Common use of Continuing guarantee and indemnity Clause in Contracts

Continuing guarantee and indemnity. (a) This Clause 10 (AAB Guarantee) is a continuing obligation of Guarantor, despite Delivery of any Aircraft, and remains in full force and effect for so long as Seller has any liability or obligation to the Purchaser under any of this Agreement and until all of those liabilities or obligations have been fully discharged, regardless of any intermediate payment or discharge in whole or in part. (b) Without prejudice to the generality of Clause 10.6 (Waiver of Defences), Guarantor expressly confirms that it intends that this guarantee shall extend from time to time to any (however fundamental) variation, increase, extension or addition of or to this Agreement. (c) This guarantee is in addition to and is not in any way prejudiced by any other guarantee or security now or subsequently held by the Purchaser. (d) If any discharge, release or arrangement (whether in respect of the obligations of Seller or any security for those obligations or otherwise) is made by the Purchaser in whole or in part on the basis of any payment, security or other disposition which is avoided or must be restored in insolvency, liquidation, administration or otherwise, without limitation, then the liability of Guarantor under this Clause 10 (AAB Guarantee) will continue or be reinstated as if the discharge, release or arrangement had not occurred.

Continuing guarantee and indemnity. (a) This Clause 10 15 (AAB Vendor Guarantee) is a continuing obligation of the Vendor Guarantor, despite Delivery of any AircraftCompletion, and remains in full force and effect for so long as Seller the Vendor has any liability or obligation to the Purchaser under any of this Agreement and until all of those liabilities or obligations have been fully discharged, regardless of any intermediate payment or discharge in whole or in part. (b) Without prejudice to the generality of Clause 10.6 15.6 (Waiver of Defences), the Vendor Guarantor expressly confirms that it intends that this guarantee shall extend from time to time to any (however fundamental) variation, increase, extension or addition of or to this Agreement. (c) This guarantee is in addition to and is not in any way prejudiced by any other guarantee or security now or subsequently held by the Purchaser. (d) If any discharge, release or arrangement (whether in respect of the obligations of Seller the Vendor or any security for those obligations or otherwise) is made by the Purchaser in whole or in part on the basis of any payment, security or other disposition which is avoided or must be restored in insolvency, liquidation, administration or otherwise, without limitation, then the liability of the Vendor Guarantor under this Clause 10 15 (AAB Vendor Guarantee) will continue or be reinstated as if the discharge, release or arrangement had not occurred.

Continuing guarantee and indemnity. (a) This Clause 10 11 (AAB Guarantee) is a continuing obligation of Guarantor, despite Delivery of any Aircraft, and remains in full force and effect for so long as Seller has any liability or obligation to the Purchaser under any of this Agreement and until all of those liabilities or obligations have been fully discharged, regardless of any intermediate payment or discharge in whole or in part. (b) Without prejudice to the generality of Clause 10.6 11.6 (Waiver of Defences), Guarantor expressly confirms that it intends that this guarantee shall extend from time to time to any (however fundamental) variation, increase, extension or addition of or to this Agreement. (c) This guarantee is in addition to and is not in any way prejudiced by any other guarantee or security now or subsequently held by the Purchaser. (d) If any discharge, release or arrangement (whether in respect of the obligations of Seller or any security for those obligations or otherwise) is made by the Purchaser in whole or in part on the basis of any payment, security or other disposition which is avoided or must be restored in insolvency, liquidation, administration or otherwise, without limitation, then the liability of Guarantor under this Clause 10 11 (AAB Guarantee) will continue or be reinstated as if the discharge, release or arrangement had not occurred.

Continuing guarantee and indemnity. (a) This Clause 10 14 (AAB Purchaser Guarantee) is a continuing obligation of the Purchaser Guarantor, despite Delivery of any AircraftCompletion, and remains in full force and effect for so long as Seller the Purchaser has any liability or obligation to the Purchaser Vendor under any of this Agreement the Transaction Documents and until all of those liabilities or obligations have been fully discharged, regardless of any intermediate payment or discharge in whole or in part. (b) Without prejudice to the generality of Clause 10.6 14.6 (Waiver of Defences), the Purchaser Guarantor expressly confirms that it intends that this guarantee shall extend from time to time to any (however fundamental) variation, increase, extension or addition of or to this Agreementany of the Transaction Documents. (c) This guarantee is in addition to and is not in any way prejudiced by any other guarantee or security now or subsequently held by the PurchaserVendor. (d) If any discharge, release or arrangement (whether in respect of the obligations of Seller the Purchaser or any security for those obligations or otherwise) is made by the Purchaser Vendor in whole or in part on the basis of any payment, security or other disposition which is avoided or must be restored in insolvency, liquidation, administration or otherwise, without limitation, then the liability of the Purchaser Guarantor under this Clause 10 14 (AAB Purchaser Guarantee) will continue or be reinstated as if the discharge, release or arrangement had not occurred.