CONTINUING GUARANTEE OF PAYMENT AND PERFORMANCE. Guarantor further agrees that its guarantee constitutes a continuing guarantee of payment and performance when due, and not of collection, and Guarantor further waives any right to require that any resort be had by Seller to any security.
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Samples: Interconnection Agreement (Southern Energy Inc), Interconnection Agreement (Potomac Electric Power Co)
CONTINUING GUARANTEE OF PAYMENT AND PERFORMANCE. Guarantor further agrees that its guarantee constitutes a continuing guarantee of payment and performance when due, due and not of collection, and Guarantor further waives any right to require that any resort be had by Seller to any security.
Appears in 1 contract
Samples: Agreement (Orion Power Holdings Inc)
CONTINUING GUARANTEE OF PAYMENT AND PERFORMANCE. Guarantor further agrees that its guarantee constitutes a continuing guarantee of payment and performance when due, and not of collection, and Guarantor further waives any right to require that any resort be had by any Seller or Sellers to any security.
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