Common use of Reaffirmation of Guarantor Documents Clause in Contracts

Reaffirmation of Guarantor Documents. Guarantor hereby ratifies and affirms the Guaranty, as modified herein, and agrees that the Guaranty, as modified herein, is in full force and effect following the execution and delivery of this Amendment. To Guarantor's actual knowledge, the representations and warranties of Guarantor as contained in the Guaranty are, as of the date hereof, true and correct and Guarantor does not have actual knowledge of any default thereunder. The Guaranty, as modified herein, continues to be the valid and binding obligation of Guarantor, enforceable in accordance with its terms, subject to limitations imposed by bankruptcy, insolvency, other debtor relief laws and principles of equity, and Guarantor has no claim or defense to the enforcement of the rights and remedies of Lender thereunder, except as specifically provided otherwise in the Guaranty. The execution and delivery of this Amendment by Guarantor and the performance by Guarantor of its obligations under the Loan Documents have been duly authorized by all requisite action by or on behalf of Guarantor. This Amendment has been duly executed and delivered on behalf of Guarantor.

Appears in 1 contract

Samples: Second Modification of Credit Agreement and Other Loan Documents (JetPay Corp)

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Reaffirmation of Guarantor Documents. Guarantor hereby ratifies and affirms the Guaranty, as modified hereinby the Modification Agreements and this Agreement, and agrees that the Guaranty, as modified hereinby the Modification Agreements and this Agreement, is in full force and effect following the execution and delivery of this AmendmentAgreement. To Guarantor's actual knowledge, the representations and warranties of Guarantor as contained in the Guaranty are, as of the date hereof, true and correct and Guarantor does not have actual knowledge of any default thereunder. The Guaranty, as modified herein, continues to be the valid and binding obligation of Guarantor, enforceable in accordance with its terms, subject to limitations imposed by bankruptcy, insolvency, other debtor relief laws and principles of equity, and Guarantor has no claim or defense to the enforcement of the rights and remedies of Lender thereunder, except as specifically provided otherwise in the Guaranty. The execution and delivery of this Amendment Agreement by Guarantor and the performance by Guarantor of its obligations under the Loan Documents have been duly authorized by all requisite action by or on behalf of Guarantor. This Amendment Agreement has been duly executed and delivered on behalf of Guarantor.

Appears in 1 contract

Samples: Third Modification of Credit Agreement and Other Loan Documents (JetPay Corp)

Reaffirmation of Guarantor Documents. Guarantor hereby ratifies and affirms the Guaranty, as modified herein, Guaranty and agrees that the Guaranty, as modified herein, Guaranty is in full force and effect following the execution and delivery of this AmendmentAgreement. To Guarantor's actual knowledge, the representations and warranties of Guarantor as contained in the Guaranty are, as of the date hereof, true and correct and Guarantor does not have actual knowledge of any default thereunder. The Guaranty, as modified herein, Guaranty continues to be the valid and binding obligation of Guarantor, enforceable in accordance with its terms, subject to limitations imposed by bankruptcy, insolvency, other debtor relief laws and principles of equity, and Guarantor has no claim or defense to the enforcement of the rights and remedies of Lender thereunder, except as specifically provided otherwise in the Guaranty. The execution and delivery of this Amendment Agreement by Guarantor and the performance by Guarantor of its obligations under the Loan Documents have been duly authorized by all requisite action by or on behalf of Guarantor. This Amendment Agreement has been duly executed and delivered on behalf of Guarantor.

Appears in 1 contract

Samples: Modification of Credit Agreement and Other Loan Documents (JetPay Corp)

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Reaffirmation of Guarantor Documents. Guarantor hereby ratifies and affirms the Guaranty, as modified herein, Guaranty and agrees that the Guaranty, as modified herein, Guaranty is in full force and effect following the execution and delivery of this Amendment. To Guarantor's actual knowledge, the representations and warranties of Guarantor as contained in the Guaranty are, as of the date hereof, true and correct and Guarantor does not have actual knowledge of any default thereunder. The Guaranty, as modified herein, Guaranty continues to be the valid and binding obligation of Guarantor, enforceable in accordance with its terms, subject to limitations imposed by bankruptcy, insolvency, other debtor relief laws and principles of equity, and Guarantor has no claim or defense to the enforcement of the rights and remedies of Lender thereunder, except as specifically provided otherwise in the Guaranty. The execution and delivery of this Amendment by Guarantor and the performance by Guarantor of its obligations under the Loan Documents have been duly authorized by all requisite action by or on behalf of Guarantor. This Amendment has been duly executed and delivered on behalf of Guarantor.

Appears in 1 contract

Samples: Modification of Credit Agreement and Other Loan Documents (JetPay Corp)

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