Common use of Liability of Guarantors Absolute Clause in Contracts

Liability of Guarantors Absolute. Each Guarantor agrees that, to the maximum extent permitted by applicable law, its obligations hereunder are irrevocable, absolute, independent and unconditional and shall not be affected by any circumstance which constitutes a legal or equitable discharge of a Guarantor or surety other than Payment in Full of the applicable Guaranteed Obligations. In furtherance of the foregoing and without limiting the generality thereof, each Guarantor agrees, to the maximum extent permitted by applicable law, as follows:

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (Phillips Van Heusen Corp /De/), Credit and Guaranty Agreement (Phillips Van Heusen Corp /De/)

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Liability of Guarantors Absolute. Each Guarantor agrees that, to the maximum extent permitted by applicable law, that its obligations hereunder are irrevocable, absolute, independent and unconditional and shall not be affected by any circumstance which constitutes a legal or equitable discharge of a Guarantor guarantor or surety other than Payment payment in Full full of the applicable Guaranteed Obligations or Guaranteed Canadian Obligations, as the case may be. In furtherance of the foregoing and without limiting the generality thereof, each Guarantor agrees, to the maximum extent permitted by applicable law, agrees as follows:

Appears in 1 contract

Samples: Revolving Credit and Guaranty Agreement (Xerium Technologies Inc)

Liability of Guarantors Absolute. Each Guarantor agrees that, to the maximum extent permitted by applicable law, that its obligations hereunder are irrevocable, absolute, independent and unconditional and shall not be affected by any circumstance which constitutes a legal or equitable discharge of a Guarantor guarantor or surety other than Payment payment in Full full of the applicable Guaranteed Obligations, in each case, subject to Debtor Relief Laws. In furtherance of the foregoing and without limiting the generality thereof, each Guarantor agrees, to the maximum extent permitted by applicable law, agrees as follows:

Appears in 1 contract

Samples: Revolving Credit and Guaranty Agreement (BJ Services, Inc.)

Liability of Guarantors Absolute. Each Guarantor agrees that, to the maximum extent permitted by applicable law, that its obligations hereunder are irrevocable, absolute, independent and unconditional and shall not be affected by any circumstance which constitutes a legal or equitable discharge of a Guarantor or surety other than Payment in Full of the applicable Guaranteed Obligations. In furtherance of the foregoing and without limiting the generality thereof, each Guarantor agrees, to the maximum extent permitted by applicable law, as follows:159

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Grifols SA)

Liability of Guarantors Absolute. Each Guarantor agrees that, to the maximum extent permitted by applicable law, its obligations hereunder are irrevocable, absolute, independent and unconditional and shall not be affected by any circumstance which constitutes a legal or equitable discharge of a Guarantor or surety other than Payment in Full of the applicable Guaranteed Obligations. In furtherance of the foregoing and without limiting the generality thereof, each Guarantor agrees, to the maximum extent permitted by applicable law, as follows:NY\5627635.16

Appears in 1 contract

Samples: Credit and Guaranty Agreement (PVH Corp. /De/)

Liability of Guarantors Absolute. Each Guarantor agrees that, to the maximum extent permitted by applicable law, that its obligations hereunder are irrevocable, absolute, independent and unconditional and shall not be affected by any circumstance which constitutes a legal or equitable discharge of a Guarantor guarantor or surety other than Payment payment in Full full of the applicable Guaranteed Obligations. In furtherance of the foregoing and without limiting the generality thereof, each Guarantor agrees, to the maximum extent permitted by applicable law, as follows:Guaranteed

Appears in 1 contract

Samples: First Lien Credit and Guaranty Agreement (Telvent Git S A)

Liability of Guarantors Absolute. Each Guarantor agrees that, to the maximum extent permitted by applicable law, that its obligations hereunder are irrevocable, absolute, independent and unconditional and shall not be affected by any circumstance which that constitutes a legal or equitable discharge of a Guarantor guarantor or surety other than Payment payment in Full full of the applicable Guaranteed Obligations. In furtherance of the foregoing and without limiting the generality thereof, each Guarantor agrees, to the maximum extent permitted by applicable law, agrees as follows:

Appears in 1 contract

Samples: Revolving Credit and Guaranty Agreement (Compass, Inc.)

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Liability of Guarantors Absolute. Each Guarantor agrees that, to the maximum extent permitted by applicable law, that its obligations hereunder are irrevocable, absolute, independent and unconditional and and, to the extent permitted by applicable law, shall not be affected by any circumstance which constitutes a legal or equitable discharge of a Guarantor or surety other than Payment in Full of the applicable Guaranteed Obligations. In furtherance of the foregoing and without limiting the generality thereof, each Guarantor agrees, to the maximum extent permitted by applicable law, as follows:guarantor or

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Priority Technology Holdings, Inc.)

Liability of Guarantors Absolute. Each Guarantor agrees that, to the maximum extent permitted by applicable law, that its obligations hereunder are irrevocable, absolute, independent and unconditional and shall not be affected by any circumstance which constitutes a legal or equitable discharge of a Guarantor guarantor or surety other than Payment payment in Full full of the applicable Guaranteed ObligationsObligations (other than contingent indemnity obligations not then due and payable) or valid release of a Guarantor in accordance with the Credit Documents. In furtherance of the foregoing and without limiting the generality thereof, each Guarantor agrees, to the maximum extent permitted by applicable law, agrees as follows:

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Solera Holdings, Inc)

Liability of Guarantors Absolute. Each Guarantor agrees that, to the maximum extent permitted by applicable law, that its obligations hereunder are irrevocable, absolute, independent and unconditional and shall not be affected by any circumstance which that constitutes a legal or equitable discharge of a Guarantor guarantor or surety other than Payment in Full of the applicable Guaranteed Obligations. In furtherance of the foregoing and without limiting the generality thereof, each Guarantor agrees, to the maximum extent permitted by applicable law, agrees as follows:

Appears in 1 contract

Samples: Credit and Guaranty Agreement (REVA Medical, Inc.)

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