Common use of Existing Collateral Documents Clause in Contracts

Existing Collateral Documents. With respect to the Collateral Documents executed and delivered pursuant to the Existing Credit Agreements (as amended through the date hereof, the "EXISTING COLLATERAL DOCUMENTS"), Borrower, each Guarantor, and each partner of a Cellular Partnership executing any such Existing Collateral Document (by execution of Guaranties or other Collateral Documents required under this Agreement) (i) agree that the execution and delivery of the Loan Documents shall in no way release, diminish, impair, reduce, or otherwise affect the liens and security interests created by the Existing Collateral Documents, (ii) acknowledges and confirms the continuing existence and effectiveness of the Existing Collateral Document (except with respect to the release of Liens contemplated by SECTION 6.5(a)), and (iii) agrees that the "OBLIGATION" and "GUARANTEED DEBT" secured or assured by the Existing Collateral Documents shall include the Obligation under the Loan Documents.

Existing Collateral Documents. With respect to the Collateral Documents executed and delivered pursuant to the Existing Credit Agreements Agreement (as amended through the date hereof, the "EXISTING COLLATERAL DOCUMENTSExisting Collateral Documents"), Borrower, each Guarantor, and each partner of a Cellular Partnership executing any such Existing Collateral Document (by execution of Guaranties or other Collateral Documents required under this Agreement) (i) agree that the execution and delivery of the Loan Documents shall in no way release, diminish, impair, reduce, or otherwise affect the liens and security interests created by the Existing Collateral Documents, (ii) acknowledges and confirms the continuing existence and effectiveness of the Existing Collateral Document (except with respect to the release of Liens contemplated by SECTION Section 6.5(a)), and (iii) agrees that the "OBLIGATIONObligation" and "GUARANTEED DEBTGuaranteed Debt" secured or assured by the Existing Collateral Documents shall include the Obligation under the Loan Documents.