Guarantor Defaults. Any Guarantor fails to perform or observe ------------------ any term, covenant or agreement in any Guaranty; or any Guaranty is for any reason partially (including with respect to future advances) or wholly revoked or invalidated, or otherwise ceases to be in full force and effect, or any Guarantor contests in any manner the validity or enforceability thereof or denies that it has any further liability or obligation thereunder.
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Samples: Loan and Security Agreement (Material Sciences Corp)
Guarantor Defaults. Any Guarantor fails in any material respect to perform or observe ------------------ any term, covenant or agreement in any its Guaranty; or any the Guaranty of Guarantor is for any reason partially (including with respect to future advances) or wholly revoked or invalidated, or otherwise ceases to be in full force and effect, or Guarantor or any Guarantor other Person contests in any manner the validity or enforceability thereof or denies that it has any further liability or obligation thereunder.
Appears in 1 contract
Samples: Short Term Credit Agreement (Montgomery Ward Holding Corp)
Guarantor Defaults. Any The Guarantor fails in any material respect ------------------ to perform or observe ------------------ any term, covenant or agreement in any the Guaranty; or any the Guaranty is for any reason partially (including with respect to future advances) or wholly revoked or invalidated, or otherwise ceases to be in full force and effect, or the Guarantor or any Guarantor other Person contests in any manner the validity or enforceability thereof or denies that it has any further liability or obligation thereunder.
Appears in 1 contract
Guarantor Defaults. Any Guarantor fails in any material respect to perform or observe ------------------ any term, covenant or agreement in any Guarantyits guaranty; or any Guaranty such guaranty is for any reason partially (including with respect to future advancesextensions of credit) or wholly revoked or invalidated, or otherwise ceases to be in full force and effect, or any Guarantor or any other person contests in any manner the validity or enforceability thereof or denies that it has any further liability or obligation thereunder.
Appears in 1 contract
Guarantor Defaults. Any Guarantor fails in any material respect to perform or observe ------------------ any term, covenant or agreement in any the Guaranty; or any Guaranty is for any reason partially (including with respect to future advances) or wholly revoked or invalidated, or otherwise ceases to be in full force and effect, or any Guarantor or any other Person contests in any manner the validity or enforceability thereof or denies that it has any further liability or obligation thereunder.; or
Appears in 1 contract
Guarantor Defaults. Any Guarantor fails in any material respect to perform or observe ------------------ any term, covenant or agreement in any its Guaranty; or any Guaranty is for any reason partially (including with respect to future advances) or wholly revoked or invalidated, or otherwise ceases to be in full force and effect, or the Guarantor or any Guarantor other Person contests in any manner the validity or enforceability thereof or denies that it has any further liability or obligation thereunder.in
Appears in 1 contract
