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

No Discharge or Diminishment of Guaranty. (a) Except as otherwise provided for herein and to the extent provided for herein, the obligations of each Guarantor hereunder are unconditional and absolute and not subject to any reduction, limitation, impairment or termination for any reason (other than the indefeasible payment in full in cash of the Guaranteed Obligations), including:

Appears in 25 contracts

Samples: Credit Agreement (Star Group, L.P.), Credit Agreement (Star Group, L.P.), Credit Agreement (Star Group, L.P.)

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No Discharge or Diminishment of Guaranty. (ai) Except as otherwise provided for herein and to the extent provided for herein, the obligations of each Guarantor hereunder are unconditional and absolute and not subject to any reduction, limitation, impairment or termination for any reason (other than the indefeasible payment in full in cash of the Guaranteed Obligations), including:

Appears in 3 contracts

Samples: Loan and Security Agreement (Integrated Electrical Services Inc), Loan and Security Agreement (Integrated Electrical Services Inc), Loan and Security Agreement (Integrated Electrical Services Inc)

No Discharge or Diminishment of Guaranty. (a) Except as otherwise provided for herein and to the extent provided for herein, the The obligations of each the Guarantor hereunder are unconditional and absolute and shall not be subject to any reduction, limitation, impairment impairment, recoupment or termination for any reason (other than the indefeasible payment in full in cash of all of the Guaranteed Obligations), including: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 whatsoever by reason of the invalidity, illegality or unenforceability of the Obligations, any impossibility in the performance of the Obligations or otherwise.

Appears in 2 contracts

Samples: Credit Facility Agreement (Janus Capital Group Inc), Credit Facility Agreement (Janus Capital Group Inc)

No Discharge or Diminishment of Guaranty. (a) Except as otherwise provided for herein and to the extent provided for herein, the The obligations of each Guarantor hereunder are unconditional and absolute and shall not be subject to any reduction, limitation, impairment or termination for any reason (other than the indefeasible payment in full in cash of the Guaranteed Obligations), including:including any claim of waiver, release, surrender, alteration or compromise of any of the Obligations, and shall not be subject to any defense or set-off, counterclaim, recoupment or termination whatsoever by reason of the invalidity, illegality or unenforceability of the Obligations or otherwise.

Appears in 1 contract

Samples: Guaranty (GameStop Corp.)

No Discharge or Diminishment of Guaranty. (af) Except as otherwise provided for herein and to the extent provided for herein, the obligations of each Guarantor hereunder are unconditional and absolute and not subject to any reduction, limitation, impairment or termination for any reason (other than the indefeasible payment in full in cash of the Guaranteed Obligations), including:

Appears in 1 contract

Samples: Credit Agreement (MSX International Inc)

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No Discharge or Diminishment of Guaranty. (a) Except as otherwise provided for herein and to the extent provided for herein, the The obligations of each Guarantor hereunder are unconditional and absolute and not subject to any reduction, limitation, impairment impairment, or termination for any reason (other than the indefeasible payment in full in cash of the Guaranteed Obligations), including:

Appears in 1 contract

Samples: Revolving Credit and Security Agreement (Tecumseh Products Co)

No Discharge or Diminishment of Guaranty. (ao) Except as otherwise provided for herein and to the extent provided for herein, the obligations of each Guarantor hereunder are unconditional and absolute and not subject to any reduction, limitation, impairment or termination for any reason (other than the indefeasible payment in full in cash of the Guaranteed Obligations), including:

Appears in 1 contract

Samples: Credit Agreement (Magnetek Inc)

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