Common use of Separate Enforcement Clause in Contracts

Separate Enforcement. The obligations of Guarantor under this Guaranty are independent of and may be enforced separately from the Obligations, in a separate action or actions that may be brought and prosecuted against Guarantor whether or not action is brought against Seller. Guarantor agrees that payment or performance of any of the Obligations or other acts which toll any statute of limitations applicable to the Obligations or the Contract shall also toll the statute of limitations applicable to Guarantor's liability under this Guaranty.

Appears in 4 contracts

Samples: assets.ctfassets.net, assets.ctfassets.net, portlandgeneralrfp2021.com

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Separate Enforcement. The obligations of Guarantor under this Guaranty are independent of and may be enforced separately from the Obligations, in a separate action or actions that may be brought and prosecuted against Guarantor whether or not action is brought against SellerObligor. Guarantor agrees that payment or performance of any of the Obligations or other acts which toll any statute of limitations applicable to the Obligations or the Contract Agreement shall also toll the statute of limitations applicable to Guarantor's liability under this Guaranty.

Appears in 1 contract

Samples: Build Transfer Agreement

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