No Novation; Continuing Validity. This Agreement is not intended to be nor shall it constitute a novation of the Loan Documents or the indebtedness and obligations evidenced thereby. Borrowers hereby ratify, confirm and approve the Loan Documents as modified herein, and the indebtedness and obligations evidenced thereby, and Borrowers agree that the same are valid and binding agreements of the Borrowers, enforceable in accordance with their terms. Borrowers warrant, represent, acknowledge and agree that the Loan Documents have not been amended or modified by any oral or written agreement or course of conduct of the parties.
Appears in 5 contracts
Samples: Fourth Loan Modification Agreement (Blue Ridge Real Estate Co), Sixth Loan Modification Agreement (Blue Ridge Real Estate Co), Third Loan Modification Agreement (Blue Ridge Real Estate Co)
