SCP Guaranty Clause Samples

SCP Guaranty. SCP hereby guaranties the payment and performance of ------------ the obligations of Buyer hereunder. SCP hereby expressly waives diligence, presentment, demand of payment, protest and notices whatsoever, and any requirement that Seller exhaust any right, power or remedy or proceed against Buyer under this Agreement or any other Agreement or instrument referred to herein, or against any other party under any guarantee of, or security for, any obligations of Buyer under this Agreement. The obligations of SCP hereunder are absolute and unconditional and, to the fullest extent permitted by applicable law, irrespective of any other circumstance whatsoever that might otherwise constitute a legal or equitable discharge or defense of a surety or guarantor.