Unconditional Liability. The liability of the Guarantor hereunder shall not be affected by any act, omission, matter or thing whatsoever that would otherwise operate in law or in equity to reduce or release the Guarantor from such liability, including without limiting the generality of the foregoing, any of the following:
Appears in 2 contracts
Sources: Deed of Guarantee and Indemnity (Indus International), Deed of Guarantee and Indemnity (TSW International Inc)
Unconditional Liability. The liability of the Guarantor hereunder is absolute and unconditional and shall not be affected in any way by reason of (a) any actdelay in enforcing or failure to enforce any such rights even if such rights are thereby lost, omission, matter or thing whatsoever that would otherwise operate (b) any delay in law or in equity to reduce or release the making demand on Guarantor from such liability, including without limiting the generality for performance of the foregoing, any of the following:Guarantor’s obligations hereunder.
Appears in 1 contract
Unconditional Liability. The liability of the each Guarantor hereunder shall not be affected by any act, omission, matter or thing whatsoever that would otherwise operate in law or in equity to reduce or release the a Guarantor from such liabilityits liability including, including without limiting the generality of the foregoing, any of the following:
(1) (EVENT OF DEFAULT): the occurrence of any Event of Default;
Appears in 1 contract
Sources: Syndicated Senior Secured Debt Facility Agreement (Uih Australia Pacific Inc)