Common use of Continuing Nature of Guaranty Clause in Contracts

Continuing Nature of Guaranty. (a) This Guaranty shall continue in full force and effect until payment in full of the Guaranteed Obligations. Each Guarantor acknowledges that there may be future advances by Agent to the Borrower and that the number and amount of the Guaranteed Obligations are unlimited and may fluctuate from time to time hereafter, and this Guaranty shall remain in force at all times hereafter, whether there are any Guaranteed Obligations outstanding from time to time or not.

Appears in 3 contracts

Samples: Continuing Guaranty Agreement (Pinstripes Holdings, Inc.), Continuing Guaranty Agreement (Pinstripes Holdings, Inc.), Continuing Guaranty Agreement (Banyan Acquisition Corp)

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Continuing Nature of Guaranty. (a) This Guaranty shall continue in full force and effect until payment in full Full Payment of the Guaranteed Obligations. Each Guarantor acknowledges that there may be future advances by Agent Guaranteed Parties to the Borrower Borrowers (although Guaranteed Parties may be under no obligation to make such advances) and that the number and amount of the Guaranteed Obligations are unlimited and may fluctuate from time to time hereafter, and this Guaranty shall remain in force at all times hereafter, whether there are any Guaranteed Obligations outstanding from time to time or notnot until Full Payment of the Guaranteed Obligations.

Appears in 1 contract

Samples: Continuing Guaranty Agreement (Superior Essex Inc)

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Continuing Nature of Guaranty. (a) This Guaranty shall continue in full force and effect until payment in full Full Payment of the Guaranteed Obligations. Each Guarantor acknowledges that there may be future advances by Agent Guaranteed Parties to the Borrower Borrowers (although Guaranteed Parties may be under no obligation to make such advances) and that the number and amount of the Guaranteed Obligations are may be unlimited and may fluctuate from time to time hereafter, and this Guaranty shall remain in force at all times hereafter, whether there are any Guaranteed Obligations outstanding from time to time or notnot until Full Payment of the Guaranteed Obligations.

Appears in 1 contract

Samples: Continuing Guaranty Agreement (Superior Essex Inc)

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