Common use of Unconditional nature of guarantee Clause in Contracts

Unconditional nature of guarantee. The Guarantor hereby agrees that its obligations under the guarantee set forth in Section 11.01 hereof shall be irrevocable and unconditional, irrespective of the invalidity, irregularity or unenforceability of this Agreement or any other Related Document against the Cash Manager, the absence of any action to enforce the Cash Manager's obligations hereunder or under any other Related Document, any waiver or consent by any party hereto with respect to any provisions thereof, any amendment to the terms hereof or of any other Related Document, the bankruptcy of the Cash Manager or any circumstance which might otherwise constitute a legal or equitable discharge or defense of a guarantor; provided, however, that the Guarantor shall be entitled to exercise any right that the Cash Manager could have exercised under this Agreement to cure any default in respect of its obligations hereunder or under any other Related Document, if any, but only to the extent such right, if any, is provided to the Cash Manager hereunder or under any other Related Document.

Unconditional nature of guarantee. The Guarantor hereby agrees that its obligations under the guarantee set forth in Section 11.01 13.01 hereof shall be irrevocable and unconditional, irrespective of the invalidity, irregularity or unenforceability of this Agreement or any other Related Document against the Cash ManagerServicer, the absence of any action to enforce the Cash ManagerServicer's obligations hereunder or under any other Related Document, any waiver or consent by any party hereto with respect to any provisions thereof, any amendment to the terms hereof or of any other Related Document, the bankruptcy of the Cash Manager Servicer or any circumstance which might otherwise constitute a legal or equitable discharge or of defense of a guarantor; provided, however, that the Guarantor shall be entitled to exercise any right that the Cash Manager Servicer could have exercised under this Agreement to cure any default in respect of its obligations hereunder or under any other Related Document, if any, but only to the extent such right, if any, is provided to the Cash Manager Servicer hereunder or under any other Related Document.

Unconditional nature of guarantee. The Guarantor hereby agrees that its obligations under the guarantee set forth in Section 11.01 hereof shall be irrevocable and unconditional, irrespective of the invalidity, irregularity or unenforceability of this Agreement or any other Related Relevant Document against the Cash Manager, the absence of any action to enforce the Cash Manager's obligations hereunder or under any other Related Relevant Document, any waiver or consent by any party hereto with respect to any provisions thereof, any amendment to the terms hereof or of any other Related Relevant Document, the bankruptcy of the Cash Manager or any circumstance which might otherwise constitute a legal or equitable discharge or of defense of a guarantor; provided, however, that the Guarantor shall be entitled to exercise any right that the Cash Manager could have exercised under this Agreement to cure any default in respect of its obligations hereunder or under any other Related Relevant Document, if any, but only to the extent such right, if any, is provided to the Cash Manager hereunder or under any other Related Relevant Document.