Reaffirmation by Guarantors. Each of the Guarantors acknowledges that --------------------------- each is legally and validly indebted to the Lender under the Guaranty of each without defense, counterclaim or offset. Each of the Guarantors affirms that the Guaranty of each remains in full force and effect and acknowledges that the Guaranty of each encompasses, without limitation, the Obligations, as modified herein.
Appears in 7 contracts
Sources: Ninth Amendment Agreement (Butler International Inc /Md/), Third Amendment Agreement (Butler International Inc /Md/), Sixth Amendment Agreement (Butler International Inc /Md/)
Reaffirmation by Guarantors. Each of the Guarantors acknowledges that --------------------------- each is legally and validly indebted to the Lender under the Guaranty of each without defense, counterclaim or offset. Each of the Guarantors affirms that the Guaranty of each remains in full force and effect and acknowledges that the Guaranty of each encompasses, without limitation, the Obligationsamount of the Maximum Revolving Loan, as modified herein.
Appears in 4 contracts
Sources: Fourth Amendment Agreement (Butler International Inc /Md/), Sixth Amendment Agreement (Butler International Inc /Md/), Fifth Amendment Agreement (Butler International Inc /Md/)
Reaffirmation by Guarantors. Each of the Guarantors acknowledges --------------------------- that --------------------------- each is legally and validly indebted to the Lender under the Guaranty of each without defense, counterclaim or offset. Each of the Guarantors affirms that the Guaranty of each remains in full force and effect and acknowledges that the Guaranty of each encompasses, without limitation, the Obligationsamount of the Maximum Revolving Loan, as modified herein.
Appears in 3 contracts
Sources: Eleventh Amendment Agreement (Butler International Inc /Md/), Tenth Amendment Agreement (Butler International Inc /Md/), Ninth Amendment Agreement (Butler International Inc /Md/)
Reaffirmation by Guarantors. Each of the Guarantors acknowledges --------------------------- that --------------------------- each is legally and validly indebted to the Lender under the Guaranty of each without defense, counterclaim or offset. Each of the Guarantors affirms that the Guaranty of each remains in full force and effect and acknowledges that the Guaranty of each encompasses, without limitation, the Obligations, as modified herein.
Appears in 3 contracts
Sources: First Amendment Agreement (Butler International Inc /Md/), Second Amendment Agreement (Butler International Inc /Md/), Seventh Amendment Agreement (Butler International Inc /Md/)
Reaffirmation by Guarantors. Each of the Guarantors --------------------------- acknowledges that --------------------------- each is legally and validly indebted to the Lender under the Guaranty of each without defense, counterclaim or offset. Each of the Guarantors affirms affirm that the Guaranty of each remains in full force and effect and acknowledges that the Guaranty of each encompassesencompasses the indebtedness of each of the Loans, including, without limitation, the Obligations, as modified herein.Loan D.
Appears in 1 contract
Reaffirmation by Guarantors. Each of the Guarantors acknowledges that --------------------------- each is legally and validly indebted to the Lender under the Guaranty of each without defense, counterclaim or offset. Each of the Guarantors affirms that the Guaranty of each remains in full force and effect and acknowledges that the Guaranty of each encompasses, without limitation, the Obligations, as modified hereinamount of the Maximum Revolving Loan.
Appears in 1 contract
Sources: Third Amendment Agreement (Butler International Inc /Md/)