Liability of Guarantors Sample Clauses

Liability of Guarantors. The liability of the Guarantors 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, each Guarantor agrees as follows: (a) such Guarantor’s liability hereunder shall be the immediate, direct, and primary obligation of such Guarantor and shall not be contingent upon any Guaranteed Party’s exercise or enforcement of any remedy it may have against any Borrower or any other Person, or against any Collateral; (b) this Guaranty is a guaranty of payment when due and not merely of collectibility; (c) the Guaranteed Parties may enforce this Guaranty upon the occurrence and during the continuance of an Event of Default notwithstanding the existence of any dispute between any of the Guaranteed Parties and any Borrower with respect to the existence of such Event of Default; (d) such Guarantor’s payment of a portion, but not all, of the Guaranteed Obligations shall in no way limit, affect, modify or abridge such Guarantor’s liability for any portion of the Guaranteed Obligations remaining unsatisfied; and (e) such Guarantor’s liability with respect to the Guaranteed Obligations shall remain in full force and effect without regard to, and shall not be impaired or affected by, nor shall such Guarantor be exonerated or discharged by, any of the following events: (i) any Insolvency Proceeding with respect to any Borrower, such Guarantor, any other Loan Party or any other Person; (ii) any limitation, discharge (other than discharges in the Insolvency Proceeding of such Guarantor), or cessation of the liability of any Borrower, such Guarantor, any other Loan Party or any other Person for any Guaranteed Obligations due to any statute, regulation or rule of law (other than cessation of liability to any Guarantor by virtue of statutes of limitation applicable to actions against such Guarantor), or any invalidity or unenforceability in whole or in part of any of the Guaranteed Obligations or the Loan Documents; (iii) any merger, acquisition, consolidation or change in structure of any Borrower, such Guarantor or any other Loan Party or Person, or any sale, lease, transfer or other disposition of any or all of the assets or shares of any Borrower, such Guarantor, any other Loan Par...

Liability of Guarantors. The payment and Performance of the Obligations shall be jointly, severally, primarily and unconditionally guaranteed by the Required Guarantors.

Liability of Guarantors. The liability of the Guarantors shall not be affected by reason of: (a) The City's delay, waiver, forbearance or neglect in enforcing any covenant against Concessionaire or Guarantors; (b) The City's failure to notify Guarantors of any default by Concessionaire; (c) Any amendment, variation, extension or renewal of the Agreement agreed to by the City and Concessionaire whether with or without the notice to or knowledge of Guarantors; (d) Any assignment or termination of the Agreement or any subleasing or abandonment by Concessionaire of all or part of the Concession Space or its interest in the Agreement; (e) Any other security which the City may now or hereafter possess or obtain with respect to the Agreement, or the surrender or release by the City of any portion thereof; or, (f) Any termination of the Agreement, to the extent that Concessionaire thereafter continues to be liable to the City.

Liability of Guarantors. The liability of each 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 Obligations. In furtherance of the foregoing and without limiting the generality thereof, each Guarantor agrees as follows: (i) such Guarantor’s liability hereunder shall be the immediate, direct, and primary obligation of such Guarantor and shall not be contingent upon Lender’s exercise or enforcement of any remedy it

Liability of Guarantors. The liability of each 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, each Guarantor agrees as follows:

Liability of Guarantors. Broker can pursue enforcement of the Debt herein independently and apart from any actions Broker may take against Customer regarding the Debt. This Personal Guaranty shall remain in force until the Debt is paid in full. In the event of any discharge of some or all of the Debt in a bankruptcy proceeding, Guarantors shall remain liable for the entire Debt until it is paid in full.

Liability of Guarantors. The liability of the Guarantor under this Agreement shall be limited as set forth in his Guaranty without duplication.

Liability of Guarantors. The payment and performance of the obligations under the Loan Documents shall be jointly, severally, primarily and unconditionally guaranteed by the Guarantors, if any, as set forth in the Guaranty, if applicable.