CONSENT AND ACKNOWLEDGMENT OF GUARANTORS Sample Clauses

CONSENT AND ACKNOWLEDGMENT OF GUARANTORS. Each of the undersigned hereby (a) acknowledges receipt of a copy of the foregoing Second Amendment to Credit Agreement and consents to each modification of the Credit Agreement contained therein, (b) reaffirms its obligations and waivers under its Continuing Guaranty dated as of June 24, 2010 and (c) acknowledges that its obligations under its Continuing Guaranty are legal, valid and binding obligations enforceable in accordance with their terms and that it has no defense, offset, claim or counterclaim with respect to any of its obligations thereunder.
Sample 1
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CONSENT AND ACKNOWLEDGMENT OF GUARANTORS. The undersigned Guarantors hereby consent to the foregoing Amendment No. 4 to Credit Agreement. ServiceSource Delaware, Inc. agrees that its Guaranty dated as of July 5, 2012, in favor of the Lender, and all collateral and security therefor, shall remain in full force and effect notwithstanding the amendments made above; and Scout Analytics, Inc. agrees that its Guaranty dated as of January 21, 2014, in favor of the Lender, and all collateral and security therefor, shall remain in full force and effect notwithstanding the amendments made above. Dated: May 5, 2014. SERVICESOURCE DELAWARE, INC. /S/XXXXXX X. XXXXXXX By: XXXXXX X. XXXXXXX Title: CFO SCOUT ANALYTICS, INC. /S/XXXXXX X. XXXXXXX By: XXXXXX X. XXXXXXX Title: CFO
Sample 1
CONSENT AND ACKNOWLEDGMENT OF GUARANTORS. Each of the undersigned hereby (a) acknowledges receipt of a copy of the foregoing Third Amendment to Credit Agreement and consents to each modification of the Credit Agreement contained herein, (b) reaffirms its obligations and waivers under its Continuing Guaranty dated as of June 24, 2010, (c) acknowledges that its obligations under its Continuing Guaranty are legal, valid and binding obligations enforceable in accordance with their terms and that it has no defense, offset, claim or counterclaim with respect to any of its obligations thereunder and (d) joins in and agrees to be bound by all of the terms and provisions of the General Release contained in Section 10 of the foregoing Third Amendment.
Sample 1
CONSENT AND ACKNOWLEDGMENT OF GUARANTORS. Each of the undersigned guarantors (each a “Guarantor”) consents to the provisions of the foregoing Second Amendment to Loan Agreement (the “Amendment”) and confirms and agrees that: (a) such Guarantor’s obligations under its Guaranty Agreement dated as of November 21, 2008 (as heretofore amended, the “Guaranty”), relating to the Obligations (as defined in the Loan Agreement referred to in the Amendment) shall be unimpaired by the Amendment; (b) such Guarantor has no defenses, setoffs, counterclaims, discounts or charges of any kind against the Agent or any Lender, or their respective officers, directors, employees, agents or attorneys with respect to its Guaranty; (c) the provisions of Paragraph 7(a) of the Amendment are binding on such Guarantor as if such Guarantor signed the Amendment; and (d) all of the terms, conditions and covenants in its Guaranty remain unaltered and in full force and effect and are hereby ratified and confirmed and apply to the Obligations, as modified by the Amendment. Each Guarantor certifies that all representations and warranties made by such Guarantor in its Guaranty are true and correct in all material respects as of the date hereof. Each Guarantor expressly ratifies and confirms the waiver of jury trial provisions contained in the Guaranty. WITNESS the due execution of this Consent as of the date of the Amendment, intending to be legally bound hereby. PAPER MAGIC GROUP, INC., a Pennsylvania corporation By: /s/ Xxxxxxx X. Xxxxxxxxxxxxx Name: Xxxxxxx X. Xxxxxxxxxxxxx Title: Vice President BERWICK DELAWARE, INC., a Delaware corporation By: /s/ Xxxxxxx X. Xxxxxxxxxxxxx Name: Xxxxxxx X. Xxxxxxxxxxxxx Title: President BERWICK OFFRAY LLC, a Delaware limited liability company By: /s/ Xxxxxxx X. Xxxxxxxxxxxxx Name: Xxxxxxx X. Xxxxxxxxxxxxx Title: Vice President XXXX INC., a Tennessee corporation By: /s/ Xxxxxxx X. Xxxxxxxxxxxxx Name: Xxxxxxx X. Xxxxxxxxxxxxx Title: Vice President PHILADELPHIA INDUSTRIES, INC., a Delaware corporation By: /s/ Xxxxxxx X. Xxxxxxxxxxxxx Name: Xxxxxxx X. Xxxxxxxxxxxxx Title: President LLM HOLDINGS, INC., Delaware corporation By: /s/ Xxxxxxx X. Xxxxxxxxxxxxx Name: Xxxxxxx X. Xxxxxxxxxxxxx Title: President THE PAPER MAGIC GROUP, INC., a Delaware corporation By: /s/ Xxxxxxx X. Xxxxxxxxxxxxx Name: Xxxxxxx X. Xxxxxxxxxxxxx Title: President LION RIBBON COMPANY, INC., a Delaware corporation By: /s/ Xxxxxxx X. Xxxxxxxxxxxxx Name: Xxxxxxx X. Xxxxxxxxxxxxx Title: Vice President
Sample 1
CONSENT AND ACKNOWLEDGMENT OF GUARANTORS. The undersigned Guarantors hereby consent to the foregoing Waiver. ServiceSource Delaware, Inc. agrees that its Guaranty dated as of July 5, 2012, in favor of the Lender, and all collateral and security therefor, shall remain in full force and effect notwithstanding the Existing Event of Default or waiver thereof made above; and Scout Analytics, Inc. agrees that its Guaranty dated as of January 21, 2014, in favor of the Lender, and all collateral and security therefor, shall remain in full force and effect notwithstanding the Existing Event of Default or waiver thereof made above. Dated: August 1, 2014. SERVICESOURCE DELAWARE, INC. /S/XXXXXX X. XXXXXXX By: XXXXXX X. XXXXXXX Title: CFO SCOUT ANALYTICS, INC. /S/XXXXXX X. XXXXXXX By: XXXXXX X. XXXXXXX Title: CFO
Sample 1

Related to CONSENT AND ACKNOWLEDGMENT OF GUARANTORS

  • 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.

  • 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.

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

  • 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.

  • ACKNOWLEDGMENT AND CONSENT Each Guarantor hereby acknowledges that it has reviewed the terms and provisions of the Credit Agreement and this Amendment and consents to the amendment of the Credit Agreement effected pursuant to this Amendment. Each Guarantor hereby confirms that each Credit Document to which it is a party or otherwise bound and all Collateral encumbered thereby will continue to guarantee or secure, as the case may be, to the fullest extent possible in accordance with the Credit Documents the payment and performance of all “Obligations” under each of the Credit Documents to which is a party (in each case as such terms are defined in the applicable Credit Document). Each Guarantor acknowledges and agrees that any of the Credit Documents to which it is a party or otherwise bound shall continue in full force and effect and that all of its obligations thereunder shall be valid and enforceable and shall not be impaired or limited by the execution or effectiveness of this Amendment. Each Guarantor represents and warrants that all representations and warranties contained in the Amended Agreement and the Credit Documents to which it is a party or otherwise bound are true and correct in all material respects on and as of the First Amendment Effective Date to the same extent as though made on and as of that date, except to the extent such representations and warranties specifically relate to an earlier date, in which case they were true and correct in all material respects on and as of such earlier date. Each Guarantor acknowledges and agrees that (i) notwithstanding the conditions to effectiveness set forth in this Amendment, such Guarantor is not required by the terms of the Credit Agreement or any other Credit Document to consent to the amendments to the Credit Agreement effected pursuant to this Amendment and (ii) nothing in the Credit Agreement, this Amendment or any other Credit Document shall be deemed to require the consent of such Guarantor to any future amendments to the Credit Agreement.

  • Ratification of Guaranty By its execution of this Addendum, CFSC ratifies and confirms its guaranty contained in Article IX of the Credit Agreement with respect to the Japan Local Currency Advances made pursuant to this Addendum which Guaranty remains in full force and effect.

  • Consent and Reaffirmation Each Subsidiary Guarantor hereby consents to this Amendment and the transactions contemplated hereby, and each Loan Party hereby (a) agrees that, notwithstanding the effectiveness of this Amendment, the Guarantee and Collateral Agreement and each of the other Security Documents continue to be in full force and effect, (b) confirms its guarantee of the Obligations (with respect to each Subsidiary Guarantor) and its grant of a security interest in its assets as Collateral therefor, all as provided in the Loan Documents as originally executed and (c) acknowledges that such guarantee and/or grant continue in full force and effect in respect of, and to secure, the Obligations under the Credit Agreement (as amended hereby) and the other Loan Documents.

  • Enforcement of Guaranty In no event shall Agent have any obligation (although it is entitled, at its option) to proceed against any Borrower or any other Credit Party or any Collateral pledged to secure Guaranteed Obligations before seeking satisfaction from any or all of the Guarantors, and Agent may proceed, prior or subsequent to, or simultaneously with, the enforcement of Agent's rights hereunder, to exercise any right or remedy which it may have against any Collateral, as a result of any Lien it may have as security for all or any portion of the Guaranteed Obligations.

  • 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.

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