Common use of CONTINUING GUARANTY AND REVOCATION Clause in Contracts

CONTINUING GUARANTY AND REVOCATION. This Guaranty guaranties the Guarantied Obligations, including Borrower's existing obligations under the Loan Documents, as well as all future advances made under the Loan Documents. This Guaranty also guaranties Borrower's future liability under successive transactions which either continue the Guarantied Obligations or from time to time renew some or all of them after having been satisfied and to that extent is a continuing guaranty of the Guarantied Obligations. Guarantor may not terminate or revoke this Guaranty. Guarantor irrevocably waives any right he has, including any rights under California Civil Code Section 2815, to terminate or revoke the continuing nature of this Guaranty and its application to any Guarantied Obligations arising after any attempt to terminate this Guaranty.