Common use of Other Guaranties Clause in Contracts

Other Guaranties. If on the date of any Guarantor’s execution of this Guaranty or at any time thereafter Agent receives any other guaranty from such Guarantor or from any other Person of any of the Guaranteed Obligations, the execution and delivery to Agent and Agent’s acceptance of any such additional guaranty shall not be deemed in lieu of or to supersede, terminate or diminish this Guaranty, but shall be construed as an additional or supplementary guaranty unless otherwise expressly provided in such additional or supplementary guaranty; and if, prior to the date hereof, any Guarantor or any other Person has given to 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 supersede, terminate or diminish such previous guaranty or guaranties.

Appears in 3 contracts

Samples: Continuing Guaranty Agreement (Pinstripes Holdings, Inc.), Continuing Guaranty Agreement (Pinstripes Holdings, Inc.), Continuing Guaranty Agreement (Banyan Acquisition Corp)

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Other Guaranties. If on the date of any Guarantor’s execution of this Guaranty or at any time thereafter Agent Lender receives any other guaranty from such Guarantor or from any other Person of any of the Guaranteed Obligations, the execution and delivery to Agent Lender and AgentLender’s acceptance of any such additional guaranty shall not be deemed in lieu of or to supersede, terminate or diminish this Guaranty, but shall be construed as an additional or supplementary guaranty unless otherwise expressly provided in such additional or supplementary guaranty; and if, prior to the date hereof, any Guarantor or any other Person has given to Agent Lender 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 supersede, terminate or diminish such previous guaranty or guaranties.

Appears in 1 contract

Samples: Continuing Guaranty Agreement (Home Federal Holdings CORP)

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Other Guaranties. If on the date of any Guarantor’s Guarantors’ execution of this Guaranty or at any time thereafter Agent Buyer receives any other guaranty from such Guarantor Guarantors or from any other Person of any of the Guaranteed Obligations, the execution and delivery to Agent Buyer and Agent’s Buyer's acceptance of any such additional guaranty shall not be deemed in lieu of or to supersede, terminate or diminish this Guaranty, but shall be construed as an additional or supplementary guaranty unless otherwise expressly provided in such additional or supplementary guaranty; and if, prior to the date hereof, any Guarantor Guarantors or any other Person has given to Agent Buyer 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 supersede, terminate or diminish such previous guaranty or guaranties.

Appears in 1 contract

Samples: Subsidiary Continuing Guaranty Agreement (Quest Patent Research Corp)

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