Character of Obligations. (a) This is an absolute, continuing and unconditional guaranty of payment and not of collection and if at any time or from time to time there is no outstanding Guaranteed Indebtedness, the obligations of Guarantor with respect to any and all Guaranteed Indebtedness incurred thereafter shall not be affected. This Guaranty and the Guarantor's obligations hereunder are irrevocable and, in the event of Guarantor's death, shall be binding upon Guarantor's estate. All of the Guaranteed Indebtedness shall be conclusively presumed to have been made or acquired in acceptance hereof. Guarantor shall be liable, jointly and severally, with Borrower and any other guarantor of all or any part of the Guaranteed Indebtedness.
Appears in 12 contracts
Samples: Continuing Guaranty Agreement (Applied Blockchain, Inc.), Guaranty Agreement (State National Companies, Inc.), Guaranty Agreement (Behringer Harvard Short Term Opportunity Fund I Lp)
Character of Obligations. (a) This is an absolute, continuing and unconditional guaranty Guaranty of payment and not of collection and if at any time or from time to time there is no outstanding Guaranteed Indebtedness, the obligations of the Guarantor with respect to any and all Guaranteed Indebtedness of Borrower to Bank incurred thereafter shall not be affected. This Guaranty and the Guarantor's obligations hereunder are irrevocable and, and in the event of Guarantor's death, shall be binding upon Guarantor's estateestate pursuant to paragraph 10 herein. All of the Guaranteed Indebtedness shall be conclusively presumed to have been made or acquired in acceptance hereof. Guarantor shall be primarily liable, jointly and severally, with Borrower and any other guarantor of all or any part of the Guaranteed Indebtedness.
Appears in 2 contracts
Samples: Limited Guaranty (Avatar Systems Inc), Avatar Systems Inc
Character of Obligations. (a1) This is an absolute, continuing and unconditional guaranty of payment and not of collection and if at any time or from time to time there is no outstanding Guaranteed Indebtedness, the obligations of Guarantor with respect to any and all Guaranteed Indebtedness incurred thereafter shall not be affected. This Guaranty and the Guarantor's obligations hereunder are irrevocable and, in the event of Guarantor's death, shall be binding upon Guarantor's estateestate pursuant to PARAGRAPH 10 herein. All of the Guaranteed Indebtedness shall be conclusively presumed to have been made or acquired in acceptance hereof. Guarantor shall be liableGUARANTOR SHALL BE LIABLE, jointly and severallyJOINTLY AND SEVERALLY, with Borrower and any other guarantor of all or any part of the Guaranteed IndebtednessWITH BORROWER AND ANY OTHER GUARANTOR OF ALL OR ANY PART OF THE GUARANTEED INDEBTEDNESS.
Appears in 2 contracts
Samples: Behringer Harvard Reit I Inc, Behringer Harvard Reit I Inc
Character of Obligations. (a) This is an absolute, continuing and unconditional guaranty of payment and not of collection and if at any time or from time to time there is no outstanding Guaranteed Indebtedness, the obligations of Guarantor with respect to any and all Guaranteed Indebtedness incurred thereafter shall not be affected. This Guaranty and the Guarantor's ’s obligations hereunder are irrevocable and, in the event of Guarantor's ’s death, shall be binding upon Guarantor's ’s estate. All of the Guaranteed Indebtedness shall be conclusively presumed to have been made or acquired in acceptance hereof. Guarantor shall be liable, jointly and severally, with Borrower and any other guarantor of all or any part of the Guaranteed Indebtedness.
Appears in 2 contracts
Samples: Guaranty Agreement (Us Home Systems Inc), Guaranty Agreement (Us Home Systems Inc)
Character of Obligations. (a) This is an absolute, continuing and unconditional guaranty Guaranty of payment and not of collection and if at any time or from time to time there is no outstanding Guaranteed Indebtedness, the obligations of the Guarantor with respect to any and all Guaranteed Indebtedness of Borrower to Bank incurred thereafter shall not be affected. This Guaranty and the Guarantor's obligations hereunder are irrevocable and, and in the event of Guarantor's death, shall be binding upon Guarantor's estateestate pursuant to paragraph 10 herein. All of the Guaranteed Indebtedness shall be conclusively presumed to have been made or acquired in acceptance hereof. , Guarantor shall be primarily liable, jointly and severally, with Borrower and any other guarantor of all or any part of the Guaranteed Indebtedness.
Appears in 1 contract
Samples: Guaranty (Avatar Systems Inc)
Character of Obligations. (a) (a) This is an absolute, continuing and unconditional guaranty of payment and not of collection and if at any time or from time to time there is no outstanding Guaranteed Indebtedness, the obligations of Guarantor with respect to any and all Guaranteed Indebtedness incurred thereafter shall not be affected. This Guaranty and the Guarantor's ’s obligations hereunder are irrevocable and, in the event of Guarantor's ’s death, shall be binding upon Guarantor's ’s estate. All of the Guaranteed Indebtedness shall be conclusively presumed to have been made or acquired in acceptance hereof. Guarantor shall be liable, jointly and severally, with Borrower and any other guarantor of all or any part of the Guaranteed Indebtedness.
Appears in 1 contract
