Common use of CONSENT AND REAFFIRMATION OF GUARANTOR Clause in Contracts

CONSENT AND REAFFIRMATION OF GUARANTOR. (a) The Guarantor hereby acknowledges that it has reviewed and understands the terms and provisions of this Amendment, consents to this Amendment and ratifies, reaffirms, confirms and restates its obligations under the Guaranty, as amended and restated in connection with this Amendment. (b) To induce the Banks and the Agent to enter into this Amendment, the Guarantor represents and warrants that (i) it has the power to enter into and perform this Amendment; (ii) the making and performance of this Amendment by the Guarantor has been duly authorized by all necessary corporate action and will not violate any provision of law or the Guarantor's articles or certificate of incorporation or bylaws, or result in the breach of, or constitute a default under, any agreement or instrument to which the Guarantor is a party or by which it or its properties may be bound or affected, or result in the creation of any lien, charge or encumbrance, approval, authorization, declaration, exemption or other action by, or require notice to any Governmental Authority or any other person or entity in connection with the execution, delivery, performance, validity or enforcement of this Amendment or any other agreement, instrument or document to be executed and delivered pursuant hereto.

CONSENT AND REAFFIRMATION OF GUARANTOR. (a) The Guarantor hereby acknowledges that it has reviewed and understands the terms and provisions of this Amendment, consents to this Amendment and ratifies, reaffirms, confirms and restates its obligations under the Guaranty, as amended and restated in connection with this Amendment. (b) To induce the Banks and the Agent to enter into this Amendment, the Guarantor represents and warrants that (i) it has the power to enter into and perform this Amendment; (ii) the making and performance of this Amendment by the Guarantor has been duly authorized by all necessary corporate action and will not violate any provision of law or the Guarantor's articles or certificate of incorporation or bylaws, or result in the breach of, or constitute a default under, any agreement or instrument to which the Guarantor is a party or by which it or its properties may be bound or affected, or result in the creation of any lien, charge or encumbrance, approval, authorization, declaration, exemption or other action by, or require notice to any Governmental Authority or any other person or entity in connection with the execution, delivery, performance, validity or enforcement of this Amendment or any other agreement, instrument or document to be executed and delivered pursuant hereto.