Common use of Guarantor’s Additional Covenants Clause in Contracts

Guarantor’s Additional Covenants. The liability of Guarantor hereunder shall not be impaired, abated, deferred, diminished, modified, released, terminated or discharged, in whole or in part, or otherwise affected, by any event, condition, occurrence, circumstance, proceeding, action or failure to act, with or without notice to, or the knowledge or consent of, Guarantor, including, without limitation: a. any amendment, modification or extension of the Agreement or any Guaranteed Obligation; b. any extension of time for performance, whether in whole or in part, of any Guaranteed Obligation given prior to or after default thereunder; c. any exchange, surrender or release, in whole or in part, of any security that may be held by Buyer at any time under the Agreement; d. any other guaranty now or hereafter executed by Guarantor or anyone else; e. any waiver of or assertion or enforcement or failure or refusal to assert or enforce, in whole or in part, any Guaranteed Obligation, claim, cause of action, right or remedy which Buyer may, at any time, have under the Agreement or with respect to any guaranty or any security which may be held by Buyer at any time for or under the Agreement or with respect to the Seller; f. any act or omission or delay to do any act by Buyer which may in any manner or to any extent vary the risk of Guarantor or which would otherwise operate as a discharge of Guarantor as a matter of law; g. the release of any other guarantor from liability for the performance or observance of any Guaranteed Obligation, whether by operation of law or otherwise; h. the failure to give Guarantor any notice whatsoever; i. any right, power or privilege that Buyer may now or hereafter have against any person, entity or collateral.

Guarantor’s Additional Covenants. The liability of Guarantor hereunder shall not be impaired, abated, deferred, diminished, modified, released, terminated or discharged, in whole or in part, or otherwise affected, by any event, condition, occurrence, circumstance, proceeding, action or failure to act, with or without notice to, or the knowledge or consent of, Guarantor, including, without limitation: a. any amendment, modification or extension of the Agreement or any Guaranteed Obligation; b. any extension of time for performance, whether in whole or in part, of any Guaranteed Obligation given prior to or after default thereunder; c. any exchange, surrender or release, in whole or in part, of any security that may be held by Buyer at any time under the Agreement; d. any other guaranty now or hereafter executed by Guarantor or anyone else; e. any waiver of or assertion or enforcement or failure or refusal to assert or enforce, in whole or in part, any Guaranteed Obligation, claim, cause of action, right or remedy which Buyer may, at any time, have under the Agreement or with respect to any guaranty or any security which may be held by Buyer at any time for or under the Agreement or with respect to the Seller; f. any act or omission or delay to do any act by Buyer which may in any manner or to any extent vary the risk of Guarantor or which would otherwise operate as a discharge of Guarantor as a matter of law; g. the release of any other guarantor from liability for the performance or observance of any Guaranteed Obligation, whether by operation of law or otherwise; h. the failure to give Guarantor any notice whatsoever; ; i. any right, power or privilege that Buyer may now or hereafter have against any person, entity or collateral.

Guarantor’s Additional Covenants. The liability of Guarantor hereunder shall not be impaired, abated, deferred, diminished, modified, released, terminated or discharged, in whole or in part, or otherwise affected, by any event, condition, occurrence, circumstance, proceeding, action or failure to act, with or without notice to, or the knowledge or consent of, Guarantor, including, without limitation: a. any amendment, modification or extension of the Agreement or any Guaranteed Obligation; b. any extension of time for performance, whether in whole or in part, of any Guaranteed Obligation given prior to or after default thereunder; c. any exchange, surrender or release, in whole or in part, of any security that may be held by Buyer at any time under the Agreement; d. any other guaranty now or hereafter executed by Guarantor or anyone else; e. any waiver of or assertion or enforcement or failure or refusal to assert or enforce, in whole or in part, any Guaranteed Obligation, claim, cause of action, right or remedy which Buyer may, at any time, have under the Agreement or with respect to any guaranty or any security which may be held by Buyer at any time for or under the Agreement or with respect to the Seller; f. any act or omission or delay to do any act by Buyer which may in any manner or to any extent vary the risk of Guarantor or which would otherwise operate as a discharge of Guarantor as a matter of law; g. the release of any other guarantor from liability for the performance or observance of any Guaranteed Obligation, whether by operation of law or otherwise; h. the failure to give Guarantor any notice whatsoever; i. any right, power or privilege that Buyer may now or hereafter have against any person, entity or collateral.

Guarantor’s Additional Covenants. The liability of Guarantor hereunder shall not be impaired, abated, deferred, diminished, modified, released, terminated or discharged, in whole or in part, or otherwise affected, by any event, condition, occurrence, circumstance, proceeding, action or failure to act, with or without notice to, or the knowledge or consent of, Guarantor, including, without limitation: : a. b. any amendment, modification or extension of the Agreement or any Guaranteed Obligation; b. ; any extension of time for performance, whether in whole or in part, of any Guaranteed Obligation given prior to or after default thereunder; c. ; any exchange, surrender or release, in whole or in part, of any security that may be held by Buyer at any time under the Agreement; d. ; any other guaranty now or hereafter executed by Guarantor or anyone else; ; c. d. e. any waiver wa iver of or assertion or enforcement or failure or refusal to assert or enforceenfor ce, in whole or in part, any Guaranteed Obligation, claim, cause of action, right or remedy which Buyer may, at any time, have under the Agreement or with respect to any guaranty or any security which may be held by Buyer at any time for or under the Agreement or with respect to the Seller; f. ; any act or omission or delay to do any act by Buyer which may in any manner or to any extent vary the risk of Guarantor or which would otherwise operate as a discharge of Guarantor as a matter of law; g. ; the release of any other guarantor from liability for the performance or observance of any Guaranteed Obligation, whether by operation of law or otherwise; h. ; the failure to give Guarantor any notice whatsoever; i. ; any right, power or privilege that Buyer may now or hereafter have against any person, entity or collateral.. f. g. h. i. Velocity Group USA Inc. (11182019176639) 18