Common use of AGREEMENT AND AFFIRMATION Clause in Contracts

AGREEMENT AND AFFIRMATION. Each of the undersigned Guarantors hereby consents and agrees to the terms and conditions of the foregoing Amendment dated as of January 26, 2009 and to the documents contemplated thereby and to the provisions contained therein relating to conditions to be fulfilled and obligations to be performed by it pursuant to or in connection with said Amendment and agrees particularly to be bound thereby to the same extent as if the undersigned were a party to said Amendment. Each of undersigned hereby reaffirms its obligations, representations, warranties and covenants under its respective Guaranty of the guaranty of the obligations of the Borrower to the Lenders under or in connection with the Credit Agreement, as amended. Each of the undersigned hereby agrees that it shall execute each additional Credit Document, including executing and recording an amendment to its respective Vessel Mortgage, as may be required by the Lenders in connection with the Amendment.

AGREEMENT AND AFFIRMATION. Each of the undersigned Guarantors hereby consents and agrees to the terms and conditions of the foregoing Amendment No. 3 and Waiver No. 2 dated as of January 26May 15, 2009 2016 (the “Amendment”) and to the documents contemplated thereby and to the provisions contained therein relating to conditions to be fulfilled and obligations to be performed by it pursuant to or in connection with said the Amendment and agrees particularly to be bound thereby to the same extent as if the undersigned were a party to said the Amendment. Each of undersigned hereby reaffirms its obligations, representations, warranties and covenants under its respective the Guaranty Agreement of the guaranty of the obligations of the Borrower to the Lenders under or in connection with the Credit Agreement, as amended. Each of the undersigned hereby agrees that it shall execute each additional Credit Document, including executing and recording an amendment to its respective Vessel Mortgage, Loan Document as may be required by the Lenders in connection with the Amendment.

AGREEMENT AND AFFIRMATION. Each of the undersigned Guarantors hereby consents and agrees to the terms and conditions of of' the foregoing Amendment dated as of January 26December 21, 2009 2011 and to the documents contemplated thereby and to the provisions contained therein relating to conditions to be fulfilled and obligations to be performed by it pursuant to or in connection with said Amendment and agrees particularly to be bound thereby to the same extent as if the undersigned were a party to said Amendment. Each of undersigned hereby reaffirms its obligations, representations, warranties and covenants under its respective Guaranty of the guaranty of the obligations of the Borrower to the Lenders under or in connection with the Credit Agreement, as amended. Each of the undersigned hereby agrees that it shall execute each additional Credit Document, including executing and recording an amendment to its respective Vessel Mortgage, as may be required by the Lenders in connection with the Amendment.