Common use of Borrower’s agreement and confirmation Clause in Contracts

Borrower’s agreement and confirmation. The Borrower agrees and confirms that the Loan Agreement and the Finance Documents to which it is a party shall remain in full force and effect and the Borrower shall remain liable under the Loan Agreement and the Finance Documents to which it is a party for all obligations and liabilities assumed by it thereunder despite the amendments to the Loan Agreement in this Agreement, as if all references in any of the Finance Documents to the Loan Agreement (howsoever described) were references to the Loan Agreement as amended and supplemented by this Agreement.

Appears in 3 contracts

Samples: Release Agreement (Poseidon Containers Holdings Corp.), Third Supplemental Agreement (Poseidon Containers Holdings Corp.), First Supplemental Agreement (Poseidon Containers Holdings Corp.)

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Borrower’s agreement and confirmation. The Borrower agrees Borrowers agree and confirms confirm that the Loan Agreement and the Finance Documents to which it is they are a party shall remain in full force and effect and the Borrower Borrowers shall remain liable under the Loan Agreement and the Finance Documents to which it is they are a party for all obligations and liabilities assumed by it thereunder despite the amendments to the Loan Agreement in this Agreement, as if all references in any of the Finance Documents to the Loan Agreement (howsoever described) were references to the Loan Agreement as amended and supplemented by this Agreement.

Appears in 1 contract

Samples: Release Agreement (Poseidon Containers Holdings Corp.)

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Borrower’s agreement and confirmation. The Each Borrower agrees and confirms that the Loan Agreement and the Finance Documents to which it is they are a party shall remain in full force and effect and the each Borrower shall remain liable under the Loan Agreement and the Finance Documents to which it is a party for all obligations and liabilities assumed by it them thereunder despite the amendments to the Loan Agreement in this Agreement, as if all references in any of the Finance Documents to the Loan Agreement (howsoever described) were references to the Loan Agreement as amended and supplemented by this Agreement.

Appears in 1 contract

Samples: Second Supplemental Agreement (Poseidon Containers Holdings Corp.)

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