Common use of EVENTS AND CIRCUMSTANCES NOT REDUCING Clause in Contracts

EVENTS AND CIRCUMSTANCES NOT REDUCING. OR DISCHARGING THE GUARANTOR'S OBLIGATIONS. The Guarantor hereby consents and agrees to each of the following to the fullest extent permitted by law, agrees its obligations under this Guaranty Agreement shall not be released, diminished, impaired, reduced or adversely affected by any of the following, and waives any rights (including without limitation rights to notice) which it might otherwise have as a result of or in connection with any of the following: (a) Modifications, etc. Any renewal, extension, modification, or increase in the amount of the Aggregate Commitments as in effect on the Effective Date, decrease, alteration or rearrangement of all or any part of the Obligations, any Loan Document or any instrument executed in connection therewith, or any contract or understanding between or among any one or

Appears in 2 contracts

Sources: Guaranty Agreement (Corrida Resources Inc), Guaranty Agreement (Corrida Resources Inc)

EVENTS AND CIRCUMSTANCES NOT REDUCING. OR DISCHARGING THE GUARANTOR'S OBLIGATIONS. The Guarantor hereby consents and agrees to each of the following to the fullest extent permitted by law, agrees its obligations under this Guaranty Agreement shall not be released, diminished, impaired, reduced or adversely affected by any of the following, and waives any rights (including without limitation rights to notice) which it might otherwise have as a result of or in connection with any of the following: (a) Modifications, etc. Any renewal, extension, modification, or increase in the amount of the Aggregate Commitments as in effect on the Effective Date, decrease, alteration or rearrangement of all or any part of the Obligations, any Loan Document Security Instrument or any instrument executed in connection therewith, or any contract or understanding between or among any one orany

Appears in 1 contract

Sources: Guaranty Agreement (Queen Sand Resources Inc)