Ratification of Guarantees Clause Samples

Ratification of Guarantees. Each of the Guarantors hereby acknowledges and consents to all of the terms and conditions of this Amendment and hereby ratifies and confirms its respective guarantee under the Guarantee dated as of December 23, 2004 (the “Guarantee”) for the benefit of the Administrative Agent and Lenders. Each Guarantor hereby represents and acknowledges that the execution and delivery of this Amendment shall in no way change or modify its obligations as a guarantor under the Guarantee and shall not constitute a waiver by either the Administrative Agent or Lenders of any of either the Administrative Agent’s or Lenders’ rights against such Guarantor.
Ratification of Guarantees. Each of the Guarantors hereby acknowledges and consents to all of the terms and conditions of this Agreement and hereby ratifies and confirms its respective guarantee under the Guarantee dated as of August 13, 2002, as amended by that certain Amendment and Confirmation of Guarantee dated as of December 23, 2004 (as so amended, the “Guarantee”) for the benefit of FEMT and FCC. Each Guarantor hereby represents and acknowledges that the execution and delivery of this Agreement shall in no way change or modify its obligations as a guarantor under the Guarantee and shall not constitute a waiver by FEMT or FCC of any of its rights against such Guarantor.
Ratification of Guarantees. Each Loan Party hereby consents to this Amendment and hereby confirms and agrees that (a) notwithstanding the effectiveness of this Amendment, each of the Guarantees to which it is a party is, and shall continue to be, in full force and effect and each such Guarantee is hereby ratified and confirmed in all respects, except that, on and after the effectiveness of this Amendment, each reference in such Guarantees to the “Agreement”, “thereunder”, “thereof” or words of like import referring to the Credit Agreement shall mean and be a reference to the Credit Agreement as amended by this Amendment, and (b) the Security Documents to which it is a party and all of the Security Agreement Collateral described therein do, and shall continue to, secure the payment of all of the “Secured Obligations” (as defined in the Security Agreement).
Ratification of Guarantees. Each of the Guarantors hereby acknowledges and consents to all of the terms and conditions of this Amendment and hereby ratifies and confirms its respective guarantee under the Guaranty dated as of May 2, 2008 (the “Guaranty”) for the benefit of CIT. Each Guarantor hereby represents and acknowledges that the execution and delivery of this Amendment shall in no way diminish or modify its obligations as a Guarantor under the Guaranty and shall not constitute a waiver by CIT of any of CIT’s rights against such Guarantor.
Ratification of Guarantees. Each of (i) the Borrower, in its capacity as a mortgage debtor under the Mortgage, settlor A under the Guarantee Trust, and pledge debtor under the FF&E Pledge, (ii) Operadora Hotelera GI, as settlor B under the Guarantee Trust, (iii) Murano World, as mortgage guarantor under the Mortgage on Playa Delfines Property and settlor C under the Guarantee Trust, (iv) ESC, in its capacity as pledge debtor under the Monaco Pledge, pledge guarantor under the Pledge on Murano World Shares, and settlor D under the Guarantee Trust, and (v) the trustee of Trust CIB/3224, as mortgage guarantor under the Mortgage on Unit 2, (a) hereby express their consent to the execution of this Agreement, (b) expressly ratify, as applicable, the validity and enforceability of the Guarantee Documents to which they are a party, and (c) expressly recognize and ratify, as applicable, that each and every one of the Total Properties, the Trust Estate, the assets pledged under the Monaco Pledge, the Pledge on Murano World Shares, and the FF&E Pledge continue to guarantee all of the Secured Obligations in accordance with the terms and conditions established in the Credit Contract and the other Credit Documents.
Ratification of Guarantees. Each of the undersigned Guarantors hereby acknowledges and consents to the foregoing First Amendment to Amended and Restated Revolving Credit Agreement dated as of March 6, 2006 (the “First Amendment”) among USEC Inc. (“Holdings”), United States Enrichment Corporation (“Enrichment” and, together with Holdings, the “Borrowers”), the Lenders party thereto, JPMorgan Chase Bank, N.A., as administrative agent and collateral agent (the “Administrative Agent”), and the other financial institutions named therein as “agents”, confirms that the obligations of the Borrowers under the Credit Agreement, as amended by the First Amendment, constitute “Guaranteed Obligations” guarantied by and entitled to the benefits of each respective Amended and Restated Guarantee dated as of August 18, 2005 executed and delivered by each such Guarantor to the Administrative Agent, the Issuing Bank, the Lenders and the other Secured Parties (each a “Guarantee” and collectively, the “Guarantees”), agrees that its respective Guarantee remains in full force and effect and ratifies and confirms all of its obligations thereunder. Capitalized terms used but not otherwise defined herein shall have the meanings attributed to them in the Guarantees. NAC HOLDING INC. By: /s/ P▇▇▇▇ ▇▇▇▇▇▇ Name: Title: P▇▇▇▇ ▇▇▇▇▇▇ President NAC INTERNATIONAL INC. By: /s/ P▇▇▇▇ ▇▇▇▇▇▇ Name: Title: P▇▇▇▇ ▇▇▇▇▇▇ President This FIRST AMENDMENT TO SECURITY AGREEMENT dated as of March 6th, 2006 (this “Amendment”), is made by UNITED STATES ENRICHMENT CORPORATION, a Delaware corporation (the “Company”), USEC INC., a Delaware corporation (“Parent”) and, together with the Company, “USEC”), and the UNITED STATES DEPARTMENT OF ENERGY (“DOE”) amends the Security Agreement dated as of February 2, 2005 (as amended, the “Security Agreement”), by USEC in favor of DOE.
Ratification of Guarantees. Each Loan Party hereby consents to this Amendment and hereby confirms and agrees that (a) notwithstanding the effectiveness of this Amendment, each of the Loan Documents to which such person is a party is, and shall continue to be, in full force and effect and each such Loan Document is hereby ratified and confirmed in all respects, in each case as amended by this Amendment, (b) the Security Documents to which such person is a party and all of the Collateral described therein do, and shall continue to, secure the payment of all of the Secured Obligations (as defined in the U.S. Security Agreement) including without limitation the Additional Loans and (c) each Additional [Term/Revolving] Lender (as defined in this Amendment) is a Secured Party.
Ratification of Guarantees. William Rolinski, Blair Murphy and Casimer Zaremba (collectively, t▇▇ "▇▇▇▇▇▇▇▇▇▇") s▇▇▇▇ ▇▇▇▇▇▇▇ thei▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇gations with respect to the Texas Loan by executing a Ratification of Guaranty in substantially the forms of EXHIBIT D attached hereto;
Ratification of Guarantees. Each of the undersigned Guarantors hereby consents to the foregoing Agreement, joins the above Agreement for the purpose of consenting to and being bound by the provisions thereof, and ratifies and confirms its respective obligations under (i) that certain Guaranty, dated as of November 30, 2007 (as amended, restated, or otherwise modified and in effect from time to time), by ABR ADVISORS, INC., ASSET PRESERVATION CORP., BENEFIT DYNAMICS, INC., BENEFIT MANAGEMENT INC., BPI/PPA, INC., CIRCLE PENSION, INC., COMPLETE INVESTMENT MANAGEMENT, INC. OF PHILADELPHIA, HADDON STRATEGIC ALLIANCES, INC., LAMORIELLO & CO., INC., NATIONAL ACTUARIAL PENSION SERVICES, INC., NATIONAL ASSOCIATES, INC., N.W., PENSION ADMINISTRATION SERVICES, INC., PENTEC, INC., PENTEC CAPITAL MANAGEMENT, INC., SOUTHEASTERN PENSION SERVICES, INC., ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ & ASSOCIATES, INC., THE PENSION ALLIANCE, INC., VALLEY FORGE ENTERPRISES, LTD., V.F. ASSOCIATES, INC., VF INVESTMENT SERVICES, CORP. and VALLEY FORGE CONSULTING CORPORATION in favor of the Collateral Agent, (ii) that certain Guaranty, dated as of April 4, 2008 (as amended, restated or otherwise modified and in effect from time to time), by CALIFORNIA INVESTMENT ANNUITY SALES, INC. in favor of the Collateral Agent, (iii) that certain Guaranty, dated as of June 30, 2008 (as amended, restated or otherwise modified and in effect from time to time), by ALASKA PENSION SERVICES, INC. in favor of the Collateral Agent, (iv) that certain Guaranty, dated as of July 16, 2008 (as amended, restated or otherwise modified and in effect from time to time), by ▇▇▇▇ ▇. ▇▇▇▇▇▇ & ASSOCIATES, INC. in favor of the Collateral Agent, (v) that certain Guaranty, dated as of October 1, 2008 (as amended, restated or otherwise modified and in effect from time to time), by PENSION TECHNICAL SERVICES, INC. in favor of the Collateral Agent, and (vi) that certain Guaranty, dated as of November 26, 2008 (as amended, restated or otherwise modified and in effect from time to time), by THE PENSION GROUP, INC. in favor of the Collateral Agent,. By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇ Title: Chief Executive Officer
Ratification of Guarantees. 4.1 The Borrower ratifies full effectiveness, under all terms, of the pledge over the credit rights which it holds versus Telvent Export by virtue of various subordinated debt loans for a sum of one hundred and three million dollars (USD 103,000,000) and seventy-five million five hundred Euros (€ 75,500,000), respectively, set up in a policy dated 23 December 2008, with the intervention of Notary of Madrid, Mr. ▇▇▇▇ ▇▇▇▇▇▇▇-Sala Walther, which shall guarantee all the obligations arising from the Amended Financing Agreement after the Effective Date. 4.2 The Lending organizations accept the ratification and extension of the obligations guaranteed under the aforementioned pledge policy under the terms of Clause 4.1 above.