Common use of DURATION OF GUARANTY Clause in Contracts

DURATION OF GUARANTY. This Guaranty will take effect when received by Buyer without the necessity of any acceptance by Buyer, or any notice to Guarantor or to Seller, and will continue in full force until all of the Indebtedness incurred or contracted shall have been fully and finally paid and satisfied and all other obligations of Guarantor under this Guaranty shall have been performed in full. This Guaranty shall bind the estate of Guarantor as to Indebtedness created both before and after the death or incapacity of Guarantor, regardless of Buyer's actual notice of Guarantor's death. Release of any other guarantor or termination of any other guaranty of the Indebtedness shall not affect the liability of Guarantor under this Guaranty. It is anticipated that fluctuations may occur in the aggregate amount of the Indebtedness covered by this Guaranty, and it is specifically acknowledged and agreed by Guarantor that reductions in the amount of Indebtedness, even to zero dollars ($0.00) shall not constitute a termination of this Guaranty. This Guaranty is irrevocable and is binding upon Guarantor and Guarantor's heirs, successors and assigns so long as any of the guaranteed Indebtedness remains unpaid and even though the Indebtedness guaranteed may from time to time be zero ($0.00) dollars.

DURATION OF GUARANTY. This Guaranty will take effect when received by Buyer without the necessity of any acceptance by Buyer, or any notice to Guarantor or to Seller, and will continue continue, in full force until all of the Indebtedness incurred or contracted shall have been fully and finally paid and satisfied and all other obligations of Guarantor under this Guaranty shall have been performed in full. This Guaranty shall bind the estate of Guarantor as to Indebtedness created both before and after the death or incapacity of Guarantor, regardless of Buyer's actual notice of Guarantor's death. Release of any other guarantor or termination of any other guaranty of the Indebtedness shall not affect the liability of Guarantor under this Guaranty. It is anticipated that fluctuations may occur in the aggregate amount of the Indebtedness covered by this Guaranty, and it is specifically acknowledged and agreed by Guarantor that reductions in the amount of Indebtedness, even to zero dollars ($0.00) shall not constitute a termination of this Guaranty. This Guaranty is irrevocable and is binding upon Guarantor and Guarantor's heirs, successors and assigns so long as any of the guaranteed Indebtedness remains unpaid and even though the Indebtedness guaranteed may from time to time be zero ($0.00) dollars.

DURATION OF GUARANTY. This Guaranty will take effect when received by Buyer Lender without the necessity of any acceptance by BuyerLender, or any notice to Guarantor or to SellerBorrower, and will continue in full force until all of the Indebtedness incurred or contracted shall have been fully and finally paid and satisfied and all of Guarantor's other obligations of Guarantor under this Guaranty shall have been performed in full. This Guaranty shall bind the estate of Guarantor as to Indebtedness created both before and after the death or incapacity of Guarantor, regardless of Buyer's actual notice of Guarantor's death. Release of any other guarantor or termination of any other guaranty of the Indebtedness shall not affect the liability of Guarantor under this Guaranty. It A revocation Lender receives from any one or more Guarantors shall not affect the liability of any remaining Guarantors under this Guaranty. This Guaranty covers a revolving line of credit and it is specifically anticipated that fluctuations may will occur in the aggregate amount of the Indebtedness covered by this Guaranty, owing from Borrower to Lender. Guarantor specifically acknowledges and it is specifically acknowledged and agreed by Guarantor agrees that reductions fluctuations in the amount of Indebtedness, even to zero dollars ($0.00) ), shall not constitute a termination of this Guaranty. This Guaranty is irrevocable and is binding upon Guarantor and Guarantor's heirs, successors liability under this Guaranty shall terminate only upon (A) termination in writing by Xxxxxxxx and assigns so long as any Lender of the guaranteed Indebtedness remains unpaid and even though line of credit, (B) payment of the Indebtedness guaranteed may from time to time be zero in full in legal tender, and ($0.00C) dollarspayment in full in legal tender of all of Guarantor's other obligations under this Guaranty.

DURATION OF GUARANTY. This Guaranty will take effect when received by Buyer without the necessity of any acceptance by Buyer, or any notice to Guarantor or to Seller, and will continue continue,in full force until all of the Indebtedness incurred or contracted shall have been fully and finally paid and satisfied and all other obligations of Guarantor under this Guaranty shall have been performed in full. This Guaranty shall bind the estate of Guarantor as to Indebtedness created both before and after the death or incapacity of Guarantor, regardless of Buyer's actual notice of Guarantor's death. Release of any other guarantor or termination of any other guaranty of the Indebtedness shall not affect the liability of Guarantor under this Guaranty. It is anticipated that fluctuations may occur in the aggregate amount of the Indebtedness covered by this Guaranty, and it is specifically acknowledged and agreed by Guarantor that reductions in the amount of Indebtedness, even to zero dollars ($0.00) shall not constitute a termination of this Guaranty. This Guaranty is irrevocable and is binding upon Guarantor and Guarantor's heirs, successors and assigns so long as any of the guaranteed Indebtedness remains unpaid and even though the Indebtedness guaranteed may from time to time be zero ($0.00) dollars.

DURATION OF GUARANTY. This Guaranty will take effect when received by Buyer Lender without the necessity of any acceptance by BuyerLender, or any notice to Guarantor or to SellerBorrower, and will continue in full force until all of the Indebtedness incurred or contracted shall have been fully and finally paid and satisfied and all of Guarantor’s other obligations of Guarantor under this Guaranty shall have been performed in full. This Guaranty shall bind the estate of Guarantor as to Indebtedness created both before and after the death or incapacity of Guarantor, regardless of Buyer's actual notice of Guarantor's death. Release of any other guarantor or termination of any other guaranty of the Indebtedness shall not affect the liability of Guarantor under this Guaranty. It A revocation Lender receives from any one or more Guarantors shall not affect the liability of any remaining Guarantors under this Guaranty. This Guaranty covers a revolving line of credit and it is specifically anticipated that fluctuations may will occur in the aggregate amount of the Indebtedness covered by this Guaranty, Indebtedness. Guarantor specifically acknowledges and it is specifically acknowledged and agreed by Guarantor agrees that reductions fluctuations in the amount of the Indebtedness, even to zero dollars ($$ 0.00) ), shall not constitute a termination of this Guaranty. This Guarantor’s liability under this Guaranty is irrevocable shall terminate only upon (A) termination in writing by Borrower and is binding upon Guarantor and Guarantor's heirs, successors and assigns so long as any Lender of the guaranteed Indebtedness remains unpaid and even though line of credit, (B) payment of the Indebtedness guaranteed may from time to time be zero in full in legal tender, and ($0.00C) dollarspayment in full in legal tender of all of Guarantor’s other obligations under this Guaranty.

DURATION OF GUARANTY. This Guaranty will take effect when an executed copy is received by Buyer Lender without the necessity of any acceptance by BuyerLender, or any notice to Guarantor or to SellerBorrower, and will continue in full force until all of the Indebtedness incurred or contracted shall have been fully and finally paid and satisfied and all other obligations of Guarantor under this Guaranty shall have been performed in full. All renewals, extensions, substitutions and modifications of the Indebtedness are contemplated under this Guaranty. This Guaranty shall bind the estate of Guarantor as to Indebtedness created both before and after the death death, incapacity or incapacity incompetency of Guarantor, regardless of BuyerLender's actual notice of Guaranty Agreement - Unconditional Payment (ORM Timber Fund III (REIT) Inc./Note No. 6219327) Guarantor's death. Release of any other guarantor or termination of any other guaranty of If the Indebtedness shall not affect is for a revolving line of credit, the liability terms of Guarantor under this Guaranty. It is anticipated that which permit Borrower to borrow, repay and reborrow Loan proceeds, then fluctuations may occur in the aggregate amount of the Indebtedness covered by this Guaranty, and it is specifically acknowledged and agreed by Guarantor that reductions in the amount of Indebtedness, even to zero dollars ($0.00) ), shall not constitute a termination of this Guaranty. This Guaranty is irrevocable and is binding upon Guarantor and Guarantor's heirs, successors and assigns so long as any of the guaranteed Indebtedness remains unpaid and even though the Indebtedness guaranteed may from time to time be zero dollars ($0.00) dollars).