Common use of Revocation of Guaranty Clause in Contracts

Revocation of Guaranty. (a) This Guaranty may be revoked at any time by Guarantor in respect to future transactions. Such revocation shall be effective upon actual receipt by Bank, at the address shown below or at such other address as may have been provided to Guarantor by Bank, of written notice of revocation. Revocation shall not affect any of Guarantor's obligations or Bank's rights with respect to transactions committed or entered into prior to Bank's receipt of such notice, nor shall it affect Guarantor's obligations with respect to any indemnities, executed prior to Bank's receipt of such notice.

Appears in 2 contracts

Samples: Solitron Devices Inc, Mechanical Technology Inc

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Revocation of Guaranty. (a) This Guaranty may be revoked at any time by Guarantor in respect to future transactions. Such revocation shall be effective upon actual receipt by Bank, at the address shown below or at such other address as may have been provided to Guarantor by Bank, of written notice of revocation. Revocation shall not affect any of Guarantor's obligations or Bank's rights with respect to transactions committed or entered into prior to Bank's receipt of such notice, nor shall it affect Guarantor's ’s obligations with respect to any indemnities, executed prior to Bank's ’s receipt of such notice.

Appears in 2 contracts

Samples: Thorne Healthtech, Inc., Advanced Energy Industries Inc

Revocation of Guaranty. (a) This Guaranty may be revoked at any time by Guarantor in respect to future transactions. Such revocation shall be effective upon actual receipt by Bank, at the address shown below or at such other address as may have been provided to Guarantor by Bank, of written notice of revocation. Revocation shall not affect any of Guarantor's ’s obligations or Bank's ’s rights with respect to transactions committed or entered into prior to Bank's ’s receipt of such notice, nor shall it affect Guarantor's ’s obligations with respect to any indemnities, executed prior to Bank's ’s receipt of such notice.

Appears in 2 contracts

Samples: Continuing And (Daktronics Inc /Sd/), Graham Corp

Revocation of Guaranty. (a) This Guaranty may be revoked at any time by any Guarantor in respect to future transactions. Such revocation shall be effective upon actual receipt by the Bank, at the address shown below or at such other address as may have been provided to Guarantor the Guarantors by the Bank, of written notice of revocation. Revocation shall not affect any of the Guarantor's ’s obligations or the Bank's rights with respect to transactions committed or entered into prior to the Bank's receipt of such notice, nor shall it affect Guarantor's the Guarantors’ obligations with respect to any indemnities, executed prior to the Bank's ’s receipt of such notice.

Appears in 1 contract

Samples: Credit Agreement (Nic Inc)

Revocation of Guaranty. (a) This Guaranty may be revoked at any time by Guarantor in respect to future transactions. Such revocation shall be effective upon actual receipt by Bank, at the address shown below or at such other address as may have been provided to Guarantor by Bank, of written notice of revocation. Revocation shall not affect any of Guarantor's guarantor’s obligations or Bank's ’s rights with respect to transactions committed or entered into prior to Bank's ’s receipt of such notice, nor shall it affect Guarantor's ’s obligations with respect to any indemnities, executed prior to Bank's ’s receipt of such notice.

Appears in 1 contract

Samples: Energy Resources 12, L.P.

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Revocation of Guaranty. (a) This Guaranty may be revoked at any time by any Guarantor in respect to future transactions. Such revocation shall be effective upon actual receipt by BankAgent, at the address shown below or at such other address as may have been provided to Guarantor Guarantors by BankAgent, of written notice of revocation. Revocation shall not affect any of Guarantor's obligations or Bank's Lenders’ rights with respect to transactions committed or entered into prior to BankAgent's receipt of such notice, nor shall it affect Guarantor's the Guarantors’ obligations with respect to any indemnities, executed prior to Bank's Agent’s receipt of such notice.

Appears in 1 contract

Samples: Continuing and Unconditional Guaranty (NewLake Capital Partners, Inc.)

Revocation of Guaranty. (a) This Guaranty may be revoked at any time by Guarantor in respect to future transactions. Such revocation shall be effective upon actual deemed receipt by Bank, at the address shown below or at such other address as may have been provided to Guarantor by Bank, of written notice of revocation. Revocation shall not affect any of Guarantor's ’s obligations or Bank's ’s rights with respect to transactions committed or entered into prior to Bank's ’s receipt of such notice, nor shall it affect Guarantor's ’s obligations with respect to any indemnities, executed prior to Bank's ’s receipt of such notice.

Appears in 1 contract

Samples: Lifevantage Corp

Revocation of Guaranty. (a) This Guaranty may be revoked at any time by Guarantor in respect to future transactions, unless there is a continuing consideration as to such transactions which Guarantor does not renounce. Such revocation shall be effective upon actual receipt by Bank, at the address shown below or at such other address as may have been provided to Guarantor by Bank, of written notice of revocation. Revocation shall not affect any of Guarantor's obligations or Bank's rights with respect to transactions committed or entered into prior to which precede Bank's receipt of such notice, nor shall it affect Guarantor's obligations with respect regardless of whether or not the Indebtedness related to any indemnities, executed prior to Bank's receipt of such notice.such

Appears in 1 contract

Samples: Pacific Sunwear of California Inc

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