Common use of Nature of Guaranty Clause in Contracts

Nature of Guaranty. This is a guaranty of payment and not of collection. Guarantor’s liability under this Guaranty shall be open and continuous for so long as this Guaranty remains in force. Guarantor intends to guarantee at all times the performance and prompt payment when due, whether at maturity or earlier by reason of acceleration or otherwise, of all Obligations. Accordingly, no payments made upon the Obligations will discharge or diminish the continuing liability of Guarantor in connection with any remaining portions of the Obligations or any of the Obligations which subsequently arises or is thereafter incurred or contracted.

Nature of Guaranty. This is a guaranty of payment and not of collection. Guarantor’s liability under this Guaranty shall be open and continuous for so long as this Guaranty remains in force. Guarantor intends to guarantee at all times the performance and prompt payment when due, whether at maturity or earlier by reason of acceleration or otherwise, of all ObligationsIndebtedness. Accordingly, no payments made upon the Obligations Indebtedness will discharge or diminish the continuing liability of Guarantor in connection with any remaining portions of the Obligations Indebtedness or any of the Obligations Indebtedness which subsequently arises or is thereafter incurred or contracted.

Nature of Guaranty. This is a guaranty of payment and not of collection. Guarantor’s liability under this Guaranty shall be open and continuous for so long as this Guaranty remains in force. Guarantor intends to guarantee at all times the performance and prompt payment when due, whether at maturity or earlier by reason of acceleration or otherwise, of all Obligationsindebtedness. Accordingly, no payments made upon the Obligations indebtedness will discharge or diminish the continuing liability of or Guarantor in connection with any remaining portions of the Obligations indebtedness or any of the Obligations indebtedness which subsequently arises or is thereafter incurred or contracted.

Nature of Guaranty. This is a guaranty of payment and not of collection. Guarantor’s 's liability under this Guaranty shall be open and continuous for so long as this Guaranty remains in force. Guarantor intends to guarantee at all times the performance and prompt payment when due, whether at maturity or earlier by reason of acceleration or otherwise, of all Obligationsindebtedness. Accordingly, no payments made upon the Obligations indebtedness will discharge or diminish the continuing liability of Guarantor in connection with any remaining portions of the Obligations indebtedness or any of the Obligations indebtedness which subsequently arises or is thereafter incurred or contracted.

Nature of Guaranty. This is a guaranty of payment and not of collection. Guarantor’s liability under this Guaranty shall be open and continuous for so long as this Guaranty remains in force. Guarantor intends to guarantee at all times the performance and prompt payment when due, whether at maturity or earlier by reason of acceleration or otherwise, of all Obligationsindebtedness. Accordingly, no payments made upon the Obligations indebtedness will discharge or diminish the continuing liability of Guarantor in connection with any remaining portions of the Obligations indebtedness or any of the Obligations indebtedness which subsequently arises or is thereafter incurred or contracted.

Nature of Guaranty. This is a guaranty of payment and not of collection. Guarantor’s 's liability under this Guaranty shall be open and continuous for so long as this Guaranty remains in force. Guarantor intends to guarantee guaranty at all times the performance and prompt payment when due, whether at maturity or earlier by reason of acceleration or otherwise, of all ObligationsIndebtedness. Accordingly, no payments made upon the Obligations Indebtedness will discharge or diminish the continuing liability of Guarantor in connection with any remaining portions of the Obligations Indebtedness or any of the Obligations Indebtedness which subsequently arises or is thereafter incurred or contracted.

Nature of Guaranty. This is a guaranty of payment and not of collection. Guarantor’s 's liability under this Guaranty shall be open and continuous for so long as this Guaranty remains in force. Guarantor intends to guarantee at all times the performance and prompt payment when due, whether at maturity or earlier by reason of acceleration or otherwise, of all ObligationsIndebtedness. Accordingly, no payments made upon the Obligations Indebtedness will discharge or diminish the continuing liability of Guarantor in connection with any remaining portions of the Obligations or any of the Obligations which subsequently arises or is thereafter incurred or contractedIndebtedness.

Nature of Guaranty. This is a guaranty of payment and not of collection. Guarantor’s 's liability under this Guaranty shall be open and continuous for so long as this Guaranty remains in force. Guarantor intends to guarantee at all times the performance and prompt payment when due, whether at maturity or earlier by reason of acceleration or otherwise, of all ObligationsIndebtedness. Accordingly, no payments made upon the Obligations Indebtedness will discharge or diminish the continuing liability of Guarantor in connection with any remaining portions of the Obligations Indebtedness or any of the Obligations Indebtedness which subsequently arises or is thereafter incurred or contracted.

Nature of Guaranty. This is a guaranty of payment and not of collection. Guarantor’s 's liability under this Guaranty shall be open and continuous for so long as this Guaranty remains in force. Guarantor intends to guarantee at all times the performance and prompt payment when due, whether at maturity or earlier by reason of acceleration or otherwise, of all ObligationsIndebtedness. Accordingly, no payments made upon the Obligations Indebtedness will discharge or diminish the continuing liability of Guarantor in connection with any remaining portions of the Obligations Indebtedness or any of the Obligations which Indebtedness that subsequently arises or is thereafter incurred or contracted.

Nature of Guaranty. This is a guaranty of payment and not of collection. Guarantor’s 's liability under this Guaranty shall be open and ------------------ continuous for so long as this Guaranty remains in force. Guarantor intends to guarantee at all times the performance and prompt payment when due, whether at maturity or earlier by reason of acceleration or otherwise, of all ObligationsIndebtedness. Accordingly, no payments made upon the Obligations Indebtedness will discharge or diminish the continuing liability of Guarantor in connection with any remaining portions of the Obligations Indebtedness or any of the Obligations Indebtedness which subsequently arises or is thereafter incurred or contractedcontracted under or in connection with the Related Documents.

Nature of Guaranty. This is a guaranty of payment and not of collection. Guarantor’s Guarantors' liability under this Guaranty shall be open and continuous for so long as this Guaranty remains in force. Guarantor intends Guarantors intend to guarantee at all times the performance and prompt payment when due, whether at maturity or earlier by reason of acceleration or otherwise, of all ObligationsIndebtedness. Accordingly, no payments made upon the Obligations Indebtedness will discharge or diminish the continuing liability of Guarantor Guarantors in connection with any remaining portions of the Obligations Indebtedness or any of the Obligations Indebtedness which subsequently arises or is thereafter incurred or contracted.