Common use of REVOCATION OR LIMITATION OF GUARANTY Clause in Contracts

REVOCATION OR LIMITATION OF GUARANTY. Any Guaranty shall be revoked or limited or its enforceability or validity shall be contested by any Guarantor, by operation of law, legal proceeding or otherwise or any Guarantor who is a natural person shall die.

Appears in 25 contracts

Samples: Line of Credit Agreement (Applied Signal Technology Inc), Commercial Credit Agreement (Applied Signal Technology Inc), Commercial Credit Agreement (Align Rite International Inc)

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REVOCATION OR LIMITATION OF GUARANTY. Any Guaranty guaranty shall be revoked or limited or its enforceability or validity shall be contested by any Guarantorguarantor, by operation of law, legal proceeding or otherwise or any Guarantor guarantor who is a natural person shall die.

Appears in 16 contracts

Samples: Credit Agreement (Alphatec Holdings, Inc.), Credit Agreement (Golden State Vintners Inc), Credit Agreement (Golden State Vintners Inc)

REVOCATION OR LIMITATION OF GUARANTY. Any Guaranty guaranty given with respect to the Indebtedness shall be revoked or limited or its enforceability or validity shall be contested by any Guarantorguarantor, by operation of law, legal proceeding or otherwise or any Guarantor guarantor who is a natural person shall die.

Appears in 5 contracts

Samples: Term Loan Agreement (Atg Inc), Line of Credit Agreement (Atg Inc), Line of Credit Agreement (Neotherapeutics Inc)

REVOCATION OR LIMITATION OF GUARANTY. Any Guaranty guaranty shall be revoked or limited or its enforceability or validity shall be contested by any Guarantor, by operation of law, legal proceeding or otherwise or any Guarantor guarantor who is a natural person shall die.

Appears in 1 contract

Samples: Credit Agreement (PMR Corp)

REVOCATION OR LIMITATION OF GUARANTY. Any Guaranty guaranty shall be revoked or limited or its enforceability or validity shall be contested by any Guarantorguarantor, by operation of law, legal proceeding or otherwise or any Guarantor guarantor who is a natural person shall diedie or any covenant under the guaranty shall be breached.

Appears in 1 contract

Samples: Credit Agreement (Atg Inc)

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REVOCATION OR LIMITATION OF GUARANTY. Any Guaranty shall be revoked or limited or its enforceability or validity shall be contested by any Guarantor, by operation of law, legal proceeding or otherwise or a Guarantor shall fail to observe any Guarantor who covenant or agreement contained is a natural person shall dieits respective Guaranty.

Appears in 1 contract

Samples: Credit Agreement (Align Rite International Inc)

REVOCATION OR LIMITATION OF GUARANTY. Any Guaranty shall be revoked or limited or its enforceability or validity shall be contested by any Guarantor, by operation of law, legal proceeding or otherwise or any Guarantor who is a natural person personal shall die.

Appears in 1 contract

Samples: Line of Credit Agreement (Neotherapeutics Inc)

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