Common use of UNCONDITIONAL AND CONTINUING GUARANTY Clause in Contracts

UNCONDITIONAL AND CONTINUING GUARANTY. Guarantor's liabilities and other obligations under this Agreement are unconditional and effective immediately, and (except for those surviving indefinitely pursuant to section 11) shall remain in full effect until the payment in full of the Subject Debt, regardless of the lapse of time, regardless of the fact that there may be a time or times when no Subject Debt is outstanding, regardless of any act, omission, or course of dealing whatever on Bank's part, and regardless of any other event, condition, or thing. Without limiting the generality of the foregoing, neither the amount of the Subject Debt for purposes of this Agreement nor Guarantor's liability under this Agreement shall be diminished or impaired by: