Common use of Guarantor’s Obligations Unconditional Clause in Contracts

Guarantor’s Obligations Unconditional. The covenants, agreements and duties of Guarantor set forth in this Agreement shall not be subject to any counterclaim, setoff, deduction, diminution, abatement, stay, recoupment, suspension, deferment, reduction or defense (other than full and strict compliance or performance by Guarantor with Guarantor's obligations hereunder) based upon any claim that Guarantor, or any other person, may have against the Bank or any other GUARANTY AGREEMENT person, and shall remain In full force and effect without regard to, and shall not be released, discharged or In any way affected by, any circumstance or condition whatsoever (whether or not GUARANTOR OR THE BANK SHALL HAVE KNOWLEDGE OR NOTICE THEREOF OR SHALL HAVE ASSENTED THERETO AND notwithstanding the fact that no rights were reserved against Guarantor in connection therewith).

Guarantor’s Obligations Unconditional. The covenants, agreements and duties of Guarantor Guarantors set forth in this Agreement shall not be subject to any counterclaim, setoff, deduction, diminution, abatement, stay, recoupment, suspension, deferment, reduction or defense (other than full and strict compliance or performance by Guarantor Guarantors with Guarantor's Guarantors' obligations hereunder) based upon any claim that GuarantorGuarantors, or any other person, may have against the Bank or any other GUARANTY AGREEMENT person, and shall remain In in full force and effect without regard to, and shall not be released, discharged or In in any way affected by, any circumstance or condition whatsoever (whether or not GUARANTOR OR THE BANK SHALL HAVE KNOWLEDGE OR NOTICE THEREOF OR SHALL HAVE ASSENTED THERETO AND Guarantors or the Bank shall have knowledge or notice thereof or shall have assented thereto and notwithstanding the fact that no rights were reserved against Guarantor Guarantors in connection therewith).