Common use of Unconditional Liability Clause in Contracts

Unconditional Liability. Borrower hereby waives all notices in connection with the delivery, acceptance, performance, default, or enforcement of the payment of the Loan, and agrees that its liability shall be unconditional, without regard to the liability of any other party, and shall not be affected in any manner by any indulgence, extension of time, renewal, waiver or modification granted or consented to by MBFHM, and consents to any and all extensions of time, renewals, waivers, or modifications that may be granted by MBFHM with respect to the payment or other provisions of this Amended and Restated Agreement, and agrees that additional Borrowers, guarantors, or sureties may become parties hereto without notice to it or affecting its liability hereunder.

Unconditional Liability. Borrower hereby waives all notices in connection with the delivery, acceptance, performance, default, or enforcement of the payment of the Loan, and agrees that its liability shall be unconditional, without regard to the liability of any other party, and shall not be affected in any manner by any indulgence, extension of time, renewal, waiver or modification granted or consented to by MBFHM, and consents to any and all extensions of time, renewals, waivers, or modifications that may be granted by MBFHM with respect to the payment or other provisions of this Amended and Restated Agreement, and agrees that additional Borrowers, guarantors, or sureties may become parties hereto without notice to it or affecting its liability hereunder.