Common use of Invalidity of Guaranty Clause in Contracts

Invalidity of Guaranty. The Guaranty shall cease to be in full force and effect, any Guarantor shall fail (subject to any applicable grace period) to comply with or to perform any applicable provision of the Guaranty, or the Company or any Guarantor (or any Person by, through or on behalf of the Company or any Guarantor) shall contest in any manner the validity, binding nature or enforceability of the Guaranty with respect to any Guarantor.

Appears in 1 contract

Samples: Credit Agreement (Regal Beloit Corp)

AutoNDA by SimpleDocs

Invalidity of Guaranty. The Any Guaranty shall cease to be in full force and effect, any Guarantor shall fail (subject to any applicable grace period) to comply with or to perform any applicable provision of the Guaranty, or the Company ; or any Guarantor (or any Person by, through or on behalf of the Company or any Guarantor) shall contest in any manner the validity, binding nature or enforceability of the Guaranty with respect to any GuarantorGuaranty.

Appears in 1 contract

Samples: Credit Agreement (Sun Communities Inc)

Invalidity of Guaranty. The Any Guaranty shall cease fail to be remain in full force and effector effect or any action shall be taken to discontinue or to assert the invalidity or unenforceability of any Guaranty, or any Guarantor shall fail (subject to any applicable grace period) to comply with or to perform any applicable provision of the Guarantyterms or provisions of any Guaranty to which it is a party, or the Company or any Guarantor (shall deny that it has any further liability under any Guaranty to which it is a party, or any Person by, through or on behalf of the Company or any Guarantor) shall contest in any manner the validity, binding nature or enforceability of the Guaranty with respect give notice to any Guarantorsuch effect.

Appears in 1 contract

Samples: Credit Agreement (First Cash Financial Services Inc)

AutoNDA by SimpleDocs

Invalidity of Guaranty. The Guaranty shall cease to be in full force and effecteffect with respect to any Guarantor, any Guarantor shall fail (subject to any applicable grace period) to comply with or to perform any applicable provision of the Guaranty, or the Company or any Guarantor (or any Person by, through or on behalf of the Company or any Guarantor) shall contest in any manner the validity, binding nature or enforceability of the Guaranty with respect to any GuarantorGuaranty.

Appears in 1 contract

Samples: Credit Agreement (Weston Roy F Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.