Common use of Ratification and Affirmation of Obligors Clause in Contracts

Ratification and Affirmation of Obligors. Each of the Obligors hereby expressly (i) acknowledges the terms of this First Amendment, (ii) ratifies and affirms its obligations under the Facility Guaranty and the other Loan Papers to which it is a party, (iii) acknowledges, renews and extends its continued liability under the Facility Guaranty and the other Loan Papers to which it is a party and (iv) agrees that its guarantee under the Facility Guaranty and the other Loan Papers to which it is a party remains in full force and effect with respect to the Obligations as amended hereby.

Appears in 3 contracts

Samples: Credit Agreement (Laredo Petroleum, Inc.), Credit Agreement (Laredo Petroleum Holdings, Inc.), Credit Agreement (Laredo Petroleum - Dallas, Inc.)

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Ratification and Affirmation of Obligors. Each Except as expressly provided for in Section 5.6 below, each of the Obligors hereby expressly (i) acknowledges the terms of this First Amendment, (ii) ratifies and affirms its obligations under the Facility Guaranty Agreement and the other Loan Papers Security Instruments to which it is a party, (iii) acknowledges, renews and extends its continued liability under the Facility Guaranty Agreement and the other Loan Papers Security Instruments to which it is a party and (iv) agrees that its guarantee under the Facility Guaranty Agreement and the other Loan Papers Security Instruments to which it is a party remains in full force and effect with respect to the Obligations Indebtedness as amended hereby.

Appears in 2 contracts

Samples: Rosetta Resources Inc., Rosetta Resources Inc.

Ratification and Affirmation of Obligors. Each of the Obligors hereby expressly (i) acknowledges the terms of this First Amendment, (ii) ratifies and affirms its obligations under the Facility Guaranty and Collateral Agreement and the other Loan Papers Documents to which it is a party, (iii) acknowledges, renews and extends its continued liability under the Facility Guaranty and Collateral Agreement and the other Loan Papers Documents to which it is a party and (iv) agrees that its guarantee under the Facility Guaranty and Collateral Agreement and the other Loan Papers Documents to which it is a party remains in full force and effect with respect to the Obligations as amended hereby.

Appears in 1 contract

Samples: Revolving Credit Agreement (Ram Energy Resources Inc)

Ratification and Affirmation of Obligors. Each of the Obligors hereby ---------------------------------------- expressly (i) acknowledges the terms of this First Amendment, (ii) ratifies and affirms its obligations under the Facility Guaranty Agreement and the other Loan Papers Security Instruments to which it is a party, (iii) acknowledges, renews and extends its continued liability under the Facility Guaranty Agreement and the other Loan Papers Security Instruments to which it is a party and (iv) agrees that its guarantee under the Facility Guaranty Agreement and the other Loan Papers Security Instruments to which it is a party remains in full force and effect with respect to the Obligations Indebtedness as amended hereby.

Appears in 1 contract

Samples: Credit Agreement (Mission Resources Corp)

Ratification and Affirmation of Obligors. Each of the Obligors hereby expressly (ia) acknowledges the terms of this First Amendment, (iib) ratifies and affirms its obligations under the Facility Guaranty Agreement and the other Loan Papers Security Instruments to which it is a party, (iiic) acknowledges, renews and extends its continued liability under the Facility Guaranty Agreement and the other Loan Papers Security Instruments to which it is a party and (ivd) agrees that its guarantee under the Facility Guaranty Agreement and the other Loan Papers Security Instruments to which it is a party remains in full force and effect with respect to the Obligations Indebtedness as amended hereby.

Appears in 1 contract

Samples: Credit Agreement (Legacy Reserves Lp)

Ratification and Affirmation of Obligors. Each of the Obligors hereby expressly (i) acknowledges the terms of this First Amendment, (ii) ratifies and affirms its obligations under the Facility its respective Guaranty and the other Loan Papers Security Instruments to which it is a party, (iii) acknowledges, renews and extends its continued liability under the Facility its respective Guaranty and the other Loan Papers Security Instruments to which it is a party and (iv) agrees that its guarantee under the Facility respective Guaranty and the other Loan Papers Security Instruments to which it is a party remains remain in full force and effect with respect to the Obligations Indebtedness as amended hereby.

Appears in 1 contract

Samples: Loan Agreement (Corrida Resources Inc)

Ratification and Affirmation of Obligors. Each of the Obligors hereby expressly (ia) acknowledges the terms of this First Fifth Amendment, (iib) ratifies and affirms its obligations under the Facility Guaranty and the other Loan Papers to which it is a party, (iiic) acknowledges, renews and extends its continued liability under the Facility Guaranty and the other Loan Papers to which it is a party and (ivd) agrees that its guarantee under the Facility Guaranty and the other Loan Papers to which it is a party remains in full force and effect with respect to the Obligations as amended hereby.

Appears in 1 contract

Samples: Credit Agreement (Laredo Petroleum Holdings, Inc.)

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Ratification and Affirmation of Obligors. Each of the Obligors The Borrower and each Guarantor hereby expressly (i) acknowledges the terms of this First Amendment, (ii) ratifies and affirms its obligations under the Facility Guaranty and the other each Loan Papers Document to which it is a party, (iii) acknowledges, renews and extends its continued liability under the Facility Guaranty and the other each Loan Papers Document to which it is a party and (iv) agrees that its guarantee grant of security interest and/or guarantee, as applicable, under the Facility Guaranty and the other Loan Papers Security Instruments to which it is a party remains in full force and effect with respect to the Obligations as amended herebyIndebtedness after giving effect to this First Amendment.

Appears in 1 contract

Samples: Credit Agreement (Santa Maria Energy Corp)

Ratification and Affirmation of Obligors. Each of the Obligors hereby expressly (i) acknowledges the terms of this First Amendment, (ii) ratifies and affirms its obligations under the Facility Guaranty and the other Loan Papers Documents to which it is a party, (iii) acknowledges, renews and extends its continued liability under the Facility its respective Guaranty Agreement, if applicable, and the other Loan Papers Security Instruments to which it is a party and (iv) agrees that its guarantee under the Facility respective Guaranty Agreement, if applicable, and the other Loan Papers Security Instruments to which it is a party remains in full force and effect with respect to the Obligations Indebtedness as amended hereby.

Appears in 1 contract

Samples: Credit Agreement (Corrida Resources Inc)

Ratification and Affirmation of Obligors. Each of the Obligors hereby expressly (i) acknowledges the terms of this First Amendment, (ii) ratifies and affirms its obligations under the Facility Guaranty Agreement and the other Loan Papers Documents to which it is a party, (iii) acknowledges, renews and extends its continued liability under the Facility Guaranty Agreement and the other Loan Papers Documents to which it is a party and (iv) agrees that its guarantee under the Facility Guaranty Agreement and the other Loan Papers Documents to which it is a party remains in full force and effect with respect to the Obligations Indebtedness as amended hereby.

Appears in 1 contract

Samples: Credit Agreement (Howell Corp /De/)

Ratification and Affirmation of Obligors. Each of the Obligors hereby expressly (ia) acknowledges the terms of this First Fourth Amendment, (iib) ratifies and affirms its obligations under the Facility Guaranty and the other Loan Papers to which it is a party, (iiic) acknowledges, renews and extends its continued liability under the Facility Guaranty and the other Loan Papers to which it is a party and (ivd) agrees that its guarantee under the Facility Guaranty and the other Loan Papers to which it is a party remains in full force and effect with respect to the Obligations as amended hereby.

Appears in 1 contract

Samples: Credit Agreement (Laredo Petroleum Holdings, Inc.)

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