Common use of No Discharge or Diminishment of Guarantee Clause in Contracts

No Discharge or Diminishment of Guarantee. The obligations of ----------------------------------------- each Guarantor hereunder shall not be subject to any reduction, limitation, impairment or termination for any reason (other than the indefeasible payment in full in cash of the Obligations), including any claim of waiver, release, surrender, alteration or compromise of any of the Obligations, and shall not be subject to any defense or setoff, counterclaim, recoupment or termination whatsoever by reason of the invalidity, illegality or unenforceability of the Obligations or

Appears in 1 contract

Sources: Guarantee Agreement (Western Auto Supply Co/)

No Discharge or Diminishment of Guarantee. The obligations of ----------------------------------------- each Guarantor hereunder shall not be subject to any reduction, limitation, impairment or termination for any reason (other than the indefeasible payment in full in cash of the Obligations)termination, including any claim of waiver, release, surrender, alteration or compromise of any of the Obligations, and shall not be subject to any defense or setoff, counterclaim, recoupment or termination whatsoever by whatsoever, or otherwise be affected, for any reason (other than the performance in full of all Obligations, including the invalidity279 indefeasible payment in full in cash of all Monetary Obligations, illegality or unenforceability and the termination of all the Obligations orObligations), including:

Appears in 1 contract

Sources: Asset Purchase and Sale Agreement (Orion Power Holdings Inc)

No Discharge or Diminishment of Guarantee. The obligations of ----------------------------------------- each Guarantor hereunder shall not be subject to any reduction, limitation, impairment or termination for any reason (other than the indefeasible payment in full in cash of the Obligations), including any claim of waiver, release, surrender, alteration or compromise of any of the Obligations, and shall not be subject to any defense or setoff, counterclaim, recoupment or termination whatsoever by reason of the invalidity, illegality or unenforceability of the Obligations or

Appears in 1 contract

Sources: Subsidiary Guarantee Agreement (American Healthways Inc)

No Discharge or Diminishment of Guarantee. The obligations of ----------------------------------------- each Guarantor hereunder shall not be subject to any reduction, limitation, impairment or termination for any reason (other than the indefeasible payment in full in cash of the Obligations)termination, including any claim of waiver, release, surrender, alteration or compromise of any of the Obligations, and shall not be subject to any defense or setoff, counterclaim, recoupment or termination whatsoever by whatsoever, or otherwise be affected, for any reason (other than the performance in full of all Obligations, including the invalidityindefeasible payment in full in cash of all Monetary Obligations, illegality or unenforceability and the termination of all the Obligations orObligations), including:

Appears in 1 contract

Sources: Asset Purchase and Sale Agreement (Southern Energy Inc)

No Discharge or Diminishment of Guarantee. The obligations of ----------------------------------------- each Guarantor hereunder shall not be subject to any reduction, limitation, impairment or termination for any reason (other than the indefeasible payment in full in cash of the Obligations), including any claim of waiver, release, surrender, alteration or compromise of any of the Obligations, and shall not be subject to any defense or setoff, counterclaim, recoupment or termination whatsoever by reason of the invalidity, illegality or unenforceability of the Obligations orindefeasible

Appears in 1 contract

Sources: Guarantee Agreement (Leap Wireless International Inc)

No Discharge or Diminishment of Guarantee. The obligations of ----------------------------------------- each Guarantor hereunder shall not be subject to any reduction, limitation, impairment or termination for any reason (other than the indefeasible payment Payment in full in cash of the ObligationsFull), including any claim of waiver, release, surrender, alteration or compromise of any of the Guaranteed Obligations, and shall not be subject to any defense or setoffset-off, counterclaim, recoupment or termination whatsoever by reason of the invalidity, illegality or unenforceability of the Guaranteed Obligations oror otherwise.

Appears in 1 contract

Sources: Term Loan Credit Agreement (Pier 1 Imports Inc/De)