Common use of Effectiveness; Enforceability Clause in Contracts

Effectiveness; Enforceability. This Subsidiary Guaranty shall be effective as of the date hereof, and shall continue in full force and effect until the Liabilities have been fully, finally and indefeasibly paid in full. This Subsidiary Guaranty shall be binding upon and inure to the benefit of the Guarantor and the Lender and their respective successors and assigns. Notwithstanding the foregoing, Guarantor may not, without the prior written consent of the Lender, assign any rights, powers, duties or obligations hereunder. Any claim or claims that the Lender may at any time hereafter have against the Guarantor under this Subsidiary Guaranty may be asserted by the Lender by written notice directed to the Guarantor at the address specified herein.

Effectiveness; Enforceability. This Subsidiary Guaranty shall be effective as of the date hereof, and shall continue in full force and effect until the Company's Liabilities have been fully, finally and indefeasibly paid in full. This Subsidiary Guaranty shall be binding upon and inure to the benefit of the Guarantor and the Lender and their respective successors and assigns. Notwithstanding the foregoing, Guarantor may not, without the prior written consent of the Lender, assign any rights, powers, duties or obligations hereunder. Any claim or claims that the Lender may at any time hereafter have against the Guarantor under this Subsidiary Guaranty may be asserted by the Lender by written notice directed to the Guarantor at the address specified herein.