Common use of Guarantor Liable as Principal Clause in Contracts

Guarantor Liable as Principal. The Guarantor shall be liable to the Trustee and the Holders as principal debtor and not as surety only, and will not plead or assert to the contrary in any action taken by the Trustee or the Holders in enforcing this Guarantee.

Appears in 3 contracts

Samples: Indenture (BLACKBERRY LTD), Subscription Agreement (Fairfax Financial Holdings LTD/ Can), Indenture (Fairfax Financial Holdings LTD/ Can)

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Guarantor Liable as Principal. The Guarantor shall be liable to the Trustee and the Holders Investor as principal debtor and not as surety only, and will not plead or assert to the contrary in any action taken by the Trustee or the Holders Investor in enforcing this GuaranteeAgreement.

Appears in 2 contracts

Samples: Guarantee and Indemnity (Lorus Therapeutics Inc), Subscription Agreement (Lorus Therapeutics Inc)

Guarantor Liable as Principal. The Guarantor shall be liable to the Trustee and the Holders as principal debtor and not as surety only, and will not plead or assert to the contrary in any action taken by the Trustee or the Holders in enforcing this GuaranteeAgreement.

Appears in 2 contracts

Samples: Subscription Agreement (Fairfax Financial Holdings LTD/ Can), Guarantee and Indemnity (Archibald Candy Corp)

Guarantor Liable as Principal. The Each Guarantor shall be liable to the Trustee and the Holders Holder as principal debtor and not as surety only, and will not plead or assert to the contrary in any action taken by the Trustee or the Holders Holder in enforcing this Guarantee.

Appears in 1 contract

Samples: Subscription Agreement (Fairfax Financial Holdings LTD/ Can)

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Guarantor Liable as Principal. The Guarantor shall be liable to the Trustee Agent and the Holders Lenders as principal debtor and not as surety only, and will not plead or assert to the contrary in any action taken by the Trustee agent or the Holders Lenders in enforcing this GuaranteeAgreement.

Appears in 1 contract

Samples: Guarantee and Indemnity (Archibald Candy Corp)

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