Common use of Guarantor Default Clause in Contracts

Guarantor Default. If Guarantor shall default in the timely performance of its obligations under this Guaranty and such default shall be continuing, the Lender may proceed to protect and enforce its rights by action at law, suit in equity or other appropriate proceeding, whether for specific performance of any covenant contained in this Guaranty or in aid of the exercise of any power granted herein, or otherwise.

Appears in 12 contracts

Samples: Guaranty (MIT Holding, Inc.), Guaranty (MIT Holding, Inc.), Guaranty (MIT Holding, Inc.)

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