Common use of Acknowledgment of Receipt Clause in Contracts

Acknowledgment of Receipt. Receipt of a true copy of this Guaranty is hereby acknowledged by the Guarantor. The Guarantor understands and agrees that this Guaranty shall not constitute a commitment of any nature whatsoever by the Bank to renew or hereafter extend credit to the Debtor. The Guarantor agrees that this Guaranty shall be effective with or without notice from the Bank of the Bank's acceptance hereof.

Appears in 4 contracts

Samples: Continuing Guaranty (Amphastar Pharmaceuticals, Inc.), Continuing Guaranty (Tag It Pacific Inc), Continuing Guaranty (Atg Inc)

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Acknowledgment of Receipt. Receipt of a true copy of this Guaranty is hereby acknowledged by the Guarantor. The Guarantor understands and agrees that this Guaranty shall not constitute a commitment of any nature whatsoever by the Bank to renew or hereafter extend credit to the Debtor. The Guarantor agrees that this Guaranty shall be effective with or without notice from the Bank of the Bank's ’s acceptance hereof.

Appears in 2 contracts

Samples: Continuing Guaranty (Alphatec Holdings, Inc.), Continuing Guaranty (Alphatec Holdings, Inc.)

Acknowledgment of Receipt. Receipt of a true copy of this Springing Guaranty is hereby acknowledged by the Guarantor. The Guarantor understands and agrees that this Springing Guaranty shall not constitute a commitment of any nature whatsoever by the Bank to renew or hereafter extend credit to the Debtoreither Borrower. The Guarantor agrees that this Springing Guaranty shall be effective with or without notice from the Bank of the Bank's acceptance hereof.

Appears in 1 contract

Samples: Springing Unconditional Guaranty of Payment and Performance (Condor Hospitality Trust, Inc.)

Acknowledgment of Receipt. Receipt of a true copy of this Guaranty is hereby acknowledged by the Guarantor. The Guarantor understands and agrees that this Guaranty shall not constitute a commitment of any nature whatsoever by the Bank Administrative Agent or Lenders (or any of them) to renew or hereafter extend credit to the DebtorBorrower but is a material inducement to Lenders to provide such credit. The Guarantor agrees that this Guaranty shall be effective with or without notice from the Bank Administrative Agent or Lenders of the Bank's their acceptance hereof.

Appears in 1 contract

Samples: Continuing Guaranty (Intercloud Systems, Inc.)

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Acknowledgment of Receipt. Receipt of a true copy of this Limited Guaranty is hereby acknowledged by the Guarantor. The Guarantor understands and agrees that this Limited Guaranty shall not constitute a commitment of any nature whatsoever by the Bank to renew or hereafter extend credit to the Debtoreither Borrower. The Guarantor agrees that this Limited Guaranty shall be effective with or without notice from the Bank of the Bank's acceptance hereof.

Appears in 1 contract

Samples: Limited Guaranty of Payment and Performance (Condor Hospitality Trust, Inc.)

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