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This excerpt taken from the SKT DEFA14A filed Jun 12, 2008. New
Guarantors. Additional Persons (each such Person being
referred to herein as a “New Guarantor”) may,
from time to time, become parties hereto (and thereby become a “Guarantor”)
pursuant to the terms and conditions set forth in Section 6.12 of the
Credit Agreement through the execution of a counterpart signature page
hereto. Each such New Guarantor hereby acknowledges, agrees and
confirms that, by its execution of such counterpart, the New Guarantor will be
deemed to be a Loan Party under the Credit Agreement and a “Guarantor” for all
purposes of the Credit Agreement and shall have all of the obligations of the
Guarantor hereunder as if it had executed this Agreement as of the Closing
Date. Further, each such New Guarantor hereby ratifies, as of the
date of its execution of a counterpart signature page hereto, and agrees to be
bound by, all of the terms, provisions and conditions contained in herein and in
the Credit Agreement applicable to a Guarantor. The obligations of
each such New Guarantor hereunder and under the Credit Agreement will be joint
and several with each other Person qualifying as a Guarantor
hereunder.
17. This excerpt taken from the SKT 8-K filed Jun 12, 2008. New
Guarantors. Additional Persons (each such Person being
referred to herein as a “New Guarantor”) may,
from time to time, become parties hereto (and thereby become a “Guarantor”)
pursuant to the terms and conditions set forth in Section 6.12 of the
Credit Agreement through the execution of a counterpart signature page
hereto. Each such New Guarantor hereby acknowledges, agrees and
confirms that, by its execution of such counterpart, the New Guarantor will be
deemed to be a Loan Party under the Credit Agreement and a “Guarantor” for all
purposes of the Credit Agreement and shall have all of the obligations of the
Guarantor hereunder as if it had executed this Agreement as of the Closing
Date. Further, each such New Guarantor hereby ratifies, as of the
date of its execution of a counterpart signature page hereto, and agrees to be
bound by, all of the terms, provisions and conditions contained in herein and in
the Credit Agreement applicable to a Guarantor. The obligations of
each such New Guarantor hereunder and under the Credit Agreement will be joint
and several with each other Person qualifying as a Guarantor
hereunder.
17. | EXCERPTS ON THIS PAGE:
RELATED TOPICS for SKT: |
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