Common use of Reaffirmation Clause in Contracts

Reaffirmation. Each Loan Party hereby ratifies and reaffirms (a) all of its payment and performance obligations, contingent or otherwise, under the Credit Agreement and each of the Other Documents to which it is a party, and (b) its grant to Agent of a security interest in the Collateral under the Credit Agreement and each of the Other Documents to which it is a party.

Appears in 14 contracts

Samples: Revolving Credit and Security Agreement (Quantum Corp /De/), Term Loan Credit and Security Agreement (Quantum Corp /De/), Revolving Credit and Security Agreement (Quantum Corp /De/)

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Reaffirmation. Each Loan Party hereby ratifies reaffirms and reaffirms (a) remakes all of its payment respective representations, warranties, covenants, duties, obligations and performance obligationsliabilities contained in the Loan Agreement, contingent or otherwise, under the Credit Agreement and each of the Other Documents to which it is a partyas amended hereby, and (b) its grant to Agent of a security interest in the Collateral under the Credit Agreement and each of the Other Documents to which it is a partyother Loan Documents.

Appears in 7 contracts

Samples: Loan and Security Agreement (S&W Seed Co), Loan and Security Agreement (S&W Seed Co), Loan and Security Agreement (S&W Seed Co)

Reaffirmation. (a) Each Loan Party hereby ratifies and reaffirms (ai) all of its payment and performance obligations, contingent or otherwise, under the Credit Agreement and each of the Other Documents to which it is a party, and (bii) its grant to Agent of a security interest in the Collateral under the Credit Agreement and each of the Other Documents to which it is a party.

Appears in 6 contracts

Samples: Term Loan Credit and Security Agreement (Quantum Corp /De/), Revolving Credit and Security Agreement (Quantum Corp /De/), Term Loan Credit and Security Agreement (Quantum Corp /De/)

Reaffirmation. (a) Each Loan Party hereby ratifies and reaffirms (a) all of its payment and performance obligations, contingent or otherwise, under the Credit Agreement and each of the Other Documents to which it is a party, and (b) its grant to Agent of a security interest in the Collateral under the Credit Agreement and each of the Other Documents to which it is a party.

Appears in 5 contracts

Samples: Term Loan Credit and Security Agreement (Quantum Corp /De/), Credit and Security Agreement (Quantum Corp /De/), Credit and Security Agreement (Quantum Corp /De/)

Reaffirmation. Each Loan Party hereby (i) ratifies and reaffirms (a) all of its payment and performance obligations, contingent or otherwise, under the Credit Agreement and each of the Other other Loan Documents to which it is a party, party and (bii) ratifies and reaffirms its grant to Agent of a security interest in the Collateral interests and Liens under the Credit Agreement such documents and each confirms and agrees that such security interests and Liens hereafter secure all of the Other Documents to which it is a partyObligations.

Appears in 4 contracts

Samples: Credit Agreement (Stoneridge Inc), Credit Agreement (Stoneridge Inc), Credit Agreement (Stoneridge Inc)

Reaffirmation. Each Loan Party hereby ratifies and reaffirms (a) all of its payment and performance obligations, contingent or otherwise, obligations under the Credit Agreement and the other Loan Documents, including, with respect to each Guarantor, its obligations under Article X of the Other Documents to which it is a party, and (b) its grant to Agent of a security interest in the Collateral under the Credit Agreement and each of the Other Documents to which it is a partyAgreement.

Appears in 3 contracts

Samples: Credit Agreement (Morningstar, Inc.), Credit Agreement (Morningstar, Inc.), Credit Agreement (Morningstar, Inc.)

Reaffirmation. Each Loan Party hereby reaffirms, ratifies and reaffirms (a) all of its confirms their respective payment and performance obligations, contingent or otherwise, obligations under (i) the Original Credit Agreement (as amended and restated by this Agreement) and (ii) each of the Other existing Loan Documents to which it is a party. Each Loan Party hereby reaffirms, and (b) its grant agrees that, the Liens granted pursuant to Agent the Loan Documents to the Lender shall continue in full force and effect during the term of a security interest in the Collateral under the Credit this Agreement and each of any renewals or extensions thereof and shall continue to secure the Other Documents to which it is a partyObligations.

Appears in 2 contracts

Samples: Credit Agreement (Hackett Group, Inc.), Credit Agreement (Hackett Group, Inc.)

Reaffirmation. a. Each Loan Party hereby ratifies and reaffirms (a) all of its payment and performance obligations, contingent or otherwise, under the Credit Agreement and each of the Other Documents to which it is a party, and (b) its grant to Agent of a security interest in the Collateral under the Credit Agreement and each of the Other Documents to which it is a party.

Appears in 1 contract

Samples: Credit and Security Agreement (Quantum Corp /De/)

Reaffirmation. Each Loan Party hereby ratifies and reaffirms (a) all of its payment and performance obligations, contingent or otherwise, under the Credit Agreement and each of the Other Documents to which it is a party, and (b) its grant to Agent of a security interest in the Collateral under the Credit Agreement and each of the Other Documents to which it is a party, in each case as amended by this Amendment or, with respect to the Other Documents, as otherwise amended or modified on of the date hereof.

Appears in 1 contract

Samples: Term Loan Credit and Security Agreement (Quantum Corp /De/)

Reaffirmation. Each Loan Party hereby ratifies and reaffirms (a) all of Each Loan Party, by its payment signature below, affirms and performance obligations, contingent or otherwise, confirms (a) its obligations under the Credit Agreement and each of the Other Loan Documents to which it is a party, party and (b) its grant to Agent guarantee of a security interest the Obligations, all as provided in the Collateral Loan Documents, and acknowledges and agrees that such guarantee continues in full force and effect in respect of such Obligations under the Credit Agreement and each of the Other other Loan Documents to which it is a partyas amended hereby.

Appears in 1 contract

Samples: Credit Agreement (Adtalem Global Education Inc.)

Reaffirmation. Each of the Loan Party Parties hereby (a) ratifies and reaffirms (a) all of its payment and performance obligations, contingent or otherwise, under the Credit Agreement and each of the Other other Loan Documents to which it is a party, and (b) ratifies and reaffirms its grant to Agent of a security interest in the Collateral under the Credit Agreement and each of the Other other Loan Documents to which it is a party.

Appears in 1 contract

Samples: Credit Agreement (Pioneer Energy Services Corp)

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Reaffirmation. Each Loan Party hereby ratifies reaffirms the terms and reaffirms (a) all of its payment and performance obligations, contingent or otherwise, under the Credit Agreement and each conditions of the Other Loan Documents to which it is a partyparty and acknowledges and agrees that the Loan Documents, as amended hereby, remain in full force and (b) effect and are hereby reaffirmed, ratified and confirmed. Without limiting the foregoing, each Loan Party hereby reaffirms its grant to Agent of a security interest in the Collateral Indebtedness, liabilities, guarantees, duties and obligations under the Credit Agreement and each of the Other Loan Documents to which it is a party.

Appears in 1 contract

Samples: Credit Agreement (Jack Henry & Associates Inc)

Reaffirmation. Each Loan Party hereby ratifies acknowledges and reaffirms (a) all of its payment obligations and performance obligations, contingent or otherwise, undertakings under the Credit Agreement and each of the Other Loan Documents to which it is a partyparty and acknowledges and agrees that subsequent to, and (b) its grant to Agent of a security interest in the Collateral under the Credit Agreement and each after taking account of the Other Documents to which it provisions of this Agreement, each such Loan Document is a party.and shall remain in full force and effect in accordance with the terms thereof. Section 2.7

Appears in 1 contract

Samples: Execution Version Limited Waiver Agreement (Mueller Water Products, Inc.)

Reaffirmation. Each of the Borrower and each other Loan Party hereby ratifies and reaffirms (a) all of reaffirms its payment and performance obligations, contingent or otherwise, obligations under the Credit Agreement and each of the Other Documents other Loan Document to which it is a party, party and (b) its grant to Agent of a security interest in reaffirms all Liens on the Collateral under the Credit Agreement and each which have been granted by it in favor of the Other Documents Administrative Agent (for the benefit of the Secured Parties) pursuant to which it is a partythe Loan Documents.

Appears in 1 contract

Samples: Credit Agreement (Crown Castle International Corp)

Reaffirmation. Each Loan Party hereby ratifies and reaffirms its obligations under each Loan Document (aas amended hereby) all of its payment and performance obligations, contingent or otherwise, under the Credit Agreement and each of the Other Documents to which it is a party, and (b) its grant to Agent of a security interest in the Collateral under the Credit Agreement and each of the Other Documents to which it is a party.

Appears in 1 contract

Samples: Credit Agreement (Asana, Inc.)

Reaffirmation. 1. Each Loan Party hereby (i) ratifies and reaffirms (aA) all of its payment and performance obligations, contingent or otherwise, under the Credit Agreement and each of the Other Documents to which it is a party, and (bB) its grant to Agent of a security interest in the Collateral under the Credit Agreement and each of the Other Documents to which it is a partyparty and (ii) acknowledges that the Fourth Amendment Loans constitute Obligations under the Credit Agreement.

Appears in 1 contract

Samples: Term Loan Credit and Security Agreement (Quantum Corp /De/)

Reaffirmation. Each Loan Party hereby ratifies and reaffirms (a) all of its payment duties and performance obligations, contingent or otherwise, obligations under the Credit Agreement and each of the Other Loan Documents to which it is a party, and (b) its grant to Agent of a security interest in the Collateral under the Credit Agreement and each of the Other Documents to which it is a party. SECTION 5.

Appears in 1 contract

Samples: Credit Agreement (Graco Inc)

Reaffirmation. Each Loan Party hereby ratifies and reaffirms (a) all of its payment and performance obligations, contingent or otherwise, obligations under the Credit Agreement and the other Loan Documents, including, with respect to each Guarantor, its obligations under Article IX of the Other Documents to which it is a party, and (b) its grant to Agent of a security interest in the Collateral under the Credit Agreement and each of the Other Documents to which it is a partyAgreement.

Appears in 1 contract

Samples: Credit Agreement (Morningstar, Inc.)

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