Common use of Absolute Liability Clause in Contracts

Absolute Liability. (1) The Guarantor guarantees that the Guaranteed Obligations will be paid to the Collateral Agent and the Secured Creditors strictly in accordance with their terms and conditions, that the Guarantor shall be liable as principal debtor and not solely as surety with respect to the payment of the Guaranteed Obligations and that the liability of the Guarantor under this Guarantee shall be absolute and unconditional irrespective of:

Appears in 2 contracts

Samples: Canadian Subsidiary Guarantee (Williams Scotsman International Inc), Canadian Subsidiary Guarantee (Williams Scotsman Inc)

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Absolute Liability. (1) The Guarantor guarantees that the Guaranteed Obligations will be paid to the Collateral Agent and the Secured Creditors performed strictly in accordance with their the terms and conditions, that the Guarantor shall be liable as principal debtor and not solely as surety with respect to the payment of the Guaranteed Obligations and that the Loan Agreement. The liability of the Guarantor under this Guarantee guarantee shall be absolute and unconditional irrespective of:

Appears in 2 contracts

Samples: Share Pledge Agreement (XLR Medical Corp.), Guarantee (XLR Medical Corp.)

Absolute Liability. (1) The Guarantor guarantees Subject to the limitation on recourse set forth in section 1 above, the Guarantors guarantee that the Guaranteed Obligations will be paid to the Collateral Agent and the Secured Creditors performed strictly in accordance with their the terms and conditions, that the Guarantor shall be liable as principal debtor and not solely as surety with respect to the payment of the Guaranteed Obligations and that the Loan Agreement. The liability of the Guarantor Guarantors under this Guarantee guarantee shall be absolute and unconditional irrespective of:

Appears in 2 contracts

Samples: Limited Recourse Guarantee (Fc Financial Services Inc), Limited Recourse Guarantee (Fc Financial Services Inc)

Absolute Liability. (1) The Guarantor guarantees that the Guaranteed Obligations will be paid to the Collateral Agent and the Secured Creditors performed strictly in accordance with their the terms and conditions, that the Guarantor shall be liable as principal debtor and not solely as surety with respect to the payment of the Guaranteed Obligations and that the Promissory Note. The liability of the Guarantor under this Guarantee guarantee shall be absolute and unconditional irrespective of:

Appears in 2 contracts

Samples: Guarantee (Quantum Solar Power Corp.), Guarantee (Quantum Solar Power Corp.)

Absolute Liability. (1) The Guarantor guarantees that the Guaranteed Obligations will be paid to the Collateral Agent and the Secured Creditors performed strictly in accordance with their the terms and conditions, that the Guarantor shall be liable as principal debtor and not solely as surety with respect to the payment of the Guaranteed Obligations Debt Repayment Agreement, the Assumption Agreement and that the Convertible Instrument. The liability of the Guarantor under this Guarantee guarantee shall be absolute and unconditional irrespective of:

Appears in 1 contract

Samples: Guarantee (Peace Arch Entertainment Group Inc)

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Absolute Liability. (1) The Guarantor guarantees that the Guaranteed Obligations will be paid to the Collateral Agent and the Secured Creditors strictly in accordance with their terms and conditions, that the Guarantor shall be liable as principal debtor and not solely as surety with respect to the payment of the Guaranteed Obligations and that the liability of the Guarantor under this Amended and Restated Guarantee shall be absolute and unconditional irrespective of:

Appears in 1 contract

Samples: Avery Berkel Holdings LTD

Absolute Liability. (1) The Guarantor guarantees that the Guaranteed Obligations will be paid to the Collateral Agent and the Secured Creditors strictly in accordance with their terms and conditions, that the Guarantor shall be liable as principal debtor and not solely as surety with respect to the payment of the Guaranteed Obligations and that the liability of the Guarantor under this Guarantee shall be absolute and unconditional irrespective of:

Appears in 1 contract

Samples: Avery Berkel Holdings LTD

Absolute Liability. (1a) The Each Guarantor hereby guarantees that the Guaranteed Obligations will be paid to the Collateral Agent and the Secured Creditors strictly in accordance with their the terms and conditionsof this Agreement or the applicable Credit Document, that as the Guarantor shall be liable as principal debtor and not solely as surety with respect to the payment of the Guaranteed Obligations case may be, and that the its liability of the Guarantor under this Guarantee guarantee shall be absolute and unconditional irrespective of:

Appears in 1 contract

Samples: Credit Agreement (Marsulex Inc)

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