Common use of Independent Guaranteed Obligations Clause in Contracts

Independent Guaranteed Obligations. The obligations of Guarantor hereunder are undertaken as primary obligor and independently of, the obligations of Borrower or any other Person, and action or actions may be brought or prosecuted directly against Guarantor whether or not action is brought first or at all against Borrower or any other Person, against any collateral security or any other circumstance whatsoever, and whether or not Borrower or any other Person is joined in any such action or actions, or any claims or demands are made or are not made, or any action is taken on or against Borrower or any other Person or any collateral security or otherwise.

Appears in 3 contracts

Samples: Loan and Aircraft Security Agreement (World Wrestling Entertainmentinc), Guaranty (Primoris Services Corp), Guaranty (Primoris Services CORP)

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Independent Guaranteed Obligations. The obligations of Guarantor hereunder are undertaken as primary obligor and independently of, the obligations of Borrower or any other Person, and action or actions may be brought or prosecuted directly against Guarantor whether or not action is brought first or at all against Borrower or any other Person, against any collateral security or any other circumstance whatsoever, and whether or not Borrower or any other Person is joined in any such action or actions, or any claims or demands are made or are not made, or any action is taken on or against Borrower or any other Person or any collateral security or otherwise. Section 8.

Appears in 1 contract

Samples: Loan and Aircraft Security Agreement Loan and Aircraft Security Agreement

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