No Notice Required. Guarantor will not be released or exonerated from Guarantor's obligations under this Guaranty if Guarantor is not notified by Lender of these events: (i) Borrower's failure to pay timely any amount owed under any of the Loan Documents or to pay or perform any of the other Guarantied Obligations; (ii) Borrower's failure to perform any other obligation under any of the Loan Documents; (iii) any adverse change in Borrower's financial condition of business; (iv) Lender's acceptance of this Guaranty; (v) all other notices to which Guarantor might be entitled.
Appears in 2 contracts
Sources: Continuing Limited Guaranty (United Golf Products Inc), Continuing Limited Guaranty (United Golf Products Inc)
No Notice Required. Guarantor will not be released or exonerated from Guarantor's ’s obligations under this Guaranty if Guarantor is not notified by Lender Agent or the Lenders of these events: (i) Borrower's Borrowers’ failure to pay timely any amount owed under any of the Loan Documents or to pay or perform any of the other Guarantied Guaranteed Obligations; (ii) Borrower's Borrowers’ failure to perform any other obligation under any of the Loan Documents; (iii) any adverse change in Borrower's Borrowers’ financial condition of business; (iv) Lender's Agent’s acceptance of this Guaranty; or (v) all any other notices to which Guarantor might be entitled.
Appears in 1 contract