Common use of RATIFICATION AND AFFIRMATION OF GUARANTY Clause in Contracts

RATIFICATION AND AFFIRMATION OF GUARANTY. Each Guarantor hereby expressly (i) acknowledges the terms of this Second Amendment, (ii) ratifies and affirms its obligations under its Guaranty Agreement dated as of October 30, 2000, in favor of the Administrative Agent and the Lenders, as amended, supplemented or otherwise modified (the "Guaranty Agreement"), (iii) acknowledges, renews and extends its continued liability under the

Appears in 1 contract

Sources: Credit Agreement (Callon Petroleum Co)

RATIFICATION AND AFFIRMATION OF GUARANTY. Each Guarantor of the Guarantors hereby expressly (i) acknowledges the terms of this Second First Amendment, (ii) ratifies and affirms its obligations under its the Second Amended and Restated Guaranty Agreement dated as of October 30January 28, 20001997, in favor of the Administrative Agent Agent, the Documentation Agent, the Issuing Bank and the Lenders, as amended, supplemented or otherwise modified (the "Guaranty Agreement"), (iii) acknowledges, renews and extends its continued liability under thethe Guaranty Agreement and agrees that such Guaranty

Appears in 1 contract

Sources: Credit Agreement (Tesoro Petroleum Corp /New/)