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)
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)
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)