Common use of Guarantee Terms Clause in Contracts

Guarantee Terms. The Guarantor waives acceptance, demand, notice of acceptance, and all other notices to which it may be entitled. No modification of the Agreement and no indulgence or change in terms of performance under the Agreement shall release the Guarantor from this guarantee. Sxxxxx xxx fail to obtain or continue or perfect or continue the perfection of any security interest or lien in any collateral or release any collateral from any lien or any security interest without reducing or affecting the liability of the Guarantor. Sxxxxx xxx proceed against it for payment of the Guaranteed Obligations under the Agreement without taking any action against UCDP or any other party, or proceeding against or applying any security Sxxxxx xxx hold. The Guarantor consents to be joined as party to any arbitration conducted pursuant to the Agreement and that judgment on any award in any such arbitration may be enforced against the Guarantor in any court of competent jurisdiction.

Guarantee Terms. The Guarantor waives acceptance, demand, notice of acceptance, and all other notices to which it may be entitled. No modification of the Agreement and no indulgence or change in terms of performance under the Agreement shall release the Guarantor from this guarantee. Sxxxxx Xxxxxx xxx fail to obtain or continue or perfect or continue the perfection of any security interest or lien in any collateral or release any collateral from any lien or any security interest without reducing or affecting the liability of the Guarantor. Sxxxxx Xxxxxx xxx proceed against it for payment of the Guaranteed Obligations under the Agreement without taking any action against UCDP or any other party, or proceeding against or applying any security Sxxxxx Xxxxxx xxx hold. The Guarantor consents to be joined as party to any arbitration conducted pursuant to the Agreement and that judgment on any award in any such arbitration may be enforced against the Guarantor in any court of competent jurisdiction.