Common use of Affirmation of Guaranties Clause in Contracts

Affirmation of Guaranties. Each Guarantor (i) consents to and approves the execution and delivery of this Agreement by the Borrower, the Agent and the Lenders, (ii) agrees that this Agreement does not and shall not limit or diminish in any manner its obligations under its Guaranty or under any of the other Related Documents to which it is a party, (iii) agrees that this Agreement shall not be construed as requiring the consent of any Guarantor in any other circumstance, (iv) reaffirms its obligations under its Guaranty and all of the other Related Documents to which it is a party, and (v) agrees that its Guaranty and such other Related Documents remain in full force and effect and are each hereby ratified and confirmed.

Appears in 7 contracts

Samples: Secured Credit Agreement (Gibraltar Packaging Group Inc), Secured Credit Agreement (Gibraltar Packaging Group Inc), Secured Credit Agreement (Gibraltar Packaging Group Inc)

AutoNDA by SimpleDocs

Affirmation of Guaranties. Each Guarantor (i) consents to and approves the execution and delivery of this Agreement by the Borrower, the Agent Borrower and the LendersAgent, (ii) agrees that this Agreement does not and nor shall not it limit or diminish in any manner its obligations under its Guaranty or under any of the other Related Documents to which it is a party, (iii) agrees that this Agreement shall not be construed as requiring the consent of any Guarantor in any other circumstance, (iv) reaffirms its obligations under its Guaranty and all of the other Related Documents to which it is a party, and (v) agrees that its Guaranty and such other Related Documents remain in full force and effect and are each hereby ratified and confirmed.

Appears in 3 contracts

Samples: Secured Credit Agreement (Platinum Entertainment Inc), Secured Credit Agreement (Platinum Entertainment Inc), Secured Credit Agreement (Platinum Entertainment Inc)

AutoNDA by SimpleDocs

Affirmation of Guaranties. Each Guarantor (i) consents to and approves the execution and delivery of this Agreement by the Borrower, the Agent Borrower and the LendersAgent, (ii) agrees that this Agreement does not and shall not limit or diminish in any manner its obligations under its Guaranty or under any of the other Related Documents to which it is a party, (iii) agrees that this Agreement shall not be construed as requiring the consent of any Guarantor in any other circumstance, (iv) reaffirms its obligations under its Guaranty and all of the other Related Documents to which it is a party, and (v) agrees that its Guaranty and such other Related Documents remain in full force and effect and are each hereby ratified and confirmed.

Appears in 1 contract

Samples: Credit Agreement (Platinum Entertainment Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!