Common use of Liability Released only by a Signed Writing Clause in Contracts

Liability Released only by a Signed Writing. The liability of each Guarantor under this Agreement and each right, remedy, interest or power granted herein or arising hereunder may be released only by a writing signed by the Beneficiary against which enforcement of such release is sought.

Liability Released only by a Signed Writing. The liability of each the Guarantor under this Agreement and each right, remedy, interest or power granted herein or arising hereunder may be released only by a writing signed by the each Beneficiary against which enforcement of such release is sought.