Common use of Unconditional Guaranty Clause in Contracts

Unconditional Guaranty. (a) No action which Agent or any Lender may take or omit to take in connection with any of the Obligation Documents, any of the Obligations (or any other indebtedness owing by Borrower to Agent or any Lender), or any Security, and no course of dealing of Agent or any Lender with any Obligor or any other Person, shall release or diminish Guarantor's obligations, liabilities, agreements or duties hereunder, affect this Guaranty in any way, or afford Guarantor any recourse against Agent or any Lender, regardless of whether any such action or inaction may increase any risks to or liabilities of Agent or any Lender or any Obligor or increase any risk to or diminish any safeguard of any Security. Without limiting the foregoing, Guarantor hereby expressly agrees that Agent and Lenders may, from time to time, without notice to or the consent of Guarantor, do any or all of the following:

Appears in 8 contracts

Samples: Credit Agreement (Leslie Resources Inc), 1 (Leslie Resources Inc), Credit Agreement (STB Systems Inc)

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Unconditional Guaranty. (a) No action which Agent or any Lender Creditor may take or omit to take in connection with any of the Obligation Documents, any of the Obligations (or any other indebtedness owing by Borrower the Borrowers to Agent or any LenderCreditor), or any Security, and no course of dealing of Agent or any Lender Creditor with any Obligor or any other Person, shall release or diminish Guarantor's obligations, liabilities, agreements or duties hereunder, affect this Guaranty in any way, or afford Guarantor any recourse against Agent or any LenderCreditor, regardless of whether any such action or inaction may increase any risks to or liabilities of Agent or any Lender Creditor or any Obligor or increase any risk to or diminish any safeguard of any Security. Without limiting the foregoing, Guarantor hereby expressly agrees that Agent and Lenders Creditors may, from time to time, without notice to or the consent of Guarantor, do any or all of the following:

Appears in 2 contracts

Samples: Credit Agreement (El Paso Production Holding Co), Credit Agreement (El Paso Production Holding Co)

Unconditional Guaranty. (a) No action which Agent or any Lender Holder may take or omit to take in connection with any of the Obligation Documents, any of the Obligations (or any other indebtedness owing by Borrower Company to Agent or any LenderHolder), or any Security, and no course of dealing of Agent or any Lender Holder with any Obligor or any other Person, shall release or diminish any Guarantor's ’s obligations, liabilities, agreements or duties hereunder, affect this Guaranty in any way, or afford any Guarantor any recourse against Agent or any LenderHolder, regardless of whether any such action or inaction may increase any risks to or liabilities of Agent or any Lender Holder or any Obligor or increase any risk to or diminish any safeguard of any Security. Without limiting the foregoing, each Guarantor hereby expressly agrees that Agent and Lenders Holders may, from time to time, without notice to or the consent of any Guarantor, do any or all of the following:

Appears in 2 contracts

Samples: Guaranty (Penn Octane Corp), Guaranty (Rio Vista Energy Partners Lp)

Unconditional Guaranty. (a) No action which Agent or any Lender Party may take or omit to take in connection with any of the Obligation DocumentsLoan Documents (other than as required by Section 11), any of the Obligations (or any other indebtedness owing by Borrower to Agent or any LenderLender Party), or any Security, and no course of dealing of Agent or any Lender Party with any Obligor or any other Person, shall release or diminish Guarantor's ’s obligations, liabilities, liabilities or agreements or duties hereunder, affect this Guaranty in any way, or afford Guarantor any recourse against Agent or any LenderLender Party, regardless of whether any such action or inaction may increase any risks to or liabilities of Agent or any Lender Party or any Obligor or increase any risk to or diminish any safeguard of any Security. Without limiting the foregoing, Guarantor hereby expressly agrees that Administrative Agent and Lenders the other Lender Parties may, from time to time, without notice to or the consent of Guarantor, do any or all of the following:

Appears in 2 contracts

Samples: Guaranty (Plains All American Pipeline Lp), Guaranty Agreement (Plains All American Pipeline Lp)

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Unconditional Guaranty. (a) No action which Agent or any that the Lender may take or omit to take in connection with any of the Obligation Loan Documents, any of the Guaranteed Obligations (or any other indebtedness owing by Borrower any Obligor to Agent or any the Lender), or any Security, and no course of dealing of Agent or any the Lender with any Obligor Guarantor or any other Personperson or entity, shall release or diminish the Guarantor's ’s obligations, liabilities, agreements or duties hereunder, affect this Guaranty in any way, or afford the Guarantor any recourse against Agent or any the Lender, regardless of whether any such action or inaction may increase any risks to or liabilities of Agent or any the Lender or any Obligor or increase any risk to or diminish any safeguard of any SecurityObligor. Without limiting the foregoing, the Guarantor hereby expressly agrees that Agent and Lenders the Lender may, from time to time, without notice to or the consent of the Guarantor, do any or all of the following, which shall not affect the Guarantor’s liability hereunder:

Appears in 1 contract

Samples: Guaranty Agreement (Zomedica Pharmaceuticals Corp.)

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