Common use of Reaffirmation of the Guaranty Clause in Contracts

Reaffirmation of the Guaranty. Each Guarantor hereby ratifies, confirms, acknowledges and agrees that its obligations under Article VIII of the Credit Agreement are in full force and effect and that such Guarantor continues to unconditionally and irrevocably guarantee the full and punctual payment, when due, whether at stated maturity or earlier by acceleration or otherwise, all of the Guaranteed Liabilities, as such Guaranteed Liabilities may have been amended by this Amendment, and its execution and delivery of this Amendment do not indicate or establish an approval or consent requirement by such Guarantor under the Credit Agreement in connection with the execution and delivery of amendments, consents or waivers to the Credit Agreement or any of the other Loan Documents.

Appears in 4 contracts

Samples: Credit Agreement (Clayton Williams Energy Inc /De), Credit Agreement (Clayton Williams Energy Inc /De), Credit Agreement (Clayton Williams Energy Inc /De)

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Reaffirmation of the Guaranty. Each Guarantor hereby ratifies, confirms, acknowledges and agrees that its obligations under Article VIII of the Credit Agreement are in full force and effect and that such Guarantor continues to unconditionally and irrevocably guarantee the full and punctual payment, when due, whether at stated maturity or earlier by acceleration or otherwise, of all of the Guaranteed LiabilitiesObligations, as such Guaranteed Liabilities Obligations may have been amended by this AmendmentAgreement, and its execution and delivery of this Amendment do Agreement does not indicate or establish an approval or consent requirement by such Guarantor under the Credit Agreement in connection with the execution and delivery of amendments, consents or waivers to the Credit Agreement or any of the other Loan Documents.

Appears in 3 contracts

Samples: Credit and Guaranty Agreement (Lilis Energy, Inc.), Credit and Guaranty Agreement (Lilis Energy, Inc.), Credit and Guaranty Agreement (Lilis Energy, Inc.)

Reaffirmation of the Guaranty. Each Guarantor hereby ratifies, confirms, acknowledges and agrees that its obligations under Article VIII of the Credit Agreement are in full force and effect and that such Guarantor continues to unconditionally and irrevocably guarantee the full and punctual payment, when due, whether at stated maturity or earlier by acceleration or otherwise, all of the Guaranteed Liabilities, as such Guaranteed Liabilities may have been amended by this Amendment, and its execution and delivery of this Amendment do does not indicate or establish an approval or consent requirement by such Guarantor under the Credit Agreement in connection with the execution and delivery of amendments, consents or waivers to the Credit Agreement or any of the other Loan Documents.

Appears in 3 contracts

Samples: Credit Agreement (Clayton Williams Energy Inc /De), Credit Agreement (Clayton Williams Energy Inc /De), Credit Agreement (Clayton Williams Energy Inc /De)

Reaffirmation of the Guaranty. Each The Guarantor hereby ratifies, confirms, and acknowledges and agrees that its obligations under Article VIII of the Credit Agreement Guaranty are in full force and effect and that such the Guarantor continues to unconditionally and irrevocably guarantee the full and punctual payment, when due, whether at stated maturity or earlier by acceleration or otherwise, all of the Guaranteed Liabilities, Obligations as such Guaranteed Liabilities may Obligations have been increased and amended by this Amendment, and Agreement. The Guarantor hereby acknowledges that its execution and delivery of this Amendment do Agreement does not indicate or establish an approval or consent requirement by such the Guarantor under the Credit Agreement in connection with the execution and delivery of amendments, consents or waivers amendments to the Credit Agreement Agreement, the Notes, the ISDA Agreement, or any of the other Loan Transaction Documents.

Appears in 3 contracts

Samples: 4 and Waiver (Tekoil & Gas Corp), 3 and Waiver (Tekoil & Gas Corp), And Waiver (Tekoil & Gas Corp)

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Reaffirmation of the Guaranty. Each The Guarantor hereby ratifies, confirms, acknowledges and agrees that its obligations under Article VIII IX of the Credit Agreement are in full force and effect and that such the Guarantor continues to unconditionally and irrevocably guarantee the full and punctual payment, when due, whether at stated maturity or earlier by acceleration or otherwise, of all the Guaranteed Obligations (as defined in Section 9.1(a) of the Guaranteed Liabilities, as such Guaranteed Liabilities may have been amended by this AmendmentCredit Agreement), and its execution and delivery of this Amendment do Agreement does not indicate or establish an approval or consent requirement by such the Guarantor under Article IX of the Credit Agreement or otherwise, in connection with the execution and delivery of amendments, consents or waivers to the Credit Agreement or any of the other Loan Credit Documents.

Appears in 3 contracts

Samples: Credit Agreement (Jagged Peak Energy Inc.), Credit Agreement (Jagged Peak Energy Inc.), Credit Agreement (Jagged Peak Energy Inc.)

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