Common use of Unconditional Guarantee Clause in Contracts

Unconditional Guarantee. Each Guarantor hereby unconditionally, jointly and severally, guarantees of a senior unsecured basis (such guarantee to be referred to herein as a "Note Guarantee") to each Holder of a Note authenticated and delivered by the Trustee and to the Trustee and its successors and assigns that: (i) the principal of, premium, if any, and interest on the Notes will be promptly paid in full when due, subject to any applicable grace period, whether at maturity, by acceleration or otherwise and interest on the overdue principal and interest on any overdue interest, to the extent lawful, of the Notes and all other Obligations of the Company to the Holders of the Notes or the Trustee hereunder or thereunder will be promptly paid in full or performed, all in accordance with the terms hereof and thereof; and (ii) in case of any extension of time of payment or renewal of any Notes or of any such other Obligations, the same will be promptly paid in full when due or performed in accordance with the terms of the extension or renewal, subject to any applicable grace period, whether at stated maturity, by acceleration or otherwise, subject, however, in the case of clauses (i) and (ii) above, to the limitations set forth in Section 10.

Appears in 4 contracts

Sources: Indenture (Hawk Motors Inc), Indenture (Hawk Brake Inc), Indenture (Logan Metal Stampings Inc)

Unconditional Guarantee. Each Guarantor hereby unconditionally, jointly and severally, unconditionally guarantees of a senior unsecured basis (such guarantee to be referred to herein as a "Note Guarantee") ), on a senior subordinated basis jointly and severally, to each Holder of a Note authenticated and delivered by the Trustee and to the Trustee and its successors and assigns assigns, the Notes or the obligations of the Company hereunder or thereunder, that: (i) the principal of, premium, if any, of and interest on the Notes will be promptly paid in full when due, subject to any applicable grace period, whether at maturity, by acceleration or otherwise and interest on the overdue principal principal, if any, and interest on any overdue interest, to the extent lawful, of the Notes and all other Obligations obligations of the Company to the Holders of the Notes or the Trustee hereunder or thereunder will be promptly paid in full or performed, all in accordance with the terms hereof and thereof; and (ii) in case of any extension of time of payment or renewal of any Notes or of any such other Obligationsobligations, the same will be promptly paid in full when due or performed in accordance with the terms of the extension or renewal, subject to any applicable grace period, whether at stated maturity, by acceleration or otherwise, subject, however, in the case of clauses (i) and (ii) above, to the limitations set forth in Section 1011.

Appears in 3 contracts

Sources: Indenture (Dole Food Co Inc), Indenture (Dole Food Co Inc), Indenture (Dole Food Company Inc)

Unconditional Guarantee. Each Guarantor hereby unconditionallyunconditionally guarantees, on a senior subordinated basis jointly and severally, guarantees of a senior unsecured subordinated to Guarantor Senior Debt on the same basis (such guarantee as the Notes are subordinated to be referred to herein as a "Note Guarantee") Senior Debt, to each Holder of a Note authenticated and delivered by the Trustee and to the Trustee and its successors and assigns assigns, the Notes or the obligations of the Issuers hereunder or thereunder, that: (i) the principal of, premium, if any, of and interest on the Notes will be promptly paid in full when due, subject to any applicable grace period, whether at maturity, by acceleration or otherwise and interest on the overdue principal principal, if any, and interest on any overdue interest, to the extent lawful, of the Notes and all other Obligations obligations of the Company Issuers to the Holders of the Notes or the Trustee hereunder or thereunder will be promptly paid in full or performed, all in accordance with the terms hereof and thereof; and (ii) in case of any extension of time of payment or renewal of any Notes or of any such other Obligationsobligations, the same will be promptly paid in full when due or performed in accordance with the terms of the extension or renewal, subject to any applicable grace period, whether at stated maturity, by acceleration or otherwise, subject, however, in the case of clauses (i) and (ii) above, to the limitations set forth in Section 10.Section

Appears in 2 contracts

Sources: Indenture (Morris Publishing Group LLC), Indenture (Morris Publishing Group LLC)

Unconditional Guarantee. Each Guarantor hereby unconditionally, jointly and severally, unconditionally guarantees of a senior unsecured basis (such guarantee to be referred to herein as a "Note Guarantee") ), on a senior unsecured basis jointly and severally, to each Holder of a Note authenticated and delivered by the Trustee and to the Trustee and its successors and assigns assigns, the Notes or the obligations of the Company hereunder or thereunder, that: (i) the principal of, premium, if any, of and interest on the Notes will be promptly paid in full when due, subject to any applicable grace period, whether at maturity, by acceleration or otherwise and interest on the overdue principal principal, if any, and interest on any overdue interest, to the extent lawful, of the Notes and all other Obligations obligations of the Company to the Holders of the Notes or the Trustee hereunder or thereunder will be promptly paid in full or performed, all in accordance with the terms hereof and thereof; and (ii) in case of any extension of time of payment or renewal of any Notes or of any such other Obligationsobligations, the same will be promptly paid in full when due or performed in accordance with the terms of the extension or renewal, subject to any applicable grace period, whether at stated maturity, by acceleration or otherwise, subject, however, in the case of clauses (i) and (ii) above, to the limitations set forth in Section 10.

Appears in 2 contracts

Sources: Indenture (Davis-Standard CORP), Indenture (Town Sports International Inc)

Unconditional Guarantee. (a) Each Guarantor hereby unconditionally, jointly and severally, guarantees of as a senior unsecured basis primary obligor and not as a surety (such guarantee to be referred to herein as a the "Note Guarantee") to each Holder of a Senior Note authenticated and delivered by the Trustee and to the Trustee and its successors and assigns assigns, the Senior Notes (including any Additional Senior Notes) and the obligations of Publishing hereunder, thereunder or under the Collateral Agreements, including that: (i) the principal of, premium, if any, of and interest on the Senior Notes will be promptly paid in full when due, subject to any applicable grace period, whether at maturity, by acceleration or otherwise and interest on the overdue principal principal, if any, and interest on any overdue interest, interest to the extent lawful, of the Senior Notes and all other Obligations obligations of the Company Publishing to the Holders of the Notes or the Trustee hereunder or thereunder (including, without limitation, all redemption obligations under Sections 3.07 and 3.08 and all purchase obligations under Sections 4.17 and 4.18) will be promptly paid in full or performed, performed all in accordance with the terms hereof and thereof; and (ii) in case of any extension of time of payment or renewal of any Senior Notes or of any such other Obligationsobligations, the same will be promptly paid in full when due or performed in accordance with the terms of the extension or renewal, subject to any applicable grace period, whether at stated maturity, by acceleration or otherwise, subject, however, in the case of clauses (i) and (ii) above, to the limitations set forth in Section 1011.

Appears in 1 contract

Sources: Indenture (Golden Books Family Entertainment Inc)

Unconditional Guarantee. Each Guarantor hereby unconditionally, jointly and severally, unconditionally guarantees of a senior unsecured basis (such guarantee to be referred to herein as a "Note Guarantee") ), on a senior basis jointly and severally, to each Holder of a Note authenticated and delivered by the Trustee and to the Trustee and its successors and assigns assigns, the Notes or the obligations of the Company hereunder or thereunder, that: (i) the principal of, premium, if any, of and interest on the Notes will be promptly paid in full when due, subject to any applicable grace period, whether at maturity, by acceleration or otherwise and interest on the overdue principal principal, if any, and interest on any overdue interest, to the extent lawful, of the Notes and all other Obligations obligations of the Company to the Holders of the Notes or the Trustee hereunder or thereunder will be promptly paid in full or performed, all in accordance with the terms hereof and thereof; and (ii) in case of any extension of time of payment or renewal of any Notes or of any such other Obligationsobligations, the same will be promptly paid in full when due or performed in accordance with the terms of the extension or renewal, subject to any applicable grace period, whether at stated maturity, by acceleration or otherwise, subject, however, in the case of clauses (i) and (ii) above, to the limitations set forth in Section 10.

Appears in 1 contract

Sources: Indenture (Ironton Iron Inc)

Unconditional Guarantee. Each Guarantor hereby unconditionally, ----------------------- jointly and severally, guarantees of a senior unsecured basis (such guarantee to be referred to herein as a the "Note Guarantee") ), subject to SECTION 11, to each Holder of a Note authenticated and delivered by the Trustee Lenders and to the Trustee Agent and its their respective successors and assigns that: that (i) the principal of, premium, if any, of and interest on the Notes Loans will be promptly paid in full when due, subject to any applicable grace period, whether at maturity, by acceleration or otherwise and interest on the overdue principal principal, if any, and interest on any overdue interest, to the extent lawful, of the Notes Loans and all other Obligations obligations of the Company Borrower to the Holders of the Notes Lenders or the Trustee Agent hereunder or thereunder will be promptly paid in full or performed, all in accordance with the terms hereof and thereof; and (ii) in case of any extension of time of payment or renewal of any Notes of the Loans or of any such other Obligationsobligations, the same will be promptly paid in full when due or performed in accordance with the terms of the extension or renewal, subject to any applicable grace period, whether at stated maturity, by acceleration or otherwise, subject, however, in the case of clauses (i) and (ii) above, to the limitations set forth in Section SECTION 10.

Appears in 1 contract

Sources: Senior Subordinated Credit Agreement (Petersen Holdings LLC)

Unconditional Guarantee. (a) Each Guarantor hereby unconditionally, jointly and severally, guarantees of as a senior unsecured basis primary obligor and not as a surety (such guarantee to be referred to herein as a the "Note Guarantee") to each Holder of a Senior Subordinated Note authenticated and delivered by the Trustee and to the Trustee and its successors and assigns assigns, the Senior Subordinated Notes and the obligations of the Company hereunder or thereunder, including that: (i) the principal of, of and premium, if any, and interest on the Senior Subordinated Notes will be promptly paid in full when due, subject to any applicable grace period, whether at maturity, by acceleration or otherwise and interest on the overdue principal principal, if any, and interest on any overdue interest, interest to the extent lawful, of the Senior Subordinated Notes and all other Obligations obligations of the Company to the Holders of the Notes or the Trustee hereunder or thereunder (including, without limitation, all redemption obligations under Section 3.07 and all purchase obligations under Section 4.18) will be promptly paid in full or performed, performed all in accordance with the terms hereof and thereof; and (ii) in case of any extension of time of payment or renewal of any Senior Subordinated Notes or of any such other Obligationsobligations, the same will be promptly paid in full when due or performed in accordance with the terms of the extension or renewal, subject to any applicable grace period, whether at stated maturity, by acceleration or otherwise, subject, however, in the case of clauses (i) and (ii) above, to the limitations set forth in Section 1012.

Appears in 1 contract

Sources: Indenture (Trism Inc /De/)

Unconditional Guarantee. Each Guarantor hereby unconditionally, jointly and severally, guarantees of a senior unsecured basis (such guarantee to be referred to herein as a "Note Guarantee") to each Holder of a Note authenticated and delivered by the Trustee and to the Trustee and its successors and assigns that: (i) the principal of, premium, if any, and interest on the Notes will be promptly paid in full when due, subject to any applicable grace period, whether at maturity, by acceleration or otherwise and interest on the overdue principal and interest on any overdue interest, to the extent lawful, of the Notes and all other Obligations of the Company to the Holders of the Notes or the Trustee hereunder or thereunder will be promptly paid in full or performed, all in accordance with the terms hereof and thereof; and (ii) in case of any extension of time of payment or renewal of any Notes or of any such other Obligations, the same will be promptly paid in full when due or performed in accordance with the terms of the extension or renewal, subject to any applicable grace period, whether at stated maturity, by acceleration or otherwise, subject, however, in the case of clauses (i) and (ii) above, to the limitations set forth in Section 10.

Appears in 1 contract

Sources: Indenture (Hutchinson Products Corp)

Unconditional Guarantee. Each Subsidiary Guarantor hereby unconditionally, jointly and severally, guarantees of a senior unsecured basis (each such guarantee to be being referred to herein as a this "Note Subsidiary Guarantee," with all such guarantees being referred to herein as the "Subsidiary Guarantees") to each Holder of a Note Securities authenticated and delivered by the Trustee and to the Trustee and its successors and assigns assigns, the full and prompt performance of the Company's obligations under this Indenture and the Securities and that: : (ia) the principal of, of (and premium, if any, on) and interest on the Notes Securities will be promptly paid in full when due, subject to any applicable grace period, whether at maturity, by acceleration acceleration, redemption or otherwise otherwise, and interest on the overdue principal of and interest on any overdue interestthe Securities, if any, to the extent lawful, of the Notes and all other Obligations obligations of the Company to the Holders of the Notes or the Trustee hereunder or thereunder will be promptly paid in full or performed, all in accordance with the terms hereof and thereof; and and (iib) in case of any extension of time of payment or renewal of any Notes Securities or of any such other Obligationsobligations, the same will be promptly paid in full when due or performed in accordance with the terms of the extension or renewal, subject to any applicable grace period, whether at stated maturityStated Maturity, by acceleration or otherwise, subject, however, in the case of clauses (i) and (ii) above, to the limitations set forth in Section 10.;

Appears in 1 contract

Sources: Indenture (KCS Medallion Resources Inc)

Unconditional Guarantee. (a) Each Guarantor hereby unconditionally, jointly and severally, unconditionally guarantees of a senior unsecured basis (such guarantee to be referred to herein as a "Note Guarantee") ), on a senior basis jointly and severally, to each Holder of a Note authenticated and delivered by the Trustee and to the Trustee and its successors and assigns assigns, the Notes or the obligations of the Company hereunder or thereunder, that: (i) the principal of, premium, if any, of and interest on the Notes will be promptly paid in full when due, subject to any applicable grace period, whether at maturity, by acceleration or otherwise and interest on the overdue principal principal, if any, and interest on any overdue interest, to the extent lawful, of the Notes and all other Obligations of the Company to the Holders of the Notes or the Trustee hereunder or thereunder will be promptly paid in full or performed, all in accordance with the terms hereof and thereof; and (ii) in case of any extension of time of payment or renewal of any Notes or of any such other Obligations, the same will be promptly paid in full when due or performed in accordance with the terms of the extension or renewal, subject to any applicable grace period, whether at stated maturity, by acceleration or otherwise, subject, however, in the case of clauses (i) and (ii) above, to the limitations set forth in Section 1011.

Appears in 1 contract

Sources: Indenture (Granite Broadcasting Corp)

Unconditional Guarantee. Each Subsidiary Guarantor hereby unconditionally, jointly and severally, guarantees of a senior unsecured basis (such guarantee to be referred to herein as a the "Note Subsidiary Guarantee") to each Holder of a Note Security authenticated and delivered by the Trustee and to the Trustee and its successors and assigns assigns, the Securities or the Obligations of the Company hereunder or thereunder, that: (i) the principal of, premium, if any, of and interest on the Notes Securities will be promptly paid in full when due, subject to any applicable grace period, whether at maturity, by acceleration or otherwise and interest on the overdue principal principal, if any, and interest on any overdue interest, to the extent lawful, of the Notes Securities and all other Obligations of the Company to the Holders of the Notes or the Trustee hereunder or thereunder will be promptly paid in full or performed, all in accordance with the terms hereof and thereof; and (ii) in case of any extension of time of payment or renewal of any Notes Securities or of any such other Obligationsobligations, the same will be promptly paid in full when due or performed in accordance with the terms of the extension or renewal, subject to any applicable grace period, whether at stated maturity, by acceleration or otherwise, subject, however, in the case of clauses (i) and (ii) above, to the limitations set forth in Section 10.or

Appears in 1 contract

Sources: Indenture (Packaged Ice Inc)

Unconditional Guarantee. Each Guarantor hereby unconditionally, jointly and severally, unconditionally guarantees of a senior unsecured basis (such guarantee to be referred to herein as a "Note Guarantee") ), on a senior basis jointly and severally, to each Holder of a Note authenticated and delivered by the Trustee and to the Trustee and its successors and assigns assigns, the Notes or the obligations of the Company hereunder or thereunder, that: (i) the principal of, premium, if any, of and interest on the Notes will be promptly paid in full when due, subject to any applicable grace period, whether at maturity, by acceleration or otherwise and interest on the overdue principal principal, if any, and interest on any overdue interest, to the extent lawful, of the Notes and all other Obligations obligations of the Company to the Holders of the Notes or the Trustee hereunder or thereunder will be promptly paid in full or performed, all in accordance with the terms hereof and thereof; and (ii) in case of any extension of time of payment or renewal of any Notes or of any such other Obligationsobligations, the same will be promptly paid in full when due or performed in accordance with the terms of the extension or renewal, subject to any applicable grace period, whether at stated maturity, by acceleration or otherwise, subject, however, in the case of clauses (i) and (ii) above, to the limitations set forth in Section 1011.

Appears in 1 contract

Sources: Indenture (Anchor Glass Container Corp /New)

Unconditional Guarantee. Each Guarantor hereby unconditionallySubject to the provisions of this Article Eleven, each Subsidiary Guarantor, if any, hereby, jointly and severally, guarantees of unconditionally and irrevocably guarantees, on a senior unsecured basis (such guarantee to be referred to herein as a "Note Guarantee") to each Holder of a Note authenticated and delivered by the Trustee and to the Trustee and its successors and assigns assigns, irrespective of the validity and enforceability of this Indenture, the Notes or the obligations of the Issuers or any Subsidiary Guarantor to the Holders or the Trustee hereunder or thereunder, that: (ia) the principal of, premium, if any, and interest on the Notes will shall be promptly duly and punctually paid in full when due, subject to any applicable grace period, whether at maturity, upon redemption at the option of Holders pursuant to the provisions of the Notes relating thereto, by acceleration or otherwise otherwise, and interest on the overdue principal and interest on any overdue interest, (to the extent lawfulpermitted by law) interest, of if any, on the Notes and all other Obligations obligations of the Company Issuers or the Subsidiary Guarantors to the Holders of the Notes or the Trustee hereunder or thereunder will (including amounts due the Trustee under Section 7.07 hereof) and all other obligations shall be promptly paid in full or performed, all in accordance with the terms hereof and thereof; and (iib) in case of any extension of time of payment or renewal of any Notes or any of any such other Obligationsobligations, the same will be promptly paid in full when due or performed in accordance with the terms of the extension or renewal, subject to any applicable grace period, whether at stated maturity, by acceleration or otherwise, subject, however, in the case of clauses (i) and (ii) above, to the limitations set forth in Section 10.the

Appears in 1 contract

Sources: Indenture (Canadian Abraxas Petroleum LTD)

Unconditional Guarantee. Each Guarantor hereby unconditionally, jointly and severally, unconditionally guarantees of a senior unsecured basis (such guarantee to be referred to herein as a "Note Guarantee") ), on a senior basis jointly and severally, to each Holder of a Note Security authenticated and delivered by the Trustee and to the Trustee and its successors and assigns assigns, the Securities or the Obligations of the Company hereunder or thereunder, that: (i) the principal of, premium, if any, of and interest on the Notes Securities will be promptly paid in full when due, subject to any applicable grace period, whether at maturity, by acceleration or otherwise and interest on the overdue principal principal, if any, and interest on any overdue interest, to the extent lawful, of the Notes Securities and all other Obligations obligations of the Company to the Holders of the Notes or the Trustee hereunder or thereunder will be promptly paid in full or performed, all in accordance with the terms hereof and thereof; and (ii) in case of any extension of time of payment or renewal of any Notes Securities or of any such other Obligationsobligations, the same will be promptly paid in full when due or performed in accordance with the terms of the extension or renewal, subject to any applicable grace period, whether at stated maturity, by acceleration or otherwise, subject, however, in the case of clauses (i) and (ii) above, to the limitations set forth in Section 1011.

Appears in 1 contract

Sources: Indenture (Fibermark Office Products LLC)

Unconditional Guarantee. Each Guarantor hereby unconditionally, jointly and severally, unconditionally guarantees of a senior unsecured basis (such guarantee to be referred to herein as a "Note Guarantee") ), on a senior basis jointly and severally, to each Holder of a Note Security authenticated and delivered by the Trustee and to the Trustee and its successors and assigns assigns, the Securities or the Obligations of the Company hereunder or thereunder, that: (i) the principal of, premium, if any, of and interest on the Notes Securities will be promptly paid in full when due, subject to any applicable grace period, whether at maturity, by acceleration or otherwise and interest on the overdue principal principal, if any, and interest on any overdue interest, to the extent lawful, of the Notes Securities and all other Obligations of the Company to the Holders of the Notes or the Trustee hereunder or thereunder will be promptly paid in full or performed, all in accordance with the terms hereof and thereof; and (ii) in case of any extension of time of payment or renewal of any Notes Securities or of any such other Obligationsobligations, the same will be promptly paid in full when due or performed in accordance with the terms of the extension or renewal, subject to any applicable grace period, whether at stated maturity, by acceleration or otherwise, subject, however, in the case of clauses (i) and (ii) above, to the limitations set forth in Section 1011.

Appears in 1 contract

Sources: Indenture (Arcon Coating Mills Inc)

Unconditional Guarantee. Each Guarantor hereby unconditionally, jointly and severally, unconditionally guarantees of a senior unsecured basis (such guarantee to be referred to herein as a "Note Guarantee") ), on a senior basis jointly and severally, to each Holder of a Note authenticated and delivered by the Trustee and to the Trustee and its successors and assigns assigns, the Notes or the obligations of the Issuers hereunder or thereunder, that: (i) the principal of, premium, if any, of and interest on the Notes will be promptly paid in full when due, subject to any applicable grace period, whether at maturity, by acceleration or otherwise and interest on the overdue principal principal, if any, and interest on any overdue interest, to the extent lawful, of the Notes and all other Obligations obligations of the Company Issuers to the Holders of the Notes or the Trustee hereunder or thereunder will be promptly paid in full or performed, all in accordance with the terms hereof and thereof; and (ii) in case of any extension of time of payment or renewal of any Notes or of any such other Obligationsobligations, the same will be promptly paid in full when due or performed in accordance with the terms of the extension or renewal, subject to any applicable grace period, whether at stated maturity, by acceleration or otherwise, subject, however, in the case of clauses (i) and (ii) above, to the limitations set forth in Section 10.

Appears in 1 contract

Sources: Indenture (Readers Digest Association Inc)

Unconditional Guarantee. Each Guarantor by executing a counterpart of this Indenture or a supplemental indenture as provided in Section 4.16 hereby unconditionallyunconditionally guarantees (each, a "Guarantee"), on an unsecured senior basis and jointly and severally, guarantees of a senior unsecured basis (such guarantee to be referred to herein as a "Note Guarantee") to each Holder of a Note authenticated and delivered by the Trustee and to the Trustee and its successors and assigns Trustee, that: (i) the principal of, premium, if any, of and interest on the Notes will be promptly paid in full when due, subject to any applicable grace period, whether at maturity, by acceleration acceleration, upon redemption, purchase pursuant to Article III or otherwise otherwise, and interest on the overdue principal principal, if any, and interest on any overdue installment of interest, to the extent lawful, of on the Notes and all other Obligations obligations of the Company to the Holders of the Notes or the Trustee hereunder or thereunder will be promptly paid in full or performed, all in accordance with the terms hereof and thereof; and (ii) in case of any extension of time of payment or renewal of any Notes or of any such other Obligationsobligations, the same will be promptly paid in full when due or performed in accordance with the terms of the extension or renewal, subject to any applicable grace period, whether at stated maturity, by acceleration acceleration, upon redemption, purchase pursuant to Article III or otherwise, subject, however, in the case of clauses (i) and (ii) above, to the limitations set forth in Section 10.

Appears in 1 contract

Sources: Indenture (Nacg Finance LLC)

Unconditional Guarantee. (a) Each Guarantor hereby unconditionally, jointly and severally, guarantees of as a senior unsecured basis primary obligor and not as a surety (such guarantee to be referred to herein as a the "Note Guarantee") to each Holder of a Senior Note authenticated and delivered by the Trustee and to the Trustee and its successors and assigns assigns, the Senior Notes and the obligations of Publishing hereunder or thereunder, that: (i) the principal of, premium, if any, of and interest on the Senior Notes will be promptly paid in full when due, subject to any applicable grace period, whether at maturity, by acceleration or otherwise and interest on the overdue principal principal, if any, and interest on any overdue interest, interest to the extent lawful, of the Senior Notes and all other Obligations obligations of the Company Publishing to the Holders of the Notes or the Trustee hereunder or thereunder will be promptly paid in full or performed, performed all in accordance with the terms hereof and thereof; and (ii) in case of any extension of time of payment or renewal of any Senior Notes or of any such other Obligationsobligations, the same will be promptly paid in full when due or performed in accordance with the terms of the extension or renewal, subject to any applicable grace period, whether at stated maturity, by acceleration or otherwise, subject, however, in the case of clauses (i) and (ii) above, to the limitations set forth in Section 1011.

Appears in 1 contract

Sources: Indenture (Golden Books Family Entertainment Inc)

Unconditional Guarantee. Each Subject to any other provisions set forth in the Authorizing Resolution or supplemental indenture relating to a particular Series, the Guarantor hereby unconditionally, jointly and severally, guarantees of a senior unsecured basis unconditionally Guarantees (such guarantee to be referred to herein as a the "Note Guarantee") to each Holder of a Note Securities of such Series authenticated and delivered by the Trustee and to the Trustee and its successors and assigns assigns, that: (i) the principal of, premium, if any, of and interest on the Notes Securities of such Series will be promptly paid in full when due, subject to any applicable grace period, whether at maturity, by acceleration or otherwise and interest on the overdue principal principal, if any, and interest on any overdue interest, to the extent lawful, interest of the Notes Securities of such Series and all other Obligations obligations of the Company to the Holders of the Notes or the Trustee hereunder or thereunder thereunder, except obligations to pay principal and interest on any other Series not so Guaranteed, will be promptly paid in full or performed, all in accordance with the terms hereof and thereof; and (ii) in case of any extension of time of payment or renewal of any Notes Securities of such Series or of any such other Obligationsobligations, the same will be promptly paid in full when due or performed in accordance with the terms of the extension or renewal, subject to any applicable grace period, whether at stated maturity, by acceleration or otherwise, subject, however, in the case of clauses (i) and (ii) above, to the limitations set forth in Section 10.paid

Appears in 1 contract

Sources: Indenture (Collins & Aikman Products Co)