FIBERMARK DURABLE GUARANTORS' GUARANTY OBLIGATIONS UNCONDITIONAL Sample Clauses

FIBERMARK DURABLE GUARANTORS' GUARANTY OBLIGATIONS UNCONDITIONAL. Each FiberMark Durable Guarantor hereby jointly and severally guarantees that the FiberMark Durable Obligations will be paid strictly in accordance with the terms of the Loan Documents and other agreements to which FiberMark Durable is a party, regardless of any Law now or hereafter in effect in any jurisdiction affecting any such terms or the rights of any Lender Party with respect thereto. The obligations and liabilities of each FiberMark Durable Guarantor under this guaranty shall be absolute and unconditional irrespective of: (1) any lack of validity or enforceability of any of the FiberMark Durable Obligations, any Loan Document, or any agreement or instrument relating thereto; (2) any change in the time, manner or place of payment of, or in any other term in respect of, all or any of the FiberMark Durable Obligations, or any other amendment or waiver of or consent to any departure from any Loan Document or any other documents or instruments executed in connection with or related to FiberMark Durable Obligations; (3) any exchange or release of, or non-perfection of any Lien on or in, any Collateral, or any release or amendment or waiver of or consent to any departure from any other guaranty, for all or any of the FiberMark Durable Obligations; or (4) any other circumstances which might otherwise constitute a defense available to, or a discharge of, FiberMark Durable or any guarantor in respect of FiberMark Durable Obligations or the FiberMark Durable Guarantors in respect of this guaranty. This FiberMark Durable Guaranty is a continuing guaranty and shall remain in full force and effect until: (1) the payment in full and indefeasible satisfaction of all FiberMark Durable Obligations (after the Revolving Credit Termination Date), and (2) the payment of the other expenses to be paid by FiberMark Durable pursuant hereto. This FiberMark Durable Guaranty shall continue to be effective or shall be reinstated, as the case may be, if at any time any payment, or any part thereof, of any of the FiberMark Durable Obligations is rescinded or must otherwise be returned by any Lender Party upon the insolvency, bankruptcy, dissolution, liquidation or reorganization of FiberMark Durable or any Guarantor or otherwise, all as though such payment had not been made. The obligations and liabilities of FiberMark Durable and each FiberMark Durable Guarantor under this FiberMark Durable Guaranty shall not be conditioned or contingent upon the pursuit by any Lender or any oth...