Acknowledgment by Guarantor. Guarantor hereby acknowledges and agrees that, notwithstanding anything to the contrary in the Guarantee Agreement (including, without limitation, Section 2(d) of the Guarantee Agreement), the Guarantee Agreement remains in full force and effect, and Guarantor shall remain liable thereunder for any Guarantor Obligations (as defined in the Guarantee Agreement) under the Repurchase Agreement or other Repurchase Documents that survive termination of the Repurchase Agreement or such Repurchase Documents, including, without limitation, any trailing reasonable and documented out-of-pocket legal fees and expenses of Buyer under the Repurchase Agreement and Repurchase Documents.
Acknowledgment by Guarantor. The Guarantor acknowledges its obligation to issue and deliver common stock upon the conversion of the Common Securities.
Acknowledgment by Guarantor. The Guarantor acknowledges its obligation to issue and deliver common stock, par value $0.01 per share, of the Guarantor (the "Common Stock"), upon the conversion of the Common Securities.
Acknowledgment by Guarantor. Guarantor acknowledges receipt of the Sub-Sublease and this Agreement and consents thereto. Guarantor further confirms and agrees that the obligations of Guarantor under and with respect to the Guaranty shall continue to apply to the Sublease and shall not otherwise be impaired or affected by the Sub-Sublease. The Guaranty is hereby continued, confirmed and ratified in all respects.
Acknowledgment by Guarantor. This Agreement shall only be effective upon the acknowledgment and acceptance by any guarantor, guaranteeing the performance of Borrower's obligations under the Note pursuant to any contract of guaranty, that the terms of any such contract of guaranty shall continue in full force and effect with respect to the liability evidence by the Note. Irrespective of any modification made by this agreement, which acknowledgment and acceptance shall be evidence by the execution of this Agreement by the guarantor at the space indicated below.
Acknowledgment by Guarantor. The Guarantor hereby acknowledges and consents to the Contribution Agreement and this Agreement. Further, the Guarantor agrees that the Guaranty Agreement dated as of July 9, 1996 from the Guarantor to NBLC guaranteeing all obligations of Seitel to NBLC shall guarantee all obligations of Eagle to NBLC as if Eagle were the original beneficiary of such Guaranty.
Acknowledgment by Guarantor. The Guarantor hereby acknowledges and consents to the Contribution Agreement and this Agreement. Further, the Guarantor agrees that the Guaranty from the Guarantor to Compass guaranteeing all obligations of Seitel to Compass shall guarantee all obligations of Eagle to Compass. Without limiting the foregoing, (i) any and all references in said Guaranty to "Seitel Geophysical, Inc." shall be and hereby are amended to read and refer to "Eagle Geophysical, Inc." and (ii) any and all references in said Guaranty to "Central Bank of the South" shall be and hereby are amended to read and refer to "Compass Bank".
Acknowledgment by Guarantor. The Guarantor acknowledges that:
Acknowledgment by Guarantor. The Guarantor acknowledges its obligation to issue and deliver common stock of the Guarantor upon the conversion of the Common Securities.
Acknowledgment by Guarantor. Except as otherwise specified herein, the terms and provisions of the Loan Documents are ratified and confirmed and shall remain in full force and effect, enforceable in accordance with their terms. Guarantor hereby acknowledges, agrees and represents that (i) Guarantor is indebted to the Bank pursuant to the terms of the Note; (ii) the liens, security interests and assignments created and evidenced by the Loan Documents are, respectively, valid and subsisting liens, security interests and assignments of the respective dignity and priority recited in the Loan Documents; (iii) the representations and warranties contained in the Loan Documents are true and correct representations and warranties of Guarantor, as of the date hereof and no defaults exist under the Loan Documents; and (iv) Guarantor has no set-offs, counterclaims, defenses or other causes of action against the Bank arising out of the Loan Documents, the modification and extension of the Loan, any documents mentioned herein or otherwise and to the extent any such set-offs, counterclaims, defenses or other causes of action may exist, whether known or unknown, such items are hereby waived by Guarantor.
