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, HCG, MOAB and the other signatories thereto (collectively, the “Guarantors”) shall have executed the “Consent to Amendment, Reaffirmation and Release Agreement” in the form of Exhibit C attached hereto (the “Consent to Amendment Agreement”), reaffirming their respective obligations under the Principal Guaranty and/or their third party pledge or security agreements and acknowledging that the same remain in full force and effect notwithstanding this Amendment and any other events which may have occurred since and of such agreements were executed in favor of McKesson.

Appears in 5 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)

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