Guarantor’s Obligations Unconditional. (a) This Guaranty is an absolute and unconditional guaranty of payment and of performance, and not of collection, and shall be enforceable against Guarantor without the necessity of the commencement by Landlord of any Action against Tenant, and without the necessity of any notice to Guarantor of nonpayment, nonperformance or nonobservance by Tenant, or any notice of acceptance of this Guaranty, or of any other notice or demand to which Guarantor might otherwise be entitled, all of which Guarantor hereby expressly waives in advance. The obligations of Guarantor hereunder are independent of the obligations of Tenant.
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Samples: www.sec.gov, Guaranty of Lease (KAR Holdings, Inc.), Guaranty of Lease (KAR Holdings, Inc.)
Guarantor’s Obligations Unconditional. (a) This Guaranty is an absolute and unconditional guaranty of payment and of performance, and not of collection, and shall be enforceable against Guarantor without the necessity of the commencement by Landlord of any Action against Tenant, and without the necessity of any notice to Guarantor of nonpayment, nonperformance or nonobservance by Tenantnonobservance, or any notice of acceptance of this Guaranty, or of any other notice or demand to which Guarantor might otherwise be entitled, all of which Guarantor hereby expressly waives in advance, other than as expressly required under the Lease. The obligations of Guarantor hereunder are independent of of, and to the extent expressly set forth in this Guaranty may exceed, the obligations of Tenant.
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Samples: Master Lease (Newcastle Investment Corp), Guaranty of Lease (Newcastle Investment Corp)
Guarantor’s Obligations Unconditional. (a) This Guaranty is an absolute and unconditional guaranty of payment and of performance, and not of collection, and shall be enforceable against Guarantor without the necessity of the commencement by Landlord of any Action against TenantTenant or any additional guarantor, and without the necessity of any notice to Guarantor of nonpayment, nonperformance or nonobservance by Tenantnonobservance, or any notice of acceptance of this Guaranty, or of any other notice or demand to which Guarantor might otherwise be entitled, all of which Guarantor hereby expressly waives in advance. The obligations of Guarantor hereunder are independent of the obligations of Tenant.
Appears in 2 contracts
Samples: Guaranty of Master Lease (CareTrust REIT, Inc.), Guaranty of Master Lease (CareTrust REIT, Inc.)
Guarantor’s Obligations Unconditional. (a) This Guaranty is an absolute and unconditional guaranty of payment and of performance, and not of collection, and shall be enforceable against Guarantor without the necessity of the commencement by Landlord of any Action against Tenant, and without the necessity of any notice to Guarantor of nonpayment, nonperformance or nonobservance by Tenantnonobservance, or any notice of acceptance of this Guaranty, or of any other notice or demand to which Guarantor might otherwise be entitled, all of which Guarantor hereby expressly waives in advance. The obligations of Guarantor hereunder are independent of the obligations of Tenant.
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Guarantor’s Obligations Unconditional. (a) This Guaranty is an absolute and unconditional guaranty of payment and of performance, and not of collection, and shall be enforceable against Guarantor without the necessity of the commencement by Landlord Lessor of any Action against TenantLessee, and without the necessity of any notice to Guarantor of nonpayment, nonperformance or nonobservance by Tenantnonobservance, or any notice of acceptance of this Guaranty, or of any other notice or demand to which Guarantor might otherwise be entitled, all of which Guarantor hereby expressly waives in advance, other than as expressly required under the Lease. The obligations of Guarantor hereunder are independent of of, and to the extent expressly set forth in this Guaranty may exceed, the obligations of TenantLessee.
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Samples: Guaranty of Lease (Four Corners Property Trust, Inc.)
Guarantor’s Obligations Unconditional. (a) This Guaranty is an absolute and unconditional guaranty of payment and of performance, and not of collection, and shall be enforceable against Guarantor without the necessity of the commencement by Landlord of any Action against Tenant, and without the necessity of any notice to Guarantor of nonpayment, nonperformance or nonobservance by Tenantnonobservance, or any notice of acceptance of this Guaranty, or of any Exhibit 10.3 other notice or demand to which Guarantor might otherwise be entitled, all of which Guarantor hereby expressly waives in advance, other than as expressly required under the Lease. The obligations of Guarantor hereunder are independent of of, and to the extent expressly set forth in this Guaranty may exceed, the obligations of Tenant.
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