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 interests, rights and remedies granted to Bank in the Loan Documents are hereby ratified, confirmed and continued.

Appears in 4 contracts

Samples: Loan and Security Agreement (Intest Corp), Loan and Security Agreement (Intest Corp), Loan and Security Agreement (Intest Corp)

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Confirmation of Collateral. Nothing herein contained herein shall be deemed to be a compromise, satisfaction, accord and satisfaction, novation or release of any of the Loan DocumentsDocuments or the Purchase Agreement, 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 interests, rights and remedies granted to Bank to, and in favor of, Sellco in the Loan Documents and the Purchase Agreement are hereby ratifiedconfirmed, confirmed continued, and continuedreaffirmed.

Appears in 1 contract

Samples: Standstill Agreement (AgFeed Industries, Inc.)

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