Common use of Separate Indemnity Clause in Contracts

Separate Indemnity. Guarantors acknowledge and agree that the Banks’ and Administrative Agent’s rights (and Guarantors’ obligations) under this Guaranty shall be in addition to all of the Banks’ and Administrative Agent’s rights (and all of Guarantors’ obligations) under any indemnity agreement (including the Indemnity) executed and delivered to the Banks and/or Administrative Agent in connection with the Loan, and payments by Guarantors under this Guaranty shall not reduce any of Guarantors’ obligations and liabilities under any such indemnity agreement.

Separate Indemnity. Guarantors acknowledge Guarantor acknowledges and agree agrees that the Banks’ and Administrative Agent’s and Lenders’ rights (and Guarantors’ Guarantor’s obligations) under this Guaranty shall be in addition to all of the Banks’ and Administrative Agent’s Lenders’ rights (and all of Guarantors’ Guarantor’s obligations) under any indemnity agreement (including the Indemnity) executed and delivered to the Banks and/or Administrative Agent and Lenders by Borrower and/or Guarantor or any other guarantor in connection with the LoanAdvances, and payments by Guarantors Guarantor under this Guaranty shall not reduce any of Guarantors’ Guarantor’s obligations and liabilities under any such indemnity agreement.