Common use of Subsidiary Guaranty Absolute Clause in Contracts

Subsidiary Guaranty Absolute. Each U.S. Subsidiary Guarantor guarantees that the Guaranteed Obligations will be paid strictly in accordance with the terms of the Secured Transaction Documents, regardless of any law, regulation or order now or hereafter in effect in any jurisdiction affecting any of such terms or the rights of the Collateral Agent or any Investor with respect thereto. The Obligations of each Subsidiary Guarantor under or in respect of the Subsidiary Guaranty are independent of the Guaranteed Obligations or any other Obligations of any other Grantor under or in respect of the Secured Transaction Documents, and a separate action or actions may be brought and prosecuted against each Subsidiary Guarantor to enforce the Subsidiary Guaranty, irrespective of whether any action is brought against the Company or any other Grantor or whether the Company or any other Grantor is joined in any such action or actions. The liability of each Subsidiary Guarantor under the Subsidiary Guaranty shall be irrevocable, absolute and unconditional irrespective of, and each Subsidiary Guarantor hereby irrevocably waives any defenses it may now have or hereafter acquire in any way relating to, any or all of the following:

Appears in 1 contract

Samples: Guaranty and Security Agreement (Vyyo Inc)

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Subsidiary Guaranty Absolute. Each U.S. Subsidiary Guarantor guarantees that the Guaranteed Obligations will be paid strictly in accordance with the terms of the Secured Transaction Loan Documents, regardless of any law, regulation or order now or hereafter in effect in any jurisdiction affecting any of such terms or the rights of the Collateral any Agent or any Investor Lender Party with respect thereto. The Obligations of each Subsidiary Guarantor under or in respect of the this Subsidiary Guaranty are independent of the Guaranteed Obligations or any other Obligations of any other Grantor Loan Party under or in respect of the Secured Transaction Loan Documents, and a separate action or actions may be brought and prosecuted against each Subsidiary Guarantor to enforce the this Subsidiary Guaranty, irrespective of whether any action is brought against the Company Borrower or any other Grantor Loan Party or whether the Company Borrower or any other Grantor Loan Party is joined in any such action or actions. The liability of each Subsidiary Guarantor under the this Subsidiary Guaranty shall be irrevocable, absolute and unconditional irrespective of, and each Subsidiary Guarantor hereby irrevocably waives any defenses it may now have or hereafter acquire in any way relating to, any or all of the following:

Appears in 1 contract

Samples: Senior Revolving Credit Agreement (Adams Respiratory Therapeutics, Inc.)

Subsidiary Guaranty Absolute. Each U.S. Subsidiary Guarantor guarantees that the Guaranteed Obligations will be paid strictly in accordance with the terms of the Secured Transaction Documents, regardless of any law, regulation or order now or hereafter in effect in any jurisdiction affecting any of such terms or the rights of the Collateral Agent or any Investor with respect thereto. The Obligations of each Subsidiary Guarantor under or in respect of the this Subsidiary Guaranty are independent of the Guaranteed Obligations or any other Obligations of any other Grantor under or in respect of the Secured Transaction Documents, and a separate action or actions may be brought and prosecuted against each Subsidiary Guarantor to enforce the this Subsidiary Guaranty, irrespective of whether any action is brought against the Company or any other Grantor or whether the Company or any other Grantor is joined in any such action or actions. The liability of each Subsidiary Guarantor under the this Subsidiary Guaranty shall be irrevocable, absolute and unconditional irrespective of, and each Subsidiary Guarantor hereby irrevocably waives any defenses it may now have or hereafter acquire in any way relating to, any or all of the following:

Appears in 1 contract

Samples: Guaranty and Security Agreement (Vyyo Inc)

Subsidiary Guaranty Absolute. Each U.S. Subsidiary Guarantor guarantees that the Guaranteed Obligations will be paid strictly in accordance with the terms of the Secured Transaction Loan Documents, regardless of any law, regulation or order now or hereafter in effect in any jurisdiction affecting any of such terms or the rights of the Collateral Agent or any Investor Secured Party with respect thereto. The Obligations of each Subsidiary Guarantor under or in respect of the this Subsidiary Guaranty are independent of the Guaranteed Obligations or any other Obligations of any other Grantor Loan Party under or in respect of the Secured Transaction Loan Documents, and a separate action or actions may be brought and prosecuted against each Subsidiary Guarantor to enforce the this Subsidiary Guaranty, irrespective of whether any action is brought against the Company Borrower or any other Grantor Loan Party or whether the Company Borrower or any other Grantor Loan Party is joined in any such action or actions. The liability of each Subsidiary Guarantor under the this Subsidiary Guaranty shall be irrevocable, absolute and unconditional irrespective of, and each Subsidiary Guarantor hereby irrevocably waives any defenses it may now have or hereafter acquire in any way relating to, any or all of the following:

Appears in 1 contract

Samples: Security Agreement (Icg Communications Inc /De/)

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Subsidiary Guaranty Absolute. Each U.S. Subsidiary Guarantor guarantees that the Guaranteed Obligations will be paid strictly in accordance with the terms of the Secured Transaction Loan Documents, regardless of any law, regulation or order now or hereafter in effect in any jurisdiction affecting any of such terms or the rights of the Collateral Agent or any Investor Lender with respect thereto. The Obligations of each Subsidiary Guarantor under or in respect of the this Subsidiary Guaranty are independent of the Guaranteed Obligations or any other Obligations of any other Grantor Loan Party under or in respect of the Secured Transaction Loan Documents, and a separate action or actions may be brought and prosecuted against each Subsidiary Guarantor to enforce the this Subsidiary Guaranty, irrespective of whether any action is brought against the Company Borrower or any other Grantor Loan Party or whether the Company Borrower or any other Grantor Loan Party is joined in any such action or actions. The liability of each Subsidiary Guarantor under the this Subsidiary Guaranty shall be irrevocable, absolute and unconditional irrespective of, and each Subsidiary Guarantor hereby irrevocably waives any defenses it may now have or hereafter acquire in any way relating to, any or all of the following:

Appears in 1 contract

Samples: Credit Agreement (Navistar International Corp)

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