Common use of No Impairment of Guaranty Clause in Contracts

No Impairment of Guaranty. The obligations of the U.S. Guarantors hereunder shall not be subject to any reduction, limitation, impairment or termination for any reason, including, without limitation, any claim of waiver, release, surrender, alteration or compromise, and shall not be subject to any defense or set-off, counterclaim, recoupment or termination whatsoever by reason of the invalidity, illegality or unenforceability of the Obligations. Without limiting the generality of the foregoing, the obligations of the U.S. Guarantors hereunder shall not be discharged or impaired or otherwise affected by the failure of the Agent or a Lender to assert any claim or demand or to enforce any remedy under this Agreement, or any other agreement, by any waiver or modification of any provision thereof, by any default, failure or delay, willful or otherwise, in the performance of the Obligations, or by any other act or thing or omission or delay to do any other act or thing which may or might in any manner or to any extent vary the risk of the U.S. Guarantors or would otherwise operate as a discharge of the U.S. Guarantors as a matter of law, unless and until the Obligations are paid in full.

No Impairment of Guaranty. The obligations of the U.S. Guarantors hereunder each Borrower under this Section shall not be subject to any reduction, limitation, impairment or termination for any reasonreason (except payment and performance in full of the Subject Obligations), including, without limitation, any claim of waiver, release, surrender, alteration or compromise, and shall not be subject to any defense or set-off, counterclaim, recoupment or termination whatsoever by reason of the invalidity, illegality or unenforceability of the ObligationsSubject Obligations or otherwise. Without limiting the generality of the foregoing, the obligations of the U.S. Guarantors hereunder each Borrower under this Section shall not be discharged or impaired or otherwise affected by the failure of the Agent Hallmark or a any Hallmark Lender to assert any claim or demand or to enforce any remedy under this Agreement, Security Agreement or any other agreement, by any waiver or modification of any provision hereof or thereof, by any default, failure or delay, willful or otherwise, in the performance of the Subject Obligations, or by any other act or thing or omission or delay to do any other act or thing which may or might in any manner or to any extent vary the risk of the U.S. Guarantors such Borrower or would otherwise operate as a discharge of the U.S. Guarantors such Borrower as a matter of law, unless and until the Subject Obligations are paid in full.

No Impairment of Guaranty. The obligations of the U.S. Guarantors hereunder shall not be subject to any reduction, limitation, impairment or termination for any reason, including, without limitation, any claim of or waiver, release, surrender, alteration or compromise, and shall not be subject to any defense (other than by payment of the Guaranteed Obligations in full in cash) or set-off, counterclaim, recoupment or termination whatsoever by reason of the invalidity, illegality or unenforceability of the ObligationsGuaranteed Obligations or otherwise. Without limiting the generality of the foregoing, the obligations of the U.S. Guarantors hereunder shall not be discharged or impaired or otherwise affected by the failure of any of the Agent or a Lender Secured Parties to assert any claim or demand or to enforce any remedy hereunder or under this Agreement, the Loan Agreement or any other agreement, by any waiver or modification of any provision thereof, by any default, failure or delay, willful or otherwise, in the performance of the Guaranteed Obligations, or by any other act or thing or omission or delay to do any other act or thing which may or might in any manner or to any extent vary the risk of the U.S. Guarantors or would otherwise operate as a discharge of the U.S. Guarantors as a matter of law, unless and until the Guaranteed Obligations are paid in full.

No Impairment of Guaranty. The obligations Except as otherwise provided by Section 2.4 of this Guaranty Agreement, the U.S. Guarantors hereunder Guaranteed Obligations shall not be subject to any reduction, limitation, impairment or termination for any reason, including, without limitation, any claim of or waiver, release, surrender, alteration or compromise, and shall not be subject to any defense (other than by payment of the Guaranteed Obligations in full in cash) or set-off, counterclaim, recoupment or termination whatsoever by reason of the invalidity, illegality or unenforceability of the ObligationsGuaranteed Obligations or otherwise. Without limiting the generality of the foregoing, the obligations of the U.S. Guarantors Guarantor hereunder shall not be discharged or impaired or otherwise affected by the failure of the Agent or a Lender to assert any claim or demand or to enforce any remedy hereunder or under this Agreement, the Loan Agreement or any other agreementLoan Document, by any waiver or modification of any provision thereof, by any default, failure or delay, willful or otherwise, in the performance of the Guaranteed Obligations, or by any other act or thing or omission or delay to do any other act or thing which may or might in any manner or to any extent vary the risk of the U.S. Guarantors Guarantor or would otherwise operate as a discharge of the U.S. Guarantors Guarantor as a matter of law, unless and until the Guaranteed Obligations are paid in full.