Absolute, Unconditional, Joint and Several Nature of Guaranty. 3.1 The obligations of Guarantor hereunder are absolute and unconditional, and shall be joint and several with each other party that may be liable, directly or indirectly, for the payment or performance of any of the Secured Obligations. Guarantor shall not be released from any obligations under or in respect of this Guaranty for any reason, nor shall such obligations be reduced, diminished or discharged for any reason, including:
Appears in 3 contracts
Samples: Guaranty, Guaranty (Global Energy, Inc.), Continuing Guaranty (Global Energy, Inc.)
Absolute, Unconditional, Joint and Several Nature of Guaranty. 3.1 The obligations of Guarantor hereunder are absolute absolute, unconditional and unconditionalirrevocable, may not be cancelled, terminated, repudiated or rescinded for any reason, and shall be joint and several with each Guarantor executing this Guaranty and each other party that may be liable, directly or indirectly, for the payment or performance of any of the Secured Obligations. Guarantor shall not be released from any obligations under or in respect of this Guaranty for any reason, nor shall such obligations be reduced, diminished or discharged for any reason, including:
Appears in 1 contract
Samples: Guaranty (Ipg Photonics Corp)
