Consent, Agreement and Affirmation of Guaranty by Multiple Guarantors for Loan Amendment
This agreement involves several guarantor companies who confirm their consent to an amendment affecting existing loan documents. The guarantors agree that their obligations and liabilities under the original loan documents remain unchanged and fully enforceable, even after the amendment. They also reaffirm that the security interests and liens previously granted continue to secure all related obligations. The agreement is signed by representatives of the listed guarantor companies.
Exhibit 10.54
Consent, Agreement and Affirmation of Guaranty.
Each of the undersigned Guarantors hereby consents to the terms of the foregoing Amendment and agrees that the terms of the Amendment shall not affect in any way its obligations and liabilities under any Loan Document (as such Loan Documents are amended or otherwise expressly modified by the Amendment), all of which obligations and liabilities shall remain in full force and effect and each of which is hereby reaffirmed (as amended or otherwise expressly modified by the Amendment). The Guarantors hereby confirm that the security interests and Liens granted pursuant to the Loan Documents continue to secure the Obligations including the Local Credit Facility Obligations and that such security interests and Liens remain in full force and effect.
ALLTRISTA NEWCO CORPORATION
ALLTRISTA PLASTICS CORPORATION
BICYCLE HOLDING, INC.
HEARTHMARK, LLC
JARDEN ACQUISITION I, INC.
JARDEN ZINC PRODUCTS, INC.
LEHIGH CONSUMER PRODUCTS CORPORATION
LOEW-CORNELL, INC.
QUOIN, LLC
THE UNITED STATES PLAYING CARD COMPANY
JARDEN DIRECT, INC.
TILIA INTERNATIONAL, INC.
TILIA, INC.
USPC HOLDING, INC.
AMERICAN HOUSEHOLD, INC.
AUSTRALIAN COLEMAN, INC.
BRK BRANDS, INC.
CC OUTLET, INC.
COLEMAN INTERNATIONAL HOLDINGS, LLC
COLEMAN WORLDWIDE CORPORATION
FIRST ALERT, INC.
FIRST ALERT/POWERMATE, INC.
KANSAS ACQUISITION CORP.
LASER ACQUISITION CORP.
L.A. SERVICES, INC.
NIPPON COLEMAN, INC.
SI II, INC.
SUNBEAM AMERICAS HOLDINGS, LIMITED
SUNBEAM PRODUCTS, INC.
THE COLEMAN COMPANY, INC.
JCS/THG, LLC
HOLMES MOTOR CORPORATION
RIVAL CONSUMER SALES CORPORATION
| By: | /S/ DESIREE DESTEFANO | |
| Name: Desiree DeStefano | ||
| Title: Vice President | ||
