Common use of Ratification of Guaranties Clause in Contracts

Ratification of Guaranties. Each of Parent and by their signature below SLB and JCH, reaffirms its respective obligations under its respective Guaranty, agrees that its respective Guaranty shall remain in full force and effect not withstanding execution of this Amendment and the Amendment Documents, and agrees that its respective Guaranty and the Loan Agreement shall continue to be legal, valid and binding obligations of such Guarantor, enforceable in accordance with the terms therein with regard to the Indebtedness.

Appears in 5 contracts

Samples: Loan Agreement (Homeland Holding Corp), Loan Agreement (Homeland Holding Corp), Loan Agreement (Homeland Holding Corp)

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Ratification of Guaranties. Each of Parent and by their signature below SLB and JCH, reaffirms its respective obligations under its respective GuarantyGuarany, agrees that its respective Guaranty shall remain in full force and effect not withstanding execution of this Amendment and the Amendment Documents, and agrees that its respective Guaranty and the Loan Agreement shall continue to be legal, valid and binding obligations of such Guarantor, enforceable in accordance with the terms therein with regard to the Indebtedness.

Appears in 1 contract

Samples: Loan Agreement (Homeland Holding Corp)

Ratification of Guaranties. Each of Parent and by SLB reaffirms their signature below SLB and JCH, reaffirms its respective obligations under its their respective Guaranty, agrees that its their respective Guaranty shall remain in full force and effect not withstanding notwithstanding execution of this Amendment and the Amendment Documents, and agrees that its their respective Guaranty and the Loan Agreement shall continue to be legal, valid and binding obligations of such Guarantor, enforceable in accordance with the terms therein with regard to the IndebtednessObligations (as defined in such Guaranty).

Appears in 1 contract

Samples: Loan Agreement (Homeland Holding Corp)

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Ratification of Guaranties. Each of Parent and by their signature below Parent, SLB and JCH, JCH reaffirms its their respective obligations under its their respective Guaranty, agrees that its their respective Guaranty shall remain in full force and effect not withstanding notwithstanding execution of this Amendment and the Amendment Documents, and agrees that its their respective Guaranty and the Loan Agreement shall continue to be legal, valid and binding obligations of such Guarantor, enforceable in accordance with the terms therein with regard to the IndebtednessObligations (as defined in such Guaranty).

Appears in 1 contract

Samples: Loan Agreement (Homeland Holding Corp)

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