Common use of Consents to Renewals, Modifications and other Actions and Events Clause in Contracts

Consents to Renewals, Modifications and other Actions and Events. This Guaranty and all of the obligations of the Guarantors hereunder shall remain in full force and effect without regard to and shall not be released, affected or impaired by: (a) any amendment, assignment, transfer, modification of or addition or supplement to the Liabilities or any Agreement; (b) any extension, indulgence, increase in the Liabilities or other action or inaction in respect of any of the Agreements or otherwise with respect to the Liabilities, or any acceptance of security for, or other guaranties of, any of the Liabilities or Agreements, or any surrender, release, exchange, impairment or alteration of any such security or guaranties including without limitation the failing to perfect a security interest in any such security or abstaining from taking advantage of or realizing upon any other guaranties or upon any security interest in any such security; (c) any default by the Borrower under, or any lack of due execution, invalidity or unenforceability of, or any GUARANTY AGREEMENT

Appears in 2 contracts

Samples: Guaranty Agreement (Amtran Inc), Guaranty Agreement (Amtran Inc)

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Consents to Renewals, Modifications and other Actions and Events. This Guaranty and all of the obligations of the Guarantors Guarantor hereunder shall remain in full force and effect without regard to and shall not be released, affected or impaired by: (a) any amendment, assignment, transfer, modification of or addition or supplement to the Liabilities Guaranteed Obligations or any AgreementTransaction Document; (b) any extension, indulgence, increase in the Liabilities Guaranteed Obligations or other action or inaction in respect of any of the Agreements Transaction Documents or otherwise with respect to the LiabilitiesGuaranteed Obligations, or any acceptance of security for, or other guaranties of, any of the Liabilities Guaranteed Obligations or AgreementsTransaction Documents, or any surrender, release, exchange, impairment or alteration of any such security or guaranties including without limitation the failing to perfect a security interest in any such security or abstaining from taking advantage of or realizing upon any other guaranties or upon any security interest in any such security; (c) any default by the Borrower under, or any lack of due execution, invalidity or unenforceability of, or any GUARANTY AGREEMENT;

Appears in 1 contract

Samples: Credit Agreement (Miller Herman Inc)

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Consents to Renewals, Modifications and other Actions and Events. This Guaranty Agreement and all of the obligations of the Guarantors Borrowers hereunder shall remain in full force and effect without regard to and shall not be released, affected or impaired by: (a) any amendment, assignment, transfer, modification of or addition or supplement to the Liabilities Bank Obligations, this Agreement, any Note or any Agreementother Loan Document; (b) any extension, indulgence, increase in the Liabilities Bank Obligations or other action or inaction in respect of any of the Agreements Loan Documents or otherwise with respect to the LiabilitiesBank Obligations, or any acceptance of security for, or other guaranties of, any of the Liabilities Bank Obligations or AgreementsLoan Documents, or any surrender, release, exchange, impairment or alteration of any such security or guaranties including without limitation the failing to perfect a security interest in any such security or abstaining from taking advantage or of or realizing upon any other guaranties or upon any security interest in any such security; (c) any default by the Borrower under, or any lack of due execution, invalidity or unenforceability of, or any GUARANTY AGREEMENTsuch

Appears in 1 contract

Samples: Credit Agreement (Comstock Resources Inc)

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