Common use of Liability of Guarantor Unconditional Clause in Contracts

Liability of Guarantor Unconditional. This Guaranty is a guaranty of payment and not merely of collection. The Guarantor’s liability under this Guaranty is absolute and unconditional and shall not be limited, diminished or affected by the happening from time to time of any event, including (but not limited to) any event described in paragraph 1 of this Guaranty and any of the following events, whether or not any such event occurs with notice to or with the consent of the Guarantor or once or more than once:

Appears in 3 contracts

Samples: Guaranty and Subordination Agreement (DecisionPoint Systems, Inc.), Credit Agreement (Best Buy Co Inc), Guaranty and Subordination Agreement (Best Buy Co Inc)

AutoNDA by SimpleDocs

Liability of Guarantor Unconditional. This Guaranty is a guaranty of payment and not merely of collection. The Guarantor’s 's liability under this Guaranty is absolute and unconditional and shall not be limited, diminished or affected by the happening from time to time of any event, including (but not limited to) any event described in paragraph 1 of this Guaranty and any of the following events, whether or not any such event occurs with notice to or with the consent of the Guarantor or once or more than once:

Appears in 3 contracts

Samples: Guaranty and Subordination Agreement (Consolidated Envirowaste Industries Inc), Guaranty and Subordination Agreement (Consolidated Envirowaste Industries Inc), Guaranty and Subordination Agreement (Consolidated Envirowaste Industries Inc)

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