarantee, as primary obligors and not merely as sureties to each of the Secured Parties Party and their respective successors and assigns assigns, the prompt payment and performance in full when due (whether at stated maturity, by required prepayment, declaration, demand, by acceleration or otherwise) of all the principal of and interest (including any interest, Fees, fees, costs or charges that would accrue but for the provisions of the Obligations (other than, with respect to any Guarantor, any Excluded Swap Obligations of such Guarantor) hereunder and the other Loan Documents, including all obligations Title 11 of the Borrower and its Subsidiaries arising under any Secured Hedging Agreements, in each case strictly in accordance with the terms thereof and including all interest and expenses accrued or incurred subsequent to the commencement of United States Code after any bankruptcy or insolvency proceeding with respect petition under Title 11 of the United States Code) on the Loans made by the Lenders to, and the Notes held by each Lender of, Borrower and all other Secured Obligations from time to time owing to the Secured Parties by Borrower or any other Obligor, whether or not such interest or expenses are allowed as a claim in such proceeding (such obligations being herein collectively called the “Guaranteed Obligations”). The Guarantors hereby further jointly and severally agree that if the Borrower or any other Guarantor(s) shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors will promptly pay the samesame in cash, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 1 contract
The Guarantee. The Guarantors hereby jointly and severally guarantee to each of Lender and the Secured Parties Administrative Agent and their respective successors and assigns the prompt payment in full when due upon the expiration of any applicable remedial period (whether at stated maturity, by acceleration or otherwise) of all the Obligations, whether direct or indirect, absolute or contingent, now or hereafter from time to time owing to the Lenders or the Administrative Agent by the Borrower or any other Obligor under this Agreement or any of the Obligations (other than, with respect to any Guarantor, any Excluded Swap Obligations of such Guarantor) hereunder and the other Loan Documents, including all obligations of the Borrower and its Subsidiaries arising under any Secured Hedging Agreements, in each case strictly in accordance with the terms hereof and thereof and including all interest and expenses accrued or monetary obligations incurred subsequent to during the commencement pendency of any bankruptcy bankruptcy, insolvency, receivership or insolvency other similar proceeding with respect to of the Borrower Borrower, regardless of whether allowed or any other Obligor, whether or not such interest or expenses are allowed as a claim allowable in such proceeding (such obligations being herein collectively called the “Guaranteed Obligations”). The Guarantors hereby further jointly and severally agree that if the Borrower shall fail to pay in full when due upon the expiration of any applicable remedial period (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors will promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 1 contract
The Guarantee. The Subsidiary Guarantors hereby jointly and severally guarantee to each of the Secured Parties Lenders and their respective successors and assigns the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of the principal of and interest on the Loans and all fees and other amounts from time to time owing to the Lenders by Borrower under this Agreement or under any other Loan Document and by any other Obligor under any of the Obligations (other than, Loan [***] Certain information in this document has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to any Guarantor, any Excluded Swap Obligations of such Guarantor) hereunder and the other Loan omitted portions. Documents, including all obligations of the Borrower and its Subsidiaries arising under any Secured Hedging Agreements, in each case strictly in accordance with the terms thereof and including all interest and expenses accrued or incurred subsequent to the commencement of any bankruptcy or insolvency proceeding with respect to the Borrower or any other Obligor, whether or not such interest or expenses are allowed as a claim in such proceeding (such obligations being herein collectively called the “Guaranteed Obligations”). The Subsidiary Guarantors hereby further jointly and severally agree that if the Borrower shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Subsidiary Guarantors will promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 1 contract
Sources: Term Loan Agreement
The Guarantee. The Subsidiary Guarantors hereby jointly and severally guarantee to each of Lender and the Secured Parties Administrative Agent and their respective successors and assigns the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of all the following obligations (such obligations being herein collectively called the "Guaranteed Obligations"):
(a) the principal of and interest on the Obligations (other thanRevolving Credit Loans made by the Lenders to, with respect to any Guarantor, any Excluded Swap Obligations of such Guarantor) hereunder and the other Revolving Credit Notes and Reimbursement Obligations held by each Lender of, the Borrower; and
(b) subject to the limitation set forth in Section 6.10, the principal of and interest on the Facility A and Facility B Term Loans made by the Lenders to, and the Facility A and Facility B Term Loan DocumentsNotes of, including all obligations of the Borrower and its Subsidiaries arising under any Secured Hedging AgreementsBorrower, Credit Agreement in each case strictly in accordance with the terms thereof and including all interest and expenses accrued or incurred subsequent to the commencement of any bankruptcy or insolvency proceeding with respect to the Borrower or any other Obligor, whether or not such interest or expenses are allowed as a claim in such proceeding (such obligations being herein collectively called the “Guaranteed Obligations”)thereof. The Subsidiary Guarantors hereby further jointly and severally agree that that, subject to the limitation set forth in Section 6.10, if the Borrower shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Subsidiary Guarantors will promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 1 contract
Sources: Credit Agreement (Premier Parks Inc)
The Guarantee. The Guarantors hereby jointly and severally guarantee guarantee, as primary obligors and not as a surety, to each of the Secured Parties Lender and their respective successors and assigns assigns, the prompt payment in full when due (whether at stated maturity, by required prepayment, declaration, demand, by acceleration or otherwise) of all the principal of and interest (including any interest, fees, costs or charges that would accrue but for the provisions of the Title 11 of the United States Code after any bankruptcy or insolvency petition under Title 11 of the United States Code) on the Loans made by the Lenders to, and any Notes held by each Lender of, the Borrower, and all other Obligations (other than, with respect from time to time owing to any Guarantor, Lender by any Excluded Swap Obligations of such Guarantor) hereunder and the other Loan Documents, including all obligations of the Borrower and its Subsidiaries arising Credit Party under any Secured Hedging Agreements, Loan Document in each case strictly in accordance with the terms thereof and including all interest and expenses accrued or incurred subsequent to the commencement of any bankruptcy or insolvency proceeding with respect to the Borrower or any other Obligor, whether or not such interest or expenses are allowed as a claim in such proceeding (such obligations being herein collectively called the “Guaranteed Obligations”). The Guarantors hereby further hereby, jointly and severally severally, agree that if the Borrower or other Guarantors shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors will promptly pay the samesame in cash, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.
Appears in 1 contract
Sources: Credit Agreement (Sg Blocks, Inc.)