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).
Appears in 1 contract
Sources: Amendment and Restatement Agreement (Validus Holdings LTD)
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 ’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).
Appears in 1 contract
Sources: Amendment and Restatement Agreement (Validus Holdings LTD)