Common use of Acknowledgments, Waivers and Consents Clause in Contracts

Acknowledgments, Waivers and Consents. (a) The Guarantor acknowledges and agrees that the obligations undertaken by it under this Agreement involve the guarantee and provision of collateral security for the obligations of Persons other than the Guarantor and that the Guarantor’s guarantee and provision of collateral security for the Obligations are absolute, irrevocable and unconditional under any and all circumstances. In full recognition and furtherance of the foregoing, the Guarantor understands and agrees, to the fullest extent permitted under applicable law and except as may otherwise be expressly and specifically provided in the Loan Documents, that the Guarantor shall remain obligated hereunder (including, without limitation, with respect to the guarantee by the Guarantor hereby and the collateral security provided by the Guarantor herein) and the enforceability and effectiveness of this Agreement and the liability of the Guarantor, and the rights, remedies, powers and privileges of the Administrative Agent and the other Secured Parties under this Agreement and the other Loan Documents shall not be affected, limited, reduced, discharged or terminated in any way:

Appears in 3 contracts

Samples: Second Lien Guarantee and Pledge Agreement (Kodiak Oil & Gas Corp), Guarantee and Pledge Agreement (Kodiak Oil & Gas Corp), Guarantee and Pledge Agreement (Kodiak Oil & Gas Corp)

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Acknowledgments, Waivers and Consents. (a) The Each Guarantor acknowledges and agrees that the obligations undertaken by it under this Agreement involve the guarantee and the provision of collateral security for the obligations of Persons other than the such Guarantor and that the such Guarantor’s guarantee and provision of collateral security for the Obligations are absolute, irrevocable and unconditional under any and all circumstances. In full recognition and furtherance of the foregoing, the each Guarantor understands and agrees, to the fullest extent permitted under applicable law and except as may otherwise be expressly and specifically provided in the Loan Documents, that the each Guarantor shall remain obligated hereunder (including, without limitation, with respect to the guarantee by the made such Guarantor hereby and the collateral security provided by the such Guarantor herein) and the enforceability and effectiveness of this Agreement and the liability of the such Guarantor, and the rights, remedies, powers and privileges of the Administrative Agent and the other Secured Parties under this Agreement and the other Loan Documents shall not be affected, limited, reduced, discharged or terminated in any way:

Appears in 2 contracts

Samples: Guarantee and Collateral Agreement (Rosetta Resources Inc.), Assumption Agreement (Rosetta Resources Inc.)

Acknowledgments, Waivers and Consents. (a) The Each Guarantor acknowledges and agrees that the obligations undertaken by it under this Agreement involve the guarantee and the provision of collateral security for the Secured Obligations, which obligations consist, in part, of the obligations of Persons other than the such Guarantor and that the such Guarantor’s guarantee and provision of collateral security for the Secured Obligations are absolute, irrevocable and unconditional under any and all circumstances. In full recognition and furtherance of the foregoing, the each Guarantor understands and agrees, to the fullest extent permitted under applicable law and except as may otherwise be expressly and specifically provided in the Loan Documents, that the each Guarantor shall remain obligated hereunder (including, without limitation, with respect to the guarantee made by the such Guarantor hereby and the collateral security provided by the such Guarantor herein) and the enforceability and effectiveness of this Agreement and the liability of the such Guarantor, and the rights, remedies, powers and privileges of the Administrative Agent and the other Secured Parties under this Agreement and the other Loan Documents shall not be affected, limited, reduced, discharged or terminated in any way:

Appears in 2 contracts

Samples: Senior Secured Revolving Credit Agreement (Halcon Resources Corp), Senior Secured Revolving Credit Agreement (Halcon Resources Corp)

Acknowledgments, Waivers and Consents. (a) The i.Each Guarantor acknowledges and agrees that the obligations undertaken by it under this Agreement involve the guarantee and provision of collateral security for the obligations Obligations of Persons other than the such Guarantor and that the such Guarantor’s guarantee and provision of collateral security for the Guaranteed Obligations are absolute, irrevocable and unconditional under any and all circumstances. In full recognition and furtherance of the foregoing, the each Guarantor understands and agrees, to the fullest extent permitted under applicable law and except as may otherwise be expressly and specifically provided in the Loan Documents, that the each Guarantor shall remain obligated hereunder (including, without limitation, with respect to each Guarantor the guarantee made by the Guarantor hereby and the collateral security provided by the Guarantor it herein) ), and the enforceability and effectiveness of this Agreement and the liability of the such Guarantor, and the rights, remedies, powers and privileges of the Administrative Agent and the other Secured Parties Beneficiaries under this Agreement and the other Loan Documents Documents, shall not be affected, limited, reduced, discharged or terminated in any way:

Appears in 1 contract

Samples: Credit Agreement (ProSight Global, Inc.)

Acknowledgments, Waivers and Consents. (a) The Each Guarantor acknowledges and agrees that the obligations undertaken by it under this Agreement involve the guarantee and provision of collateral security for the obligations Obligations of Persons other than the such Guarantor and that the such Guarantor’s guarantee and provision of collateral security for the Guaranteed Obligations are absolute, irrevocable and unconditional under any and all circumstances. In full recognition and furtherance of the foregoing, the each Guarantor understands and agrees, to the fullest extent permitted under applicable law and except as may otherwise be expressly and specifically provided in the Loan Documents, that the each Guarantor shall remain obligated hereunder (including, without limitation, with respect to each Guarantor the guarantee made by the Guarantor hereby and the collateral security provided by the Guarantor it herein) ), and the enforceability and effectiveness of this Agreement and the liability of the such Guarantor, and the rights, remedies, powers and privileges of the Administrative Agent and the other Secured Parties Beneficiaries under this Agreement and the other Loan Documents Documents, shall not be affected, limited, reduced, discharged or terminated in any way:

Appears in 1 contract

Samples: Assumption Agreement (Skyward Specialty Insurance Group, Inc.)

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Acknowledgments, Waivers and Consents. (a) The Each Guarantor acknowledges and agrees that the obligations undertaken by it under this Agreement involve the guarantee and the provision of collateral security for the obligations of Persons other than the such Guarantor and that the such Guarantor’s guarantee and provision of collateral security for the Secured Obligations are absolute, irrevocable and unconditional under any and all circumstances. In full recognition and furtherance of the foregoing, the each Guarantor understands and agrees, to the fullest extent permitted under applicable law and except as may otherwise be expressly and specifically provided in the Loan Documents, that the each Guarantor shall remain obligated hereunder (including, without limitation, with respect to the guarantee made by the such Guarantor hereby and the collateral security provided by the such Guarantor herein) and the enforceability and effectiveness of this Agreement and the liability of the such Guarantor, and the rights, remedies, powers and privileges of the Administrative Agent and the other Secured Parties under this Agreement and the other Loan Documents shall not be affected, limited, reduced, discharged or terminated in any way:

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Halcon Resources Corp)

Acknowledgments, Waivers and Consents. (a) The Each Guarantor acknowledges and agrees that the obligations undertaken by it under this Agreement involve the guarantee and provision of collateral security for the obligations of Persons other than the such Guarantor and that the such Guarantor’s guarantee and provision of collateral security for the Guaranteed Obligations are absolute, irrevocable and unconditional under any and all circumstances. In full recognition and furtherance of the foregoing, the each Guarantor understands and agrees, to the fullest extent permitted under applicable law and except as may otherwise be expressly and specifically provided in the Loan Documents, that the each Guarantor shall remain obligated hereunder (including, without limitation, with respect to each Guarantor the guarantee made by the Guarantor hereby and the collateral security provided by the Guarantor it herein) ), and the enforceability and effectiveness of this Agreement and the liability of the such Guarantor, and the rights, remedies, powers and privileges of the Administrative Agent and the other Secured Parties Lenders under this Agreement and the other Loan Documents Documents, shall not be affected, limited, reduced, discharged or terminated in any way:

Appears in 1 contract

Samples: Credit Agreement (GTY Technology Holdings Inc.)

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