Guarantor as Principal Debtor Sample Clauses

Guarantor as Principal Debtor. As between the Guarantor and the Trustee, the Noteholders and the Couponholders but without affecting the Issuer’s obligations, the Guarantor shall be liable under this Clause as if it were the sole principal debtor and not merely a surety. Accordingly, it shall not be discharged, nor shall its liability be affected, by anything that would not discharge it or affect its liability if it were the sole principal debtor (including (1) any time, indulgence, waiver or consent at any time given to the Issuer or any other person, (2) any amendment to any other provisions of this Trust Deed or to the Conditions or to any security or other guarantee or indemnity, (3) the making or absence of any demand on the Issuer or any other person for payment, (4) the enforcement or absence of enforcement of this Trust Deed, the Notes, the Receipts or the Coupons or of any security or other guarantee or indemnity, (5) the taking, existence or release of any security, guarantee or indemnity, (6) the dissolution, amalgamation, reconstruction or reorganisation of the Issuer or any other person or (7) the illegality, invalidity or unenforceability of or any defect in any provision of this Trust Deed, the Notes, the Receipts or the Coupons or any of the Issuer’s obligations under any of them).
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Guarantor as Principal Debtor. As an original and independent obligation under this Deed and without prejudice to any other provision in this Deed, the Guarantor shall be liable under this Deed as if it were the sole principal debtor and not merely a surety. Accordingly, it shall not be discharged, nor shall its liability be affected, by anything which would discharge it or affect its liability if it were the sole principal debtor including:
Guarantor as Principal Debtor. Without affecting the Issuer's obligations, the Guarantor will be liable under this Guarantee as if it were the sole principal debtor and not merely a surety. Accordingly, it will not be discharged, nor will its liability be affected, by anything which would not discharge it or affect its liability if it were the sole principal debtor (including (a) any time, indulgence, waiver or consent at any time given to the Issuer or any other person, (b) any amendment to any Security, any Coupon, any Receipt or the Deed of Covenant or to any security or other guarantee or indemnity, (c) the making or absence of any demand on the Issuer or any other person for payment, (d) the enforcement or absence of enforcement of any Security, any Coupon, any Receipt, the Deed of Covenant or of any security or other guarantee or indemnity, (e) the release of any such security, guarantee or indemnity, (f) the dissolution, amalgamation, reconstruction or reorganisation of the Issuer or any other person or (g) the illegality, invalidity or unenforceability of or any defect in any provision of any Security, any Coupon, any Receipt or the Deed of Covenant or any of the Issuer's obligations under any of them). The Guarantor hereby agrees that, in the event of a default in payment of any amount guaranteed hereby in respect of any Security (or in respect of any Underlying Security), legal proceedings may be instituted by a Holder of such Security (or Underlying Security), subject to the terms and conditions set forth in this Guarantee, directly against the Guarantor to enforce this Guarantee without first proceeding against the Issuer.
Guarantor as Principal Debtor. As between the parent and us but without affecting the cardmember’s obligations, the parent shall be liable for the total outstanding balance under this agreement as if he/she were the sole principal debtor and not merely a surety. Accordingly, the parent shall not be discharged, nor shall his/ her liability be affected, by anything which would not discharge him/ her or affect his/her liability if he/she were the sole principal debtor (including (i) any time, indulgence, concession, waiver, forbearance or consent at any time given to the cardmember or any other person, (ii) any amendment or supplement to any other provision of this agreement or any other agreement, security, guarantee, indemnity, right, remedy or lien, (iii) the making or absence of any demand on the cardmember or any other person for payment, (iv) the enforcement or absence of enforcement of this agreement or any other agreement, security, guarantee, indemnity, right, remedy or lien, (v) the taking, existence or release of any agreement, security, guarantee, indemnity, right, remedy or lien, (vi) the insolvency or bankruptcy of the cardmember or any other person (or the commencement of any of the foregoing) or (vii) the illegality, invalidity or unenforceability of, or any defect in any provision of, this agreement or any other agreement, security, guarantee, indemnity, right, remedy or lien or any of the obligations of the cardmember or any other party thereunder).
Guarantor as Principal Debtor. As a separate obligation, the Guarantor shall be liable as a principal debtor including, but not limited to, where any liability or obligation of the Customer for any of the Guaranteed Monies is or becomes unlawful, irrecoverable, invalid or unenforceable for any reason including by reason of any legal limitation, disability or incapacity or any other act, omission or circumstance which, but for this provision, would discharge the Guarantor to any extent. Any Guaranteed Monies which may not be recoverable from the Customer for any reason whatsoever shall be recoverable by the Bank from the Guarantor as principal debtor by way of indemnity under this separate obligation, on demand, together with Default Interest thereon in accordance with Clause 3.03 above.
Guarantor as Principal Debtor. The Guarantor acknowledges and agrees that none of its liabilities under this Guarantee shall be reduced, discharged or otherwise impaired by:
Guarantor as Principal Debtor. The liability of each Obligor to the Finance Parties under the guarantee given under this clause 12 (“this guarantee”) is deemed to be the liability of a principal debtor and not merely a surety and such liability will not be affected or diminished, nor will any security or guarantee provided by any Obligor be released or discharged, by any act, indulgence, omission or matter which but for this clause would have operated to release any Obligor wholly or partly from its liability to the Finance Parties, including (without limitation):
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Guarantor as Principal Debtor. Without affecting the Issuer's obligations, the obligations of the Guarantor hereunder are unconditional and absolute and the Guarantor will be liable under this Guarantee as if it were the sole principal debtor and not merely a surety. Accordingly, without limiting the generality of the foregoing, it will not be released or discharged, nor will its liability be affected, by anything which would not release or discharge it or affect its liability if it were the sole principal debtor (including
Guarantor as Principal Debtor. As between the Guarantor and the Beneficiary but without affecting BP’s obligations, the Guarantor shall be liable under this Guarantee as if it were the sole principal debtor and not merely a surety. Accordingly, the liability of the Guarantor under this Guarantee shall not be released, affected or discharged by any act, matter or omission which (but for this clause) would have released, affected or discharged the liability of the Guarantor including:
Guarantor as Principal Debtor. By signing this Lease, the Guarantor becomes the principal debtor to this Lease and is deemed to be a party to this Lease. The Guarantor further agrees that liability under this guarantee shall continue until such time as the Tenant’s legal and financial obligations under this Lease are fulfilled. The Guarantor shall continue to be liable throughout any renewals or extensions to the term of this Lease. GUARANTOR DETAILS EMPLOYMENT INFORMATION: Guarantor’s Full Name: Company: Home Street Address: Address: Home City: Postal Code: Contact Name: Work No: Date of Birth: Phone No: Length Of Employment: S.I.N: Own Home (Y/N): Alternative Address For Service: Vehicle Make/Model: License Plate No: Date: Signature: _ Print Name:
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