Common use of Confirmation of Guaranty Clause in Contracts

Confirmation of Guaranty. Guarantors acknowledge that they have reviewed and consent to the terms of the Loan Documents, as amended by this Amendment and the Third Modification of Deed of Trust and Loan Documents of this date between Borrower and Lender and they are aware that the amount available to be borrowed by Borrower under the Loan Agreement is being increased to $10,000,000. Guarantors agree to guaranty the increased amount in accordance with the terms of the Guaranty, that the waivers, acknowledgements and other agreements are applicable to such increased amount and that the Guaranty remains in full force and effect, enforceable against Guarantors in accordance with its terms.

Appears in 1 contract

Samples: Loan Agreement (Kennedy Wilson Inc)

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Confirmation of Guaranty. Guarantors acknowledge that they have reviewed and consent to the terms of the Loan Documents, as amended by all amendments thereto including as amended by this Amendment and the Third Modification of Deed of Trust and Loan Documents of this date between Borrower and Lender Eighth Amendment, and they are aware that the amount of the Acquisition Facility has been increased to $10,000,000 and the aggregate amount of credit available to be borrowed by Borrower under the Loan Agreement is being and the Notes has increased to $10,000,00012,000,000. Guarantors agree to guaranty the increased full amount of the Loans in accordance with the terms of the Guaranty, that the waivers, acknowledgements and other agreements are applicable to such increased amount amounts and that the Guaranty remains in full force and effect, enforceable against Guarantors in accordance with its terms.

Appears in 1 contract

Samples: Revolving Loan Agreement and Security Agreement (Kennedy Wilson Inc)

Confirmation of Guaranty. Guarantors acknowledge that they have reviewed and consent to the terms of the Loan Documents, as amended by all amendments thereto, including as amended by this Amendment and the Third Modification of Deed of Trust and Loan Documents of this date between Borrower and Lender Sixth Amendment, and they are aware that the amount available to be borrowed by Borrower under the Loan Agreement is being has been increased to $10,000,000. Guarantors agree to guaranty the increased amount in accordance with the terms of the Guaranty, that the waivers, acknowledgements and other agreements are applicable to such increased amount and that the Guaranty remains in full force and effect, enforceable against Guarantors in accordance with its terms.agreements

Appears in 1 contract

Samples: Loan Agreement (Kennedy Wilson Inc)

Confirmation of Guaranty. Guarantors acknowledge that they have reviewed and consent to the terms of the Loan Documents, as amended by this Amendment and the Third Modification of Amendment to Deed of Trust and Loan Documents of this date between Borrower and Lender and they are aware that the amount available to be borrowed by Borrower under the Loan Agreement is being increased from $6,000,000 to $10,000,0008,000,000. Guarantors agree to guaranty the increased amount in accordance with the terms of the Guaranty, that the waivers, acknowledgements and other agreements are applicable to such increased amount and that the Guaranty remains in full force and effect, enforceable against Guarantors in accordance with its terms.

Appears in 1 contract

Samples: Loan Agreement (Kennedy Wilson Inc)

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Confirmation of Guaranty. Guarantors acknowledge that they have reviewed and consent to the terms of the Loan Documents, as amended by this Amendment and the Third Modification of Amendment to Deed of Trust and Loan Documents of this date between Borrower and Lender and they are aware that the amount available to be borrowed by Borrower under the Loan Agreement is being increased from $8,000,000 to $10,000,0008,500,000. Guarantors agree to guaranty the increased amount in accordance with the terms of the Guaranty, that the waivers, acknowledgements and other agreements are applicable to such increased amount and that the Guaranty remains in full force and effect, enforceable against Guarantors in accordance with its terms.

Appears in 1 contract

Samples: Loan Agreement (Kennedy Wilson Inc)

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