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 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 the Bank in the Loan Documents are hereby ratified, confirmed and continued.

Appears in 2 contracts

Samples: Loan and Security Agreement (Uti Energy Corp), Loan and Security Agreement (Uti Energy Corp)

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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 Bank 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 the Bank Agent or Lenders in the Loan Documents are hereby ratified, confirmed and continued.

Appears in 1 contract

Samples: 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 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 the Bank in the Loan Documents (as amended) are hereby ratified, confirmed and continued.

Appears in 1 contract

Samples: Loan and Security Agreement (Uti Energy Corp)

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 Bank of any of its rights under the Loan Documents or at law or in equity. All liens, security interestinterests, rights and remedies granted to the Bank in the Loan Documents are hereby ratified, confirmed and continued.

Appears in 1 contract

Samples: Loan and Security Agreement (Uti Energy Corp)

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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 collateral securing the Loan or the other Loan Documents, or any rights or obligations thereunder, or a waiver by the Bank of any of its rights or remedies under the Loan Documents or at law or in equity. All liens, security interestinterests, rights and remedies granted to the Bank in the collateral and under the Loan Documents are hereby ratified, confirmed and continued.

Appears in 1 contract

Samples: Amendment Agreement (Donegal Group Inc)

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