Common use of Reaffirmation of Guaranty and Subordination Agreement Clause in Contracts

Reaffirmation of Guaranty and Subordination Agreement. The Parent hereby affirms and agrees that: (a) the execution and delivery by the Company and the performance of its obligations under this Amendment shall not in any manner or to any extent affect any of the obligations of the Parent or the rights of the Credit Agent, the Lenders or any other Person under the Guaranty, the Subordination Agreement or any other document or instrument made or given by the Parent in connection therewith, (b) the term “Obligations” as used in the Guaranty and the Subordination Agreement includes, without limitation, the Obligations of the Company under the Revolving Credit Agreement as amended hereby, and (c) the Guaranty and the Subordination Agreement remain in full force and effect.

Appears in 2 contracts

Samples: Countrywide Credit Industries Inc, Countrywide Credit Industries Inc

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Reaffirmation of Guaranty and Subordination Agreement. The By executing this Amendment as provided below, the Parent hereby acknowledges the terms and conditions of this Amendment and affirms and agrees that: that (a) the execution and delivery by the Company and the performance of its obligations under this Amendment shall not in any manner or to any extent affect any of the obligations of the Parent or the rights of the Credit Agent, the Lenders or any other Person under the Guaranty, the Subordination Agreement or any other document or instrument made or given by the Parent in connection therewith, (b) the term "Obligations" as used in the Guaranty and the Subordination Agreement includes, without limitation, the Obligations of the Company under the Revolving Credit Agreement as amended hereby, and (c) the Guaranty and the Subordination Agreement remain in full force and effect.

Appears in 1 contract

Samples: Countrywide Credit Industries Inc

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Reaffirmation of Guaranty and Subordination Agreement. The Parent hereby and affirms and agrees that: that (a) the execution and delivery by the Company and the performance of its obligations under this Amendment shall not in any manner or to any extent affect any of the obligations of the Parent or the rights of the Credit Agent, the Lenders or any other Person under the Guaranty, the Subordination Agreement or any other document or instrument made or given by the Parent in connection therewith, (b) the term "Obligations" as used in the Guaranty and the Subordination Agreement includes, without limitation, the Obligations of the Company under the Revolving Credit Agreement as amended hereby, and (c) the Guaranty and the Subordination Agreement remain in full force and effect.

Appears in 1 contract

Samples: Countrywide Credit Industries Inc

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