Common use of Ratification by Guarantors Clause in Contracts

Ratification by Guarantors. Each of ShowBiz Nevada, Inc., a Nevada corporation, ShowBiz Merchandising, Inc., a Nevada corporation, SPT Properties Company, Inc., a Nevada corporation, and ShowBiz Cayman Islands, Inc., a Cayman Islands corporation, ratifies and confirms its respective Guarantee Agreements dated as of September 29, 1997, as being binding and continuing and consent to the terms of this Agreement.

Ratification by Guarantors. Each of ShowBiz Nevada, Inc., a Nevada corporation, ShowBiz Merchandising, Inc., a Nevada corporation, SPT Properties Company, Inc., a Nevada corporation, and ShowBiz Cayman Islands, Inc., a Cayman Islands corporation, ratifies and confirms its respective Guarantee Agreements Agreement dated as of September 29, 1997, as being binding and continuing and consent continuing, consents to the terms of this AgreementAgreement and acknowledges that the Indebtedness evidenced by the Supplemental Note is and shall be part of the Guaranteed Obligations, as defined in its Guarantee.

Ratification by Guarantors. Each of ShowBiz Nevada, Inc., a Nevada corporation, ShowBiz MerchandisingMerchandizing, Inc., a Nevada corporation, SPT Properties Company, Inc., a Nevada corporation, and ShowBiz Cayman Islands, Inc., a Cayman Islands corporation, ratifies and confirms its respective Guarantee Agreements dated as of September 29, 1997, as being binding and continuing and consent to the terms of this Agreement.