Common use of Liability of Guarantor Clause in Contracts

Liability of Guarantor. The liability of the Guarantor under this Guaranty shall be irrevocable, absolute, independent and unconditional, and shall not be affected by any circumstance which might constitute a discharge of a surety or guarantor other than the indefeasible payment and performance in full of all Guaranteed Obligations. In furtherance of the foregoing and without limiting the generality thereof, the Guarantor agrees as follows:

Appears in 2 contracts

Sources: Term Loan Agreement (Flextronics International Ltd.), Credit Agreement (California Microwave Inc)

Liability of Guarantor. The liability of the Guarantor under this Guaranty shall be agrees that its obligations hereunder are irrevocable, continuing, absolute, independent and unconditional, unconditional and shall not be affected by any circumstance which might constitute a discharge of a surety or guarantor whatsoever (other than the indefeasible payment and performance in full of all the Guaranteed Obligations) which may constitute a defense or a legal or equitable discharge (whether in whole or in part) of the Guarantor or surety, whether foreseen or unforeseen and whether similar or dissimilar to any circumstance described in this Guaranty. In furtherance of the foregoing and without limiting the generality thereof, the Guarantor agrees as follows:

Appears in 1 contract

Sources: Guaranty (New Century Financial Corp)

Liability of Guarantor. The liability of the each Guarantor under this Guaranty Section 11.10 shall be irrevocable, absolute, independent and unconditional, and shall not be affected by any circumstance which might constitute a discharge of a surety or guarantor other than the indefeasible payment and performance in full of all Guaranteed Obligations. In furtherance of the foregoing and without limiting the generality thereof, the each Guarantor agrees as follows:

Appears in 1 contract

Sources: Senior Secured Credit Agreement (BMC Stock Holdings, Inc.)

Liability of Guarantor. The liability of the Guarantor guarantor under this Guaranty guaranty shall be irrevocable, absolute, independent and unconditional, and shall not be affected by any circumstance which might constitute a discharge of a surety or guarantor other than the indefeasible payment and performance in full of all Guaranteed Obligationsguaranteed obligations. In furtherance of the foregoing and without limiting the generality thereof, the Guarantor guarantor agrees as follows:

Appears in 1 contract

Sources: Credit Agreement (Flextronics International Ltd.)

Liability of Guarantor. The liability of the Guarantor ---------------------- under this Guaranty shall be irrevocable, absolute, independent and unconditional, and shall not be affected by any circumstance which might constitute a discharge of a surety or guarantor other than the indefeasible payment and performance in full of all Guaranteed Obligations. In furtherance of the foregoing and without limiting the generality thereof, the Guarantor agrees as follows:

Appears in 1 contract

Sources: Revolving Credit Agreement (Micron Technology Inc)