Common use of DURATION OF GUARANTY Clause in Contracts

DURATION OF GUARANTY. This Guaranty will take effect when received by Lender without the necessity of any acceptance by Xxxxxx, or any notice to Guarantor or to Borrower, and will continue in full force until all the Indebtedness shall have been fully and finally paid and satisfied and all of Guarantor’s other obligations under this Guaranty shall have been performed in full. Release of any other guarantor or termination of any other guaranty of the Indebtedness shall not affect the liability of Guarantor under this Guaranty. A revocation Lender receives from any one or more Guarantors shall not affect the liability of any remaining Guarantors under this Guaranty.

Appears in 1 contract

Samples: Commercial Guaranty (Eaco Corp)

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DURATION OF GUARANTY. This Guaranty will take effect when received by Lender without the necessity of any acceptance by XxxxxxLender, or any notice to Guarantor or to Borrower, and will continue in full force until all the Indebtedness shall have been fully and finally paid and satisfied and all of Guarantor’s 's other obligations under this Guaranty shall have been performed in full. Release of any other guarantor or termination of any other guaranty of the Indebtedness shall not affect the liability of Guarantor under this Guaranty. A revocation Lender receives from any one or more Guarantors shall not affect the liability of any remaining Guarantors under this Guaranty.

Appears in 1 contract

Samples: Commercial Guaranty (Energy Exploration Technologies /)

DURATION OF GUARANTY. This Guaranty will take effect when received by Lender without the necessity of any acceptance by XxxxxxLexxxx, or any notice to Guarantor or to Borrower, and will continue in full force until all the Indebtedness shall have been fully and finally paid and satisfied and all of Guarantor’s other obligations under this Guaranty shall have been performed in full. Release of any other guarantor or termination of any other guaranty of the Indebtedness shall not affect the liability of Guarantor under this Guaranty. A revocation Lender receives from any one or more Guarantors shall not affect the liability of any remaining Guarantors under this Guaranty.

Appears in 1 contract

Samples: Commercial Guaranty (SD Co Inc)

DURATION OF GUARANTY. This Guaranty will take effect when received by Lender without the necessity of any acceptance by XxxxxxLexxxx, or any notice to Guarantor or to Borrower, and will continue in full force until all ail the Indebtedness shall have been fully and finally paid and satisfied and all of Guarantor’s other obligations under this Guaranty shall have been performed in full. Release of any other guarantor or termination of any other guaranty of the Indebtedness shall not affect the liability of Guarantor under this Guaranty. A revocation Lender receives from any one or more Guarantors shall not affect the liability of any remaining Guarantors under this Guaranty.

Appears in 1 contract

Samples: Commercial Guaranty (SD Co Inc)

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DURATION OF GUARANTY. This Guaranty will take effect when received by Lender without the necessity of any acceptance by XxxxxxLexxxx, or any notice to Guarantor or to Borrower, and will continue in full force until all the Indebtedness shall have been fully and finally paid and satisfied and all of Guarantor’s 's other obligations under this Guaranty shall have been performed in full. Release of any other guarantor or termination of any other guaranty of the Indebtedness shall not affect the liability of Guarantor under this Guaranty. A revocation Lender receives from any one or more Guarantors shall not affect the liability of any remaining Guarantors under this Guaranty.

Appears in 1 contract

Samples: Commercial Guaranty (SD Co Inc)

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