Acknowledgment by Guarantors. Guarantors hereby acknowledge, confirm and agree that their Guarantees guaranteeing the payment and performance of all Obligations of Borrowers are in full force and effect as of the date hereof, and the "Obligations" (as such term is defined in the Guarantees) shall, without limitation, extend to and cover the TCS Factory Term Loan and the TCS Office Term Loan.
Acknowledgment by Guarantors. In connection with this Amendment, each of the undersigned, being a Guarantor under its respective Guaranty, hereby acknowledges and agrees to this Amendment and confirms and agrees that its Guaranty is and shall continue to be, in full force and effect and is hereby ratified and confirmed in all respects except that, upon the effectiveness of, and on and after the date of this Amendment, each reference in such Guaranty to the Credit Agreement, “thereunder”, “thereof” or words of like import referring to the Credit Agreement, shall mean and be a reference to the Credit Agreement as modified by this Amendment.
Acknowledgment by Guarantors. Each of the undersigned Guarantors hereby (i) consents to the terms and conditions of that certain Fifth Amendment to Third Amended and Restated Credit Agreement dated as of May 10, 2013 (the “Amendment”), (ii) acknowledges and agrees that its consent is not required for the effectiveness of the Amendment, (iii) ratifies and acknowledges its respective Obligations under each Loan Document to which it is a party and affirms that the terms of its respective Guaranty guarantees, and will continue to guarantee, the Obligations, after giving effect to the Amendment, and (iv) represents and warrants that (a) no Default or Event of Default has occurred and is continuing, (b) it is in full compliance with all covenants and agreements pertaining to it in the Loan Documents, and (c) it has reviewed a copy of the Amendment.
Acknowledgment by Guarantors. The Administrative Agent shall have received an acknowledgment, dated the Effective Date and executed by each Guarantor, acknowledging and agreeing to the provisions of the Credit Agreement Amendment, in form and substance reasonably satisfactory to the Administrative Agent.
Acknowledgment by Guarantors. Each of the undersigned Guarantors hereby (i) consents to the terms and conditions of that certain Third Amendment dated as of May 7, 2007 (the “Amendment”), to that certain Credit Agreement dated as of May 11, 2005, as heretofore amended, (ii) acknowledges and agrees that its consent is not required for the effectiveness of the Amendment, (iii) ratifies and acknowledges its respective Obligations under each Loan Document to which it is a party, (iv) grants to the Administrative Agent for its benefit and the ratable benefit of each of the Lenders, a lien and a continuing security interest in the Collateral (as such term is defined in the respective Security Agreements and the Pledge Agreements) to secure the Secured Obligations (as defined therein), and (v) represents and warrants that (a) no Default or Event of Default has occurred and is continuing, (b) it is in full compliance with all covenants and agreements pertaining to it in the Loan Documents, (c) it has reviewed a copy of the Amendment and (d) its Pledged Note delivered pursuant to Section 4(a)(ii) of the Amendment constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms.
Acknowledgment by Guarantors. By their execution hereof, each of the Guarantors hereby expressly (a) consents to the modifications and amendments set forth in this Amendment, (b) reaffirms all of its respective covenants, representations, warranties and other obligations set forth in each of the Loan Documents to which it is a party (except for any representation and warranty made as of an earlier date, which representation and warranty shall remain true and correct as of such earlier date) and (c) acknowledges, represents and agrees that its respective covenants, representations, warranties and other obligations set forth in each of the Loan Documents to which it is a party remain in full force and effect (except for any representation and warranty made as of an earlier date, which representation and warranty shall remain true and correct as of such earlier date).
Acknowledgment by Guarantors. Guarantors acknowledge the foregoing agreement and the assignment and pledge of the Shares made therein by the Borrower. Guarantors, for good and valuable consideration, the receipt and sufficiency of which are acknowledged, covenant that no additional shares of their capital stock, including without limitation shares of stock, stock options and stock warrants, shall be issued so long as the foregoing agreement and the pledge of stock contained therein remain in effect.
Acknowledgment by Guarantors. The Subsidiary Guarantors and Parent Guarantor hereby acknowledge and agree to the amendments of the Original Agreements effected hereby and hereby ratify and re-affirm the Subsidiary Guaranty and the Parent Guaranty, as the case may be.
Acknowledgment by Guarantors. Each of the undersigned Guarantors hereby (i) consents to the terms and conditions of that certain First Amendment and Waiver of Credit Agreement dated as of April 5, 2011 (the “First Amendment”), (ii) acknowledges and agrees that its consent is not required for the effectiveness of the First Amendment, (iii) ratifies and acknowledges its respective Obligations under each Loan Document to which it is a party, and (iv) represents and warrants that (a) no Default or Event of Default has occurred and is continuing, (b) it is in full compliance with all covenants and agreements pertaining to it in the Loan Documents, and (c) it has reviewed a copy of the First Amendment.
Acknowledgment by Guarantors. By executing this Agreement in the spaces provided below, the Guarantors hereby absolutely and unconditionally on a joint and several basis, confirm and acknowledge their respective Guaranties, and consent to (i) the execution and delivery by the Borrower of this Agreement and the other Loan Documents, (ii) the implementation and consummation of arrangements and transactions contemplated by this Agreement and the other Loan Documents, and (iii) the performance and observance by the Borrower of all of its agreements, covenants, duties and obligations under this Agreement and the other Loan Documents, as amended or restated from time to time.
