Common use of TO SUBSIDIARY GUARANTY Clause in Contracts

TO SUBSIDIARY GUARANTY. SUPPLEMENT NO. 1 (this "Supplement") dated as of December 6, 2016 to the Subsidiary Guaranty dated as of December 7, 2012 (as amended, supplemented or otherwise modified from time to time, the "Guaranty"), by certain Subsidiaries of Hurco Companies, Inc., an Indiana corporation (the "Borrower"), party thereto (each individually, a "Guarantor" and collectively, the "Guarantors") in favor of the Administrative Agent (as defined below), for the benefit of the Guaranteed Parties. Reference is made to the Credit Agreement dated as of December 7, 2012 (as amended, supplemented or otherwise modified and/or restated from time to time, the "Credit Agreement"), among the Borrower, the lenders from time to time party thereto (the "Lenders") and JPMorgan Chase Bank, N.A. (the "Administrative Agent"). Capitalized terms used herein and not otherwise defined herein shall have the meanings assigned to such terms in the Guaranty and the Credit Agreement. The Guarantors have entered into the Guaranty in order to induce the Guaranteed Parties to extend credit and take other actions pursuant to the Facility Documents. Pursuant to Section 5.09 of the Credit Agreement, the undersigned Subsidiary is required to enter into the Guaranty as a Guarantor. Section 21 of the Guaranty provides that additional Subsidiaries of the Borrower may become Guarantors under the Guaranty by execution and delivery of an instrument in the form of this Supplement. The undersigned Subsidiary of the Borrower (the "New Guarantor") is executing this Supplement in accordance with the requirements of the Credit Agreement to become a Guarantor under the Guaranty in order to induce the Guaranteed Parties to extend and continue the extension of credit pursuant to the Credit Agreement and/or to enter into and perform under other Facility Documents. Accordingly, the Administrative Agent and the New Guarantor agree as follows:

Appears in 1 contract

Samples: Credit Agreement (Hurco Companies Inc)

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TO SUBSIDIARY GUARANTY. SUPPLEMENT NO. 1 (this "Supplement") __ dated as of December 6_____ __, 2016 20__ to the Subsidiary Guaranty dated as of December 7[_____, 2012 20__] (as amended, supplemented or otherwise modified from time to time, the "Guaranty"), by certain Subsidiaries of Hurco Companies__________________, Inc., an Indiana a ________________ corporation (the "Borrower"“Company”), party thereto (each individually, a "Guarantor" and collectively, the "Guarantors") in favor of the Administrative Agent (as defined below), for the benefit of the Guaranteed Parties. Reference is made to the Credit Agreement dated as of December 7June 16, 2012 2016 (as amended, restated, amended and restated, supplemented or otherwise modified and/or restated from time to time, the "Credit Agreement"), among the Company, as a Borrower, the Subsidiary Borrowers party thereto, the lenders from time to time party thereto (the "Lenders") and JPMorgan Chase Bank, N.A. (the "N.A., as Administrative Agent"). Capitalized terms used herein and not otherwise defined herein shall have the meanings assigned to such terms in the Guaranty and the Credit Agreement. The Guarantors have entered into the Guaranty in order to induce the Guaranteed Parties to continue to extend credit and take other actions pursuant to the Facility Loan Documents. Pursuant to Section 5.09 of In connection with the Credit Agreement, the undersigned Subsidiary is required permitted to enter into the Guaranty as a Guarantor. Section 21 12 of the Guaranty provides that additional Subsidiaries of the Borrower Company may become Guarantors under the Guaranty by execution and delivery of an instrument in the form of this Supplement. The undersigned Subsidiary of the Borrower Company (the "New Guarantor") is executing this Supplement in accordance with the requirements of the Credit Agreement to become a Guarantor under the Guaranty in order to induce the Guaranteed Parties to extend and continue the extension of credit pursuant to the Credit Agreement and/or to enter into and perform under other Facility Loan Documents. Accordingly, the Administrative Agent and the New Guarantor agree as follows:

Appears in 1 contract

Samples: Credit Agreement (Cardinal Health Inc)

TO SUBSIDIARY GUARANTY. SUPPLEMENT NO. 1 (this "Supplement") dated as of December 6, 2016 20 to the Subsidiary Guaranty dated as of December 7July 2, 2012 (as amended, supplemented or otherwise modified from time to time, the "Guaranty"), by certain Subsidiaries of Hurco CompaniesSXC Health Solutions Corp., Inc.a corporation organized under the laws of the Yukon Territory, an Indiana corporation Canada (the "Borrower"), party thereto (each individually, a "Guarantor" and collectively, the "Guarantors") in favor of the Administrative Agent (as defined below), for the benefit of the Guaranteed Parties. Reference is made to the Credit Agreement dated as of December 7July 2, 2012 (as amended, supplemented or otherwise modified and/or restated from time to time, the "Credit Agreement"), among the Borrower, the lenders from time to time party thereto (the "Lenders") and JPMorgan Chase Bank, N.A. (the "Administrative Agent"). Capitalized terms used herein and not otherwise defined herein shall have the meanings assigned to such terms in the Guaranty and the Credit Agreement. The Guarantors have entered into the Guaranty in order to induce the Guaranteed Parties to extend credit and take other actions pursuant to the Facility Documents. Pursuant to Section 5.09 of the Credit Agreement, the undersigned Subsidiary is required to enter into the Guaranty as a Guarantor. Section 21 of the Guaranty provides that additional Subsidiaries of the Borrower may become Guarantors under the Guaranty by execution and delivery of an instrument in the form of this Supplement. The undersigned Subsidiary of the Borrower (the "New Guarantor") is executing this Supplement in accordance with the requirements of the Credit Agreement to become a Guarantor under the Guaranty in order to induce the Guaranteed Parties to extend and continue the extension of credit pursuant to the Credit Agreement and/or to enter into and perform under other Facility Documents. Accordingly, the Administrative Agent and the New Guarantor agree as follows:

Appears in 1 contract

Samples: Subsidiary Guaranty (SXC Health Solutions Corp.)

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TO SUBSIDIARY GUARANTY. SUPPLEMENT NO. 1 __ (this "Supplement") dated as of December 6_______________, 2016 20__ to the Subsidiary Guaranty dated as of December 716, 2012 2011 (as amended, supplemented or otherwise modified from time to time, the "Guaranty"), by certain Subsidiaries of Hurco CompaniesSXC Health Solutions Corp., Inc.a corporation organized under the laws of the Yukon Territory, an Indiana corporation Canada (the "Borrower"), party thereto (each individually, a "Guarantor" and collectively, the "Guarantors") in favor of the Administrative Agent (as defined below), for the benefit of the Guaranteed Parties. Reference is made to the Credit Agreement dated as of December 716, 2012 2011 (as amended, supplemented or otherwise modified and/or restated from time to time, the "Credit Agreement"), among the Borrower, the lenders from time to time party thereto (the "Lenders") and JPMorgan Chase Bank, N.A. (the "Administrative Agent"). Capitalized terms used herein and not otherwise defined herein shall have the meanings assigned to such terms in the Guaranty and the Credit Agreement. The Guarantors have entered into the Guaranty in order to induce the Guaranteed Parties to extend credit and take other actions pursuant to the Facility Documents. Pursuant to Section 5.09 of the Credit Agreement, the undersigned Subsidiary is required to enter into the Guaranty as a Guarantor. Section 21 of the Guaranty provides that additional Subsidiaries of the Borrower may become Guarantors under the Guaranty by execution and delivery of an instrument in the form of this Supplement. The undersigned Subsidiary of the Borrower (the "New Guarantor") is executing this Supplement in accordance with the requirements of the Credit Agreement to become a Guarantor under the Guaranty in order to induce the Guaranteed Parties to extend and continue the extension of credit pursuant to the Credit Agreement and/or to enter into and perform under other Facility Documents. Accordingly, the Administrative Agent and the New Guarantor agree as follows:

Appears in 1 contract

Samples: Subsidiary Guaranty (SXC Health Solutions Corp.)

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