The obligations of Guarantor under this Guaranty and any instrument which grants collateral to secure such obligations and the rights of Agent under this Guaranty shall continue in full force and effect until the earlier of the following have occurred: (a) the Obligations under the Loan Documents have been fully paid and performed; or (b) one (1) year from date of Substantial Completion, at which point the obligations of Guarantor under this Guaranty shall terminate.