Acknowledgment of Guarantors. With respect to the amendments to the Credit Agreement effected by this Amendment, each Guarantor signatory hereto hereby acknowledges and agrees to this Amendment and confirms and agrees that its Guaranty Agreement (as modified and supplemented in connection with this Amendment) and any other Loan Document to which it is a party 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 or Loan Document 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 amended or modified by this Amendment. Although Administrative Agent and the Consenting Lenders have informed the Guarantors of the matters set forth above, and the Guarantors have acknowledged the same, each Guarantor understands and agrees that neither Administrative Agent nor any Lender has any duty under the Credit Agreement, the Guaranty Agreements or any other Loan Document to so notify any Guarantor or to seek such an acknowledgement, and nothing contained herein is intended to or shall create such a duty as to any transaction hereafter.
Appears in 15 contracts
Samples: Credit Agreement (Crocs, Inc.), Credit Agreement (Crocs, Inc.), Credit Agreement (Crocs, Inc.)
Acknowledgment of Guarantors. With respect to the amendments to the Credit Agreement effected by this AmendmentAmendment (including without limitation the increase in the Revolving Credit Commitments), each Guarantor signatory hereto hereby acknowledges and agrees to this Amendment and confirms and agrees that its Guaranty Agreement (as modified and supplemented in connection with this Amendment) and any other Loan Document to which it is a party 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 or Loan Document 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 amended or modified by this Amendment. Although Administrative Agent and the Consenting Lenders have informed the Guarantors of the matters set forth above, and the Guarantors have acknowledged the same, each Guarantor understands and agrees that neither Administrative Agent nor any Lender has any duty under the Credit Agreement, the Guaranty Agreements or any other Loan Document to so notify any Guarantor or to seek such an acknowledgement, and nothing contained herein is intended to or shall create such a duty as to any transaction hereafter.
Appears in 2 contracts
Samples: Credit Agreement (Crocs, Inc.), Credit Agreement (Crocs, Inc.)
Acknowledgment of Guarantors. With respect to the amendments to the Credit each Sale Agreement effected by this Amendment, each Guarantor signatory hereto hereby acknowledges and agrees to this Amendment and confirms and agrees that its Guaranty Agreement (as modified and supplemented in connection with this Amendment) and any other Loan Document to which it is a party 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 or Loan Document Agreement to the Credit “Transaction Agreement, ,” “thereunder”, “thereof” or words of like import referring to the Credit such Sale Agreement, shall mean and be a reference to the Credit Sale Agreement as amended or modified by this Amendment. Although Administrative Agent and the Consenting Lenders have FGI has informed the Guarantors of the matters set forth above, and the Guarantors have acknowledged the same, each Guarantor understands and agrees that neither Administrative Agent nor any Lender FGI has any no duty under the Credit AgreementSale Agreements, the Guaranty Agreements Agreement or any other Loan Document otherwise to so notify any Guarantor or to seek such an acknowledgement, and nothing contained herein is intended to or shall create such a duty as to any transaction hereafter.
Appears in 2 contracts
Samples: Sale of Accounts and Security Agreements, Sale of Accounts and Security Agreements (Quest Solution, Inc.)
Acknowledgment of Guarantors. With respect The undersigned (collectively, the "Guarantors") hereby acknowledge and agree to the amendments to the Revolving Credit Agreement effected by this Amendment, each Guarantor signatory hereto hereby acknowledges and agrees to this Amendment and confirms and agrees that its Guaranty Security Agreement (as modified the "Credit Agreement") contained in the attached First Amendment to Revolving Credit and supplemented in connection with this Security Agreement (the "Amendment) "), acknowledge and any other Loan Document reaffirm their respective obligations owing to which it is a party is the Agents and the Lenders under their respective Guaranties, and agree that their respective Guaranties are and shall continue to be, remain in full force and effect and is hereby ratified and confirmed in all respects except that, upon with respect to the effectiveness of, and on and after the date of this Amendment, each reference in such Guaranty or Loan Document to Obligations under 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 amended or modified by this the Amendment. Although Administrative Agent and the Consenting Lenders have informed the Guarantors have been informed of the matters set forth above, herein and the Guarantors have acknowledged and agreed to the same, each Guarantor understands and agrees the Guarantors understand that neither Administrative any Agent nor any Lender has any duty under obligation to inform the Guarantors of such matters in the future nor any obligation to seek the Guarantors' acknowledgement or agreement to future amendments to the Credit Agreement, the Guaranty Agreements or any other Loan Document to so notify any Guarantor or to seek such an acknowledgement, and nothing contained herein is intended to or shall create such a duty duty. All capitalized terms used in this Acknowledgment of Guarantors without definition shall have the respective meanings set forth for such terms in the Credit Agreement, as to any transaction hereafteramended by the Amendment.
Appears in 2 contracts
Samples: Revolving Credit and Security Agreement (Lianluo Smart LTD), Revolving Credit and Security Agreement (Lianluo Smart LTD)
Acknowledgment of Guarantors. With respect The undersigned (collectively, the “Guarantors”) hereby acknowledge and agree to the amendments to the Revolving Credit Agreement effected by this Amendment, each Guarantor signatory hereto hereby acknowledges and agrees to this Amendment and confirms and agrees that its Guaranty Security Agreement (as modified the “Credit Agreement) contained in the attached Second Amendment to Revolving Credit and supplemented in connection with this Security Agreement and Consent (the “Amendment) ”), acknowledge and any other Loan Document reaffirm their respective obligations owing to which it is a party is the Agents and the Lenders under their respective Guaranties, and agree that their respective Guaranties are and shall continue to be, remain in full force and effect and is hereby ratified and confirmed in all respects except that, upon with respect to the effectiveness of, and on and after the date of this Amendment, each reference in such Guaranty or Loan Document to Obligations under 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 amended or modified by this the Amendment. Although Administrative Agent and the Consenting Lenders have informed the Guarantors have been informed of the matters set forth above, herein and the Guarantors have acknowledged and agreed to the same, each Guarantor understands and agrees the Guarantors understand that neither Administrative any Agent nor any Lender has any duty under obligation to inform the Guarantors of such matters in the future nor any obligation to seek the Guarantors' acknowledgement or agreement to future amendments to the Credit Agreement, the Guaranty Agreements or any other Loan Document to so notify any Guarantor or to seek such an acknowledgement, and nothing contained herein is intended to or shall create such a duty duty. All capitalized terms used in this Acknowledgment of Guarantors without definition shall have the respective meanings set forth for such terms in the Credit Agreement, as to any transaction hereafteramended by the Amendment.
Appears in 2 contracts
Samples: Revolving Credit and Security Agreement (Lianluo Smart LTD), Revolving Credit and Security Agreement (Lianluo Smart LTD)
Acknowledgment of Guarantors. With respect to the amendments to the Credit Agreement effected by this Amendment, each Guarantor signatory hereto hereby acknowledges and agrees to this Amendment and confirms and agrees that its Guaranty Agreement (as modified and supplemented in connection with this Amendment) and any other Loan Document to which it is a party 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 or Loan Document 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 amended or modified by this Amendment. Although Administrative Agent and the Consenting Lenders have informed the Guarantors of the matters set forth above, and the Guarantors have acknowledged the same, each Guarantor understands and agrees that neither Administrative Agent nor any Lender has any duty under the Credit Agreement, the Guaranty Agreements or any other Loan Document to so notify any Guarantor or to seek such an acknowledgement, and nothing contained herein is intended to or shall create such a duty as to any transaction hereafter.
Appears in 2 contracts
Samples: Credit Agreement (Crocs, Inc.), Credit Agreement (Crocs, Inc.)