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Common use of Reaffirmation of Guaranty Clause in Contracts

Reaffirmation of Guaranty. Each Guarantor consents to the execution and delivery by the Companies of this Amendment and the consummation of the transactions described herein, and ratifies and confirms the terms of the Guaranty to which such Guarantor is a party with respect to the indebtedness now or hereafter outstanding under the Credit Agreement as amended hereby and all promissory notes issued thereunder. Each Guarantor acknowledges that, notwithstanding anything to the contrary contained herein or in any other document evidencing any indebtedness of any Company to the Lenders or any other obligation of any Company, or any actions now or hereafter taken by the Lenders with respect to any obligation of any Company, the Guaranty to which such Guarantor is a party (i) is and shall continue to be a primary obligation of such Guarantor, (ii) is and shall continue to be an absolute, unconditional, continuing and irrevocable guaranty of payment, and (iii) is and shall continue to be in full force and effect in accordance with its terms. Nothing contained herein to the contrary shall release, discharge, modify, change or affect the original liability of any Guarantor under the Guaranty to which such Guarantor is a party.

Appears in 9 contracts

Samples: Credit and Guaranty Agreement (Meridian Waste Solutions, Inc.), Credit and Guaranty Agreement (Meridian Waste Solutions, Inc.), Credit and Guaranty Agreement (Attis Industries Inc.)

Reaffirmation of Guaranty. Each Guarantor Subsidiary Loan Party consents to the execution and delivery by the Companies Borrower of this Amendment and the consummation of the transactions described herein, jointly and severally ratifies and confirms the terms of the Guaranty to which such Guarantor is a party Subsidiary Guarantee Agreement with respect to the indebtedness now or hereafter outstanding under the Credit Agreement as amended hereby and all promissory notes issued thereunder. Each Guarantor Subsidiary Loan Party acknowledges that, notwithstanding anything to the contrary contained herein or in any other document evidencing any indebtedness of any Company the Borrower to the Lenders or any other obligation of any Companythe Borrower, or any actions now or hereafter taken by the Lenders with respect to any obligation of any Companythe Borrower, the Guaranty to which such Guarantor is a party Subsidiary Guarantee Agreement (i) is and shall continue to be a primary obligation of such Guarantorthe Subsidiary Loan Parties, (ii) is and shall continue to be an absolute, unconditional, joint and several, continuing and irrevocable guaranty of payment, and (iii) is and shall continue to be in full force and effect in accordance with its terms. Nothing contained herein to the contrary shall release, discharge, modify, change or affect the original liability of any Guarantor the Subsidiary Loan Parties under the Guaranty to which such Guarantor is a partySubsidiary Guarantee Agreement.

Appears in 9 contracts

Samples: Revolving Credit and Term Loan Agreement (Healthways, Inc), Revolving Credit and Term Loan Agreement (Healthways, Inc), Revolving Credit and Term Loan Agreement (Healthways, Inc)

Reaffirmation of Guaranty. Each Guarantor consents to the execution and delivery by the Companies Borrowers of this Amendment and the consummation of the transactions described herein, and ratifies and confirms the terms of the Guaranty to which such Guarantor is a party with respect to the indebtedness now or hereafter outstanding under the Credit Agreement as amended hereby and all promissory notes issued thereunder. Each Guarantor acknowledges that, notwithstanding anything to the contrary contained herein or in any other document evidencing any indebtedness of any Company Borrowers to the Lenders or any other obligation of any CompanyBorrowers, or any actions now or hereafter taken by the Lenders with respect to any obligation of any CompanyBorrowers, the Guaranty to which such Guarantor is a party (i) is and shall continue to be a primary obligation of such Guarantor, (ii) is and shall continue to be an absolute, unconditional, continuing and irrevocable guaranty of payment, and (iii) is and shall continue to be in full force and effect in accordance with its terms. Nothing contained herein to the contrary shall release, discharge, modify, change or affect the original liability of any Guarantor under the Guaranty to which such Guarantor is a party.

Appears in 6 contracts

Samples: Credit Agreement, Credit Agreement (Princeton Review Inc), Credit Agreement (Princeton Review Inc)

Reaffirmation of Guaranty. Each Guarantor Credit Party consents to the execution and delivery by the Companies of this Amendment by all parties hereto and the consummation of the transactions described herein, and ratifies and confirms the terms of the Guaranty and Security Agreement to which such Guarantor is a party with respect to the indebtedness now or hereafter outstanding under the Credit Agreement as amended hereby and all promissory notes issued thereunder. Each Guarantor Credit Party acknowledges that, notwithstanding anything to the contrary contained herein or in any other document evidencing any indebtedness of any Company Borrower to the Lenders or any other obligation of any CompanyBorrowers, or any actions now or hereafter taken by the Lenders with respect to any obligation of any CompanyBorrowers, the Guaranty to which such Guarantor Credit Party is a party (i) is and shall continue to be a primary obligation of such GuarantorCredit Party, (ii) is and shall continue to be an absolute, unconditional, continuing and irrevocable guaranty of payment, and (iii) is and shall continue to be in full force and effect in accordance with its terms. Nothing contained herein to the contrary shall release, discharge, modify, change or affect the original liability of any Guarantor Credit Party under the Guaranty to which such Guarantor Credit Party is a party.

Appears in 5 contracts

Samples: Credit Agreement (Cryolife Inc), Credit Agreement (Cryolife Inc), Credit Agreement (Cryolife Inc)

Reaffirmation of Guaranty. Each Guarantor consents to the execution and delivery by the Companies Credit Parties of this Amendment and the consummation of the transactions described herein, and ratifies and confirms the terms of the Guaranty to which such Guarantor is a party with respect to the indebtedness now or hereafter outstanding under the Credit Agreement as amended hereby and all promissory notes issued thereunder. Each Guarantor acknowledges that, notwithstanding anything to the contrary contained herein or in any other document evidencing any indebtedness of any Company the Credit Parties to the Lenders or any other obligation of any Companythe Credit Parties, or any actions now or hereafter taken by the Lenders with respect to any obligation of any Companythe Credit Parties, the Guaranty to which such Guarantor is a party (i) is and shall continue to be a primary obligation of such Guarantor, (ii) is and shall continue to be an absolute, unconditional, continuing and irrevocable guaranty of payment, and (iii) is and shall continue to be in full force and effect in accordance with its terms. Nothing contained herein to the contrary shall release, discharge, modify, change or affect the original liability of any Guarantor under the Guaranty to which such Guarantor is a party.

Appears in 5 contracts

Samples: Credit and Guaranty Agreement (ONE Group Hospitality, Inc.), Credit and Guaranty Agreement (ONE Group Hospitality, Inc.), Credit and Guaranty Agreement (ONE Group Hospitality, Inc.)

Reaffirmation of Guaranty. Each Holdings and each other Guarantor consents to the execution and delivery by the Companies Company of this Amendment and the consummation of the transactions described herein, and ratifies and confirms the terms of the Guaranty to which such Guarantor is a party with respect to the indebtedness Indebtedness now or hereafter outstanding under the Credit Agreement as amended hereby and all promissory notes issued thereunder. Each Guarantor acknowledges that, notwithstanding anything to the contrary contained herein or in any other document evidencing any indebtedness Indebtedness of any Company to the Lenders or any other obligation Obligation of any Company, or any actions now or hereafter taken by the Lenders with respect to any obligation Obligation of any Company, the Guaranty to which such any Guarantor is a party (i) is and shall continue to be a primary obligation of such Guarantor, (ii) is and shall continue to be an absolute, unconditional, continuing and irrevocable guaranty of payment, and (iii) is and shall continue to be in full force and effect in accordance with its terms. Nothing contained herein to the contrary shall release, discharge, modify, change or affect the original liability of any each Guarantor under the Guaranty to which such Guarantor is a party.

Appears in 5 contracts

Samples: Credit and Guaranty Agreement (Vertex Energy Inc.), Credit and Guaranty Agreement (Vertex Energy Inc.), Credit and Guaranty Agreement (Vertex Energy Inc.)

Reaffirmation of Guaranty. Each Guarantor consents to the execution and delivery by the Companies Borrower of this Amendment and the consummation of the transactions described herein, jointly and ratifies severally ratify and confirms confirm the terms of the Guaranty to which such Guarantor is a party Credit Agreement (including, without limitation, Article 3 thereof) with respect to the indebtedness now or hereafter outstanding under the Credit Agreement as amended hereby and all promissory notes issued thereunder. Each Guarantor acknowledges that, notwithstanding anything to the contrary contained herein or in any other document evidencing any indebtedness of any Company the Borrower to the Lenders Lender Group or any other obligation of any Companythe Borrower, or any actions now or hereafter taken by the Lenders members of the Lender Group with respect to any obligation of any Companythe Borrower, Article 3 of the Guaranty to which such Guarantor is a party Credit Agreement (i) is and shall continue to be a primary obligation of such Guarantorthe Guarantors, (ii) is and shall continue to be an absolute, unconditional, joint and several, continuing and irrevocable guaranty of payment, and (iii) is and shall continue to be in full force and effect in accordance with its terms. Nothing contained herein to the contrary shall release, discharge, modify, change or affect the original liability of any Guarantor the Guarantors under the Guaranty to which such Guarantor is a partyAgreement.

Appears in 3 contracts

Samples: Credit Agreement (Securus Technologies, Inc.), Credit Agreement (Securus Technologies, Inc.), Credit Agreement (Securus Technologies, Inc.)

Reaffirmation of Guaranty. Each Guarantor consents to the execution and delivery by the Companies Issuer of this Amendment and the consummation of the transactions described herein, and ratifies and confirms the terms of the Guaranty to which such Guarantor is a party with respect to the indebtedness now or hereafter outstanding under the Credit Agreement NPA as amended hereby and all promissory notes issued thereunder. Each Guarantor acknowledges that, notwithstanding anything to the contrary contained herein or in any other document evidencing any indebtedness of any Company Issuer to the Lenders Purchasers or any other obligation of any CompanyIssuer, or any actions now or hereafter taken by the Lenders Purchasers with respect to any obligation of any CompanyIssuer, the Guaranty to which such Guarantor is a party (i) is and shall continue to be a primary obligation of such Guarantor, (ii) is and shall continue to be an absolute, unconditional, continuing and irrevocable guaranty of payment, and (iii) is and shall continue to be in full force and effect in accordance with its terms. Nothing contained herein to the contrary shall release, discharge, modify, change or affect the original liability of any Guarantor under the Guaranty to which such Guarantor is a party.

Appears in 3 contracts

Samples: Senior Subordinated Note Purchase Agreement (Princeton Review Inc), Senior Subordinated Note Purchase Agreement (Princeton Review Inc), Bridge Note Purchase Agreement (Princeton Review Inc)

Reaffirmation of Guaranty. Each Guarantor consents to the execution and delivery by the Companies Issuer of this Amendment and the consummation of the transactions described herein, and ratifies and confirms the terms of the Guaranty to which such Guarantor is a party with respect to the indebtedness now or hereafter outstanding under the Credit Agreement SPA as amended hereby and all promissory notes issued thereunder. Each Guarantor acknowledges that, notwithstanding anything to the contrary contained herein or in any other document evidencing any indebtedness of any Company Issuer to the Lenders Purchasers or any other obligation of any CompanyIssuer, or any actions now or hereafter taken by the Lenders Purchasers with respect to any obligation of any CompanyIssuer, the Guaranty to which such Guarantor is a party (i) is and shall continue to be a primary obligation of such Guarantor, (ii) is and shall continue to be an absolute, unconditional, continuing and irrevocable guaranty of payment, and (iii) is and shall continue to be in full force and effect in accordance with its terms. Nothing contained herein to the contrary shall release, discharge, modify, change or affect the original liability of any Guarantor under the Guaranty to which such Guarantor is a party.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Princeton Review Inc), Securities Purchase Agreement (Princeton Review Inc)

Reaffirmation of Guaranty. Each Guarantor consents to the execution and delivery by the Companies Issuer of this Amendment and the consummation of the transactions described herein, and ratifies and confirms the terms of the Guaranty to which such Guarantor is a party with respect to the indebtedness now or hereafter outstanding under the Credit Agreement NPA as amended hereby and all promissory notes issued thereunder. Each Guarantor acknowledges that, notwithstanding anything to the contrary contained herein or in any other document evidencing any indebtedness of any Company the Issuer to the Lenders Purchasers or any other obligation of any Companythe Issuer, or any actions now or hereafter taken by the Lenders Purchasers with respect to any obligation of any Companythe Issuer, the Guaranty to which such Guarantor is a party (i) is and shall continue to be a primary obligation of such Guarantor, (ii) is and shall continue to be an absolute, unconditional, continuing and irrevocable guaranty of payment, and (iii) is and shall continue to be in full force and effect in accordance with its terms. Nothing contained herein to the contrary shall release, discharge, modify, change or affect the original liability of any Guarantor under the Guaranty to which such Guarantor is a party.

Appears in 2 contracts

Samples: Senior Subordinated Note Purchase Agreement (Princeton Review Inc), Senior Subordinated Note Purchase Agreement (Princeton Review Inc)

Reaffirmation of Guaranty. Each Guarantor consents to the execution and delivery by the Companies Borrower of this Amendment and the consummation of the transactions described herein, and ratifies and confirms the terms of the Guaranty to which such Guarantor is a party with respect to the indebtedness now or hereafter outstanding under the Credit Agreement as amended hereby and all promissory notes issued thereunder. Each Guarantor acknowledges that, notwithstanding anything to the contrary contained herein or in any other document evidencing any indebtedness of any Company Borrower to the Lenders or any other obligation of any CompanyBorrower, or any actions now or hereafter taken by the Lenders with respect to any obligation of any CompanyBorrower, the Guaranty to which such Guarantor is a party (i) is and shall continue to be a primary obligation of such Guarantor, (ii) is and shall continue to be an absolute, unconditional, continuing and irrevocable guaranty of payment, and (iii) is and shall continue to be in full force and effect in accordance with its terms. Nothing contained herein to the contrary shall release, discharge, modify, change or affect the original liability of any Guarantor under the Guaranty to which such Guarantor is a party.

Appears in 2 contracts

Samples: Credit Agreement (Princeton Review Inc), Credit Agreement (Otelco Inc.)

Reaffirmation of Guaranty. Each Guarantor consents to the execution and delivery by the Companies Issuer of this Amendment and the consummation of the transactions described herein, and ratifies and confirms the terms of the Guaranty to which such Guarantor is a party with respect to the indebtedness now or hereafter outstanding under the Credit Agreement SPA as amended hereby and all promissory notes issued thereunder. Each Guarantor acknowledges that, notwithstanding anything to the contrary contained herein or in any other document evidencing any indebtedness of any Company the Issuer to the Lenders Purchasers or any other obligation of any Companythe Issuer, or any actions now or hereafter taken by the Lenders Purchasers with respect to any obligation of any Companythe Issuer, the Guaranty to which such Guarantor is a party (i) is and shall continue to be a primary obligation of such Guarantor, (ii) is and shall continue to be an absolute, unconditional, continuing and irrevocable guaranty of payment, and (iii) is and shall continue to be in full force and effect in accordance with its terms. Nothing contained herein to the contrary shall release, discharge, modify, change or affect the original liability of any Guarantor under the Guaranty to which such Guarantor is a party.

Appears in 1 contract

Samples: Securities Purchase Agreement (Princeton Review Inc)