Common use of Reaffirmation Clause in Contracts

Reaffirmation. Each Loan Party consents to the amendment of the Credit Agreement effected hereby and confirms and agrees that, notwithstanding the effectiveness of this Amendment, each Loan Document to which such Loan Party is a party is, and the obligations of such Loan Party contained in the Credit Agreement, this Amendment or in any other Loan Document to which it is a party are, and shall continue to be, in full force and effect and are hereby ratified and confirmed in all respects, in each case, as amended by this Amendment. For greater certainty and without limiting the foregoing, each Loan Party hereby confirms (i) the existing security interests granted in favor of the Collateral Agent for the benefit of, among others, the Lenders pursuant to the Loan Documents in the Collateral described therein, which security interests shall continue in full force and effect after giving effect to this Amendment to secure the Obligations as and to the extent provided in the Loan Documents and (ii) its obligations under the Guaranty Agreement shall remain in full force and effect after giving effect to this Amendment and the obligations under this Amendment constitute “Obligations” included within the Guarantee in accordance with the terms therein.

Appears in 7 contracts

Sources: Credit Agreement (Ascend Wellness Holdings, Inc.), Credit Agreement (Ascend Wellness Holdings, Inc.), Credit Agreement

Reaffirmation. Each of TopCo and the Loan Parties hereby acknowledges that it expects to receive substantial direct and indirect benefits as a result of this Amendment and the transactions contemplated hereby. Each of TopCo and each Loan Party hereby consents to this Amendment and the amendment of the Credit Agreement effected transactions contemplated hereby, and hereby (a) reaffirms and confirms its guarantees, pledges, grants and other commitments and obligations, as applicable, under the Loan Documents to which it is party, (b) affirms and confirms its obligations to indemnify and other commitments and obligations under the Loan Documents to which it is a party, and (c) agrees that, notwithstanding the effectiveness of this Amendment, each Loan Document to which such Loan Party is a party is, Amendment and the obligations of such transactions contemplated hereby, (i) the Loan Party contained in the Credit Agreement, this Amendment or in any other Loan Document Documents to which it is a party areparty, as amended supplemented and otherwise modified hereby, shall continue to be, be in full force and effect and are hereby ratified (ii) all guarantees, pledges, grants and confirmed in all respects, in each case, as amended by this Amendment. For greater certainty and without limiting the foregoing, each Loan Party hereby confirms (i) the existing security interests granted in favor of the Collateral Agent for the benefit of, among others, the Lenders pursuant to the Loan Documents in the Collateral described therein, which security interests other obligations thereunder shall continue to be in full force and effect after giving effect to this Amendment to secure the Obligations as and shall accrue to the extent provided in benefit of the Loan Documents and (ii) its obligations under the Guaranty Agreement shall remain in full force and effect after giving effect to this Amendment and the obligations under this Amendment constitute “Obligations” included within the Guarantee in accordance with the terms thereinSecured Parties.

Appears in 5 contracts

Sources: Credit Agreement (Aspect Software Parent, Inc.), Credit Agreement (Aspect Software Group Holdings Ltd.), Credit Agreement (Aspect Software Group Holdings Ltd.)

Reaffirmation. Each Loan By signing this Amendment, each Credit Party consents to the amendment of the Credit Agreement effected hereby and confirms and agrees that, that notwithstanding the effectiveness of this AmendmentAmendment and the transactions contemplated hereby, the obligations of such Credit Parties under the Amended Credit Agreement and the other Credit Documents (i) are entitled to the benefits of the guarantees and the security interests set forth or created in the Amended Credit Agreement, the Security Agreement, the other Security Documents and the other Credit Documents, (ii) constitute “Guaranteed Obligations” and “Obligations” for purposes of the Amended Credit Agreement, the Security Agreement, the other Security Documents and all other Credit Documents, (iii) each Loan Guarantor hereby confirms and ratifies its continuing unconditional obligations as Guarantor under the Credit Agreement as amended hereby with respect to all of the Guaranteed Obligations and (iv) each Credit Document to which such Loan Credit Party is a party is, and the obligations of such Loan Party contained in the Credit Agreement, this Amendment or in any other Loan Document to which it is a party are, and shall continue to be, in full force and effect and are is hereby ratified and confirmed in all respects, in each case, as amended by this Amendment. For greater certainty respects and without limiting the foregoing, each Loan Party hereby confirms (i) the existing security interests granted in favor of the Collateral Agent for the benefit of, among others, the Lenders pursuant to the Loan Documents in the Collateral described therein, which security interests shall continue in full force and effect after giving effect to this Amendment to secure the Obligations as and to the extent provided in the Loan Documents and (ii) its obligations under the Guaranty Agreement shall remain in full force and effect after giving effect according to this Amendment its terms (in the case of the Credit Agreement, as amended hereby). Each Credit Party ratifies and confirms that all Liens granted, conveyed, or assigned to any Agent by such Person pursuant to any Credit Document to which it is a party remain in full force and effect, are not released or reduced, and continue to secure full payment and performance of the obligations under this Amendment constitute “Obligations” included within the Guarantee in accordance with the terms thereinObligations as increased hereby.

Appears in 4 contracts

Sources: Revolving Credit Agreement (PAE Inc), Revolving Credit Agreement (PAE Inc), Second Lien Term Loan Credit Agreement (PAE Inc)

Reaffirmation. Each Loan Party hereby: (a) acknowledges and consents to this Amendment and the amendment of the Credit Agreement effected hereby terms and confirms provisions hereof; (b) acknowledges and agrees that, notwithstanding as of the effectiveness Amendment No. 8 Effective Date, the Obligations constitute valid and subsisting obligations of this Amendmentthe Loan Parties to the Lenders that are not subject to any credits, offsets, defenses, claims, counterclaims or adjustments of any kind; (c) reaffirms the covenants and agreements contained in each Loan Document to which such Person is party, including, in each case, as such covenants and agreements may be modified by this Amendment and the transactions contemplated hereby; and (d) reaffirms that each of the Liens created and granted in or pursuant to the Loan Party Documents in favor of Cortland as Successor Agent, for the benefit of the holders of the Obligations is a party isvalid and subsisting, and the obligations of such Loan Party contained in the Credit Agreement, acknowledges and agrees that this Amendment shall in no manner impair or in any other otherwise adversely affect such Liens, except as explicitly set forth herein; and (e) confirms that each Loan Document to which it such Person is a party are, is and shall continue to be, be in full force and effect and the same are hereby ratified and confirmed in all respects, in each case, as amended by this Amendment. For greater certainty and without limiting the foregoing, each Loan Party hereby confirms (i) the existing security interests granted in favor of the Collateral Agent for the benefit of, among others, the Lenders pursuant to the Loan Documents in the Collateral described therein, which security interests shall continue in full force and effect after giving effect to this Amendment to secure the Obligations as and to the extent provided in the Loan Documents and (ii) its obligations under the Guaranty Agreement shall remain in full force and effect after giving effect to this Amendment and the obligations under this Amendment constitute “Obligations” included within the Guarantee in accordance with the terms therein.

Appears in 3 contracts

Sources: Credit Agreement, Credit Agreement (Ascent Capital Group, Inc.), Credit Agreement

Reaffirmation. Each Loan Party consents of the Reaffirming Parties, as party to the amendment of the Credit Agreement effected and certain of the Collateral Documents and the other Loan Documents, in each case as amended, supplemented or otherwise modified from time to time, hereby and confirms (i) acknowledges and agrees that, notwithstanding the effectiveness that all of this Amendment, each Loan Document to which such Loan Party is a party is, and the its obligations of such Loan Party contained in under the Credit Agreement, this Amendment or in any the Collateral Documents and the other Loan Document Documents to which it is a party are, are reaffirmed and shall continue to be, remain in full force and effect and are hereby ratified and confirmed in all respectson a continuous basis, in (ii) reaffirms (A) each case, as amended Lien granted by this Amendment. For greater certainty and without limiting it to the foregoing, each Loan Party hereby confirms (i) the existing security interests granted in favor of the Collateral Administrative Agent for the benefit of, among others, of the Lenders Secured Parties and (B) any guaranties made by it pursuant to any Loan Guaranty, (iii) acknowledges and agrees that the Loan Documents grants of security interests by it contained in the Security Agreement and any other Collateral described thereinDocument shall remain, which security interests shall continue in full force and effect after giving effect to the Amendment, and (iv) agrees that the Obligations include, among other things and without limitation, the payment of any principal or interest on the Term Loans under the Credit Agreement as amended by this Amendment. Nothing contained in this Amendment to secure shall be construed as substitution or novation of the Obligations as and to the extent provided in the Loan Documents and (ii) its obligations outstanding under the Guaranty Credit Agreement or the other Loan Documents, which shall remain in full force and effect after giving effect effect, except to this Amendment and the obligations under this Amendment constitute “Obligations” included within the Guarantee in accordance with the terms thereinany extent modified hereby.

Appears in 2 contracts

Sources: Credit Agreement (Cotiviti Holdings, Inc.), Credit Agreement (Cotiviti Holdings, Inc.)

Reaffirmation. Each Loan Party consents to the amendment of the Credit Agreement effected hereby and confirms and agrees that, notwithstanding the effectiveness of this Fourth Amendment, each Loan Document to which such Loan Party is a party is, and the obligations of such Loan Party contained in the Credit Agreement, this Fourth Amendment or in any other Loan Document to which it is a party are, and shall continue to be, in full force and effect and are hereby ratified and confirmed in all respects, in each case, as amended by this Fourth Amendment. For greater certainty and without limiting the foregoing, each Loan Party hereby confirms reaffirms (i) the existing security interests granted in favor of its grant to the Collateral Agent Agent, for the benefit ofof the Lenders, among othersof a continuing security interest in and Lien upon the Collateral of such Loan Party, whether now owned or hereafter acquired or arising, and wherever located, all as provided in the Lenders pursuant to Loan Documents, and further acknowledges and agrees that the Loan Documents in continue to secure the Collateral described thereinObligations, which security interests shall continue in full force and effect after as modified pursuant to this Fourth Amendment, to the same extent as prior to giving effect to this Amendment to secure the Obligations as and to the extent provided in the Loan Documents Fourth Amendment, and (ii) its obligations under the Guaranty Agreement shall remain in full force and effect after giving effect to this Fourth Amendment and the obligations under this this Fourth Amendment constitute “Obligations” included within for the purposes of the Guarantee in accordance with the terms therein.

Appears in 2 contracts

Sources: Credit Agreement (TerrAscend Corp.), Credit Agreement (TerrAscend Corp.)

Reaffirmation. Each Loan Party consents to the amendment of the Credit Agreement effected hereby and confirms (a) acknowledges and agrees that, notwithstanding the effectiveness of this Amendment, each Loan Document to which such Loan Party is a party is, and the obligations that all of such Loan Party contained in Party’s obligations under the Credit AgreementLoan Documents (as amended, this Amendment modified, extended or in any other Loan Document affected hereby) to which it is a party are, are reaffirmed and shall continue to be, remain in full force and effect and are hereby ratified and confirmed in all respectson a continuous basis as amended, in each casemodified, as amended extended or affected by this Amendment. For greater certainty , (b) reaffirms each Lien and without limiting the foregoing, each Loan Party hereby confirms (i) the existing security interests interest granted in favor of by it to the Collateral Agent Trustee for the benefit of, among others, of the Lenders pursuant to the Loan Documents in the Collateral described therein, which security interests shall continue in full force and effect after giving effect to this Amendment Secured Parties to secure the Obligations (as amended, modified, extended or affected hereby) and the Guarantees of the Obligations (as amended, modified, extended or affected hereby) made by it pursuant to the extent provided Credit Agreement and (c) acknowledges and agrees that the grants of Liens and security interests by and the Guarantees of the Loan Parties contained in the Credit Agreement and the other Loan Documents are, and (ii) its obligations under the Guaranty Agreement shall remain remain, in full force and effect after giving effect to this Amendment and the obligations under this Amendment constitute “Obligations” included within Credit Agreement and the Guarantee in accordance with transactions contemplated hereby and thereby. Each Loan Party hereby consents to the terms thereinamendments to the Credit Agreement effectuated hereby.

Appears in 2 contracts

Sources: Credit Agreement (Full House Resorts Inc), Credit Agreement (Full House Resorts Inc)

Reaffirmation. Each Loan Party consents to the amendment of the Credit Agreement effected hereby and confirms and agrees that, notwithstanding the effectiveness of this Third Amendment, each Loan Document to which such Loan Party is a party is, and the obligations of such Loan Party contained in the Credit Agreement, this Third Amendment or in any other Loan Document to which it is a party are, and shall continue to be, in full force and effect and are hereby ratified and confirmed in all respects, in each case, as amended by this Third Amendment. For greater certainty and without limiting the foregoing, each Loan Party hereby confirms reaffirms (i) its grant to the existing security interests granted in favor of the Collateral Agent Agent, for the benefit ofof the Lenders, among othersof a continuing security interest in and Lien upon the Collateral of such Loan Party, whether now owned or hereafter acquired or arising, and wherever located, all as provided in the Lenders pursuant to Loan Documents, and further acknowledges and agrees that the Loan Documents in continue to secure the Collateral described thereinObligations, which security interests shall continue in full force and effect after as modified pursuant to this Third Amendment, to the same extent as prior to giving effect to this Amendment to secure the Obligations as and to the extent provided in the Loan Documents Third Amendment, and (ii) its obligations under the Guaranty Agreement shall remain in full force and effect after giving effect to this Third Amendment and the obligations under this this Third Amendment constitute “Obligations” included within for the purposes of the Guarantee in accordance with the terms therein.

Appears in 2 contracts

Sources: Credit Agreement (TerrAscend Corp.), Credit Agreement (TerrAscend Corp.)

Reaffirmation. Each Loan Party hereby consents to the amendment of the Credit Agreement effected this Amendment and hereby (a) reaffirms and confirms its guarantees, pledges, grants of security interests and other obligations, as applicable, under the Loan Guarantee and each Collateral Document to which it is party, (b) affirms and confirms its obligations to indemnify and other commitments and obligations under the Loan Documents to which it is a party and (c) agrees that, notwithstanding the effectiveness of this Amendment, (i) the Loan Guarantee and each Loan Document to which such Loan Party is a party is, and the obligations of such Loan Party contained in the Credit Agreement, this Amendment or in any other Loan Collateral Document to which it is a party are, and shall continue to be, be in full force and effect and are hereby ratified (ii) all guarantees, pledges, grants and confirmed in all respects, in each case, as amended by this Amendment. For greater certainty and without limiting the foregoing, each Loan Party hereby confirms (i) the existing security interests granted in favor of the Collateral Agent for the benefit of, among others, the Lenders pursuant to the Loan Documents in the Collateral described therein, which security interests other obligations thereunder shall continue to be in full force and effect after giving effect to this Amendment to secure the Obligations as and shall accrue to the extent provided in benefit of the Lender Parties. Each Loan Documents Party hereby confirms and (ii) its agrees that obligations under the Guaranty Agreement shall remain in full force and effect after giving effect to this Amendment and the obligations under this Amendment Credit Agreement, as modified hereby, constitute “Obligations” included within and “Secured Obligations” (or words of similar import) under and as used in the Loan Guarantee in accordance with the terms thereinand each Collateral Document to which it is a party.

Appears in 1 contract

Sources: Credit Agreement (Ascena Retail Group, Inc.)

Reaffirmation. Each Loan Party consents to the amendment of the Credit Agreement effected hereby and confirms and agrees that, notwithstanding the effectiveness of this Seventh Amendment, each Loan Document to which such Loan Party is a party is, and the obligations of such Loan Party contained in the Credit Agreement, this Seventh Amendment or in any other Loan Document to which it is a party are, and shall continue to be, in full force and effect and are hereby ratified and confirmed in all respects, in each case, as amended by this Seventh Amendment. For greater certainty and without limiting the foregoing, each Loan Party hereby confirms reaffirms (i) the existing security interests granted in favor of its grant to the Collateral Agent Agent, for the benefit ofof the Lenders, among othersof a continuing security interest in and Lien upon the Collateral of such Loan Party, whether now owned or hereafter acquired or arising, and wherever located, all as provided in the Lenders pursuant to Loan Documents, and further acknowledges and agrees that the Loan Documents in continue to secure the Collateral described thereinObligations, which security interests shall continue in full force and effect after as modified pursuant to this Seventh Amendment, to the same extent as prior to giving effect to this Amendment to secure the Obligations as and to the extent provided in the Loan Documents Seventh Amendment, and (ii) its obligations under the Guaranty Agreement shall remain in full force and effect after giving effect to this Seventh Amendment and the obligations under this this Seventh Amendment constitute “Obligations” included within for the purposes of the Guarantee in accordance with the terms therein.

Appears in 1 contract

Sources: Credit Agreement (TerrAscend Corp.)

Reaffirmation. Each Loan Party consents to the amendment of the Credit Loan Agreement effected hereby and confirms and agrees that, notwithstanding the effectiveness of this Third Amendment, each Loan Document to which such Loan Party is a party is, and the obligations of such Loan Party contained in the Credit Loan Agreement, this Third Amendment or in any other Loan Document to which it is a party are, and shall continue to be, in full force and effect and are hereby ratified and confirmed in all respects, in each case, as amended by this Third Amendment. For greater certainty and without limiting the foregoing, each Loan Party hereby confirms reaffirms (i) the existing its grant to Lender of a continuing security interests granted interest in favor of and Lien upon the Collateral Agent for of such Loan Party, whether now owned or hereafter acquired or arising, and wherever located, all as provided in the benefit ofLoan Documents, among others, the Lenders pursuant to and further acknowledges and agrees that the Loan Documents in continue to secure the Collateral described thereinObligations, which security interests shall continue in full force and effect after as modified pursuant to this Third Amendment, to the same extent as prior to giving effect to this Amendment to secure the Obligations as and to the extent provided in the Loan Documents Third Amendment, and (ii) its obligations Guaranteed Obligations under the Guaranty Loan Agreement shall remain in full force and effect after giving effect to this Third Amendment and the obligations under this this Third Amendment constitute “Guaranteed Obligations” included within for purposes of the Guarantee Loan Agreement in accordance with the terms therein.

Appears in 1 contract

Sources: Loan Agreement (TerrAscend Corp.)

Reaffirmation. Each Loan Note Party party hereto hereby (i) consents to the amendment of the Credit Existing Note Purchase Agreement effected hereby and confirms hereby, (ii) acknowledges and agrees thatthat all of its obligations under the Existing Note Purchase Agreement, notwithstanding the effectiveness of this Amendment, each Loan Document to which such Loan Party is a party is, Collateral Documents and the obligations of such Loan Party contained in the Credit Agreement, this Amendment or in any other Loan Document Note Documents to which it is a party are, are reaffirmed and shall continue to be, remain in full force and effect on a continuous basis and are hereby ratified and confirmed in all respects, in each case, case as amended by this Amendment. For greater certainty and without limiting the foregoing, (iii) reaffirms (A) each Loan Party hereby confirms (i) the existing security interests Lien granted in favor of by it to the Collateral Agent for the benefit of, among others, of the Lenders Secured Parties and (B) any guarantees made by it pursuant to the Loan Documents Guaranty, (iv) acknowledges and agrees that the grants of security interests by it contained in the Collateral described therein, which security interests shall continue in full force and effect after giving effect to this Amendment to secure the Obligations as and to the extent provided in the Loan Documents and (ii) its obligations under the Guaranty Agreement shall remain in full force and effect after giving effect and continue to secure the obligations of the Note Parties under the Amended Note Purchase Agreement and (v) agrees that the Obligations include, among other things and without limitation, the payment of any principal or interest on the Fourth Amendment Notes. Nothing contained in this Amendment and shall be construed as substitution or novation of the obligations outstanding under this Amendment constitute “Obligations” included within the Guarantee Existing Note Purchase Agreement or the other Note Documents, which shall remain in accordance with the terms thereinfull force and effect, except to any extent modified hereby.

Appears in 1 contract

Sources: Note Purchase Agreement (ATI Physical Therapy, Inc.)

Reaffirmation. (a) Each Loan Party consents to hereby (i) expressly acknowledges the amendment terms of the Credit Agreement effected hereby and confirms and agrees that, notwithstanding the effectiveness of this Amendment, each Loan Document to which such Loan Party is a party is, and the obligations of such Loan Party contained in the Credit Agreement, (ii) ratifies and affirms its obligations under the Loan Documents (including guarantees and security agreements) executed by the undersigned, (iii) acknowledges, renews and extends its continued liability under all such Loan Documents and agrees such Loan Documents remain in full force and effect, (iv) agrees that each Security Document secures all Obligations of the Loan Parties in accordance with the terms thereof and (v) confirms this Amendment does not represent a novation of any Loan Document. Each Loan Party ratifies and confirms that all Liens granted, conveyed, or in any other assigned to the Administrative Agent by such Person pursuant to each Loan Document to which it is a party are, and shall continue to be, remain in full force and effect effect, are not released or reduced, and are continue to secure full payment and performance of the Obligations. (b) Each Loan Party hereby ratified reaffirms, as of the Third Amendment Effective Date, (i) the covenants and confirmed agreements contained in all respectseach Loan Document to which it is a party, including, in each case, such covenants and agreements as amended by this Amendment. For greater certainty and without limiting the foregoing, each Loan Party hereby confirms (i) the existing security interests granted in favor of the Collateral Agent for the benefit of, among others, the Lenders pursuant to the Loan Documents in the Collateral described therein, which security interests shall continue in full force and effect after giving effect to this Amendment to secure the Obligations as and to the extent provided in the Loan Documents and (ii) its obligations under the Guaranty Agreement shall remain in full force and effect immediately after giving effect to this Amendment and the obligations under this Amendment constitute “Obligations” included within transactions contemplated thereby and (ii) its guarantee of payment of the Obligations pursuant to the Guarantee in accordance with Agreement and its grant of Liens on the terms thereinCollateral to secure the Obligations.

Appears in 1 contract

Sources: Credit Agreement (Tenneco Inc)

Reaffirmation. Each By signing this Agreement, each Loan Party consents and each Pledgor hereby confirms that this Agreement shall not effect a novation of any of the obligations of the Loan Parties under the Existing Credit Agreement, which obligations continue in full force and effect as set forth in the Second Amended Credit Agreement, and each Loan Party and each Pledgor acknowledges and confirms that the obligations of the Loan Parties under the Existing Credit Agreement as modified or supplemented hereby (including with respect to the amendment Revolving Loans contemplated by this Agreement) and the other Loan Documents (i) are entitled to the benefits of the guarantees, pledge of and/or grant of the security interests set forth or created in the Collateral Documents and the other Loan Documents, (ii) constitute “Obligations” and “Secured Obligations” or other similar term for purposes of the Second Amended Credit Agreement effected hereby Agreement, the Collateral Documents and confirms and agrees thatall other Loan Documents, (iii) notwithstanding the effectiveness of this Amendmentthe terms hereof, each Loan Document to which such Loan Party is a party is, the Collateral Documents and the obligations of such Loan Party contained in the Credit Agreement, this Amendment or in any other Loan Document to which it is a party Documents are, and shall continue to be, in full force and effect and are hereby ratified and confirmed in all respects, in each case, as amended by this Amendment. For greater certainty and without limiting the foregoing, each Loan Party hereby confirms (i) the existing security interests granted in favor of the Collateral Agent for the benefit of, among others, the Lenders pursuant to the Loan Documents in the Collateral described therein, which security interests shall continue in full force and effect after giving effect to this Amendment to secure the Obligations as and to the extent provided in the Loan Documents and (ii) its obligations under the Guaranty Agreement shall remain in full force and effect after giving effect to this Amendment and the obligations under this Amendment constitute “Obligations” included within the Guarantee in accordance with the terms therein.

Appears in 1 contract

Sources: Credit Agreement (Ryman Hospitality Properties, Inc.)

Reaffirmation. Each Loan Party hereby acknowledges its receipt of a copy of this Amendment and its review of the terms and conditions hereof and consents to the amendment of the Credit Agreement effected hereby terms and confirms and agrees that, notwithstanding the effectiveness conditions of this Amendment, each Loan Document to which such Amendment and the transactions contemplated hereby. Each Loan Party is a party is, and the obligations of such Loan Party contained in the Credit Agreement, this Amendment or in any other hereby (a) agrees that (i) each Loan Document to which it is a party are, and shall continue to be, be in full force and effect and are hereby ratified (ii) all guarantees under the Guaranty and confirmed in all respects, in each case, as amended by this Amendment. For greater certainty grants and without limiting pledges under the foregoing, each Loan Party hereby confirms (i) the existing security interests granted in favor of the Collateral Agent for the benefit of, among others, the Lenders pursuant to the Loan Documents in the Collateral described therein, which security interests Security Agreement shall continue to be in full force and effect after giving effect to this Amendment to secure the Obligations as and shall accrue to the extent provided in benefit of the Loan Documents Lenders, (b) affirms and (ii) its obligations confirms that all Liens and security interests granted to the Administrative Agent for the benefit of the Secured Parties under the Guaranty Agreement shall Collateral Documents remain in full force and effect after giving effect and shall continue to secure the Secured Obligations (as defined in the Security Agreement) with the same priority, and the validity, perfection, enforceability or priority of such Liens will not be impaired by this Amendment, and (c) acknowledges and accepts that the Lenders’ agreement to the terms of this Amendment and or any other amendment of the obligations under this Amendment constitute “Obligations” included within Existing Credit Agreement or any other Loan Document shall not be deemed to establish or create a custom or course of dealing between the Guarantee in accordance with Borrower or any other Loan Party or the terms thereinLenders, or any of them.

Appears in 1 contract

Sources: Credit Agreement (AdvanSix Inc.)

Reaffirmation. Each Loan By signing this Amendment, each Credit Party consents to the amendment of the Credit Agreement effected hereby and confirms and agrees that, that notwithstanding the effectiveness of this AmendmentAmendment and the transactions contemplated hereby, the obligations of such Credit Parties under the Amended Credit Agreement and the other Loan Documents (i) are entitled to the benefits of the guarantees and the security interests set forth or created in the Amended Credit Agreement, the Security Agreement, the other Collateral Documents and the other Loan Documents, (ii) constitute “Guarantee Obligations” and “Obligations” for purposes of the Amended Credit Agreement, the Security Agreement, the other Collateral Documents and all other Loan Documents, (iii) each Guarantor hereby confirms and ratifies its continuing unconditional obligations as Guarantor under the Credit Agreement as amended hereby with respect to all of the Guarantee Obligations and (iv) each Loan Document to which such Loan Credit Party is a party is, and the obligations of such Loan Party contained in the Credit Agreement, this Amendment or in any other Loan Document to which it is a party are, and shall continue to be, in full force and effect and are is hereby ratified and confirmed in all respects, in each case, as amended by this Amendment. For greater certainty respects and without limiting the foregoing, each Loan Party hereby confirms (i) the existing security interests granted in favor of the Collateral Agent for the benefit of, among others, the Lenders pursuant to the Loan Documents in the Collateral described therein, which security interests shall continue in full force and effect after giving effect to this Amendment to secure the Obligations as and to the extent provided in the Loan Documents and (ii) its obligations under the Guaranty Agreement shall remain in full force and effect after giving effect according to this Amendment its terms (in the case of the Credit Agreement, as amended hereby). Each Credit Party ratifies and confirms that all Liens granted, conveyed, or assigned to any Agent by such Person pursuant to any Loan Document to which it is a party remain in full force and effect, are not released or reduced, and continue to secure full payment and performance of the obligations under this Amendment constitute “Obligations” included within the Guarantee in accordance with the terms thereinObligations as increased hereby.

Appears in 1 contract

Sources: Credit Agreement (R1 RCM Inc.)

Reaffirmation. Each Loan Note Party party hereto hereby (i) consents to the amendment of the Credit Existing Note Purchase Agreement effected hereby and confirms hereby, (ii) acknowledges and agrees thatthat all of its obligations under the Existing Note Purchase Agreement, notwithstanding the effectiveness of this Amendment, each Loan Document to which such Loan Party is a party is, Collateral Documents and the obligations of such Loan Party contained in the Credit Agreement, this Amendment or in any other Loan Document Note Documents to which it is a party are, are reaffirmed and shall continue to be, remain in full force and effect on a continuous basis and are hereby ratified and confirmed in all respects, in each case, case as amended by this Amendment. For greater certainty and without limiting the foregoing, (iii) reaffirms (A) each Loan Party hereby confirms (i) the existing security interests Lien granted in favor of by it to the Collateral Agent for the benefit of, among others, of the Lenders Secured Parties and (B) any guaranties made by it pursuant to the Loan Documents Guaranty, (iv) acknowledges and agrees that the grants of security interests by it contained in the Collateral described therein, which security interests shall continue in full force and effect after giving effect to this Amendment to secure the Obligations as and to the extent provided in the Loan Documents and (ii) its obligations under the Guaranty Agreement shall remain in full force and effect after giving effect and continue to secure the obligations of the Note Parties under the Amended Note Purchase Agreement and (v) agrees that the Obligations include, among other things and without limitation, the payment of any principal or interest on the Second Amendment Delayed Draw Notes. Nothing contained in this Amendment and shall be construed as substitution or novation of the obligations outstanding under this Amendment constitute “Obligations” included within the Guarantee Existing Note Purchase Agreement or the other Note Documents, which shall remain in accordance with the terms thereinfull force and effect, except to any extent modified hereby.

Appears in 1 contract

Sources: Note Purchase Agreement (ATI Physical Therapy, Inc.)

Reaffirmation. Each Loan Party consents (including, for the avoidance of doubt, Gates Corporation in its capacity as a Subsidiary Guarantor immediately prior to the amendment of the Credit Agreement effected hereby and confirms and agrees that, notwithstanding the effectiveness of this Amendment) hereby expressly acknowledges the terms of this Amendment and reaffirms, each Loan Document to which such Loan Party is a party isas of the date hereof, (i) the covenants and the obligations of such Loan Party agreements contained in the Credit Agreement, this Amendment or in any other each Loan Document to which it is a party areparty, and shall continue to be, in full force and effect and are hereby ratified and confirmed in all respectsincluding, in each case, such covenants and agreements as amended by this Amendment. For greater certainty and without limiting the foregoing, each Loan Party hereby confirms (i) the existing security interests granted in favor of the Collateral Agent for the benefit of, among others, the Lenders pursuant to the Loan Documents in the Collateral described therein, which security interests shall continue in full force and effect after giving effect to this Amendment to secure the Obligations as and to the extent provided in the Loan Documents and (ii) its obligations under the Guaranty Agreement shall remain in full force and effect immediately after giving effect to this Amendment and the transactions contemplated hereby, (ii) its guarantee of the Obligations under each Guaranty, as applicable, (iii) its prior grant of Liens on the Collateral to secure the Obligations pursuant to the Collateral Documents and (iv) agrees that (x) each Collateral Document to which it is a party shall continue to be in full force and effect, after giving effect to this Amendment and (y) all guarantees, Liens, pledges, grants and other obligations under the Loan Documents shall continue to be in full force and effect and shall secure the Obligations after giving effect to this Amendment constitute “Obligations” included within the Guarantee in accordance with the terms thereinAmendment.

Appears in 1 contract

Sources: Credit Agreement (Gates Industrial Corp PLC)

Reaffirmation. Each Loan Party consents to the amendment of the Credit Loan Agreement effected hereby and confirms and agrees that, notwithstanding the effectiveness of this First Amendment, each Loan Document to which such Loan Party is a party is, and the obligations of such Loan Party contained in the Credit Loan Agreement, this First Amendment or in any other Loan Document to which it is a party are, and shall continue to be, in full force and effect and are hereby ratified and confirmed in all respects, in each case, as amended by this First Amendment. For greater certainty and without limiting the foregoing, each Loan Party hereby confirms reaffirms (i) the existing its grant to Lender of a continuing security interests granted interest in favor of and Lien upon the Collateral Agent for of such Loan Party, whether now owned or hereafter acquired or arising, and wherever located, all as provided in the benefit ofLoan Documents, among others, the Lenders pursuant to and further acknowledges and agrees that the Loan Documents in continue to secure the Collateral described thereinObligations, which security interests shall continue in full force and effect after as modified pursuant to this First Amendment, to the same extent as prior to giving effect to this Amendment to secure the Obligations as and to the extent provided in the Loan Documents First Amendment, and (ii) its obligations Guaranteed Obligations under the Guaranty Loan Agreement shall remain in full force and effect after giving effect to this First Amendment and the obligations under this this First Amendment constitute “Guaranteed Obligations” included within for purposes of the Guarantee Loan Agreement in accordance with the terms therein.

Appears in 1 contract

Sources: Loan Agreement (TerrAscend Corp.)

Reaffirmation. Each Loan Party consents to the amendment of the Credit Loan Agreement effected hereby and confirms and agrees that, notwithstanding the effectiveness of this Second Amendment, each Loan Document to which such Loan Party is a party is, and the obligations of such Loan Party contained in the Credit Loan Agreement, this Second Amendment or in any other Loan Document to which it is a party are, and shall continue to be, in full force and effect and are hereby ratified and confirmed in all respects, in each case, as amended by this Second Amendment. For greater certainty and without limiting the foregoing, each Loan Party hereby confirms reaffirms (i) the existing its grant to Lender of a continuing security interests granted interest in favor of and Lien upon the Collateral Agent for of such Loan Party, whether now owned or hereafter acquired or arising, and wherever located, all as provided in the benefit ofLoan Documents, among others, the Lenders pursuant to and further acknowledges and agrees that the Loan Documents in continue to secure the Collateral described thereinObligations, which security interests shall continue in full force and effect after as modified pursuant to this Second Amendment, to the same extent as prior to giving effect to this Amendment to secure the Obligations as and to the extent provided in the Loan Documents Second Amendment, and (ii) its obligations Guaranteed Obligations under the Guaranty Loan Agreement shall remain in full force and effect after giving effect to this Second Amendment and the obligations under this this Second Amendment constitute “Guaranteed Obligations” included within for purposes of the Guarantee Loan Agreement in accordance with the terms therein.

Appears in 1 contract

Sources: Loan Agreement (TerrAscend Corp.)

Reaffirmation. (a) Each Loan Party Guarantor hereby consents to the amendment execution, delivery and performance of the Amendment and agrees that each reference to the Credit Agreement effected hereby in the Loan Documents shall, on and confirms and agrees thatafter the Amendment No. 6 Effective Date, notwithstanding the effectiveness of this Amendment, each Loan Document be deemed to which such Loan Party is be a party is, and the obligations of such Loan Party contained in reference to the Credit Agreement, this Amendment or in any other Loan Document to which it is a party are, and shall continue to be, in full force and effect and are hereby ratified and confirmed in all respects, in each case, as amended by this Amendment. For greater certainty . (b) Each Guarantor hereby acknowledges and without limiting agrees that, after giving effect to the foregoingAmendment, each Loan Party hereby confirms (i) the existing security interests granted in favor all of the Collateral Agent for the benefit of, among others, the Lenders pursuant to its respective obligations and liabilities under the Loan Documents to which it is a party, as such obligations and liabilities have been amended by the Amendment, are reaffirmed, and remain in full force and effect. (c) The Existing Borrower and each Guarantor hereby irrevocably and unconditionally ratifies and reaffirms and the Collateral described thereinExisting Borrower’s and such Guarantor’s grant of security interest and pledge under the Security Agreement and each Loan Document and confirms that the liens, which security interests shall and pledges granted thereunder continue in full force and effect after giving effect to this Amendment to secure the Obligations, including, without limitation, any additional Obligations as and resulting from or incurred pursuant to the extent provided in the Loan Documents and (ii) its obligations under the Guaranty Agreement shall remain in full force and effect after giving effect to Credit Agreement, as amended by this Amendment and the obligations under this Amendment constitute “Obligations” included within the Guarantee in accordance with the terms thereinAmendment.

Appears in 1 contract

Sources: First Lien Credit Agreement (KC Holdco, LLC)

Reaffirmation. Each Loan By signing this Amendment, each Credit Party consents to the amendment of the Credit Agreement effected hereby and confirms and agrees that, that (a) notwithstanding the effectiveness of this AmendmentAmendment and the transactions contemplated hereby, the obligations of such Credit Parties under the Amended Credit Agreement and the other Credit Documents (i) are entitled to the benefits of the guarantees and the security interests set forth or created in the Amended Credit Agreement, the Security Agreement, the other Security Documents and the other Credit Documents, (ii) constitute “Guaranteed Obligations” and “Obligations” for purposes of the Amended Credit Agreement, the Security Agreement, the other Security Documents and all other Credit Documents, (iii) each Loan Guarantor hereby confirms and ratifies its continuing unconditional obligations as Guarantor under the Credit Agreement as amended hereby with respect to all of the Guaranteed Obligations and (iv) each Credit Document to which such Loan Credit Party is a party is, and the obligations of such Loan Party contained in the Credit Agreement, this Amendment or in any other Loan Document to which it is a party are, and shall continue to be, in full force and effect and are is hereby ratified and confirmed in all respects, in each case, as amended by this Amendment. For greater certainty respects and without limiting the foregoing, each Loan Party hereby confirms (i) the existing security interests granted in favor of the Collateral Agent for the benefit of, among others, the Lenders pursuant to the Loan Documents in the Collateral described therein, which security interests shall continue in full force and effect after giving effect to this Amendment to secure the Obligations as and to the extent provided in the Loan Documents and (ii) its obligations under the Guaranty Agreement shall remain in full force and effect after giving effect according to this Amendment its terms (in the case of the Credit Agreement, as amended hereby). Each Credit Party ratifies and confirms that all Liens granted, conveyed, or assigned to any Agent by such Person pursuant to any Credit Document to which it is a party remain in full force and effect, are not released or reduced, and continue to secure full payment and performance of the obligations under this Amendment constitute “Obligations” included within the Guarantee in accordance with the terms thereinObligations as increased hereby.

Appears in 1 contract

Sources: Credit Agreement (Iridium Communications Inc.)

Reaffirmation. Each Loan Party consents to the amendment of the Credit Existing Loan Agreement effected hereby and confirms and agrees that, notwithstanding the effectiveness of this Fourth Amendment, each Loan Document to which such Loan Party is a party is, and the obligations of such Loan Party contained in the Credit Amended Loan Agreement, this Fourth Amendment or in any other Loan Document to which it is a party are, and shall continue to be, in full force and effect and are hereby ratified and confirmed in all respects, in each case, as amended by this Fourth Amendment. For greater certainty and without limiting the foregoing, each Loan Party hereby confirms (i) the existing security interests granted in favor of the Collateral Agent for the benefit of, among others, the Lenders pursuant to the Loan Documents in the Collateral described therein, which security interests shall continue in full force and effect after giving effect to this Fourth Amendment to secure the Obligations as and to the extent provided in the Loan Documents and (ii) its obligations under the Guaranty Agreement shall remain in full force and effect after giving effect to this Amendment and the obligations under this Amendment constitute “Obligations” included within the Guarantee in accordance with the terms thereinDocuments.

Appears in 1 contract

Sources: Loan Agreement (TerrAscend Corp.)

Reaffirmation. Each of the Loan Parties (which, for purposes of this Section 21, shall exclude TopCo) hereby acknowledges that it expects to receive substantial direct and indirect benefits as a result of this Amendment and the transactions contemplated hereby. Each Loan Party hereby consents to this Amendment and the amendment of the Credit Agreement effected transactions contemplated hereby, and hereby (a) reaffirms and confirms its guarantees, pledges, grants and other commitments and obligations, as applicable, under the Loan Documents to which it is party, (b) affirms and confirms its obligations to indemnify and other commitments and obligations under the Loan Documents to which it is a party, and (c) agrees that, notwithstanding the effectiveness of this Amendment, each Loan Document to which such Loan Party is a party is, Amendment and the obligations of such transactions contemplated hereby, (i) the Loan Party contained in the Credit Agreement, this Amendment or in any other Loan Document Documents to which it is a party areparty, as amended supplemented and otherwise modified hereby, shall continue to be, be in full force and effect and are hereby ratified (ii) all guarantees, pledges, grants and confirmed in all respects, in each case, as amended by this Amendment. For greater certainty and without limiting the foregoing, each Loan Party hereby confirms (i) the existing security interests granted in favor of the Collateral Agent for the benefit of, among others, the Lenders pursuant to the Loan Documents in the Collateral described therein, which security interests other obligations thereunder shall continue to be in full force and effect after giving effect to this Amendment to secure the Obligations as and shall accrue to the extent provided in benefit of the Loan Documents and (ii) its obligations under the Guaranty Agreement shall remain in full force and effect after giving effect to this Amendment and the obligations under this Amendment constitute “Obligations” included within the Guarantee in accordance with the terms thereinSecured Parties.

Appears in 1 contract

Sources: Incremental Facility Amendment (Aspect Software Group Holdings Ltd.)

Reaffirmation. Each Loan Party consents to hereby expressly acknowledges the amendment terms of this Amendment and reaffirms, as of the Credit Agreement effected hereby Seventh Amendment Effective Date, and confirms and agrees that, notwithstanding the effectiveness of after giving effect to this Amendment, (i) the covenants, guarantees, pledges, grants of Liens and agreements or other commitments contained in each Loan Document to which it is a party, including, in each case, such covenants, guarantees, pledges, grants of Liens and agreements or other commitments as in effect immediately after giving effect to this Amendment and the transactions contemplated hereby, (ii) its guarantee of the Secured Obligations under each Guarantee, as applicable, and (iii) its grant and the validity of Liens granted by it on the Collateral to secure the Secured Obligations pursuant to the Security Documents. Each Loan Party is a party is, and the obligations of such Loan Party contained in the Credit Agreement, hereby agrees that after giving effect to this Amendment or in any other (A) each Loan Document to which it is a party are, and shall continue to be, be in full force and effect and are hereby ratified (B) all guarantees, pledges, grants of Liens, covenants, agreements and confirmed in all respects, in each case, as amended other commitments by this Amendment. For greater certainty and without limiting the foregoing, each such Loan Party hereby confirms (i) the existing security interests granted in favor of the Collateral Agent for the benefit of, among others, the Lenders pursuant to under the Loan Documents in the Collateral described therein, which security interests shall continue to be in full force and effect after giving effect to this Amendment to secure the Obligations as and shall accrue to the extent provided benefit of the Secured Parties and shall not be affected, impaired or discharged hereby or by the transactions contemplated in the Loan Documents and (ii) its obligations under the Guaranty Agreement shall remain in full force and effect after giving effect to this Amendment and the obligations under this Amendment constitute “Obligations” included within the Guarantee in accordance with the terms thereinAmendment.

Appears in 1 contract

Sources: Credit Agreement (Ziff Davis, Inc.)

Reaffirmation. Each Loan By signing this Amendment, each Credit Party consents to the amendment of the Credit Agreement effected hereby and confirms and agrees that, that notwithstanding the effectiveness of this AmendmentAmendment and the transactions contemplated hereby, the obligations of such Credit Parties under the Amended Credit Agreement and the other Loan Documents (i) are entitled to the benefits of the guarantees and the security interests set forth or created in the Amended Credit Agreement, the Security Agreement, the other Collateral Documents and the other Loan Documents, (ii) constitute “Guarantee Obligations” and “Obligations” for purposes of the Amended Credit Agreement, the Security Agreement, the other Collateral Documents and all other Loan Documents, (iii) each Guarantor hereby confirms and ratifies its continuing unconditional obligations as Guarantor under the Credit Agreement as amended hereby with respect to all of the Guarantee Obligations and (iv) each Loan Document to which such Loan Credit Party is a party is, and the obligations of such Loan Party contained in the Credit Agreement, this Amendment or in any other Loan Document to which it is a party are, and shall continue to be, in full force and effect and are is hereby ratified and confirmed in all respects, in each case, as amended by this Amendment. For greater certainty respects and without limiting the foregoing, each Loan Party hereby confirms (i) the existing security interests granted in favor of the Collateral Agent for the benefit of, among others, the Lenders pursuant to the Loan Documents in the Collateral described therein, which security interests shall continue in full force and effect after giving effect to this Amendment to secure the Obligations as and to the extent provided in the Loan Documents and (ii) its obligations under the Guaranty Agreement shall remain in full force and effect after giving effect according to this Amendment its terms (in the case of the Credit Agreement, as amended hereby) ratifies and confirms that all Liens granted, conveyed, or assigned to any Agent by such Person pursuant to any Loan Document to which it is a party remain in full force and effect, are not released or reduced, and continue to secure full payment and performance of the obligations under this Amendment constitute “Obligations” included within the Guarantee in accordance with the terms thereinObligations as increased hereby.

Appears in 1 contract

Sources: Credit Agreement (R1 RCM Inc. /DE)

Reaffirmation. Each Loan Party consents Subject to the amendment of the Credit Agreement effected hereby and confirms and agrees that, notwithstanding the effectiveness of this Amendment, each Loan Document to which such Loan Party is a party is, and the any limitations on its obligations of such Loan Party contained expressly stated in the Credit Agreement, this Amendment or in any other Loan Document Documents to which it is a party areparty, Holdings, each Borrower and shall continue each other Loan Party, as of the Third Amendment Effective Date, (i) acknowledges and agrees that all of its obligations (including, for the avoidance of doubt, obligations with respect to be, the Incremental Revolver Commitments) under its Guarantee as set out in the Amended ABL Credit Agreement are reaffirmed and remain in full force and effect on a continuous basis as and are hereby ratified and confirmed to the extent provided in all respectsthe Loan Documents, in (ii) reaffirms each case, as amended Lien granted by this Amendment. For greater certainty and without limiting the foregoing, each such Loan Party hereby confirms (i) to the existing security interests granted in favor of the Collateral Agent for the benefit of, among others, of the Lenders Secured Parties (including with respect to the Incremental Revolver Commitments) and (iii) acknowledges and agrees that any grants of security interests by such Loan Party pursuant to the Security Documents, and the Guarantee provided by such Loan Documents Party in the Collateral described thereinAmended ABL Credit Agreement (including in each case with respect to the Incremental Revolver Commitments), which security interests are, and shall continue remain, in full force and effect after giving effect to this Amendment to secure the Obligations as and to the extent provided in the Loan Documents and (ii) its Documents. Nothing contained in this Amendment shall be construed as substitution or novation of the obligations outstanding under the Guaranty Existing ABL Credit Agreement or the other Loan Documents, which shall remain in full force and effect after giving effect effect, except to this Amendment and the obligations under this Amendment constitute “Obligations” included within the Guarantee in accordance with the terms thereinany extent modified hereby.

Appears in 1 contract

Sources: Abl Credit Agreement (WillScot Corp)

Reaffirmation. Each Loan Party consents to the amendment As of the Credit Agreement effected Amendment No. 2 Effective Date, the Borrower and each Guarantor hereby and confirms and agrees that, that notwithstanding the effectiveness of this AmendmentAmendment and the transactions contemplated hereby, (i) the obligations of the Borrower and each Guarantor under the Amended Credit Agreement and the other Loan Documents are entitled to the benefits of the guarantees and the security interests set forth or created in the Amended Credit Agreement, the Security Documents and the other Loan Documents and constitute “Obligations” for purposes of the Amended Credit Agreement, the Security Documents and all other Loan Documents and (ii) each Loan Document to which such Loan Party is a party is, and the obligations of such Loan Party contained in the Credit Agreement, this Amendment or in any other Loan Document to which it is a party are, and shall continue to be, in full force and effect and are is hereby ratified and confirmed in all respects, in each case, as amended by this Amendment. For greater certainty respects and without limiting the foregoing, each Loan Party hereby confirms (i) the existing security interests granted in favor of the Collateral Agent for the benefit of, among others, the Lenders pursuant to the Loan Documents in the Collateral described therein, which security interests shall continue in full force and effect after giving effect to this Amendment to secure the Obligations as and to the extent provided in the Loan Documents and (ii) its obligations under the Guaranty Agreement shall remain in full force and effect after giving effect according to this Amendment its terms (in the case of the Credit Agreement, as amended hereby). Each Loan Party ratifies and confirms its prior grant and the obligations under this Amendment constitute “validity of all Liens granted pursuant to the Loan Documents and that all Liens granted, conveyed, or assigned to any Agent by such Person pursuant to any Loan Document to which it is a party remain in full force and effect, are not released or reduced, and continue to secure full payment and performance of the Obligations” included within the Guarantee in accordance with the terms therein.

Appears in 1 contract

Sources: Loan and Security Agreement (Trade Desk, Inc.)

Reaffirmation. Each Loan Party hereby acknowledges that it expects to receive substantial direct and indirect benefits as a result of this Agreement and the transactions contemplated hereby. Each Loan Party hereby consents to this Agreement and the amendment of the Credit Agreement effected transactions contemplated hereby, and hereby (a) reaffirms and confirms its guarantees, pledges, grants of security interests and other obligations, as applicable, under the Loan Guarantee and each Collateral Document to which it is party, (b) affirms and confirms its obligations to indemnify and other commitments and obligations under the Loan Documents to which it is a party and (c) agrees that, notwithstanding the effectiveness of this Amendment, each Loan Document to which such Loan Party is a party is, Agreement and the obligations of such transactions contemplated hereby, (i) the Loan Party contained in the Credit Agreement, this Amendment or in any other Loan Guarantee and each Collateral Document to which it is a party are, and shall continue to be, be in full force and effect and are hereby ratified (ii) all guarantees, pledges, grants and confirmed in all respects, in each case, as amended by this Amendment. For greater certainty and without limiting the foregoing, each Loan Party hereby confirms (i) the existing security interests granted in favor of the Collateral Agent for the benefit of, among others, the Lenders pursuant to the Loan Documents in the Collateral described therein, which security interests other obligations thereunder shall continue to be in full force and effect after giving effect to this Amendment to secure the Obligations as and shall accrue to the extent provided in benefit of the Lender Parties. Each Loan Documents Party hereby confirms and (ii) its agrees that obligations under the Guaranty Restated Credit Agreement shall remain in full force and effect after giving effect to this Amendment and the obligations under this Amendment constitute “Obligations” included within and “Secured Obligations” (or words of similar import) under and as used in the Loan Guarantee in accordance with the terms thereinand each Collateral Document to which it is a party.

Appears in 1 contract

Sources: Credit Agreement (Ascena Retail Group, Inc.)

Reaffirmation. Each Loan Party consents to the amendment As of the Credit Agreement effected Amendment No. 1 Effective Date, the Borrower hereby and confirms and agrees that, that notwithstanding the effectiveness of this AmendmentAmendment and the transactions contemplated hereby, (i) the obligations of the Borrower under the Amended Credit Agreement and the other Loan Documents are entitled to the benefits of the guarantees and the security interests set forth or created in the Amended Credit Agreement, the Security Documents and the other Loan Documents and constitute “Obligations” for purposes of the Amended Credit Agreement, the Security Documents and all other Loan Documents and (ii) each Loan Document to which such Loan Party is a party is, and the obligations of such Loan Party contained in the Credit Agreement, this Amendment or in any other Loan Document to which it is a party are, and shall continue to be, in full force and effect and are is hereby ratified and confirmed in all respects, in each case, as amended by this Amendment. For greater certainty respects and without limiting the foregoing, each Loan Party hereby confirms (i) the existing security interests granted in favor of the Collateral Agent for the benefit of, among others, the Lenders pursuant to the Loan Documents in the Collateral described therein, which security interests shall continue in full force and effect after giving effect to this Amendment to secure the Obligations as and to the extent provided in the Loan Documents and (ii) its obligations under the Guaranty Agreement shall remain in full force and effect after giving effect according to this Amendment its terms (in the case of the Credit Agreement, as amended hereby). Each Loan Party ratifies and confirms its prior grant and the obligations under this Amendment constitute “validity of all Liens granted pursuant to the Loan Documents and that all Liens granted, conveyed, or assigned to any Agent by such Person pursuant to any Loan Document to which it is a party remain in full force and effect, are not released or reduced, and continue to secure full payment and performance of the Obligations” included within the Guarantee in accordance with the terms therein.

Appears in 1 contract

Sources: Loan and Security Agreement (Trade Desk, Inc.)

Reaffirmation. (a) Each Loan Party hereby consents to the amendment execution, delivery and performance of this Amendment and agrees that each reference to the Credit Agreement effected in the Loan Documents shall, on and after the First Amendment Effective Date, be deemed to be a reference to the Credit Agreement as amended by this Amendment. (b) Each Loan Party hereby and confirms acknowledges and agrees that, notwithstanding the effectiveness of after giving effect to this Amendment, each all of its respective obligations and liabilities under the Loan Document to which such Loan Party is a party is, and the obligations of such Loan Party contained in the Credit Agreement, this Amendment or in any other Loan Document Documents to which it is a party areare reaffirmed, and shall continue to be, remain in full force and effect. (c) After giving effect and are hereby ratified and confirmed in all respects, in each case, as amended by to this Amendment. For greater certainty and without limiting the foregoing, each Loan Party hereby confirms (i) reaffirms each Lien granted by it to the existing security interests granted in favor of the Collateral Administrative Agent for the benefit of, among others, of the Lenders pursuant to Secured Parties under each of the Loan Documents in the Collateral described thereinto which it is a party, which security interests Liens shall continue in full force and effect after giving effect to during the term of the Credit Agreement as amended by this Amendment Amendment, and shall continue to secure the Obligations as Secured Obligations, in each case, on and subject to the extent provided terms and conditions set forth in the Loan Documents and (ii) its obligations under the Guaranty Credit Agreement shall remain in full force and effect after giving effect to as amended by this Amendment and the obligations under this Amendment constitute “Obligations” included within the Guarantee in accordance with the terms thereinAmendment.

Appears in 1 contract

Sources: Amended and Restated Credit Agreement (Tekni Plex Inc)

Reaffirmation. Each Loan Party consents to the amendment of the Credit Agreement effected hereby and confirms and agrees thatParty, notwithstanding the effectiveness of this Amendmentas debtor, each Loan Document to grantor, pledgor, guarantor, assignor, or in other similar capacities in which such Loan Party is a party isgrants Liens in its properties or otherwise acts as accommodation party, guarantor or indemnitor, as the case may be, in any case under the Loan Documents, hereby (i) acknowledges, ratifies and confirms that all Obligations constitute valid and existing “Obligations” under the Loan Agreement (as amended by this Amendment), and the obligations of such (ii) ratifies and confirms that (x) all Loan Party contained in the Credit Agreement, this Amendment or in any other Loan Document Documents to which it is a party areand (y) its respective guarantees, pledges, grants of Liens and shall continue other similar rights or obligations, as applicable, under each of the Loan Documents to be, in full force and effect and are hereby ratified and confirmed in all respectswhich it is party, in each case, as amended by this Amendment. For greater certainty and without limiting the foregoing, each Loan Party hereby confirms (i) the existing security interests granted in favor of the Collateral Agent for the benefit of, among others, the Lenders pursuant to the Loan Documents in the Collateral described therein, which security interests shall continue in full force and effect after giving effect to this Amendment to secure the Obligations as and to the extent provided in the Loan Documents and (ii) its obligations under the Guaranty Agreement shall remain in full force and effect after giving effect the effectiveness of this Amendment. Without limiting the generality of the foregoing, each Loan Party further agrees (A) that any reference to this Amendment and the obligations under this Amendment constitute “Obligations” included within contained in any Loan Documents shall include, without limitation, the Guarantee “Obligations” as such term is defined in accordance with the terms thereinLoan Agreement (as amended by this Amendment) and (B) that the related guarantees and grants of security contained in such Loan Documents shall include and extend to such Obligations.

Appears in 1 contract

Sources: Loan and Security Agreement (American Outdoor Brands, Inc.)

Reaffirmation. Each Loan Party hereby consents to the amendment of the Credit Agreement effected this Amendment and hereby (a) reaffirms and confirms its guarantees, pledges, grants of security interests and other obligations, as applicable, under the Loan Guarantee and each Collateral Document to which it is party, (b) affirms and confirms its obligations to indemnify and other commitments and obligations under the Loan Documents to which it is a party and (c) agrees that, notwithstanding the effectiveness of this Amendment, (i) the Loan Guarantee and each Loan Document to which such Loan Party is a party is, and the obligations of such Loan Party contained in the Credit Agreement, this Amendment or in any other Loan Collateral Document to which it is a party are, and shall continue to be, be in full force and effect and are hereby ratified (ii) all guarantees, pledges, grants and confirmed in all respects, in each case, as amended by this Amendment. For greater certainty and without limiting the foregoing, each Loan Party hereby confirms (i) the existing security interests granted in favor of the Collateral Agent for the benefit of, among others, the Lenders pursuant to the Loan Documents in the Collateral described therein, which security interests other obligations thereunder shall continue to be in full force and effect after giving effect to this Amendment to secure the Obligations as and shall accrue to the extent provided in benefit of the Lender Parties. Each Loan Documents Party hereby confirms and (ii) its agrees that obligations under the Guaranty Credit Agreement shall remain in full force and effect after giving effect to this Amendment and the obligations under this Amendment constitute “Obligations” included within and “Secured Obligations” (or words of similar import) under and as used in the Loan Guarantee in accordance with the terms thereinand each Collateral Document to which it is a party.

Appears in 1 contract

Sources: Credit Agreement (Ascena Retail Group, Inc.)