Examples of Guaranteed Obligations in a sentence
ABG Topco shall not exercise any right of subrogation against any other Person in connection with the transactions contemplated by this Agreement, whether arising by contract or operation of law or otherwise, by reason of any payment by it in respect of the Guaranteed Obligations unless and until the Guaranteed Obligations have first been paid in full to the applicable Seller or Seller Entity.
The guarantee in this Section 13 is a continuing guarantee, and shall apply to all Guaranteed Obligations whenever arising.
This Deed is and shall at all times be a continuing guarantee and security and will extend to the ultimate balance from time to time owing to the Lender by the Borrower in respect of the Guaranteed Obligations.
Each Guarantor assumes all responsibility for being and keeping itself informed of the Borrower’s financial condition and assets, and of all other circumstances bearing upon the risk of nonpayment of the Guaranteed Obligations and the nature, scope and extent of the risks that each Guarantor assumes and incurs under this Guaranty, and agrees that none of any Agent, any L/C Issuer or any Lender shall have any duty to advise any Guarantor of information known to it regarding those circumstances or risks.
The Guaranteed Obligations are primary, absolute, unconditional and irrevocable, and such obligations shall continue in full force and effect until the payment and performance, as applicable, of all of the Guaranteed Obligations and are not conditioned upon any event or contingency or upon any attempt first to obtain payment from any Purchaser or any other Person under this Agreement, or pursuit of any other right or remedy against such Purchaser through the commencement of a Proceeding or otherwise.