Common use of Acknowledgement and Reaffirmation of Borrower and Guarantors Clause in Contracts

Acknowledgement and Reaffirmation of Borrower and Guarantors. The Borrower and the Guarantors acknowledge and consent to all terms and conditions of this Amendment and agree that this Amendment does not operate to reduce or discharge the Borrower’s or the Guarantors’ obligations under any Loan Document. Each of the Borrower and the Guarantors hereby ratifies and confirms its obligations under the Credit Agreement if a party thereto and the other Loan Documents to which it is a party.

Appears in 2 contracts

Samples: Second Lien Credit Agreement (RCS Capital Corp), First Lien Credit Agreement (RCS Capital Corp)

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Acknowledgement and Reaffirmation of Borrower and Guarantors. The Borrower and the Guarantors acknowledge and consent to all terms and conditions of this Amendment and agree that this Amendment does not operate to reduce reduce, impair or discharge the Borrower’s or the Guarantors’ obligations under any Loan DocumentDocument including, without limitation, the Obligations. Each of the Borrower and the Guarantors hereby ratifies and confirms its obligations under the Credit Agreement if a party thereto and the other Loan Documents to which it is a partyparty including, without limitation, the Obligations.

Appears in 2 contracts

Samples: Second Lien Credit Agreement (RCS Capital Corp), First Lien Credit Agreement (RCS Capital Corp)

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