Common use of Continuance and reconfirmation of the Corporate Guarantees Clause in Contracts

Continuance and reconfirmation of the Corporate Guarantees. 8.1 Each of the Corporate Guarantors hereby respectively confirms that, notwithstanding the variation to the Principal Agreement contained herein, the provisions of each Corporate Guarantee executed by such Corporate Guarantor shall remain in full force and effect as guarantee of the obligations of the Borrower under the Principal Agreement as amended hereby and in respect of all sums due to the Creditors under the Principal Agreement (as so amended) and the Security Documents.

Appears in 1 contract

Samples: Second Supplemental Agreement (Costamare Inc.)

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Continuance and reconfirmation of the Corporate Guarantees. 8.1 Each of the Corporate Guarantors hereby respectively confirms that, notwithstanding the variation to the Principal Agreement contained herein, the provisions of each Corporate Guarantee executed by such Existing Corporate Guarantor shall remain in full force and effect as guarantee of the obligations of the Borrower under the Principal Agreement as amended hereby and in respect of all sums due to the Creditors under the Principal Agreement (as so amended) and the Security Documents.

Appears in 1 contract

Samples: Seventh Supplemental Agreement (Costamare Inc.)

Continuance and reconfirmation of the Corporate Guarantees. 8.1 Each of the Corporate Guarantors hereby respectively confirms that, notwithstanding the variation to the Principal Agreement contained contained, herein, the provisions of each Corporate Guarantee executed by such Corporate Guarantor shall remain in full force and effect as guarantee of the obligations of the Borrower under the Principal Agreement as amended hereby and in respect of all sums due to the Creditors under the Principal Agreement (as so amended) and the Security Documents.

Appears in 1 contract

Samples: Third Supplemental Agreement (Costamare Inc.)

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Continuance and reconfirmation of the Corporate Guarantees. 8.1 Each of the Corporate Guarantors hereby respectively confirms that, notwithstanding the variation to the Principal Agreement contained herein, the provisions of each Corporate Guarantee executed by such Existing Corporate Guarantor shall remain in full force and effect as guarantee of the obligations of the Borrower under the Principal Agreement as amended hereby and in respect of all sums due to the Creditors under the Principal Agreement (as so amended) and the Security Documents.

Appears in 1 contract

Samples: Fifth Supplemental Agreement (Costamare Inc.)

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