Enforcement of Guarantee. Without limiting any other provision of this Subordinated Guarantee, in no event shall any Payee have any obligation to proceed against JHVLICO or any other person or property before seeking satisfaction from the Guarantor. Any Payee may enforce the Subordinated Guarantee directly against the Guarantor, subject to no preconditions other than failure by JHVLICO to pay when due any guaranteed amount.
Appears in 4 contracts
Samples: Subordinated Guarantee (Manulife Financial Corp), Subordinated Guarantee (Hancock John Financial Services Inc), Subordinated Guarantee (Hancock John Variable Life Insurance Co)
Enforcement of Guarantee. Without limiting any other provision of this Subordinated Guarantee, in no event shall any Payee have any obligation to proceed against JHVLICO JHUSA or any other person or property before seeking satisfaction from the Guarantor. Any Payee may enforce the Subordinated Guarantee directly against the Guarantor, subject to no preconditions other than failure by JHVLICO JHUSA to pay when due any guaranteed amount.
Appears in 3 contracts
Samples: Subordinated Guarantee (Manulife Financial Corp), Subordinated Mva Guarantee (Manulife Financial Corp), Subordinated Guarantee (John Hancock Life Insurance Co Usa)
Enforcement of Guarantee. Without limiting any other provision of this Subordinated Guarantee, in no event shall any Payee have any obligation to proceed against JHVLICO JHNY or any other person or property before seeking satisfaction from the Guarantor. Any Payee may enforce the Subordinated Guarantee directly against the Guarantor, subject to no preconditions other than failure by JHVLICO JHNY to pay when due any guaranteed amount.
Appears in 2 contracts
Samples: Subordinated Mva Guarantee (Manulife Financial Corp), Subordinated Guarantee (Manulife Financial Corp)
Enforcement of Guarantee. Without limiting any other provision of this Subordinated Guarantee, in no event shall any Payee have any obligation to proceed against JHVLICO JHLICO or any other person or property before seeking satisfaction from the Guarantor. Any Payee may enforce the Subordinated Guarantee directly against the Guarantor, subject to no preconditions other than failure by JHVLICO JHLICO to pay when due any guaranteed amountamount pursuant to or under any Old Note.
Appears in 1 contract
Samples: Subordinated Guarantee (Hancock John Life Insurance Co)
Enforcement of Guarantee. Without limiting any other provision of this Subordinated Guarantee, in no event shall any Payee have any obligation to proceed against JHVLICO JHLICO or any other person or property before seeking satisfaction from the Guarantor. Any Payee may enforce the Subordinated Guarantee directly against the Guarantor, subject to no preconditions other than failure by JHVLICO JHLICO to pay when due any guaranteed amountamount pursuant to or under any New Note.
Appears in 1 contract
Samples: Subordinated New Note Guarantee (Hancock John Life Insurance Co)
