Actions Not Required. Guarantor hereby waives any and all right to cause a marshalling of the assets of Buyer or any other action by any court or other governmental body with respect thereto. Time is of the essence with respect to Guarantor’s obligations under this Guaranty. If any remedy of right hereby granted shall be found to be unenforceable, such unenforceability shall not limit or prevent enforcement of any other remedy or right hereby granted.
Appears in 1 contract
Sources: Contract to Purchase Limited Partnership Interests (Bayfield Low Income Housing Limited Partnership)
Actions Not Required. Guarantor hereby waives any and all right to cause a marshalling of the assets of Buyer Borrower or any other action by any court or other governmental body with respect thereto. Time is of the essence with respect to Guarantor’s obligations under this Guaranty. If any remedy of or right hereby granted shall be found to be unenforceable, such unenforceability shall not limit or prevent enforcement of any other remedy or right hereby granted.
Appears in 1 contract
Sources: Loan Agreement (Bayfield Low Income Housing Limited Partnership)