Common use of GENERAL GUARANTY Clause in Contracts

GENERAL GUARANTY. This Guaranty is a general guaranty and shall inure to the benefit of the Investor and its successors and assigns. The obligations of each Guarantor under this Guaranty shall be binding on each of the Guarantors and their respective successors and assigns. No Guarantor may assign its rights or transfer its obligations under this Guaranty without the prior written approval of the Majority Holders.

Appears in 1 contract

Sources: Unconditional Guaranty Agreement (E&c Capital Partners LLLP)

GENERAL GUARANTY. This Guaranty is a general guaranty and shall inure to the benefit of the Investor Investors and its their successors and assigns. The obligations of each Guarantor under this Guaranty shall be binding on each of the Guarantors and their respective successors and assigns. No Guarantor may assign its rights or transfer its obligations under this Guaranty without the prior written approval of the Majority Holders.

Appears in 1 contract

Sources: Unconditional Guaranty Agreement (Theglobe Com Inc)

GENERAL GUARANTY. This Guaranty is a general guaranty and shall inure to the benefit of the Investor Lender and its successors and assigns. The obligations of each Guarantor under this Guaranty shall be binding on each of the Guarantors and their respective successors and assigns. No Guarantor may assign its rights or transfer its obligations under this Guaranty without the prior written approval of the Majority HoldersLender.

Appears in 1 contract

Sources: Unconditional Guaranty Agreement (Theglobe Com Inc)