Common use of Acknowledgment and Reaffirmation Clause in Contracts

Acknowledgment and Reaffirmation. By its execution hereof, each of the Loan Parties hereby expressly (a) acknowledges and agrees to the terms and conditions of this Amendment, (b) except as otherwise amended hereby, reaffirms all of its respective covenants and other obligations set forth in the Credit Agreement and the other Loan Documents to which it is a party, (c) ratifies and confirms all security interests previously granted by it to the Administrative Agent for the benefit of the Secured Parties under the Loan Documents, as amended hereby, and (d) acknowledges that its respective covenants and other obligations set forth in the Credit Agreement and the other Loan Documents to which it is a party remain in full force and effect as amended hereby.

Appears in 3 contracts

Samples: Credit Agreement and Guaranty (Harrow Health, Inc.), Credit Agreement (Biocryst Pharmaceuticals Inc), Credit Agreement (Biocryst Pharmaceuticals Inc)

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Acknowledgment and Reaffirmation. By its execution hereof, each of the Loan Note Parties hereby expressly (a) acknowledges and agrees to the terms and conditions of this Amendment, (b) except as otherwise amended hereby, reaffirms all of its respective covenants and other obligations set forth in the Credit Note Purchase Agreement and the other Loan Note Documents to which it is a party, (c) ratifies and confirms all security interests previously granted by it to the Administrative Agent for the benefit of the Secured Parties under the Loan Note Documents, as amended hereby, and (d) acknowledges that its respective covenants and other obligations set forth in the Credit Note Purchase Agreement and the other Loan Note Documents to which it is a party remain in full force and effect as amended hereby.

Appears in 2 contracts

Samples: Note Purchase Agreement (Terran Orbital Corp), Note Purchase Agreement (Tailwind Two Acquisition Corp.)

Acknowledgment and Reaffirmation. 8.1 By its execution hereof, each of the Borrower, Holdings and the other Loan Parties hereby expressly (a) acknowledges and agrees to the terms and conditions of this Amendment, (b) except as otherwise amended hereby, reaffirms all of its respective covenants covenants, representations, warranties and other obligations set forth in the Credit Agreement and the other Loan Documents to which it is a party, (c) ratifies and confirms all security interests previously granted by it to acknowledges that the Administrative Agent for the benefit of the Secured Parties Fourth Amendment Loans shall constitute Obligations under the Loan Documents, Credit Agreement and Secured Obligations (as amended herebydefined in the Guarantee and Collateral Agreement), and (d) acknowledges that its respective covenants covenants, representations, warranties and other obligations set forth in the Credit Agreement and the other Loan Documents to which it is a party remain in full force and effect as amended herebyeffect.

Appears in 2 contracts

Samples: Credit Agreement (FreightCar America, Inc.), Credit Agreement (Pacific Investment Management Co LLC)

Acknowledgment and Reaffirmation. By its execution hereof, each of the Loan Note Parties hereby expressly (a) acknowledges and agrees to the terms and conditions of this Amendment, (b) except as otherwise amended hereby, reaffirms all of its respective covenants and other obligations set forth in the Credit Note Purchase Agreement and the other Loan Note Documents to which it is a party, (c) ratifies and confirms all security interests previously granted by it to the Administrative Collateral Agent for the benefit of the Secured Parties under the Loan Note Documents, as amended hereby, and (d) acknowledges that its respective covenants and other obligations set forth in the Credit Note Purchase Agreement and the other Loan Note Documents to which it is a party remain in full force and effect as amended hereby.

Appears in 2 contracts

Samples: Note Purchase Agreement (Terran Orbital Corp), Note Purchase Agreement (Terran Orbital Corp)

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Acknowledgment and Reaffirmation. By its execution hereof, each of the Loan Parties hereby expressly (a) acknowledges and agrees to the terms and conditions of this AmendmentWaiver, (b) except as otherwise amended hereby, reaffirms all of its respective covenants and other obligations set forth in the Credit Agreement and the other Loan Documents to which it is a party, (c) ratifies and confirms all security interests previously granted by it to the Administrative Agent for the benefit of the Secured Parties under the Loan Documents, as amended hereby, and (d) acknowledges that its respective covenants and other obligations set forth in the Credit Agreement and the other Loan Documents to which it is a party remain in full force and effect as amended hereby.

Appears in 1 contract

Samples: Waiver (Biocryst Pharmaceuticals Inc)

Acknowledgment and Reaffirmation. By its execution hereof, each of the Loan Parties Borrower and Guarantor hereby expressly (a) acknowledges and agrees to the terms and conditions of this Amendment, (b) except as otherwise amended hereby, reaffirms all of its respective covenants covenants, representations, warranties and other obligations set forth in the Credit Agreement and the other Loan Documents to which it is a party, (c) ratifies and confirms all security interests previously granted by it to the Administrative Agent for the benefit of the Secured Parties Lender under the Loan Documents, as amended hereby, and (d) acknowledges that its respective covenants covenants, representations, warranties and other obligations set forth in the Credit Agreement and the other Loan Documents to which it is a party remain in full force and effect effect. This Amendment shall be deemed to be a Loan Document, as amended herebysuch term is defined in the Credit Agreement.

Appears in 1 contract

Samples: Credit Agreement (Charles & Colvard LTD)

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