Common use of Confirmation of Subsidiary Guarantors Clause in Contracts

Confirmation of Subsidiary Guarantors. By its signature below, each Subsidiary Guarantor hereby consents to and acknowledges the terms and conditions of this Amendment and agrees that its Surety and Guaranty Agreement dated May 24, 2007 is ratified and confirmed and shall continue in full force and effect and shall continue to cover all obligations of Borrower outstanding from time to time under the Loan Agreement as amended hereby.

Appears in 5 contracts

Samples: Loan and Security Agreement (Resource America Inc), Loan and Security Agreement (Resource America Inc), Loan and Security Agreement (Resource America Inc)

AutoNDA by SimpleDocs

Confirmation of Subsidiary Guarantors. By its signature below, each Subsidiary Guarantor Guarantor, hereby consents to and acknowledges the terms and conditions of this Amendment and agrees that its Surety and Guaranty Agreement dated May 24, 2007 is ratified and confirmed and shall continue in full force and effect and shall continue to cover all obligations of Borrower outstanding from time to time under the Loan Agreement as amended hereby.

Appears in 2 contracts

Samples: Loan and Security Agreement (Resource America Inc), Loan and Security Agreement (Resource America Inc)

AutoNDA by SimpleDocs

Confirmation of Subsidiary Guarantors. By its signature below, each Subsidiary Guarantor hereby consents to and acknowledges the terms and conditions of this Amendment and agrees that its Surety and Guaranty Agreement dated May 24July 27, 2007 is ratified and confirmed and shall continue in full force and effect and shall continue to cover all obligations of Borrower outstanding from time to time under the Loan Agreement as amended hereby.

Appears in 2 contracts

Samples: Loan and Security Agreement, Loan and Security Agreement (Alesco Financial Inc)

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