EXHIBIT 10.69 Acknowledgment and Confirmation of Guaranty and Other Financing Agreements Each of the undersigned, by execution of this Acknowledgment and Confirmation of Guaranty and Other Financing Agreements, acknowledges and agrees that it is fully...Acknowledgment and Confirmation of Guaranty and Other Financing Agreements • June 18th, 1997 • Farah Inc • Men's & boys' furnishgs, work clothg, & allied garments
Each of the undersigned, by execution of this Acknowledgment and Confirmation of Guaranty and Other Financing Agreements, acknowledges and agrees that it is fully aware of, accepts and approves, the terms and conditions of: (i) the Amended and Restated Accounts Financing Agreement [Security Agreement], dated as of June 1, 1997 (the "Accounts Agreement"), among Farah U.S.A., Inc., Value Clothing Company, Inc. and Farah Manufacturing (U.K.) Limited, and Congress Financial Corporation (Southwest) ("Lender"), amending and restating the Accounts Financing Agreement [Security Agreement], dated August 2, 1990 (the "Original Accounts Agreement"), between Farah U.S.A., Inc. and Lender and (ii) all other documents, instruments, supplements and agreements in connection with the Original Account Agreement and the Accounts Agreement, including, without limitation, (A) each Guaranty and Waiver, dated August 2, 1990, by various affiliates of Farah U.S.A., Inc., (B) each Supplement (as defined in the
