Common use of Amendment and Restatement; Confirmation of Liens Clause in Contracts

Amendment and Restatement; Confirmation of Liens. As to the Parent, this Pledge Agreement is an amendment and restatement of the Existing Pledge Agreement and supersedes the Existing Pledge Agreement in its entirety; provided, however, that (a) the execution and delivery of this Pledge Agreement shall not effect a novation of the Existing Pledge Agreement but shall be, to the fullest extent applicable, in modification, renewal, confirmation and extension of such Existing Pledge Agreement, and (b) the Liens, security interests and other interests in the Pledged Collateral (as such term is defined in the Existing Pledge Agreement, hereinafter the “Existing Pledged Collateral”) granted under the Existing Pledge Agreement are and shall remain legal, valid, binding and enforceable with regard to such Existing Pledged Collateral. The Parent hereby acknowledges and confirms the continuing existence and effectiveness of such Liens, security interests and other interests in the Existing Pledged Collateral granted under the Existing Pledge Agreement, and further agrees that the execution and delivery of this Pledge Agreement and the other Loan Documents shall not in any way release, diminish, impair, reduce or otherwise affect such Liens, security interests and other interests in the Existing Pledged Collateral granted under the Existing Pledge Agreement.

Amendment and Restatement; Confirmation of Liens. As to the ParentGrantors party to the Existing Security Agreement, this Pledge Security Agreement is an amendment and restatement of the Existing Pledge Security Agreement and supersedes the Existing Pledge Security Agreement in its entirety; provided, however, that (ai) the execution and delivery of this Pledge Security Agreement shall not effect a novation of the Existing Pledge Security Agreement but shall be, to the fullest extent applicable, in modification, renewal, confirmation and extension of such Existing Pledge Security Agreement, and (bii) the Liens, security interests and other interests in the Pledged Collateral (as such term is defined in the Existing Pledge Security Agreement, hereinafter the “Existing Pledged Collateral”) granted under the Existing Pledge Security Agreement are and shall remain legal, valid, binding and enforceable with regard to such Existing Pledged Collateral. The Parent Each Grantor party to the Existing Security Agreement hereby acknowledges and confirms the continuing existence and effectiveness of such Liens, security interests and other interests in the Existing Pledged Collateral granted under the Existing Pledge Security Agreement, and further agrees that the execution and delivery of this Pledge Security Agreement and the other Loan Documents shall not in any way release, diminish, impair, reduce or otherwise affect such Liens, security interests and other interests in the Existing Pledged Collateral granted under the Existing Pledge Security Agreement.

Amendment and Restatement; Confirmation of Liens. As to the Parent, this Pledge This Agreement is an amendment and restatement of the Existing Pledge Agreement and supersedes the Existing Pledge Agreement in its entirety; provided, however, that (ai) the execution and delivery of this Pledge Agreement shall not effect a novation of the Existing Pledge Agreement but shall be, to the fullest extent applicable, in a modification, renewal, confirmation and extension of such Existing Pledge Agreement, and (bii) the Liens, security interests and other interests in the Pledged Collateral (collateral as such term is defined described in the Existing Pledge Agreement, hereinafter Agreement (the “Existing Pledged Original Collateral”) granted under the Existing Pledge Agreement are and shall remain legal, valid, binding and enforceable with regard to such Original Collateral to the extent such Original Collateral is Collateral under this Agreement. Each Grantor party to the Existing Pledged Collateral. The Parent Pledge Agreement hereby acknowledges and confirms the continuing existence and effectiveness of such Liens, security interests and other interests in the Existing Pledged Collateral granted under the Existing Pledge Agreementsuch Original Collateral, and further agrees that the execution and delivery of this Pledge Agreement and the other Loan Documents shall not in any way release, diminish, impair, reduce or otherwise affect such Liens, security interests and other interests in the Existing Pledged such Original Collateral granted under the Existing Pledge Agreement.

Amendment and Restatement; Confirmation of Liens. As to the Parent, this This Pledge Agreement is an amendment and restatement of the Existing Pledge Agreement and supersedes the Existing Pledge Agreement in its entirety; provided, however, that (ai) the execution and delivery of this Pledge Agreement shall not effect a novation of the Existing Pledge Agreement but shall be, to the fullest extent applicable, in a modification, renewal, confirmation and extension of such Existing Pledge Agreement, and (bii) the Liens, security interests and other interests in the Pledged Collateral (collateral as such term is defined described in the Existing Pledge Agreement, hereinafter Agreement (the “Existing Pledged Original Collateral”) granted under the Existing Pledge Agreement are and shall remain legal, valid, binding and enforceable with regard to such Existing Pledged Original Collateral. The Parent Each Pledgor party to the Existing Pledge Agreement hereby acknowledges and confirms the continuing existence and effectiveness of such Liens, security interests and other interests in the Existing Pledged Original Collateral granted under the Existing Pledge Agreement, and further agrees that the execution and delivery of this Pledge Agreement and the other Loan Credit Documents shall not in any way release, diminish, impair, reduce or otherwise affect such Liens, security interests and other interests in the Existing Pledged Original Collateral granted under the Existing Pledge Agreement.