Common use of Acknowledgement and Affirmation Clause in Contracts

Acknowledgement and Affirmation. Each Credit Party party hereto hereby expressly acknowledges, (i) all of its obligations under the MLP Guaranty, the Subsidiaries Guaranty, the Security Agreement and the other Security Documents to which it is a party are reaffirmed and remain in full force and effect on a continuous basis, (ii) its grant of security interests pursuant to the Security Agreement and the other Security Documents are reaffirmed and remain in full force and effect after giving effect to this Amendment, (iii) the Obligations include, among other things and without limitation, the due and punctual payment of the principal of, interest on, and premium (if any) on, the Loans and (iv) except as expressly set forth herein, the execution of this Amendment shall not operate as a waiver of any right, power or remedy of the Administrative Agent or Lenders, constitute a waiver of any provision of any of the Credit Documents or serve to effect a novation of the Obligations.

Appears in 6 contracts

Samples: Execution Version (OCI Partners LP), Execution Version, Execution Version (OCI Partners LP)

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Acknowledgement and Affirmation. Each Credit Party party hereto hereby expressly acknowledges, (i) all of its obligations under the Holdings and MLP Guaranty, the Subsidiaries Guaranty, the Security Agreement and the other Security Documents to which it is a party are reaffirmed and remain in full force and effect on a continuous basis, (ii) its grant of security interests pursuant to the Security Agreement and the other Security Documents are reaffirmed and remain in full force and effect after giving effect to this Amendment, (iii) the Obligations include, among other things and without limitation, the due and punctual payment of the principal of, interest on, and premium (if any) on, the Term Loans and (iv) except as expressly set forth herein, the execution of this Amendment shall not operate as a waiver of any right, power or remedy of the Administrative Agent or Lenders, constitute a waiver of any provision of any of the Credit Documents or serve to effect a novation of the Obligations.

Appears in 4 contracts

Samples: 7 and Waiver (OCI Partners LP), Execution Version (OCI Partners LP), OCI Partners LP

Acknowledgement and Affirmation. Each Credit Party party hereto hereby expressly acknowledges, (i) all of its obligations under the MLP Holdings Guaranty, the Subsidiaries Guaranty, the Security Agreement and the other Security Collateral Documents to which it is a party are reaffirmed and remain in full force and effect on a continuous basis, (ii) its grant of security interests pursuant to the Security Agreement and the other Security Documents are reaffirmed and remain in full force and effect after giving effect to this Amendment, (iii) the Obligations include, among other things and without limitation, the due and punctual payment of the principal of, interest on, and premium (if any) on, the Incremental Term Loans and (iv) except as expressly set forth herein, the execution of this Amendment shall not operate as a waiver of any right, power or remedy of the Administrative Agent or Lenders, constitute a waiver of any provision of any of the Credit Documents or serve to effect a novation of the Obligations.

Appears in 2 contracts

Samples: www.lw.com, OCI Partners LP

Acknowledgement and Affirmation. Each Credit Company Loan Party party hereto hereby expressly acknowledges, as of the Amendment No. 5 Effective Date, (i) all of its obligations under the MLP Guaranty, the Subsidiaries GuarantyGuarantee, the Security Agreement Documents and the other Security Loan Documents to which it is a party are reaffirmed and remain in full force and effect on a continuous basis, (ii) its prior grant of security interests pursuant to the Security Agreement and the other Security Documents are reaffirmed and remain in full force and effect after giving effect to this Amendment, (iii) the Obligations include, among other things and without limitation, the due and punctual payment of the principal of, interest on, and premium (if any) on, the Additional Term B-4 Loans and (iv) except as expressly set forth herein, the execution of this Amendment shall not operate as a waiver of any right, power or remedy of the Administrative Agent or Lenders, constitute a waiver of any provision of any of the Credit Loan Documents or serve to effect a novation of the Obligations.. This Amendment shall not constitute a novation of the Credit Agreement or any other Loan Document. 6

Appears in 1 contract

Samples: Credit Agreement (JELD-WEN Holding, Inc.)

Acknowledgement and Affirmation. Each Credit Company Loan Party party hereto hereby expressly acknowledges, as of the Amendment No. 3 Effective Date, (i) all of its obligations under the MLP Guaranty, the Subsidiaries GuarantyGuarantee, the Security Agreement Documents and the other Security Loan Documents to which it is a party are reaffirmed and remain in full force and effect on a continuous basis, (ii) its grant of security interests pursuant to the Security Agreement and the other Security Documents are reaffirmed and remain in full force and effect after giving effect to this Amendment, (iii) the Obligations include, among other things and without limitation, the due and punctual payment of the principal of, interest on, and premium (if any) on, the Term B-3 Loans and (iv) except as expressly set forth herein, the execution of this Amendment shall not operate as a waiver of any right, power or remedy of the Administrative Agent or Lenders, constitute a waiver of any provision of any of the Credit Loan Documents or serve to effect a novation of the Obligations.

Appears in 1 contract

Samples: Credit Agreement (JELD-WEN Holding, Inc.)

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Acknowledgement and Affirmation. Each Credit Company Loan Party party hereto hereby expressly acknowledges, as of the Amendment No. 4 Effective Date, (i) all of its obligations under the MLP Guaranty, the Subsidiaries GuarantyGuarantee, the Security Agreement Documents and the other Security Loan Documents to which it is a party are reaffirmed and remain in full force and effect on a continuous basis, (ii) its prior grant of security interests pursuant to the Security Agreement and the other Security Documents are reaffirmed and remain in full force and effect after giving effect to this Amendment, (iii) the Obligations include, among other things and without limitation, the due and punctual payment of the principal of, interest on, and premium (if any) on, the Term B-4 Loans and (iv) except as expressly set forth herein, the execution of this Amendment shall not operate as a waiver of any right, power or remedy of the Administrative Agent or Lenders, constitute a waiver of any provision of any of the Credit Loan Documents or serve to effect a novation of the Obligations. This Amendment shall not constitute a novation of the Credit Agreement or any other Loan Document.

Appears in 1 contract

Samples: Credit Agreement (JELD-WEN Holding, Inc.)

Acknowledgement and Affirmation. Each Credit Party party hereto hereby expressly acknowledges, (i) all of its obligations under the MLP Holdings Guaranty, the Subsidiaries Guaranty, the Security Agreement and the other Security Documents to which it is a party are reaffirmed and remain in full force and effect on a continuous basis, (ii) its grant of security interests pursuant to the Security Agreement and the other Security Documents are reaffirmed and remain in full force and effect after giving effect to this Amendment, (iii) the Obligations include, among other things and without limitation, the due and punctual payment of the principal of, interest on, and premium (if any) on, the Term B-3 Loans and (iv) except as expressly set forth herein, the execution of this Amendment shall not operate as a waiver of any right, power or remedy of the Administrative Agent or Lenders, constitute a waiver of any provision of any of the Credit Documents or serve to effect a novation of the Obligations.

Appears in 1 contract

Samples: OCI Partners LP

Acknowledgement and Affirmation. (a) Each Credit Loan Party party hereto hereby expressly acknowledges, (i) all of its obligations under the MLP Guaranty, the Subsidiaries GuarantyGuarantee, the Security Agreement Documents and the other Security Loan Documents to which it is a party are reaffirmed and remain in full force and effect on a continuous basis, (ii) its grant of security interests pursuant to the Security Agreement and the other Security Documents are reaffirmed and remain in full force and effect after giving effect to this Amendment, (iii) the Obligations include, among other things and without limitation, the due and punctual payment of the principal of, interest on, and premium (if any) on, the Term B-1 Loans and (iv) except as expressly set forth herein, the execution of this Amendment shall not operate as a waiver of any right, power or remedy of the Administrative Agent or Lenders, constitute a waiver of any provision of any of the Credit Loan Documents or serve to effect a novation of the Obligations.

Appears in 1 contract

Samples: Credit Agreement (JELD-WEN Holding, Inc.)

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