Common use of No Termination Clause in Contracts

No Termination. This is a continuing irrevocable guaranty and shall remain in full force and effect and be binding upon the undersigned, and each of the undersigned's successors and assigns, until all of the Obligations have been paid in full and Laurus' obligation to extend credit pursuant to the Documents has been irrevocably terminated. If any of the present or future Obligations are guarantied by persons, partnerships or corporations in addition to the undersigned, the death, release or discharge in whole or in part or the bankruptcy, merger, consolidation, incorporation, liquidation or dissolution of one or more of them shall not discharge or affect the liabilities of any undersigned under this Guaranty.

Appears in 20 contracts

Sources: Subsidiary Guaranty (Magic Lantern Group Inc), Subsidiary Guaranty (American Water Star Inc), Subsidiary Guaranty (Digital Lifestyles Group Inc)

No Termination. This is a continuing irrevocable guaranty and shall remain in full force and effect and be binding upon the undersigned, and each of the undersigned's ’s successors and assigns, until all of the Obligations have been indefeasibly paid in full and Laurus' obligation to extend credit pursuant to the Documents has been irrevocably terminated. If any of the present or future Obligations are guarantied by persons, partnerships partnerships, corporations or corporations other entities in addition to the undersigned, the death, release or discharge in whole or in part or the bankruptcy, merger, consolidation, incorporation, liquidation or dissolution of one or more of them shall not discharge or affect the liabilities of any undersigned under this Guaranty.

Appears in 12 contracts

Sources: Subsidiary Guaranty (Accentia Biopharmaceuticals Inc), Subsidiary Guaranty (Electric City Corp), Subsidiary Guaranty (TRUEYOU.COM)

No Termination. This is a continuing irrevocable guaranty and shall remain in full force and effect and be binding upon the undersigned, and each of the undersigned's successors and assigns, until all of the Obligations have been indefeasibly paid in full and Laurus' obligation to extend credit pursuant to the Documents has been irrevocably terminated. If any of the present or future Obligations are guarantied by persons, partnerships partnerships, corporations or corporations other entities in addition to the undersigned, the death, release or discharge in whole or in part or the bankruptcy, merger, consolidation, incorporation, liquidation or dissolution of one or more of them shall not discharge or affect the liabilities of any undersigned under this Guaranty.

Appears in 7 contracts

Sources: Subsidiary Guaranty (Windswept Environmental Group Inc), Subsidiary Guaranty (Gse Systems Inc), Subsidiary Guaranty (Incentra Solutions, Inc.)

No Termination. This is a continuing irrevocable guaranty and shall remain in full force and effect and be binding upon the undersigned, and each of the undersigned's ’s successors and assigns, until all of the Obligations have been indefeasibly paid in full and Laurus' obligation to extend credit pursuant to the Documents has been irrevocably terminated. If any of the present or future Obligations are guarantied by persons, partnerships or corporations entities in addition to the undersigned, the death, release or discharge in whole or in part or the bankruptcy, merger, consolidation, incorporation, liquidation or dissolution of one or more of them shall not discharge or affect the liabilities of any undersigned under this Guaranty.

Appears in 5 contracts

Sources: Securities Purchase Agreement (Modtech Holdings Inc), Securities Purchase Agreement (Modtech Holdings Inc), Subsidiary Guaranty (Electric City Corp)

No Termination. This is a continuing irrevocable guaranty and shall remain in full force and effect and be binding upon the undersigned, and each of the undersigned's ’s successors and assigns, until all of the Obligations have been paid in full and Laurus' obligation to extend credit pursuant to the Documents has been irrevocably terminated. If any of the present or future Obligations are guarantied by persons, partnerships or corporations in addition to the undersigned, the death, release or discharge in whole or in part or the bankruptcy, merger, consolidation, incorporation, liquidation or dissolution of one or more of them shall not discharge or affect the liabilities of any undersigned under this Guaranty.

Appears in 5 contracts

Sources: Subsidiary Guaranty (Certified Services Inc), Subsidiary Guaranty (Dynamic Health Products Inc), Subsidiary Guaranty (Comc Inc)

No Termination. This is a continuing irrevocable guaranty and shall remain in full force and effect and be binding upon the undersigned, and each of the undersigned's ’s successors and assigns, until all of the Obligations have been paid in full and Laurus' obligation to extend credit pursuant to the Documents Loan Agreement has been irrevocably terminated. If any of the present or future Obligations are guarantied by persons, partnerships or corporations in addition to the undersigned, the death, release or discharge in whole or in part or the bankruptcy, merger, consolidation, incorporation, liquidation or dissolution of one or more of them shall not discharge or affect the liabilities of any the undersigned under this Guaranty.

Appears in 3 contracts

Sources: Guaranty (Nutrition 21 Inc), Guaranty (Nutrition 21 Inc), Guaranty (Nutrition 21 Inc)

No Termination. This is a continuing irrevocable guaranty and shall --------------- remain in full force and effect and be binding upon the undersigned, and each of the undersigned's successors and assigns, until all of the Obligations have been indefeasibly paid in full and Laurus' obligation to extend credit pursuant to the Documents has been irrevocably terminated. If any of the present or future Obligations are guarantied by persons, partnerships or corporations entities in addition to the undersigned, the death, release or discharge in whole or in part or the bankruptcy, merger, consolidation, incorporation, liquidation or dissolution of one or more of them shall not discharge or affect the liabilities of any undersigned under this Guaranty.

Appears in 3 contracts

Sources: Guaranty (Texhoma Energy Inc), Guaranty (New Century Energy Corp.), Guaranty (New Century Energy Corp.)

No Termination. This is a continuing irrevocable guaranty and shall remain in full force and effect and be binding upon the undersigned, and each of the undersigned's ’s successors and assigns, until all of the Guarantor Obligations have been indefeasibly paid in full and Laurus' obligation to extend credit pursuant to the Documents has been irrevocably terminatedfull. If any of the present or future Guarantor Obligations are guarantied by persons, partnerships partnerships, corporations or corporations other entities in addition to the undersigned, the death, release or discharge in whole or in part or the bankruptcy, merger, consolidation, incorporation, liquidation or dissolution of one or more of them shall not discharge or affect the liabilities of any the undersigned under this Guaranty.

Appears in 2 contracts

Sources: Guaranty (Biovest International Inc), Guaranty (Accentia Biopharmaceuticals Inc)

No Termination. This is a continuing irrevocable guaranty and shall remain in full force and effect and be binding upon the undersigned, and each of the undersigned's ’s successors and assigns, until all of the Obligations obligations under the Note have been indefeasibly paid in full and Laurus' Lender’s obligation to extend credit pursuant to the Documents has been irrevocably terminated. If any of the present or future Obligations are guarantied by persons, partnerships partnerships, corporations or corporations other entities in addition to the undersigned, the death, release or discharge in whole or in part or the bankruptcy, merger, consolidation, incorporation, liquidation or dissolution of one or more of them shall not discharge or affect the liabilities of any undersigned under this Guaranty.

Appears in 2 contracts

Sources: Subsidiary Guaranty (Digital Angel Corp), Subsidiary Guaranty (Applied Digital Solutions Inc)

No Termination. This is a continuing irrevocable guaranty and shall remain in full force and effect and be binding upon the undersigned, and each of the undersigned's ’s successors and assigns, until all of the Obligations have been paid in full and Laurus' the Purchasers’ obligation to extend credit pursuant to the Documents has been irrevocably terminated. If any of the present or future Obligations are guarantied by persons, partnerships partnerships, corporations or corporations other entities in addition to the undersigned, the death, release or discharge in whole or in part or the bankruptcy, merger, consolidation, incorporation, liquidation or dissolution of one or more of them shall not discharge or affect the liabilities of any undersigned under this Guaranty.

Appears in 2 contracts

Sources: Subsidiary Guaranty (Pervasip Corp), Subsidiary Guaranty (Elec Communications Corp)

No Termination. This is a continuing irrevocable guaranty and shall remain in full force and effect and be binding upon the undersigned, and each of the undersigned's ’s successors and assigns, until all of the Obligations have been indefeasibly paid in full and Laurus' the Purchasers’ obligation to extend credit pursuant to the Documents has been irrevocably terminated. If any of the present or future Obligations are guarantied by persons, partnerships partnerships, corporations or corporations other entities in addition to the undersigned, the death, release or discharge in whole or in part or the bankruptcy, merger, consolidation, incorporation, liquidation or dissolution of one or more of them shall not discharge or affect the liabilities of any undersigned under this Guaranty.

Appears in 1 contract

Sources: Subsidiary Guaranty (Micro Component Technology Inc)

No Termination. This is a continuing irrevocable guaranty and shall remain in full force and effect and be binding upon the undersigned, and each of the undersigned's ’s successors and assigns, until all of the Obligations have been indefeasibly paid in full and Laurus' obligation to extend credit pursuant to the Documents has been irrevocably terminated. . 06/27/2005 6 If any of the present or future Obligations are guarantied by persons, partnerships partnerships, corporations or corporations other entities in addition to the undersigned, the death, release or discharge in whole or in part or the bankruptcy, merger, consolidation, incorporation, liquidation or dissolution of one or more of them shall not discharge or affect the liabilities of any undersigned under this Guaranty.

Appears in 1 contract

Sources: Subsidiary Guaranty (360 Global Wine Co)

No Termination. This is a continuing irrevocable guaranty and shall remain in full force and effect and be binding upon the undersigned, and each of the undersigned's successors and assigns, until all of the Obligations have been paid in full and LaurusMidsummer' obligation to extend credit pursuant to the Documents has been irrevocably terminated. If any of the present or future Obligations are guarantied by persons, partnerships or corporations in addition to the undersigned, the death, release or discharge in whole or in part or the bankruptcy, merger, consolidation, incorporation, liquidation or dissolution of one or more of them shall not discharge or affect the liabilities of any undersigned under this Guaranty.

Appears in 1 contract

Sources: Subsidiary Guaranty (Island Pacific Inc)

No Termination. This is a continuing irrevocable guaranty and shall remain in full force and effect and be binding upon the undersigned, and each of the undersigned's successors and assigns, until all of the Obligations have been indefeasibly paid in full and Laurus' obligation to extend credit pursuant to the Documents has been irrevocably terminated. If any of the present or future Obligations are guarantied guaranteed by persons, partnerships partnerships, corporations or corporations other entities in addition to the undersigned, the death, release or discharge in whole or in part or the bankruptcy, merger, consolidation, incorporation, liquidation or dissolution of one or more of them shall not discharge or affect the liabilities of any undersigned under this Guaranty.

Appears in 1 contract

Sources: Subsidiary Guaranty (RG America, Inc.)

No Termination. This is a continuing irrevocable guaranty and shall remain in full force and effect and be binding upon the undersigned, and each of the undersigned's successors and assigns, until all of the Obligations have been indefeasibly paid in full and Laurus' obligation to extend credit pursuant to the Documents has been irrevocably terminated. If any of the present or future Obligations are guarantied by persons, partnerships partnerships, corporations or corporations other entities in addition to the undersigned, the death, release or discharge in whole or in part or the bankruptcy, amalgamation, merger, consolidation, incorporation, liquidation or dissolution of one or more of them shall not discharge or affect the liabilities of any undersigned under this Guaranty.

Appears in 1 contract

Sources: Subsidiary Guaranty (Tarpon Industries, Inc.)

No Termination. This is a continuing irrevocable guaranty and shall remain in full force and effect and be binding upon the undersigned, and each of the undersigned's ’s Acceris Communications Confidential Materials October 14, 2004 successors and assigns, until all of the Obligations have been paid in full and Laurus' obligation to extend credit pursuant to the Documents has been irrevocably terminated. If any of the present or future Obligations are guarantied by persons, partnerships or corporations in addition to the undersigned, the death, release or discharge in whole or in part or the bankruptcy, merger, consolidation, incorporation, liquidation or dissolution of one or more of them shall not discharge or affect the liabilities of any undersigned under this Guaranty.

Appears in 1 contract

Sources: Guaranty (Acceris Communications Inc)

No Termination. This is a continuing irrevocable guaranty and shall remain in full force and effect and be binding upon the undersigned, and each of the undersigned's ’s successors and assigns, until all of the Obligations have been paid in full and Laurus' Lender's obligation to extend credit pursuant to the Documents has been irrevocably terminated. If any of the present or future Obligations are guarantied by persons, partnerships or corporations in addition to the undersigned, the death, release or discharge in whole or in part or the bankruptcy, merger, consolidation, incorporation, liquidation or dissolution of one or more of them shall not discharge or affect the liabilities of any undersigned under this Guaranty.

Appears in 1 contract

Sources: Subsidiary Guaranty (Sequiam Corp)

No Termination. This is a continuing irrevocable guaranty and shall remain in full force and effect and be binding upon the undersigned, and each of the undersigned's successors and assigns, until all of the Obligations have been paid in full and Laurus' Lender's obligation to extend credit pursuant to the Documents has been irrevocably terminated. If any of the present or future Obligations are guarantied by persons, partnerships or corporations in addition to the undersigned, the death, release or discharge in whole or in part or the bankruptcy, merger, consolidation, incorporation, liquidation or dissolution of one or more of them shall not discharge or affect the liabilities of any undersigned under this Guaranty.

Appears in 1 contract

Sources: Subsidiary Guaranty (Trimedia Entertainment Group Inc)

No Termination. This is a continuing irrevocable guaranty and shall remain in full force and effect and be binding upon the undersigned, and each of the undersigned's successors and assigns, until all of the Guaranteed Obligations have been paid in full and Laurus' Multi-Channel's obligation to extend credit pursuant to the Documents has been irrevocably terminated. If any of the present or future Guaranteed Obligations are guarantied by persons, partnerships or corporations Persons in addition to the undersigned, the death, release or discharge in whole or in part or the bankruptcy, merger, consolidation, incorporation, liquidation or dissolution of one or more of them shall not discharge or affect the liabilities of any undersigned under this Guaranty.

Appears in 1 contract

Sources: Subsidiary Guaranty (Island Pacific Inc)

No Termination. This is a continuing irrevocable guaranty and shall remain in full force and effect and be binding upon the undersigned, and each of the undersigned's ’s successors and assigns, until all of the Obligations have been paid in full and Laurus' obligation to extend credit pursuant to the Documents has been irrevocably terminated. If any of the present or future Obligations are guarantied guaranteed by persons, partnerships or corporations in addition to the undersigned, the death, release or discharge in whole or in part or the bankruptcy, amalgamation, merger, consolidation, incorporation, liquidation or dissolution of one or more of them shall not discharge or affect the liabilities of any undersigned under this Guaranty.

Appears in 1 contract

Sources: Guaranty (Creative Vistas Inc)

No Termination. This is a continuing irrevocable guaranty and shall remain in full force and effect and be binding upon the undersigned, and each of the undersigned's ’s successors and assigns, until all of the Obligations have been paid in full and Laurus' obligation to extend credit pursuant to the 2005 Documents and 2006 Documents has been irrevocably terminated. If any of the present or future Obligations are guarantied guaranteed by persons, partnerships or corporations in addition to the undersigned, the death, release or discharge in whole or in part or the bankruptcy, amalgamation, merger, consolidation, incorporation, liquidation or dissolution of one or more of them shall not discharge or affect the liabilities of any undersigned under this Amended and Restated Guaranty.

Appears in 1 contract

Sources: Guaranty (Creative Vistas Inc)

No Termination. This is a continuing irrevocable guaranty and shall remain in full force and effect and be binding upon the undersigned, and each of the undersigned's successors and assigns, until all of the Obligations have been paid in full and LaurusNoteholders' obligation to extend credit pursuant to the Documents has been irrevocably terminated. If any of the present or future Obligations are guarantied by persons, partnerships or corporations in addition to the undersigned, the death, release or discharge in whole or in part or the bankruptcy, merger, consolidation, incorporation, liquidation or dissolution of one or more of them shall not discharge or affect the liabilities of any undersigned under this Guaranty.

Appears in 1 contract

Sources: Guaranty (Epixtar Corp)

No Termination. This is a continuing irrevocable guaranty and shall remain in full force and effect and be binding upon the undersigned, and each of the undersigned's ’s successors and assigns, until all of the Obligations have been indefeasibly paid in full and Laurus' each Purchaser’s obligation to extend credit pursuant to the Documents has been irrevocably terminated. If any of the present or future Obligations are guarantied by persons, partnerships partnerships, corporations or corporations other entities in addition to the undersigned, the death, release or discharge in whole or in part or the bankruptcy, merger, consolidation, incorporation, liquidation or dissolution of one or more of them shall not discharge or affect the liabilities of any undersigned under this Guaranty.

Appears in 1 contract

Sources: Guaranty (Silicon Mountain Holdings, Inc.)

No Termination. This is a continuing irrevocable guaranty and shall remain in full force and effect and be binding upon the undersigned, and each of the undersigned's ’s successors and assigns, until all of the Obligations have been paid in full and Laurus' the Lenders’ obligation to extend credit pursuant to the Documents has been irrevocably terminated. If any of the present or future Obligations are guarantied by persons, partnerships or corporations in addition to the undersigned, the death, release or discharge in whole or in part or the bankruptcy, merger, consolidation, incorporation, liquidation or dissolution of one or more of them shall not discharge or affect the liabilities of any undersigned under this Guaranty.

Appears in 1 contract

Sources: Subsidiary Guaranty (Corgenix Medical Corp/Co)

No Termination. This is a continuing irrevocable guaranty and shall remain in full force and effect and be binding upon the undersigned, and each of the undersigned's successors and assigns, until all of the Obligations have been indefeasibly paid in full and Laurus' obligation to extend credit pursuant to the Documents has been irrevocably terminated. If any of the present or future Obligations are guarantied by persons, partnerships or corporations entities in addition to the undersigned, the death, release or discharge in whole or in part or the bankruptcy, merger, consolidation, incorporation, liquidation or dissolution of one or more of them shall not discharge or affect the liabilities of any undersigned under this Guaranty.

Appears in 1 contract

Sources: Subsidiary Guaranty (American Water Star Inc)

No Termination. This is a continuing irrevocable guaranty and shall remain in full force and effect and be binding upon the undersigned, and each of the undersigned's ’s successors and assigns, until all of the Guaranteed Obligations have been paid in full and Laurus' obligation to extend credit pursuant to the Documents Credit Agreement has been irrevocably terminated. If any of the present or future Guaranteed Obligations are guarantied guaranteed by persons, partnerships partnerships, limited liability companies or corporations in addition to the undersigned, the death, release or discharge in whole or in part or the bankruptcy, merger, consolidation, incorporation, liquidation or dissolution of one or more of them shall not discharge or affect the liabilities of any the undersigned under this Guaranty.

Appears in 1 contract

Sources: Guaranty (BOSTON OMAHA Corp)

No Termination. This is a continuing irrevocable guaranty and shall remain in full force and effect and be binding upon the undersigned, and each of the undersigned's successors and assigns, until all of the Obligations have been paid in full and Laurus' obligation to extend credit pursuant to the Documents has been irrevocably terminated. If any of the present or future Obligations are guarantied by persons, partnerships or corporations in addition to the undersigned, the death, release or discharge in whole or in part or the bankruptcy, merger, consolidation, incorporation, liquidation or dissolution of one or more of them shall not discharge or affect the liabilities of any undersigned under this Guaranty.. 5 ---------------------------------------------------------------------------------------------------

Appears in 1 contract

Sources: Subsidiary Guaranty (Ventures National Inc)

No Termination. This is a continuing irrevocable guaranty and shall remain in full force and effect and be binding upon the undersigned, and each of the undersigned's ’s successors and assigns, until all of the Obligations have been indefeasibly paid in full and Laurus' the Purchasers obligation to extend credit pursuant to the Documents has been irrevocably terminated. If any of the present or future Obligations are guarantied by persons, partnerships or corporations entities in addition to the undersigned, the death, release or discharge in whole or in part or the bankruptcy, merger, consolidation, incorporation, liquidation or dissolution of one or more of them shall not discharge or affect the liabilities of any undersigned under this Guaranty.

Appears in 1 contract

Sources: Guaranty (Patients & Physicians, Inc.)

No Termination. This is a continuing irrevocable guaranty and shall remain in full force and effect and be binding upon the undersigned, and each of the undersigned's ’s successors and assigns, until all of the Obligations obligations under the Note have been indefeasibly paid in full and Laurus' L▇▇▇▇▇’s obligation to extend credit pursuant to the Documents has been irrevocably terminated. If any of the present or future Obligations are guarantied by persons, partnerships partnerships, corporations or corporations other entities in addition to the undersigned, the death, release or discharge in whole or in part or the bankruptcy, merger, consolidation, incorporation, liquidation or dissolution of one or more of them shall not discharge or affect the liabilities of any undersigned under this Guaranty.

Appears in 1 contract

Sources: Guaranty (Applied Digital Solutions Inc)

No Termination. This is a continuing irrevocable guaranty and shall remain in full force and effect and be binding upon the undersigned, and each of the undersigned's ’s successors and assigns, until all of the Obligations have been paid in full and Laurusthe Purchasers' obligation to extend credit pursuant to the Documents has been irrevocably terminated. If any of the present or future Obligations are guarantied by persons, partnerships or corporations in addition to the undersigned, the death, release or discharge in whole or in part or the bankruptcy, merger, consolidation, incorporation, liquidation or dissolution of one or more of them shall not discharge or affect the liabilities of any undersigned under this Guaranty.

Appears in 1 contract

Sources: Subsidiary Guaranty (Friendlyway CORP)

No Termination. This is a continuing irrevocable guaranty and shall remain in full force and effect and be binding upon the undersigned, and each of the undersigned's ’s successors and assigns, until all of the Obligations have been paid in full and Laurus' Purchaser Group’ obligation to extend credit pursuant to the Documents has been irrevocably terminated. If any of the present or future Obligations are guarantied by persons, partnerships or corporations in addition to the undersigned, the death, release or discharge in whole or in part or the bankruptcy, merger, consolidation, incorporation, liquidation or dissolution of one or more of them shall not discharge or affect the liabilities of any undersigned under this Guaranty.

Appears in 1 contract

Sources: Subsidiary Guaranty (Bio Key International Inc)

No Termination. This is a continuing irrevocable guaranty and shall remain in full force and effect and be binding upon the undersigned, and each of the undersigned's ’s successors and assigns, until all of the Obligations have been indefeasibly paid in full and Laurus' obligation to extend credit pursuant to the Documents has been irrevocably terminated. If any of the present or future Obligations are guarantied guaranteed by persons, partnerships or corporations entities in addition to the undersigned, the death, release or discharge in whole or in part or the bankruptcy, amalgamation, merger, consolidation, incorporation, liquidation or dissolution of one or more of them shall not discharge or affect the liabilities of any undersigned under this Guaranty.

Appears in 1 contract

Sources: Guaranty (House of Brussels Chocolates Inc)

No Termination. This is a continuing irrevocable guaranty and shall remain in full force and effect and be binding upon the undersignedeach Guarantor, and each of the undersignedGuarantor's successors and assigns, until all of the Obligations have been indefeasibly paid in full and Laurus' obligation to extend credit pursuant to the Documents has Note and the other Ancillary Agreements have been irrevocably terminated. If any of the present or future Obligations are guarantied by persons, partnerships or corporations in addition to the undersignedGuarantors, the death, release or discharge in whole or in part or the bankruptcy, merger, consolidation, incorporation, liquidation or dissolution of one or more of them shall not discharge or affect the liabilities of any undersigned the Guarantors under this Guaranty.

Appears in 1 contract

Sources: Promissory Note (Scient Inc)

No Termination. This is a continuing irrevocable guaranty and shall remain in full force and effect and be binding upon the undersigned, and each of the undersigned's ’s successors and assigns, until all of the Obligations have been paid in full and Laurus' obligation to extend credit pursuant to the 2005 Documents and 2006 Documents has been irrevocably terminated. If any of the present or future Obligations are guarantied guaranteed by persons, partnerships or corporations in addition to the undersigned, the death, release or discharge in whole or in part or the bankruptcy, amalgamation, merger, consolidation, incorporation, liquidation or dissolution of one or more of them shall not discharge or affect the liabilities of any undersigned under this Amended and Restated Guaranty.

Appears in 1 contract

Sources: Guaranty (Creative Vistas Inc)

No Termination. This is a continuing irrevocable guaranty and --------------- shall remain in full force and effect and be binding upon the undersigned, and each of the undersigned's successors and assigns, until all of the Obligations have been paid in full and Laurus' obligation to extend credit pursuant to the Documents has been irrevocably terminated. If any of the present or future Obligations are guarantied by persons, partnerships or corporations in addition to the undersigned, the death, release or discharge in whole or in part or the bankruptcy, merger, consolidation, incorporation, liquidation or dissolution of one or more of them shall not discharge or affect the liabilities of any undersigned under this Guaranty.

Appears in 1 contract

Sources: Subsidiary Guaranty (Sequiam Corp)

No Termination. This is a continuing irrevocable guaranty and shall remain in full force and effect and be binding upon the undersigned, and each of the undersigned's ’s successors and assigns, until all of the Obligations have been indefeasibly paid in full and Laurus' the PetroTech’s obligation to extend credit pursuant to the Documents has been irrevocably terminated. If any of the present or future Obligations are guarantied by persons, partnerships partnerships, corporations or corporations other entities in addition to the undersigned, the death, release or discharge in whole or in part or the bankruptcy, merger, consolidation, incorporation, liquidation or dissolution of one or more of them shall not discharge or affect the liabilities of any the undersigned under this Guaranty.

Appears in 1 contract

Sources: Guaranty (PetroAlgae Inc.)

No Termination. This is a continuing irrevocable guaranty and shall remain in full force and effect and be binding upon the undersigned, and each of the undersigned's successors and assigns, until all of the Obligations have been paid in full and Laurus' obligation to extend credit pursuant to the Documents has been irrevocably terminated. If any of the present or future Obligations are guarantied guaranteed by persons, partnerships or corporations in addition to the undersigned, the death, release or discharge in whole or in part or the bankruptcy, amalgamation, merger, consolidation, incorporation, liquidation or dissolution of one or more of them shall not discharge or affect the liabilities of any undersigned under this Guaranty.

Appears in 1 contract

Sources: Subsidiary Guaranty (On the Go Healthcare Inc)

No Termination. This is a continuing irrevocable guaranty and shall remain in full force and effect and be binding upon the undersigned, and each of the undersigned's ’s successors and assigns, until all of the Guarantor Obligations have been indefeasibly paid in full and Laurus' obligation to extend credit pursuant to the Documents has been irrevocably terminatedfull. If any of the present or future Guarantor Obligations are guarantied by persons, partnerships partnerships, corporations or corporations other entities in addition to the undersigned, the death, release or discharge in whole or in part or the bankruptcy, merger, consolidation, incorporation, liquidation or dissolution of one or more of them shall not discharge or affect the liabilities of any the undersigned under this Limited Guaranty.

Appears in 1 contract

Sources: Limited Guaranty (Biovest International Inc)

No Termination. This is a continuing irrevocable guaranty and shall remain in full force and effect and be binding upon the undersigned, and each of the undersigned's ’s successors and assigns, until all of the Obligations have been paid in full and Laurus' the Lender’s obligation to extend credit pursuant to the Documents has been irrevocably terminated. If any of the present or future Obligations are guarantied by persons, partnerships or corporations in addition to the undersigned, the death, release or discharge in whole or in part or the bankruptcy, merger, consolidation, incorporation, liquidation or dissolution of one or more of them shall not discharge or affect the liabilities of any undersigned under this Guaranty.

Appears in 1 contract

Sources: Subsidiary Guaranty (Host America Corp)