Common use of No Suretyship Defenses Clause in Contracts

No Suretyship Defenses. Each Member hereby waives any guarantor or suretyship defense that may otherwise apply with respect to this Agreement (including Sections 4.4, 5.7, and 7.2C(2)).

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Emeritus Corp\wa\), Limited Liability Company, Agreement of Purchase and Sale

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No Suretyship Defenses. Each Member hereby waives any guarantor or suretyship defense that may otherwise apply with respect to this Agreement (including Sections 4.4, 5.7, 7.1A and 7.2C(2)).

Appears in 1 contract

Samples: Limited Liability Company Agreement (Emeritus Corp\wa\)

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