Duration of Guarantee Clause Samples
The 'Duration of Guarantee' clause defines the specific period during which a guarantee provided under a contract remains valid and enforceable. Typically, this clause will state the exact start and end dates of the guarantee, or describe the events that trigger the beginning and conclusion of the guarantee period, such as delivery of goods or completion of services. By clearly outlining the timeframe, this clause ensures both parties understand when the guarantee applies and when it expires, thereby preventing disputes over coverage and clarifying the parties' ongoing obligations.
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Duration of Guarantee. The Guaranty contained in this Article IX shall remain in full force and effect until the Discharge of the Guaranteed Obligations.
Duration of Guarantee. The guarantee in this Schedule 5 shall remain in full force and effect until the earlier of:
(a) the determination of the Term;
(b) the assignment of this Underlease by the Tenant in accordance with the provisions of paragraph 13.1 of Schedule 3; or
(c) the date upon which the Tenant is released from liability under this Underlease by virtue of Section 11(2) of the Landlord and Tenant (Covenants) ▇▇▇ ▇▇▇▇.
Duration of Guarantee. Authority’s guarantee shall remain valid, subject to any limitation, modification or termination provisions in the Act, the ALG rules, the Master Loan Guarantee Agreement or this Authorization, until , , but in no event shall the guarantee extend beyond the lesser of ten (10) years from the date of closing of the Loan or the useful life of the asset(s) being financed with proceeds of the Loan.
Duration of Guarantee. This guarantee shall survive the expiration of the occupancy and shall continue in full force and effect during any overholding period.
Duration of Guarantee. The Obligations Guarantee contained in this Article IX shall remain in full force and effect until the Discharge of the Obligations.
Duration of Guarantee. The Guaranty contained in (a) Section 9.01(a) shall remain in full force and effect until the Discharge of the Tranche A-1 Guaranteed Obligations and (b) Section 9.01(b) shall remain in full force and effect until the Discharge of the Tranche A-2
Duration of Guarantee. Subject to Section 2.10 below, the guarantee contained in this Section 2 shall remain in full force and effect until the Discharge of the Guaranteed Obligations or until otherwise released with respect to any Guarantor pursuant to Section 6.15 below.
Duration of Guarantee. This Guarantee will take effect when received by Lender without the necessity of any acceptance by Lender, or any notice to Guarantor or to Borrower, and will continue in full force until the earlier of (i) payment in full and satisfaction of all Indebtedness incurred or contracted, or (ii) revocation of the agency of Pacific Acquisition Group, Inc. by Lender, as described in the Bridge Loan Agreement, the terms of which are incorporated herein by reference. If Guarantor elects to revoke this Guarantee, Guarantor may only do so in writing. Guarantor's writing of revocation must be delivered to Lender at the address of Lender listed above or such other place as Lender may designate in writing. Written revocation of this Guarantee will apply only to advances or new Indebtedness created after actual receipt by Lender of Guarantor's written revocation. For this purpose and without limitation the term "new Indebtedness" does not include Indebtedness which at the time of notice of revocation is contingent, unliquidated, undetermined or not due and which later becomes absolute, liquidated, determined or due. This Guarantee will continue to bind Guarantor for all Indebtedness incurred by Borrower or committed by Lender prior to receipt of Guarantor's written notice of revocation, including any extensions, renewals, substitutions or modifications of the Indebtedness. All renewals, extensions, substitutions, and modifications of the Indebtedness granted after Guarantor's revocation, are contemplated under this Guarantee and, specifically will not be considered to be new Indebtedness.
Duration of Guarantee. The Guaranty contained in Section 9.01 shall remain in full force and effect until the Discharge of the Guaranteed Obligations.
Duration of Guarantee. This Guarantee is a continuing one and shall continue to apply without regard to the former amount of indebtedness or obligation guaranteed, or former acts, or duties guaranteed, which AVLIC may create, renew, extend or alter in whole or in part without notice to AMAL from time to time, and it is hereby agreed that AVLIC may surrender, release, exchange or alter any duty or obligation, either in whole or in part, without affecting the obligation or liability of AMAL on this Guarantee.