Common use of Confirmation of Guarantees and Security Interests Clause in Contracts

Confirmation of Guarantees and Security Interests. Each of the Guarantors, by its execution of this Amendment No. 1, hereby consents to this Amendment No. 1 and confirms and ratifies that all of its obligations as a Guarantor under the Credit Agreement (including, without limitation, Article III thereof) shall continue in full force and effect for the benefit of the Administrative Agent and the Lenders with respect to the Credit Agreement as amended hereby. Each of the Obligors, by its execution of this Amendment No. 1, hereby confirms that the security interests granted by it under each of the Security Documents to which it is a party shall continue in full force and effect in favor of the Administrative Agent for the benefit of the Lenders and the Administrative Agent with respect to the Credit Agreement as amended hereby.

Appears in 1 contract

Samples: Credit Agreement (Collegiate Funding Services Inc)

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Confirmation of Guarantees and Security Interests. Each of the Guarantors, by its execution of this Amendment No. 13, hereby consents to this Amendment No. 1 3 and confirms and ratifies that all of its obligations as a Guarantor under the Credit Agreement (including, without limitation, Article III thereof) shall continue in full force and effect for the benefit of the Administrative Agent and the Lenders with respect to the Credit Agreement as amended hereby. Each of the Obligors, by its execution of this Amendment No. 13, hereby confirms that the security interests granted by it under each of the Security Documents to which it is a party shall continue in full force and effect in favor of the Administrative Agent for the benefit of the Lenders and the Administrative Agent with respect to the Credit Agreement as amended hereby.

Appears in 1 contract

Samples: Credit Agreement (Collegiate Funding Services Inc)

Confirmation of Guarantees and Security Interests. Each of the Guarantors, by its execution of this Amendment No. 14, hereby consents to this Amendment No. 1 4 and confirms and ratifies that all of its obligations as a Guarantor under the Credit Agreement (including, without limitation, Article III thereof) shall continue in full force and effect for the benefit of the Administrative Agent and the Lenders with respect to the Credit Agreement as amended hereby. Each of the Obligors, by its execution of this Amendment No. 14, hereby confirms that the security interests granted by it under each of the Security Documents to which it is a party shall continue in full force and effect in favor of the Administrative Agent for the benefit of the Lenders and the Administrative Agent with respect to the Credit Agreement as amended hereby.

Appears in 1 contract

Samples: Credit Agreement (Collegiate Funding Services Inc)

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Confirmation of Guarantees and Security Interests. Each of the Guarantors, by its execution of this Amendment No. 12, hereby consents to this Amendment No. 1 2 and confirms and ratifies that all of its obligations as a Guarantor under the Credit Agreement (including, without limitation, Article III thereof) shall continue in full force and effect for the benefit of the Administrative Agent and the Lenders with respect to the Credit Agreement as amended hereby. Each of the Obligors, by its execution of this Amendment No. 12, hereby confirms that the security interests granted by it under each of the Security Documents to which it is a party shall continue in full force and effect in favor of the Administrative Agent for the benefit of the Lenders and the Administrative Agent with respect to the Credit Agreement as amended hereby.

Appears in 1 contract

Samples: Credit Agreement (Collegiate Funding Services Inc)

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