Unconditional Obligations. The liability of the Guarantor is direct, immediate, absolute, continuing, unconditional and unlimited. The Landlord shall not be required to pursue any remedies it may have against the Tenant or against any collateral as a condition to enforcement of this guaranty. Nor shall the Guarantor be discharged or released by reason of the discharge or release of the Tenant for any reason, including a discharge in Bankruptcy, receivership or other proceedings, a disaffirmation or rejection of the Lease by a trustee, custodian, or other representative in Bankruptcy, a stay or other enforcement restriction, or any other reduction, modification, impairment or limitation of the liability of the Tenant or any remedy of the Landlord. The Guarantor assumes all responsibility for being and keeping itself informed of Tenant's financial condition and assets, and of all other circumstances bearing upon the risk of nonperformance by Tenant under the Lease. The Guarantor agrees that Landlord shall have no duty to advise the Guarantor of information known to it regarding such circumstances or risks.
Appears in 4 contracts
Sources: Guaranty (Blue Rhino Corp), Guaranty (Blue Rhino Corp), Guaranty (Blue Rhino Corp)
Unconditional Obligations. The liability of the Guarantor is direct, immediate, absolute, continuing, unconditional and unlimited. The Landlord shall not be required to pursue any remedies it may have against the Tenant or against any security deposit or other collateral as a condition to enforcement of this guaranty. Nor shall the Guarantor be discharged or released by reason of the discharge or and release of the a Tenant for any reason, including a discharge in Bankruptcybankruptcy, receivership or other proceedings, a disaffirmation or rejection of the Lease by a trustee, custodian, or other representative in Bankruptcybankruptcy, a stay or other enforcement restriction, or any other reduction, modification, impairment or limitation limitations of the liability of the Tenant or any remedy of the a Landlord. The Guarantor assumes all responsibility for being and keeping itself himself informed of Tenant's financial condition and assets, and of all other circumstances bearing upon the risk of nonperformance by a Tenant under the Lease. The Guarantor agrees that Landlord shall have no duty to advise the Guarantor of information known to it regarding such circumstances or risks.
Appears in 2 contracts
Sources: Guaranty (Cumetrix Data Systems Corp), Guaranty (Cumetrix Inc)
Unconditional Obligations. The liability of the Guarantor is direct, immediate, absolute, continuing, unconditional and unlimited. The Landlord Vandab shall not be required to pursue any remedies it may have against the Tenant Corporation or against any security or other collateral as a condition to enforcement of this guaranty. Nor shall the Guarantor be discharged or released by reason of the discharge or release of the Tenant Corporation for any reason, including a discharge in Bankruptcy, receivership or other proceedings, a disaffirmation or rejection of the Lease or related Agreements by a trustee, custodian, or other representative in Bankruptcy, a stay or other enforcement restriction, or any other reduction, modification, impairment or limitation limitations of the liability of the Tenant Corporation or any remedy of the LandlordVandab. The Guarantor assumes all responsibility for being and keeping itself informed of Tenant's financial condition and assets, and of all other circumstances bearing upon the risk of nonperformance non-performance by Tenant under the LeaseLease Agreement and related Agreements. The Guarantor agrees that Landlord Vandab shall have no duty to advise the Guarantor of information known to it regarding such circumstances or risks.
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Unconditional Obligations. The liability of the Guarantor is direct, immediate, absolute, continuing, unconditional and unlimited. The Landlord shall not be required to pursue any remedies it may have against the Tenant or against any security deposit or other collateral as a condition to enforcement of this guaranty. Nor shall the Guarantor be discharged or released by reason of the discharge or release of the Tenant for any reason, including a discharge in Bankruptcy, receivership or other proceedings, a disaffirmation or rejection of the Lease by a trusteeTrustee, custodian, or other representative in Bankruptcy, a stay or other enforcement restriction, or any other reduction, modification, impairment or limitation limitations of the liability of the Tenant or any remedy of the Landlord. The Guarantor assumes all responsibility for being and keeping itself informed of Tenant's financial condition and assets, and of all other circumstances bearing upon the risk of nonperformance by Tenant under the Lease. The Guarantor agrees that the Landlord shall have no duty to advise the Guarantor of information known to it regarding such circumstances or risks.
Appears in 1 contract
Unconditional Obligations. The liability of the Guarantor is direct, immediate, absolute, continuing, unconditional and unlimited. The Landlord shall not be required to pursue any remedies it may have against the Tenant or against any collateral as a condition to enforcement of this guaranty. Nor shall the Guarantor be discharged or released by reason of the discharge or release of the Tenant for any reason, including a discharge in Bankruptcy, receivership or other proceedings, a disaffirmation or rejection of the Lease by a trustee, custodian, or other representative in Bankruptcy, a stay or other enforcement restriction, or any other reduction, modification, impairment or limitation of the liability of the Tenant or any remedy of the Landlord. The Guarantor assumes all responsibility for being and keeping itself informed of Tenant's ’s financial condition and assets, and of all other circumstances bearing upon the risk of nonperformance by Tenant under the Lease. The Guarantor agrees that Landlord shall have no duty to advise the Guarantor of information known to it regarding such circumstances or risks.
Appears in 1 contract
Sources: Guaranty (Blue Rhino Corp)