Waiver of Certain Defenses. Guarantors waive any defense arising by reason of any disability or other defense of Buyer, or the cessation from any cause whatsoever of the liability of Buyer other than final payment in full of all Obligations, whether consensual or arising by operation of law or any bankruptcy, conservatorship, receivership, insolvency or debtor relief proceeding, or from any other cause, or any claim that Guarantors' obligations exceed or are more burdensome than those of Buyer either individually or in the aggregate.
Appears in 3 contracts
Samples: Guaranty (Rentech Inc /Co/), Guaranty (Rentech Inc /Co/), Guaranty (Rentech Inc /Co/)
Waiver of Certain Defenses. Guarantors waive Guarantor waives any defense arising by reason of any disability or other defense of BuyerDebtor, or the cessation from any cause whatsoever of the liability of Buyer other than final payment in full of all Obligations, whether consensual or arising by operation of law or any bankruptcy, conservatorship, receivership, insolvency or debtor relief proceeding, or from any other causeDebtor, or any claim that Guarantors' Guarantor's obligations exceed or are more burdensome than those of Buyer either individually or in Debtor, including any of the aggregateforegoing arising by virtue of any provision of the U.S. Bankruptcy Code (Title 11, U.S. Code) (the "Bankruptcy Code").
Appears in 3 contracts
Samples: Guaranty (Penhall International Corp), Guaranty (Water Pik Technologies Inc), Guaranty (Water Pik Technologies Inc)
Waiver of Certain Defenses. Guarantors waive Guarantor waives any defense arising by reason of any disability or other defense of BuyerBorrower, or the cessation from any cause whatsoever of the liability of Buyer Borrower (other than final by payment in full of all the Obligations, whether consensual or arising by operation of law or any bankruptcy, conservatorship, receivership, insolvency or debtor relief proceeding, or from any other cause), or any claim that Guarantors' Guarantor’s obligations exceed or are more burdensome than those of Buyer either individually or in Borrower, including any of the aggregateforegoing arising by virtue of any provision of the U.S. Bankruptcy Code (Title 11, U.S. Code) (the “Bankruptcy Code”).
Appears in 1 contract
Samples: Guaranty (Cronos Group)