Continuing Guaranty definition

Continuing Guaranty which includes, without limitation, the possibility that Borrower will contract for additional indebtedness for which Guarantor may be liable hereunder after Xxxxxxxx's financial condition or ability to pay its lawful debts when they fall due has deteriorated.

Continuing Guaranty means that certain Continuing Guaranty, dated as of the date hereof, by the Guarantors in favor of Bank.

Continuing Guaranty means the Continuing Guaranty and Indemnification Agreement attached as Exhibit E.

Examples of Continuing Guaranty in a sentence

• This is a Continuing Guaranty relating to all of the Indebtedness, including Indebtedness arising under successive transactions which from time to time continue the Indebtedness or renew it after it has been satisfied.

• In addition and notwithstanding anything to the contrary contained in this Continuing Guaranty or in any other document, instrument or agreement between or among any of Lender, Borrower, Guarantor or any third party, the obligations of Guarantor with respect to the Liabilities shall be joint and several with any other person or entity that now or hereafter executes a guaranty of any of the Liabilities separate from this Continuing Guaranty.

• This Continuing Guaranty shall be binding upon Guarantor and Guarantor's successors and assigns and shall inure to the benefit of Lender and its successors and assigns.

• Guarantor acknowledges that Guarantor is not relying upon any statements or representations of Lender not contained in this Continuing Guaranty and that such statements or representations, if any, are of no force or effect and are fully superseded by this Continuing Guaranty.

• Any amounts received by Lender from whatever source on account of the Liabilities may be applied by Lender toward the payment of such of the Liabilities, and in such order of application, as Lender may from time to time elect, and notwithstanding any payments made by or for the account of Guarantor pursuant to this Continuing Guaranty.

More Definitions of Continuing Guaranty

Continuing Guaranty set forth in Section 1.01 of the Loan Agreement is hereby deleted in its entirety and the following substituted in lieu thereof:

Continuing Guaranty means the unlimited continuing guarantee of all Secured Obligations executed now or at any time hereafter by each Subsidiary, in the form of Exhibit A attached hereto and incorporated herein by reference.

Continuing Guaranty means the Continuing Guaranty and Indemnification Agreement dated October 8, 2002, executed and delivered by TMC in favor of Distributor’s parent corporation, AmerisourceBergen Corporation, a copy of which is attached hereto as Schedule B.

Continuing Guaranty. For good and valuable consideration, JOHN C. SCHAEFFER ("Xxxxxxxxx") xxxolutely and unconditionally guarantees and promises to pay to National Bank of the Redwoods ("Lender") or its order, in legal tender of the United States of America, the Indebtedness (as that term is defined below) of REAL GOODS TRADING CORPORATION ("Borrower") to Lender on the terms and conditions set forth in this Guaranty. The obligations of Guarantor under this Guaranty are continuing.

Continuing Guaranty and “Continuing Guaranties” have the meanings set forth in Section 3.11 below.

Continuing Guaranty. The undersigned, as individuals, jointly and severally, unconditionally guarantee to Riviera full payment and prompt and faithful performance by the Client of all of its present and future indebtedness and obligations to Riviera which may arise pursuant to the Agreement, each Schedule of Accounts, and any addenda or modifications thereto. This guaranty shall constitute a continuing guaranty of the obligations. The undersigned waives any right to require Riviera to proceed against the Client, any Customer, or any other person, or proceed against or exhaust any security, or pursue any other remedy in Riviera's power. The words "indebtedness" and "obligations" are used herein in their most comprehensive sense and include any and all advances, debts, obligations and liabilities of the Client heretofore, whether due or not due, absolute or contingent, liquidated or unliquidated, determined or undetermined, and whether the Client may be liable individually or jointly with others, or whether recovery may be or hereafter become barred by any statute of limitations or otherwise become unenforceable. The undersigned guarantors hereby represent and warrant that it is in the undersigned guarantor's direct interest to assist the Client because of the undersigned guarantor's position in and economic or other relations with the Client.

Continuing Guaranty means that certain Continuing Guaranty dated October 5, 1995, and executed by the Guarantors in favor of Lender (an unexecuted copy of which is attached hereto as Exhibit F), as amended by that certain First Amendment to Continuing Guaranty dated January 5, 1996 (an unexecuted copy of which is attached hereto as Exhibit F-1), and as the same may from time to time be further amended, modified, extended or renewed."