Common use of Reaffirmation of Guaranties Clause in Contracts

Reaffirmation of Guaranties. (a) Each Loan Party hereby: (i) ratifies and reaffirms its Guaranty dated as of December 29, 2005 (or dated as of June 8, 2006 as it respects X.X. Xxxxx; dated as of February 28, 2007 as it respects Effox; dated as of February 29, 2008 as it respects GMD, Xxxxxx-Xxxxxxxxxx, FKI, LLC and CECO Mexico LLC; or dated as of March 31, 2009 as it respects AVC, Inc.) made by such Loan Party to Lender and (ii) acknowledges and agrees that no Loan Party is released from its obligations under its respective Guaranty by reason of this Agreement or the other Loan Documents being executed in connection herewith and that the obligations of each Loan Party under its respective Guaranty extend, among other Obligations of Borrowers to Lender, to the Obligations of Borrowers under this Agreement and the other Loan Documents. Without limiting the generality of the foregoing, each Loan Party acknowledges and agrees that all references in any Guaranty to the Existing Credit Agreement or the other Loan Documents shall be deemed, as applicable, to be references to this Agreement or such other Loan Document, as amended by, or amended and restated in connection with, this Agreement.

Appears in 2 contracts

Samples: Credit Agreement (Ceco Environmental Corp), Credit Agreement (Ceco Environmental Corp)

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Reaffirmation of Guaranties. (a) Each Loan Party hereby: (i) ratifies and reaffirms its Guaranty dated as of December 29, 2005 (or dated as of June 8, 2006 as it respects X.X. Xxxxx; dated as of February 28, 2007 as it respects Effox; dated as of February 29, 2008 as it respects GMD, Xxxxxx-Xxxxxxxxxx, FKI, LLC and CECO Mexico LLC; or dated as of March 31, 2009 as it respects AVC, Inc.) made by such Loan Party to Lender and (ii) acknowledges and agrees that no Loan Party is released from its obligations under its respective Guaranty by reason of this Agreement Amendment or the other Loan Amendment Documents being executed in connection herewith and that the obligations of each Loan Party under its respective Guaranty extend, among other Obligations of Borrowers to Lender, to the Obligations of Borrowers under this Agreement Amendment and the other Loan Amendment Documents. Without limiting the generality of the foregoing, each Loan Party acknowledges and agrees that all references in any Guaranty to the Existing Credit Agreement or the other Loan Documents shall be deemed, as applicable, deemed to be references to this the Credit Agreement or such other Loan Document, as amended by, or amended and restated in connection with, this AgreementAmendment.

Appears in 2 contracts

Samples: Credit Agreement (Ceco Environmental Corp), Credit Agreement (Ceco Environmental Corp)

Reaffirmation of Guaranties. (a) Each Loan Party hereby: (i) ratifies and reaffirms its Guaranty dated as of December 29, 2005 (or dated as of June 8, 2006 as it respects X.X. Xxxxx; dated as of Xxxxx or February 28, 2007 as it respects Effox; dated as of Effox or February 29, 2008 as it respects GMD, Xxxxxx-Xxxxxx Xxxxxxxxxx, FKI, LLC and CECO Mexico LLC; or dated as of March 31, 2009 as it respects AVC, Inc.) made by such Loan Party to Lender and (ii) acknowledges and agrees that no Loan Party is released from its obligations under its respective Guaranty by reason of this Agreement Amendment or the other Loan Documents being executed in connection herewith and that the obligations of each Loan Party under its respective Guaranty extend, among other Obligations of Borrowers to Lender, to the Obligations of Borrowers under this Agreement Amendment and the other Loan DocumentsDocuments being executed or amended in connection herewith. Without limiting the generality of the foregoing, each Loan Party acknowledges and agrees that all references in any Guaranty to the Existing Credit Agreement or the other Loan Documents shall be deemed, as applicable, deemed to be references to this the Credit Agreement or such other Loan Document, as amended by, or amended and restated in connection with, this AgreementAmendment.

Appears in 2 contracts

Samples: Credit Agreement (Ceco Environmental Corp), Credit Agreement (Ceco Environmental Corp)

Reaffirmation of Guaranties. (a) Each Loan Party hereby: (i) ratifies and reaffirms its Guaranty dated as of December 29, 2005 (or dated as of June 8, 2006 as it respects X.X. Xxxxx; dated as of February 28, 2007 as it respects Effox; or dated as of February 29, 2008 as it respects GMD, Xxxxxx-Xxxxxxxxxx, FKI, LLC and CECO Mexico LLC; or dated as of March 31, 2009 as it respects AVC, Inc.) made by such Loan Party to Lender and (ii) acknowledges and agrees that no Loan Party is released from its obligations under its respective Guaranty by reason of this Agreement Amendment or the other Loan Amendment Documents being executed in connection herewith and that the obligations of each Loan Party under its respective Guaranty extend, among other Obligations of Borrowers to Lender, to the Obligations of Borrowers under this Agreement Amendment and the other Loan Amendment Documents. Without limiting the generality of the foregoing, each Loan Party acknowledges and agrees that all references in any Guaranty to the Existing Credit Agreement or the other Loan Documents shall be deemed, as applicable, deemed to be references to this the Credit Agreement or such other Loan Document, as amended by, or amended and restated in connection with, this AgreementAmendment.

Appears in 1 contract

Samples: Credit Agreement (Ceco Environmental Corp)

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Reaffirmation of Guaranties. (a) Each Loan Party hereby: (i) ratifies and reaffirms its Guaranty dated as of December 29, 2005 (or dated as of June 8, 2006 as it respects X.X. Xxxxx; dated as of February 28, 2007 as it respects Effox; dated as of February 29, 2008 as it respects GMD, Xxxxxx-Xxxxxxxxxx, FKI, LLC and CECO Mexico LLC; or dated as of March 31, 2009 as it respects AVC, Inc.) made by such Loan Party to Lender and (ii) acknowledges and agrees that no Loan Party is released from its obligations under its respective Guaranty by reason of this Agreement Amendment or the other Loan Amendment Documents being executed in connection herewith and that the obligations of each Loan Party under its respective Guaranty extend, among other Obligations of Borrowers to Lender, to the Obligations of Borrowers under this Agreement Amendment and the other Loan Amendment Documents. Without limiting the generality of the foregoing, each Loan Party acknowledges and agrees that all references in any Guaranty to the Existing Credit Agreement or the other Loan Documents shall be deemed, as applicable, deemed to be references to this the Credit Agreement or such other Loan Document, as amended by, or amended and restated in connection with, this Agreement.Amendment. Exhibit 10.1

Appears in 1 contract

Samples: Credit Agreement (Ceco Environmental Corp)

Reaffirmation of Guaranties. (a) 14.1 Each Loan Party (other than Adwest, CECO Group Global, X.X. Xxxxx, Technic, Aire, and GMD, each of whom is executing a Guaranty contemporaneously herewith) hereby: (i) ratifies and reaffirms its Guaranty dated as of December 29, 2005 (or dated as of June 8, 2006 as it respects X.X. Xxxxx; dated as of February 28, 2007 as it respects Effox; dated as of February 29, 2008 as it respects GMD, Xxxxxx-Xxxxxxxxxx, FKI, LLC and CECO Mexico LLC; or dated as of March 31, 2009 as it respects AVC, Inc.) made by such Loan Party to Lender and (ii) acknowledges and agrees that no Loan Party is released from its obligations under its respective Guaranty by reason of this Agreement Amendment or the other Loan Amendment Documents being executed in connection herewith and that the obligations of each Loan Party under its respective Guaranty extend, among other Obligations of Borrowers to Lender, to the Obligations of Borrowers under this Agreement Amendment and the other Loan Amendment Documents. Without limiting the generality of the foregoing, each Loan Party acknowledges and agrees that all references in any Guaranty to the Existing Credit Agreement or the other Loan Documents shall be deemed, as applicable, to be references to this the Credit Agreement or such other Loan Document, Document as amended by, or amended and restated in connection with, this AgreementAmendment and the other Amendment Documents.

Appears in 1 contract

Samples: Credit Agreement (Ceco Environmental Corp)

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