Common use of Acknowledgment and Ratification Clause in Contracts

Acknowledgment and Ratification. As a material inducement to the Administrative Agent and the Lenders to execute and deliver this Amendment, each of the Borrower and the Guarantors (i) consents to the agreements in this Amendment, (ii) agrees and acknowledges that the execution, delivery, and performance of this Amendment shall in no way release, diminish, impair, reduce, or otherwise affect the respective obligations of the Borrower or any Guarantor under the Loan Documents to which it is a party, which Loan Documents shall remain in full force and effect, and all rights thereunder are hereby ratified and confirmed.

Appears in 13 contracts

Samples: Credit Agreement (Markwest Hydrocarbon Inc), Credit Agreement (Markwest Energy Partners L P), Credit Agreement (Markwest Hydrocarbon Inc)

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Acknowledgment and Ratification. As a material inducement to the Administrative Agent and the Lenders to execute and deliver this Amendment, each of the Borrower and the Guarantors each Guarantor (i) consents consent to the agreements in this Amendment, Amendment and (ii) agrees agree and acknowledges acknowledge that the execution, delivery, and performance of this Amendment shall in no way release, diminish, impair, reduce, or otherwise affect the respective obligations of the Borrower or any Guarantor Guarantors under the Loan Documents to which it is a partytheir respective Collateral Documents, which Loan Collateral Documents shall remain in full force and effect, and all rights Liens, guaranties, and Rights thereunder are hereby ratified and confirmed.

Appears in 6 contracts

Samples: Credit Agreement (Dutchess County Cellular Telephone Co Inc), Credit Agreement (Dobson Sygnet Communications Co), Credit Agreement (Dobson Sygnet Communications Co)

Acknowledgment and Ratification. As a material inducement to the Administrative Agent and the Lenders to execute and deliver this Amendment, each of the Borrower and the Guarantors each Guarantor (ia) consents consent to the agreements in this Amendment, Amendment and (iib) agrees agree and acknowledges acknowledge that the execution, delivery, and performance of this Amendment shall in no way release, diminish, impair, reduce, or otherwise affect the respective obligations of the Borrower or any Guarantor Guarantors under the Loan Documents to which it is a partytheir respective Collateral Documents, which Loan Collateral Documents shall remain in full force and effect, and all rights Liens, guaranties, and Rights thereunder are hereby ratified and confirmed.

Appears in 4 contracts

Samples: Credit Agreement (Coorstek Inc), Credit Agreement (Coorstek Inc), Revolving Credit and Term Loan Agreement (Graphic Packaging International Corp)

Acknowledgment and Ratification. As a material inducement to the Administrative Agent and the Lenders to execute and deliver this Amendment, each of the Borrower and the Guarantors each Guarantor (ia) consents consent to the agreements in this Amendment, Amendment and (iib) agrees agree and acknowledges acknowledge that the execution, delivery, and performance of this Amendment shall in no way release, diminish, impair, reduce, or otherwise affect the respective obligations of the Borrower or any Guarantor under the Loan Documents to which it is a party, which Loan Documents shall remain in full force and effect, and all rights guaranties and Rights thereunder are hereby ratified and confirmed.

Appears in 3 contracts

Samples: Credit Agreement (Williams Energy Partners L P), Credit Agreement (Williams Energy Partners L P), Credit Agreement (Williams Energy Partners L P)

Acknowledgment and Ratification. As a material inducement to the Administrative Agent and the Lenders to execute and deliver this Amendment, each of the Borrower and the Guarantors (ia) consents to the agreements in this Amendment, Amendment and (iib) agrees and acknowledges that the execution, delivery, and performance of this Amendment shall in no way release, diminish, impair, reduce, or otherwise affect the respective obligations of the Borrower or any Guarantor under the Loan Documents to which it is a party, which Loan Documents shall remain in full force and effect, and all rights thereunder are hereby ratified and confirmed.

Appears in 2 contracts

Samples: Credit Agreement (Markwest Hydrocarbon Inc), Credit Agreement (Markwest Hydrocarbon Inc)

Acknowledgment and Ratification. As a material inducement to the Administrative Agent and the Lenders to execute and deliver this Amendment, each of the The Borrower and the Guarantors each (i) consents consent to the agreements in this Amendment, (ii) agrees agree and acknowledges acknowledge that the execution, delivery, and performance of this Amendment shall in no way release, diminish, impair, reduce, or otherwise affect the respective obligations of the Borrower or any Guarantor under the Loan Documents to which it is a party, which Loan Documents shall remain in full force and effect, and all rights thereunder are hereby ratified and confirmed.

Appears in 2 contracts

Samples: Credit Agreement (Quest Energy Partners, L.P.), Credit Agreement (Quest Resource Corp)

Acknowledgment and Ratification. As a material inducement to the Administrative Agent and the Lenders to execute and deliver this Amendment, each of the Borrower and the Guarantors Guarantor each (ia) consents consent to the agreements in this Amendment, Amendment and (iib) agrees agree and acknowledges acknowledge that the execution, delivery, and performance of this Amendment shall in no way release, diminish, impair, reduce, or otherwise affect the respective obligations of the Borrower or any Guarantor under the Loan Documents to which it is a party, which Loan Documents shall remain in full force and effect, and all rights guaranties and Rights thereunder are hereby ratified and confirmed.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Northern Border Intermediate LTD), 364 Day Credit Agreement (Northern Border Intermediate LTD)

Acknowledgment and Ratification. As a material inducement to the Administrative Agent and the Lenders Lender to execute and deliver this Amendment, each of the Borrower and the Guarantors each Guarantor (ia) consents consent to the agreements in this Amendment, (ii) agrees and acknowledges that the execution, delivery, and performance of this Amendment shall in no way release, diminish, impair, reduce, or otherwise affect the respective obligations of the Borrower or any Guarantor Guarantors under the their respective Loan Documents to which it is a partyDocuments, which Loan Documents shall remain in full force and effect, and all Liens, guaranties, and rights thereunder are hereby ratified and confirmed.

Appears in 2 contracts

Samples: Credit Agreement (Crocs, Inc.), Credit Agreement (Crocs, Inc.)

Acknowledgment and Ratification. As a material inducement to the Administrative Agent and the Lenders to execute and deliver this Amendment, each of the Borrower and the Guarantors each Guarantor (i) consents consent to the agreements in this Amendment, Amendment and (ii) agrees agree and acknowledges acknowledge that the execution, delivery, and performance of this Amendment shall in no way release, diminish, impair, reduce, or otherwise affect the respective obligations of the Borrower or any Guarantor Guarantors under the Loan Documents to which it is a partytheir respective Collateral Documents, which Loan Collateral Documents shall remain in full force and effect, and all liens, guaranties, and rights thereunder are hereby ratified and confirmed.

Appears in 1 contract

Samples: Credit Agreement (Dobson Sygnet Communications Co)

Acknowledgment and Ratification. As a material inducement to the ------------------------------- Administrative Agent and the Lenders to execute and deliver this Amendment, each of the Borrower and the Guarantors each Guarantor (ia) consents consent to the agreements in this Amendment, Amendment and (iib) agrees agree and acknowledges acknowledge that the execution, delivery, and performance of this Amendment shall in no way release, diminish, impair, reduce, or otherwise affect the respective obligations of the Borrower or any Guarantor Guarantors under the Loan Documents to which it is a partytheir respective Collateral Documents, which Loan Collateral Documents shall remain in full force and effect, and all rights Liens, guaranties, and Rights thereunder are hereby ratified and confirmed.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Coorstek Inc)

Acknowledgment and Ratification. As a material inducement to the Administrative Agent and the Lenders to execute and deliver this Amendment, and each of the Borrower and the Guarantors (ia) consents to the agreements in this Amendment, Amendment and (iib) agrees and acknowledges that the execution, delivery, and performance of this Amendment shall in no way release, diminish, impair, reduce, or otherwise affect the respective obligations of the any Borrower or any Guarantor under the Loan Documents to which it is a party, which Loan Documents shall remain in full force and effect, and all rights guaranties and Rights thereunder are hereby ratified and confirmed.

Appears in 1 contract

Samples: Credit Agreement (Williams Energy Partners L P)

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Acknowledgment and Ratification. As a material inducement to the Administrative Agent and the Lenders to execute and deliver this Amendment, each of the Borrower and the Guarantors each Guarantor (ia) consents consent to the agreements in this Amendment, Amendment and (iib) agrees agree and acknowledges acknowledge that the execution, delivery, and performance of this Amendment shall in no way release, diminish, impair, reduce, or otherwise affect the respective obligations of the Borrower Borrowers or any Guarantor Guarantors under the their respective Loan Documents to which it is a partyDocuments, which Loan Documents shall remain in full force and effect, and all Liens, guaranties, and rights thereunder are hereby ratified and confirmed.

Appears in 1 contract

Samples: Credit Agreement (Westlake Chemical Corp)

Acknowledgment and Ratification. As a material inducement to the Administrative Agent and the Lenders to execute and deliver this Amendment, each of the Borrower and the Guarantors each Guarantor (ia) consents consent to the agreements in this Amendment, Amendment and (iib) agrees agree and acknowledges acknowledge that the execution, delivery, and performance of this Amendment shall in no way release, diminish, impair, reduce, or otherwise affect the respective obligations of the Borrower Borrowers or any Guarantor Guarantors under the their respective Loan Documents to which it is a partyDocuments, which Loan Documents shall remain in full force and effect, and all Liens, guaranties, and rights thereunder are hereby ratified and confirmed.

Appears in 1 contract

Samples: Credit Agreement (Westlake Chemical Corp)

Acknowledgment and Ratification. As a material inducement to the Administrative Agent and the Lenders to execute and deliver this Amendment, each of the Borrower and the Guarantors each Guarantor (ia) consents consent to the agreements in this Amendment, Amendment and (iib) agrees agree and acknowledges acknowledge that the execution, delivery, and performance of this Amendment shall in no way release, diminish, impair, reduce, or otherwise affect the respective obligations of the Borrower or any Guarantor Guarantors under their respective Collateral Documents under the Loan Documents to which it is a partyCredit Agreement, which Loan Collateral Documents shall remain in full force and effect, and all Liens, guaranties, and rights thereunder are hereby ratified and confirmed.

Appears in 1 contract

Samples: Credit Agreement (Dobson Sygnet Communications Co)

Acknowledgment and Ratification. As a material inducement to the Administrative Agent and the Lenders to execute and deliver this Amendment, Company and each of the Borrower and the Guarantors Guarantor (ia) consents consent to the agreements in this Amendment, Amendment and (iib) agrees agree and acknowledges acknowledge that the execution, delivery, and performance of this Amendment shall in no way release, diminish, impair, reduce, or otherwise affect the respective obligations of the Borrower Company or any Guarantor Guarantors under the their respective Loan Documents to which it is a partyPapers, which Loan Documents Papers shall remain in full force and effect, and all Liens, guaranties, and rights thereunder are hereby ratified and confirmed.

Appears in 1 contract

Samples: Letter of Credit and Reimbursement Agreement (Flowserve Corp)

Acknowledgment and Ratification. As a material inducement to the Administrative Agent and the Lenders to execute and deliver this Amendment, each of the Borrower and the Guarantors each Guarantor (ia) consents consent to the agreements in this Amendment, ; and (iib) agrees agree and acknowledges acknowledge that the execution, delivery, and performance of this Amendment shall in no way release, diminish, impair, reduce, or otherwise affect the respective obligations of the Borrower Borrowers or any Guarantor Guarantors under the their respective Loan Documents to which it is a partyDocuments, which Loan Documents shall remain in full force and effect, and all Liens, guaranties, and rights thereunder are hereby ratified and confirmed.

Appears in 1 contract

Samples: Credit Agreement (Westlake Chemical Corp)

Acknowledgment and Ratification. As a material inducement to the Administrative Agent and the Lenders to execute and deliver this Amendment, each of the Borrower and the Guarantors Guarantor each (ia) consents consent to the agreements in this Amendment, Amendment and (iib) agrees agree and acknowledges acknowledge that the execution, delivery, and performance of this Amendment shall in no way release, diminish, impair, reduce, or otherwise affect the respective obligations of the Borrower or any Guarantor under the Loan Documents to which it is a party, which Loan Documents shall remain in full force and effect, and all rights guaranties and Rights thereunder are hereby ratified and confirmed.. FIRST AMENDMENT 364-DAY CREDIT AGREEMENT EFFECTIVE 6/28/00 2

Appears in 1 contract

Samples: 364 Day Credit Agreement (Northern Border Intermediate LTD)

Acknowledgment and Ratification. As a material inducement to the Administrative Agent and the One-Year Term Lenders to execute and deliver this Amendment, each of the Borrower and the Guarantors each Guarantor (ia) consents consent to the agreements in this Amendment, Amendment and (iib) agrees agree and acknowledges acknowledge that the execution, delivery, and performance of this Amendment shall in no way release, diminish, impair, reduce, or otherwise affect the respective obligations of the Borrower or any Guarantor Guarantors under the Loan Documents to which it is a partytheir respective Collateral Documents, which Loan Collateral Documents shall remain in full force and effect, and all rights Liens, guaranties, and Rights thereunder are hereby ratified and confirmed.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Graphic Packaging International Corp)

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