Receipt of Credit Agreement, Other Loan Documents, Benefits. (a) Each Guarantor hereby acknowledges that it has received a copy of the Credit Agreement and the other Loan Documents and any Specified Swap Agreement, and each Guarantor certifies that the representations and warranties made therein with respect to such Guarantor are true and correct. Further, each Guarantor acknowledges and agrees to perform, comply with, and be bound by all of the provisions of the Credit Agreement and the other Loan Documents to the extent applicable to such Guarantor. (b) Each Guarantor hereby acknowledges, represents, and warrants that it receives synergistic benefits by virtue of its affiliation with the Borrower and the other Guarantors and that it will receive direct and indirect benefits from the financing arrangements contemplated by the Credit Agreement and that such benefits, together with the rights of contribution and subrogation that may arise in connection herewith are a reasonably equivalent exchange of value in return for providing this Guaranty.
Appears in 2 contracts
Samples: Revolving Credit Facility (CONSOL Energy Inc), Continuing Agreement of Guaranty and Suretyship (CONSOL Energy Inc)
Receipt of Credit Agreement, Other Loan Documents, Benefits. (a) Each Term Guarantor hereby acknowledges that it has received a copy of the Credit Agreement and the other Loan Documents and any Specified Swap Agreement, and each Term Guarantor certifies that the representations and warranties made therein with respect to such Term Guarantor are true and correct. Further, each Term Guarantor acknowledges and agrees to perform, comply with, and be bound by all of the provisions of the Credit Agreement and the other Loan Documents to the extent applicable to such GuarantorDocuments.
(b) Each Term Guarantor hereby acknowledges, represents, and warrants that it receives synergistic direct and indirect benefits by virtue of its affiliation with the Borrower Term Borrowers and the other Term Guarantors and that it will receive direct and indirect benefits from the financing arrangements contemplated by the Credit Agreement and that such benefits, together with the rights of contribution and subrogation that may arise in connection herewith are a reasonably equivalent exchange of value in return for providing this Guaranty.
Appears in 2 contracts
Samples: Credit Agreement (Armstrong Resource Partners, L.P.), Credit Agreement (Armstrong Energy, Inc.)
Receipt of Credit Agreement, Other Loan Documents, Benefits. (a) Each Guarantor hereby acknowledges that it has received a copy of the Credit Agreement and Agreement, the other Loan Documents and any Specified Swap AgreementLender Provided Interest Rate Hedge, and each Guarantor certifies that the representations and warranties made therein with respect to such Guarantor are true and correct. Further, each Guarantor acknowledges and agrees to perform, comply with, and be bound by all of the provisions of the Credit Agreement and the other Loan Documents to the extent applicable to such GuarantorDocuments.
(b) Each Guarantor hereby acknowledges, represents, and warrants that it receives synergistic direct and indirect benefits by virtue of its affiliation with the Borrower and the other Guarantors and that it will receive direct and indirect benefits from the financing arrangements contemplated by the Credit Agreement and that such benefits, together with the rights of contribution and subrogation that may arise in connection herewith herewith, are a reasonably equivalent exchange of value in return for providing this Guaranty.
Appears in 1 contract
Receipt of Credit Agreement, Other Loan Documents, Benefits. (a) Each Guarantor hereby acknowledges that it has received a copy of the Credit Agreement and Agreement, the other Loan Documents and any Specified Swap AgreementLender Provided Interest Rate Hedge, and each Guarantor certifies that the representations and warranties made therein with respect to such Guarantor are true and correct. Further, each Guarantor acknowledges and agrees to perform, comply with, and be bound by all of the provisions of the Credit Agreement and the other Loan Documents to the extent applicable to such GuarantorDocuments.
(b) Each Guarantor hereby acknowledges, represents, and warrants that it receives synergistic benefits by virtue of its affiliation with the Borrower and the other Guarantors and that it will receive direct and indirect benefits from the financing arrangements contemplated by the Credit Agreement and that such benefits, together with the rights of contribution and subrogation that may arise in connection herewith herewith, are a reasonably equivalent exchange of value in return for providing this Guaranty.
Appears in 1 contract