Release of Guarantor Transfer. (A) A “Release of Guarantor Transfer” is a Transfer that occurs when Funding Lender in Funding Lender’s Discretion agrees in writing to release a Guarantor (“Released Guarantor”) of a portion of Released Guarantor’s liability under the Guaranty.
Appears in 3 contracts
Samples: Continuing Covenant Agreement, Continuing Covenant Agreement, Continuing Covenant Agreement
Release of Guarantor Transfer. (A) A “Release of Guarantor Transfer” is a Transfer that occurs when Funding Lender in Funding LenderXxxxxx’s Discretion agrees in writing to release a Guarantor (“Released Guarantor”) of a portion of Released Guarantor’s liability under the Guaranty.
Appears in 1 contract
Samples: Continuing Covenant Agreement