Common use of ACKNOWLEDGEMENT AND CONSENT Clause in Contracts

ACKNOWLEDGEMENT AND CONSENT. Holdings, each Borrower and each Subsidiary Guarantor hereby acknowledges that such Loan Party has read this Amendment and consents to the terms hereof and further hereby confirms and agrees that, notwithstanding the effectiveness of this Amendment, the obligations of such Loan Party under each of the Loan Documents to which such Loan Party is a party shall not be impaired and each of the Loan Documents to which such Loan Party is a party are, and shall continue to be, in full force and effect and are hereby confirmed and ratified in all respects. Holdings and each Subsidiary Guarantor acknowledges and agrees that (i) notwithstanding the conditions to effectiveness set forth in this Amendment, such Loan Party is not required by the terms of the Credit Agreement or any other Loan Document to consent to the amendments to the Credit Agreement effected pursuant to this Amendment and (ii) nothing in the Credit Agreement, this Amendment or any other Loan Document shall be deemed to require the consent of such Loan Party to any future amendments to the Credit Agreement.

Appears in 6 contracts

Samples: Credit Agreement (Arris Group Inc), Credit Agreement (Arris Group Inc), Credit Agreement (Arris Group Inc)

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ACKNOWLEDGEMENT AND CONSENT. Holdings, each Borrower Each Subsidiary Guarantor and each Subsidiary Guarantor hereby acknowledges of the Borrower that such is a party to a Loan Party Document and listed on the signatures pages hereof (each, a “Credit Support Party” and collectively, the “Credit Support Parties”) has read this Amendment and consents to the terms hereof and further hereby confirms acknowledges and agrees thatthat the Guarantee and Collateral Agreement and any other Security Document (each, notwithstanding the effectiveness of this Amendment, the obligations of such Loan Party under each of the Loan Documents a “Credit Support Document”) to which such Loan Party it is a party shall not be impaired and each of the Loan Documents to which such Loan Party is a party are, and or otherwise bound shall continue to be, in full force and effect and are hereby confirmed that all of its obligations thereunder shall be valid and ratified in all respectsenforceable, except as enforceability may be limited by bankruptcy, insolvency, reorganization, moratorium or similar laws relating to or limiting creditors’ rights generally and by equitable principles relating to enforceability, and shall not be impaired or limited by the execution or effectiveness of this Amendment. Holdings and each Subsidiary Guarantor Each Credit Support Party acknowledges and agrees that (i) notwithstanding the conditions to effectiveness set forth in this Amendment, such Loan Credit Support Party is not required by the terms of the Credit Agreement or any other Loan Document to consent to the waivers and amendments to the Credit Agreement effected pursuant to this Amendment and (ii) nothing in the Credit Agreement, this Amendment or any other Loan Document shall be deemed to require the consent of such Loan Credit Support Party to any future amendments to the Credit Agreement.

Appears in 3 contracts

Samples: Credit Agreement (UniTek Global Services, Inc.), Credit Agreement (UniTek Global Services, Inc.), Credit Agreement (UniTek Global Services, Inc.)

ACKNOWLEDGEMENT AND CONSENT. HoldingsEach of Company, each Borrower Holdings and each Subsidiary Guarantor hereby acknowledges that such Loan Party (each individually a “Credit Support Party” and collectively, the “Credit Support Parties”) has read this Amendment and consents to the terms hereof and further hereby confirms and agrees that, notwithstanding the effectiveness of this Amendment, the obligations of such Credit Support Party under, and the Liens granted by such Credit Support Party as collateral security for the indebtedness, obligations and liabilities evidenced by the Credit Agreement and the other Loan Party under Documents pursuant to, each of the Loan Documents to which such Loan Credit Support Party is a party shall not be impaired and each of the Loan Documents to which such Loan Credit Support Party is a party areis, and shall continue to be, in full force and effect and are hereby confirmed and ratified in all respects. Holdings and each Each Subsidiary Guarantor acknowledges and agrees that (i) notwithstanding the conditions to effectiveness set forth in this Amendment, such Loan Credit Support Party is not required by the terms of the Credit Agreement or any other Loan Document to consent to the amendments to the Credit Agreement effected pursuant to this Amendment and (ii) nothing in the Credit Agreement, this Amendment or any other Loan Document shall be deemed to require the consent of such Loan Credit Support Party to any future amendments to the Credit Agreement.

Appears in 2 contracts

Samples: Term Loan Agreement (Bare Escentuals Inc), Credit Agreement (Bare Escentuals Inc)

ACKNOWLEDGEMENT AND CONSENT. Holdings, each Borrower Each of Company and each Subsidiary Guarantor hereby acknowledges that such Loan Party (each individually a “Credit Support Party” and collectively, the “Credit Support Parties”) has read this Amendment and consents to the terms hereof and further hereby confirms and agrees that, notwithstanding the effectiveness of this Amendment, the obligations of such Loan Credit Support Party under each of the Loan Documents to which such Loan Credit Support Party is a party shall not be impaired and each of the Loan Documents to which such Loan Credit Support Party is a party areis, and shall continue to be, in full force and effect and are hereby confirmed and ratified in all respects. Holdings and each Each Subsidiary Guarantor acknowledges and agrees that (i) notwithstanding the conditions to effectiveness set forth in this Amendment, such Loan Credit Support Party is not required by the terms of the Credit Agreement or any other Loan Document to consent to the amendments to the Credit Agreement effected pursuant to this Amendment and (ii) nothing in the Credit Agreement, this Amendment or any other Loan Document shall be deemed to require the consent of such Loan Credit Support Party to any future amendments to the Credit Agreement.

Appears in 2 contracts

Samples: Credit Agreement (Amphenol Corp /De/), Credit Agreement (Amphenol Corp /De/)

ACKNOWLEDGEMENT AND CONSENT. Holdings, each Borrower Each of Company and each Domestic Subsidiary Guarantor hereby acknowledges that such Loan Party (each individually a “Credit Support Party” and collectively, the “Credit Support Parties”) has read this Amendment and consents to the terms hereof and further hereby confirms and agrees that, notwithstanding the effectiveness of this Amendment, the obligations of such Credit Support Party under, and the Liens granted by such Credit Support Party as collateral security for the indebtedness, obligations and liabilities evidenced by the Credit Agreement and the other Loan Party under Documents pursuant to, each of the Loan Documents to which such Loan Credit Support Party is a party shall not be impaired and each of the Loan Documents to which such Loan Credit Support Party is a party areis, and shall continue to be, in full force and effect and are is hereby confirmed and ratified in all respects. Holdings and each Each Domestic Subsidiary Guarantor acknowledges and agrees that (i) notwithstanding the conditions to effectiveness set forth in this Amendment, such Loan Party Domestic Subsidiary Guarantor is not required by the terms of the Credit Agreement or any other Loan Document to consent to the amendments to the Credit Agreement effected pursuant to this Amendment and (ii) nothing in the Credit Agreement, this Amendment or any other Loan Document shall be deemed to require the consent of such Loan Party Domestic Subsidiary Guarantor to any future amendments to the Credit Agreement.

Appears in 1 contract

Samples: Credit Agreement (Flowserve Corp)

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ACKNOWLEDGEMENT AND CONSENT. A. Holdings, each Borrower and each Subsidiary Guarantor hereby acknowledges that such Loan Party has read this Amendment and consents to the terms hereof and further hereby confirms and agrees that, notwithstanding the effectiveness of this Amendment, the obligations of such Loan Party under each of the Loan Documents to which such Loan Party is a party shall not be impaired and each of the Loan Documents to which such Loan Party is a party are, and shall continue to be, in full force and effect and are hereby confirmed and ratified in all respects. Holdings and each Subsidiary Guarantor acknowledges and agrees that (i) notwithstanding the conditions to effectiveness set forth in this Amendment, such Loan Party is not required by the terms of the Credit Agreement or any other Loan Document to consent to the amendments to the Credit Agreement effected pursuant to this Amendment and (ii) nothing in the Credit Agreement, this Amendment or any other Loan Document shall be deemed to require the consent of such Loan Party to any future amendments to the Credit Agreement.

Appears in 1 contract

Samples: Credit Agreement (Arris Group Inc)

ACKNOWLEDGEMENT AND CONSENT. A. Holdings, each Borrower and each Subsidiary Guarantor hereby acknowledges that such Loan Party has read this Amendment and consents to the terms hereof and further hereby confirms and agrees that, notwithstanding the effectiveness of this Amendment, the obligations of such Loan Party under each of the Loan Documents to which such Loan Party is a party shall not be impaired and each of the Loan Documents to which such Loan Party is a party are, and shall continue to be, in full force and effect and are hereby confirmed and ratified in all respects. Holdings and each Subsidiary Guarantor acknowledges and agrees that (i) notwithstanding the conditions to effectiveness set forth in this Amendment, such Loan Party is not required by the terms of the Credit Agreement or any other Loan Document to consent to the amendments to the Credit Agreement effected pursuant to this Amendment and (ii) nothing in the Credit Agreement, this Amendment or any other Loan Document shall be deemed to require the consent of such Loan Party to any future amendments to the Credit Agreement.

Appears in 1 contract

Samples: Credit Agreement (Arris Group Inc)

ACKNOWLEDGEMENT AND CONSENT. Holdings, each Borrower and each Subsidiary Guarantor hereby acknowledges that such Loan Party has read this Amendment and consents to the terms hereof and further hereby confirms and agrees that, notwithstanding the effectiveness of this Amendment, the obligations of such Loan Party under each of the Loan Documents to which such Loan Party is a party shall not be impaired and each of the Loan Documents to which such Loan Party is a party are, and shall continue to be, in full force and effect and are hereby confirmed and ratified in all respects. , Holdings and each Subsidiary Guarantor acknowledges and agrees that (i) notwithstanding the conditions to effectiveness set forth in this Amendment, such Loan Party is not required by the terms of the Credit Agreement or any other Loan Document to consent to the amendments to the Credit Agreement effected pursuant to this Amendment and (ii) nothing in the Credit Agreement, this Amendment or any other Loan Document shall be deemed to require the consent of such Loan Party to any future amendments to the Credit Agreement.

Appears in 1 contract

Samples: Credit Agreement (Arris Group Inc)

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