LIABILITY IRREVOCABLE AND CONTINUING Clause Samples

LIABILITY IRREVOCABLE AND CONTINUING. The liability of each Guarantor under this Agreement shall constitute an irrevocable and continuing offer and agreement guaranteeing payment of any and all Guaranteed Obligations and granting indemnification and subordination as herein set forth and shall extend to all Guaranteed Obligations and indemnified matters and Subordinated Liabilities whether now outstanding or created or incurred at any future time, whether or not created or incurred pursuant to any agreement presently in effect or hereafter made, until Discharge of the Credit Agreement. To the extent any contingent Obligation survives the expiration or termination of the Loan Documents and the repayment of the Obligations that are then due, each Guarantor's liability under this Agreement shall likewise survive.