Common use of Liability of the Guarantor Clause in Contracts

Liability of the Guarantor. The Guarantor agrees that its obligations 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 indefeasible payment in full of the Guarantied Obligations. In furtherance of the foregoing and without limiting the generality thereof, the Guarantor agrees as follows:

Liability of the Guarantor. The Guarantor agrees that its -------------------------- obligations hereunder are irrevocable, continuing, absolute, independent and unconditional and shall not be affected by any circumstance whatsoever (other than the payment in full and the complete performance of the Guarantied Obligations) which constitutes may constitute a defense or a legal or equitable discharge (whether in whole or in part) of a guarantor or surety other than indefeasible payment surety, whether foreseen or unforeseen and whether similar or dissimilar to any circumstance described in full of the Guarantied Obligationsthis Guaranty. In furtherance of the foregoing and without limiting the generality thereof, the Guarantor agrees as follows: