Common use of Change in Composition Clause in Contracts

Change in Composition. Should the status, composition, structure or name of Debtor change, including, but not limited to by reason of a merger, dissolution, consolidation or reorganization, this guaranty shall continue and also cover the indebtedness and Obligations of Debtor under the new status, composition, structure or name according to the terms hereof. If Debtor is a general or limited partnership, no termination of said partnership, nor withdrawal therefrom by, or termination of any ownership interest therein owned by, any general or limited partner of such partnership shall alter, limit or modify Guarantor's Obligations set forth in this Guaranty or otherwise affect this Guaranty in any manner whatsoever, all of which obligations of Guarantor shall remain in effect as herein written.

Change in Composition. Should the status, composition, structure or name of Debtor Tenant change, including, but not limited to to, by reason of a merger, dissolution, consolidation or reorganization, this guaranty Guaranty shall continue and also cover the indebtedness and Obligations of Debtor Tenant under the new status, composition, composition structure or name according to the terms hereof. If Debtor Tenant is a general or limited partnership, no termination of said partnership, nor withdrawal therefrom by, or termination of any ownership interest therein owned by, any general or limited partner of such partnership shall alter, limit or modify Guarantor's Obligations ’s obligations set forth in this Guaranty or otherwise affect this Guaranty in any manner whatsoever, all of which obligations of Guarantor shall remain in effect as herein written.

Change in Composition. Should the status, composition, structure or name of Debtor Tenant change, including, but not limited to to, by reason of a merger, dissolution, consolidation or reorganization, this guaranty Guaranty shall continue and also cover the indebtedness and Obligations of Debtor Tenant under the new status, composition, composition structure or name according to the terms hereof. If Debtor Tenant is a general or limited partnership, no termination of said partnership, nor withdrawal therefrom by, or termination of any ownership interest therein owned by, any general or limited partner of such partnership shall alter, limit or modify Guarantor's Obligations ’s obligations set forth in this Guaranty or otherwise affect this Guaranty in any manner whatsoever, all of which obligations of Guarantor shall remain in effect as herein written.