Common use of Guarantee Absolute, etc Clause in Contracts

Guarantee Absolute, etc. This Guarantee shall in all respects be a continuing, absolute, unconditional and irrevocable guarantee of payment, and shall remain in full force and effect until all Guaranteed Obligations have been paid in full and all obligations of each Guarantor hereunder shall have been paid in full. Each of the Guarantors guarantees that the Guaranteed Obliga tions will be paid strictly in accordance with the terms of the Lease and each other Operative Agreement under which they arise, in each case regardless of any law, regulation or order now or hereafter in effect in any jurisdiction affecting any of such terms or the rights of any Guaranteed Party. The liability of the Guarantors under this Guarantee shall be joint, several, absolute, unconditional and irrevocable irrespective of: (a) any lack of validity, legality or enforceability of any Operative Agreement; (b) the failure of any Guaranteed Party:

Appears in 1 contract

Sources: Guarantee (Fred Meyer Inc)

Guarantee Absolute, etc. This Guarantee shall in all respects be a continuing, absolute, unconditional and irrevocable guarantee of payment, and shall remain in full force and effect until all Guaranteed Obligations have been paid in full and all obligations of each Guarantor hereunder shall have been paid in full. Each of the Guarantors guarantees that the Guaranteed Obliga tions will be paid strictly in accordance with the terms of the Lease and each other Operative Agreement under which they arise, in each case regardless of any law, regulation or order now or hereafter in effect in any jurisdiction affecting any of such terms or the rights of any Guaranteed Party. The liability of the Guarantors under this Guarantee shall be joint, several, absolute, unconditional and irrevocable irrevoca ble irrespective of: (a) any lack of validity, legality or enforceability of any Operative Agreement; (b) the failure of any Guaranteed Party:

Appears in 1 contract

Sources: Guarantee (Quality Food Centers Inc)