Common use of Reaffirmation of Guarantees Clause in Contracts

Reaffirmation of Guarantees. By their execution hereof, each of the Guarantors acknowledges and agrees (a) to the terms of the release and covenant not to sxx set forth in the foregoing Section 8, and (b) that all of the terms and provisions of their respective guarantees shall remain in full force and effect and that the amendments and modifications herein contained shall in no manner adversely affect or impair any Guarantor’s obligations under such guaranty.

Appears in 1 contract

Samples: Guaranteed Loan Agreement (Horizon Offshore Inc)

AutoNDA by SimpleDocs

Reaffirmation of Guarantees. By their execution hereof, each of the Guarantors acknowledges and agrees (a) to the terms of the release and covenant not to sxx xxx set forth in the foregoing Section 8, and (b) that all of the terms and provisions of their respective guarantees shall remain in full force and effect and that the amendments and modifications herein contained shall in no manner adversely affect or impair any Guarantor’s 's obligations under such guaranty.

Appears in 1 contract

Samples: Guaranteed Loan Agreement (Horizon Offshore Inc)

Reaffirmation of Guarantees. By their execution hereof, each of the Guarantor and the Additional Guarantors acknowledges and agrees (a) to the terms of the release and covenant not to sxx xxx set forth in the foregoing Section 89, and (b) that all of the terms and provisions of their respective guarantees shall remain in full force and effect and that the amendments and modifications herein contained shall in no manner adversely affect or impair the Guarantor's or any Additional Guarantor’s 's obligations under such guaranty.

Appears in 1 contract

Samples: Loan Agreement (Horizon Offshore Inc)

Reaffirmation of Guarantees. By their execution hereof, each of the Guarantors acknowledges and agrees (a) to the terms of the release and covenant not to sxx xxx set forth in the foregoing Section 87, and (b) that all of the terms and provisions of their respective guarantees shall remain in full force and effect and that the amendments and modifications herein contained shall in no manner adversely affect or impair any Guarantor’s 's obligations under such guaranty.

Appears in 1 contract

Samples: Guaranteed Loan Agreement (Horizon Offshore Inc)

AutoNDA by SimpleDocs

Reaffirmation of Guarantees. By their execution hereof, each of the Guarantors acknowledges and agrees (a) to the terms of the release and covenant not to sxx xxx set forth in the foregoing Section 89, and (b) that all of the terms and provisions of their respective guarantees shall remain in full force and effect and that the amendments and modifications herein contained shall in no manner adversely affect or impair any Guarantor’s 's obligations under such guaranty.

Appears in 1 contract

Samples: Guaranteed Loan Agreement (Horizon Offshore Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.