Confirmation of Guarantee Obligations Sample Clauses
The Confirmation of Guarantee Obligations clause serves to formally affirm that a guarantor’s commitments under a guarantee remain valid and enforceable. In practice, this clause may require the guarantor to periodically acknowledge their ongoing obligations, especially after amendments to the underlying agreement or in the event of restructuring. Its core function is to prevent disputes about the validity of the guarantee by ensuring all parties recognize and reaffirm the guarantor’s responsibilities, thereby maintaining the integrity and enforceability of the guarantee.
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Confirmation of Guarantee Obligations. Without prejudice to Clause 6.1 (Continuing obligations), each Guarantor confirms for the benefit of the Finance Parties that all of its Guarantee Obligations shall (a) remain in full force and effect notwithstanding the amendments referred to in Clause 4 (Amendment and Restatement) and (b) extend to any new or additional obligations assumed by any Relevant Transaction Obligor under the Finance Documents as a result of this Agreement and/or the other Amendment Documents (including under the Amended and Restated Facility Agreement, the Amended and Restated Security Trustee Agreement, the New Arrangement Fee Letter and the New Syndication Letter).
Confirmation of Guarantee Obligations. For the avoidance of doubt, the Guarantor confirms for the benefit of the Lenders that all guarantee obligations owed by it under the Facility Agreement, as amended by this letter, shall remain in full force and effect.
Confirmation of Guarantee Obligations. For the avoidance of doubt, the Guarantor confirms for the benefit of the Finance Parties that all Guarantee Obligations shall (a) remain in full force and effect notwithstanding the amendments referred to in Clause 3 (Amendments) and (b) extend to any new obligations assumed by any Obligor under the Finance Documents as a result of this Deed (including, but not limited to, under the Amended Facility Agreement).
Confirmation of Guarantee Obligations. For the avoidance of doubt, each Obligor hereby confirms for the benefit of the Finance Parties that, with effect from the Third Effective Date and notwithstanding the designation of any new document as a Finance Document or any additions, amendments, novation, substitution, or supplements of or to the Finance Documents or the imposition of any amended, new or more onerous obligations under the Finance Documents in relation to any Obligor (including, without limitation the amendment and restatement of the Original Facilities Agreement pursuant to this Agreement) the guarantee and indemnity obligations given by it pursuant to clause 19 (Guarantee and Indemnity) of the Original Facilities Agreement shall, subject to the limitations set out in Clause 18 (Guarantee and Indemnity) of the Amended and Restated Facilities Agreement, (a) remain in full force and effect notwithstanding the amendments referred to in Clause 3 (Amendment and Restatement) and (b) extend to any new obligations assumed by any Obligor under the Finance Documents (as amended) as a result of this Agreement (including, but not limited to, under the Amended and Restated Facilities Agreement).
Confirmation of Guarantee Obligations. For the avoidance of doubt, the Guarantor confirms for the benefit of the Finance Parties that its guarantee to each Finance Party of the punctual performance by each other Obligor of all of that Obligor's obligations under the Finance Documents and its indemnity to the Finance Parties each as set out in clause 19 (Guarantee and Indemnity) of the Original Facility Agreement:
(a) remain in full force and effect notwithstanding the amendments referred to in Clause 2 (Restatement); and
(b) extend to any new obligations assumed by any Obligor under the Finance Documents as a result of this Agreement (including, but not limited to, under the Restated Agreement).
Confirmation of Guarantee Obligations. (A) For the avoidance of doubt, the Borrower (for itself and as Obligors’ Agent other than for the Mexican Obligors) confirms for the benefit of the Finance Parties that all Guarantee Obligations owed by a Guarantor under the Amended Facilities Agreement shall remain in full force and effect notwithstanding the amendments referred to in Clause 3 (Amendment of the Facilities Agreement).
(B) For the avoidance of doubt, each Mexican Obligor to the extent that it is a Guarantor confirms for the benefit of the Finance Parties that all Guarantee Obligations owed by it under the Amended Facilities Agreement shall remain in full force and effect notwithstanding the amendments referred to in Clause 3 (Amendment of the Facilities Agreement).
Confirmation of Guarantee Obligations. Each Guarantor confirms for the benefit of the Finance Parties and the Additional Lender that, subject to Clause 4.4 (Resignation of Borrower and Guarantors), its guarantee and indemnity obligations pursuant to clause 18 (Guarantee and Indemnity) of the Original Facilities Agreement:
(a) shall remain in full force and effect notwithstanding:
(i) the designation of any new document as a Financing Document;
(ii) any additions, amendments, novation, substitution or supplements of or to the Financing Documents (including but not limited to the amendments referred to in Clause 3.1 (Restatement of the Original Facilities Agreement)); and
(iii) the imposition of any amended, new or more onerous obligations under the Financing Documents in relation to any Transaction Obligor; and
(b) extend to any new obligations assumed by any Transaction Obligor under any amended or new Financing Documents (including, but not limited to, the Restated Facilities Agreement).
Confirmation of Guarantee Obligations. For the avoidance of doubt, the Guarantor confirms for the benefit of the Finance Parties that the Guarantee shall (a) remain in full force and effect notwithstanding the amendments referred to in Clause 2 (Amendment) and Clause 3 (Fourth Delivery) of this Agreement and the amendment and restatement in Clause 2 (Restatement) of the 2014 Arranging and Upfront Fee Letter Amendment, and (b) extend to any new obligations assumed by any Obligor under the Transaction Documents as a result of this Agreement or the 2014 Arranging and Upfront Fee Letter Amendment.
Confirmation of Guarantee Obligations. The Company confirms for the benefit of the Finance Parties that all guarantee and indemnity obligations owed by it under the Amended Facility Agreement (including under clause 17 (Guarantee and Indemnity) of the Amended Facility Agreement) shall (a) remain in full force and effect notwithstanding the amendments referred to in Clause 3 (Amendments) and (b) extend to any new obligations assumed by the Borrower under the Finance Documents as a result of this Agreement (including, but not limited to, under the Amended Facility Agreement).
Confirmation of Guarantee Obligations. Each Guarantor confirms for the benefit of the Finance Parties that the guarantee and indemnity given by it in clause 17 (Guarantee and Indemnity) under the Revolving Credit Facility Agreement shall:
5.2.1 remain in full force and effect notwithstanding the amendments thereto; and
5.2.2 extend to any new obligations assumed by any Obligor.