HIGHBRIDGE GUARANTOR Sample Clauses

HIGHBRIDGE GUARANTOR. 28.1 In consideration of the Seller and the Atmel Guarantor entering into this Agreement, the Highbridge Guarantor unconditionally and irrevocably guarantees to the Seller the observance and performance by the Buyer of the Buyer’s obligations to the Seller under this Agreement and agrees to pay any sum that becomes due and payable (but remains unpaid by the Buyer) which the Buyer becomes liable to pay to the Seller under this Agreement. 28.2 The obligations of the Highbridge Guarantor under clause 28.1 above shall not be impaired by: 28.2.1 any extension of time, forbearance or concession by the Seller in taking steps to enforce the terms of this Agreement; or 28.2.2 any disclaimer of this Agreement by a liquidator or trustee in bankruptcy of the Buyer. 28.3 The guarantee contained in this clause 28.1 shall be a continuing guarantee and shall remain in full force and effect until all the Buyer’s obligations to the Seller under this Agreement have been duly performed or sums that have become due and payable to the Buyer (but remain unpaid by the Buyer) have been paid, whether by the Buyer or the Highbridge Guarantor.