Waiver of Resort to Security. Guarantor further agrees that this Agreement, insofar as it constitutes a guarantee of monetary Obligations, constitutes a guarantee of payment when due and not of collection, and Guarantor waives any right to require as a condition to its Guaranty that any resort be had by Seller to any security held for the payment of any Obligation.
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Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Buckeye Partners, L.P.)
Waiver of Resort to Security. Guarantor further agrees that this Agreementthe Guaranty, insofar as it constitutes a guarantee of monetary Obligations, constitutes a guarantee of payment when due and not of collection, and Guarantor waives any right to require as a condition to its Guaranty that any resort be had by Seller Buyer to any security held for the payment of any Obligation.
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Samples: Guarantee Agreement (Harvest Natural Resources, Inc.)
Waiver of Resort to Security. Guarantor further agrees that this Agreement, insofar as it constitutes a guarantee of monetary Obligations, constitutes a guarantee of payment when due and not of collection, and Guarantor waives any right to require as a condition to its Guaranty Guarantee that any resort be had by Seller the Company to any security held for the payment of any Obligation.
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Samples: Guarantee Agreement (JIAYUAN.COM International LTD)
Waiver of Resort to Security. The Guarantor further agrees that this Agreement, insofar as it constitutes a guarantee of monetary Obligations, constitutes a guarantee of payment when due and not of collection, and the Guarantor waives any right to require as a condition to its Guaranty Guarantee that any resort be had by Seller a Beneficiary to any security held for the payment of any ObligationObligations.
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Waiver of Resort to Security. Guarantor further agrees that this Agreement, insofar as it Agreement constitutes a guarantee of monetary Obligations, constitutes a continuing guarantee of payment when due and not a guarantee of collection, and Guarantor waives any right to require as a condition to its Guaranty that any resort be had by Seller to any security held for the payment of any Obligation.
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Waiver of Resort to Security. Guarantor further agrees that this Agreement, insofar as it Agreement constitutes a guarantee of monetary Obligations, constitutes a continuing guarantee of payment when due and not a guarantee of collection, and Guarantor waives any right to require as a condition to its Guaranty that any resort be had by Seller Buyer to any security held for the payment of any Obligation.
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