Common use of Confirmation and Undertaking Clause in Contracts

Confirmation and Undertaking. 5.1 In consideration of the agreements of the Lender contained in this Fourth Supplemental Agreement, each of the Security Parties confirms that all of its respective obligations under or pursuant to each of the Security Documents to which it is a party remain in full force and effect (other than, after the Effective Date, in respect of the Original Security Documents), despite the amendments to the Loan Agreement and the Security Documents made in or pursuant to this Fourth Supplemental Agreement, as if all references in any of the Security Documents to the Loan Agreement and the Security Documents (however described) were references to the Loan Agreement and the Security Documents as amended and supplemented by this Fourth Supplemental Agreement.

Appears in 1 contract

Samples: Fourth Supplemental Agreement (Poseidon Containers Holdings Corp.)

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Confirmation and Undertaking. 5.1 In consideration of the agreements of the Lender contained in this Fourth Fifth Supplemental Agreement, each of the Security Parties confirms that all of its respective obligations under or pursuant to each of the Security Documents to which it is a party remain in full force and effect (other than, after the Effective Date, in respect of the Original Security Documents), despite the amendments to the Loan Agreement and the Security Documents made in or pursuant to this Fourth Fifth Supplemental Agreement, as if all references in any of the Security Documents to the Loan Agreement and the Security Documents (however described) were references to the Loan Agreement and the Security Documents as amended and supplemented by this Fourth Fifth Supplemental Agreement.

Appears in 1 contract

Samples: Fifth Supplemental Agreement (Poseidon Containers Holdings Corp.)

Confirmation and Undertaking. 5.1 6.1 In consideration of the agreements of the Lender contained in this Fourth Sixth Supplemental Agreement, each of the Security Parties Borrower confirms that all of its respective obligations under or pursuant to each of the Security Documents to which it is a party remain in full force and effect (other than, after the Transfer Effective Date, in respect of the Original Security Documents), despite the amendments to the Loan Agreement and the Security Documents made in or pursuant to this Fourth Sixth Supplemental Agreement, as if all references in any of the Security Documents to the Loan Agreement and the Security Documents (however described) were references to the Loan Agreement and the Security Documents as amended and supplemented by this Fourth Sixth Supplemental Agreement.

Appears in 1 contract

Samples: Supplemental Agreement (Poseidon Containers Holdings Corp.)

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Confirmation and Undertaking. 5.1 In consideration of the agreements of the Lender contained in this Fourth Third Supplemental Agreement, each of the Security Parties confirms that all of its respective obligations under or pursuant to each of the Security Documents to which it is a party remain in full force and effect (other than, after the Effective Date, in respect of the Original Security Documents), despite the amendments to the Loan Agreement and the Security Documents made in or pursuant to this Fourth Third Supplemental Agreement, as if all references in any of the Security Documents to the Loan Agreement and the Security Documents (however described) were references to the Loan Agreement and the Security Documents as amended and supplemented by this Fourth Third Supplemental Agreement.

Appears in 1 contract

Samples: Third Supplemental Agreement (Poseidon Containers Holdings Corp.)

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