Common use of No Exoneration Clause in Contracts

No Exoneration. Guarantor shall not be discharged, released or exonerated, in any way, from its absolute, unconditional and independent liability hereunder, even though any rights or defenses which Guarantor may have against Lessee, Lessor or others may be destroyed, diminished or otherwise affected by any of the following: a) Any declaration by Lessor of a default in respect of any of the Obligations. b) The exercise by Lessor of any rights or remedies against Lessee or any other person or entity. c) The failure of Lessor to exercise any rights or remedies against Lessee or any other person or entity. d) The sale or enforcement of, or realization upon (through judicial foreclosure, seizure, power of sale or any other means) any security for any of the Obligations, even though (i) recourse may not thereafter be had against Lessee for any deficiency or (ii) Lessor fails to pursue any such recourse which might otherwise be available, whether by way of deficiency judgment following judicial foreclosure or otherwise.

No Exoneration. Guarantor shall not be discharged, released or exonerated, in any way, from its absolute, unconditional and independent liability hereunder, even though any rights or defenses which Guarantor may have against LesseeBorrower, Lessor Lender or others may be destroyed, diminished or otherwise affected by any of the following: a) Any declaration by Lessor Lender of a default in respect of any of the Obligations. b) The exercise by Lessor Lender of any rights or remedies against Lessee Borrower or any other person or entityperson. c) The failure of Lessor Lender to exercise any rights or remedies against Lessee Borrower or any other person or entityperson. d) The sale or enforcement of, or realization upon (through judicial foreclosure, seizure, power of sale or any other means) any security for any of the Obligations, even though (i) recourse may not thereafter be had against Lessee Borrower for any deficiency or (ii) Lessor Lender fails to pursue any such recourse which might otherwise be available, whether by way of deficiency judgment following judicial foreclosure or otherwise.

No Exoneration. Guarantor shall not be discharged, released or exonerated, in any way, from its absolute, unconditional and independent liability hereunder, even though any rights or defenses which Guarantor may have against LesseeTenant, Lessor Landlord or others may be destroyed, diminished or otherwise affected by any of the following: (a) Any declaration by Lessor Landlord of a default in respect of any of the Obligations. (b) The exercise by Lessor Landlord of any rights or remedies against Lessee Tenant or any other person or entityperson. (c) The failure of Lessor Landlord to exercise any rights or remedies against Lessee Tenant or any other person or entityperson. (d) The sale or enforcement of, or realization upon upon, (through judicial foreclosure, seizure, power of sale or any other means) any security for any of the Obligations, even though (i) recourse may not thereafter be had against Lessee Tenant for any deficiency or (ii) Lessor Landlord fails to pursue any such recourse which might otherwise be available, whether by way of deficiency judgment following judicial foreclosure foreclosure, or otherwise.

No Exoneration. Guarantor shall not be discharged, released or exonerated, in any way, from its absolute, unconditional and independent liability hereunder, even though any rights or defenses which Guarantor may have against LesseeBorrower, Lessor Lender or others may be destroyed, diminished or otherwise affected by any of the following: a) Any declaration by Lessor Lender of a default in respect of any of the Obligations. b) The exercise by Lessor Lender of any rights or remedies against Lessee Borrower or any other person or entity. c) The failure of Lessor Lender to exercise any rights or remedies against Lessee Borrower or any other person or entity. d) The sale or enforcement of, or realization upon (through judicial foreclosure, seizure, power of sale or any other means) any security for any of the Obligations, even though (i) recourse may not thereafter be had against Lessee Borrower for any deficiency or (ii) Lessor Lender fails to pursue any such recourse which might otherwise be available, whether by way of deficiency judgment following judicial foreclosure or otherwise.