CONSENT AND ACKNOWLEDGEMENT OF GUARANTORS Sample Clauses

CONSENT AND ACKNOWLEDGEMENT OF GUARANTORS. (Fourth Amending Agreement to May 29, 2008 Note Purchase Agreement)
AutoNDA by SimpleDocs
CONSENT AND ACKNOWLEDGEMENT OF GUARANTORS. (First Amending Agreement to May 27, 2010 Note Agreement)
CONSENT AND ACKNOWLEDGEMENT OF GUARANTORS. (Fifth Amendment to Amended and Restated Uncommitted Master Shelf Agreement)
CONSENT AND ACKNOWLEDGEMENT OF GUARANTORS. The undersigned Guarantors hereby consent to the terms of the above First Amendment to Amended and Restated Credit Agreement and the transactions contemplated thereby and confirm that the Guarantees dated as of May 27, 2010 executed by each of the undersigned in favour of the Agent on behalf of the Lenders are in full force and effect as amended herein. Without limiting the generality of the foregoing, the Guarantors acknowledge that the “Obligations” guaranteed by the Guarantors pursuant to the said Guarantees executed by the respective Guarantors include, without limitation, all obligations of the Borrower to the ARC Lenders (as defined in such Guarantees) under the Credit Agreement (as defined in the above Agreement) as so acknowledged and amended, under all Swap Agreements and under the Working Capital Agreement. Each undersigned Guarantor agrees that its respective Guarantee is hereby amended by inserting the following as a new Section 26 thereof.
CONSENT AND ACKNOWLEDGEMENT OF GUARANTORS. The undersigned guarantors hereby consent to the terms of the above Fifth Amended and Restated Credit Agreement (the “Amended Credit Agreement”) and the transactions contemplated thereby and confirm that the Loan Party Guarantee and the Subordination Agreement to which each of the undersigned is a party each remain in full force and effect. Without limiting the generality of the foregoing, the guarantors acknowledge that the “Obligations” guaranteed pursuant to the Loan Party Guarantee include, without limitation, all obligations of the Borrower under the Amended Credit Agreement. Dated as of June 15, 2007. PENGROWTH ENERGY TRUST, by its trustee, COMPUTERSHARE TRUST COMPANY OF CANADA PENGROWTH HOLDINGS TRUST, by its trustee, PENGROWTH CORPORATION
CONSENT AND ACKNOWLEDGEMENT OF GUARANTORS. (Third Amendment to April 27, 2004 Note Agreement)
CONSENT AND ACKNOWLEDGEMENT OF GUARANTORS. The undersigned guarantors hereby consent to the terms of the above First Amending Agreement to the Credit Agreement and the transactions contemplated thereby and confirm that the guarantees and other documents granted by each of the undersigned to the Agent on behalf of the Lenders in connection with the Credit Agreement and to the Operating Lender in connection with the Operating Credit Agreement are in full force and effect. Without limiting the generality of the foregoing, the undersigned guarantors acknowledge that the “Obligations” guaranteed by the guarantors pursuant to the guarantees executed by each of the guarantors include, without limitation, all obligations of the Borrower under the Amended Credit Agreement.
AutoNDA by SimpleDocs
CONSENT AND ACKNOWLEDGEMENT OF GUARANTORS. The undersigned Guarantors have read and reviewed the foregoing Loan Agreement between APLD GPU-01, LLC and Cornerstone Bank, consent to the Loan Agreement, and agree to provide the Guaranties referenced in the Loan Agreement as a condition of the Loan Agreement. But for the Guaranties of the Guarantors, Lender would not enter into this Loan Agreement with Borrower. This Consent and Acknowledgement is signed and effective this 28th day of February, 2024.
CONSENT AND ACKNOWLEDGEMENT OF GUARANTORS. The undersigned, as the Guarantors of the Indebtedness, as defined above, pursuant to those certain Guaranty Agreements dated October 31, 2000, hereby acknowledge, consent and ratify the amendments of the Note, the Mortgages, Loan Agreement and the other Loan Documents as evidenced by the terms hereof and the Restated Revolving Note. In addition, the undersigned acknowledge that the modification of the Revolving Note, Mortgages, Loan Agreement and other Loan Documents as set forth herein and in the Restated Revolving Note shall in no way affect or impair his or its liability under the Guaranty Agreements, which now guarantee the repayment of the sums due under the Restated Revolving Note, nor shall such modifications affect or impair the validity of any other document given as security for the Restated Revolving Note.

Related to CONSENT AND ACKNOWLEDGEMENT OF GUARANTORS

  • Consent of Guarantors Each of the Guarantors shall have executed and delivered to the Agent the Consent.

  • Acknowledgment of Guarantors The Guarantors acknowledge and consent to all of the terms and conditions of this Amendment and agree that this Amendment and all documents executed in connection herewith do not operate to reduce or discharge the Guarantors’ obligations under the Credit Documents.

  • AMENDMENT OF GUARANTY No term or provision of this Guaranty shall be amended, modified, altered, waived or supplemented except in a writing signed by Guarantor and Counterparty.

  • Reaffirmation of Guaranty The Guarantors hereby ratify and affirm all of the terms, covenants, conditions and obligations of the Guaranty and acknowledge and agree that the term “Obligations” as used in the Guaranty shall apply to all of the Obligations of Seller to Buyer under the Repurchase Agreement, as amended hereby.

  • Consent and Reaffirmation Each Subsidiary Guarantor hereby consents to this Amendment and the transactions contemplated hereby, and each Loan Party hereby (a) agrees that, notwithstanding the effectiveness of this Amendment, the Guarantee and Collateral Agreement and each of the other Security Documents continue to be in full force and effect, (b) confirms its guarantee of the Obligations (with respect to each Subsidiary Guarantor) and its grant of a security interest in its assets as Collateral therefor, all as provided in the Loan Documents as originally executed and (c) acknowledges that such guarantee and/or grant continue in full force and effect in respect of, and to secure, the Obligations under the Credit Agreement (as amended hereby) and the other Loan Documents.

  • Reaffirmation of Guaranties The Credit Parties signatory hereto hereby reaffirm their Guaranties of the Obligations, taking into account the provisions of this Amendment.

  • ACKNOWLEDGEMENT AND CONSENT The Company is a party to the Company Collateral Documents, in each case as amended through the date hereof, pursuant to which the Company has created Liens in favor of the Agent on certain Collateral to secure the Obligations. The Parent Guarantor is a party to the Parent Collateral Documents, in each case as amended through the date hereof, pursuant to which the Parent Guarantor has created Liens in favor of the Agent on certain Collateral and pledged certain Collateral to the Agent to secure the Obligations of the Parent Guarantor. Certain Subsidiaries of the Company are parties to the Subsidiary Guaranty and/or one or more of the Subsidiary Collateral Documents, in each case as amended through the date hereof, pursuant to which such Subsidiaries have (i) guarantied the Obligations and/or (ii) created Liens in favor of the Agent on certain Collateral. The Company, the Parent Guarantor and such Subsidiaries are collectively referred to herein as the "Credit Support Parties", and the Company Collateral Documents, the Parent Collateral Documents, the Subsidiary Guaranty and the Subsidiary Collateral Documents are collectively referred to herein as the "Credit Support Documents". Each Credit Support Party hereby acknowledges that it has reviewed the terms and provisions of the Credit Agreement as amended by this Amendment and consents to the amendment of the Credit Agreement effected as of the date hereof pursuant to this Amendment. Each Credit Support Party acknowledges and agrees that any of the Credit Support Documents to which it is a party or otherwise bound shall continue in full force and effect. Each Credit Support Party hereby confirms that each Credit Support Document to which it is a party or otherwise bound and all Collateral encumbered thereby will continue to guaranty or secure, as the case may be, the payment and performance of all obligations guaranteed or secured thereby, as the case may be. Each Credit Support Party (other than the Company and the Parent Guarantor) acknowledges and agrees that (i) notwithstanding the conditions to effectiveness set forth in this Amendment, such Credit Support Party is not required by the terms of the Credit Agreement or any other Loan Document to consent to the amendments to the Credit Agreement effected pursuant to this Amendment and (ii) nothing in the Credit Agreement, this Amendment or any other Loan Document shall be deemed to require the consent of such Credit Support Party to any future amendments to the Credit Agreement.

  • Confirmation of Guaranty Each of the Guarantors confirms that they have read and understand the Amendment. In order to induce the Lenders, the Administrative Agent and the other Agents to enter into the Amendment, each of the Guarantors: (i) consents to the Amendment and the transactions contemplated thereby; (ii) ratifies and confirms each of the Loan Documents to which it is a party; (iii) ratifies, agrees and confirms that it has been a Guarantor and a Loan Party at all times since it became a Guarantor and a Loan Party and from and after the date hereof, each Guarantor shall continue to be a Guarantor and a Loan Party in accordance with the terms of the Loan Documents, as the same may be amended in connection with the Amendment and the transactions contemplated thereby; and (iv) hereby ratifies and confirms its obligations under each of the Loan Documents (including all exhibits and schedules thereto), as the same may be amended in connection with the Amendment and the transactions contemplated thereby, by signing below as indicated and hereby acknowledges and agrees that nothing contained in any of such Loan Documents is intended to create, nor shall it constitute an interruption, suspension of continuity, satisfaction, discharge of prior duties, novation or termination of the indebtedness, loans, liabilities, expenses, guaranty or obligations of any of the Loan Parties under the Credit Agreement or any other such Loan Document.

  • Enforcement of Guaranty In no event shall Agent have any obligation (although it is entitled, at its option) to proceed against any Borrower or any other Credit Party or any Collateral pledged to secure Guaranteed Obligations before seeking satisfaction from any or all of the Guarantors, and Agent may proceed, prior or subsequent to, or simultaneously with, the enforcement of Agent's rights hereunder, to exercise any right or remedy which it may have against any Collateral, as a result of any Lien it may have as security for all or any portion of the Guaranteed Obligations.

  • Guarantor Acknowledgement Each Guarantor party hereto hereby (i) consents to the modifications to the Credit Agreement contemplated by this Amendment and (ii) acknowledges and agrees that its guaranty pursuant to Section 10.18 of the Credit Agreement is, and shall remain, in full force and effect after giving effect to the Amendment.

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