Common use of Obligations Under Guaranty Clause in Contracts

Obligations Under Guaranty. No action of the Lender permitted hereunder shall in any way affect or impair the rights of the Lender and the obligations of Guarantor under this Guaranty. For the purposes of this Guaranty, Liabilities shall include all Obligations of the Borrowers to the Lender, notwithstanding any right or power of the Borrowers or anyone else to assert any claim or defense as to the invalidity or unenforceability of any such Obligation, and no such claim or defense shall affect or impair the obligations of Guarantor hereunder. The obligations of 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 Guarantor. Guarantor acknowledges that there are no conditions to the effectiveness of this Guaranty.

Appears in 3 contracts

Samples: Guaranty Agreement (Adcare Health Systems, Inc), Guaranty Agreement (Adcare Health Systems, Inc), Guaranty Agreement (Adcare Health Systems Inc)

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Obligations Under Guaranty. No action of the Lender permitted hereunder shall in any way affect or impair the rights of the Lender and the obligations of Guarantor the undersigned under this Guaranty. For the purposes of this Guaranty, Liabilities the Obligations shall include all Obligations of the Borrowers Borrower to the Lender, notwithstanding any right or power of the Borrowers Borrower or anyone else to assert any claim or defense as to the invalidity or unenforceability un enforceability of any such Obligation, and no such claim or defense shall affect or impair the obligations of Guarantor the undersigned hereunder. The obligations of Guarantor the undersigned under this Guaranty shall be absolute and unconditional irrespective of any circumstance whatsoever which might constitute a legal or equitable discharge or defense of Guarantorthe undersigned (or any of them). Guarantor Each of the undersigned hereby acknowledges that there are no conditions to the effectiveness of this Guaranty.

Appears in 2 contracts

Samples: Amended and Restated Guaranty (Air T Inc), Guaranty (Air T Inc)

Obligations Under Guaranty. No action of the Lender permitted hereunder shall in any way affect affect, modify, impair or impair prejudice the rights of the Lender and the obligations of the Guarantor under this Guaranty. For the purposes of this Guaranty, Liabilities shall include all Obligations obligations of the Borrowers Borrower to the LenderLender under the Loan Documents, notwithstanding any right or power of the Borrowers Borrower or anyone else to assert any claim or defense as to the invalidity invalidity, nonbinding effect or unenforceability of any such Obligationobligation or any of the Loan Documents, and no such claim or defense shall affect or impair the obligations of the Guarantor hereunder. The obligations of the 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 the Guarantor. The Guarantor acknowledges that there are no conditions to the effectiveness of this Guaranty.

Appears in 2 contracts

Samples: Construction Loan Agreement (Fuelcell Energy Inc), Guaranty Agreement (Fuelcell Energy Inc)

Obligations Under Guaranty. No action of the Lender permitted hereunder shall in any way affect or impair the rights of the Lender and the obligations of Guarantor under this Guaranty. For the purposes of this Guaranty, Liabilities shall include all Obligations of the Borrowers Borrower to the Lender, notwithstanding any right or power of the Borrowers Borrower or anyone else to assert any claim or defense as to the invalidity or unenforceability of any such Obligation, and no such claim or defense shall affect or impair the obligations of Guarantor hereunder. The obligations of 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 Guarantor. Guarantor acknowledges that there are no conditions to the effectiveness of this Guaranty.

Appears in 1 contract

Samples: Guaranty Agreement (Adcare Health Systems, Inc)

Obligations Under Guaranty. No action of the Lender permitted hereunder shall will in any way affect or impair the rights of the Lender and the obligations of Guarantor under this Guaranty. For the purposes of this Guaranty, Liabilities shall Obligations include all Obligations obligations of the Borrowers Borrower to the Lender, notwithstanding any right or power of the Borrowers Borrower or anyone else to assert any claim or defense as to the invalidity or unenforceability of any such Obligationobligation, and no such claim or defense shall will affect or impair the obligations of Guarantor hereunder. The obligations of Guarantor under this Guaranty shall be are absolute and unconditional irrespective of any circumstance whatsoever which might constitute a legal or equitable discharge or defense of Guarantor. Guarantor hereby acknowledges that there are no conditions to the effectiveness of this Guaranty.

Appears in 1 contract

Samples: Meritage Hospitality Group Inc /Mi/

Obligations Under Guaranty. No action of the Lender permitted hereunder shall in any way affect or impair the rights of the Lender and the obligations of Guarantor the undersigned under this Guaranty. For the purposes of this Guaranty, Liabilities Obligations shall include all Obligations obligations of the Borrowers Borrower to the Lender, notwithstanding any right or power of the Borrowers Borrower or anyone else to assert any claim or defense as to the invalidity or unenforceability un enforceability of any such Obligationobligation, and no such claim or defense shall affect or impair the obligations of Guarantor the undersigned hereunder. The obligations of Guarantor the undersigned under this Guaranty shall be absolute and unconditional irrespective of any circumstance whatsoever which might constitute a legal or equitable discharge or defense of Guarantorthe undersigned. Guarantor The undersigned hereby acknowledges that there are no conditions to the effectiveness of this Guaranty.

Appears in 1 contract

Samples: Compex Technologies Inc

Obligations Under Guaranty. No action of the Lender Bank permitted hereunder shall will in any way affect or impair the rights of the Lender Bank and the obligations of Guarantor the Guarantors under this Guaranty. For the purposes of this Guaranty, Liabilities shall include all Obligations obligations of the Borrowers to the LenderBank described in Section 1 of this Guaranty, notwithstanding any right or power of the Borrowers any Borrower or anyone else to assert any claim or defense as to the invalidity or unenforceability of any such Obligationobligation, and no such claim or defense shall will affect or impair the obligations of Guarantor the Guarantors hereunder. The obligations of Guarantor the Guarantors under this Guaranty shall be are absolute and unconditional irrespective of any circumstance whatsoever which might constitute a legal or equitable discharge or defense of Guarantorthe Guarantors. Guarantor acknowledges The Guarantors hereby acknowledge that there are no conditions to the effectiveness of this Guaranty.

Appears in 1 contract

Samples: Multicurrency Credit Agreement (Middleby Corp)

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Obligations Under Guaranty. No action of the Lender permitted hereunder shall in any way affect or impair the rights of the Lender and the obligations of Guarantor the undersigned under this Guaranty. For the purposes of this Guaranty, Liabilities the Obligations shall include all Obligations of the Borrowers to the Lender, notwithstanding any right or power of the either or both Borrowers or anyone else to assert any claim or defense as to the invalidity or unenforceability un enforceability of any such Obligation, and no such claim or defense shall affect or impair the obligations of Guarantor the undersigned hereunder. The obligations of Guarantor the undersigned under this Guaranty shall be absolute and unconditional irrespective of any circumstance whatsoever which might constitute a legal or equitable discharge or defense of Guarantorthe undersigned (or any of them). Guarantor Each of the undersigned hereby acknowledges that there are no conditions to the effectiveness of this Guaranty.

Appears in 1 contract

Samples: Guaranty (Air T Inc)

Obligations Under Guaranty. No action of the Lender permitted hereunder shall will in any way affect or impair the rights of the Lender and the obligations of the Guarantor under this Guaranty. For the purposes of this Guaranty, Liabilities shall include all Obligations obligations of the Borrowers Borrower to the LenderLender under the Loan Agreement, notwithstanding any right or power of the Borrowers Borrower or anyone else to assert any claim or defense as to the invalidity or unenforceability of any such Obligationobligation, and no such claim or defense shall will affect or impair the obligations of the Guarantor hereunder. The obligations of the Guarantor under this Guaranty shall be are absolute and unconditional irrespective of any circumstance whatsoever which might constitute a legal or equitable discharge or defense of the Guarantor. The Guarantor hereby acknowledges that there are no conditions to the effectiveness of this Guaranty.

Appears in 1 contract

Samples: Wynn Resorts LTD

Obligations Under Guaranty. No action of the Lender Bank permitted hereunder shall will in any way affect or impair the rights of the Lender Bank and the obligations of the Guarantor under this Guaranty. For the purposes of this Guaranty, Liabilities shall include all Obligations obligations of the Borrowers Borrower to the LenderBank, notwithstanding any right or power of the Borrowers Borrower or anyone else to assert any claim or defense as to the invalidity or unenforceability of any such Obligationobligation, and no such claim or defense shall will affect or impair the obligations of the Guarantor hereunder. The obligations of the Guarantor under this Guaranty shall be are absolute and unconditional irrespective of any circumstance whatsoever which might constitute a legal or equitable discharge or defense of the Guarantor. The Guarantor hereby acknowledges that there are no conditions to the effectiveness of this Guaranty. 15.

Appears in 1 contract

Samples: Greg Manning Auctions Inc

Obligations Under Guaranty. No action of the Lender permitted hereunder shall in any way affect or impair the rights of the Lender and the obligations of Guarantor the undersigned under this Guaranty. For the purposes of this Guaranty, Liabilities Obligations shall include all Obligations obligations of the Borrowers Borrower to the Lender, notwithstanding any right or power of the Borrowers Borrower or anyone else to assert any claim or defense as to the invalidity or unenforceability un enforceability of any such Obligationobligation, and no such claim or defense shall affect or impair the obligations of Guarantor the undersigned hereunder. The obligations of Guarantor the undersigned under this Guaranty shall be absolute and unconditional irrespective of any circumstance whatsoever which might constitute a legal or equitable discharge or defense of Guarantorthe undersigned (or any of them). Guarantor The undersigned hereby acknowledges that there are no conditions to the effectiveness of this Guaranty.

Appears in 1 contract

Samples: Loan and Security Agreement (Pemstar Inc)

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