Common use of Extent of guarantee and indemnity Clause in Contracts

Extent of guarantee and indemnity. (a) This clause 15 applies: (1) to the present and future obligations of the Buyer under this agreement; and (2) to this agreement, as amended, supplemented, renewed or replaced. (b) The obligations of the Guarantor under this clause 15 extend to any change in the obligations of the Buyer as a result of: (1) any amendment, supplement, renewal or replacement of this agreement; or (2) the occurrence of any other thing. (c) This clause 15 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 15.3 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 Seller, the State, the Buyer 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 15 16 applies: (1) to the present and future obligations of the Buyer Group Companies under this agreement; and (2) to this agreement, as amended, supplemented, renewed or replaced. (b) The obligations of the Buyer Guarantor under this clause 15 16 extend to any change in the obligations of the Buyer Group Companies as a result of: (1) of any amendment, supplement, renewal or replacement of this agreement; or (2) the occurrence of any other thing. (c) This clause 15 16 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 15.3 16 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 Seller, the State, Seller Group Companies and the Buyer Group Companies are a party or the occurrence of any other thing; and (2) irrespective of any rule of law or equity to the contrary.