Common use of No Conditions to Effectiveness Clause in Contracts

No Conditions to Effectiveness. No claim or defense by any Person as to the invalidity or unenforceability of any obligation under the Loan Documents shall affect or impair the obligations of the Guarantors under this Guaranty. The obligation of the Guarantors under this Guaranty shall be absolute and unconditional irrespective of any circumstance whatsoever which might constitute a legal or equitable discharge or defense of any Guarantor or any Borrower. Each Guarantor hereby acknowledges that there are no conditions to the effectiveness of this Guaranty.

Appears in 3 contracts

Samples: Guaranty (Bairnco Corp /De/), Guaranty (Bairnco Corp /De/), Security Agreement (Bairnco Corp /De/)

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No Conditions to Effectiveness. No claim or defense by any Person as to the invalidity or unenforceability of any obligation under the Loan Documents shall affect or impair the obligations of the Guarantors under this Guaranty. The obligation obligations of the Guarantors under this Guaranty shall be absolute and unconditional irrespective of any circumstance whatsoever which might constitute a legal or equitable discharge or defense of any Guarantor or any Borrower. Each Guarantor hereby acknowledges that there are no conditions to the effectiveness of this Guaranty.

Appears in 1 contract

Samples: Credit Agreement (HCR Manor Care Inc)

No Conditions to Effectiveness. No claim or defense by any Person as to the invalidity or unenforceability of any obligation under the Loan Documents shall affect or impair the obligations of the Guarantors under this Guaranty. The obligation obligations of the Guarantors under this Guaranty shall be absolute abso- lute and unconditional irrespective of any circumstance whatsoever which might constitute a legal or equitable discharge or defense of any Guarantor or any BorrowerManor Care. Each Guarantor hereby acknowledges that there are no conditions to the effectiveness of this Guaranty.

Appears in 1 contract

Samples: Credit Agreement (HCR Manor Care Inc)

No Conditions to Effectiveness. No claim or defense by any Person as to the invalidity or unenforceability of any obligation under the Loan Documents shall affect or impair the obligations of the Guarantors under this Guaranty. The obligation obligations of the Guarantors under this Guaranty shall be absolute and unconditional irrespective of any circumstance whatsoever which might constitute a legal or equitable discharge or defense of any Guarantor or any BorrowerManor Care. Each Guarantor hereby acknowledges that there are no conditions to the effectiveness of this Guaranty.

Appears in 1 contract

Samples: Credit Agreement (HCR Manor Care Inc)

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No Conditions to Effectiveness. No claim or defense by any Person as to the invalidity or unenforceability of any obligation under the Loan Documents shall affect or impair the obligations of the Guarantors under this Guaranty. The obligation obligations of the Guarantors under this Guaranty shall be absolute abso- lute and unconditional irrespective of any circumstance whatsoever which might constitute a legal or equitable discharge or defense of any Guarantor or any Borrower. Each Guarantor hereby acknowledges that there are no conditions to the effectiveness of this Guaranty.

Appears in 1 contract

Samples: Credit Agreement (HCR Manor Care Inc)

No Conditions to Effectiveness. No claim or defense by any Person as to the invalidity or unenforceability of any obligation under the Loan Documents shall affect or impair the obligations of the Guarantors Guarantor under this Guaranty. The obligation obligations of the Guarantors Guarantor under this Guaranty shall be absolute and unconditional irrespective of any circumstance whatsoever which might constitute a legal or equitable discharge or defense of any Guarantor or any BorrowerManor Care. Each The Guarantor hereby acknowledges that there are no conditions to the effectiveness of this Guaranty.

Appears in 1 contract

Samples: Credit Agreement (HCR Manor Care Inc)

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