Common use of Existing Obligations Clause in Contracts

Existing Obligations. The Loan Parties each hereby acknowledge, confirm and agree that the Loan Parties are indebted for outstanding loans and advances to the Loan Parties under the Original Credit Agreement, together with all interest accrued and accruing thereon (to the extent applicable), and all fees, costs, expenses and other charges relating thereto, all of which are unconditionally owing by the Loan Parties to the Agents and the Lenders to the extent set forth in the Original Credit Agreement, without offset, defense or counterclaim of any kind, nature or description whatsoever.

Appears in 3 contracts

Sources: Credit Agreement (Park Ohio Industries Inc/Oh), Credit Agreement (Park Ohio Industries Inc/Oh), Credit Agreement (Park Ohio Holdings Corp)

Existing Obligations. The Loan Parties each hereby acknowledge, confirm and agree that the Loan Parties are indebted to the Agent and the Lenders for outstanding loans and advances to the Loan Parties under the Original Existing Credit Agreement, together with all interest accrued and accruing thereon (to the extent applicable), and all fees, costs, expenses and other charges relating thereto, all of which are unconditionally owing by the Loan Parties to the Agents Agent and the Lenders to the extent set forth in the Original Existing Credit Agreement, without offset, defense or counterclaim of any kind, nature or description whatsoever.

Appears in 2 contracts

Sources: Credit Agreement (Park Ohio Industries Inc/Oh), Credit Agreement (Park Ohio Holdings Corp)

Existing Obligations. The Loan Parties each hereby acknowledge, confirm and agree that the Loan Parties are indebted for outstanding loans and advances to the Loan Parties under the Original Existing Credit Agreement, together with all interest accrued and accruing thereon (to the extent applicable), and all fees, costs, expenses and other charges relating thereto, all of which are unconditionally owing by the Loan Parties to the Agents and the Lenders to the extent set forth in the Original Existing Credit Agreement, without offset, defense or counterclaim of any kind, nature or description whatsoever.

Appears in 2 contracts

Sources: Credit Agreement (Park Ohio Holdings Corp), Credit Agreement (Park Ohio Holdings Corp)

Existing Obligations. The Loan Parties each hereby acknowledge, confirm and agree that the Loan Parties are indebted to the Agent and the Lenders for outstanding loans and advances to the Loan Parties Borrowers under the Original Credit AgreementExisting Loan Documents, together with all interest accrued and accruing thereon (to the extent applicable), and all fees, costs, expenses and other charges relating thereto, all of which are unconditionally owing by the Loan Parties Borrowers to the Agents Agent and the Lenders to the extent set forth in the Original Credit AgreementExisting Loan Documents, without offset, defense or counterclaim of any kind, nature or description whatsoever.

Appears in 1 contract

Sources: Credit and Security Agreement (Ramaco Resources, Inc.)