Common use of Unenforceability of Obligations Clause in Contracts

Unenforceability of Obligations. As a separate continuing primary obligation, the Guarantor undertakes to indemnify the Lender on demand against each loss, claim and expense incurred by the Lender should any of the Guaranteed Indebtedness not be recoverable from the Borrower, the Guarantor or any other person for any reason whatsoever including (but not limited to) any Relevant Document being or becoming void, voidable, unenforceable or otherwise invalid or illegal in any respect, whether or not that reason is known to the Lender. In this clause, the expression "Guaranteed Indebtedness" includes any Indebtedness which would have been included in that expression but for anything referred to in this clause.

Unenforceability of Obligations. As a separate continuing primary obligation, the Guarantor undertakes to indemnify the Lender on demand against each loss, claim and expense incurred by the Lender should any of the Guaranteed Indebtedness not be recoverable from the Borrower, the Guarantor or any other person for any reason whatsoever including (but not limited to) any Relevant Document being or becoming void, voidable, unenforceable or otherwise invalid or illegal in any respect, whether or not that reason is known to the Lender. Lender In this clause, the expression "Guaranteed Indebtedness" includes any Indebtedness which would have been included in that expression but for anything referred to in this clause.