Common use of GUARANTOR’S ACKNOWLEDGMENT Clause in Contracts

GUARANTOR’S ACKNOWLEDGMENT. By signing below, each Guarantor (a) acknowledges, consents and agrees to the execution, delivery and performance by the Borrowers of this Amendment, (b) acknowledges and agrees that its obligations in respect of its Domestic Guaranty or Foreign Guaranty, as applicable, are not released, diminished, waived or modified, impaired or affected in any manner by this Amendment or any of the provisions contemplated herein, (c) ratifies and confirms its obligations under its Domestic Guaranty or Foreign Guaranty, as applicable, and (d) acknowledges and agrees that it has no claims or offsets against, or defenses or counterclaims to, its Domestic Guaranty or Foreign Guaranty, as applicable.

Appears in 2 contracts

Sources: Credit Agreement (COMMERCIAL METALS Co), Credit Agreement (Commercial Metals Co)

GUARANTOR’S ACKNOWLEDGMENT. By signing below, each Domestic Guarantor and Foreign Guarantor (a) acknowledges, consents and agrees to the execution, delivery and performance by the Borrowers of this Amendment, (b) acknowledges and agrees that its obligations in respect of its Domestic Guaranty or Foreign Guaranty, as applicable, are not released, diminished, waived or modified, impaired or affected in any manner by this Amendment or any of the provisions contemplated herein, (c) ratifies and confirms its obligations under its Domestic Guaranty or Foreign Guaranty, as applicable, and (d) acknowledges and agrees that it has no claims or offsets against, or defenses or counterclaims to, its Domestic Guaranty or Foreign Guaranty, as applicable.

Appears in 2 contracts

Sources: Fifth Amendment to Fourth Amended and Restated Credit Agreement (Commercial Metals Co), Credit Agreement (Commercial Metals Co)

GUARANTOR’S ACKNOWLEDGMENT. By signing below, each (a) Guarantor (ai) acknowledges, consents and agrees to the execution, delivery and performance by the Borrowers of this Amendment, (bii) acknowledges and agrees that its obligations in respect of its Domestic Guaranty or Foreign Guaranty, as applicable, are not released, diminished, waived or modified, impaired or affected in any manner by this First Amendment or any of the provisions contemplated herein, (ciii) ratifies and confirms its obligations under its Domestic Guaranty or Foreign Guaranty, as applicable, and (div) acknowledges and agrees that it has no claims or offsets against, or defenses or counterclaims to, its Domestic Guaranty or Foreign Guaranty, and (b) Domestic Guarantor acknowledges and agrees that its Guaranty also covers the full amount of the Term Loans as applicableestablished by this Amendment.

Appears in 1 contract

Sources: Credit Agreement (Commercial Metals Co)