Ratification of Guaranty. By its execution of this Addendum, CFSC ratifies and confirms its guaranty contained in Article IX of the Credit Agreement with respect to the Japan Local Currency Advances made pursuant to this Addendum which Guaranty remains in full force and effect.
Ratification of Guaranty. Each of the other Credit Parties signatory hereto hereby ratifies and confirms its guaranty to Agent and Lenders (the "Guaranty"). Each Credit Party hereby represents and acknowledges that it has no claims, counterclaims, offsets, credits or defenses to the Loan Documents or the performance of its obligations thereunder. Furthermore, each Credit Party agrees that nothing contained in this Amendment shall adversely affect any right or remedy of Agent or Lenders under the Guaranty. Each Credit Party agrees that all references in such Guaranty to the "Obligations" shall include, without limitation, all of the obligations of Borrowers to Agent and Lenders under the Credit Agreement, as amended hereby. Finally, each Credit Party hereby represents and acknowledges that the execution and delivery of this Amendment and the other Loan Documents executed in connection herewith shall in no way change or modify its obligations as a guarantor, debtor, pledgor, assignor, obligor and/or grantor under the Guaranty and shall not constitute a waiver by Agent or Lenders of any of their rights against the other Credit Parties signatory thereto.
Ratification of Guaranty. Each Guarantor hereby consents to this Amendment and hereby confirms and agrees that (a) notwithstanding the effectiveness of this Amendment, the Guaranty is, and shall continue to be, in full force and effect and is hereby ratified and confirmed in all respects, except that, on and after the effectiveness of this Amendment, each reference in the Guaranty to the “Agreement”, “thereunder”, “thereof” or words of like import referring to the Credit Agreement shall mean and be a reference to the Credit Agreement as amended by this Amendment, and (b) the Loan Documents to which it is a party and all of the Collateral described therein do, and shall continue to, secure the payment of all of the Obligations secured thereby.
Ratification of Guaranty. As inducement for the Lender to enter into the First Amendment to Revolving Credit and Term Loan Agreement (“Amendment”) dated effective September 30, 2005, to which this Ratification is affixed, the undersigned Guarantors each hereby agree to Section 5 of the Amendment and further hereby ratifies and confirms its Guaranty Agreement. Tulsat Corporation, an Oklahoma corporation By /s/ Xxxxx Xxxxxxx Xxxxx Xxxxxxx, President ADDvantage Technologies Group of Missouri, Inc., a Missouri corporation By /s/ Xxxxx Xxxxxxx Xxxxx Xxxxxxx, Vice President ADDvantage Technologies Group of Nebraska, Inc., a Nebraska corporation By /s/ Xxx Xxxxxxx Xxx Xxxxxxx, Vice President ADDvantage Technologies Group of Texas, Inc., a Texas corporation By /s/ Xxx Xxxxxxx Xxx Xxxxxxx, Vice President NCS Industries, Inc., a Pennsylvania corporation By /s/ Xxxxx Xxxxxxx Xxxxx Xxxxxxx, President Tulsat Atlanta, LLC, an Oklahoma limited liability company (a subsidiary of Tulsat Corporation) By: ADDvantage Technologies Group, Inc. Its sole member and Manager By /s/ Xxxxx Xxxxxxx Xxxxx Xxxxxxx, Chairman of the Board Schedule “2.1.2” ($7,000,000 Line Note) PROMISSORY NOTE $7,000,000 September 30, 2005 Tulsa, Oklahoma FOR VALUE RECEIVED, the undersigned, ADDVANTAGE TECHNOLOGIES GROUP, INC., AN Oklahoma corporation (“Maker”), promises to pay to the order of BANK OF OKLAHOMA, N.A. (“Lender”), at its offices in Tulsa, Oklahoma, the principal sum of SEVEN MILLION AND NO/100 DOLLARS ($7,000,000,00) or, if less, the aggregate sum of advances made by Lender to Maker under the Revolving Credit and Term Loan Agreement between Maker and Lender dated September 30, 2004 (as amended, the “Credit Agreement”), payable as follows:
Ratification of Guaranty. Guarantor, by execution of the ratification following the signature page hereof, hereby agrees to this Amendment and hereby ratifies and confirms the Guaranty; and further confirms that, after giving effect to the amendments provided for herein, the Guaranty shall continue in full force and effect, and that each representation and warranty set forth therein remains true and correct as of the date hereof.
Ratification of Guaranty. Each of the undersigned guarantors (each a “Guarantor”) hereby acknowledges and consents to the foregoing Second Amendment as of October 20, 2014, and agrees that each of (a) the Second Amended and Restated Guaranty dated as of December 16, 2013 (as amended and in effect from time to time, the “Original Guaranty”) from each of Global Partners LP and Xxxxxx Oil LLC; and (b) the Guarantee dated as of September 8, 2014 (as amended and in effect from time to time, the “Canada Guaranty”) from Global Partners Energy Canada ULC remains in full force and effect, and each of the Guarantors confirms and ratifies all of its obligations thereunder and under each of the other Loan Documents to which such Guarantor is a party. Notwithstanding anything to the contrary contained herein, the parties thereto hereby acknowledge, agree and confirm that as of the date hereof, each of the Original Guaranty and the Canada Guaranty remains in full force and effect. GLOBAL PARTNERS LP By: Global GP LLC, its general partner By: /s/Xxxxxx X. Xxxxxx Title: Chief Financial Officer XXXXXX OIL LLC By: Alliance Energy LLC, its sole member By: Global Operating LLC, its sole member By: Global Partners LP, its sole member By: Global GP LLC, its general partner By: /s/Xxxxxx X. Xxxxxx Title: Chief Financial Officer GLOBAL PARTNERS ENERGY CANADA ULC By: /s/Xxxxxx X. Xxxxxx Title: Chief Financial Officer Exhibit A Increasing Lender Committed Amount if Borrowers Elect $150,000,000 Increase Committed Amount if Borrowers Elect $75,000,000 Increase Customers Bank $ 14,400,000 $ 7,200,000 Bank of America, N.A. $ 11,600,000 $ 5,800,000 BNP Paribas $ 11,600,000 $ 5,800,000 Citizens Bank, N.A. $ 11,600,000 $ 5,800,000 XX Xxxxxx Chase Bank, N.A. $ 11,600,000 $ 5,800,000 Societe Generale $ 11,600,000 $ 5,800,000 The Bank of Tokyo-Mitsubishi UFJ, Ltd. NY Branch $ 11,600,000 $ 5,800,000 Xxxxx Fargo Bank, N.A. $ 11,600,000 $ 5,800,000 BMO Xxxxxx Financing, Inc. $ 7,800,000 $ 3,900,000 Cooperatieve Centrale Raiffeisen-Boerenleenbank B.A., “Rabobank Nederland” New York Branch $ 7,800,000 $ 3,900,000 Santander Bank, N.A. $ 7,800,000 $ 3,900,000 Sumitomo Mitsui Banking Corporation, NY Branch $ 6,550,000 $ 3,275,000 Natixis, New York Branch $ 5,200,000 $ 2,600,000 The Huntington National Bank $ 5,000,000 $ 2,500,000 Credit Agricole Corporate and Investment Bank $ 4,550,000 $ 2,275,000 Regions Bank $ 4,200,000 $ 2,100,000 Cadence Bank, N.A. $ 3,000,000 $ 1,500,000 Blue Hills Bank $ 2,500,000 $ 1,250,000
Ratification of Guaranty. Each Guarantor hereby ratifies and confirms its Guaranty and each Guarantor hereby represents and acknowledges that it has no claims, counterclaims, offsets, credits or defenses to the Loan Documents or the performance of its obligations thereunder. Furthermore, each Guarantor agrees that nothing contained in this Amendment shall adversely affect any right or remedy of the Administrative Agent or the Lenders under its respective Guaranty. Each Guarantor agrees that all references in such Guaranty to either the “Guaranteed Obligations” or the “Guarantied Obligations”, as applicable, shall include, without limitation, all of the obligations of the Borrower to the Administrative Agent and the Lenders under the Credit Agreement, as amended by this Amendment. Finally, each Guarantor hereby represents and warrants that the execution and delivery of this Amendment and the other Loan Documents executed in connection herewith shall in no way change or modify its obligations as a guarantor, debtor, pledgor, assignor, obligor and/or grantor under its respective Guaranty and shall not constitute a waiver by the Administrative Agent or the Lenders of any of their rights against such Guarantor.
Ratification of Guaranty. Each of Holdings, SDI, PFSweb and PFS hereby ratify and confirm their respective guaranties in favor of IBM GF and agree that such guaranties remain in full force and effect and that the term “Liabilities”, as used therein include, without limitation the indebtedness liabilities and obligations of SDSA under the Agreement as amended hereby. SDI hereby ratifies and confirms its Notes Payable Subordination Agreement executed by SDI on March 29, 2002 and confirms such Notes Payable Subordination Agreement remains in full force and effect.
Ratification of Guaranty. Far East hereby: (i) confirms and agrees that, notwithstanding this Amendment and consummation of the transactions contemplated hereby, the Guaranty Agreement dated as of December 28, 2016 and executed by Far East (the “Far East Guaranty”) and all of Far East’s covenants, obligations, agreements, waivers and liabilities under the Far East Guaranty continue in full force and effect in accordance with their terms with respect to the obligations guaranteed, as the same may be modified by this Amendment; (ii) reaffirms its waivers of each and every one of the defenses to such obligations as set forth in the Far East Guaranty; (iii) reaffirms that Far East’s obligations under the Far East Guaranty are separate and distinct from the obligations of any other party under the Loan Agreement (as modified by this Amendment) and the other Loan Documents; and (iv) waives any defense which might arise due to the execution and delivery of this Amendment, and the performance of the terms hereof or of the Loan Agreement (as modified by this Amendment).
Ratification of Guaranty. Each of the undersigned guarantors (each a “Guarantor”) hereby acknowledges and consents to the foregoing Sixth Amendment as of November 29, 2007, and agrees that the Guaranty dated as of October 4, 2005 (as amended and in effect from time to time, the “Guaranty”) from each of the undersigned Guarantors remains in full force and effect, and each of the Guarantors confirms and ratifies all of its obligations thereunder. Notwithstanding anything to the contrary contained herein, the parties thereto hereby acknowledge, agree and confirm that as of the date hereof, the Guaranty remains in full force and effect. GLOBAL PARTNERS LP By: Global GP LLC, its general partner By: /s/ Xxxxxxx Xxxxxxxx Title: Executive Vice President, Treasurer & Chief Accounting Officer GLOBAL GP LLC By: /s/ Xxxxxxx Xxxxxxxx Title: Executive Vice President, Treasurer & Chief Accounting Officer
