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Common use of Excess Liabilities Clause in Contracts

Excess Liabilities. The creation or existence from time to time of Liabilities in excess of the amount to which the right of recovery under this Guaranty is limited, if any, is hereby authorized, without notice to the Guarantor, and shall in no way affect or impair the rights of the Lender and the obligation of the Guarantor under this Guaranty.

Appears in 6 contracts

Samples: Credit Agreement (York Group Inc \De\), Credit Agreement (Quanta Services Inc), Guaranty (Palex Inc)