Primary Liability. The liability of Guarantor for payment of the Indebtedness is primary and not secondary.
Appears in 4 contracts
Samples: Guaranty Agreement (Moody National REIT I, Inc.), Guaranty Agreement (Moody National REIT I, Inc.), Guaranty Agreement (Moody National REIT I, Inc.)
Primary Liability. The liability of the Guarantor for the payment of the Indebtedness is shall be primary and not secondary.
Appears in 2 contracts
Samples: Commercial Guaranty Agreement (Independent Bank Group Inc), Guaranty Agreement (Watermarc Food Management Co)
Primary Liability. The liability of Guarantor for payment of the Indebtedness Guaranteed Obligations is primary and not secondary.
Appears in 2 contracts
Samples: Guaranty Agreement (STW Resources Holding Corp.), Guaranty Agreement (STW Resources Holding Corp.)
Primary Liability. The liability of the Guarantor for the payment of the Guaranteed Indebtedness is shall be primary and not secondary.
Appears in 2 contracts
Primary Liability. The liability of Guarantor each of the Guarantors for the payment of the Guaranteed Indebtedness is shall be primary and not secondarysecondary to the liability of the Borrower and this Guaranty shall constitute a guarantee of payment and not a guarantee of collection.
Appears in 2 contracts
Samples: Credit Agreement (Primeenergy Corp), Primeenergy Corp
