Common use of Continuation of Guaranty Clause in Contracts

Continuation of Guaranty. Guarantor covenants that this Guaranty will not be discharged except by complete performance of the Guaranteed Obligations contained in this Guaranty. This Guaranty shall not be affected by, and shall remain in full force and effect notwithstanding, any bankruptcy, insolvency, liquidation, or reorganization of Maker or Guarantor.

Appears in 6 contracts

Samples: Conversion and Loan Modification Agreement (Arkanova Energy Corp.), Guaranty Agreement (Arkanova Energy Corp.), Guaranty Agreement (Arkanova Energy Corp.)

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