Guarantors Consent. Each Guarantor shall have executed a confirming consent, substantially in the form attached hereto as Annex A or otherwise satisfactory to the Agent (a “Confirming Consent”), and delivered the same to the Agent at 0000 Xxxxxx xx xxx Xxxxxxxx, Xxx Xxxx, Xxx Xxxx 00000 (Attention: Loan Administration) or such other place directed by the Agent.
Guarantors Consent. Guarantor hereby consents to, and the liability of Guarantor under this Guaranty shall in no way be affected by, the following:
(a) any and all future changes, modifications, amendments, alterations, renewals, extensions, assignments, subleases, charters, subcharters to or of the Lease Documents or the Vessel, including without limitation, any increases, reductions, releases or cancellations which may hereafter be made to, of or under the Lease Documents or of any of the Obligations (collectively, the "Modifications");
(b) any and all alterations, impairments, suspensions, terminations and expirations (including, without limitation, all such as might result from the Modifications or from any action or inaction of the type described in paragraph (c) below) of the remedies or rights of Lessor against Lessee or any other person or entity in respect of any of the Obligations; and
(c) any and all action or inaction on the part of Lessor (including, without limitation, election of remedies, amendment, substitution, surrender, release, forfeiture, enforcement, foreclosure and sale, under power of sale or otherwise), in its sole and unfettered discretion, in respect of any security (or any part thereof) now held or hereafter acquired by Lessor securing the performance of the Obligations or with respect to any other remedy.
(d) The foregoing consent by Guarantor is knowingly given even though any rights or defenses which Guarantor may otherwise have, by subrogation, reimbursement, indemnification or otherwise, against Lessee, Lessor or others may be diminished, destroyed or otherwise adversely affected by any such alteration, action or inaction, all to the end that Guarantor shall not be exonerated, released or discharged from its absolute, unconditional and independent liability hereunder by any such alteration, Modification, impairment, suspension, termination, expiration, action or inaction.
Guarantors Consent. Each of the Guarantors shall have executed the Consent included in the signature pages of this Agreement, and the Agent shall have received such Consent executed by each Guarantor.
Guarantors Consent. Each of the Guarantors hereby consents to the amendments to the Credit Agreement set forth in this Amendment, and each confirms its obligation to the Agent and the Banks under its Guaranty and agrees that its guaranty of the Obligations thereunder shall extend to and include the Credit Agreement as amended by this Amendment.
Guarantors Consent. Each of the Guarantors hereby consents to the amendments to the Credit Agreement provided for in this Agreement and hereby confirms that its respective Guarantee remains in full force and effect with respect to the Secured Obligations under the Credit Agreement as amended by this Agreement.
Guarantors Consent. The Guarantors shall have consented hereto in the space provided for such purpose below.
Guarantors Consent. The undersigned Guarantors, in their respective capacity as Guarantors, hereby consent to this Amendment and to the consummation of the transactions contemplated hereby and each of them hereby restates, ratifies and confirms its respective joint and several guaranty of the prompt payment of the Obligations of the Borrowers pursuant to its Guaranty, in all respects, after giving effect to the amendments and waivers set forth herein and the consummation of the transactions contemplated hereby. Although each Guarantor has been informed of the matters set forth herein and has acknowledged and consented to the same, each Guarantor understands and agrees that neither the Administrative Agent nor any Lender has any obligation to inform such Guarantor of such matters in the future or to seek such Guarantor’s acknowledgment, consent or agreement to future amendments, consents or waivers, and nothing herein shall create such duty.
Guarantors Consent. The Guarantors hereby consent to this Fifth Amendment and acknowledge and agree that their Guaranties remain in full force and effect in accordance with their respective terms, including the increase in the amount of the Loan, and that the Guarantors have no defenses, setoff of counterclaims with respect thereto.
Guarantors Consent. This Guarantor’s Consent (this “Consent”) is a part of the foregoing Certificate and Agreement Regarding Matters of Record. The undersigned hereby executes and delivers this Consent to indicate and evidence the following:
Guarantors Consent. Each of the undersigned Guarantors hereby (a) consents to this Amendment, (b) acknowledges and agrees that its obligations and liabilities under and pursuant to its Guaranty are not released, diminished, impaired, or otherwise adversely affected by this Amendment, and that all such obligations and liabilities are, and shall continue to be, in full force and effect, and (c) agrees that its Guaranty is hereby ratified in all respects.
