Common use of Nature of Guarantor’s Obligations Clause in Contracts

Nature of Guarantor’s Obligations. The Guarantor's obligations under the Loan Documents (a) are absolute and unconditional, (b) constitute a guaranty of payment and not a guaranty of collection, (c) are as primary obligor and not as a surety only, (d) shall be a continuing guaranty of all present and future Guaranteed Obligations and all promissory notes and other documentation given in extension or renewal or substitution for any of the Guaranteed Obligations and (e) shall be irrevocable.

Nature of Guarantor’s Obligations. The Guarantor's ’s obligations under the Loan Documents hereunder (a) are absolute and unconditional, (b) constitute a guaranty of payment and performance and not a guaranty of collection, (c) are as primary obligor and not as a surety only, (d) shall be a continuing guaranty of all present and future Guaranteed Obligations and all promissory notes and other documentation given in extension or renewal or substitution for any of the Guaranteed Obligations and (e) shall be irrevocable.

Nature of Guarantor’s Obligations. The Guarantor's obligations under the Loan Documents (a) are absolute and unconditional, (b) constitute a guaranty of payment and not a guaranty of collection, (c) are as primary obligor and not as a surety only, (d) shall be a continuing guaranty of all present and future Guaranteed Obligations and all promissory notes and other documentation given in extension or renewal or substitution for any of the Guaranteed Obligations and (e) shall be irrevocable.

Nature of Guarantor’s Obligations. The Guarantor's obligations under the Guarantor Loan Documents (a) are absolute and unconditional, (b) are unlimited in amount, (c) constitute a guaranty of payment and performance and not a guaranty of collection, (cd) are as primary obligor and not as a surety only, (de) shall be a continuing guaranty of all present and future Guaranteed Obligations and all promissory notes and other documentation given in extension or renewal or substitution for for. any of the Guaranteed Obligations and (ef) shall be irrevocable.

Nature of Guarantor’s Obligations. The Each Guarantor's ’s obligations under the Loan Documents this Agreement (a) are absolute and unconditional, (b) are unlimited in amount except as provided in Section 1.02, (c) constitute a guaranty of payment and performance and not a guaranty of collection, (cd) are as primary obligor and not as a surety only, (de) shall be a continuing guaranty of all present and future Guaranteed Obligations and all promissory notes and other documentation given in extension or renewal or substitution for any of the Guaranteed Obligations and (ef) shall be irrevocable.

Nature of Guarantor’s Obligations. The Guarantor's Guarantors' obligations under the Loan Documents (a) are absolute and unconditional, (b) constitute a guaranty of payment and not a guaranty of collection, (c) are as primary obligor and not as a surety only, (d) shall be a continuing guaranty of all present and future Guaranteed Obligations and all promissory notes and other documentation given in extension or renewal or substitution for any of the Guaranteed Obligations and (e) shall be irrevocable.

Nature of Guarantor’s Obligations. The Guarantor's Guarantors' --------------------------------- obligations under the Loan Documents (a) are absolute and unconditional, (b) constitute a guaranty of payment and not a guaranty of collection, (c) are as primary obligor and not as a surety only, (d) shall be a continuing guaranty of all present and future Guaranteed Obligations and all promissory notes and other documentation given in extension or renewal or substitution for any of the Guaranteed Obligations and (e) shall be irrevocable.