Common use of Affirmation and acceptance Clause in Contracts

Affirmation and acceptance. 5.1 With effect from the Effective Date, the terms and conditions of the Committed Facility Letter shall be read and construed by reference to this deed and all references to the Committed Facility Letter shall be deemed to incorporate the relevant amendments contained within this deed and all references in the Committed Facility Letter to “this Committed Facility Letter” shall with effect from the Effective Date be references to the Committed Facility Letter as amended by this deed. 5.2 In the event of any conflict between the terms of this deed and the Committed Facility Letter, the terms of this deed shall prevail. 5.3 For the avoidance of doubt, except as amended by the terms of this deed, all of the terms and conditions of the Committed Facility Letter shall continue to apply and remain in full force and effect.

Appears in 4 contracts

Samples: Committed Facility Letter (Aspen Insurance Holdings LTD), Committed Facility Letter (Everest Re Group LTD), Committed Facility Letter for Issuance of Payment Instruments (Renaissancere Holdings LTD)

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Affirmation and acceptance. 5.1 With effect from the Effective Date, the terms and conditions of the Committed Facility Letter shall be read and construed by reference to this deed Deed and all references to the Committed Facility Letter shall be deemed to incorporate the relevant amendments contained within this deed Deed and all references in the Committed Facility Letter to “this Committed Facility Letter” shall with effect from the Effective Date be references to the Committed Facility Letter as amended by this deedDeed. 5.2 In the event of any conflict between the terms of this deed Deed and the Committed Facility Letter, the terms of this deed Deed shall prevail. 5.3 For the avoidance of doubt, except as amended by the terms of this deedDeed, all of the terms and conditions of the Committed Facility Letter shall continue to apply and remain in full force and effect.

Appears in 1 contract

Samples: Committed Facility Letter (Axis Capital Holdings LTD)

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