Guaranty Absolute and Unconditional. (a) Each Guarantor understands and agrees that the guarantee contained in this Article II is, and shall be construed as, a continuing, completed, absolute and unconditional guarantee of payment, and each Guarantor hereby waives any defense of a surety or guarantor or any other obligor on any obligations arising in connection with or in respect of any of the following and hereby agrees that its obligations hereunder shall not be discharged or otherwise affected as a result of any of the following:
Appears in 15 contracts
Samples: Guaranty and Collateral Agreement (Rex Energy Corp), Guaranty and Second Lien Collateral Agreement (Rex Energy Corp), Subordinated Guaranty and Pledge Agreement (Teton Energy Corp)
Guaranty Absolute and Unconditional. (a) Each Guarantor understands and agrees that the guarantee contained in this Article ARTICLE II is, and shall be construed as, a continuing, completed, absolute and unconditional guarantee of payment, and each Guarantor hereby waives any defense of a surety or guarantor or any other obligor on any obligations arising in connection with or in respect of any of the following and hereby agrees that its obligations hereunder shall not be discharged or otherwise affected as a result of any of the following:
Appears in 11 contracts
Samples: Guaranty and Pledge Agreement (Teton Energy Corp), Guaranty and Pledge Agreement (Us Energy Corp), Guaranty and Pledge Agreement (APEG Energy II, LP)
Guaranty Absolute and Unconditional. (a) Each Guarantor understands and agrees that the guarantee contained in this Article ARTICLE II is, and shall be construed as, a continuing, completed, absolute and unconditional guarantee of payment, and each Guarantor hereby waives any defense of a surety or guarantor or any other obligor on any obligations arising in connection with or in respect of any of the following and hereby agrees that its obligations hereunder shall not be discharged or otherwise affected as a result of of, any of the following:
Appears in 6 contracts
Samples: Guaranty and Collateral Agreement (Hornbeck Offshore Services Inc /La), Guaranty Agreement (Universal Compression Partners, L.P.), Guaranty Agreement (Universal Compression Inc)
Guaranty Absolute and Unconditional. (a) Each Guarantor understands and agrees that the guarantee contained in this Article II is, and shall be construed as, a continuing, completed, absolute and unconditional guarantee of payment, and each Guarantor hereby waives any defense of a surety or guarantor or any other obligor on any obligations (other than a defense of payment or performance) arising in connection with or in respect of any of the following and hereby agrees that its obligations hereunder shall not be discharged or otherwise affected as a result of of, any of the following:
Appears in 3 contracts
Samples: Credit Agreement (Whiting Petroleum Corp), Guaranty and Collateral Agreement (Whiting Petroleum Corp), Guaranty and Collateral Agreement (Kodiak Oil & Gas Corp)
Guaranty Absolute and Unconditional. (a) Each Guarantor Guarantor, by joining herein, understands and agrees that the guarantee contained in this Article II Section 14 is, and shall be construed as, a continuing, completed, absolute and unconditional guarantee of payment, and each Guarantor hereby waives any defense of a surety or guarantor or any other obligor on any obligations arising in connection with or in respect of any of the following and hereby agrees that its obligations hereunder shall not be discharged or otherwise affected as a result of of, any of the following:
Appears in 2 contracts
Samples: Note Purchase Agreement (Glori Energy Inc.), Note Purchase Agreement (Glori Energy Inc.)
Guaranty Absolute and Unconditional. (a) Each Guarantor understands and agrees that the guarantee contained in this Article ARTICLE II is, and shall be construed as, a continuing, completedcomplete, absolute and unconditional guarantee of payment, and each Guarantor hereby waives any defense of a surety or guarantor or any other obligor on any obligations arising in connection with or in respect of any of the following and hereby agrees that its obligations hereunder shall not be discharged or otherwise affected as a result of of, any of the following:
Appears in 2 contracts
Samples: Assumption Agreement (Hornbeck Offshore Services Inc /La), Assumption Agreement (Hornbeck Offshore Services Inc /La)
Guaranty Absolute and Unconditional. (a) Each Guarantor understands and agrees that the guarantee contained in this Article II is, and shall be construed as, a continuing, completedcomplete, absolute and unconditional guarantee of payment, and each Guarantor hereby waives any defense of a surety or guarantor or any other obligor on any obligations arising in connection with or in respect of any of the following and hereby agrees that its obligations Obligations hereunder shall not be discharged or otherwise affected as a result of of, any of the following:
Appears in 1 contract
Guaranty Absolute and Unconditional. (a) Each Guarantor understands and agrees that the guarantee contained in this Article ARTICLE II is, and shall be construed as, a continuing, completed, absolute and unconditional guarantee of payment, and each Guarantor hereby waives any defense of a surety or guarantor or any other obligor on any obligations arising in connection with or in respect of any of the following and hereby agrees that its obligations hereunder shall not be discharged or otherwise affected as a result of of, any of the followingfollowing to the extent permitted by applicable law:
Appears in 1 contract
Guaranty Absolute and Unconditional. (a) Each Guarantor understands and agrees that the guarantee contained in this Article II 0 is, and shall be construed as, a continuing, completed, absolute and unconditional guarantee of payment, and each Guarantor hereby waives any defense of a surety or guarantor or any other obligor on any obligations arising in connection with or in respect of any of the following and hereby agrees that its obligations hereunder shall not be discharged or otherwise affected as a result of any of the following:
Appears in 1 contract
Guaranty Absolute and Unconditional. (a) Each The Guarantor understands and agrees that the guarantee contained in this Article ARTICLE II is, and shall be construed as, a continuing, completed, absolute and unconditional guarantee of payment, and each the Guarantor hereby waives any defense of a surety or guarantor or any other obligor Guarantor on any obligations arising in connection with or in respect of any of the following and hereby agrees that its obligations hereunder shall not be discharged or otherwise affected as a result of any of the following:
Appears in 1 contract
Samples: Guaranty and Pledge Agreement (Petro Resources Corp)
Guaranty Absolute and Unconditional. (a) Each Guarantor understands and agrees that the guarantee contained in this Article II Section 2 is, and shall be construed as, a continuing, completedcomplete, absolute and unconditional guarantee of payment, and each Guarantor hereby waives any defense of a surety or guarantor or any other obligor on any obligations arising in connection with or in respect of any of the following and hereby agrees that its obligations hereunder shall not be discharged or otherwise affected as a result of of, any of the following:
Appears in 1 contract
Samples: Guaranty and Security Agreement (Hornbeck Offshore Services Inc /La)
Guaranty Absolute and Unconditional. (a) Each Guarantor understands and agrees that the guarantee contained in this Article ARTICLE II is, and shall be construed as, a continuing, completed, absolute and unconditional guarantee of payment, and each Guarantor hereby waives waives, to the extent permitted by applicable law, any defense of a surety or guarantor or any other obligor on any obligations arising in connection with or in respect of any of the following and hereby agrees that its obligations hereunder shall not be discharged or otherwise affected as a result of any of the following:
Appears in 1 contract
Samples: Guaranty and Collateral Agreement (Global Geophysical Services Inc)
Guaranty Absolute and Unconditional. (a) Each Guarantor understands and agrees that the guarantee contained in this Article II is, and shall be construed as, a continuing, completedcomplete, absolute and unconditional guarantee of payment, and each Guarantor hereby waives any defense of a surety or guarantor or any other obligor on any obligations arising in connection with or in respect of any of the following and hereby agrees that its obligations hereunder shall not be discharged or otherwise affected as a result of of, any of the following:
Appears in 1 contract
