Confirmation of Guarantees. By its signature below, each Subsidiary party to a Guaranty of Payment of Debt agrees and consents to the terms and provisions of this letter and agrees that its Guaranty of Payment of Debt shall remain in full force and effect and is hereby ratified and confirmed in all respects after giving effect to this letter.
Confirmation of Guarantees. Each Guarantor confirms that its guarantee, indemnity and undertaking continues in full force and effect on the terms of the guarantee, indemnity and undertaking contained in clause 19 (Guarantee and indemnity) of the Facility Agreement.
Confirmation of Guarantees. The Guarantors jointly and severally hereby confirm that the Securities, as amended by this Amendment, continue to be entitled to the provisions of Article 13 of the Indenture and that the Guarantee of the Securities remains in full force and effect.
Confirmation of Guarantees. For good and valuable consideration (the receipt and sufficiency of which are hereby conclusively acknowledged), each of the undersigned hereby (a) consents to the amendments contained in the above First Amending Agreement and (b) confirms and agrees that the Material Subsidiary Guarantee or KNOC Guarantee to which it is a party (and dated February 3, 2006 in the case of Breeze Resources Partnership, Hay River Partnership, Harvest Breeze Trust No. 1 and Harvest Breeze Trust No. 2, April 30, 2010 in the case of 1496965 Alberta Ltd., June 29, 2012 in the case of Ankor E&P Holdings Corporation and April 22, 2015 in the case of Korea National Oil Corporation) is and shall remain in full force and effect in all respects notwithstanding the above First Amending Agreement and the amendments therein contained and shall continue to exist and apply to all of the Harvest Lender Obligations (as defined in such Material Subsidiary Guarantees) and Guaranteed Obligations (as defined in the KNOC Guarantee), including, without limitation, the Obligations of the Borrower under, pursuant to or relating to the Credit Agreement as amended by the above First Amending Agreement. This Confirmation is in addition to and shall not limit, derogate from or otherwise affect the provisions of (a) the Material Subsidiary Guarantees including, without limitation, Article 5 thereof and (b) the KNOC Guarantee including, without limitation, Section 2.4 thereof. Capitalized terms used herein without express definition shall have the same meanings herein as are ascribed thereto in the Credit Agreement as amended by the First Amending Agreement. This Confirmation of Guarantees may be executed in any number of counterparts and by different parties in separate counterparts and by facsimile, PDF email or other electronic means, each of which when so executed shall be deemed to be an original and all of which taken together shall constitute one and the same instrument. Per: _______________________________________ Per: _______________________________________ Name: Name: Title: Title:
Confirmation of Guarantees. Each Guarantor, by its execution of this Amendment, hereby consents to this Amendment and confirms and ratifies that all of its obligations as a Guarantor under the Amended Credit Agreement shall continue in full force and effect for the benefit of the Administrative Agent and the Lenders with respect to the Amended Credit Agreement and, for the avoidance of doubt, acknowledges and agrees and confirms that the Term Loans made by the Term Lenders to the Company on the Amendment Effective Date are part of the “Guaranteed Obligations” that are guaranteed by the Guarantors under the Amended Credit Agreement.
Confirmation of Guarantees. Each of the Guarantors, by its execution of this letter, hereby confirms and ratifies that all of its obligations as a Guarantor under Section 16 of the Loan Agreement shall continue in full force and effect for the benefit of the Banks with respect to the Loan Agreement after giving effect to this letter.
Confirmation of Guarantees. Each of Ternium Mexico and IMSA Acero, by its execution of this Agreement, hereby confirms and ratifies that all of its obligations as a Guarantor under Section 16 of the Loan Agreement shall continue in full force and effect for the benefit of the Banks with respect to the Loan Agreement after giving effect to this Agreement and the Assignment.
Confirmation of Guarantees. The Parent, by its execution of this Amendment, hereby consents to this Amendment and confirms and ratifies that all of its obligations as a Guarantor under the Amended Credit Agreement shall continue in full force and effect for the benefit of the Administrative Agent and the Lenders with respect to the Amended Credit Agreement and, for the avoidance of doubt, acknowledges and agrees and confirms that the Term Loans made by the Term Lenders to the Company on the Amendment Effective Date are part of the “Guaranteed Obligations” that are guaranteed by the Parent under the Amended Credit Agreement. 2
Confirmation of Guarantees. AND Each of the Borrowers confirms that each Security Document (including any guarantee agreement) granted by it in favour of any Bridge Lender or Computershare Trust Company of Canada as collateral agent, security SECURITY: trustee, hypothecary representative or fondé de pouvoir on behalf of any Bridge Lender, as applicable, will not be affected or reduced by this Bridge Financing Agreement, will guarantee and secure the Bridge Financing Obligations, and will continue to guarantee and secure the obligations expressed to be guaranteed and secured under the Security Documents, as said obligations may be amended, restated or otherwise modified from time to time, including, without limitation, pursuant to the present Bridge Financing Agreement.
Confirmation of Guarantees. Subject to the limitations under the Amended Interim Facility Agreement and under the Security Agreement, each Obligor acknowledges the terms of this Agreement and confirms for the benefit of the Finance Parties that:
(a) the guarantees and indemnities set out in Clause 15 (Guarantee and Indemnity) of the Amended Interim Facility Agreement shall:
(i) continue in full force and effect;
(ii) apply in respect of all of the obligations and liabilities of that Obligor under the Interim Documents; and
(iii) extend to all new obligations of such Obligor under the Interim Documents, including those arising under or in connection with the Amended Interim Facility Agreement and this Agreement and from the increase to the Interim Facility contemplated by the Amended Interim Facility Agreement and this Agreement; and
(b) the liabilities and obligations arising under the Amended Interim Facility Agreement, this Agreement and the other Interim Documents shall form part of (but do not limit) the “Secured Obligations” as defined in the Interim Security Agreement.
