Common use of Guaranty Absolute; Continuing Guaranty Clause in Contracts

Guaranty Absolute; Continuing Guaranty. The obligations of the Guarantor hereunder are irrevocable, absolute, independent and unconditional and shall not be affected by any circumstance which constitutes a legal or equitable discharge of a guarantor or surety other than payment in full in cash of the Guarantied Obligations. In furtherance of the foregoing and without limiting the generality thereof, the Guarantor agrees that:

Appears in 1 contract

Samples: Guaranty (Sunpower Corp)

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Guaranty Absolute; Continuing Guaranty. The obligations of the each Guarantor hereunder are not merely the creation of a surety relationship and are irrevocable, absolute, independent and unconditional and shall not be affected by any circumstance which constitutes a legal or equitable discharge of a guarantor such Guarantor or surety other than payment in full in cash of the Guarantied Obligations. In furtherance of the foregoing and without limiting the generality thereof, the Guarantor agrees that:the

Appears in 1 contract

Samples: Guaranty (Mattress Holding Corp.)

Guaranty Absolute; Continuing Guaranty. The obligations of the each Guarantor hereunder are irrevocable, absolute, independent and unconditional and shall not be affected by any circumstance which constitutes a legal or equitable discharge of a guarantor or surety other than payment in full in cash of the Guarantied Obligations. In furtherance of the foregoing and without limiting the generality thereof, the Guarantor agrees that:be

Appears in 1 contract

Samples: First Lien Credit Agreement (KC Holdco, LLC)

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Guaranty Absolute; Continuing Guaranty. The obligations of the Guarantor hereunder are irrevocable, absolute, independent and unconditional and shall not be affected by any circumstance which constitutes a legal or equitable discharge of a guarantor or surety other than payment in full in cash of the Guarantied Obligations. In furtherance of the foregoing and without limiting the generality thereof, the Guarantor agrees that:the

Appears in 1 contract

Samples: Transitional Power Purchase Agreement (Sierra Pacific Power Co)

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