Termination of Guaranty. This Guaranty shall terminate and be of no further force or effect upon the payment of the Guaranteed Obligations in full.
Appears in 6 contracts
Samples: Conversion and Loan Modification Agreement (Arkanova Energy Corp.), Guaranty Agreement (Arkanova Energy Corp.), Guaranty Agreement (Arkanova Energy Corp.)
Termination of Guaranty. This Guaranty shall not be terminated in any manner and shall remain in full force and effect and be binding upon Guarantor and relied upon by the Beneficiary until the Obligations have been satisfied in full. Notwithstanding the foregoing, in the event Guarantor's employment is terminated by Debtor for any reason except for gross negligence and willful malfeasance or misfeasance, then this Guaranty shall terminate and be of no further force or effect upon the payment of the Guaranteed Obligations in fulland effect.
Appears in 2 contracts
Samples: Personal Guaranty (Global Med Technologies Inc), Personal Guaranty (Fronteer Financial Holdings LTD)
Termination of Guaranty. This Guaranty shall terminate terminate, and be of Guarantor shall no further force or effect longer have any liability hereunder, upon the payment Borrower’s satisfaction of the Guaranteed Unfunded Obligations in full.
Appears in 1 contract
Samples: Guaranty (Glimcher Realty Trust)
Termination of Guaranty. This Notwithstanding any contrary provision of this Guaranty, this Guaranty shall terminate and be of no further force or and effect upon the payment in full of the Guaranteed Obligations in fullNote.
Appears in 1 contract
Samples: Eldertrust
