Independent Guarantee. The Guarantor shall, at the request of the Borrower, issue this Guarantee and hereby undertakes to pay such amount within the Guarantee Amount as specified in the Payment Claim to the Original Lender if the Borrower fails to fulfill the Secured Obligations (or to pay such amount to the Credit Agent for distribution among the Lenders after assignment of rights (claims) under the Independent Guarantee Issue Agreement and this Guarantee in accordance with Article 5.2 (Transfer of Rights by the Lenders)), regardless of the validity of the Loan Agreement, the Secured Obligations, as well as relations between the Guarantor and the Borrower, and other obligations.
Independent Guarantee. The Guarantor shall, at the request of the Borrower, issue a Guarantee and hereby undertakes to pay such amount within the Guarantee Amount as specified in the Payment Claim to the Original Lender (or to pay such amount to the Credit Agent for distribution
Independent Guarantee. At the Borrower’s request, the Guarantor issues this Guarantee and hereby undertakes the obligation to pay, should the Borrower fail to perform the Secured Obligations, the Initial Lender (or after the rights (claims) have been assigned under this Guarantee in accordance with Article 5.2 (Transfer of rights by the Lenders) — the Facility Manager for allocation among the Lenders) an amount within the Guarantee Amount specified in the Payment Demand, irrespective of the validity of the Facility Agreement or of the Secured Obligations and the relationships between the Guarantor and the Borrower or other obligations.
Independent Guarantee. To the fullest extent permitted by law, the Parties hereto the Contract specifically agree as follows: the validity of the Contract is independent of the main contract, and shall not be affected by the invalidity of the main contract or its relevant provisions. Provided that the Chattel Mortgage Registration Certificate and/or other original document of mortgage registration certification of the mortgage property under the Contract is delivered to the Mortgagee and/or the person appointed by the Mortgagee, the Contract shall be legally valid upon both parties.
Independent Guarantee. At the Borrowers’ request, the Guarantor issues the Guarantee and hereby undertakes, in the event that any of the Borrowers fails to perform any of the Secured Obligations, to pay the Initial Lender (or, following the assignment of rights (claims) under this Agreement and the Guarantee in accordance with Article 9.2 (Transfer of Rights by the Lenders), the Facility Manager for allocation between the Lenders) an amount, up to the Guarantee Amount, specified in the Payment Demand, whether the Facility Agreement and the Secured Obligations are valid or not and irrespective of the relationships between the Guarantor and any of the Borrowers and other obligations.
Independent Guarantee. The Sellers hereby guarantee to the Purchaser by means of an independent guarantee (selbststandiges Garantieversprechen) within the meaning of Section 311 para. 1 of the German Civil Code (Burgerliches Gesetzbuch - BGB; hereinafter also referred to as "BGB") that the following statements are correct as of the date of the signing of this Agreement and as of the Closing Date, unless a different relevant date is expressly stated in one of the following statements:
Independent Guarantee. The provision of the Quantum Share Pledge by Quantum to Chery or the exercise of Chery of its rights under the Quantum Share Pledge shall not in any way affect the obligations of Kxxxx under the Kxxxx Guarantee as amended and reduced by this Release Agreement.
Independent Guarantee. To the fullest extent permitted by law, the Parties hereto the Contract specifically agree as follows: the validity of the Contract is independent of the main contract, and shall not be affected by the invalidity of the main contract or its relevant provisions. Provided that the Chattel Mortgage Registration Certificate and/or other original document of mortgage registration certification of the mortgage property under the Contract is delivered to the Mortgagee and/or the person appointed by the Mortgagee, the Contract shall be legally valid upon both parties. The Hongri (as the Borrower) shall take returning responsibility or compensate responsibility if the Main contract becomes invalid, whereas the Hongrong shall take the joint liability.
Independent Guarantee. The Purchaser warrants to the Sellers in the form of an independent guarantee pursuant to Section 311 para. 1 BGB that the statements set forth hereafter are true and correct:
Independent Guarantee. 16.1 This Guarantee shall be in addition to any other guarantee or other security given by or on behalf of the UK Borrower, any other Guarantor or otherwise which the Secured Parties and/or the Administrative Agent may now or hereafter hold and shall be binding on each Guarantor notwithstanding that any other Person who has also been requested by the Secured Parties and/or the Administrative Agent to guarantee or give security for the guaranteed Obligations shall fail to give such guarantee or security or shall be released from any guarantee or security given by it or them.
