Common use of Guarantor’s Obligations Unconditional Clause in Contracts

Guarantor’s Obligations Unconditional. Guarantors' obligations hereunder are independent in respect of any other Person, and each Beneficiary may enforce any of its rights hereunder independently of any other right or remedy that it may at any time hold with respect to the Liabilities or any security or other guaranty therefor; provided that no double recovery of the same amount shall be permitted. Such obligations shall be absolute and unconditional, shall not be subject to any counterclaim, setoff, deduction, diminution, abatement, recoupment, suspension, deferment, reduction or defense (other than full and strict compliance by Guarantors with their obligations hereunder), whether based upon any claim that Lessor, Lessee, Agent, any Beneficiary or any other Person may have against any Beneficiary or any other Person or otherwise, and shall remain in full force and effect without regard to, and shall not be released, discharged or in any way affected by, any circumstance or condition whatsoever (whether or not Guarantors or any other Person shall have any knowledge or notice thereof) including, without limitation:

Appears in 2 contracts

Samples: Guaranty and Agreement (Genesis Health Ventures Inc /Pa), And Agreement (Genesis Health Ventures Inc /Pa)

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Guarantor’s Obligations Unconditional. Guarantors' Guarantor’s obligations hereunder are independent of Lessee’s obligations under the Lease and the other Operative Documents or in respect of any other Person, and each Beneficiary may enforce any of its rights hereunder independently of any other right or remedy that it may at any time hold with respect to the Liabilities or any security or other guaranty therefor; provided that no double recovery of . To the same amount shall be permitted. Such extent permitted by Law, such obligations shall be absolute and unconditional, shall not be subject to any counterclaim, setoff, deduction, diminution, abatement, recoupment, suspension, deferment, reduction or defense (other than full and strict compliance by Guarantors with their obligations hereunderindefeasible payment and performance of all of the Liabilities), whether based upon any claim that Lessor, Lessee, Agent, any Beneficiary Guarantor or any other Person may have against any Beneficiary or any other Person or otherwise, and shall remain in full force and effect without regard to, and shall not be released, discharged or in any way affected by, any circumstance or condition whatsoever (other than full and indefeasible payment and performance of all of the Liabilities) (whether or not Guarantors Guarantor or any other Person shall have any knowledge or notice thereof) including, without limitation:

Appears in 2 contracts

Samples: Guaranty, Guaranty (Norfolk Southern Corp)

Guarantor’s Obligations Unconditional. Guarantors' The Guarantor's obligations hereunder are independent in respect of the obligations of the Seller or any other Person, and each Beneficiary may enforce any of its rights hereunder independently of any other right or remedy that it may at any time hold with respect to the Liabilities or any security or other guaranty therefor; provided that no double recovery of the same amount shall be permitted. Such obligations shall be absolute and unconditional, shall not be subject to any counterclaim, setoff, deduction, diminution, abatement, recoupment, suspension, deferment, reduction or defense (other than full and strict compliance by Guarantors with their obligations hereunderindefeasible payment and performance of all of the Liabilities), whether based upon any claim that Lessorthe Seller, Lessee, Agentthe Guarantor, any Beneficiary or any other Person may have against any Beneficiary or any other Person or otherwise, and shall remain in full force and effect without regard to, and shall not be released, discharged or in any way affected by, any circumstance or condition whatsoever (other than full and indefeasible payment and performance of all of the Liabilities) (whether or not Guarantors the Guarantor, the Seller or any other Person shall have any knowledge or notice thereof) including, without limitation:

Appears in 1 contract

Samples: Parent Guarantee (Meredith Corp)

Guarantor’s Obligations Unconditional. Guarantors' Guarantor's obligations hereunder are independent in respect of the obligations of the Issuer, the Trust or any other PersonPerson under the Operative Documents, and each Beneficiary may enforce any of its rights hereunder independently of any other right or remedy that it may at any time hold with respect to the Liabilities or any security or other guaranty therefor; provided that no double recovery of the same amount shall be permitted. Such obligations shall be absolute and unconditional, shall not be subject to any counterclaim, setoff, deduction, diminution, abatement, recoupment, suspension, deferment, reduction or defense (other than full and indefeasible payment and performance of all of the Liabilities and full and strict compliance by Guarantors Guarantor with their its obligations hereunder), whether based upon any claim that Lessorthe Issuer, Lesseethe Trust, Agent, any Beneficiary Guarantor or any other Person may have against any Beneficiary or any other Person or otherwise, and shall remain in full force and effect without regard to, and shall not be released, discharged or in any way affected by, any circumstance or condition whatsoever (whether or not Guarantors Guarantor or any other Person shall have any knowledge or notice thereof) including, without limitation:

Appears in 1 contract

Samples: Guarantee (Human Genome Sciences Inc)

Guarantor’s Obligations Unconditional. Guarantors' Guarantor’s obligations hereunder are independent in respect of the obligations of any other PersonPerson under the Operative Documents, and each Beneficiary may enforce any of its rights hereunder independently of any other right or remedy that it may at any time hold with respect to the Liabilities or any security or other guaranty therefor; provided that no double recovery of the same amount shall be permitted. Such obligations shall be absolute and unconditional, shall not be subject to any counterclaim, setoff, deduction, diminution, abatement, recoupment, suspension, deferment, reduction or defense (other than full and indefeasible payment and performance of all of the Liabilities and full and strict compliance by Guarantors Guarantor with their its obligations hereunder), whether based upon any claim that Lessor, the Lessee, Agent, any Beneficiary the Guarantor or any other Person may have against any Beneficiary or any other Person or otherwise, and shall remain in full force and effect without regard to, and shall not be released, discharged or in any way affected by, any circumstance or condition whatsoever (whether or not Guarantors Guarantor or any other Person shall have any knowledge or notice thereof) including, without limitation:

Appears in 1 contract

Samples: Guaranty (Terremark Worldwide Inc)

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Guarantor’s Obligations Unconditional. Guarantors' Guarantor's obligations hereunder are independent in respect of any other Person, and and, subject to Section 7.5 of the Loan Agreement, each Beneficiary may enforce any of its rights hereunder independently of any other right or remedy that it may at any time hold with respect to the Liabilities or any security or other guaranty therefor; provided that no double recovery of the same amount shall be permitted. Such obligations shall be absolute and unconditional, shall not be subject to any counterclaim, setoff, deduction, diminution, abatement, recoupment, suspension, deferment, reduction or defense (other than full and strict compliance by Guarantors Guarantor with their obligations hereunder), whether based upon any claim that Lessor, Lessee, Administrative Agent, any Beneficiary or any other Person may have against any Beneficiary or any other Person or otherwise, and shall remain in full force and effect without regard to, and shall not be released, discharged or in any way affected by, any circumstance or condition whatsoever (whether or not Guarantors Guarantor or any other Person shall have any knowledge or notice thereof) including, without limitation:

Appears in 1 contract

Samples: Reebok International LTD

Guarantor’s Obligations Unconditional. Guarantors' Guarantor's obligations hereunder are independent in respect of any other Person, and and, subject to Section 7.5 of the Loan Agreement, each Beneficiary may enforce any of its rights hereunder independently of any other right or remedy that it may at any time hold with respect to the Liabilities or any security or other guaranty therefor; provided PROVIDED that no double recovery of the same amount shall be permitted. Such obligations shall be absolute and unconditional, shall not be subject to any counterclaim, setoff, deduction, diminution, abatement, recoupment, suspension, deferment, reduction or defense (other than full and strict compliance by Guarantors Guarantor with their obligations hereunder), whether based upon any claim that Lessor, Lessee, Administrative Agent, any Beneficiary or any other Person may have against any Beneficiary or any other Person or otherwise, and shall remain in full force and effect without regard to, and shall not be released, discharged or in any way affected by, any circumstance or condition whatsoever (whether or not Guarantors Guarantor or any other Person shall have any knowledge or notice thereof) including, without limitation:

Appears in 1 contract

Samples: Guaranty (Reebok International LTD)

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