Common use of Reaffirmation by Guarantors and Third Party Pledgors Clause in Contracts

Reaffirmation by Guarantors and Third Party Pledgors. Each of Xxxxxxx X. X’Xxxxxxx, Xx., M.D., Xxxxxx X. Xxxx, M.D., HCG II, RCT and the other signatories thereto shall have executed the “Consent, Reaffirmation and Release Agreement” in the form of Exhibit C attached hereto (the “Reaffirmation Agreement”), reaffirming their respective obligations under the Principal Guaranty and/or their third party pledge agreements and acknowledging that the same remain in full force and effect with respect to the Obligations arid notwithstanding the assumption by Accentia of the APP Obligations and the other obligations owed by Accent Rx to McKesson.

Appears in 6 contracts

Samples: Assumption of Debt and Security Agreement (Accentia Biopharmaceuticals Inc), Assumption of Debt and Security Agreement (Accentia Biopharmaceuticals Inc), Assumption of Debt and Security Agreement (Accentia Biopharmaceuticals Inc)

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