Common use of Unconditional Guaranty Clause in Contracts

Unconditional Guaranty. The Unconditional Guaranty is a primary, original and immediate obligation of each Guarantor and is an absolute, unconditional, continuing and irrevocable guaranty of payment and performance and shall remain in full force and effect until the full, final and indefeasible payment in cash of the Guarantied Obligations.

Unconditional Guaranty. The Unconditional This Guaranty is a primary, original and immediate obligation of each Guarantor and is an absolute, unconditional, unconditional and continuing and irrevocable guaranty guarantee of payment and performance and shall remain in full force and effect until not of collection. The Guarantor waives, to the fullfullest extent permitted by applicable law, final and indefeasible payment in cash of any right to require that any right to take action against the Guarantied ObligationsBorrower be exhausted or that resort be made to any security prior to action being taken against the Guarantor hereunder.