Common use of Discharge of Guaranty Clause in Contracts

Discharge of Guaranty. This Guaranty shall not be discharged and the Guarantor shall not be released from liability until all Obligations have been satisfied in full and the satisfaction of the Obligations is not subject to challenge or contest. If all or any portion of the Obligations are satisfied and Investors are required for any reason to pay to any person the sums used to satisfy the Obligations, the Obligations shall remain in effect and enforceable to the extent thereof.

Appears in 3 contracts

Samples: Guaranty Agreement (Fronteer Financial Holdings LTD), Guaranty Agreement (Evision Usa Com Inc), Guaranty Agreement (Heng Fung Holdings Co LTD)

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Discharge of Guaranty. This Guaranty shall not be discharged and the Guarantor shall not be released from liability until all Obligations have been satisfied in full and the satisfaction of the Obligations is not subject to challenge or contest. If all or any portion of the Obligations are satisfied and Investors are GE Capital is required for any reason to pay to any person the sums used to satisfy the Obligations, the Obligations shall remain in effect and enforceable to the extent thereof.

Appears in 2 contracts

Samples: Guaranty Agreement (Leisure Time Casinos & Resorts Inc), Guaranty Agreement (Leisure Time Casinos & Resorts Inc)

Discharge of Guaranty. This Guaranty shall not be discharged and the Guarantor shall not be released from liability until all Obligations have been satisfied in full and the satisfaction of the Obligations is not subject to challenge or contest. If all or any portion of the Obligations are satisfied and Investors are the Lender is required for any reason to pay to any person the sums used to satisfy the Obligations, the Obligations shall remain in effect and enforceable to the extent thereof.

Appears in 2 contracts

Samples: Limited Guaranty Agreement, Limited Guaranty Agreement (Inland Diversified Real Estate Trust, Inc.)

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Discharge of Guaranty. This Guaranty shall not be discharged and the Guarantor shall not be released from liability until all Obligations have been satisfied in full and the satisfaction of the such Obligations is not subject to challenge or contest. If all or any portion of the such Obligations are satisfied and Investors are Landlord is required for any reason to pay to any person the sums used to satisfy the such Obligations, the such Obligations shall remain in effect and enforceable to the extent thereof.

Appears in 1 contract

Samples: Lease Agreement (National Information Group)

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