Common use of Affirmation and Acknowledgment Clause in Contracts

Affirmation and Acknowledgment. Each of Parent and Obligor hereby ratifies and confirms all of its obligations to the Bondholders and the Administrative Agent under the Continuing Covenant Agreement and the other Bond Documents, as amended hereby, and acknowledges and agrees that the Continuing Covenant Agreement and the other Bond Documents, as amended hereby, shall remain in full force and effect in accordance with their respective terms. By signature hereto, the Parent confirms and agrees that (a) it has no defense to enforcement of the Guaranty Agreement, and that according to its terms, the Guaranty Agreement will continue in full force and effect to guaranty the Obligor’s obligations under the Bond Documents and the other amounts described in the Guaranty Agreement following execution of this Amendment and the occurrence of the Effective Date, and (b) all Liens now or hereafter held by the Collateral Agent for the benefit of the Secured Parties as security for payment of the Obligations remain in full force and effect.

Affirmation and Acknowledgment. Each of Parent and Obligor hereby ratifies and confirms all of its obligations to the Bondholders and the Administrative Agent under the Continuing Covenant Agreement and the other Bond Documents, as amended hereby, and acknowledges and agrees that the Continuing Covenant Agreement and the other Bond Documents, as amended or supplemented hereby, shall remain in full force and effect in accordance with their respective terms. By its signature hereto, the Parent confirms and agrees that (a) it has no defense to enforcement of the Guaranty Agreement, and that according to its terms, the Guaranty Agreement will continue in full force and effect to guaranty the Obligor’s obligations under the Bond Documents and the other amounts described in the Guaranty Agreement following execution of this Amendment and the occurrence of the Amendment Effective Date, and (b) all Liens Liens, including those granted pursuant to the Security Agreement, now or hereafter held by the Collateral Agent for the benefit of the Secured Parties as security for payment of the Obligations remain in full force and effect.

Affirmation and Acknowledgment. Each of Parent and Obligor Borrower hereby ratifies and confirms all of its obligations to the Bondholders Lenders and the Administrative Agent under the Continuing Covenant Credit Agreement and the other Bond Loan Documents, as amended hereby, hereby and acknowledges and agrees that the Continuing Covenant Credit Agreement and the other Bond Loan Documents, as amended hereby, shall remain in full force and effect in accordance with their respective terms. By signature hereto, the (a) Parent confirms and agrees that (a) it has no defense to enforcement of the Guaranty Agreement, and that according to its terms, the Guaranty Agreement will continue in full force and effect to guaranty the ObligorBorrower’s obligations under the Bond Loan Documents and the other amounts described in the Guaranty Agreement following execution of this Amendment and the occurrence of the Effective Date, Date and (b) Parent and Borrower confirm and agree that all Liens now or hereafter held by the Collateral Agent for the benefit of the Secured Parties as security for payment of the Obligations remain in full force and effect.