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/), Fourth Amendment Agreement (Butler International Inc /Md/), Fifth 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/), Fifth Amendment Agreement (Butler International Inc /Md/), Sixth 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: Second Amendment Agreement (Butler International Inc /Md/), First Amendment 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: Eleventh Amendment Agreement (Butler International Inc /Md/), Ninth Amendment Agreement (Butler International Inc /Md/), Tenth 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 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: Third Amendment Agreement (Butler International Inc /Md/)

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