Common use of Absolute Rights and Obligations Clause in Contracts

Absolute Rights and Obligations. This is a guaranty of payment and not of collection. The Subsidiary Guarantors’ Obligations under this Agreement shall be joint and several, absolute and unconditional irrespective of, and each Subsidiary Guarantor hereby expressly waives, to the extent permitted by law, any defense to its obligations under this Agreement and all other Credit Documents to which it is a party by reason of:

Appears in 3 contracts

Samples: Credit Agreement (Aptargroup Inc), Credit Agreement (Aptargroup Inc), Credit Agreement (Aptargroup Inc)

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Absolute Rights and Obligations. This is a guaranty of payment and not of collection. The Subsidiary Guarantors’ Obligations under this Subsidiary Guaranty Agreement shall be joint and several, absolute and unconditional irrespective of, and each Subsidiary Guarantor hereby expressly waives, to the extent permitted by law, any defense to its obligations under this Subsidiary Guaranty Agreement and all other Credit Collateral Documents to which it is a party by reason of:

Appears in 2 contracts

Samples: Subsidiary Guaranty Agreement (Mastec Inc), Subsidiary Guaranty Agreement (Mastec Inc)

Absolute Rights and Obligations. This is a guaranty of payment and not of collection. The Subsidiary Guarantors’ Obligations under this Agreement shall be joint and several, absolute and unconditional irrespective of, and each Subsidiary Guarantor hereby expressly waives, to the extent permitted by law, any defense to its obligations under this Agreement and all other Credit Documents to which it is a party by reason of:

Appears in 1 contract

Samples: Credit Agreement (Clarcor Inc.)

Absolute Rights and Obligations. This is a guaranty of payment and not of collection. The Subsidiary Guarantors’ Obligations under this Subsidiary Guaranty Agreement shall be joint and several, absolute and unconditional irrespective of, and each Subsidiary Guarantor hereby expressly waives, to the extent permitted by lawLaw, any defense to its obligations under this Subsidiary Guaranty Agreement and all other Credit Collateral Documents to which it is a party by reason of:

Appears in 1 contract

Samples: Subsidiary Guaranty Agreement (Fresh Del Monte Produce Inc)

Absolute Rights and Obligations. This is a guaranty of payment and not of collection. The Subsidiary Guarantors’ Obligations under this Subsidiary Guaranty Agreement shall be joint and several, absolute and unconditional irrespective of, and each Subsidiary Guarantor hereby expressly waives, to the extent permitted by law, any defense to its obligations 151153073 under this Subsidiary Guaranty Agreement and all other Credit Loan Documents to which it is a party by reason of:

Appears in 1 contract

Samples: Subsidiary Guaranty Agreement (Mastec Inc)

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Absolute Rights and Obligations. This is a guaranty of payment and not of collection. The Subsidiary Guarantors’ Obligations under this Subsidiary Guaranty Agreement shall be joint and several, absolute and unconditional irrespective of, and each Subsidiary Guarantor hereby expressly waives, to the extent permitted by law, any defense to its obligations under this Subsidiary Guaranty Agreement and all other Credit Documents Security Instruments to which it is a party by reason of:

Appears in 1 contract

Samples: Subsidiary Guaranty Agreement

Absolute Rights and Obligations. This is a guaranty of payment and not of collection. The Subsidiary Guarantors’ Obligations under this Agreement Subsidiary Guaranty shall be joint and several, absolute and unconditional irrespective of, and each Subsidiary Guarantor hereby expressly waives, to the extent permitted by lawLaw, any defense to its obligations under this Agreement Subsidiary Guaranty and all other Credit Documents Security Instruments (if applicable) to which it is a party by reason of:

Appears in 1 contract

Samples: Credit Agreement (Urs Corp /New/)

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