Common use of Death of Guarantor Clause in Contracts

Death of Guarantor. In the event of the death of Guarantor, the obligations of the deceased Guarantor under this Guaranty shall continue as an obligation against Guarantor's estate as to all of the Guaranteed Indebtedness. The terms and conditions of this Guaranty, including without limitation the consents and waivers set forth in PARAGRAPH 6 hereof, shall remain in effect with respect to the Guaranteed Indebtedness in the same manner as if Guarantor had not died.

Death of Guarantor. In the event of Upon the death of Guarantorany of the Guarantors, the obligations obligation of the deceased Guarantor under shall continue against his estate as to all Indebtedness which shall have been incurred by Debtor prior to the actual receipt by an officer of Creditor of written notice of such death; and this Guaranty shall continue in full force as an obligation against Guarantor's estate to the surviving Guarantors as to all of the Guaranteed Indebtedness. The terms Indebtedness incurred before and conditions of this Guaranty, including without limitation the consents and waivers set forth in PARAGRAPH 6 hereof, shall remain in effect with respect to the Guaranteed Indebtedness in the same manner as if Guarantor had not diedafter such death.