Common use of Guarantor’s Obligations Unconditional Clause in Contracts

Guarantor’s Obligations Unconditional. Subordination. The liability of the Guarantor hereunder shall be -------------- absolute and unconditional. This Agreement is a continuing guaranty and shall remain in full force and effect until the satisfaction in full of the Secured Obligations and the payment of the other expenses to be paid by Guarantor pursuant hereto; and shall continue to be effective or shall be reinstated, as the case may be, if at any time any payment of any of the Secured Obligations is rescinded or must otherwise be returned by Seller upon the insolvency, bankruptcy or reorganization of the Purchaser or otherwise, all as though such payments have not been made.

Guarantor’s Obligations Unconditional. Subordination. The --------- -------------------------------------- liability of the Guarantor hereunder shall be -------------- absolute and unconditional. This Agreement is a continuing guaranty and shall remain in full force and effect until the satisfaction in full of the Secured Obligations and the payment of the other expenses to be paid by Guarantor pursuant hereto; and shall continue to be effective or shall be reinstated, as the case may be, if at any time any payment of any of the Secured Obligations is rescinded or must otherwise be returned by Seller upon the insolvency, bankruptcy or reorganization of the Purchaser or otherwise, all as though such payments have not been made.