Common use of Liability Unaffected by Release Clause in Contracts

Liability Unaffected by Release. Subject only to written notice to Guarantor, any other Person liable upon or in respect of any obligation hereby guaranteed, may be released without affecting the liability of Guarantor hereunder.

Appears in 6 contracts

Samples: Guaranty of Payment and Performance (Newtek Business Services Corp.), Guaranty of Payment and Performance (Newtek Business Services Corp.), Guaranty of Payment and Performance (Newtek Business Services Inc)

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Liability Unaffected by Release. Subject only to written notice to Guarantor, any other Person liable upon or in respect of any obligation hereby guaranteed, may be released without affecting the liability of Guarantor hereunder. 25.

Appears in 1 contract

Samples: Guaranty of Payment and Performance (Newtek Business Services Corp.)

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