Common use of Independent and Separate Obligations Clause in Contracts

Independent and Separate Obligations. The obligation of Guarantor hereunder is independent of the obligation of Borrower and, in the event of any default hereunder, a separate action or actions may be brought and prosecuted against Guarantor whether or not Guarantor is the alter ego of Borrower and whether or not Borrower is joined therein or a separate action or actions are brought against Borrower. Lender’s rights hereunder shall not be exhausted until all of the Guaranteed Obligation has been fully paid and performed.

Independent and Separate Obligations. The obligation obligations of Guarantor hereunder is are independent of the obligation obligations of Borrower Tenant under the Lease and, in the event of any default hereunder, a separate action or actions may be brought and prosecuted against Guarantor whether or not Guarantor is the alter ego of Borrower Tenant and whether or not Borrower Tenant is joined therein or a separate action or actions are brought against BorrowerTenant. LenderLandlord’s rights hereunder shall not be exhausted until all of the Guaranteed Obligation has Obligations have been fully paid and performed.

Independent and Separate Obligations. The obligation of Guarantor hereunder is independent of the obligation of Borrower and, in the event of any default hereunder, a separate action or actions may be brought and prosecuted against Guarantor whether or not Guarantor is the alter ego of Borrower and whether or not Borrower is joined therein or a separate action or actions are brought against Borrower. Lender’s The rights of the Lenders hereunder shall not be exhausted until all of the Guaranteed Obligation has Obligations have been fully paid and performed.

Independent and Separate Obligations. The obligation obligations of Guarantor hereunder is are independent of the obligation obligations of Borrower Buyer with respect to all or any part of the Guaranteed Obligations and, in the event of any default hereunder, a separate action or actions may be brought and prosecuted against Guarantor whether or not any other such obligations exist, whether or not Guarantor is the alter ego of Borrower Buyer and whether or not Borrower Buyer is joined therein or a separate action or actions are brought against Borrower. Lender’s rights hereunder shall not be exhausted until all of the Guaranteed Obligation has been fully paid and performedBuyer.

Independent and Separate Obligations. The obligation of Guarantor hereunder is independent of the obligation of Borrower and, in the event of any default hereunder, a separate action or actions may be brought and prosecuted against Guarantor whether or not Guarantor is the alter ego of Borrower and whether or not Borrower is joined therein or a separate action or actions are brought against Borrower. Lender’s 's rights hereunder shall not be exhausted until all of the Guaranteed Obligation has Obligations have been fully paid and performed.