Common use of Reaffirmation by Guarantors Clause in Contracts

Reaffirmation by Guarantors. Each of the Guarantors acknowledges that --------------------------- each is legally and validly indebted to the Lender under the Guaranty of each without defense, counterclaim or offset. Each of the Guarantors affirms that the Guaranty of each remains in full force and effect and acknowledges that the Guaranty of each encompasses, without limitation, the Obligations, as modified herein.

Appears in 7 contracts

Samples: Ninth Amendment Agreement (Butler International Inc /Md/), Agreement (Butler International Inc /Md/), Eighth Amendment Agreement (Butler International Inc /Md/)

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Reaffirmation by Guarantors. Each of the Guarantors acknowledges that --------------------------- each is legally and validly indebted to the Lender under the Guaranty of each without defense, counterclaim or offset. Each of the Guarantors affirms that the Guaranty of each remains in full force and effect and acknowledges that the Guaranty of each encompasses, without limitation, the Obligationsamount of the Maximum Revolving Loan, as modified herein.

Appears in 4 contracts

Samples: Fourth Amendment Agreement (Butler International Inc /Md/), Sixth Amendment Agreement (Butler International Inc /Md/), Eight Amendment Agreement (Butler International Inc /Md/)

Reaffirmation by Guarantors. Each of the Guarantors acknowledges --------------------------- that --------------------------- each is legally and validly indebted to the Lender under the Guaranty of each without defense, counterclaim or offset. Each of the Guarantors affirms that the Guaranty of each remains in full force and effect and acknowledges that the Guaranty of each encompasses, without limitation, the Obligations, as modified herein.

Appears in 3 contracts

Samples: Agreement (Butler International Inc /Md/), Agreement (Butler International Inc /Md/), Seventh Amendment Agreement (Butler International Inc /Md/)

Reaffirmation by Guarantors. Each of the Guarantors acknowledges --------------------------- that --------------------------- each is legally and validly indebted to the Lender under the Guaranty of each without defense, counterclaim or offset. Each of the Guarantors affirms that the Guaranty of each remains in full force and effect and acknowledges that the Guaranty of each encompasses, without limitation, the Obligationsamount of the Maximum Revolving Loan, as modified herein.

Appears in 3 contracts

Samples: Agreement (Butler International Inc /Md/), Agreement (Butler International Inc /Md/), Butler International Inc /Md/

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Reaffirmation by Guarantors. Each of the Guarantors --------------------------- acknowledges that --------------------------- each is legally and validly indebted to the Lender under the Guaranty of each without defense, counterclaim or offset. Each of the Guarantors affirms affirm that the Guaranty of each remains in full force and effect and acknowledges that the Guaranty of each encompassesencompasses the indebtedness of each of the Loans, including, without limitation, the Obligations, as modified herein.Loan D.

Appears in 1 contract

Samples: Second Amendment Agreement (Trans Lux Corp)

Reaffirmation by Guarantors. Each of the Guarantors acknowledges that --------------------------- each is legally and validly indebted to the Lender under the Guaranty of each without defense, counterclaim or offset. Each of the Guarantors affirms that the Guaranty of each remains in full force and effect and acknowledges that the Guaranty of each encompasses, without limitation, the Obligations, as modified hereinamount of the Maximum Revolving Loan.

Appears in 1 contract

Samples: Butler International Inc /Md/

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