Common use of Guarantor’s Covenants Clause in Contracts

Guarantor’s Covenants. The liability of the Guarantor 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 the Guarantor, including, without limitation: a. any amendment, modification or extension of the Agreement or any Obligation; b. any extension of time for performance, whether in whole or in part, of any 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 the Purchaser at any time under the Agreement; d. any other guaranty in existence now or which may be executed by the Guarantor or any other third-party affiliated to the Seller; e. any waiver of or assertion or enforcement or failure or refusal to assert or enforce, in whole or in part, any Obligation, claim, cause of action, right or remedy which the Purchaser may, at any time, have under the Agreement or with respect to any guaranty or any security which may be held by the Purchaser at any time for or under this Agreement or with respect to the Seller; f. any act, omission or delay by the Purchaser which may in any manner or to any extent vary the risk of the Guarantor or which would otherwise operate as a discharge the Guarantor as a matter of law; g. the release of any other guarantor from liability for the performance or observance of any Obligation, whether by operation of law or otherwise; h. the failure to give the Guarantor any notice whatsoever; or i. any right, power or privilege that the Purchaser may now or hereafter have against any person, entity or collateral in relation to this Agreement.

Guarantor’s Covenants. The liability of the Guarantor 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 the Guarantor, including, without limitation: a. any amendment, modification or extension of the Agreement or any Obligation; b. any extension ex tension of time for performance, whether in whole or in part, of any Obligation given prior to or after default de fault thereunder;: c. any exchange, surrender or release, in whole or in part, of any security that may be held by the Purchaser at any time under the Agreement; d. any other guaranty in existence now or which may be executed by the Guarantor or any other third-party p arty affiliated to the Seller; e. any waiver of or assertion or enforcement or failure or refusal to assert or enforce, in whole or in part, any Obligation, claim, cause of action, right or remedy which the Purchaser may, at any time, have under the Agreement or with respect to any guaranty guaran ty or any security which may be held by the Purchaser at any time for or under this Agreement or ·with respect to the Seller; f. ; any act, omission or delay by the Purchaser Purchase r which may in any manner or to any extent vary the risk of the Guarantor or which would otherwise operate as a discharge the Guarantor as a matter of law; g. the release of any other guarantor from liability for the performance or observance of any Obligation, whether by operation of law or otherwise; h. the failure to give the Guarantor any notice whatsoever; or i. any right, power or privilege that the Purchaser may now or hereafter have against any person, entity or collateral in relation to this Agreement.

Guarantor’s Covenants. The liability of the Guarantor 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 the Guarantor, including, without limitation: a. any amendment, modification or extension of the Agreement or any Obligation; b. any extension of time for performance, whether in whole or in part, of any 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 the Purchaser at any time under the Agreement; d. any other guaranty in existence now or which may be executed by the Guarantor or any other third-party affiliated to the Seller; e. any waiver of or assertion or enforcement or failure or refusal to assert or enforce, in whole or in part, any Obligation, claim, cause of action, right or remedy which the Purchaser may, at any time, have under the Agreement or with respect to any guaranty or any security which may be held by the Purchaser at any time for or under this Agreement or with respect to the Seller; f. any act, omission or delay by the Purchaser which may in any manner or to any extent vary the risk of the Guarantor or which would otherwise operate as a discharge the Guarantor as a matter of law; g. the release of any other guarantor from liability for the performance or observance of any Obligation, whether by operation of law or otherwise; h. the failure to give the Guarantor any notice whatsoever; or i. any right, power or privilege that the Purchaser may now or hereafter have against any person, entity or collateral in relation to this Agreement.Agreement Owner(s)/Guarantor(s) Initials [______]