Common use of Affirmation of Borrower and Subsidiary Guarantors Clause in Contracts

Affirmation of Borrower and Subsidiary Guarantors. Each of the Borrower and each of the Subsidiary Guarantors that guaranty any or all of the Obligations under the Existing Credit Agreement hereby approves and consents to the transactions contemplated by this Amendment and agrees that its obligations under the Existing Credit Agreement and the other Credit Documents to which it is a party shall not be diminished as a result of the execution of this Amendment. This acknowledgement by each of the Borrower and each such Subsidiary Guarantor is made and delivered to induce the Lenders to enter into this Amendment, and each of the Borrower and each such Subsidiary Guarantor acknowledges that the Lenders would not enter into this Amendment in the absence of the acknowledgements contained herein.

Appears in 3 contracts

Samples: Credit Agreement (Symmetry Medical Inc.), Credit Agreement (Symmetry Medical Inc.), Credit Agreement (Symmetry Medical Inc.)

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Affirmation of Borrower and Subsidiary Guarantors. Each of the Borrower and each of the Subsidiary Guarantors that guaranty any or all of the Obligations under the Existing Credit Agreement hereby approves and consents to the transactions contemplated by this Amendment Waiver and agrees that its obligations under the Existing Credit Agreement and the other Credit Documents to which it is a party shall not be diminished as a result of the execution of this AmendmentWaiver. This acknowledgement by each of the Borrower and each such Subsidiary Guarantor is made and delivered to induce the Lenders to enter into this AmendmentWaiver, and each of the Borrower and each such Subsidiary Guarantor acknowledges that the Lenders would not enter into this Amendment Waiver in the absence of the acknowledgements contained herein.

Appears in 1 contract

Samples: Credit Agreement (Symmetry Medical Inc.)

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