Common use of Continued Enforceability Clause in Contracts

Continued Enforceability. If the whole or any part of this Subsidiary Guaranty shall be now or hereafter become unenforceable against any one or more of the Subsidiary Guarantors for any reason whatsoever or if it is not executed by any one or more of the Subsidiary Guarantors, this Subsidiary Guaranty shall nevertheless be and remain fully binding upon and enforceable against each other Guarantor as if it had been made and delivered only by such other Subsidiary Guarantors.

Appears in 2 contracts

Sources: Credit Agreement (Cornerstone Healthcare Plus Reit, Inc.), Subsidiary Guaranty Agreement (Grubb & Ellis Healthcare REIT II, Inc.)