Common use of Guarantee Confirmation Clause in Contracts

Guarantee Confirmation. With effect from (and including) the Effective Date, the Obligors’ Agent for and on behalf of each Guarantor confirms and agrees that the guarantees and indemnities set out in clause 19 (Guarantee and indemnity) of the Amended Facilities Agreement shall apply and extend to the obligations of each Obligor under the Finance Documents (as defined in the Amended Facilities Agreement) subject to the guarantee limitations set out in clauses 19.10 (Limitations on guarantee under US law) to 19.15 (French Guarantee Limitations) (inclusive) of the Amended Facilities Agreement.

Appears in 1 contract

Sources: Amendment Agreement (XBP Global Holdings, Inc.)

Guarantee Confirmation. With The Obligors confirms that, with effect from (and including) the Effective Date, the Obligors’ Agent for and on behalf of each Guarantor confirms and agrees that the guarantees and indemnities set out in clause Clause 19 (Guarantee and indemnity) of the Amended Facilities Facility Agreement shall shall: (a) continue to apply in full force and effect in respect of its obligations under the Finance Documents; and (b) extend to the any and all of its new obligations of each Obligor under the Finance Documents (as defined arising from the amendments effected by this Agreement, subject in the Amended Facilities Agreement) subject each case to the any applicable guarantee limitations set out in clauses 19.10 Clause 19.11 (Limitations on guarantee under US law) to 19.15 (French Guarantee Limitations) (inclusive) of the Amended Facilities Agreement).

Appears in 1 contract

Sources: Amendment and Restatement Agreement (Ferguson PLC)