Examples of Seventh Amendment in a sentence
This Seventh Amendment shall be binding upon and inure to the benefit of Xxxxxxxx, Guarantor and Xxxxxx, and their respective heirs, successors and assigns, whether voluntary by act of the parties or involuntary by operation of law.
Borrower and Guarantor further acknowledge and agree that this Seventh Amendment shall in no way occasion a release of any collateral held by Xxxxxx as security to or for the Loan, and that all collateral held by Xxxxxx as security to or for the Loan shall continue to secure the Loan.
Guarantor hereby ratifies, confirms, reaffirms and covenants that the Guaranty which it has executed is validly existing and binding against it under the terms of such Guaranty, as amended by this Seventh Amendment.
This Seventh Amendment is governed by the Document Protocols set forth in Article 9 of the Loan Agreement, which are specifically incorporated herein as if fully set forth herein.
Guarantor has agreed to reaffirm the Guaranty, and the parties are entering into this Seventh Amendment to evidence their agreement.