Common use of Extent of guarantee and indemnity Clause in Contracts

Extent of guarantee and indemnity. (a) This clause 11 applies: (1) to the present and future obligations of the Seller under this agreement; and (2) to this agreement, as amended, supplemented, renewed or replaced. (b) The obligations of the Guarantor under this clause 11 extend to any change in the obligations of the Seller as a result of any amendment, supplement, renewal or replacement of this agreement. (c) This clause 11 is not affected, nor are the obligations of the Guarantor under this agreement released or discharged or otherwise affected, by anything which, but for this provision, might have that effect. (d) This clause 11 applies: (1) regardless of whether the Guarantor is aware of, or has consented to, or is given notice of, any amendment, supplement, renewal or replacement of any agreement to which the Buyer and the Seller are a party or the occurrence of any other thing; and (2) irrespective of any rule of law or equity to the contrary.

Extent of guarantee and indemnity. (a) This clause 11 12 applies: (1) to the present and future obligations of the Seller Buyer under this agreement; and (2) to this agreement, as amended, supplemented, renewed or replaced. (b) The obligations of the Buyer Guarantor under this clause 11 12 extend to any change in the obligations of the Seller Buyer as a result of any amendment, supplement, renewal or replacement of this agreement. (c) This clause 11 12 is not affected, nor are the obligations of the Buyer Guarantor under this agreement released or discharged or otherwise affected, by anything which, but for this provision, might have that effect. (d) This clause 11 12 applies: (1) regardless of whether the Buyer Guarantor is aware of, or has consented to, or is given notice of, any amendment, supplement, renewal or replacement of any agreement to which the Buyer Seller and the Seller Buyer are a party or the occurrence of any other thing; and (2) irrespective of any rule of law or equity to the contrary.