Common use of Other Guaranties Clause in Contracts

Other Guaranties. A subsequent guaranty by any other guarantor of any of the Obligations shall not be deemed to be in lieu of or to supersede or terminate this Guaranty but shall be construed as an additional or supplementary guaranty; and if any other guarantor has given to the Security Agent a previous guaranty or guaranties, this Guaranty shall be construed to be an additional or supplementary guaranty, and not to be in lieu thereof or to terminate such previous guaranty or guaranties.

Appears in 2 contracts

Samples: Credit Agreement (Willis Lease Finance Corp), Credit Agreement (Willis Lease Finance Corp)

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Other Guaranties. A subsequent or concurrent guaranty by any other guarantor of any of the Obligations shall not be deemed to be in lieu of or to supersede or terminate this Guaranty but shall be construed as an additional or supplementary guaranty; and if any other guarantor has given to the Security Agent a previous guaranty or guaranties, this Guaranty shall be construed to be an additional or supplementary guaranty, and not to be in lieu thereof or to terminate such previous guaranty or guaranties.

Appears in 2 contracts

Samples: Credit Agreement (Willis Lease Finance Corp), Credit Agreement (Willis Lease Finance Corp)

Other Guaranties. A subsequent guaranty by any other guarantor of any of the Obligations shall not be deemed to be in lieu of or to supersede or terminate this Guaranty Agreement but shall be construed as an additional or supplementary guarantyguaranty unless otherwise expressly provided therein; and if any other guarantor has given to the Security Agent CoreStates Bank a previous guaranty or guaranties, this Guaranty Agreement shall be construed to be an additional or supplementary guaranty, and not to be in lieu thereof or to terminate such previous guaranty or guaranties.

Appears in 1 contract

Samples: Guaranty Agreement (Dvi Inc)

Other Guaranties. A subsequent guaranty by any other guarantor of any of the Obligations shall not be deemed to be in lieu of or to supersede or terminate this Guaranty Agreement but shall be construed as an additional or supplementary guarantyguaranty unless otherwise expressly provided therein; and if any other guarantor has given to the Security Agent Bank a previous guaranty or guaranties, this Guaranty Agreement shall be construed to be an additional or supplementary guaranty, and not to be in lieu thereof or to terminate such previous guaranty or guaranties.

Appears in 1 contract

Samples: Credit Agreement (American Business Financial Services Inc /De/)

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Other Guaranties. A subsequent or concurrent guaranty by any other guarantor of any of the Secured Obligations shall not be deemed to be in lieu of or to supersede or terminate this Guaranty but shall be construed as an additional or supplementary guaranty; and if any other guarantor has given to the Security Agent a previous guaranty or guaranties, this Guaranty shall be construed to be an additional or supplementary guaranty, and not to be in lieu thereof or to terminate such previous guaranty or guaranties.

Appears in 1 contract

Samples: Loan and Security Agreement (Aerocentury Corp)

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