Reaffirmation of Guaranty definition

Reaffirmation of Guaranty means the Acknowledgment and Reaffirmation of Guaranty, dated as of November 3, 1997, executed by PLMI in favor of Lenders reaffirming its obligations under the Guaranty. "Regulations G, T, U and X" means, collectively, Regulations G, T, U and X adopted by the Federal Reserve Board (12 C.F.R. Parts 207, 220, 221 and 224, respectively) and any other regulation in substance substituted therefor.

Reaffirmation of Guaranty means the amendment and reaffirmation, dated as of the date hereof, by the Guarantors listed on the Guarantors Schedule (other than the Parent) in favor of the Administrative Agent for the benefit of the Secured Parties, of the Guaranty.

Reaffirmation of Guaranty means, the Reaffirmation of Guaranty, dated as of the Closing Date, executed by each person that executed a Guaranty or Reaffirmation of Guaranty in connection with the 2004 Credit Agreement.

Examples of Reaffirmation of Guaranty in a sentence

• Reaffirmation of Guaranty delivered by Electromed Financial, LLC to U.S. Bank National Association as of November 8, 2011, incorporated herein by reference to Exhibit 10.3 to the Registrant’s Quarterly Report on Form 10-Q for the quarter ended December 31, 2011, filed with the Commission on February 14, 2012.

• Reaffirmation of Guaranty delivered by Electromed Financial, LLC to U.S. Bank National Association as of December 30, 2011, incorporated herein by reference to Exhibit 10.6 to the Registrant’s Quarterly Report on Form 10-Q for the quarter ended December 31, 2011, filed with the Commission on February 14, 2012.

• Nothing in this Reaffirmation of Guaranty and the Guaranty shall preclude any party from seeking equitable relief from a court of competent jurisdiction.

• Bank and Guarantor agree that all disputes, claims and controversies between them, whether individual, joint, or class in nature, arising from this Reaffirmation of Guaranty and the Guaranty, including without limitation contract and tort disputes, shall be arbitrated pursuant to the rules of the American Arbitration Association (“AAA”) in accordance with its Commercial Arbitration Rules and Supplemental Procedures for Financial Services Disputes, upon request of either party.

• No act to take or dispose of any collateral securing this Reaffirmation of Guaranty and the Guaranty shall constitute a waiver of this arbitration agreement or be prohibited by this arbitration agreement.

More Definitions of Reaffirmation of Guaranty

Reaffirmation of Guaranty means any Reaffirmation of Guaranty under which Guarantor confirms and/or restates Guarantor’s liabilities, obligations and agreements under the Guaranty of the Indebtedness and Obligations of Borrower to the Lenders and the Agent under the Agreement.

Reaffirmation of Guaranty means, collectively, the Reaffirmation of Guaranty dated July 28, 1999 and the Reaffirmation of Guaranty dated December 6, 1999 from each Dealership Guarantor and each Subsidiary Holding Company to Lender, pursuant to which each Dealership Guarantor and each Subsidiary Holding company reaffirmed its guaranty of the Obligations as such Obligations have been amended, restated and/or increased."

Reaffirmation of Guaranty means the Acknowledgement and Reaffirmation of Guaranty, dated as of December 15, 1998, executed by PLMI in favor of Lenders reaffirming its obligations under the Guaranty.

Reaffirmation of Guaranty means the Acknowledgement of Amendment and Restatement of the Term Loan Agreement and Reaffirmation of Guaranty, dated as of even date with this Agreement, executed by the Guarantors party thereto, in favor of the Banks, the Agent, the Managing Agent and the Interest Rate Providers, reaffirming the validity and enforceability of the Guaranty.

Reaffirmation of Guaranty shall have the meaning given such term in Paragraph 8(b) above.

Reaffirmation of Guaranty shall have the meaning specified in paragraph 3A(1)(iii).

Reaffirmation of Guaranty is that certain reaffirmation of guaranty in the form attached hereto as Exhibit B.