Confirmation and Ratification. Except as affected by the provisions set forth herein, the Loan Agreement shall remain in full force and effect and is hereby ratified and confirmed by all parties. The execution, delivery and effectiveness of this Amendment shall not, except as expressly provided herein, operate as a waiver of any right, power or remedy of Lenders under the Loan Agreement or the other Loan Documents.
Confirmation and Ratification. Borrower and Guarantors confirm and agree that each pledge, assignment, security interest, lien or other encumbrance made by Borrower and Guarantors in favor of Lender under any Loan Document is hereby ratified and confirmed in all respects. Borrower and each Guarantor each acknowledges and confirms the validity and enforceability of all Loan Documents to which it is a party. Borrower and each Guarantor represents and warrants to Lender that such party has no right of offset, defense or counterclaim to the payment or performance of the Loans or any of its other obligations under any of the Loan Documents to which it is a party.
Confirmation and Ratification. Except as expressly amended herein, all unmodified and remaining terms and conditions of the Agreement shall remain in full force and effect. All capitalized terms not defined in this Amendment shall have the same meaning as set forth in the Agreement. In the event of a conflict between the Agreement and the Amendment, the terms of the Amendment shall govern.
Confirmation and Ratification. Except as expressly modified herein, the Lease is ratified and confirmed in its entirety, and all of the terms and conditions of the Lease shall remain unchanged and in full force and effect and are incorporated herein by this reference.
Confirmation and Ratification. (a) The undersigned hereby confirm, notwithstanding any provision in the LLC Agreement to the contrary, that: (i) Marketing and Trade assigned all of its limited liability company interest in the Company as a member of the Company to DMT, (ii) contemporaneously with such assignment, DMT was admitted to the Company as a substitute member of the Company, (iii) immediately after such admission, Marketing and Trade resigned from the Company as a member of the Company and thereupon ceased to be a member of the Company, (iv) the Company was continued without dissolution following such assignment, admission and resignation, and (v) the transactions described in clauses (i) through (iv) above are hereby ratified, approved and confirmed in all respects.
(b) The undersigned hereby confirm, notwithstanding any provision in the LLC Agreement to the contrary, that: (i) DMT assigned all of its limited liability company interest in the Company as a member of the Company to Power Marketing LLC, (ii) contemporaneously with such assignment, Power Marketing LLC was admitted to the Company as a substitute member of the Company, (iii) immediately after such admission, DMT resigned from the Company as a member of the Company and thereupon ceased to be a member of the Company, (iv) the Company was continued without dissolution following such assignment, admission and resignation, and (v) the transactions described in clauses (i) through (iv) above are hereby ratified, approved and confirmed in all respects.
(c) The undersigned hereby confirm, notwithstanding any provision in the LLC Agreement to the contrary, that: (i) Power Marketing LLC assigned all of its limited liability company interest in the Company as a member of the Company to Midwest Generation, (ii) contemporaneously with such assignment, Midwest Generation was admitted to the Company as a substitute member of the Company, (iii) immediately after such admission, Power Marketing LLC resigned from the Company as a member of the Company and thereupon ceased to be a member of the Company, (iv) the Company was continued without dissolution following such assignment, admission and resignation, and (v) the transactions described in clauses (i) through (iv) above are hereby ratified, approved and confirmed in all respects.
(d) The undersigned hereby confirm, notwithstanding any provision in the LLC Agreement to the contrary, that: (i) Midwest Generation assigned all of its limited liability company interest in the Company as...
Confirmation and Ratification. In all other respects, the Option Agreement, as amended hereby, shall remain the same and be of full force and effect and applicable against the parties hereto, and the provisions thereof, as amended hereby, are hereby ratified and confirmed.
Confirmation and Ratification. Each of the undersigned hereby confirms and ratifies their respective Security Agreements, Pledge Agreements, Guarantys, and any other WorldCom Documents to which it is a party, in their respective entirety and further agrees that the liabilities and obligations evidenced by the Term Note, shall be considered as part of the Obligations, for all purposes, including, without limitation, the guaranty of such Obligations under each of the Guarantys of PT-1 and Xxxxxx, each dated as of April 12, 2000, as the same may be amended, modified of supplemented from time to time, and the security provided therefor under the respective Security Agreements and Pledge Agreements of the Debtor, PT-1 and Xxxxxx, each dated as of April 12, 2000, as the same may be amended, modified or supplemented from time to time.
Confirmation and Ratification. The Landlord and the Tenant hereby confirm and ratify the terms and conditions contained in the Lease, as partially surrendered and amended hereby. Without limiting the generality of the foregoing, the parties confirm that the Commencement Date under the Lease was December 1, 2001 and that the Tenant is not entitled to any free Rent pursuant to subsection 3.2(b) of the Lease.
Confirmation and Ratification. The Indenture, supplemented as hereinabove set forth, is in all respects ratified and confirmed, and the terms and conditions thereof, supplemented as hereinabove set forth, shall be and remain in full force and effect.
Confirmation and Ratification. (a) The Assignee and the Assignor confirm the accuracy of the recitals, and ratify and confirm the Contribution, in all respects, effective as of the Effective Date.
(b) The Assignee hereby ratifies and confirms the adoption of all of the resolutions set forth in the Unanimous Written Consent of the Board of Directors and the Sole Member of the Company, dated July 20, 2011.
