Common use of GUARANTOR'S ACKNOWLEDGEMENT Clause in Contracts

GUARANTOR'S ACKNOWLEDGEMENT. By signing below, each of the Guarantors (i) acknowledges and consents to the execution, delivery and performance by the Borrower of this First Amendment, (ii) agrees that its obligations in respect of its Guaranty Agreement are not released, modified, impaired or affected in any manner by this First Amendment or any of the provisions contemplated herein, and (iii) acknowledges that it has no claims or offsets against, or defenses or counterclaims to, its Guaranty Agreement.

Appears in 1 contract

Samples: Senior Revolving Credit Facility Agreement (Cash America International Inc)

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GUARANTOR'S ACKNOWLEDGEMENT. By signing below, each of the Guarantors (i) acknowledges acknowledges, consents and consents agrees to the execution, delivery and performance by the Borrower of this First Amendment, (ii) acknowledges and agrees that its obligations in respect of its Subsidiary Guaranty Agreement are not released, modified, impaired or affected in any manner by this First Amendment or any of the provisions contemplated herein, and (iii) ratifies and confirms its obligations under its Subsidiary Guaranty and (iv) acknowledges and agrees that it has no claims or offsets against, or defenses or counterclaims to, its Guaranty AgreementSubsidiary Guaranty.

Appears in 1 contract

Samples: Credit Agreement (Texas Industries Inc)

GUARANTOR'S ACKNOWLEDGEMENT. By signing below, each of the Guarantors (i) acknowledges and consents to the execution, delivery and performance by the Borrower of this First Amendment, (ii) agrees that its obligations in respect of its Subsidiary Guaranty Agreement (a) are not released, modified, impaired or affected in any manner by this First Amendment or any of the provisions contemplated hereinherein and (b) cover the Commitment as increased hereby, and (iii) acknowledges that it has no claims or offsets against, or defenses or counterclaims to, its Guaranty AgreementSubsidiary Guaranty.

Appears in 1 contract

Samples: Credit Agreement (La Quinta Inns Inc)

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GUARANTOR'S ACKNOWLEDGEMENT. By signing below, each of the Guarantors (ia) acknowledges acknowledges, consents and consents agrees to the execution, delivery and performance by the Borrower of this First AmendmentAmendment and the Replacement Notes, and (iib) acknowledges and agrees that its obligations in respect of its Subsidiary Guaranty Agreement or any other Loan Documents executed by it are (i) not released, diminished, waived, modified, impaired or affected in any manner by this First Amendment or any of the provisions contemplated hereinAmendment, (ii) hereby ratified and confirmed and (iii) acknowledges that it has no claims or offsets againstnot subject to any claims, or offsets, defenses or counterclaims to, its Guaranty Agreementcounterclaims.

Appears in 1 contract

Samples: Credit Agreement (Sun Healthcare Group Inc)

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