Common use of Continuing Effect and Absence of Defenses Clause in Contracts

Continuing Effect and Absence of Defenses. Guarantor acknowledges that its Guaranty is still in full force and effect and that Guarantor has no defenses, other than actual payment of the guaranteed obligations, to enforcement of its Guaranty. Guarantor waives any and all defenses to enforcement of its Guaranty that might otherwise be available as a result of the Amendment.

Appears in 2 contracts

Samples: Loan and Security Agreement (Adept Technology Inc), Adept Technology Inc

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Continuing Effect and Absence of Defenses. Each Guarantor acknowledges that its Guaranty is still in full force and effect and that such Guarantor has no defenses, other than actual payment of the guaranteed obligations, to enforcement of its the Guaranty. Each Guarantor waives any and all defenses to enforcement of its the Guaranty that might otherwise be available as a result of the Amendment.amendment of the Loan Agreement. DIECA COMMUNICATIONS, INC. By: Title: LASER LXXX.XXX, INC. By:

Appears in 1 contract

Samples: Loan and Security Agreement (Covad Communications Group Inc)

Continuing Effect and Absence of Defenses. Each Guarantor acknowledges that its the Guaranty is still in full force and effect and that no Guarantor has no any defenses, other than actual payment of the guaranteed obligations, to enforcement of its the Guaranty. Each Guarantor waives any and all defenses to enforcement of its the Guaranty that might otherwise be available as a result of the AmendmentA&R Loan Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (Adept Technology Inc)

Continuing Effect and Absence of Defenses. Such Guarantor acknowledges that its the Guaranty is still in full force and effect and that such Guarantor has no defenses, other than actual payment of the guaranteed obligations, to enforcement of its the Guaranty. Such Guarantor waives any and all defenses to enforcement of its Guaranty that might otherwise be available as a result of the Amendmentamendment of the Loan Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (Virage Logic Corp)

Continuing Effect and Absence of Defenses. Each Guarantor acknowledges that its the Guaranty is still in full force and effect and that no Guarantor has no any defenses, other than actual payment of the guaranteed obligations, to enforcement of its the Guaranty. Each Guarantor waives any and all defenses to enforcement of its the Guaranty that might otherwise be available as a result of the Amendment.. [Remainder of page intentionally left blank - signature page follows]

Appears in 1 contract

Samples: Loan and Security Agreement (Adept Technology Inc)

Continuing Effect and Absence of Defenses. Guarantor acknowledges that its Guaranty is still in full force and effect and that Guarantor has no defenses, other than actual payment of the guaranteed obligations, to enforcement of its the Guaranty. Guarantor waives any and all defenses to enforcement of its the Guaranty that might otherwise be available as a result of the Amendment.amendment and restatement of the Existing Loan Agreement. Financial Engines Advisors, L.L.C. By: /s/ Xxxxxxx X. Xxxx Title: EVP + CFO

Appears in 1 contract

Samples: Loan and Security Agreement (Financial Engines, Inc.)

Continuing Effect and Absence of Defenses. Guarantor acknowledges that its Guaranty is still in full force and effect and that Guarantor has no defenses, other than actual payment of the guaranteed obligations, to enforcement of its the Guaranty. Guarantor waives any and all defenses to enforcement of its the Guaranty that might otherwise be available as a result of the Amendmentamendment of the Loan Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (Sciclone Pharmaceuticals Inc)

Continuing Effect and Absence of Defenses. Each Guarantor acknowledges that its the Guaranty is still in full force and effect and that no Guarantor has no any defenses, other than actual payment of the guaranteed obligations, to enforcement of its the Guaranty. Each Guarantor waives any and all defenses to enforcement of its the Guaranty that might otherwise be available as a result of the EXIM Amendment.

Appears in 1 contract

Samples: Loan and Security Agreement (Adept Technology Inc)

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Continuing Effect and Absence of Defenses. Guarantor acknowledges that its the Guaranty is still in full force and effect and that Guarantor has no defenses, other than actual payment of the guaranteed obligations, to enforcement of its the Guaranty. Guarantor waives any and all defenses to enforcement of its Guaranty that might otherwise be available as a result of the Amendmentamendment of the Loan Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (Force10 Networks Inc)

Continuing Effect and Absence of Defenses. Each Guarantor acknowledges that its the Guaranty is still in full force and effect and that no Guarantor has no any defenses, other than actual payment of the guaranteed obligations, to enforcement of its the Guaranty. Each Guarantor waives any and all defenses to enforcement of its the Guaranty that might otherwise be available as a result of the AmendmentAmendment or the EXIM Loan Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (Adept Technology Inc)

Continuing Effect and Absence of Defenses. Each Guarantor acknowledges that its the Guaranty Documents to which it is a party are still in full force and effect and that no Guarantor has no any defenses, other than actual payment of the guaranteed obligations, to enforcement of its Guarantythe Guaranty Documents. Each Guarantor waives any and all defenses to enforcement of its the Guaranty Documents that might otherwise be available as a result of the Amendment.

Appears in 1 contract

Samples: Loan and Security Agreement (Mindspeed Technologies, Inc)

Continuing Effect and Absence of Defenses. Each Guarantor acknowledges that its the Guaranty is still in full force and effect and that no Guarantor has no any defenses, other than actual payment of the guaranteed obligations, to enforcement of its the Guaranty. Each Guarantor waives any and all defenses to enforcement of its the Guaranty that might otherwise be available as a result of the EXIM Amendment.. [Remainder of page intentionally left blank - signature page follows]

Appears in 1 contract

Samples: Loan and Security Agreement (Adept Technology Inc)

Continuing Effect and Absence of Defenses. Guarantor acknowledges that its the Guaranty is still in full force and effect and that Guarantor has no defenses, other than actual payment of the guaranteed obligations, to enforcement of its the Guaranty. Guarantor waives any and all defenses to enforcement of its the Guaranty that might otherwise be available as a result of the Amendment.amendment and restatement of the Loan Agreement. CONTINUOUS COMPUTING CORPORATION, a Delaware corporation By: /s/ Xxxxx Xxxxxxx Name: Xxxxx Xxxxxxx

Appears in 1 contract

Samples: Loan and Security Agreement (Radisys Corp)

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