Common use of Guaranty Absolute and Unconditional Clause in Contracts

Guaranty Absolute and Unconditional. Each Guarantor agrees that its Obligations under this Guaranty are joint and several with those of the other Guarantors, are irrevocable, continuing, absolute and unconditional and shall not be discharged or impaired or otherwise affected by, and each Guarantor hereby irrevocably waives any defenses to enforcement it may have (now or in the future) by reason of:

Appears in 2 contracts

Sources: Guaranty (TILT Holdings Inc.), Guaranty (TILT Holdings Inc.)

Guaranty Absolute and Unconditional. Each Guarantor agrees hereby ----------------------------------- waives any defense of a surety or guarantor or any other obligor on any obligations arising in connection with or in respect of any of the following and hereby agrees, subject to the provisions of the Lien Subordination Agreement, that its Obligations obligations under this Subordinated Guaranty are joint and several with those of the other Guarantors, are irrevocable, continuing, absolute and unconditional and shall not be discharged or impaired or otherwise affected by, and each Guarantor hereby irrevocably waives any defenses to enforcement it may have (now or in the future) by reason as a result of:

Appears in 1 contract

Sources: Subordinated Credit Agreement (National Steel Corp)