Examples of Store Guarantors in a sentence
Borrower shall purchase directly from suppliers and pay for all Inventory from time to time held for sale by all Store Guarantors.
The Credit Parties signatory hereto shall pledge or cause to be pledged to Agent for the benefit of Lenders the Stock of all Store Guarantors created or acquired after the Closing Date.
As of the Closing Date, the Consignment Agreement shall be in full force and effect and shall have been executed by all Store Guarantors.
The New Store Guarantors agree to comply with and be bound by the terms of the Store Guarantors' Guaranty as fully as if they had been a signatory thereto on the date that such documents were originally executed and delivered by the other Credit Parties that are parties thereto.
The New Store Guarantors hereby guarantee payment and performance of the Obligations in accordance with the terms of the Store Guarantors' Guaranty, which is incorporated herein by reference.
So long as Borrower and the Store Guarantors have cash or cash equivalents (consisting of investments permitted under clause (a) of Section 6.2) on hand or on deposit of $7,000,000 or more in the aggregate, Borrower shall not request (and Lenders are not obligated to make) any Revolving Credit Advance or Swing Line Advance.
We hereby (i) acknowledge receipt of the First Amendment, (ii) acknowledge and reaffirm all of our obligations and undertakings under the Parent Guaranty and the Store Guarantors' Guaranty (as applicable) (collectively, the "Guaranties"), and (iii) acknowledge and agree that subsequent to, and taking into account such First Amendment, the Guaranties are and shall remain in full force and effect in accordance with the terms thereof.
Within one-hundred eighty (180) days after the Closing Date, the Credit Parties signatory hereto shall pledge or cause to be pledged to Agent for the benefit of Lenders the Stock of the Store Guarantors not pledged to Agent as of the Closing Date, on terms reasonably satisfactory to Agent.
XXXXXXX ------------------------------------- Title: TREASURER ---------------------------------- The authorized officer of each of the foregoing corporations Store Guarantors: Bermans The Leather Experts Inc.
The New Store Guarantor guarantees payment and performance of the Obligations in accordance with the terms of the Store Guarantors' Guaranty, which is incorporated herein by reference.