Primary Liability of Guarantor. The liability of Guarantor under this Guaranty shall be primary and not secondary and Landlord may, at its option, proceed directly against Guarantor or any security granted to Landlord without having to commence any action, or having obtained any judgment against Tenant.
Appears in 2 contracts
Samples: Lease Guaranty (Griffin-American Healthcare REIT II, Inc.), Lease Guaranty (Griffin-American Healthcare REIT II, Inc.)
Primary Liability of Guarantor. The liability of Guarantor under this Guaranty shall be primary and not secondary and Landlord may, at its option, proceed directly against Guarantor or any security granted to Landlord without having to commence any action, or having obtained any judgment against TenantMaster Tenant or New London Tenant (as applicable).
Appears in 2 contracts
Samples: Lease Guaranty (Griffin-American Healthcare REIT II, Inc.), Lease Cross Guaranty (Griffin-American Healthcare REIT II, Inc.)
