Ratification; Reaffirmation Sample Clauses

Ratification; Reaffirmation. The Company hereby reaffirms and ratifies the Transaction Documents, each as amended, restated, modified, and/or supplemented. The Company hereby ratifies, affirms, reaffirms, acknowledges, confirms and agrees that (a) all of the Company’s obligations owing to HT under the Transaction Documents are hereby reaffirmed; and (b) the Transaction Documents are the legal, valid and binding obligations of the Company and are enforceable against the Company in accordance with their respective terms, except as enforceability may be limited by applicable equitable principles or by bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting creditors' rights generally.
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Ratification; Reaffirmation. Each of the Borrowers hereby restate, ratify and reaffirm each and every term, covenant and condition set forth in the Credit Agreement and the Other Documents effective as of the date hereof. Each of the Borrowers acknowledges and reaffirms that (i) all Liens granted to the Agent and Lenders under the Credit Agreement or any Other Documents remain in full force and effect and shall continue to secure the Obligations and (ii) the validity, perfection or priority of the Liens will not be impaired by this Agreement.
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Ratification; Reaffirmation. (a) The Issuer and the Guarantor each hereby acknowledges its receipt of a copy of this Amendment and its review of the terms and conditions hereof and consents to the terms and conditions of this Amendment. As of the date of this Amendment, each of the Guarantor and the Issuer hereby (a) ratifies and reaffirms all of its payment and performance obligations, contingent or otherwise, under each Preferred Shares Document, (b) affirms and confirms its undertakings under the Preferred Share Subscription Agreement and the other Preferred Shares Documents to which it is a party, (c) agrees that (i) each Preferred Shares Document to which it is a party shall continue in full force and effect (as amended hereby) and that (save as amended hereby) all of its obligations thereunder shall be valid and enforceable and shall not be impaired or limited by the execution or effectiveness of this Amendment, and (ii) all undertakings thereunder shall (save as amended hereby) continue to be in full force and effect and shall accrue to the benefit of the Incremental Investors and the Existing Investors, (d) agrees and acknowledges the Obligations constitute legal, valid and binding obligations of the Issuer and that (i) no offsets, defenses or counterclaims to the Obligations or any other causes of action with respect to the Obligations or the Preferred Shares Documents exist and (ii) no portion of the Obligations is subject to avoidance, disallowance, reduction or subordination pursuant to any applicable law, and (e) agrees that such ratification and reaffirmation is not a condition to the continued effectiveness of the Preferred Shares Documents, and agrees that neither such ratification and reaffirmation, nor any Agent’s nor any Incremental Investor’s or Existing Investor’s solicitation of such ratification and reaffirmation, constitutes a course of dealing giving rise to any obligation or condition requiring a similar or any other ratification or reaffirmation from each party to the Preferred Share Subscription Agreement or other Preferred Shares Documents with respect to any subsequent modifications, consent or waiver with respect to Preferred Share Subscription Agreement or other Preferred Shares Documents. The Preferred Share Subscription Agreement and each other Preferred Shares Document is in all respects hereby ratified and confirmed. This Amendment shall constitute a “Preferred Shares Document” for purposes of Preferred Share Subscription Agreement.
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Ratification; Reaffirmation. (a) Except as expressly set forth in this Agreement, the Prior Credit Agreement (as amended and restated by this Agreement) and each of the other Loan Documents (including, without limitation, the Loan Documents executed in connection with the Prior Credit Agreement), are hereby ratified and remain in full force and effect. Nothing contained herein shall be deemed to be a novation of any Note or otherwise affect the priority of the lien of any of the Loan Documents.
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Ratification; Reaffirmation. Loan Parties hereby reaffirm the Credit Agreements and other Loan Documents to which each of them is a party, and ratify the Exhibit 10.01 Credit Agreements and such other Loan Documents to which each of them is a party, as amended, restated, modified, and/or supplemented. Loan Parties hereby ratify, affirm, reaffirm, acknowledge, confirm and agree that (a) the prior grant or grants of Liens and guarantees in favor of Lenders in Loan Parties' properties and assets, whether under the November Credit Agreement or under any Loan Document to which any Loan Party is a party, shall also be for the benefit of Lenders and in respect of the Obligations and Guaranteed Obligations under the Credit Agreements and the other Loan Documents; (b) all of Loan Parties' obligations owing to Lenders under the Credit Agreements and the other Loan Documents, and all prior grants of Liens and guarantees in favor of Lenders under the November Credit Agreement and each other Loan Document are hereby reaffirmed; and (c) the Credit Agreements and other Loan Documents to which each Loan Party is a party are the legal, valid and binding obligations of each Loan Party and are enforceable against each Loan Party in accordance with their respective terms, except as enforceability may be limited by applicable equitable principles or by bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting creditors' rights generally.
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Ratification; Reaffirmation. (a) This Amendment and all its terms, conditions and provisions shall be deemed to be part of the Original Financing Agreement. Except as specifically amended and supplemented by this Amendment, all other terms, conditions and provisions of the Original Financing Agreement (i) are unchanged and
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Ratification; Reaffirmation. (a) This Amendment and all its terms, conditions and provisions shall be deemed to be part of the Existing Financing Agreement. Except as specifically amended and supplemented by this Amendment, all other terms, conditions and provisions of the Existing Financing Agreement (i) are unchanged and (ii) shall remain in full force and effect and are hereby ratified and confirmed by each party hereto, as amended hereby. In the event of any conflict or inconsistency between this Amendment and the Existing Financing Agreement, the terms and provisions of this Amendment shall govern and prevail to the extent necessary to resolve such conflict or inconsistency.
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Ratification; Reaffirmation. Notwithstanding that Kings remains a co-borrower with Color on the Bond Loan and has not been released by the Authority, Color as Borrower per this amendment to the Joint Debtor Agreement, hereby ratifies and reaffirms the Reimbursement Agreement and the Joint Debtor Agreement as amended hereby, and all of Color's covenants, duties and liabilities thereunder as the sole Borrower.
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Ratification; Reaffirmation. The Issuer and the Guarantor each hereby acknowledges its receipt of a copy of this Amendment and its review of the terms and conditions hereof and consents to the terms and conditions of this Amendment. As of the date of this Amendment, each of the Guarantor and the Issuer hereby (a) ratifies and reaffirms all of its payment and performance obligations, contingent or otherwise, under each Preferred Shares Document, (b) affirms and confirms its undertakings under the Preferred Share Subscription Agreement and the other Preferred Shares Documents to which it is a party, (c) agrees that (i) each Preferred Shares Document to which it is a party shall continue in full force and effect (as amended hereby) and that (save as amended hereby) all of its obligations thereunder shall be valid and enforceable and shall not be impaired or limited by the execution or effectiveness of this Amendment, and (ii) all undertakings thereunder shall (save as amended hereby) continue to be in full force and effect and shall accrue to the benefit of the Incremental Investors and the Existing Investors, (d) agrees and acknowledges the Obligations constitute legal, valid and binding obligations of the Issuer and that (i) no offsets, defenses or counterclaims to the Obligations or any other causes of action with respect to the Obligations or the Preferred Shares Documents exist and
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Related to Ratification; Reaffirmation

  • Ratification and Reaffirmation Each Borrower hereby ratifies and reaffirms the Obligations, each of the Loan Documents and all of such Borrower's covenants, duties, indebtedness and liabilities under the Loan Documents.

  • Reaffirmation Each of the Credit Parties that is a party hereto, as debtor, grantor, pledgor, guarantor, assignor, or in other any other similar capacity in which such Credit Party grants liens or security interests in its property or otherwise acts as accommodation party or guarantor, as the case may be, hereby (i) ratifies and reaffirms all of its payment and performance obligations, contingent or otherwise, under each of the Financing Documents to which it is a party (after giving effect hereto) and (ii) to the extent such Credit Party granted liens on or security interests in any of its property pursuant to any such Financing Document as security for or otherwise guaranteed the Borrowers’ Obligations under or with respect to the Financing Documents, ratifies and reaffirms such guarantee and grant of security interests and liens and confirms and agrees that such security interests and liens hereafter secure all of the Obligations as amended hereby. Each of the Credit Parties hereby consents to this Amendment and acknowledges that each of the Financing Documents remains in full force and effect and is hereby ratified and reaffirmed, subject to the amendments, consents and waivers set forth herein. The execution of this Amendment shall not operate as a waiver of any right, power or remedy of the Agent or Lenders or constitute a waiver of any provision of any of the Financing Documents (except as expressly set forth herein) or serve to effect a novation of the Obligations.

  • Ratification and Confirmation Except as specifically amended herein, the Note Agreement shall remain in full force and effect, and is hereby ratified and confirmed.

  • Reaffirmation and Confirmation Borrower hereby ratifies, affirms, acknowledges and agrees that the Credit Agreement and the other Loan Documents to which it is a party represent the valid, enforceable and collectible obligations of Borrower, and further acknowledges that there are no existing claims, defenses, personal or otherwise, or rights of setoff whatsoever with respect to the Credit Agreement or any other Loan Document. Borrower hereby agrees that this Amendment in no way acts as a release or relinquishment of the Liens and rights securing payments of the Obligations. The Liens and rights securing payment of the Obligations are hereby ratified and confirmed by Borrower in all respects.

  • Ratification, Etc Except as expressly amended hereby, the Credit Agreement and all documents, instruments and agreements related thereto, including, but not limited to the Security Documents, are hereby ratified and confirmed in all respects and shall continue in full force and effect. The Credit Agreement and this Amendment shall be read and construed as a single agreement. All references in the Credit Agreement or any related agreement or instrument to the Credit Agreement shall hereafter refer to the Credit Agreement as amended hereby.

  • Consent and Reaffirmation Each Subsidiary Guarantor hereby consents to this Amendment and the transactions contemplated hereby, and each Loan Party hereby (a) agrees that, notwithstanding the effectiveness of this Amendment, the Guarantee and Collateral Agreement and each of the other Security Documents continue to be in full force and effect, (b) confirms its guarantee of the Obligations (with respect to each Subsidiary Guarantor) and its grant of a security interest in its assets as Collateral therefor, all as provided in the Loan Documents as originally executed and (c) acknowledges that such guarantee and/or grant continue in full force and effect in respect of, and to secure, the Obligations under the Credit Agreement (as amended hereby) and the other Loan Documents.

  • Acknowledgement and Reaffirmation By their execution hereof, each Borrower and the Guarantor hereby expressly (a) consents to this Amendment and to the amendments to the Credit Agreement set forth herein, (b) acknowledges that the covenants, representations, warranties and other obligations set forth in the Credit Agreement, the Notes and the other Loan Documents to which such Borrower or the Guarantor is a party remain in full force and effect (it being understood and agreed that to the extent any such covenants, representations, warranties or other obligations are expressly modified herein, such covenants, representations, warranties or obligations shall continue in full force and effect as expressly modified herein) and (c) acknowledges and agrees that this Amendment shall constitute a “Loan Document” for all purposes of the Credit Agreement and the other Loan Documents.

  • Ratification and Confirmation of Loan Documents The Borrower hereby consents, acknowledges and agrees to the amendments set forth herein and hereby confirms and ratifies in all respects the Loan Documents to which the Borrower is a party.

  • Ratification Except as modified and amended hereby, the Agreement is hereby ratified and confirmed in full force and effect in accordance with its terms.

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