Common use of Dealings not to Affect Guarantee Clause in Contracts

Dealings not to Affect Guarantee. The Lender may (without the Guarantor’s consent and without affecting this deed or the liability of the Guarantor under this deed): (a) vary the terms of any Guaranteed Indebtedness; (b) compound with or grant time or other indulgences to the Borrower or to any other person; or (c) deal with, exchange, release, modify, or not perfect or enforce any encumbrance, security or right which the Lender now has or may in the future have against any Guarantor or any other person.

Appears in 5 contracts

Samples: Deed of Guarantee and Indemnity, Deed of Guarantee and Indemnity, Deed of Guarantee and Indemnity

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