Nature of the Guaranty. This Guaranty: (a) is (i) irrevocable; (ii) absolute and unconditional; (iii) direct, immediate and primary; and (iv) one of payment and not just collection; and (b) makes the Guarantor a surety to Investors and primarily liable with the Issuer.
Appears in 3 contracts
Samples: Guaranty Agreement (Fronteer Financial Holdings LTD), Guaranty Agreement (Evision Usa Com Inc), Guaranty Agreement (Heng Fung Holdings Co LTD)
Nature of the Guaranty. This Guaranty: (a) is (i) irrevocable; (ii) absolute and unconditional; (iii) direct, immediate and primary; and (iv) one of payment and not just collection; and (b) makes the Guarantor a surety to Investors GE Capital and primarily liable with the IssuerBorrower.
Appears in 2 contracts
Samples: Guaranty Agreement (Leisure Time Casinos & Resorts Inc), Guaranty Agreement (Leisure Time Casinos & Resorts Inc)