Common use of Other Guarantors Clause in Contracts

Other Guarantors. Each Guarantor acknowledges that other Guarantors and Joinder Parties have or may also from time to time become primarily or secondarily liable with respect to any of the Guaranteed Obligations, in which event the liability of the Guarantors hereunder shall be joint and several. Each Guarantor further acknowledges that the failure of any of the other Guarantors, if any, to execute and deliver their respective guarantees hereunder shall not discharge the liability of such Guarantor under this Guaranty.

Appears in 3 contracts

Samples: Continuing Guaranty Agreement (Lionbridge Technologies Inc /De/), Credit Agreement (Ss&c Technologies Inc), Joint and Several Continuing Guaranty Agreement (Ss&c Technologies Inc)

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Other Guarantors. Each The Guarantor acknowledges that other Guarantors and Joinder Parties individuals or entities have or may also from time to time become primarily or secondarily liable with respect to any of the Guaranteed ObligationsObligations (including each other guarantor, the “Other Guarantors”), in which event the liability of the Guarantors Guarantor hereunder shall be joint and several. Each The Guarantor further acknowledges that the failure of any of the other Other Guarantors, if any, to execute and deliver their respective guarantees hereunder shall not discharge the liability of such the Guarantor under this Guaranty.

Appears in 2 contracts

Samples: Continuing Guaranty Agreement (Fortified Holdings Corp.), Continuing Guaranty Agreement (Aegis Industries, Inc.)

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