The Guarantors indicated below unconditionally and irrevocably guarantee the continuing full and faithful performance and payment by Client of each of its duties and obligations to SEO.co under this Agreement, as it now exists or as it may be amended from time to time, and any amounts owed to SEO.co pursuant thereto, with or without notice (“Obligations”). Guarantor understands that SEO.co may proceed directly against any or all Guarantors without first exhausting its remedies against Client or any security held by SEO.co. This guarantee will not be discharged or affected by the death of a personal Guarantor, will bind all heirs, administrators, representatives and assigns and may be enforced by or for the benefit of any successor of SEO.co. Guarantor understands that the inducement to SEO.co to enter into this Agreement is consideration for the guaranty, and that this guaranty remains in full force and effect even if the Guarantor receives no additional benefit from the guaranty.
All rights, powers, and remedies of SEO.co hereunder and under this Agreement are cumulative and not alternative and shall be in addition to all rights, powers, and remedies given to SEO.co by law and by agreement. This is a guarantee of payment and not of collection. Guarantor unconditionally, absolutely, and irrevocably waives each and every defense, under which principles of guaranty, suretyship law, or any other applicable law would otherwise operate to impair or diminish the liability of Guarantor for the Obligations. Guarantor agrees to pay all expenses (including attorneys’ fees) incurred by SEO.co in connection with the enforcement of SEO.co’s rights under this Agreement and this guaranty and in connection with the collection of the Obligations. The liability of Guarantor will be terminated only in the event that Client has irrevocably paid SEO.co in cash and in full the Obligations.
If any provision of this guaranty is in conflict with any statute or rule of law or is otherwise unenforceable for any reason, then that provision will be deemed null and void to the extent of the conflict or unenforceability and will be deemed severable, but it will not invalidate any other provision of this guaranty. This guaranty will be governed by and construed in accordance with the laws of the State of Washington. GUARANTOR WAIVES TRIAL BY JURY IN ANY ACTION, PROCEEDING, CLAIM, OR COUNTERCLAIM BROUGHT BY EITHER PARTY IN CONNECTION WITH ANY MATTER ARISING OUT OF OR IN ANY WAY CONNECTED WITH THIS PERSONAL GUARANTY OR THE RELATIONSHIP OF SEO.co AND GUARANTOR HEREUNDER. It is understood by Guarantor that any defaults, failure to pay when due, or credit experience on the part of Guarantor may be reported by SEO.co to a consumer credit reporting agency. Guarantor, recognizing that his or her individual credit history may be a necessary factor in the evaluation of this personal guaranty, consents to and authorized the use of a consumer credit report on Guarantor by SEO.co, a business credit grantor, from time to time as may be needed, in the credit evaluation process.