Common use of Absolute Guaranty Clause in Contracts

Absolute Guaranty. The Guaranty Obligations are the immediate, direct, primary, and absolute obligations of Guarantor, shall not be subject to any condition precedent, and are independent of and not co-extensive with the Liabilities. The Guaranty Obligations shall remain in full force and effect without regard to, and shall not be impaired or affected by, or be deemed to be satisfied by, nor shall Guarantor or the Collateral be exonerated, discharged, or released by, any of the following events:

Absolute Guaranty. The Guaranty Obligations are the immediate, direct, primary, and absolute obligations of Guarantor, shall not be subject to any condition precedent, each Guarantor under this Guaranty are joint and several and are independent of absolute and not co-extensive with the Liabilities. The Guaranty Obligations unconditional and shall remain in full force and effect without regard to, and shall not be impaired released, suspended, discharged, terminated or otherwise affected by, without limitation, (i) any action or be deemed to be satisfied by, nor shall Guarantor inaction by a Holder or any other circumstance contemplated in Section 3; or (ii) the Collateral be exonerated, discharged, or released by, existence of any other guaranties of the following events:Guaranteed Debt, whether or not such other guaranties have been acted upon in any way.

Absolute Guaranty. The Guaranty Obligations are the immediate, direct, primary, and absolute obligations of Guarantor, shall not be subject to any condition precedent, the Guarantor under this Guaranty are absolute and are independent of unconditional and not co-extensive with the Liabilities. The Guaranty Obligations shall remain in full force and effect without regard to, and shall not be impaired released, suspended, discharged, terminated or otherwise affected by, without limitation: (a) any action or be deemed to be satisfied by, nor shall Guarantor inaction by a Holder or any other circumstance contemplated in Section 3; or (b) the Collateral be exonerated, discharged, or released by, existence of any other guaranties of the following events:Guaranteed Debt, whether or not such other guaranties have been acted upon in any way.