Common use of Payment Guaranty Clause in Contracts

Payment Guaranty. No Set-Off or Deductions. Guarantor hereby agrees that (a) this Guaranty is a guaranty of payment and not of collection and (b) amounts payable hereunder shall be paid when due, without set-off or reduction for any reason whatsoever.

Appears in 4 contracts

Sources: Guaranty (MIT Holding, Inc.), Guaranty (MIT Holding, Inc.), Guaranty (MIT Holding, Inc.)