No Release of Guarantors Sample Clauses

No Release of Guarantors. Each Guarantor's liability under this Guaranty will not be reduced, extinguished, discharged or released by, and no Guarantor is entitled to raise as a defense, any:
AutoNDA by SimpleDocs
No Release of Guarantors. Nothing herein contained shall operate to release any of the Guarantors, ICMOSA, GISE xx Agromark from liability to keep and perform all of the terms, conditions, obligations and agreements contained in each respective Guaranty Agreement.
No Release of Guarantors. Notwithstanding anything to the contrary in the Credit Agreement, this Agreement or in any other Credit Document, no Guarantor shall be released from its obligations under the Guaranty (even if becoming an Excluded Subsidiary).
No Release of Guarantors. Nothing contained in this Interim Order shall be deemed to terminate, modify or release any obligations of any non-Debtor guarantor to any Prepetition Facility Secured Party with respect to their respective obligations under any of the Prepetition Facilities.
No Release of Guarantors. THE OBLIGATIONS OF EACH OF THE GUARANTORS HEREUNDER SHALL NOT BE REDUCED, LIMITED OR TERMINATED, NOR SHALL ANY GUARANTOR BE DISCHARGED FROM ANY THEREOF, FOR ANY REASON WHATSOEVER (other than, subject to Sections 8.03, the payment, observance and performance of the Guaranteed Obligations and except in the event such Guarantor is not a Significant Subsidiary and is disposed of in accordance with Section 4.09(d)), including (and whether or not the same shall have occurred or failed to occur once or more than once and whether or not any Guarantor shall have received notice thereof):
No Release of Guarantors. If the Guaranteed Indebtedness at any time exceeds the amount permitted by law, or Borrower is not liable because the act of creating the Guaranteed Indebtedness is ultra vires, or the officers or persxxx xreating the Guaranteed Indebtedness acted in excess of their authority, or for any other reason, and for any of these reasons the Guaranteed Indebtedness which Guarantors agree to pay cannot be enforced against Borrower, such fact shall in no manner affect any Guarantor's liability hereunder, but each Guarantor shall be liable under this Guaranty notwithstanding that Borrower is not liable for the Guaranteed Indebtedness, to the same extent Guarantors would have been liable if the Guaranteed Indebtedness had been enforceable against Borrower.
No Release of Guarantors. Each Guarantor's liability under this Guaranty will not be reduced, extinguished, discharged or released by, and no Guarantor is entitled to raise as a defense, any: (a) invalidity, irregularity or unenforceability of the Guarantied Obligations, any Borrower's Obligations or other obligations under the Loan Documents to which it is a party, or of such Guarantor's obligations under the Loan Documents to which it is a party, including this Guaranty; (b) existing or future offset, claim, counterclaim or defense of any Borrower, such Guarantor or any other party against the Guarantied Parties or against payment of the Obligations or the Guarantied Obligations (whether such offset, claim, counterclaim or defense arises in connection with the Obligations or the Guarantied Obligations or the transactions creating the Obligations or the Guarantied Obligations or otherwise); (c) failure of such Guarantor to be given notice of a Default or Event of Default by any Borrower; (d) waivers of Defaults or Events of Default or other waivers under the Loan Documents: (e) extensions of due dates for payments, modifications of interest rates or other payment terms with respect to the Guarantied Obligations or any other accommodation, indulgence or forbearance granted to any Borrower; (f) reorganization, merger or consolidation of any Borrower or such Guarantor into or with any other Person; (g) release of or non-perfection with respect to any or all of any collateral or any other security for the Guarantied Obligations;
AutoNDA by SimpleDocs
No Release of Guarantors. THE GUARANTEED OBLIGATIONS OF EACH GUARANTOR UNDER THIS AGREEMENT SHALL NOT BE REDUCED, LIMITED OR TERMINATED, NOR SHALL ANY GUARANTOR BE DISCHARGED FROM SUCH GUARANTEED OBLIGATIONS, FOR ANY REASON WHATSOEVER (other than, subject to Section 1.04 and Section 1.12, the payment, observance and performance of the Guaranteed Obligations), including (and whether or not the same shall have occurred or failed to occur once or more than once and whether or not such Guarantor shall have received notice thereof):
No Release of Guarantors. The execution and delivery of this First Amendment, and the Lease modifications hereunder, shall not be deemed to release or relieve any Guarantor of the Lease, each of whom Tenant represents and warrants shall continue to be bound by the Lease, as modified by this First Amendment, in accordance with the terms of the Guaranty.
No Release of Guarantors. None of the parties hereto, by entering into or performing in accordance with this Agreement, intend to, nor do any of them, release or otherwise adversely affect any rights of any of them against any of the Guarantors, or any obligations, claims of liabilities owed directly or indirectly to AP by any of them.
Time is Money Join Law Insider Premium to draft better contracts faster.