Existing Or Future Guaranties. The execution of this GUARANTY shall not discharge, terminate or in any way impair or adversely affect the validity or enforceability of any other guaranty given by the GUARANTOR to the LENDER. The execution and delivery by the GUARANTOR of any future guaranty for the benefit of the LENDER shall not discharge, terminate, or in any way impair or adversely affect the validity or enforceability of this GUARANTY. All guaranties provided by the GUARANTOR to the LENDER are intended to be cumulative and shall remain in full force and effect unless and until discharged and terminated in accordance with any expressly stated termination provisions set forth therein.
Appears in 6 contracts
Samples: Guaranty Agreement (Avatech Solutions Inc), Guaranty Agreement (Ch Energy Group Inc), Limited Guaranty Agreement (Gse Systems Inc)
Existing Or Future Guaranties. The execution of this GUARANTY shall not discharge, terminate or in any way impair or adversely affect the validity or enforceability of any other guaranty given by the GUARANTOR to the LENDERSECURED PARTIES. The execution and delivery by the GUARANTOR of any future guaranty for the benefit of the LENDER SECURED PARTIES shall not discharge, terminate, or in any way impair or adversely affect the validity or enforceability of this GUARANTYGUARANTY unless expressly stated therein. All guaranties provided by the GUARANTOR to the LENDER SECURED PARTIES are intended to be cumulative and shall remain in full force and effect unless and until discharged and terminated in accordance with any expressly stated termination provisions set forth therein.
Appears in 2 contracts
Samples: Loan and Security Agreement (Martek Biosciences Corp), Guaranty Agreement (Martek Biosciences Corp)
