Multiple Guarantors Sample Clauses
Multiple Guarantors. It is specifically agreed that Administrative Agent may enforce the provisions hereof with respect to one or more Guarantors without seeking to enforce the same as to all or any Guarantors. If one or more additional guaranty agreements (“Other Guaranties”) are executed by one or more additional guarantors (“Other Guarantors”), which guarantee, in whole or in part, any of the Obligations, it is specifically agreed that Administrative Agent may enforce the provisions of this Guaranty or of Other Guaranties with respect to one or more of Guarantors or any one or more of Other Guarantors under the Other Guaranties without seeking to enforce the provisions of this Guaranty or the Other Guaranties as to all or any of Guarantors or Other Guarantors. Each Guarantor hereby waives any requirement of joinder of all or any other Guarantor or all or any of the Other Guarantors in any suit or proceeding to enforce the provisions of this Guaranty or of the Other Guaranties. The liability hereunder of all Guarantors hereunder shall be joint and several.
Multiple Guarantors. If (i) this Guaranty is executed by more than one party constituting Guarantor, it is specifically agreed that Lender may enforce the provisions hereof with respect to one or more of such parties constituting Guarantor without seeking to enforce the same as to all or any such parties; or (ii) one or more additional guaranty agreements ("Other Guaranties") are executed by one or more additional guarantors ("Other Guarantors"), which guaranty, in whole or in part, any of the indebtedness or obligations evidenced by the Loan Documents, it is specifically agreed that Lender may enforce the provisions of this Guaranty or of the Other Guaranties with respect to one or more of the parties constituting Guarantor and/or one or more of the Other Guarantors under the Other Guaranties without seeking to enforce the provisions of this Guaranty or the Other Guaranties as to all or any of the parties constituting Guarantor or the Other Guarantors. Each of the parties constituting Guarantor hereby waives any requirement of joinder (and shall not seek joinder) of all or any other of the parties constituting Guarantor or all or any of the Other Guarantors in any suit or proceeding to enforce the provisions of this Guaranty or of the Other Guaranties. The liability hereunder of all parties constituting Guarantor shall be joint and several.
Multiple Guarantors. If more than one individual signs this Guaranty, or any other individual signs any other Guaranty in connection with the Note or the Loan, the liability of all individuals who sign shall be joint and several as to all of the Obligations.
Multiple Guarantors. If more than one Person signs this Guaranty as Guarantor, (a) the term "Guarantor" shall mean each such Person, (b) the obligations of each Guarantor shall be joint, several and independent, and (c) this Guaranty shall be construed and enforced as though each Guarantor executed a separate guaranty on the terms set forth in this Guaranty.
Multiple Guarantors. If there is more than one Guarantor, (a) each Guarantor shall be jointly and severally liable for the obligations of the Guarantors under this Guaranty, (b) the term “Guarantor” whenever used herein shall include each Guarantor, jointly and severally, with all other Guarantors, and (c) the Beneficiary may (without notice to or consent of any other Guarantor and with or without consideration) release, compromise, settle with, and proceed against any Guarantor and any security and Collateral given by such Guarantor without affecting, impairing, lessening or releasing the obligations of any other Guarantor. Any one or more successive or concurrent actions or proceedings may be brought against any or all of the Guarantors, either in the same action, if any, brought against the Borrower or in separate actions or proceedings, as often as the Beneficiary may deem advisable.
Multiple Guarantors. If there is more than one guarantor of the Guaranteed Obligations: (a) the obligations, covenants, warranties and representations of each guarantor shall be joint and several; (b) the granting of a written release of liability hereunder of less than all of the guarantors shall be effective with respect to the liability hereunder of only those specifically so released, but shall in no way affect the liability hereunder of any guarantor not so released; and (c) each guarantor waives any right to require Lender to proceed against any other guarantor. Any prior or subsequent guaranty to Lender shall not be deemed to be in lieu of or to supersede or terminate this Guaranty, but shall be construed as an additional or supplementary guaranty unless otherwise expressly provided herein.
Multiple Guarantors. When a single Guarantor executes this Guaranty, any words used herein in the plural shall be deemed to have been used in the singular where the context and construction so require. When this Guaranty is executed by more than one Guarantor, the word "Guarantor" shall mean all and any one or more of them and such Guarantors shall be jointly and severally liable for any and all Obligations hereunder. The Obligations of Guarantor hereunder are in addition to any Obligations of any one or more other guarantors under any other guaranties and the liability of Guarantor to Lender shall be the aggregate liability of said Guarantor under the terms of this Guaranty and all of said other guaranties.
Multiple Guarantors. (a) Where the Guarantee is given by or on behalf of more than one person, the expression “the Guarantor(s)” shall be construed as referring to each such person individually and any one or more of such person collectively, and all agreements, obligations, liabilities, representations, warranties and undertakings of the Guarantor(s) contained or implied in this Guarantee are joint and several and shall be construed accordingly. The expression “the Guarantor(s)” herein extends to all persons who are intended to or have agreed to be guarantors of the Customer in relation to all persons who are intended to or have agreed to be guarantors of the Customer in relation to Guaranteed Amounts notwithstanding that they have not co-jointly affixed their signatures to one single copy of this Guarantee so long as they sign individual copies of this Guarantee and notwithstanding that such signing may be at different times and places.
(b) Each of the parties comprising the Guarantor(s) hereby agrees and consents severally to be bound by this Guarantee, notwithstanding that any others whom it is intended should sign or be bound by this Guarantee may not do so or be effectively bound hereby, and notwithstanding that this Guarantee may be invalid or unenforceable against any one or more of the parties comprising the Guarantee, whether or not the deficiency is known to CGC and notwithstanding the obligations of any other of them hereunder has determined or been discounted for any reason whatsoever. CGC shall be entitled to release any one or more of the parties comprising the Guarantor(s) from this Guarantee, to compound with or otherwise vary or agree to vary the liability of, or to grant time or other indulgence to, or make other arrangements with, any one or more of the parties comprising the Guarantor(s), without prejudicing or affecting CGC’s rights, powers and remedies against any others of the parties comprising the Guarantor(s).
(c) CGC shall be entitled to release any one or more of the parties comprising the Guarantor(s) from this Guarantee, to compound with or otherwise vary or agree to vary the liability of, or to grant time or other indulgence to, or make other arrangements with, any one or more of the parties comprising the Guarantor(s), without prejudicing or affecting CGC’s rights, powers and remedies against any others of the parties comprising the Guarantor(s).
(d) Any notice served pursuant to this Guarantee on any party comprising the Guarantor(s).
(e) CGC ...
Multiple Guarantors. Where there is more than one guarantor, the obligations and liabilities of the guarantors are joint and several.
Multiple Guarantors. If there are more than one Guarantor named above, the duties and obligations of Guarantor hereunder shall be joint and several. This agreement shall apply to each Guarantor separately, just as if that Guarantor had executed a separate agreement containing all of the terms and conditions hereof. At any time and from time to time, Obligee may assert any right or privilege hereunder, or pursue any remedy or remedies hereunder, against any one or more Guarantors named herein without asserting or waiving any one or more of those rights and privileges against any other of the Guarantors.