Common use of Release of Obligors Clause in Contracts

Release of Obligors. Any compromise or full or partial release of the liability of Borrower or any other Person now or hereafter liable, whether directly or indirectly, jointly, severally, or jointly and severally, to pay, perform, guarantee or assure the payment of the obligations under this Guaranty or any of the other Loan Documents.

Appears in 20 contracts

Samples: Guaranty (Stratus Properties Inc), Guaranty (Parkway, Inc.), Non Recourse Carveout Guaranty (Brookfield DTLA Fund Office Trust Investor Inc.)

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Release of Obligors. Any compromise or full or partial release of the liability of any Borrower or any other Person now or hereafter liable, whether directly or indirectly, jointly, severally, or jointly and severally, to pay, perform, guarantee or assure the payment of the obligations under this Guaranty or any of the other Loan Documents.

Appears in 3 contracts

Samples: Collateral Transfer and Settlement Agreement (KBS Real Estate Investment Trust, Inc.), Collateral Transfer and Settlement Agreement (Gramercy Capital Corp), Guaranty (KBS Real Estate Investment Trust, Inc.)

Release of Obligors. Any compromise or full or partial release of the liability of Borrower Tenant or any other Person now or hereafter liable, whether directly or indirectly, jointly, severally, or jointly and severally, to pay, perform, guarantee or assure the payment of the obligations under this Guaranty or any of the other Loan DocumentsLease.

Appears in 1 contract

Samples: Lease Guaranty (Life Time Fitness Inc)

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Release of Obligors. Any compromise or full or partial release of the liability of Borrower Guarantor or any other Person now or hereafter liable, whether directly or indirectly, jointly, severally, or jointly and severally, to pay, perform, guarantee or assure the payment of the obligations under this Guaranty or any of the other Loan Project Documents.

Appears in 1 contract

Samples: Completion Guaranty (Empire Resorts Inc)

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