Common use of ADOPTION AND RATIFICATION Clause in Contracts

ADOPTION AND RATIFICATION. The Debtors hereby (a) ratify, assume, adopt and agree to be bound by the Financing Documents in accordance with the terms thereof and (b) agree to pay all of the Obligations in accordance with the terms of the Financing Documents and the Financing Order, including, without any limitation, interest on the Pre-Petition Obligations. All of the Financing Documents are hereby incorporated herein by reference and hereby are and shall be deemed adopted and assumed in full by the Debtors, as the Debtors and the Debtors-in-Possession, and considered as agreements by and between the Debtors and the Lender. The Debtors hereby ratify, restate, affirm and confirm all of the terms and conditions of the Financing Documents, as amended and supplemented pursuant hereto and the Financing Order, and Lender agrees to lend pursuant to, and the Debtors agree to be fully bound by, as the Debtors and the Debtors-in-Possession, the terms of the Financing Documents to which any Debtor is a party.

Appears in 1 contract

Sources: Post Petition Financing Agreement (Tvi Corp)

ADOPTION AND RATIFICATION. The Debtors Debtor hereby (a) ratifyratifies, assumeassumes, adopt adopts and agree agrees to be bound by the Existing Financing Documents in accordance with the terms thereof Agreements as modified by this Agreement and (b) agree agrees to pay all of the Pre-Petition Obligations in accordance with the terms of the Existing Financing Documents Agreements as modified by this Agreement and the Financing Order, including, without any limitation, interest on the Pre-Petition Obligations. All of the Existing Financing Documents Agreements are hereby incorporated herein by reference and hereby are and shall be deemed adopted and assumed in full by the DebtorsDebtor, as the Debtors Debtor and the DebtorsDebtor-in-Possession, and considered as agreements by between Debtor and between the Debtors and the Lender. The Debtors Debtor hereby ratifyratifies, restaterestates, affirm affirms and confirm confirms all of the terms and conditions of the Existing Financing DocumentsAgreements, as amended and supplemented pursuant hereto and the Financing Order, and Lender agrees to lend pursuant to, and the Debtors agree Debtor agrees to be fully bound bybound, as the Debtors Debtor and the DebtorsDebtor-in-Possession, by the terms of the Financing Documents Agreements as amended hereby to which any Debtor is a party.

Appears in 1 contract

Sources: Ratification and Amendment Agreement (Loehmanns Inc)