Common use of Extent of guarantee and indemnity Clause in Contracts

Extent of guarantee and indemnity. Clauses 9.1 and 9.2 apply and the obligations of the Guarantor remain unaffected despite: (a) an increase in the amount of the Guaranteed Money; (b) an amendment to this agreement; (c) a rule of law to the contrary, save that if the Guarantor complying with this Guarantee causes the Guarantor to breach a rule of law, it shall not be required to do so; (d) an Insolvency Event affecting any person, or the death of any person; or (e) the occurrence of any other thing that might otherwise release, discharge or otherwise affect the obligations of the Guarantor under this agreement.

Appears in 2 contracts

Sources: Sale and Purchase of Business Agreement (Pacific Internet LTD), Sale and Purchase of Business Agreement (Pacific Internet LTD)