Successors and Assigns; Joint and Several Liability. This Guaranty shall inure to the benefit of the Lender and its successors and assigns. This Guaranty shall be binding on the Guarantor and the heirs, legatees, successors and assigns of the Guarantor. If this Guaranty is executed by more than one Guarantor, it shall be the joint and several undertaking of each of the undersigned. Regardless of whether this Guaranty is executed by more than one Guarantor, it is agreed that the liability of the undersigned hereunder is several and independent of any other guarantees or other obligations at any time in effect with respect to the Guaranteed Obligations or any part thereof and that the liability of the Guarantor hereunder may be enforced regardless of the existence, validity, enforcement or non‑enforcement of any such other guarantees or other obligations.
Appears in 3 contracts
Samples: Guaranty of Payment and Performance (Adcare Health Systems, Inc), Guaranty of Payment and Performance (Adcare Health Systems, Inc), Guaranty of Payment and Performance (Adcare Health Systems, Inc)
Successors and Assigns; Joint and Several Liability. This Guaranty shall inure to the benefit of the Lender and its successors and assigns. This Guaranty shall be binding on the Guarantor Guarantor, and the heirs, legatees, successors and assigns of the Guarantor. If this Guaranty is executed by more than one Guarantorperson, it shall be the joint and several undertaking of each of the undersigned. Regardless of whether this Guaranty is executed by more than one Guarantorperson, it is agreed that the undersigned’s liability of the undersigned hereunder is several and independent of any other guarantees or other obligations at any time in effect with respect to the Guaranteed Obligations or any part thereof thereof, and that the Guarantor’s liability of the Guarantor hereunder may be enforced regardless of the existence, validity, enforcement or non‑enforcement non-enforcement of any such other guarantees or other obligations.
Appears in 2 contracts
Samples: Limited Guaranty of Payment (Grubb & Ellis Healthcare REIT, Inc.), Limited Guaranty of Payment (Grubb & Ellis Healthcare REIT, Inc.)
Successors and Assigns; Joint and Several Liability. This Guaranty shall inure to the benefit of the Lender and its successors and assigns. This Guaranty shall be binding on the each Guarantor and the heirs, legatees, successors and assigns of the such Guarantor. If this Guaranty is executed by more than one Guarantor, it shall be the joint and several undertaking of each of the undersigned. Regardless of whether this Guaranty is executed by more than one Guarantor, it is agreed that the liability of the undersigned hereunder is several and independent of any other guarantees or other obligations at any time in effect with respect to the Guaranteed Obligations or any part thereof and that the liability of the any Guarantor hereunder may be enforced regardless of the existence, validity, enforcement or non‑enforcement non-enforcement of any such other guarantees or other obligations.
Appears in 2 contracts
Samples: Guaranty of Payment and Performance (Adcare Health Systems Inc), Guaranty of Payment and Performance (Adcare Health Systems Inc)
Successors and Assigns; Joint and Several Liability. This Guaranty shall inure to the benefit of the Lender and its successors and assigns. This Guaranty shall be binding on the Guarantor and the heirs, legatees, successors and assigns of the Guarantor. If this Guaranty is executed by more than one Guarantorperson, it shall be the joint and several undertaking of each of the undersigned. Regardless of whether this Guaranty is executed by more than one Guarantorperson, it is agreed that the undersigned's liability of the undersigned hereunder is several and independent of any other guarantees or other obligations at any time in effect with respect to the Guaranteed Borrower's Obligations or any part thereof and that the Guarantor's liability of the Guarantor hereunder may be enforced regardless of the existence, validity, enforcement or non‑enforcement non-enforcement of any such other guarantees or other obligations.
Appears in 1 contract
Samples: Guaranty of Payment (NNN Healthcare/Office REIT, Inc.)
Successors and Assigns; Joint and Several Liability. This Guaranty shall inure to the benefit of the Lender and its successors and assigns. This Guaranty shall be binding on the Guarantor and the heirs, legatees, successors and assigns of the Guarantor. If this Guaranty is executed by more than one Guarantorperson, it shall be the joint and several undertaking of each of the undersigned. Regardless of whether this Guaranty is executed by more than one Guarantorperson, it is agreed that the undersigned’s liability of the undersigned hereunder is several and independent of any other guarantees or other obligations at any time in effect with respect to the Guaranteed Borrower’s Obligations or any part thereof and that the Guarantor’s liability of the Guarantor hereunder may be enforced regardless of the existence, validity, enforcement or non‑enforcement non-enforcement of any such other guarantees or other obligations.
Appears in 1 contract
Samples: Guaranty of Payment and Completion (Horizon Group Properties Inc)
Successors and Assigns; Joint and Several Liability. This Guaranty shall inure to the benefit of the Lender and its successors and assigns. This Guaranty shall be binding on the Guarantor and the heirs, legatees, successors and assigns of the Guarantor. If this Guaranty is executed by more than one Guarantorperson, it shall be the joint and several undertaking of each of the undersigned. Regardless of whether this Guaranty is executed by more than one Guarantorperson, it is agreed that the undersigned’s liability of the undersigned hereunder is several and independent of any other guarantees or other obligations at any time in effect with respect to the Guaranteed Borrower’s Obligations or any part thereof and that the Guarantor’s liability of the Guarantor hereunder may be enforced regardless of the existence, validity, enforcement or non‑enforcement non-enforcement of any such other guarantees or other obligations.
Appears in 1 contract
Samples: Revolving Credit Agreement (Behringer Harvard Reit I Inc)
Successors and Assigns; Joint and Several Liability. This Guaranty shall inure to the benefit of Agent, the Lender Banks and its their respective successors and assigns. This Guaranty shall be binding on the Guarantor and the heirs, legatees, successors and assigns of the Guarantor. If this Guaranty is executed by more than one Guarantor, it shall be the joint and several undertaking of each of the undersigned. Regardless of whether this Guaranty is executed by more than one Guarantor, it It is agreed that the liability of the undersigned Guarantor hereunder is several and independent of any other guarantees or other obligations at any time in effect with respect to the Guaranteed Obligations or any part thereof and that the liability of the Guarantor hereunder may be enforced regardless of the existence, validity, enforcement or non‑enforcement non-enforcement of any such other guarantees or other obligations. Office REIT and each of the Subsidiary Guarantors who may join in this Guaranty agree and acknowledge that the liability of Office REIT and each of the Subsidiary Guarantors hereunder is joint and several.
Appears in 1 contract
Samples: Guaranty of Payment (NNN Healthcare/Office REIT, Inc.)
Successors and Assigns; Joint and Several Liability. This Guaranty shall inure to the benefit of the Lender and its successors and assigns. This Guaranty shall be binding on the Guarantor and the heirs, legatees, successors and assigns of the Guarantor. If this Guaranty is executed by more than one Guarantorperson, it shall be the joint and several undertaking of each of the undersigned. Regardless of whether this Guaranty is executed by more than one Guarantorperson, it is agreed that the undersigned’s liability of the undersigned hereunder is several and independent of any other guarantees or other obligations at any time in effect with respect to the Guaranteed Borrower’s Obligations or any part thereof and that the Guarantor’s liability of the Guarantor hereunder may be enforced regardless of the existence, validity, enforcement or non‑enforcement non-enforcement of any such other guarantees or other obligations.
Appears in 1 contract
Successors and Assigns; Joint and Several Liability. This Guaranty shall inure inures to the benefit of the Lender and its successors and assigns. This Guaranty shall be is binding on the Guarantor and the heirs, legatees, successors and assigns of the Guarantor. If this Guaranty is executed by more than one Guarantorperson, it shall be the joint parties are then jointly and several undertaking severally responsible for all of the undertakings of each of the undersigned. Regardless of whether this Guaranty is executed by more than one Guarantorperson, it is agreed that the undersigned's liability of the undersigned hereunder is several and independent of any other guarantees or other obligations at any time in effect with respect to the Guaranteed Obligations or any part thereof and that the Guarantor's liability of the Guarantor hereunder under this Guaranty may be enforced regardless of the existence, validity, enforcement or non‑enforcement non-enforcement of any such other guarantees or other obligations.
Appears in 1 contract
Samples: Loan Agreement
Successors and Assigns; Joint and Several Liability. This Guaranty shall inure to the benefit of the Lender and its successors and assigns. This Guaranty shall be binding on the Guarantor Guarantor, and the heirs, legatees, successors and assigns of the Guarantor. If this Guaranty is executed by more than one Guarantorperson, it shall be the joint and several undertaking of each of the undersigned. Regardless of whether this Guaranty is executed by more than one Guarantorperson, it is agreed that the undersigned’s liability of the undersigned hereunder is several and independent of any other guarantees or other obligations at any time in effect with respect to the Guaranteed Obligations or any part thereof thereof, and that the Guarantor’s liability of the Guarantor hereunder may be enforced regardless of the existence, validity, enforcement or non‑enforcement non-enforcement of any such other guarantees or other obligations, subject to the terms of Section 11 hereof.
Appears in 1 contract
Samples: Limited Guaranty of Payment (Grubb & Ellis Healthcare REIT, Inc.)
Successors and Assigns; Joint and Several Liability. This Guaranty shall inure to the benefit of the Lender and its successors and assigns. This Guaranty shall be binding on the Guarantor and the heirs, legatees, successors and assigns of the Guarantor. If this Guaranty is executed by more than one Guarantor, it shall be the joint and several undertaking of each of the undersigned. Regardless of whether this Guaranty is executed by more than one Guarantor, it is agreed that the liability of the undersigned hereunder is several and independent of any other guarantees or other obligations at any time in effect with respect to the Guaranteed Obligations or any part thereof and that the liability of the Guarantor hereunder may be enforced regardless of the existence, validity, enforcement or non‑enforcement non-enforcement of any such other guarantees or other obligations.
Appears in 1 contract
Samples: Guaranty of Payment and Performance (Adcare Health Systems Inc)
Successors and Assigns; Joint and Several Liability. This Guaranty shall inure to the benefit of the Lender Landlord and its successors and assigns. This Guaranty shall be binding on the Guarantor and the heirs, legatees, successors and assigns of the Guarantor. If this Guaranty is executed by more than one Guarantorperson, it shall be the joint and several undertaking of each of the undersigned. Regardless of whether this Guaranty is executed by more than one Guarantorperson, it is agreed that the undersigned's liability of the undersigned hereunder is several and independent of any other guarantees or other obligations at any time in effect with respect to the Guaranteed Obligations or any part thereof and that the liability of the Guarantor Guarantor's Liability hereunder may be enforced regardless of the existence, validity, enforcement or non‑enforcement non-enforcement of any such other guarantees or other obligationsObligations.
Appears in 1 contract
Samples: Guaranty of Lease (Cargo Connection Logistics Holding, Inc.)