Common use of Absolute Guaranty Clause in Contracts

Absolute Guaranty. The obligations of each Guarantor under this Guaranty are joint and several and are absolute and unconditional and shall remain in full force and effect without regard to, and shall not be released, suspended, discharged, terminated or otherwise affected by, without limitation, (i) any action or inaction by a Holder or any other circumstance contemplated in Section 3; or (ii) the existence of any other guaranties of the Guaranteed Debt, whether or not such other guaranties have been acted upon in any way.

Appears in 2 contracts

Samples: Note Purchase Agreement (Hunt Manufacturing Co), Note Purchase Agreement (Hunt Corp)

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Absolute Guaranty. The obligations of each Guarantor under this Guaranty are joint and several and are absolute absolute, irrevocable and unconditional and shall remain in full force and effect without regard to, and shall not be released, suspended, discharged, terminated or otherwise affected by, without limitation, : (ia) any action or inaction by a Holder the Agent, any Co-Agent, any Bank, any L/C Provider or any other circumstance Interest Rate Provider contemplated in Section 33 of this Guaranty; or (iib) the existence of any other guaranties of the Guaranteed Debt, whether or not such other guaranties have been acted upon in any way. This Guaranty is a primary obligation of each Guarantor.

Appears in 1 contract

Samples: Subsidiary Guaranty (Jacor Communications Inc)

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Absolute Guaranty. The obligations of each the Guarantor under this Guaranty are joint and several and are absolute and unconditional and shall remain in full force and effect without regard to, and shall not be released, suspended, discharged, terminated or otherwise affected by, without limitation, : (ia) any action or inaction by a Holder or any other circumstance contemplated in Section 3; or (iib) the existence of any other guaranties of the Guaranteed Debt, whether or not such other guaranties have been acted upon in any way.

Appears in 1 contract

Samples: Subsidiary Guaranty (Huntco Inc)

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