Common use of No Right of Revocation Clause in Contracts

No Right of Revocation. Guarantor understands and agrees that Guarantor may not revoke their future obligations under this Guaranty at any time as long as any Guaranteed Indebtedness is outstanding or as long as Bank is under any obligation to extend credit, in any form, to Borrower.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Tandycrafts Inc), Revolving Credit Agreement (Tandycrafts Inc)

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No Right of Revocation. Guarantor understands and agrees that Guarantor may not revoke their its future obligations under this Guaranty at any time as long as any Guaranteed Indebtedness is outstanding or as long as Bank is under any obligation to extend credit, in any form, to Borrower.

Appears in 1 contract

Samples: Unlimited Guaranty (Wilhelmina International, Inc.)

No Right of Revocation. Guarantor understands and agrees that Guarantor may not revoke their its future obligations under this Guaranty at any time as long as any Guaranteed Indebtedness is outstanding or as long as Bank is under any obligation to extend credit, in any form, to Borrower. If Guarantor is an individual and dies, Guarantor’s obligations under this Guaranty shall be binding on Guarantor’s estate.

Appears in 1 contract

Samples: Guaranty Agreement (Hartman Short Term Income Properties XX, Inc.)

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No Right of Revocation. Guarantor understands and agrees that Guarantor may not revoke their its future obligations under this Guaranty at any time as long as any Guaranteed Indebtedness is outstanding or as long as Bank is under any obligation to extend credit, in any form, to Borrower. If Guarantor is an individual and dies, Guarantors obligations under this Guaranty shall be binding on Guarantors estate.

Appears in 1 contract

Samples: Unlimited Guaranty (Sielox Inc)

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