Common use of No Discharge or Diminishment of Guarantee Clause in Contracts

No Discharge or Diminishment of Guarantee. The obligations of Guarantor hereunder shall not be subject to any reduction, limitation, impairment or termination, or be subject to any defense or setoff, counterclaim, recoupment or termination whatsoever, or otherwise be affected, for any reason (other than the performance in full of all Obligations, including the indefeasible payment in full in cash of all Monetary Obligations, and the termination of all the Obligations), including:

Appears in 1 contract

Samples: Asset Purchase and Sale Agreement (Southern Energy Inc)

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No Discharge or Diminishment of Guarantee. The obligations of each Guarantor hereunder shall not be subject to any reduction, limitation, impairment or terminationtermination for any reason (other than the indefeasible payment in full in cash of the Obligations), including any claim of waiver, release, surrender, alteration or compromise of any of the Obligations, and shall not be subject to any defense or setoff, counterclaim, recoupment or termination whatsoeverwhatsoever by reason of the invalidity, illegality or otherwise be affected, for any reason (other than unenforceability of the performance in full of all Obligations, including the indefeasible payment in full in cash of all Monetary Obligations, and the termination of all the Obligations), including:Obligations or

Appears in 1 contract

Samples: Subsidiary Guarantee Agreement (American Healthways Inc)

No Discharge or Diminishment of Guarantee. The obligations of Guarantor hereunder shall not be subject to any reduction, limitation, impairment or termination, or be subject to any defense or setoff, counterclaim, recoupment or termination whatsoever, or otherwise be affected, for any reason (other than the performance in full of all Obligations, including the 279 indefeasible payment in full in cash of all Monetary Obligations, and the termination of all the Obligations), including:

Appears in 1 contract

Samples: Asset Purchase and Sale Agreement (Orion Power Holdings Inc)

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No Discharge or Diminishment of Guarantee. The obligations of each Guarantor hereunder shall not be subject to any reduction, limitation, impairment or terminationtermination for any reason (other than Payment in Full), including any claim of waiver, release, surrender, alteration or compromise of any of the Guaranteed Obligations, and shall not be subject to any defense or setoffset-off, counterclaim, recoupment or termination whatsoeverwhatsoever by reason of the invalidity, illegality or otherwise be affected, for any reason (other than unenforceability of the performance in full of all Obligations, including the indefeasible payment in full in cash of all Monetary Obligations, and the termination of all the Obligations), including:Guaranteed Obligations or otherwise.

Appears in 1 contract

Samples: Term Loan Credit Agreement (Pier 1 Imports Inc/De)

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