Ratification Agreement definition

Ratification Agreement means the Ratification and Reaffirmation of Collateral Documents, dated as of the date hereof, by the Borrower in favor of the Administrative Agent, for the benefit of the Secured Parties, as amended, restated, supplemented or otherwise modified from time to time.

Ratification Agreement means that certain Ratification Agreement, dated as of the date hereof, between the Loan Parties and the Agent, for the benefit of the Agent and the Lenders which confirms and ratifies the grant of liens and security interests in the Existing Collateral pursuant to the Existing Collateral Documents.

Ratification Agreement means this Ratification and Amendment Agreement by and among Borrowers, Guarantors, Agent and Lenders, as the same now exists or may hereafter be amended, modified, supplemented, extended, renewed, restated or replaced.

Examples of Ratification Agreement in a sentence

• The headings used herein are for convenience only and do not constitute matters to be considered in interpreting this Ratification Agreement.

• All references to the term “Material Adverse Effect,” “material adverse effect” or “material adverse change” in the Existing Credit Agreement, this Ratification Agreement, the Existing ABL Guarantee and Collateral Agreement or the other Existing Loan Documents shall be deemed, and each such reference is hereby amended, to add at the end thereof: “provided, that, neither the events leading up to nor the commencement of the Chapter 11 Cases shall constitute a Material Adverse Effect”.

• This Agreement supersedes all provisions and requirements of the Preliminary Settlement Agreement, as modified by the Ratification Agreement (“PSA”), and this Article Four, together with other provisions of this Agreement, comply with the Settlement Act with respect to the PSA.

• The Parties agree that, to the maximum extent allowed by law, the failure to execute the Ratification Agreement will not invalidate this agreement or affect any of its terms or provisions.

• Unpaid invoices shall be considered in default after thirty (30) days of the due date shown on the invoice.

More Definitions of Ratification Agreement

Ratification Agreement means that certain Ratification Agreement dated as of the date hereof executed by the Loan Parties in connection with this Agreement and acknowledged by the Administrative Agent.

Ratification Agreement means that certain document executed by the Obligors as of the date hereof that ratifies the Security Agreement.

Ratification Agreement means a Ratification Agreement, dated as of the Closing Date, in form and substance reasonably satisfactory to Agent, executed and delivered by Borrower and each Guarantor to Agent.

Ratification Agreement means that certain Ratification, Reaffirmation and Confirmation of Transaction Documents, dated as of the date hereof, by Sellers and Guarantor ratifying their respective obligations under the Transaction Documents entered into prior to the date hereof.

Ratification Agreement means the Confirmation and Ratification Agreement dated as of the FirstThird Amendment Effective Date by and among the Loan Parties and the Administrative Agent.

Ratification Agreement that certain Second Amended and Restated Confirmation and Ratification of Ancillary Loan Documents dated as of the date hereof, by and among each of the Loan Parties and the Agent. Real Estate: collectively, all right, title and interest (including any leasehold, mineral or other estate) in and to any and all parcels of or interests in real Property owned, leased or operated by any Person, whether by lease, license or other means, together with, in each case, all easements, servitudes, hereditaments and appurtenances relating thereto, all improvements and appurtenant fixtures and equipment and all general intangibles and contract rights and other property and rights incidental to the ownership, lease or operation thereof.

Ratification Agreement means, an agreement entered into between the Company and a Person who is not a Member who acquires Units that sets forth (i) the notice address of such Person, (ii) customary representations and warranties of such Person in form and substance reasonably satisfactory to the Managing Member including, if applicable, representations and warranties confirming satisfaction of applicable Securities Laws, (iii) a ratification by such Person of this Agreement, its agreement to be bound by all of the terms and provisions of this Agreement and its express assumption of all obligations of a Member under this Agreement, (iv) the Units acquired by such Person, (v) the Capital Contribution, if any, to be received by the Company in exchange for such Units and (vi) the "Grant Date," which corresponds to the date such Person acquired such Units.