Common use of Confirmation of Collateral Clause in Contracts

Confirmation of Collateral. Nothing contained herein shall be deemed to be a compromise, satisfaction, accord and satisfaction, novation or release of any of the Loan Documents, or any rights or obligations thereunder, or a waiver by Agent or any Lender of any of its rights under the Loan Documents or at law or in equity. All liens, security interest, rights and remedies granted to Agent or Lenders in Loan Documents are hereby ratified, confirmed and continued. Borrower and Guarantors acknowledge and agree that the term "Loan Documents" as used in the Loan Agreement and any other documents executed in connection therewith shall include, without limitation, this Amendment and any and all other documents executed in connection herewith.

Appears in 8 contracts

Samples: Loan and Security Agreement (Todays Man Inc), Loan and Security Agreement (Todays Man Inc), Loan and Security Agreement (Todays Man Inc)

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Confirmation of Collateral. Nothing contained herein shall be deemed to be a compromise, satisfaction, accord and satisfaction, novation or release of any of the Loan Documents, or any rights or obligations thereunder, or a waiver by Agent or any Lender of any of its rights under the Loan Documents or at law or in equity. All liens, security interest, rights and remedies granted to Agent or Lenders in Loan Documents are hereby ratified, confirmed and continued. Borrower Borrowers and Guarantors acknowledge and agree that the term "Loan Documents" as used in the Loan Agreement and any other documents executed in connection therewith shall include, without limitation, this Amendment and any and all other documents executed in connection herewith.

Appears in 3 contracts

Samples: Loan and Security Agreement (Todays Man Inc), Loan and Security Agreement (Todays Man Inc), Loan and Security Agreement (Todays Man Inc)

Confirmation of Collateral. Nothing contained herein shall be deemed to be a compromise, satisfaction, accord and satisfaction, novation or release of any of the Loan Documents, or any rights or obligations thereunder, or a waiver by Agent or any Lender Bank of any of its rights under the Loan Documents or at law or in equity. All liens, security interest, rights and remedies granted to Agent or Lenders Bank in the Loan Documents are hereby ratified, confirmed and continued. Borrower Borrowers and Guarantors acknowledge and agree that the term "Loan Documents" as used in the Loan Agreement and any other documents executed in connection therewith shall include, without limitation, this Amendment and any and all other documents executed in connection herewith.

Appears in 2 contracts

Samples: Loan and Security Agreement (Drugmax Inc), Loan and Security Agreement (Drugmax Inc)

Confirmation of Collateral. Nothing contained herein shall be -------------------------- deemed to be a compromise, satisfaction, accord and satisfaction, novation or release of any of the Loan Documents, or any rights or obligations thereunder, or a waiver by Agent or any Lender Bank of any of its rights under the Loan Documents or at law or in equity. All liens, security interest, rights and remedies granted to Agent or Lenders Bank in the Loan Documents are hereby ratified, confirmed and continued. Borrower Borrowers and Guarantors acknowledge and agree that the term "Loan Documents" as used in the Loan Agreement and any other documents executed in connection therewith shall include, without limitation, this Amendment and any and all other documents executed in connection herewith.

Appears in 1 contract

Samples: Loan and Security Agreement (Drugmax Com Inc)

Confirmation of Collateral. Nothing contained herein shall be deemed to be a compromise, satisfaction, accord and satisfaction, novation novation, release or release waiver (except the waivers and releases as provided in Sections 2, 3, 4, 8, 9, 10, 11 and 13 hereof) of any of the Loan DocumentsDocuments or Other Agreements, or any rights or obligations thereunder, or a waiver thereunder by Agent or any Lender of any of its rights under the Loan Documents or Other Agreements or at law or in equity. All Except as set forth in Section 9 above, all liens, security interestinterests, rights and remedies granted to Agent or Lenders Lender in Loan Documents and Other Agreements are hereby ratified, confirmed and continued. Borrower and Guarantors Borrowers acknowledge and agree that the term "Loan Documents" as used in the Loan Agreement and any other documents executed in connection therewith shall include, without limitation, this Amendment and any and all other documents executed in connection herewith.

Appears in 1 contract

Samples: Loan and Security Agreement (Zanett Inc)

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Confirmation of Collateral. Nothing contained herein shall be deemed to be a compromise, satisfaction, accord and satisfaction, novation novation, release or release waiver of any of the Loan DocumentsDocuments or Other Agreements, or any rights or obligations thereunder, or a waiver thereunder by Agent or any Lender of any of its rights under the Loan Documents or Other Agreements or at law or in equity. All liens, security interestinterests, rights and remedies granted to Agent or Lenders Lender in Loan Documents and Other Agreements are hereby ratified, confirmed and continued. Borrower and Guarantors Borrowers acknowledge and agree that the term "Loan Documents" as used in the Loan Agreement and any other documents executed in connection therewith shall include, without limitation, this Amendment and any and all other documents executed in connection herewith.

Appears in 1 contract

Samples: Loan and Security Agreement (Zanett Inc)

Confirmation of Collateral. Nothing contained herein shall be deemed to be a compromise, satisfaction, accord and satisfaction, novation or release of any of the Loan Documents, or any rights or obligations thereunder, or a waiver by Agent or any Lender of any of its rights under the Loan Documents or at law or in equity. All liens, security interestinterests, rights and remedies granted to Agent or Lenders Lender in Loan Documents are hereby ratified, confirmed and continued. Borrower and Guarantors Borrowers acknowledge and agree that the term "Loan Documents" as used in the Loan Agreement and any other documents executed in connection therewith shall include, without limitation, this Amendment and any and all other documents executed in connection herewith.

Appears in 1 contract

Samples: Loan and Security Agreement (Zanett Inc)

Confirmation of Collateral. Nothing contained herein shall be deemed to be a compromise, satisfaction, accord and satisfaction, novation or release of any of the Loan Documents, or any rights or obligations thereunder, or a waiver by Agent or any Lender of any of its rights under the Loan Documents or at law or in equity. All liens, security interestinterests, rights and remedies granted to Agent or Lenders Lender in Loan Documents are hereby ratified, confirmed and continued. Borrower and Guarantors Borrowers acknowledge and agree that the term "Loan Documents" as used in the Loan Agreement and any other documents executed in connection therewith shall include, without limitation, this Amendment and any and all other documents executed in connection herewith.

Appears in 1 contract

Samples: Loan and Security Agreement (Zanett Inc)

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