Common use of Absolute Guaranty Clause in Contracts

Absolute Guaranty. Except as explicitly provided herein, this Guaranty is absolute and unconditional and the obligations hereunder shall be primary and not secondary obligations. The liability hereunder of Guarantor shall not be affected or limited in any way by the absence of any attempt to collect or enforce the Guaranteed Obligations against Buyer, any other guarantor, any other person, or any assets of Buyer or any other person.

Appears in 2 contracts

Samples: Fortune Diversified Industries Inc, Fisbeck John F

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Absolute Guaranty. Except as explicitly provided herein, this Guaranty is absolute and unconditional and Guarantor agrees that the obligations liability hereunder shall be the immediate, direct and primary and not secondary obligations. The liability hereunder obligation of Guarantor and shall not be affected contingent upon Agent's exercise or limited in any way by the absence enforcement of any attempt to collect or enforce the Guaranteed Obligations remedy it may have against Buyer, any other guarantor, any other person, or any assets of Buyer Borrower or any other person.Person. Without limiting the generality of the foregoing, the Guaranty Obligations shall remain in full force and effect without regard to and shall not be impaired or affected by, nor shall Guarantor be exonerated or discharged by, any of the following events:

Appears in 1 contract

Samples: Guaranty Agreement (Micron Electronics Inc)

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Absolute Guaranty. Except as explicitly provided herein, this Guaranty is absolute and unconditional and Guarantor agrees that the obligations liability hereunder shall be the immediate, direct and primary and not secondary obligations. The liability hereunder obligation of Guarantor and shall not be affected contingent upon Agent's exercise or limited in any way by the absence enforcement of any attempt to collect or enforce the Guaranteed Obligations remedy it may have against Buyer, any other guarantor, any other person, or any assets of Buyer Borrower or any other person.Person. Without limiting the generality of the foregoing, the Guaranty Obligations shall remain in full force and effect without regard to and

Appears in 1 contract

Samples: Guaranty Agreement (Micron Electronics Inc)

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