Common use of Termination of Guaranty Clause in Contracts

Termination of Guaranty. This Guaranty is a continuing Guaranty and shall remain in full force and effect until the indefeasible payment in full in cash (or other property acceptable to the Holders, in their sole discretion) of the Guaranteed Obligations.

Appears in 3 contracts

Samples: Secured Guaranty (PRB Energy, Inc.), Secured Guaranty (EnerJex Resources, Inc.), Secured Guaranty (U S Wireless Data Inc)

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Termination of Guaranty. This Guaranty is a continuing Guaranty which will remain effective during and shall remain in full force and effect until the indefeasible payment in full in cash (or other property acceptable to the Holders, in their sole discretion) so long as any of the Guaranteed ObligationsObligations remain outstanding or owing. In no event may this Guaranty be terminated without the prior written consent of the Lender in its sole discretion until all of the Guaranteed Obligations will have been indefeasibly paid in full.

Appears in 2 contracts

Samples: Guaranty (Interstate General Co L P), Guaranty (Interstate General Co L P)

Termination of Guaranty. This Guaranty is a continuing Guaranty and shall remain in full force and effect until the indefeasible payment in full in cash or shares of Common Stock (or other property acceptable to the Holders, in their sole discretion) of the Guaranteed Obligations.

Appears in 2 contracts

Samples: Secured Guaranty (Guardian 8 Holdings), Secured Guaranty (Guardian 8 Holdings)

Termination of Guaranty. This Guaranty is a continuing Guaranty and irrevocable guaranty of all Guaranteed Obligations now or hereafter existing and shall remain in full force and effect until the indefeasible payment all Guaranteed Obligations are indefeasibly paid in full in cash (or other property acceptable to the Holders, in their sole discretion) of the Guaranteed Obligations“Termination Date”).

Appears in 1 contract

Samples: Regency Energy Partners LP

Termination of Guaranty. This Guaranty is a continuing Guaranty and shall remain in full force and effect until the indefeasible payment in full in cash (or other property acceptable to the HoldersLenders, in their sole discretion) of the Guaranteed ObligationsObligations or the termination by the Agent, the Lenders and the Borrower of the Credit Agreement.

Appears in 1 contract

Samples: Guaranty (Acme Television LLC)

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Termination of Guaranty. This Guaranty is a continuing Guaranty and shall remain in full force and effect until the indefeasible payment in full in cash (or other property acceptable to the HoldersSecured Party, in their sole discretion) of the Guaranteed Obligations.

Appears in 1 contract

Samples: Secured Guaranty (Tribeworks Inc)

Termination of Guaranty. This Guaranty is a continuing Guaranty and which shall remain in full force and effect effective until the indefeasible payment Guaranteed Obligations have been satisfied in full in cash (or other property acceptable to the Holders, in their sole discretion) of the Guaranteed Obligationsfull.

Appears in 1 contract

Samples: Nytest Environmental Inc

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