Additional Confirmations Clause Samples
The "Additional Confirmations" clause requires one or both parties to provide extra assurances or declarations beyond the standard representations and warranties in an agreement. These confirmations may pertain to specific facts, compliance with laws, or the status of certain conditions relevant to the transaction. By mandating these additional statements, the clause helps ensure that both parties have up-to-date and accurate information, thereby reducing the risk of misunderstandings or disputes.
Additional Confirmations. The Credit Parties hereby represent, warrant and covenant as follows: (i) that the Lender’s Liens and security interests in all of the “Collateral” (as such term is defined in the Credit Agreement and in the Security Agreements), are and remain valid, perfected, first-priority security interests in such Collateral, and the Credit Parties have not granted any other Liens or security interests of any nature or kind in favor of any other Person affecting any of such Collateral, except for Permitted Liens.
Additional Confirmations. The Borrower and Guarantors hereby represent, warrant and covenant as follows: (i) that the Lender’s Liens and security interests in all of the “Collateral” (as such term is defined in the Purchase Agreement and each of the Security Agreements) are and remain valid, perfected, first-priority security interests in such Collateral, subject only to Permitted Liens, and neither the Borrower, nor the Guarantors, have granted any other Liens or security interests of any nature or kind in favor of any other Person affecting any of such Collateral.
Additional Confirmations. The Borrowers hereby represent, warrant and covenant as follows: (i) that the Lender’s Liens and security interests in all of the “Collateral” (as such term is defined in the Credit Agreement and the Security Agreement) are and remain valid, perfected, first-priority security interests in such Collateral, subject only to Permitted Liens, and the Borrowers have not granted any other Liens or security interests of any nature or kind in favor of any other Person affecting any of such Collateral.
Additional Confirmations. The Company and Guarantor each hereby represents, warrants and covenants as follows: (i) that the Buyer’s security interests in all of the “Collateral” (as such term is defined in the Security Agreement executed by the Company and the Security Agreement executed by Guarantor, as applicable to each of the Company and Guarantor) are and remain valid, perfected, first-priority security interests in such Collateral, respectively and as applicable, and neither the Company, nor Guarantor, has granted any other Encumbrances or security interests of any nature or kind in favor of any other Person affecting any of such Collateral, respectively and as applicable.
Additional Confirmations. The Company hereby represents, warrants and covenants that TCA’s security interests in all of the “Collateral” (as such term is defined in the Company Security Agreement) are and remain valid, perfected, first-priority security interests in such Collateral, and the Company has not granted any other liens, security interests, or other encumbrances of any nature or kind in favor of any other “Person” (as defined in the Note) affecting any of such Collateral.
Additional Confirmations. During the life of the Agreement, the Guarantor commits to perform all the acts and actions that, in the reasonable opinion of Citibank, may be necessary in order to (i) maintain the full efficacy and effect of the guarantee constituted by this agreement or to permit the Executor to perform any and all the acts and actions described in this Agreement; (ii) protect the rights of Citibank under this Agreement and permit Citibank to exercise and demand its rights and resources pursuant to this Agreement; and (iii) perform any act or action that may be necessary to comply with the purposes of this Agreement, including but not limited to, the execution and delivery of any instruments and documents and the performance of any acts or actions that may be necessary for the purpose of obtaining and preserving the rights deriving from this Stock Pledge.
Additional Confirmations. At Company’s request and expense, during and after the term of this Agreement, Consultant will assist and cooperate with Company in all respects, and will execute documents, and will take such further acts reasonably requested by Company to enable Company to acquire, transfer, maintain, perfect and enforce its Intellectual Property Rights and other legal protections for the Consultant Work Product. Consultant hereby appoints the officers of Company as Consultant’s “Attorney-In-Fact” to execute documents on behalf of Consultant for this limited purpose.
Additional Confirmations. Within two business days after the date of the Prospectus and the Supplementary Notice, the Company will provide the Underwriters with a copy of the Stock Exchange’s confirmation and the Securities Authority’s permit with respect to the Prospectus’s publication and the completion of the offering thereunder.
Additional Confirmations. Sumter. Sumter does hereby represent, warrant and covenant to and for the benefit of Lender as follows: (i) that there are no Liens or security interests of any nature or kind granted by Sumter or encumbering or affecting any of the Collateral of Sumter in favor of any other Person; (ii) that Sumter owns and has good title to, or has valid leasehold interests in, all property and assets comprising or otherwise used or needed to construct and operate the “CHP Plant” (as hereinafter defined); and (iii) that the CHP Plant is being developed, constructed, and operated only by and through Sumter, and no part of the CHP Plant, or the assets or property to construct and operate same, or the revenues generated therefrom, are owned by any other Person other than Sumter or shall be assigned or transferred to any other Person. For purposes of this Amendment, the term “CHP Plant” shall mean that certain CHP Plant being developed and constructed and to be operated by Sumter on the site of the Pilgrim’s Pride Chicken processing plant in Sumter, South Carolina.
Additional Confirmations. Specifically, each of the Additional Entities does hereby represent, warrant and covenant that: (i) there are no other Liens or security interests of any nature or kind granted by any of the Additional Entities or encumbering or affecting any of the Collateral of any of the Additional Entities in favor of any other Person; and (ii) it is and shall be bound by the terms and provisions of the Credit Agreement relating to the Lock Box and the Lock Box Account, and in that regard, each of the Additional Entities hereby confirms its obligation to insure that all Receipts, and all other checks, drafts, instruments and other items of payment or proceeds of Collateral at any time received, due, owing, payable, or paid to any of the Additional Entities from a Customer, any other Person, or otherwise, shall be deposited directly into the Lock Box Account, and in that regard, each of the Additional entities hereby confirms that it has affirmatively directed and instructed, prior to the date hereof, or will affirmatively direct and instruct, immediately upon execution of this Consent, all of its Customers to make and re-direct all payments and remittances otherwise due to each of the Additional Entities directly to the Lock Box Account in strict accordance with the terms of the Credit Agreement. To the extent any of the Additional Entities at any time receives any Receipts or other checks, drafts, instruments and other items of payment or proceeds of Collateral to any of its accounts (and not the Lock Box Account), then such Additional Entities shall notify Lender of the receipt of such Receipts or other sums within twenty-four (24) hours of receipt of same, and immediately upon receipt thereof, remit or endorse same to Lender into the Lock Box Account.