Common use of Consent of Guarantor Clause in Contracts

Consent of Guarantor. Each of the Guarantors hereby expressly consent to the execution and delivery of this Amendment by each of the parties to this Amendment, including Banks and Banc One Leasing, and to the performance by Borrower, Guarantors, Agent, Banks and Banc One Leasing pursuant to this Amendment and agrees that neither the provisions of this Amendment nor any action taken or not taken in accordance with the terms of this Amendment shall constitute a termination, extinguishment, release or discharge of any of the Obligations or the liability of the Borrower with respect thereto or the obligations of any Guarantor or provide a defense, setoff or counterclaim to the Borrower or any Guarantor with respect to any of the Obligations under the Credit Agreement, any Guarantee in favor of Agents or Banks, as applicable, or any Lease now existing or hereafter arising.

Appears in 3 contracts

Samples: Waiver Agreement (Analytical Surveys Inc), Waiver Agreement (Analytical Surveys Inc), Waiver Agreement (Analytical Surveys Inc)

AutoNDA by SimpleDocs

Consent of Guarantor. Each of the Guarantors hereby expressly consent consents to the execution and delivery of this Amendment by each of the parties to this Amendment, including Banks and Banc One Leasing, and to the performance by Borrower, Guarantors, Agent, Banks and Banc One Leasing pursuant to this Amendment and agrees that neither the provisions of this Amendment nor any action taken or not taken in accordance with the terms of this Amendment shall constitute a termination, extinguishment, release or discharge of any of the Obligations or the liability of the Borrower with respect thereto or the obligations of any Guarantor or provide a defense, setoff or counterclaim to the Borrower or any Guarantor with respect to any of the Obligations under the Credit Agreement, any Guarantee Guaranty in favor of Agents or Banks, as applicable, or any Lease now existing or hereafter arising.

Appears in 3 contracts

Samples: Waiver Agreement (Analytical Surveys Inc), Waiver Agreement (Analytical Surveys Inc), Waiver Agreement (Analytical Surveys Inc)

AutoNDA by SimpleDocs

Consent of Guarantor. Each of the Guarantors hereby expressly consent consents to the execution and delivery of this Amendment by each of the parties to this Amendment, including Banks and Banc One Leasing, and to the performance by Borrower, Guarantors, Agent, Banks and Banc One Leasing pursuant to this Amendment and agrees that neither the provisions of this Amendment nor any action taken or not taken in accordance with the terms of this Amendment shall constitute a termination, extinguishment, release or discharge of any of the Obligations evidenced by the New Term Notes or the liability of the Borrower with respect thereto or the obligations of any Guarantor or provide a defense, setoff or counterclaim to the Borrower or any Guarantor with respect to any of the unpaid Obligations under the Credit Agreement, any Guarantee Guaranty in favor of Agents or Banks, as applicable, or any Lease now existing or hereafter arising.

Appears in 1 contract

Samples: Waiver Agreement (Analytical Surveys Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.