Common use of Guaranty Absolute, etc Clause in Contracts

Guaranty Absolute, etc. This Guaranty shall in all respects be a continuing, absolute, unconditional and irrevocable guaranty of payment, and shall remain in full force and effect until all Obligations of the Borrower have been paid in full, all obligations of each Guarantor hereunder shall have been paid in full and all Revolving Commitments and Letters of Credit shall have terminated. Each Guarantor guarantees that the Obligations of the Borrower will be paid strictly in accordance with the terms of the Credit Agreement and each other Loan Document under which they arise, regardless of any law, regulation or order now or hereafter in effect in any jurisdiction affecting any of such terms or the rights of any Lender Party or any holder of any Note with respect thereto. The liability of each Guarantor under this Guaranty shall be absolute, unconditional and irrevocable irrespective of: (a) any lack of validity, legality or enforceability of the Credit Agreement, any Note, any Letter of Credit or any other Loan Document; (b) the failure of any Lender Party or any holder of any Note

Guaranty Absolute, etc. This Guaranty shall in all ---------------------- respects be a continuing, absolute, unconditional and irrevocable guaranty of paymentpayment and performance, and shall remain in full force and effect until all Obligations of the Borrower Lessee have been paid in fullfull or performed, and all obligations of each the Guarantor hereunder shall have been paid in full and all Revolving Commitments and Letters of Credit shall have terminatedfull. Each Guarantor guarantees that the Obligations of the Borrower Lessee will be paid and performed strictly in accordance with the terms of the Credit Lease or the Consent Agreement and each other Loan Document or Second Consent Agreement under which they arise, regardless of any law, regulation or order now or hereafter in effect in any jurisdiction affecting any of such terms or the rights of any Lender Party or any holder of any Note Lessor with respect thereto. The liability of each Guarantor under this Guaranty shall be absolute, unconditional and irrevocable irrespective of, and Guarantor hereby waives: (a) any defense based upon any lack of validity, legality or enforceability of either of the Credit Agreement, any Note, any Letter of Credit or any other Loan DocumentLeases; (b) any defense based upon the failure of any Lender Party or any holder Lessor (i) to give notice to Guarantor of the occurrence of any Notedefault by Lessee under the terms of either of the Leases or the Consent Agreement or Second Consent Agreement,

Guaranty Absolute, etc. This Guaranty shall in all respects be a continuing, absolute, unconditional and irrevocable guaranty of payment, and shall remain in full force and effect until all Obligations of the Borrower have been paid in full, all obligations of each Guarantor hereunder shall have been paid in full full, and all Revolving Commitments and Letters of Credit shall have terminated. Each Guarantor guarantees that the Obligations of the Borrower will be paid strictly in accordance with the terms of the Credit Agreement and each other Loan Document under which they arise, regardless of any law, regulation or order now or hereafter in effect in any jurisdiction affecting any of such terms or the rights of any Lender Party or any holder of any Note with respect thereto. The liability of each Guarantor under this Guaranty shall be absolute, unconditional and irrevocable irrespective of: (a) any lack of validity, legality or enforceability of the Credit Agreement, any Note, any Letter of Credit Agreement or any other Loan Document; (b) the failure of any Lender Party or any holder of any NoteParty,