Common use of Ratification of Guarantees Clause in Contracts

Ratification of Guarantees. Each of the Guarantors hereby acknowledges and consents to all of the terms and conditions of this Amendment and hereby ratifies and confirms its respective guarantee under the Guarantee dated as of December 23, 2004 (the “Guarantee”) for the benefit of the Administrative Agent and Lenders. Each Guarantor hereby represents and acknowledges that the execution and delivery of this Amendment shall in no way change or modify its obligations as a guarantor under the Guarantee and shall not constitute a waiver by either the Administrative Agent or Lenders of any of either the Administrative Agent’s or Lenders’ rights against such Guarantor.

Appears in 11 contracts

Samples: Forbearance and Amendment Agreement (Meridian Resource Corp), Forbearance and Amendment Agreement (Meridian Resource Corp), Forbearance and Amendment Agreement (Meridian Resource Corp)

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Ratification of Guarantees. Each of the Guarantors hereby acknowledges and consents to all of the terms and conditions of this Amendment and hereby ratifies and confirms its respective guarantee under the Guarantee dated as of December 23, 2004 (the “Guarantee”) for the benefit of the Administrative Agent and Lenders. Each Guarantor hereby represents and acknowledges that the execution and delivery of this Amendment shall in no way change or modify its obligations as a guarantor under the Guarantee and shall not constitute a waiver by either the Administrative Agent or 12th Amendment to Forbearance Agreement [Meridian] Lenders of any of either the Administrative Agent’s or Lenders’ rights against such Guarantor.

Appears in 1 contract

Samples: Forbearance and Amendment Agreement (Meridian Resource Corp)

Ratification of Guarantees. Each of the Guarantors hereby acknowledges and consents to all of the terms and conditions of this Amendment and hereby ratifies and confirms its respective guarantee under the Guarantee dated as of December 23, 2004 (the “Guarantee”) for the benefit of the Administrative Agent and Lenders. Each Guarantor hereby represents and acknowledges that the execution and delivery of this Amendment shall in no way change or modify its obligations as a guarantor under the Guarantee and shall not constitute a waiver by either the Administrative Agent or Lenders of any of either the Administrative Agent’s or Lenders’ rights against such Guarantor.. 4th Amendment to Forbearance Agreement [Meridian]

Appears in 1 contract

Samples: Forbearance and Amendment Agreement (Meridian Resource Corp)

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Ratification of Guarantees. Each of the Guarantors hereby acknowledges and consents to all of the terms and conditions of this Amendment Agreement and hereby ratifies and confirms its respective guarantee under the Guarantee dated as of December 23, 2004 (the “Guarantee”) for the benefit of the Administrative Agent and Lenders. Each Guarantor hereby represents and acknowledges that the execution and delivery of this Amendment Agreement shall in no way change or modify its obligations as a guarantor under the Guarantee and shall not constitute a waiver by either the Administrative Agent or Lenders of any of either the Administrative Agent’s or Lenders’ rights against such Guarantor.. Forbearance Agreement [Meridian] 10

Appears in 1 contract

Samples: Forbearance and Amendment Agreement (Meridian Resource Corp)

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