Common use of Acknowledgment And Reaffirmation Of Obligations Clause in Contracts

Acknowledgment And Reaffirmation Of Obligations. Each of the Obligors acknowledges and affirms that: (a) the Credit Documents are the valid and binding obligation of each of them that is a signatory thereto; (b) the Credit Documents are enforceable in accordance with all stated terms; and (c) none of them has any defenses, claims of offset, or counterclaims against the enforcement of the Credit Documents in accordance with all stated terms.

Appears in 8 contracts

Samples: Credit Agreement (Lazydays Holdings, Inc.), Credit Agreement (GPB Automotive Portfolio, LP), Credit Agreement (GPB Automotive Portfolio, LP)

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Acknowledgment And Reaffirmation Of Obligations. Each of the Obligors Loan Parties acknowledges and affirms that: (a) the Credit Documents are the valid and binding obligation of each of them that is a signatory thereto; (b) the Credit Documents are enforceable in accordance with all stated terms; and (c) none of them has any defenses, claims of offset, or counterclaims against the enforcement of the Credit Documents in accordance with all stated terms.

Appears in 3 contracts

Samples: Credit Agreement (GPB Automotive Portfolio, LP), Credit Agreement (Lazydays Holdings, Inc.), Credit Agreement (GPB Automotive Portfolio, LP)

Acknowledgment And Reaffirmation Of Obligations. Each of the Obligors acknowledges and affirms that: (a) the Credit Documents are the valid and binding obligation of each ofeach of them that is a signatory thereto; (b) the Credit Documents are enforceable in accordance with all stated terms; and (c) none of them has any defenses, claims of offset, or counterclaims against the enforcement of the Credit Documents in accordance with all stated termste1ms.

Appears in 1 contract

Samples: Credit Agreement (GPB Automotive Portfolio, LP)

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Acknowledgment And Reaffirmation Of Obligations. Each of the Obligors Loan Parties acknowledges and affirms that: (a) the Credit Documents are the valid and binding obligation of each of them that is a signatory thereto; (ba) the Credit Documents are enforceable in accordance with all stated terms; and (c) none of them has any defenses, claims of offset, or counterclaims against the enforcement of the Credit Documents in accordance with all stated terms.

Appears in 1 contract

Samples: Credit Agreement (GPB Automotive Portfolio, LP)

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