Common use of Liability unconditional Clause in Contracts

Liability unconditional. The Guarantor acknowledges and agrees that none of the Guaranteed Liabilities shall be reduced, released or otherwise howsoever adversely affected by any circumstances, event, action, matter or thing whatsoever, howsoever arising, including, without limitation: 2.6.1 any renewal, variation, determination or increase in any accommodation or credit given by the Security Trustee to the Borrower; 2.6.2 any time or waiver granted to or composition with the Borrower or any other person; 2.6.3 any variation, extension, release, discharge, compromise, dealing with, exchange or renewal of any right or remedy which the Banks or any of them may now or hereafter have from or against the Borrower and any other person in respect of any of the obligations and liabilities of the Borrower and any other person; 2.6.4 any act or omission by the Security Trustee or any other person in taking up, perfecting or enforcing any security or guarantee from or against the Borrower or any other person; 2.6.5 the administration, insolvency, bankruptcy, liquidation, winding-up, incapacity, limitation, disability or the discharge by operation of law of the Borrower or any change in the constitution, name and style of the Borrower or any other person; or 2.6.6 any invalidity, irregularity, unenforceability, act or omission which might have discharged or affected the liability of the Guarantor had it been a mere surety in respect of the Guaranteed Liabilities or by anything done or omitted by any person which but for this provision might operate to exonerate or discharge the Guarantor or otherwise reduce or extinguish its liability under this Guarantee.

Liability unconditional. The Guarantor acknowledges and agrees that none of the Guaranteed Liabilities shall be reduced, released or otherwise howsoever adversely affected by any circumstances, event, action, matter or thing whatsoever, howsoever arising, including, without limitation: 2.6.1 any renewal, variation, determination or increase in any accommodation or credit given by the Security Trustee Lender to the Borrower; 2.6.2 any time or waiver granted to or composition with the Borrower or any other person; 2.6.3 any variation, extension, release, discharge, compromise, dealing with, exchange or renewal of any anny right or remedy which the Banks or any of them Lender may now or hereafter have from or against the Borrower and any other person in respect of any of the obligations and liabilities of the Borrower and any other person; 2.6.4 any act or omission by the Security Trustee Lender or any other person in taking up, perfecting or enforcing any security or guarantee from or against the Borrower or any other person; 2.6.5 the administration, insolvency, bankruptcy, liquidation, winding-up, incapacity, limitation, disability or the discharge by operation of law of the Borrower or any change in the constitution, name and style of the Borrower or any other person; or 2.6.6 any invalidity, irregularity, unenforceability, act or omission which might have discharged or affected the liability of the Guarantor had it been a mere surety in respect of the Guaranteed Liabilities or by anything done or omitted by any person which but for this provision might operate to exonerate or discharge the Guarantor or otherwise reduce or extinguish its liability under this Guarantee.