Reaffirmation of Collateral Documents Sample Clauses

Reaffirmation of Collateral Documents. Each Credit Party hereby (a) affirms that (i) except as expressly contained herein, nothing contained therein shall modify in any respect whatsoever any of its obligations under any of the Collateral Documents to which it is a party and (ii) each such Collateral Document is and shall continue to remain in full force and effect and (b) agrees that all references in any of the Loan Documents to the "Obligations" shall be deemed to refer to the definition of "Obligations" as amended by this Amendment and as otherwise amended from time to time.
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Reaffirmation of Collateral Documents. In connection with this Amendment, each Loan Party party hereto, as debtor, grantor, pledgor, guarantor, or another similar capacity in which such Loan Party grants Liens or security interests or otherwise acts as a guarantor, joint or several obligor or other accommodation party, as the case may be, in each case under the Collateral Documents heretofore executed and delivered in connection with or pursuant to the Credit Agreement (as such Collateral Documents may have been heretofore, or are hereby, amended, restated, supplemented or otherwise modified), hereby (a) ratifies and reaffirms all of its payment and performance obligations, contingent or otherwise, under such Collateral Documents to which it is a party, (b) to the extent such Loan Party granted Liens on or security interests in any of its properties pursuant to such Collateral Documents, hereby ratifies and reaffirms such grant of security and confirms that such Liens and security interests continue to secure the Secured Obligations (as defined in the Collateral Agreement) thereunder and (c) to the extent such Loan Party guaranteed, was joint or severally liable, or provided other accommodations with respect to, the Obligations or any portion thereof, hereby ratifies and reaffirms such guaranties, liabilities and other accommodations.
Reaffirmation of Collateral Documents. Each Transaction Party (a) is party to certain Collateral Documents securing the Secured Obligations, (b) reaffirms the terms of and its obligations (and the security interests granted by it) under each Collateral Document to which it is a party, and agrees that each such Collateral Document will continue in full force and effect to secure the Secured Obligations, as amended hereby, and (c) acknowledges, represents, warrants, and agrees that the Liens and security interests granted by it pursuant to the Collateral Documents to which it is a party are valid, enforceable, and subsisting, and the Collateral Documents create a Lien on and security interest in the Collateral (subject to the Permitted Liens) to secure the Secured Obligations, and such Liens and security interests are perfected in accordance with the Credit Documents.
Reaffirmation of Collateral Documents. Duly executed originals of a Reaffirmation of Collateral Documents, dated the Third Amendment Effective Date, executed by each Credit Party.
Reaffirmation of Collateral Documents. Each Credit Party (i) acknowledges and confirms that notwithstanding the execution of this Agreement and the consummation of the transactions contemplated hereunder or any other facts and circumstances, all of the terms and conditions, representations and covenants contained in the Collateral Documents are and shall remain in full force and effect in accordance with their respective terms and the security interests and liens theretofore granted, pledged and/or assigned under the Collateral Documents as security for the Obligations shall not be impaired, limited or affected in any manner whatsoever; and (ii) represents, warrants and confirms that no offsets, counterclaims or defenses exist with respect to each of the Credit Partiesobligations under the Collateral Documents.
Reaffirmation of Collateral Documents. The Borrowers have heretofore executed and delivered to the Agent the Collateral Documents. The Borrowers hereby agree that notwithstanding the execution and delivery of this Agreement, each of the Collateral Documents shall be and remain in full force and effect and that any rights and remedies of the Agent and the Lenders thereunder, obligations of the Borrowers thereunder and any liens or security interests created or provided for thereunder shall be and remain in full force and effect and shall not be affected, impaired or discharged thereby and shall secure all of its indebtedness, obligations and liabilities to the Agent and the Lenders under the Original Credit Agreement as amended and restated hereby. Nothing herein contained shall in any manner affect or impair the priority of the liens and security interests created and provided for by the Collateral Documents as to the indebtedness which would be secured thereby prior to giving effect to this Amendment. Without limiting the foregoing, each of the Borrowers acknowledges and agrees that all of its indebtedness, obligations and liabilities to the Agent and the Lenders pursuant to the Original Credit Agreement as amended and restated hereby, including without limitation, all principal of and interest on the Notes (as defined in the Original Credit Agreement as amended and restated hereby) and Reimbursement Obligations, whether presently existing or hereafter arising, shall constitute "Secured Obligations" as defined in each of the Security Agreements and shall be secured by, and entitled to all of the benefits of, the liens and security interest created and provided for under the Security Agreements. In furtherance of the foregoing, each Borrower hereby grants to the Agent for the benefit of the Lenders, and hereby agrees that the Agent for the benefit of the Lenders shall continue to have a continuing security interest in, all and singular of the Borrowers' receivables, general intangibles, accounts receivable, machinery, equipment, inventory, books and records, documents, accessions and additions to all of the foregoing and all products and proceeds of each of the foregoing, and all proceeds or collection of any of the foregoing and all of the other collateral described or referred to in the granting clauses of the Security Agreements, each and all of which granting clauses are hereby incorporated by reference herein in their entirety. The foregoing grant shall be in addition to and supplemental o...
Reaffirmation of Collateral Documents. The Company has heretofore executed and delivered to the Agent an Amended and Restated Security Agreement dated as of May 15, 1997 and an Amended and Restated Pledge Agreement dated as of May 15, 1997 and certain other Collateral Documents for the benefit of the Agent and the Lenders. The Company hereby agrees that, notwithstanding the execution and delivery of this Agreement, all Collateral Documents heretofore executed and delivered to the Agent shall remain in full force and effect and shall secure all the Obligations of the Company hereunder and under the other Loan Documents and that all rights and remedies of the Agent and the Lenders thereunder, and all Obligations of the Company thereunder and all Liens created and provided for thereunder, shall be and remain in full force and effect and shall not be affected, impaired, or discharged hereby. The Company hereby acknowledges and agrees, and the Agent and the Lenders hereby acknowledge and agree, that the "Credit Agreement" and the "Notes" referred to in the Amended and Restated Security Agreement, Amended and Restated Pledge Agreement, and such other Collateral Documents shall from and after the date hereof be deemed a reference to this Agreement and the Notes issued hereunder.
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Reaffirmation of Collateral Documents. As of the First Amendment Date, Borrower hereby (a) acknowledges and reaffirms the execution and delivery of the Collateral Documents, (b) acknowledges, reaffirms and agrees that the security interests granted under the Collateral Documents continue in full force and effect as security for all indebtedness, obligations and liabilities under the Loan Documents, as may be amended from time to time, and (c) remakes the representations and warranties set forth in the Collateral Documents, except those representations and warranties that by their terms are made as of a specific date, which representations and warranties Borrower hereby remakes as of such date.
Reaffirmation of Collateral Documents. Each Reaffirming Party hereby (to the extent such Reaffirming Party is a party to any Collateral Document (including, without limitation, the Original Guaranty and Security Agreement) (a) acknowledges and agrees the Liens granted to the Administrative Agent for the benefit of the Secured Parties under the Collateral Documents are in full force and effect, constitute valid and perfected Liens on the Collateral having priority over all other Liens on the Collateral (except Permitted Liens) and are enforceable in accordance with the terms of the applicable Collateral Documents, and will continue to secure the Obligations, including the Obligations pursuant to the Credit Agreement, (b) reaffirms all of its obligations owing to the Administrative Agent and the Lenders under the Collateral Documents, and (c) acknowledges and agrees that the Collateral Documents shall continue to constitute a legal, valid and binding obligation of such Reaffirming Party, enforceable in accordance with their terms.
Reaffirmation of Collateral Documents. (a) Each Borrower hereby (i) reaffirms the execution and delivery of each Collateral Document to which it is a party; (ii) reaffirms each such Collateral Document in its entirety, including its obligations as set forth in each of the Collateral Documents to which it is a party; (iii) remakes the representations and warranties set forth in each Collateral Document for the benefit of Agent as of the date hereof and confirms that the information in each such document remains true and correct as of the date hereof; and (iv) agrees to continue to comply with, and be subject to, all of the terms, provisions, conditions, covenants, agreements and obligations applicable to it as set forth in each of the Collateral Documents to which it is a party, each of which remains in full force and effect.
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