Common use of RATIFICATION OF LOAN DOCUMENTS AND COLLATERAL Clause in Contracts

RATIFICATION OF LOAN DOCUMENTS AND COLLATERAL. Except as modified by this Second Amendment, each Credit Party hereby acknowledges, ratifies, reaffirms and agrees that each of the Loan Documents to which it is a party and the first priority, perfected Liens and security interests created thereby in favor of the Administrative Agent, for the benefit of the Secured Parties, in the Collateral, are and will remain in full force and effect and are and will remain binding on such Person, and are enforceable in accordance with their respective terms and applicable law. By its execution hereof, each Credit Party (in their respective individual capacities and in their respective capacities as member, shareholder or partner of each Credit Party, as applicable) acknowledges, ratifies and reaffirms all of the terms and provisions of the Loan Documents and the enforceability thereof against it, which terms and provisions, except as modified herein, are incorporated by reference as of the Second Amendment Effective Date as if set forth herein including, without limitation, all promises, agreements, warranties, representations, covenants, releases, and indemnifications contained therein. Without limitation of the foregoing, the Borrower hereby acknowledges, ratifies and confirms the Credit Agreement and all of its debts and obligations to the Administrative Agent, the Issuing Bank and the Lenders thereunder; each Credit Party hereby acknowledges, ratifies and confirms its guaranty of the Indebtedness under the Credit Agreement and all of its debts and obligations to the Administrative Agent, the Issuing Bank and the Lenders thereunder.

RATIFICATION OF LOAN DOCUMENTS AND COLLATERAL. Except as modified by this Second AmendmentAgreement, each Credit Party Obligor hereby acknowledges, ratifies, reaffirms and agrees that each of the Loan Documents to which it is a party and the first prioritypriority (subject to the Intercreditor Agreement), perfected Liens and security interests created thereby in favor of the Administrative Agent, for the benefit of the Secured Parties, in the Collateral, are and will remain in full force and effect and are and will remain binding on such PersonObligor, and are enforceable in accordance with their respective terms and applicable law. Each Obligor hereby grants to the Agent, for the benefit of the Secured Parties, or confirms that the Agent already possesses, Liens and security interests in the Collateral, as security for all of the Obligations (in the case of the U.S. Facility Obligors) or Canadian Facility Obligations (in the case of the Canadian Facility Obligors). In addition, each Obligor hereby agrees and confirms that the Agent, as a depository bank, has control over all Deposit Accounts of the Obligors and the contents thereof that are maintained with it. By its execution hereofhereof and thereof, each Credit Party Obligor (in their respective its individual capacities capacity and in their respective capacities its capacity as member, shareholder or partner of each Credit Partyother Obligor, as applicable) acknowledges, ratifies and reaffirms all of the terms and provisions of the Loan Documents and the enforceability thereof against it, which terms and provisions, except as modified herein, are incorporated by reference as of the Second Amendment Effective Date as if set forth herein including, without limitation, all promises, agreements, warranties, representations, covenants, releases, and indemnifications contained therein. Without limitation of the foregoing, the each Borrower hereby acknowledges, ratifies and confirms the Credit Loan Agreement and all of its debts and obligations to the Administrative Agent, the Issuing Bank Agent and the Lenders thereunder; each Credit Party U.S. Domiciled Obligor hereby acknowledges, ratifies and confirms its guaranty of the Indebtedness Obligations under the Credit Loan Agreement and all of its debts and obligations to the Administrative AgentAgent and the Lenders thereunder; and each Canadian Domiciled Obligor hereby acknowledges, ratifies and confirms its guaranty of the Issuing Bank Canadian Facility Obligations under the Loan Agreement and all of its debts and obligations to the Agent and the Lenders thereunder.

RATIFICATION OF LOAN DOCUMENTS AND COLLATERAL. Except as modified by this Second AmendmentAgreement, each Credit Party hereby acknowledges, ratifies, reaffirms and agrees that each of the Loan Documents to which it is a party and the first prioritypriority (subject only to Liens permitted by Section 9.03 of the Credit Agreement or, in the case of Borrowing Base Properties, subject only to Liens permitted by Section 9.03(a) and (f) of the Credit Agreement and Excepted Liens), perfected Liens and security interests created thereby in favor of the Administrative Agent, for the benefit of the Secured Parties, in the Collateral, are and will remain in full force and effect and are and will remain binding on such PersonCredit Party, and are enforceable in accordance with their respective terms and applicable law. By its execution hereof, each Credit Party (in their respective its individual capacities capacity and in their respective capacities its capacity as member, shareholder or partner of each other Credit Party, as applicable) acknowledges, ratifies and reaffirms all of the terms and provisions of the Loan Documents and the enforceability thereof against it, which terms and provisions, except as modified herein, are incorporated by reference as of the Second Amendment Forbearance Effective Date as if set forth herein including, without limitation, all promises, agreements, warranties, representations, covenants, releases, and indemnifications contained therein. Without limitation of the foregoing, the (i) Borrower hereby acknowledges, ratifies and confirms the Credit Agreement and all of its debts and obligations to the Administrative Agent, the Issuing Bank Agent and the Lenders thereunder; thereunder and (ii) each Credit Party hereby acknowledges, ratifies and confirms its guaranty of the Indebtedness under the Credit Agreement and all of its debts and obligations to the Administrative Agent, the Issuing Bank Agent and the Lenders thereunder.

RATIFICATION OF LOAN DOCUMENTS AND COLLATERAL. Except as modified by this Second Third Amendment, each Credit Party hereby acknowledges, ratifies, reaffirms and agrees that each of the Loan Documents to which it is a party and the first priority, perfected Liens and security interests created thereby in favor of the Administrative Agent, for the benefit of the Secured Parties, in the Collateral, are and will remain in full force and effect and are and will remain binding on such Person, and are enforceable in accordance with their respective terms and applicable law. By its execution hereof, each Credit Party (in their respective individual capacities and in their respective capacities as member, shareholder or partner of each Credit Party, as applicable) acknowledges, ratifies and reaffirms all of the terms and provisions of the Loan Documents and the enforceability thereof against it, which terms and provisions, except as modified herein, are incorporated by reference as of the Second Third Amendment Effective Date as if set forth herein including, without limitation, all promises, agreements, warranties, representations, covenants, releases, and indemnifications contained therein. Without limitation of the foregoing, the Borrower hereby acknowledges, ratifies and confirms the Credit Agreement and all of its debts and obligations to the Administrative Agent, the Issuing Bank and the Lenders thereunder; each Credit Party hereby acknowledges, ratifies and confirms its guaranty of the Indebtedness under the Credit Agreement and all of its debts and obligations to the Administrative Agent, the Issuing Bank and the Lenders thereunder.

RATIFICATION OF LOAN DOCUMENTS AND COLLATERAL. Except as modified by this Second AmendmentAgreement, each Credit Loan Party hereby acknowledges, ratifies, reaffirms and agrees that each of the Loan Documents to which it is a party and the first prioritypriority (subject only to Liens permitted by Section 6.02 of the Credit Agreement), perfected Liens and security interests created thereby in favor of the Administrative Agent, for the benefit of the Secured Parties, in the Collateral, are and will remain in full force and effect and are and will remain binding on such Person, and are enforceable in accordance with their respective terms and applicable law. By its execution hereof, each Credit Loan Party (in their respective its individual capacities capacity and in their respective capacities its capacity as member, shareholder or partner of each Credit other Loan Party, as applicable) acknowledges, ratifies and reaffirms all of the terms and provisions of the Loan Documents and the enforceability thereof against it, which terms and provisions, except as modified herein, are incorporated by reference as of the Second Amendment Forbearance Effective Date as if set forth herein including, without limitation, all promises, agreements, warranties, representations, covenants, releases, and indemnifications contained therein. Without limitation of the foregoing, (i) the Borrower hereby acknowledges, ratifies and confirms the Credit Agreement and all of its debts and obligations to the Administrative Agent, the Swingline Lender, the Issuing Bank and the Lenders thereunder; thereunder and (ii) each Credit Loan Party hereby acknowledges, ratifies and confirms its guaranty of the Indebtedness Secured Obligations under the Credit Agreement and all of its debts and obligations to the Administrative Agent, the Issuing Bank Bank, the Swingline Lender, and the Lenders thereunder.

RATIFICATION OF LOAN DOCUMENTS AND COLLATERAL. Except as modified by this Second AmendmentAgreement, each Credit Party hereby acknowledges, ratifies, reaffirms and agrees that each of the Loan Documents to which it is a party and the first priority, perfected Liens and security interests created thereby in favor of the Administrative Agent, for the benefit of the Secured Parties, in the Collateral, are and will remain in full force and effect and are and will remain binding on such Person, and are enforceable in accordance with their respective terms and applicable law. By its execution hereof, each Credit Party (in their respective individual capacities and in their respective capacities as member, shareholder or partner of each Credit Party, as applicable) acknowledges, ratifies and reaffirms all of the terms and provisions of the Loan Documents and the enforceability thereof against it, which terms and provisions, except as modified herein, are incorporated by reference as of the Second Amendment Forbearance Effective Date as if set forth herein including, without limitation, all promises, agreements, warranties, representations, covenants, releases, and indemnifications contained therein. Without limitation of the foregoing, the Borrower hereby acknowledges, ratifies and confirms the Credit Agreement and all of its debts and obligations to the Administrative Agent, the Issuing Bank and the Lenders thereunder; each Credit Party hereby acknowledges, ratifies and confirms its guaranty of the Indebtedness under the Credit Agreement and all of its debts and obligations to the Administrative Agent, the Issuing Bank and the Lenders thereunder.

RATIFICATION OF LOAN DOCUMENTS AND COLLATERAL. Except as modified by this Second First Amendment, each Credit Party hereby acknowledges, ratifies, reaffirms and agrees that each of the Loan Documents to which it is a party and the first priority, perfected Liens and security interests created thereby in favor of the Administrative Agent, for the benefit of the Secured Parties, in the Collateral, are and will remain in full force and effect and are and will remain binding on such Person, and are enforceable in accordance with their respective terms and applicable law. By its execution hereof, each Credit Party (in their respective individual capacities and in their respective capacities as member, shareholder or partner of each Credit Party, as applicable) acknowledges, ratifies and reaffirms all of the terms and provisions of the Loan Documents and the enforceability thereof against it, which terms and provisions, except as modified herein, are incorporated by reference as of the Second First Amendment Effective Date as if set forth herein including, without limitation, all promisesPromises, agreements, warranties, representations, covenants, releases, and indemnifications contained therein. Without limitation of the foregoing, the Borrower hereby acknowledges, ratifies and confirms the Credit Agreement and all of its debts and obligations to the Administrative Agent, the Issuing Bank and the Lenders thereunder; each Credit Party hereby acknowledges, ratifies and confirms its guaranty of the Indebtedness under the Credit Agreement and all of its debts and obligations to the Administrative Agent, the Issuing Bank and the Lenders thereunder.