Guaranty Irrevocable. This guaranty is irrevocable, unconditional and absolute, irrespective of any circumstances which might otherwise constitute a legal or equitable discharge or defense to, or by ASFC, and the failure of ASFC to observe or perform any of the provisions or covenants contained in this Agreement or other instruments relative to this Agreement shall constitute a default under this guaranty and under this Agreement.
Appears in 6 contracts
Samples: Participation Agreement (American States Financial Corp), Participation Agreement (American States Financial Corp), Participation Agreement (American States Financial Corp)
