Common use of REAFFIRMATION OF GUARANTY AGREEMENT Clause in Contracts

REAFFIRMATION OF GUARANTY AGREEMENT. By their execution and delivery hereof, the undersigned Subsidiary Guarantors hereby acknowledge and agree to this Amendment, reaffirm the Subsidiary Guaranty Agreement given in favor of each Noteholder and their respective successors and assigns and acknowledge and agree that Excess Leverage Fees shall constitute additional obligations guaranteed under the Subsidiary Guaranty Agreement.

Appears in 3 contracts

Samples: Pledge Agreement (Sunstone Hotel Investors, Inc.), Note and Guarantee Agreement (Sunstone Hotel Investors, Inc.), Sunstone Hotel Investors, Inc.

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REAFFIRMATION OF GUARANTY AGREEMENT. By their execution and delivery hereof, the undersigned Subsidiary Guarantors hereby acknowledge and agree to this Amendment, reaffirm the Subsidiary Guaranty Agreement given in favor of each Noteholder and their respective successors and assigns and acknowledge and agree that Excess Leverage Fees and Change in Control Prepayment Fees shall constitute additional obligations guaranteed under the Subsidiary Guaranty Agreement.

Appears in 1 contract

Samples: Pledge Agreement (Sunstone Hotel Investors, Inc.)

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