Absolute and Unconditional Sample Clauses
The "Absolute and Unconditional" clause establishes that a party’s obligations under an agreement are not subject to any conditions, exceptions, or defenses. In practice, this means that the obligated party must perform their duties regardless of any external circumstances, disputes, or changes in the underlying agreement. For example, a guarantor’s promise to pay a debt would remain enforceable even if the primary contract is challenged or altered. The core function of this clause is to provide certainty and assurance to the beneficiary that the obligations will be fulfilled without delay or excuse, thereby minimizing the risk of non-performance.
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Absolute and Unconditional. The Guarantor hereby agrees that its obligations hereunder shall be absolute and shall be complete and binding. This Guarantee Agreement contains the full agreement of the Guarantor and is not subject to any oral conditions. The Guarantor agrees that the obligations of the Guarantor set forth in this Guarantee Agreement shall not be subject to any counterclaim, set off, deduction, recoupment, or suspension, or released, discharged or in any way affected or impaired by, any circumstances or conditions whatsoever, including, without limitation, any invalidity, irregularity or unenforceability of any Guaranteed Securities or the Indenture, any failure to enforce the provisions of such Guaranteed Securities or the Indenture, or any waiver, modification or indulgence granted to the Issuer with respect thereto by the Holders of such Guaranteed Securities or the Indenture Trustee or any other circumstances or condition which may otherwise constitute a legal or equitable discharge or defense of a surety or guarantor. The obligations of the Guarantor set forth herein constitute the full recourse obligations of the Guarantor enforceable against it to the full extent of all its assets and properties. Without limiting the generality of the foregoing, the Guarantor agrees that (a) repeated and successive demands may be made and recoveries may be had hereunder as and when, from time to time, the Issuer shall default under or fail to make payments when due under the Indenture and that, notwithstanding the recovery hereunder for or in respect of any given default or failure to so comply by the Issuer under the Indenture, this Guarantee Agreement shall remain in force and effect and shall apply to each and every subsequent default, and (b) in the event that any payment guaranteed hereunder is made by the Issuer, and thereafter all or any part of such payment is recovered from the Guarantee Trustee, the Indenture Trustee or any Holder of Guaranteed Securities upon the insolvency, bankruptcy or reorganization of the Issuer, the liability of the Guarantor hereunder with respect to such payment so paid and recovered shall continue and remain in full force and effect as if, to the extent of such recovery, such payment had not been made. If (x) an event permitting a declaration of acceleration under Section 802 of the Indenture shall at any time have occurred and be continuing, (y) the Holders of not less than 33% in principal amount of all outstanding Guaranteed Securities, or ...
Absolute and Unconditional. No act or thing, except for payment in full, which but for this provision might or could in law or in equity act as a release of our liabilities, shall in any way affect or impair this Guaranty. This shall be a continuing, absolute and unconditional Guaranty, and our liability on this Guaranty shall be immediate. You may have immediate recourse against us for full and immediate payment and performance of the Obligations, or any part thereof, at any time after the Obligations have not been paid or performed when due (whether by acceleration or otherwise). Subject to Section 5 hereof, this Guaranty shall remain in full force and effect until the Obligations have been paid in full notwithstanding any change or modification of our relationship with Borrower which exists as of the date hereof.
Absolute and Unconditional. The obligations of the Guarantor under this Guarantee shall be absolute and unconditional and shall remain in full force and effect until the Insured shall have fully discharged its obligations to the Companies and, prior to such time, shall not be released or discharged for any reason whatsoever unless agreed to in writing by the Companies.
Absolute and Unconditional. If Buyer fails to pay or perform the Obligations, CSI will, promptly on written demand thereof by Seller or Seller Parent, as applicable, pay or perform same. CSI hereby waives any and all rights and remedies that it may have as a guarantor or surety or to otherwise seek to take defenses outside of this Agreement (that are not otherwise available to Buyer) that may limit or delay Seller’s or Seller Parent’s recovery hereunder. CSI represents and warrants to Seller, as of the date hereof and as of the Closing Date, as follows: (a) CSI is duly organized, validly existing and in good standing under the laws of its jurisdiction of organization; (b) this Agreement has been duly executed by CSI; (c) this Agreement constitutes (assuming the due execution and delivery by each other party hereto) a valid and legally binding obligation of CSI, enforceable against CSI in accordance with its terms, except as limited by the Enforceability Exceptions; and (d) this Agreement does not conflict with, violate or breach, or require any consent or notice under, any Applicable Law or Contract applicable to CSI or require any consent or approval of any Governmental Authority, except as would not have a material adverse effect on CSI’s ability to perform its obligations hereunder.
Absolute and Unconditional. The Guarantor waives any and all notice of the creation, renewal, extension or accrual of any Guaranteed Amounts and notice of or proof of reliance by the Administrative Agent and the Lenders upon this Guarantee or acceptance of this Guarantee; the Guaranteed Amounts, and any of them, shall conclusively be deemed to have been created, contracted or incurred, or renewed, extended, amended or waived, in reliance upon this Guarantee; and all dealings relating to any Guaranteed Amounts between the Borrower or the Guarantor, on the one hand, and the Lenders and the Administrative Agent, on the other, shall likewise be conclusively presumed to have been had or consummated in reliance upon this Guarantee. The Guarantor waives diligence, presentment, protest, demand for payment and notice of default or nonpayment to or upon the Borrower or the Guarantor with respect to the Guaranteed Amounts. Except as otherwise provided in Section 1(d), this Guarantee shall be construed as a continuing, absolute and unconditional guarantee of payment to the extent provided herein without regard to any circumstance whatsoever (with or without notice to or knowledge of the Borrower or the Guarantor) which constitutes, or might be construed to constitute, an equitable or legal discharge of the Borrower for the Guaranteed Amounts, or of the Guarantor under this Guarantee, in bankruptcy or in any other instance. Except as otherwise provided in Section 1(d), this Guarantee shall remain in full force and effect and be binding in accordance with and to the extent of its terms upon the Guarantor and its successors and assigns thereof, and shall inure to the benefit of the Administrative Agent and the Lenders and respective successors, indorsees, transferees and assigns, until all Obligations shall have been satisfied by payment in full.
Absolute and Unconditional. The liability of each Guarantor under this Agreement shall be absolute and unconditional.
Absolute and Unconditional. The Guarantor hereby agrees that its obligations under this Guarantee Agreement shall be as if it were a principal obligor and not merely a surety and shall be absolute and unconditional, irrespective of the validity, regularity or enforceability of the Preferred Stock, the absence of any action to enforce the same, any waiver or consent by the Holder of any shares of Preferred Stock with respect to any terms thereof, the recovery of any judgment against the Issuer or any action to enforce the same, or any circumstance which might otherwise constitute a legal or equitable discharge or defense of a guarantor. The Guarantor acknowledges that its obligations hereunder are independent of the obligations of the Issuer with respect to the Preferred Stock and that the Guarantor shall be liable as a principal obligor hereunder to make Guarantee Payments pursuant to the terms of this Guarantee Agreement notwithstanding the occurrence of any event referred to in this Section 2.03.
Absolute and Unconditional. This Guaranty is an absolute and unconditional guaranty of payment and performance and not of collection, and FFCA unconditionally (a) waives any requirement that the Purchaser first make demand upon, or seek to enforce or exhaust remedies against, the Seller or any other person or entity (including any other guarantor) or any of the collateral or property of the Seller or such other person or entity before demanding payment or performance from, or seeking to enforce this Guaranty against, FFCA; (b) waives and agrees not to assert any and all rights, benefits and defenses that might otherwise be available under the provisions of applicable law, rules and regulations of government and that might operate, contrary to FFCA's promises in this Guaranty, to limit FFCA's liability under, or the enforcement of, this Guaranty; (c) covenants that this Guaranty will not be discharged until all of the Seller's obligations under the Purchase Agreement are fully satisfied;
Absolute and Unconditional. No act or thing, except for payment in full, which but for this provision might or could in law or in equity act as a release of Guarantor’s liabilities, shall in any way affect or impair this Guaranty. This shall be a continuing, absolute and unconditional Guaranty, and Guarantor’s liability on this Guaranty shall be immediate. Lender may have immediate recourse against Guarantor for full and immediate payment and performance of the Guaranteed Obligations, or any part thereof, at any time after the Guaranteed Obligations have not been paid or performed when due (whether by acceleration or otherwise). Subject to Section 4 hereof, this Guaranty shall remain in full force and effect until the Guaranteed Obligations have been paid in full notwithstanding any change or modification of Guarantor’s relationship with Borrower which exists as of the date hereof.
Absolute and Unconditional. Lessee hereby agrees that the obligations of each Lessor and Lessee hereunder shall be separate and independent covenants and agreements, and that Lessee’s obligation to pay all Rent and any other amounts owing under a Lease shall be absolute and unconditional, even if the Equipment is damaged or destroyed, if it is defective or if Lessee no longer can use it. Lessee is not entitled to reduce, or set-off against, Rent or other amounts due to a Lessor or to anyone to whom a Lessor assigns this Master Lease or any Lease whether Lessee’s claim arises out of this Master Lease, any Lease, any statement by a Lessor, any Lessor’s liability or any manufacturer’s liability, strict liability, negligence or otherwise.