Common use of Acknowledgments and Consents Clause in Contracts

Acknowledgments and Consents. The Borrower and each of its Subsidiaries, in their capacities as Borrower, as guarantors of the Credit Obligations, grantors of security interests to secure the Credit Obligations and/or holders of Subordinated Indebtedness, as the case may be, pursuant to the Credit Agreement dated as of May 29, 1996, as amended and in effect on the date hereof, hereby acknowledge and agree that, as of the Initial Closing Date, (i) the Uniform Commercial Code Financing Statements and other instruments previously filed in connection with the perfection of the Liens created in the Credit Security pursuant to such Credit Agreement shall be deemed to refer to the Credit Agreement as amended and restated hereby and that the term "Credit Obligations" as used in such financing statements and other instruments, shall be deemed to refer to the Credit Obligations under the Credit Agreement as amended and restated hereby; and (ii) such financing statements and other instruments are confirmed and ratified as being in full force and effect.

Appears in 2 contracts

Samples: Credit Agreement (Ameripath Inc), Credit Agreement (Ameripath Inc)

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Acknowledgments and Consents. The Borrower and each of its SubsidiariesGuarantor and each Obligor, in their capacities as Borrower, as guarantors of the Credit Obligations, grantors of security interests to secure the Credit Obligations and/or holders of Subordinated Indebtedness, as the case may be, pursuant to the Credit Agreement dated as of May 29, 1996, as amended and restated previously and hereby and as in effect on the date hereof, hereby acknowledge and agree that, as of the Initial Closing Date, (i) the Uniform Commercial Code Financing Statements and other instruments previously filed in connection with the perfection of the Liens created in the Credit Security pursuant to such Credit Agreement shall be deemed to refer to the Credit Agreement as amended and restated hereby and that the term "Credit Obligations" as used in such financing statements and other instruments, shall be deemed to refer to the Credit Obligations under the Credit Agreement as amended and restated hereby; and (ii) such financing statements and other instruments are confirmed and ratified as being in full force and effect.

Appears in 1 contract

Samples: Credit Agreement (Ameripath Inc)

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Acknowledgments and Consents. The Borrower and each of its SubsidiariesGuarantor and each ---------------------------- Obligor, in their capacities as Borrower, as guarantors of the Credit Obligations, grantors of security interests to secure the Credit Obligations and/or holders of Subordinated Indebtedness, as the case may be, pursuant to the Credit Agreement dated as of May 29, 1996, as amended and restated previously and hereby and as in effect on the date hereof, hereby acknowledge and agree that, as of the Initial Closing Date, (i) the Uniform Commercial Code Financing Statements and other instruments previously filed in connection with the perfection of the Liens created in the Credit Security pursuant to such Credit Agreement shall be deemed to refer to the Credit Agreement as amended and restated hereby and that the term "Credit Obligations" as used in such financing statements and other instruments, shall be deemed to refer to the Credit Obligations under the Credit Agreement as amended and restated hereby; and (ii) such financing statements and other instruments are confirmed and ratified as being in full force and effect.

Appears in 1 contract

Samples: Credit Agreement (Ameripath Inc)

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