Common use of No Discharge or Diminishment of Guarantee Clause in Contracts

No Discharge or Diminishment of Guarantee. 26.4.1 The obligations of Guarantor hereunder shall not be subject to any reduction, limitation, impairment or termination for any reason, including any claim of waiver, release, surrender, alteration or compromise, and shall not be subject to any defense or setoff, counterclaim, recoupment or termination whatsoever by reason of the invalidity, illegality or unenforceability of the Obligations or otherwise (other than defense of payment or performance). Without limiting the generality of the foregoing, the obligations of Guarantor hereunder, to the fullest extent permitted by Applicable Laws, shall not be discharged or impaired or otherwise affected by, and Guarantor hereby waives any defense to the enforcement hereof by reason of:

Appears in 2 contracts

Samples: www.sec.gov, Mitsubishi Ufj (Liberty Mutual Agency Corp)

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No Discharge or Diminishment of Guarantee. 26.4.1 The obligations of the Guarantor hereunder shall be absolute and unconditional and shall not be subject to any reduction, limitation, impairment or termination for any reason, including including, without limitation, any claim of waiver, release, surrender, alteration or compromise, and shall not be subject to any defense or setoff, counterclaim, recoupment or termination whatsoever by reason of the invalidity, illegality or unenforceability of the Obligations or otherwise (other than defense of payment or performance)otherwise. Without limiting the generality of the foregoing, the obligations of the Guarantor hereunder, to the fullest extent permitted by Applicable Laws, hereunder shall not be discharged or impaired or otherwise affected by, and Guarantor hereby waives any defense to the enforcement hereof by reason of:

Appears in 2 contracts

Samples: Credit Facility Agreement (Credit Suisse First Boston Usa Inc), Credit Facility Agreement (Credit Suisse First Boston Usa Inc)

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No Discharge or Diminishment of Guarantee. 26.4.1 The obligations of the Guarantor hereunder shall not be subject to any reduction, limitation, impairment or termination for any reasonreason (other than the payment in full in cash of the Obligations), including any claim of waiver, release, surrender, alteration or compromisecompromise of any of the Obligations, and shall not be subject to any defense or setoff, counterclaim, recoupment or termination whatsoever by reason of the invalidity, illegality or unenforceability of the Obligations or otherwise (other than defense of payment or performance)otherwise. Without limiting the generality of the foregoing, the obligations of the Guarantor hereunder, to the fullest extent permitted by Applicable Laws, hereunder shall not be discharged or impaired or otherwise affected by, and Guarantor hereby waives any defense to the enforcement hereof by reason of:

Appears in 1 contract

Samples: Guarantee Agreement (Kmart Holding Corp)

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