Common use of Affirmation of Guaranty Clause in Contracts

Affirmation of Guaranty. By executing this Amendment, each Guarantor hereby acknowledges, consents and agrees that all of its obligations and liability under the Guaranty to which it is a party remain in full force and effect, and that the execution and delivery of this Amendment and any and all documents executed in connection herewith shall not alter, amend, reduce or modify its obligations and liability under such Guaranty or any of the other Loan Documents to which it is a party.

Appears in 2 contracts

Samples: Loan and Security Agreement (Peninsula Gaming, LLC), Loan and Security Agreement and Consent (Peninsula Gaming Corp.)

AutoNDA by SimpleDocs

Affirmation of Guaranty. By executing this AmendmentConsent, each Guarantor hereby acknowledges, consents and agrees that all of its obligations and liability under the Guaranty to which it is a party remain in full force and effect, and that the execution and delivery of this Amendment Consent and any and all documents executed in connection herewith shall not alter, amend, reduce or modify its obligations and liability under such Guaranty or any of the other Loan Documents to which it is a party.

Appears in 2 contracts

Samples: Loan and Security Agreement and Consent (Peninsula Gaming Corp.), Consent to Loan and Security Agreement (Peninsula Gaming, LLC)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.