Common use of Nature of Guaranty; Waivers Clause in Contracts

Nature of Guaranty; Waivers. (a) This is a guaranty of payment and not of collection and the Creditor shall not be required, as a condition of the Guarantor’s liability, to pursue any rights which may be available to it with respect to any other person who may be liable for the payment of the Obligations. This is not a performance guaranty and the Guarantor is not obligated to provide power under the FSA or this Guaranty.

Nature of Guaranty; Waivers. (a) This is a guaranty of payment and not of collection and the Creditor Buyer shall not be required, as a condition of the Guarantor’s liability, to pursue any rights which may be available to it with respect to any other person who may be liable for the payment of the Obligations. This is not a performance guaranty and the Guarantor is not obligated to provide power under the FSA SMA(s) or this Guaranty.

Nature of Guaranty; Waivers. (a) This is a guaranty of payment and not of collection and the Creditor shall not be required, as a condition of the Guarantor’s liability, to pursue any rights which may be available to it with respect to any other person who may be liable for the payment of the Obligations. This is not a performance guaranty and the Guarantor is not obligated to provide power under the FSA DSMA or this Guaranty.

Nature of Guaranty; Waivers. (a) This is a guaranty of payment and not of collection and the Creditor Buyer shall not be required, as a condition of the Guarantor’s liability, to pursue any rights which may be available to it with respect to any other person who may be liable for the payment of the Obligations. This is not a performance guaranty and the Guarantor is not obligated to provide power under the FSA SMA(s) or this Guaranty.

Nature of Guaranty; Waivers. (a) This is a guaranty of payment and not of collection and neither the Creditor Administrative Agent nor any Secured Party shall not be requiredrequired or obligated, as a condition of the any Guarantor’s 's liability, to make any demand upon or to pursue any of its rights against any Borrower, any other person, or to pursue any rights which may be available to it with respect to any other person who may be liable for the payment of the Obligations. This is not a performance guaranty and the Guarantor is not obligated to provide power under the FSA or this Guaranty.

Nature of Guaranty; Waivers. (a) This is a guaranty of payment and not of collection collection, and the Creditor shall Lender is not be requiredrequired or obligated, as a condition of the Guarantor’s 's liability, to make any demand upon or to pursue any of its rights which may be available to it with respect to against Borrower or any other person who may be liable for the payment of the Obligations. This is not a performance guaranty and the Guarantor is not obligated to provide power under the FSA or this GuarantyLoan Party.

Nature of Guaranty; Waivers. (a) This is a guaranty of payment and not of collection and the Creditor shall not be required, as a condition of the Guarantor’s liability, to pursue any rights which may be available to it with respect to any other person Person who may be liable for the payment of the Obligations. This is not a performance guaranty and the Guarantor is not obligated to provide power under the FSA PPA or this Guaranty.

Nature of Guaranty; Waivers. (a) This is a guaranty of payment and not of collection collection, and the Creditor shall Lender is not be requiredrequired or obligated, as a condition of the Guarantor’s Guarantors’ liability, to make any demand upon or to pursue any of its rights which may be available to it with respect to against Borrower or any other person who may be liable for the payment of the Obligations. This is not a performance guaranty and the Guarantor is not obligated to provide power under the FSA or this GuarantyLoan Party.

Nature of Guaranty; Waivers. (a) This is a guaranty of payment and not of collection and the Creditor shall not be required, as a condition of the Guarantor’s 's liability, to pursue any rights which may be available to it with respect to any other person who may be liable for the payment of the Obligations. This is not a performance guaranty and the Guarantor is not obligated to provide power under the FSA or this Guaranty.

Nature of Guaranty; Waivers. (a) This is a guaranty of payment and not of collection and the Creditor Purchaser shall not be requiredrequired or obligated, as a condition of the any Guarantor’s liability, to make any demand upon or to pursue any of its rights against Borrower, any other Guarantor, any other Person, or to pursue any rights which may be available to it with respect to any other person Person who may be liable for the payment of the Obligations. This is not a performance guaranty and the Guarantor is not obligated to provide power under the FSA or this Guaranty.

Nature of Guaranty; Waivers. (a) This is a guaranty of payment and not of collection and the Creditor Buyer shall not be required, as a condition of the Guarantor’s liability, to pursue any rights which may be available to it with respect to any other person who may be liable for the payment of the Obligations. This is not a performance guaranty and the Guarantor is not obligated to provide power under the FSA POLR SMA(s) or this Guaranty.

Nature of Guaranty; Waivers. (a) This is a guaranty of payment and not of collection and neither the Creditor Agent nor any Secured Party shall not be requiredrequired or obligated, as a condition of the any Guarantor’s liability, to make any demand upon or to pursue any of its rights against any Borrower, any other person, or to pursue any rights which may be available to it with respect to any other person who may be liable for the payment of the Obligations. This is not a performance guaranty and the Guarantor is not obligated to provide power under the FSA or this Guaranty.