Common use of Death of Guarantor Clause in Contracts

Death of Guarantor. In the event of the death of an individual Guarantor, the obligation of such Guarantor under this Guaranty shall continue in full force and effect against Guarantor's estate as to all indebtedness and other obligations of Resident under the Lease Agreement. Landlord shall not be required to pursue any other remedies before invoking the benefits of this Guaranty. In particular, Landlord shall not be required to exhaust Landlord's remedies against Resident or other guarantors. Landlord may from time to time at Xxxxxxxx's discretion and with or without valuable consideration, release Resident from all or part of Resident's obligations without affecting this Guaranty.

Death of Guarantor. In the event of the death of an individual Guarantor, the obligation of such Guarantor under this Guaranty shall continue in full force and effect against Guarantor's estate as to all indebtedness and other obligations of Resident under the Lease Agreement. Landlord shall not be required to pursue any other remedies before invoking the benefits of this Guaranty. In particular, Landlord shall not be required to exhaust Landlord's remedies against Resident or other guarantorsGuarantors. Landlord may from time to time at Xxxxxxxx's discretion and with or without valuable consideration, release Resident from all or part of Resident's obligations without affecting this Guaranty.

Death of Guarantor. In the event of the death of an individual Guarantor, the obligation of such Guarantor under this Guaranty shall continue in full force and effect against Guarantor's estate as to all indebtedness and other obligations of Resident under the Lease Agreement. Landlord shall not be required to pursue any other remedies before invoking the benefits of this Guaranty. In particular, Landlord shall not be required to exhaust Landlord's remedies against Resident or other guarantors. Landlord may from time to time at Xxxxxxxx's discretion and with or without valuable consideration, release Resident from all or part of Resident's obligations without affecting this Guaranty.. SAMPLE LEASE

Death of Guarantor. In the event of the death of an individual Guarantor, the obligation of such Guarantor under this Guaranty shall continue in full force and effect against Guarantor's estate as to all indebtedness and other obligations of Resident under the Lease Agreement. Landlord shall not be required to pursue any other remedies before invoking the benefits of this Guaranty. In particular, Landlord shall not be required to exhaust Landlord's remedies against Resident or other guarantors. Landlord may from time to time at XxxxxxxxLandlord's discretion and with or without valuable consideration, release Resident from all or part of Resident's obligations without affecting this Guaranty.. SAMPLE LEASE

Death of Guarantor. In the event of the death of an individual Guarantor, the obligation of such Guarantor under this Guaranty shall continue in full force and effect against Guarantor's estate as to all indebtedness and other obligations of Resident under the Lease AgreementLease. Landlord shall not be required to pursue any other remedies before invoking the benefits of this Guaranty. In particular, Landlord shall not be required to exhaust Landlord's remedies against Resident or other guarantors. Landlord may from time to time at Xxxxxxxx's discretion and with or without valuable consideration, release Resident from all or part of Resident's obligations without affecting this Guaranty.

Death of Guarantor. In the event of the death of an individual Guarantor, the obligation of such Guarantor under this Guaranty shall continue in full force and effect against Guarantor's estate as to all indebtedness and other obligations of Resident under the Lease AgreementResident Contract. Landlord shall not be required to pursue any other remedies before invoking the benefits of this Guaranty. In particular, Landlord shall not be required to exhaust Landlord's remedies against Resident or other guarantors. Landlord may from time to time at Xxxxxxxx's discretion and with or without valuable consideration, release Resident from all or part of Resident's obligations without affecting this Guaranty.