GUARANTOR’S LIABILITY. The liability of the Guarantor under this Agreement: 15.5.1 shall not be released or diminished by any variation of the terms of the Guaranteed Obligations, or any forbearance, neglect or delay in seeking, performance of the Guaranteed Obligations or any granting of time for such performance; and 15.5.2 shall not be affected or impaired by reason of any other fact or event which in the absence of this provision would or might constitute or afford a legal or equitable discharge or release or a defence to a guarantor.
Appears in 2 contracts
Samples: Share Purchase Agreement, Share Purchase Agreement (MWI Veterinary Supply, Inc.)
GUARANTOR’S LIABILITY. The liability of the Guarantor under this Agreement:
15.5.1 Section 5: (i) shall not be released or diminished by any variation of the terms of the Guaranteed Obligations, or any forbearance, neglect or delay in seeking, seeking performance of the Guaranteed Obligations or any granting of time for such performance; and
15.5.2 and (ii) shall not be affected or impaired by reason of any other fact or event which in the absence of this provision would or might constitute or afford a legal or equitable discharge or release or a defence to a guarantor.
Appears in 2 contracts
Samples: Convertible Note Purchase Agreement (RF Acquisition Corp.), Convertible Note Purchase Agreement (RF Acquisition Corp.)
