Common use of Acknowledgment of Guarantors Clause in Contracts

Acknowledgment of Guarantors. By execution of this Amendment, each Guarantor hereby acknowledges the terms and conditions of this Amendment and confirms that such Guarantor guarantees, as surety, all of Borrower’s Obligations to Agent and Lenders pursuant to and subject to the terms, conditions and limitations contained in its respective Guaranty.

Appears in 11 contracts

Samples: Loan and Security Agreement (1st FRANKLIN FINANCIAL CORP), Loan and Security Agreement (1st FRANKLIN FINANCIAL CORP), Loan and Security Agreement (1st FRANKLIN FINANCIAL CORP)

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Acknowledgment of Guarantors. By execution of this Amendment, each Guarantor hereby acknowledges the terms and conditions of this Amendment and confirms that such Guarantor guaranteesGuarantors jointly and severally and absolutely and unconditionally guarantee, as surety, all of Borrower’s Guarantied Obligations (as defined in the Guaranty from Guarantors to Agent Investor dated December 10, 2008) including all liabilities and Lenders pursuant obligations (primary, secondary, direct, contingent, sole, joint or several) due or to and subject to become due, or that are now or may be hereafter contracted or acquired, or owing, under the terms, conditions and limitations contained in its respective GuarantyAdditional Note.

Appears in 1 contract

Samples: Note and Warrant Purchase Agreement (Implant Sciences Corp)

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Acknowledgment of Guarantors. By execution of this Amendment, each Guarantor of the Guarantors, pursuant to the terms of the Guaranty Agreements, hereby accepts and acknowledges the terms and conditions of this Amendment Amendment. Each Guarantor hereby covenants and confirms agrees that such Guarantor guarantees, as surety, all Guaranty Agreement remains unchanged and in full force and effect and continues to cover the existing and future Obligations of Borrower’s Obligations Borrowers to Agent and Lenders pursuant to and subject to the terms, conditions and limitations contained in its respective GuarantyLenders.

Appears in 1 contract

Samples: Credit and Security Agreement (Greenbrook TMS Inc.)

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