Common use of Liability for Indebtedness Clause in Contracts

Liability for Indebtedness. If, notwithstanding Clause 19.2(c) (Further Guarantee Provisions), the Guarantee Obligations are determined for any reason (other than the full and final settlement thereof), the Guarantor will remain liable in respect of all indebtedness referred to in Clause 19.1(a) (Guarantee) as at the date of determination (whether demanded or not) and whether or not any other Obligor is then in default under the Senior Finance Documents.