Common use of Liability of Guarantor Absolute Clause in Contracts

Liability of Guarantor Absolute. Guarantor agrees that its obligations hereunder are irrevocable, absolute, independent and unconditional and will not be affected by any circumstance that constitutes a legal or equitable discharge of a guarantor or surety other than payment in full of the Guarantied Obligations. In furtherance of the foregoing and without limiting the generality thereof, Guarantor agrees as follows:

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Golf Trust of America Inc), Purchase and Sale Agreement (Golf Trust of America Inc)

AutoNDA by SimpleDocs

Liability of Guarantor Absolute. Guarantor agrees that its obligations ------------------------------- hereunder are irrevocable, absolute, independent and unconditional and will shall not be affected by any circumstance that which constitutes a legal or equitable discharge of a guarantor or surety other than payment in full of the Guarantied Obligations. In furtherance of the foregoing and without limiting the generality thereof, Guarantor agrees as follows:

Appears in 1 contract

Samples: Diamond Brands Operating Corp

Liability of Guarantor Absolute. Parent Guarantor agrees that its obligations hereunder are irrevocable, absolute, independent and unconditional and will shall not be affected by any circumstance that which constitutes a legal or equitable discharge of a guarantor or surety other than indefeasible payment in full of the Guarantied Obligations. In furtherance of the foregoing and without limiting the generality thereof, Guarantor agrees as follows:

Appears in 1 contract

Samples: Credit Agreement (Stormedia Inc)

AutoNDA by SimpleDocs

Liability of Guarantor Absolute. Guarantor agrees that its obligations hereunder are irrevocable, absolute, independent and unconditional and will shall not be affected by any circumstance that which constitutes a legal or equitable discharge of a guarantor or surety other than payment in full of the Guarantied ObligationsGuaranteed Amount. In furtherance of the foregoing and without limiting the generality thereof, Guarantor agrees as follows:

Appears in 1 contract

Samples: Limited Guarantee Agreement (Flag Telecom Holdings LTD)

Time is Money Join Law Insider Premium to draft better contracts faster.