Common use of Separate Obligations Clause in Contracts

Separate Obligations. These obligations are independent of Borrower’s obligations and separate actions may be brought against Guarantor (whether action is brought against Borrower or whether Borrower is joined in the action).

Appears in 42 contracts

Sources: Loan and Security Agreement (Cue Health Inc.), Loan and Security Agreement (Cue Health Inc.), Loan and Security Agreement (Cue Health Inc.)

Separate Obligations. These obligations are independent of Borrower’s 's obligations and separate actions may be brought against Guarantor (whether action is brought against Borrower or whether Borrower is joined in the action).

Appears in 13 contracts

Sources: Unconditional Guaranty (GlobalOptions Group, Inc.), Unconditional Guaranty (TRUEYOU.COM), Unconditional Guaranty (TRUEYOU.COM)

Separate Obligations. These obligations are independent of Borrower’s obligations and separate actions may be brought against any Guarantor (whether action is brought against Borrower or whether Borrower is joined in the action).

Appears in 2 contracts

Sources: Unconditional Guaranty (Global Telecom & Technology, Inc.), Unconditional Guaranty (Global Telecom & Technology, Inc.)

Separate Obligations. These obligations are independent of Borrower’s obligations and separate actions may be brought against Guarantor (whether action is brought against Borrower or whether Borrower ▇▇▇▇▇▇▇▇ is joined in the action).

Appears in 1 contract

Sources: Loan, Guaranty and Security Agreement (Cineverse Corp.)

Separate Obligations. These obligations are independent of Borrower’s obligations and separate actions may be brought against Guarantor (whether action is brought against Borrower or whether Borrower B▇▇▇▇▇▇▇ is joined in the action).

Appears in 1 contract

Sources: Loan, Guaranty and Security Agreement (Cinedigm Corp.)

Separate Obligations. These obligations are independent of Borrower’s obligations and separate actions may be brought against each Guarantor (whether action is brought against Borrower or whether Borrower is joined in the action).

Appears in 1 contract

Sources: Unconditional Guaranty (Durata Therapeutics, Inc.)

Separate Obligations. These obligations are independent of Borrower’s Borrowers’ obligations and separate actions may be brought against each Guarantor (whether action is brought against Borrower Borrowers or whether Borrower is Borrowers are joined in the action).

Appears in 1 contract

Sources: Unconditional Guaranty (Global Telecom & Technology, Inc.)

Separate Obligations. These obligations are independent of Borrower’s Borrowers' obligations and separate actions may be brought against Guarantor (whether action is brought against Borrower Borrowers or whether Borrower is Borrowers are joined in the action).

Appears in 1 contract

Sources: Loan and Security Agreement (Tranzyme Inc)

Separate Obligations. These obligations are independent of Borrower’s Borrowers’ obligations and separate actions may be brought against Guarantor (whether action is brought against Borrower Borrowers or whether Borrower is Borrowers are joined in the action).

Appears in 1 contract

Sources: Unconditional Guaranty (Ultra Clean Holdings Inc)

Separate Obligations. These obligations are independent of Borrower’s obligations and separate actions may be brought against Guarantor each or any number of the Guarantors (whether action is brought against Borrower or whether Borrower is joined in the action).

Appears in 1 contract

Sources: Unconditional Guaranty (Ats Medical Inc)