Common use of Nature of Guaranty Clause in Contracts

Nature of Guaranty. This Guaranty is an absolute and unconditional and irrevocable guaranty of payment and not a guaranty of collection and is wholly independent of and in addition to other rights and remedies of the Banks and the Agent and is not contingent upon the pursuit by the Banks and the Agent of any such rights and remedies, such pursuit being hereby waived by the Guarantor.

Appears in 6 contracts

Samples: Guaranty Agreement (Invacare Corp), Credit Agreement (Invacare Corp), Credit Agreement (Invacare Corp)

AutoNDA by SimpleDocs

Nature of Guaranty. This Guaranty is an absolute and unconditional and irrevocable guaranty of payment and not a guaranty of collection and is wholly independent of and in addition to other rights and remedies of the Banks Lenders and the Agent and is not contingent upon the pursuit by the Banks Lenders and the Agent of any such rights and remedies, such pursuit being hereby waived by the each Guarantor.

Appears in 5 contracts

Samples: Security Agreement (BMG North America LTD), Guaranty Agreement (Key Plastics Inc), Guaranty Agreement (BMG North America LTD)

Nature of Guaranty. This Guaranty is an absolute and unconditional and irrevocable irrevocable, absolute, continuing guaranty of payment and performance and not a guaranty of collection collection. This Guaranty may not be revoked by Guarantor and is wholly independent shall continue to be effective with respect to any Guaranteed Obligations arising or created after any attempted revocation by Guarantor. This Guaranty may be enforced by Purchaser and any successor, endorsee, transferee or assignee of Purchaser permitted under the Master Repurchase Agreement and in addition to other rights and remedies shall not be discharged by such permitted assignment or negotiation of the Banks and the Agent and is not contingent upon the pursuit by the Banks and the Agent of any such rights and remedies, such pursuit being hereby waived by the Guarantorall or part thereof.

Appears in 5 contracts

Samples: Master Repurchase Agreement (Blackstone Mortgage Trust, Inc.), Guaranty (Blackstone Mortgage Trust, Inc.), Guaranty (Benefit Street Partners Realty Trust, Inc.)

Nature of Guaranty. This Guaranty is an absolute and unconditional and irrevocable irrevocable, absolute, continuing guaranty of payment and performance and not a guaranty of collection collection. The obligations of each Guarantor to the Lenders under this Guaranty shall be joint and is wholly independent several. This Guaranty shall not be discharged by the assignment or negotiation of and in addition to other rights and remedies all or part of the Banks and the Agent and is not contingent upon the pursuit by the Banks and the Agent of any such rights and remedies, such pursuit being hereby waived by the GuarantorNotes.

Appears in 5 contracts

Samples: Guaranty Agreement (Rg Capital Management Lp), Amended and Restated Guaranty Agreement (PNG Ventures Inc), Amended and Restated Guaranty Agreement (Earth Biofuels Inc)

Nature of Guaranty. This Guaranty is an absolute absolute, unconditional, continuing, direct and unconditional and irrevocable immediate guaranty of payment and not a guaranty just of collection and is wholly independent of and no way conditioned upon or limited by or in addition to any other rights and remedies of the Banks and the Agent and is not contingent upon the pursuit by the Banks and the Agent of any such rights and remedies, such pursuit being hereby waived by the Guarantor.way affected by:

Appears in 2 contracts

Samples: Guaranty Agreement (Adera Mines LTD), Guaranty Agreement (Clinical Data Inc)

Nature of Guaranty. This Guaranty is an absolute and unconditional and irrevocable irrevocable, absolute, continuing guaranty of payment and not a guaranty of collection and is wholly independent of and in addition to other rights and remedies of the Banks and the Agent and is not contingent upon the pursuit by the Banks and the Agent of any such rights and remedies, such pursuit being hereby waived by the Guarantorcollection.

Appears in 2 contracts

Samples: Guaranty (Steadfast Income REIT, Inc.), H-Cyte, Inc.

Nature of Guaranty. This Guaranty is an absolute and unconditional and irrevocable guaranty of payment and not a guaranty of collection and is wholly independent of and in addition to other rights and remedies of the Banks and the Administrative Agent and is not contingent upon the pursuit by the Banks and the Administrative Agent of any such rights and remedies, such pursuit being hereby waived by the each Guarantor.

Appears in 1 contract

Samples: Subsidiary Guaranty Agreement (Uni Invest Usa LTD)

Nature of Guaranty. This Guaranty is an absolute and unconditional and irrevocable guaranty of payment and not a guaranty of collection and is wholly independent of and in addition to other rights and remedies of the Banks and the Agent and is not contingent upon the pursuit by the Banks and the Agent of any such rights and remedies, such pursuit being hereby waived by each Guarantor. The obligations of each Guarantor hereunder are joint and several with the Guarantorobligations of every other Guarantor under the Credit Agreement.

Appears in 1 contract

Samples: Credit Agreement (Handleman Co /Mi/)

AutoNDA by SimpleDocs

Nature of Guaranty. This Guaranty is an absolute and unconditional and irrevocable guaranty of payment and not a guaranty of collection and is wholly independent of and in addition to other rights and remedies of the Banks Lenders and the Agent and is not contingent upon the pursuit by the Banks and Lenders or the Agent of any such rights and remedies, and the Guarantors waive such pursuit being hereby waived by the Guarantorpursuit.

Appears in 1 contract

Samples: Guaranty Agreement (Perrigo Co)

Nature of Guaranty. This Subject to paragraph 8(b), this Guaranty is an absolute and unconditional and irrevocable guaranty of payment and not a guaranty of collection and is wholly independent of and in addition to other rights and remedies of the Banks and the Agent Bank One and is not contingent upon the pursuit by the Banks and the Agent Bank One of any such rights and remedies, such pursuit being hereby waived by the Guarantor.

Appears in 1 contract

Samples: Guaranty Agreement (Amcast Industrial Corp)

Nature of Guaranty. This Guaranty is an absolute and unconditional and irrevocable guaranty of payment and not a guaranty of collection and is wholly independent of and in addition to other rights and remedies of the Banks and the Administrative Agent and is not contingent upon the pursuit by the Banks and the Administrative Agent of any such rights and remedies, such pursuit being hereby waived by the Guarantor.

Appears in 1 contract

Samples: Subsidiary Guaranty Agreement (Uni Invest Usa LTD)

Nature of Guaranty. This Guaranty is an absolute and absolute, unconditional and irrevocable guaranty of payment and not a guaranty of collection and is wholly independent of and in addition to other rights and remedies of the Banks and the Agent or any Bank and is not contingent upon the pursuit by the Banks and the Agent or any Bank of any such rights and remedies, such pursuit being hereby waived by the Guarantor.

Appears in 1 contract

Samples: Guaranty Agreement (Arvin Industries Inc)

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