AGREEMENT OF GUARANTOR Sample Clauses

AGREEMENT OF GUARANTOR. By executing this Agreement Guarantor: (1) acknowledges and agrees that the Guarantor has completely read and understands this Agreement; (2) consents to all of the provisions of this Agreement relating to Borrower; (3) acknowledges and agrees that the Guaranty executed and delivered by the undersigned shall continue in full force and effect; (4) acknowledges receipt of good and lawful consideration for the execution of the guaranty agreement; (5) agrees promptly to furnish the financial statements and information required by this Agreement; (6) agrees to all of those portions of this Agreement which apply to Guarantor; (7) acknowledges and agrees that this Agreement has been freely executed without duress and after an opportunity was provided to Guarantor for review of this Agreement and the guaranty agreement by competent legal counsel of Guarantor’s choice; and (8) acknowledges that HCA has provided Guarantor with a copy of this Agreement, the guaranty agreement and the other Collateral Documents. GUARANTOR: Name: J. Mxxx Xxxxxxx STATE OF _____________ COUNTY OF _____________ I HEREBY CERTIFY that on ____day of July, 2016 before me, an officer duly qualified to take acknowledgments, personally appeared J. Mxxx Xxxxxxx, to me known to be the person described in and who executed the foregoing instrument and acknowledged before me that he executed the same. Notary Public, State of _____________________ My Commission Expires: Name: Sxxxx X. Xxxxxxx STATE OF _____________ COUNTY OF _____________ I HEREBY CERTIFY that on ____day of July, 2016 before me, an officer duly qualified to take acknowledgments, personally appeared Sxxxx X. Xxxxxxx, to me known to be the person described in and who executed the foregoing instrument and acknowledged before me that he executed the same. Notary Public, State of _____________________ My Commission Expires: [SIGNATURES CONTINUED ON THE NEXT PAGE] [SIGNATURES CONTINUED FROM THE PREVIOUS PAGE] Name: Hxxxx X. Xxxxx STATE OF _____________ COUNTY OF _____________ I HEREBY CERTIFY that on ____day of July, 2016 before me, an officer duly qualified to take acknowledgments, personally appeared Hxxxx X. Xxxxx, to me known to be the person described in and who executed the foregoing instrument and acknowledged before me that he executed the same. Notary Public, State of _____________________ My Commission Expires: Boxlight Corporation By:
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AGREEMENT OF GUARANTOR. Guarantor assumes the responsibility for being and keeping itself informed of the financial condition of Lessee and of all other circumstances with respect to any of the Guaranty Obligations, and Guarantor agrees that no Beneficiary shall be under any duty to advise Guarantor of information known to it regarding such condition or any such circumstance; whether or not any Beneficiary has a reasonable opportunity to communicate such information or has reason to believe that any such information is unknown to Guarantor or materially increases the risk to Guarantor beyond the risk Guarantor intends to assume hereunder. SECTION 9.
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AGREEMENT OF GUARANTOR. The undersigned is the “Guarantor” under an Amended and Restated Guaranty of Payment Agreement, dated November 5, 2008 (as amended, modified, substituted, extended and renewed from time to time, the “Guaranty”), in favor of Lender. In order to induce Lender to enter into the foregoing Agreement, the undersigned (a) consents to the transactions contemplated by, and agreements made by Borrower under, the foregoing Agreement, and (b) ratifies, confirms and reissues the terms, conditions, promises, covenants, grants, assignments, security agreements, agreements, representations, warranties and provisions contained in the Guaranty. WITNESS signature and seal of the undersigned as of the date of the Agreement. WITNESS OR ATTEST: GP STRATEGIES CORPORATION By: /s/ Xxxxxx Xxxxxxxx-Xxxxx (SEAL) Xxxxxx Xxxxxxxx-Xxxxx Executive Vice President & Chief Financial Officer
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AGREEMENT OF GUARANTOR. Each Guarantor assumes the responsibility for being and keeping itself informed of the financial condition of each of the Lessees and Construction Agents and of all other circumstances with respect to any of the Guaranteed Obligations, and such Guarantor agrees that no Beneficiary shall be under any duty to advise such Guarantor of information known to it regarding such condition or any such circumstance, whether or not any Beneficiary has a reasonable opportunity to communicate such information or has reason to believe that any such information is unknown to such Guarantor or materially increases the risk to such Guarantor beyond the risk such Guarantor intends to assume hereunder.
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Related to AGREEMENT OF GUARANTOR

  • Release of Guarantor A Guarantor shall be released from all of its obligations under its Guarantee if:

  • Reaffirmation of Guaranty The Guarantors hereby ratify and affirm all of the terms, covenants, conditions and obligations of the Guaranty and acknowledge and agree that the term “Obligations” as used in the Guaranty shall apply to all of the Obligations of Seller to Buyer under the Repurchase Agreement, as amended hereby.

  • Consent of Guarantors Each of the Guarantors shall have executed and delivered to the Agent the Consent.

  • AMENDMENT OF GUARANTY No term or provision of this Guaranty shall be amended, modified, altered, waived or supplemented except in a writing signed by Guarantor and Counterparty.

  • Joinder of Guarantors Each of the Guarantors hereby joins in this Amendment to evidence its consent hereto, and each Guarantor hereby reaffirms its obligations set forth in the Credit Agreement, as hereby amended, and in each Guaranty Agreement and each other Loan Document given by it in connection therewith.

  • Acknowledgment of Guarantors The Guarantors acknowledge and consent to all of the terms and conditions of this Amendment and agree that this Amendment and all documents executed in connection herewith do not operate to reduce or discharge the Guarantors’ obligations under the Credit Documents.

  • Release of Guarantors In connection with (x) a Subsidiary Guarantor no longer being a Material Subsidiary or (y) the sale of Equity Interests in a Subsidiary Guarantor permitted under Section 10.4, the Borrower may request in writing that the Administrative Agent release, and upon receipt of such request the Administrative Agent shall release, such Subsidiary Guarantor from the Subsidiary Guaranty and any other applicable Security Documents so long as: (i) such Subsidiary Guarantor owns no Property included in the most-recent calculation of the Borrowing Base, nor any Equity Interest in any Subsidiary Guarantor that owns a Property included in the most-recent calculation of Borrowing Base; (ii) no Event of Default shall then be in existence or would occur as a result of such release; (iii) the representations and warranties made by the Borrower and such Subsidiary Guarantor in the Loan Documents to which any of them is a party, shall be true and correct in all material respects (except in the case of a representation or warranty qualified by materiality, in which case such representation or warranty shall be true and correct in all respects) on and as of the date of such release with the same force and effect as if made on and as of such date except to the extent that such representations and warranties expressly relate solely to an earlier date (in which case such representations and warranties shall have been true and correct in all material respects (except in the case of a representation or warranty qualified by materiality, in which case such representation or warranty shall be true and correct in all respects and except for changes in factual circumstances specifically and expressly permitted hereunder)); and (iv) the Administrative Agent shall have received such written request at least ten (10) Business Days (or such shorter period as may be acceptable to the Administrative Agent) prior to the requested date of release. Delivery by the Borrower to the Administrative Agent of any such request shall constitute a representation by the Borrower that the matters set forth in the preceding sentence (both as of the date of the giving of such request and as of the date of the effectiveness of such request) are true and correct with respect to such request. Lenders hereby irrevocably authorize the Administrative Agent to release a Subsidiary Guarantor from the Subsidiary Guaranty in accordance with this Section 4.6.

  • Confirmation of Guaranty Each of the Guarantors confirms that they have read and understand the Amendment. In order to induce the Lenders, the Administrative Agent and the other Agents to enter into the Amendment, each of the Guarantors: (i) consents to the Amendment and the transactions contemplated thereby; (ii) ratifies and confirms each of the Loan Documents to which it is a party; (iii) ratifies, agrees and confirms that it has been a Guarantor and a Loan Party at all times since it became a Guarantor and a Loan Party and from and after the date hereof, each Guarantor shall continue to be a Guarantor and a Loan Party in accordance with the terms of the Loan Documents, as the same may be amended in connection with the Amendment and the transactions contemplated thereby; and (iv) hereby ratifies and confirms its obligations under each of the Loan Documents (including all exhibits and schedules thereto), as the same may be amended in connection with the Amendment and the transactions contemplated thereby, by signing below as indicated and hereby acknowledges and agrees that nothing contained in any of such Loan Documents is intended to create, nor shall it constitute an interruption, suspension of continuity, satisfaction, discharge of prior duties, novation or termination of the indebtedness, loans, liabilities, expenses, guaranty or obligations of any of the Loan Parties under the Credit Agreement or any other such Loan Document.

  • Reaffirmation of Guaranties The Credit Parties signatory hereto hereby reaffirm their Guaranties of the Obligations, taking into account the provisions of this Amendment.

  • DURATION OF GUARANTY This Guaranty will take effect when received by Lender without the necessity of any acceptance by Lender, or any notice to Guarantor or to Borrower, and will continue in full force until all Obligations incurred, committed, or contracted before receipt by Lender of any notice of revocation shall have been fully and finally paid and satisfied and all other obligations of Guarantor under this Guaranty shall have been performed in full. If Guarantor elects to revoke this Guaranty, Guarantor may only do so in writing. Guarantor’s written notice of revocation must be delivered to Lender at the address of Lender listed below or such other place as Lender may designate in writing. This Guaranty may be revoked only with respect to the Obligations incurred or contracted by Borrower, or acquired or committed to by Lender after the date on which written notice of revocation is actually received by Lender. No notice of revocation hereof shall be effective as to any Obligations: (a) existing at the date of receipt of such notice; (b) incurred or contracted by Borrower, or acquired or committed to by Lender, prior to receipt of such notice; (c) now existing or hereafter created pursuant to or evidenced by the Loan Agreement or a commitment in existence prior to receipt of such notice under which Borrower is or may become obligated to Lender; or (d) renewals, extensions, consolidations, substitutions, and refinancings of the foregoing. Guarantor waives notice of revocation given by any other guarantor of the Obligations. If Guarantor is an individual, this Guaranty shall bind the estate of Guarantor as to Obligations created both before and after the death or incapacity of Guarantor, regardless of Lender’s actual notice of Guarantor’s death or incapacity. Subject to the foregoing, Guarantor’s executor or administrator or other legal representative may revoke this Guaranty in the same manner in which Guarantor might have revoked it and with the same effect. Release of any other guarantor of the Obligations, or termination or revocation of any other guaranty of the Obligations, shall not affect the liability of Guarantor under this Guaranty. Notwithstanding any provision to the contrary, it shall be an Event of Default under the Loan Agreement if Guarantor revokes, or disputes the validity of or liability under, this Guaranty or any of the Loan Documents. It is anticipated that fluctuations may occur in the aggregate amount of the Obligations covered by this Guaranty, and it is specifically acknowledged and agreed by Guarantor that reductions in the amount of the Obligations, even to zero dollars shall not constitute a termination of this Guaranty.

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