Common use of Continuing guarantee and indemnity Clause in Contracts

Continuing guarantee and indemnity. This clause 19: (a) extends to cover this agreement as amended, varied or replaced, whether with or without the consent of the Seller Guarantor; (b) is a principal obligation and is not to be treated as ancillary or collateral to another right or obligation; (c) is independent of and not in substitution for or affected by any other security interest or guarantee or other document or agreement which the Buyer may hold concerning the Seller Guaranteed Obligations; and (d) is a continuing guarantee and indemnity despite any intervening payment, settlement or other thing and extends to all of the Seller’s obligations arising from or in relation to this agreement and, despite Completion, remains in full force and effect for so long as the Seller has any liability or obligation to the Buyer under this agreement and until all of those liabilities or obligations have been fully discharged.

Continuing guarantee and indemnity. This clause 1915: (a) extends to cover this agreement as amended, varied or replaced, whether with or without the consent of the Seller Buyer Guarantor; (b) is a principal obligation and is not to be treated as ancillary or collateral to another right or obligation; (c) is independent of and not in substitution for or affected by any other security interest or guarantee or other document or agreement which the Buyer Sellers may hold concerning the Seller Buyer Guaranteed Obligations; and (d) is a continuing guarantee and indemnity despite any intervening payment, settlement or other thing and extends to all of the SellerBuyer’s obligations arising from or in relation to connection with this agreement and, despite Completion, remains in full force and effect for so long as the Seller Buyer has any liability or obligation to the Buyer Sellers under this agreement and until all of those liabilities or obligations have been fully discharged.

Continuing guarantee and indemnity. This clause 1920: (a) extends to cover this agreement as amended, varied or replaced, whether with or without the consent of the Seller Buyer Guarantor; (b) is a principal obligation and is not to be treated as ancillary or collateral to another right or obligation; (c) is independent of and not in substitution for or affected by any other security interest or guarantee or other document or agreement which the Buyer Seller may hold concerning the Seller Buyer Guaranteed Obligations; and (d) is a continuing guarantee and indemnity despite any intervening payment, settlement or other thing and extends to all of the SellerBuyer’s obligations arising from or in relation to this agreement and, despite Completion, remains in full force and effect for so long as the Seller Buyer has any liability or obligation to the Buyer Seller under this agreement and until all of those liabilities or obligations have been fully discharged.