Common use of Acknowledgement and Affirmation Clause in Contracts

Acknowledgement and Affirmation. Each of the Borrower and each Guarantor hereby (i) expressly acknowledges the terms of the Credit Agreement as amended hereby, (ii) ratifies and affirms after giving effect to this Amendment, its obligations under the Loan Documents (including Guaranty Agreements (as defined in the Credit Agreement)) executed by the Borrower and/or such Guarantor and (iii) after giving effect to this Amendment, acknowledges, renews and extends its continued liability under all such Loan Documents and agrees such Loan Documents remain in full force and effect.

Appears in 2 contracts

Samples: Credit Agreement (Horton D R Inc /De/), Credit Agreement (Horton D R Inc /De/)

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Acknowledgement and Affirmation. Each of the Borrower and each Guarantor hereby (i) expressly acknowledges the terms of the Credit Agreement as amended hereby, (ii) ratifies and affirms after giving effect to this Amendment, its obligations under the Loan Documents (including the Guaranty Agreements Agreement (as defined in the Credit Agreement)) executed by the Borrower and/or such Guarantor and (iii) after giving effect to this Amendment, acknowledges, renews and extends its continued liability under all such Loan Documents and agrees such Loan Documents remain in full force and effect.

Appears in 2 contracts

Samples: Credit Agreement (Horton D R Inc /De/), Credit Agreement (Forestar Group Inc.)

Acknowledgement and Affirmation. Each of the Borrower Borrowers, and each Guarantor hereby (i) expressly acknowledges the terms of the Credit Agreement as amended hereby, (ii) ratifies and affirms after giving effect to this Amendment, Incremental Amendment No. 1 its obligations under the Loan Documents (including Guaranty Agreements (as defined in the Credit Agreement)guarantees and security agreements) executed by the such Borrower and/or such Guarantor and (iii) after giving effect to this AmendmentIncremental Amendment No. 1, acknowledges, renews and extends its continued liability under all such Loan Documents and agrees such Loan Documents remain in full force and effect.

Appears in 1 contract

Samples: Incremental Amendment (Crown Holdings Inc)

Acknowledgement and Affirmation. Each of the The Borrower and each Guarantor hereby (i) expressly acknowledges the terms of the Credit Agreement as amended hereby, (ii) ratifies and affirms after giving effect to this Amendment, Agreement its obligations under the Loan Documents (including Guaranty Agreements (as defined in the Credit Agreement)) executed by the Borrower and/or such Guarantor and (iii) after giving effect to this Amendment, acknowledges, Agreement acknowledges renews and extends its continued liability under all such Loan Documents and agrees such Loan Documents remain in full force and effect.

Appears in 1 contract

Samples: Credit Agreement (Horton D R Inc /De/)

Acknowledgement and Affirmation. Each of the Borrower Borrowers, and each Guarantor hereby (i) expressly acknowledges the terms of the Credit Agreement as amended hereby, (ii) ratifies and affirms after giving effect to this Amendment, Incremental Amendment No. 3 its obligations under the Loan Documents (including Guaranty Agreements (as defined in the Credit Agreement)guarantees and security agreements) executed by the such Borrower and/or such Guarantor and (iii) after giving effect to this AmendmentIncremental Amendment No. 3, acknowledges, renews and extends its continued liability under all such Loan Documents and agrees such Loan Documents remain in full force and effect.

Appears in 1 contract

Samples: Incremental Amendment (Crown Holdings Inc)

Acknowledgement and Affirmation. Each of the Borrower and each Guarantor hereby (i) expressly acknowledges the terms of the Credit Agreement as amended hereby, (ii) ratifies and affirms after giving effect to this Amendment, Amendment its obligations under the Loan Credit Documents (including Guaranty Agreements (as defined in the Credit Agreement)guarantees and security agreements) executed by the Borrower and/or such Guarantor and (iii) after giving effect to this Amendment, acknowledges, acknowledges renews and extends its continued liability under all such Loan Credit Documents and agrees such Loan Credit Documents remain in full force and effect.

Appears in 1 contract

Samples: Credit Agreement (Knight Inc.)

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Acknowledgement and Affirmation. Each of the Borrower and each Guarantor hereby (i) expressly acknowledges the terms of the Credit Agreement as amended hereby, (ii) ratifies and affirms after giving effect to this Amendment, its obligations under the Loan Documents (including the Guaranty Agreements Agreement (as defined in the Credit Agreement)) executed by the Borrower and/or such Guarantor and (iii) after giving effect to this Amendment, acknowledges, acknowledges renews and extends its continued liability under all such Loan Documents and agrees such Loan Documents remain in full force and effect.

Appears in 1 contract

Samples: Credit Agreement (Forestar Group Inc.)

Acknowledgement and Affirmation. Each of the Borrower and each Guarantor hereby (i) expressly acknowledges the terms of the Credit Agreement as amended hereby, (ii) ratifies and affirms after giving effect to this Amendment, Increase Joinder its obligations under the Loan Documents (including Guaranty Agreements (as defined in the Credit Agreement)guarantees and security agreements) executed by the Borrower and/or such Guarantor and (iii) after giving effect to this AmendmentIncrease Joinder, acknowledges, acknowledges renews and extends its continued liability under all such Loan Documents and agrees such Loan Documents remain in full force and effect.

Appears in 1 contract

Samples: Increase Joinder (Salem Communications Corp /De/)

Acknowledgement and Affirmation. Each of the Borrower and each Guarantor hereby (i) expressly acknowledges the terms of the Credit Agreement as amended hereby, (ii) ratifies and affirms after giving effect to this Amendment, Agreement and the Additional Commitments its obligations under the Loan Documents (including Guaranty Agreements (as defined in the Credit Agreement)) executed by the Borrower and/or such Guarantor and (iii) after giving effect to this AmendmentAgreement and the Additional Commitments, acknowledges, acknowledges renews and extends its continued liability under all such Loan Documents and agrees such Loan Documents remain in full force and effect.

Appears in 1 contract

Samples: Credit Agreement (Horton D R Inc /De/)

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