Common use of Absolute Guarantee Clause in Contracts

Absolute Guarantee. The Guarantee is absolute and unconditional and will not be affected or impaired by: (a) any failure of the Borrower or the Subsidiary Guarantor to comply with any requirement of any law, regulation or order; (b) the dissolution, liquidation, reorganization or other alteration of the legal status or structure of the Borrower or the Subsidiary Guarantor; (c) any purported or actual assignment of the Loans or any part thereof by IFC to any other Person; (d) the Loan Agreement, any other Transaction Document or any of the Guaranteed Obligations being in whole or in part illegal, void, voidable, avoided, invalid, unenforceable or otherwise of limited force and effect; or (e) any other circumstance or occurrence whatsoever that might otherwise constitute a defense available to, or discharge of, the Subsidiary Guarantor or any other guarantor or surety.

Absolute Guarantee. The InterCement Guarantee is absolute and unconditional and will not be affected or impaired by: (a) any failure of the Borrower or the Subsidiary Guarantor Sponsor to comply with any requirement of any law, regulation or order; (b) the dissolution, liquidation, reorganization or other alteration of the legal status or structure of the Borrower or the Subsidiary GuarantorSponsor; (c) any purported or actual assignment of the Senior Loans or any part thereof by IFC the Senior Lenders to any other Person; (d) the Common Terms Agreement, the Senior Loan AgreementAgreements, any other Transaction Financing Document or any of the Guaranteed Obligations being in whole or in part illegal, void, voidable, avoided, invalid, unenforceable or otherwise of limited force and effect; or (e) any other circumstance or occurrence whatsoever that might otherwise constitute a defense available to, or discharge of, the Subsidiary Guarantor Sponsor or any other guarantor or surety.