Common use of Death of Guarantor Clause in Contracts

Death of Guarantor. In the event of the death of Guarantor, the -------------------- obligations of the deceased Guarantor under this Guaranty shall continue as an obligation against his estate as to (a) all of the Guaranteed Indebtedness that is outstanding on the date of Guarantor's death, and any renewals or extensions thereof, and (b) all loans, advances and other extensions of credit made to or for the account of Borrower on or after the date of Guarantor's death pursuant to an obligation of Lender under a commitment or agreement described in Subparagraph 1(d) above and made to or with Borrower prior to the date of ------------------ Guarantor's death. The terms and conditions of this Guaranty, including without limitation the consents and waivers set forth in Paragraph 6 hereof, shall ----------- remain in effect with respect to the Guaranteed Indebtedness described in the preceding sentence in the same manner as if Guarantor had not died.

Appears in 5 contracts

Samples: Guaranty Agreement (Charys Holding Co Inc), Guaranty Agreement (Charys Holding Co Inc), Guaranty Agreement (Charys Holding Co Inc)

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Death of Guarantor. In the event of the death of Guarantor, the -------------------- obligations of the deceased Guarantor under this Guaranty shall continue as an obligation against his Guarantor's estate as to (a) all of the Guaranteed Indebtedness that is outstanding on the date of Guarantor's death, and any renewals or extensions thereof, and (b) all loans, advances and other extensions of credit made to or for the account of Borrower on or after the date of Guarantor's death pursuant to an obligation of Lender Xxxxxxxxx under a commitment or agreement described in Subparagraph 1(d) paragraph 1 above and made to or with Borrower prior to the date of ------------------ Guarantor's death. The terms and conditions of this Guaranty, including without limitation the consents and waivers set forth in Paragraph 6 paragraph 4 hereof, shall ----------- remain in effect with respect to the Guaranteed Indebtedness described in the preceding sentence in the same manner as if Guarantor had not died.

Appears in 4 contracts

Samples: Specific Guaranty (Karts International Inc), Specific Guaranty (Karts International Inc), Specific Guaranty (Karts International Inc)

Death of Guarantor. In the event of the death of Guarantor, the -------------------- obligations of the deceased Guarantor under this Guaranty shall continue as an obligation against his Guarantor's estate as to (a) all of the Guaranteed Indebtedness that is outstanding on the date of Guarantor's death, and any renewals or extensions thereof, and (b) all loans, advances and other extensions of credit made to or for the account of Borrower on or after the date of Guarantor's death pursuant to an obligation of Lender Bank under a commitment or agreement described in Subparagraph subparagraph 1(d) above and made to or with Borrower prior to the date of ------------------ Guarantor's death. The terms and conditions of this Guaranty, including without limitation the consents and waivers set forth in Paragraph paragraph 6 hereof, shall ----------- remain in effect with respect to the Guaranteed Indebtedness described in the preceding sentence in the same manner as if Guarantor had not died.

Appears in 2 contracts

Samples: Guaranty (Avatar Systems Inc), Limited Guaranty (Avatar Systems Inc)

Death of Guarantor. In the event of the death of Guarantor, the -------------------- obligations of the deceased Guarantor under this Guaranty shall continue as an obligation against his Guarantor's estate as to (a) all of the Guaranteed Indebtedness that is outstanding on the date of Guarantor's death, and any renewals or extensions thereof, and (b) all loans, advances and other extensions of credit made to or for the account of Borrower on or after the date of Guarantor's death pursuant to an obligation of Lender Bank under a commitment or agreement described in Subparagraph 1(dsubparagraph I (d) above and made to or with Borrower prior to the date of ------------------ Guarantor's death. The terms and conditions of this Guaranty, including without limitation the consents and waivers set forth in Paragraph paragraph 6 hereof, shall ----------- remain in effect with respect to the Guaranteed Indebtedness described in the preceding sentence in the same manner as if Guarantor had not died.

Appears in 1 contract

Samples: Guaranty (Avatar Systems Inc)

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Death of Guarantor. In the event of the death of Guarantor, the -------------------- ------------------ obligations of the deceased Guarantor under this Guaranty shall continue as an obligation against his estate as to (a) all of the Guaranteed Indebtedness that is outstanding on the date of Guarantor's death, and any renewals or extensions thereof, and (b) all loans, advances and other extensions of credit made to or for the account of Borrower on or after the date of Guarantor's death pursuant to an obligation of Lender under a commitment or agreement described in Subparagraph 1(d) above and made to or with Borrower prior to the date of ------------------ ----------------- Guarantor's death. The terms and conditions of this Guaranty, including without limitation the consents and waivers set forth in Paragraph 6 7 hereof, shall ----------- remain in effect with respect to the Guaranteed Indebtedness described in the preceding sentence in the same manner as if Guarantor had not died.

Appears in 1 contract

Samples: Limited Guaranty Agreement (Schlotzskys Inc)

Death of Guarantor. In the event of the death of Guarantor, the -------------------- obligations of the deceased Guarantor under this Guaranty shall continue as an obligation against his estate as to (a) all of the Guaranteed Indebtedness that is outstanding on the date of Guarantor's death, and any renewals or extensions thereof, and (b) all loans, advances and other extensions of credit made to or for the account of Borrower on or after the date of Guarantor's death pursuant to an obligation of Lender under a commitment or agreement described in Subparagraph 1(dSUBPARAGRAPH 1(D) above and made to or with Borrower prior to the date of ------------------ Guarantor's death. The terms and conditions of this Guaranty, including without limitation the consents and waivers set forth in Paragraph PARAGRAPH 6 hereof, shall ----------- remain in effect with respect to the Guaranteed Indebtedness described in the preceding sentence in the same manner as if Guarantor had not died.

Appears in 1 contract

Samples: Guaranty Agreement (Behringer Harvard Short Term Opportunity Fund I Lp)

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