Confirmation of Guarantees and Security Interests. By signing this Agreement, each Loan Party hereby confirms that (a) the obligations of the Loan Parties under the Credit Agreement as modified or supplemented hereby (including with respect to the Incremental Term Loans contemplated by this Agreement) and the other Loan Documents (i) are entitled to the benefits of the guarantees and the security interests set forth or created in the Credit Agreement, the Loan Guaranty, the Security Agreements and the other Loan Documents, (ii) constitute “Obligations” and “Secured Obligations” as such terms are defined in the Credit Agreement, subject to the qualifications and exceptions described therein, (iii) notwithstanding the effectiveness of the terms hereof, the Loan Documents are, and shall continue to be, in full force and effect and are hereby ratified and confirmed in all respects and (b) each Incremental Term Loan Lender shall be a “Secured Party” and a “Lender” (including without limitation for purposes of the definition of “Required Lenders” contained in Section 1.01 of the Credit Agreement) for all purposes of the Credit Agreement and the other Loan Documents. Each Loan Party ratifies and confirms that all Liens granted, conveyed, or assigned to the Agent by such Person pursuant to any Loan Document to which it is a party remain in full force and effect, are not released or reduced, and continue to secure full payment and performance of the Secured Obligations as increased hereby, as contemplated by this Agreement.
Appears in 4 contracts
Samples: Incremental Amendment to Credit Agreement (Knowlton Development Corp Inc), Incremental Amendment to Credit Agreement (Knowlton Development Corp Inc), Incremental Amendment to Credit Agreement (Knowlton Development Parent, Inc.)
Confirmation of Guarantees and Security Interests. By signing this Agreement, each Loan Credit Party hereby confirms that (a) the obligations of the Loan Credit Parties under the Credit Agreement as modified or supplemented hereby (including with respect to the Incremental Refinancing Term Loans contemplated by this Agreement) and the other Loan Documents (i) are entitled to the benefits of the guarantees and the security interests set forth or created in the Credit Agreement, the Loan Guaranty, the Security Agreements Collateral Documents and the other Loan Documents, (ii) constitute “Obligations” and “Secured Obligations” as such terms are term is defined in the Credit Agreement, subject to the qualifications and exceptions described therein, (iii) notwithstanding the effectiveness of the terms hereof, the Collateral Documents and the other Loan Documents Documents, are, and shall continue to be, in full force and effect and are hereby ratified and confirmed in all respects and (b) each Incremental Refinancing Term Loan Lender shall be a “Secured Party” and a “Lender” (including without limitation for purposes of the definition of “Required Requisite Lenders” contained in Section 1.01 1.1 of the Credit Agreement) for all purposes of the Credit Agreement and the other Loan Documents. Each Loan Credit Party ratifies and confirms that all Liens granted, conveyed, or assigned to the Agent by such Person pursuant to any Loan Document to which it is a party remain in full force and effect, are not released or reduced, and continue to secure full payment and performance of the Secured Obligations as increased hereby, as contemplated by this subject to Section 6.10(e) of the Credit Agreement.
Appears in 3 contracts
Samples: Refinancing Amendment (XPO Logistics, Inc.), Refinancing Amendment (XPO Logistics, Inc.), Refinancing Amendment (XPO Logistics, Inc.)
Confirmation of Guarantees and Security Interests. By signing this AgreementAmendment, each Loan Party Borrower hereby confirms on behalf of itself and its Subsidiaries that are Loan Parties that (a) the obligations of the Loan Parties under the Credit Agreement as modified or supplemented hereby (including with respect to the Incremental Term Loans contemplated by this Agreement) and the other Loan Documents (i) are entitled to the benefits of the guarantees and the security interests set forth or created in the Credit Guarantee Agreement, the Loan Guaranty, relevant Security Documents delivered prior to the Security Agreements date hereof and the other Loan Documents, and (ii) constitute “Obligations” and “Secured Obligations” as such terms are defined in Obligations for purposes of the Credit Agreement, subject the Guaranty Agreements and the Security Agreement and all other relevant Security Documents delivered prior to the qualifications date hereof and exceptions described therein, (iiib) notwithstanding the effectiveness of the terms hereof, the Guaranty Agreements, the relevant Security Documents delivered prior to the date hereof and the other Loan Documents are, and shall continue to be, in full force and effect and are hereby ratified and confirmed in all respects and (b) each Incremental Term Loan Lender shall be a “Secured Party” and a “Lender” (including without limitation for purposes of the definition of “Required Lenders” contained in Section 1.01 of the Credit Agreement) for all purposes of the Credit Agreement and the other Loan Documentsrespects. Each Loan Party Borrower ratifies and confirms on behalf of itself and its Subsidiaries that are Loan Parties that all Liens granted, conveyed, or assigned to the Administrative Agent by such Person pursuant to any each relevant Loan Document delivered prior to the date hereof to which it is a party remain in full force and effect, are not released or reduced, and continue to secure full payment and performance of the Secured Obligations Obligations, as may be increased hereby, as contemplated by this Agreement.
Appears in 3 contracts
Samples: Credit Agreement (Darling Ingredients Inc.), Credit Agreement (Darling Ingredients Inc.), Credit Agreement (Darling Ingredients Inc.)
Confirmation of Guarantees and Security Interests. By signing this Agreement, Amendment each Loan Party of Borrower and Guarantor hereby confirms that (a) the obligations of the Loan Parties Borrower and Guarantor under the Credit Margin Loan Agreement as modified or supplemented hereby (including with respect to the Incremental Term Loans contemplated by this Agreement) and the other Margin Loan Documents (i) are entitled to the benefits of the guarantees and the security interests set forth or created in the Credit Guarantee Agreement, the Loan Guaranty, the Security Agreements Agreement and the other Margin Loan Documents, (ii) constitute “Obligations” and ”, “Secured Obligations” as such terms are defined in and “Guaranteed Obligations” or other similar term for purposes of the Credit Margin Loan Agreement, subject to the qualifications Security Agreement and exceptions described thereinall other Margin Loan Documents, (iii) notwithstanding the effectiveness of the terms hereof, the Guarantee Agreement, the Security Agreement and the other Margin Loan Documents are, and shall continue to be, in full force and effect and are hereby ratified and confirmed in all respects and (b) each Incremental Term Loan Lender shall be a “Secured Party” and a “Lender” (including without limitation for purposes of giving effect to the definition of “Required Lenders” contained in Section 1.01 of the Credit Agreement) for all purposes of the Credit Agreement and the other Loan Documentsamendments set forth herein). Each Loan Party Obligor ratifies and confirms that all Liens granted, conveyed, or assigned to the Collateral Agent by such Person pursuant to any Margin Loan Document to which it is a party remain in full force and effect, are not released or reduced, and continue to secure full payment and performance of the Secured Obligations as increased modified hereby, as contemplated by this Agreement.
Appears in 3 contracts
Samples: Margin Loan Agreement (Teekay Corp), Margin Loan Agreement (Teekay Corp), Margin Loan Agreement (Teekay Corp)
Confirmation of Guarantees and Security Interests. By signing this Agreement, each Loan Party hereby confirms that (ai) the obligations of the Loan Credit Parties under the Credit Agreement as modified or supplemented hereby (including with respect to the Incremental Term Tranche B-1 Loans contemplated by this Agreement) and the other Loan Documents (ix) are entitled to the benefits of the guarantees and the security interests set forth or created in the Credit Agreement, the Loan Guaranty, the Security Agreements Collateral Documents and the other Loan Documents, (iiy) constitute “Obligations” and “Secured Obligations” as such terms are defined in (A) Obligations for purposes of the Credit Agreement, subject to the qualifications Guaranty, the Security Agreement and exceptions described thereinall other Collateral Documents and (B) First Priority Obligations for purposes of the Intercreditor Agreement, (iiiii) notwithstanding the effectiveness of the terms hereof, the Guaranty, the Collateral Documents and the other Loan Documents are, and shall continue to be, in full force and effect and are hereby ratified and confirmed in all respects and (biii) each Incremental Term Loan Tranche B-1 Lender shall be a “Secured Party” and a “Lender” (including without limitation for purposes of the definition definitions of “Cash Management Bank”, “Hedge Bank” and “Required Lenders” contained in Section 1.01 of the Credit Agreement) for all purposes of the Credit Agreement and the other Loan Documents. Each Loan Party ratifies and confirms that all Liens granted, conveyed, or assigned to the Collateral Agent by such Person pursuant to any each Loan Document to which it is a party remain in full force and effect, are not released or reduced, and continue to secure full payment and performance of the Secured Obligations as increased hereby, as contemplated by this Agreement.
Appears in 2 contracts
Samples: First Incremental Amendment and Joinder Agreement (Moneygram International Inc), First Incremental Amendment and Joinder Agreement (Moneygram International Inc)
Confirmation of Guarantees and Security Interests. By signing this Agreement, each Loan Party hereby confirms that (a) the obligations of the Loan Parties under the Credit Agreement as modified or supplemented hereby (including with respect to the Incremental New Term Loans Loans) contemplated by this Agreement) and the other Loan Documents (i) are entitled to the benefits of the guarantees and the security interests set forth or created in the Credit Agreement, the Loan Guaranty, the Security Agreements and the other Loan Documents, (ii) constitute “Obligations” and “Secured Obligations” as such terms are defined in the Credit Agreement, subject to the qualifications and exceptions described therein, (iii) notwithstanding the effectiveness of the terms hereof, the Loan Documents are, and shall continue to be, in full force and effect and are hereby ratified and confirmed in all respects and (b) each Incremental New Term Loan Lender shall be a “Secured Party” and a “Lender” (including without limitation for purposes of the definition of “Required Lenders” contained in Section 1.01 of the Credit Agreement) for all purposes of the Amended Credit Agreement and the other Loan Documents. Each Loan Party ratifies and confirms that all Liens granted, conveyed, or assigned to the Agent by such Person pursuant to any Loan Document to which it is a party remain in full force and effect, are not released or reduced, and continue to secure full payment and performance of the Secured Obligations as increased hereby, as contemplated by this Agreement.
Appears in 2 contracts
Samples: Credit Agreement (Knowlton Development Corp Inc), Refinancing Amendment (Knowlton Development Parent, Inc.)
Confirmation of Guarantees and Security Interests. By signing this Agreement, each Loan Party hereby confirms that (ai) the obligations of the Loan Parties under the Credit Agreement as modified or supplemented hereby (including with respect to the Incremental Term Tranche B-1 Loans and New Revolving Commitments contemplated by this Agreement) and the other Loan Documents (ix) are entitled to the benefits of the guarantees and the security interests set forth or created in the Credit Agreement, the Loan Guaranty, the Security Agreements Collateral Documents and the other Loan Documents, (iiy) constitute “Obligations” and “Secured Obligations” as such terms are defined in Obligations for purposes of the Credit Agreement, subject to the qualifications Guaranty and exceptions described thereinall other Collateral Documents, (iiiii) notwithstanding the effectiveness of the terms hereof, the Guaranty, the Collateral Documents and the other Loan Documents are, and shall continue to be, in full force and effect and are hereby ratified and confirmed in all respects and (biii) each Incremental Term Loan Tranche B-1 Lender and each New Revolving Lender shall be a “Secured Party” and a “Lender” (including including, in each case, without limitation for purposes of the definition definitions of “Cash Management Bank”, “Hedge Bank” and “Required Lenders” contained in Section 1.01 of the Credit Agreement) for all purposes of the Credit Agreement and the other Loan Documents. Each Loan Party ratifies and confirms that all Liens granted, conveyed, or assigned to the Collateral Agent by such Person pursuant to any each Loan Document to which it is a party remain in full force and effect, are not released or reduced, and continue to secure full payment and performance of the Secured Obligations as increased hereby, as contemplated by this Agreement.
Appears in 2 contracts
Samples: Incremental Amendment and Joinder Agreement (Moneygram International Inc), Incremental Amendment and Joinder Agreement
Confirmation of Guarantees and Security Interests. By signing this Agreement, Amendment each Loan Party of Borrower and Guarantor hereby confirms that (a) the obligations of the Loan Parties Borrower and Guarantor under the Credit Margin Loan Agreement as modified or supplemented hereby (including with respect to the Incremental Term Loans contemplated by this Agreement) and the other Margin Loan Documents (i) are entitled to the benefits of the guarantees and the security interests set forth or created in the Credit Guarantee Agreement, the Loan Guaranty, the Security Agreements Agreement and the other Margin Loan Documents, (ii) constitute “Obligations” and ”, “Secured Obligations” as such terms are defined in and “Guaranteed Obligations” or other similar term for purposes of the Credit Margin Loan Agreement, subject to the qualifications Security Agreement and exceptions described thereinall other Margin Loan Documents, and (iii) notwithstanding the effectiveness of the terms hereof, the Guarantee Agreement, the Security Agreement and the other Margin Loan Documents are, and shall continue to be, in full force and effect and are hereby ratified and confirmed in all respects and (b) each Incremental Term Loan Lender shall be a “Secured Party” and a “Lender” (including without limitation for purposes of giving effect to the definition of “Required Lenders” contained in Section 1.01 of the Credit Agreement) for all purposes of the Credit Agreement and the other Loan Documentsamendments set forth herein). Each Loan Party Obligor ratifies and confirms that all Liens granted, conveyed, or assigned to the Collateral Agent by such Person pursuant to any Margin Loan Document to which it is a party remain in full force and effect, are not released or reduced, and continue to secure full payment and performance of the Secured Obligations as increased modified hereby, as contemplated by this Agreement.
Appears in 2 contracts
Samples: Margin Loan Agreement (Teekay Corp), Margin Loan Agreement (Teekay Corp)
Confirmation of Guarantees and Security Interests. By signing this Agreement, each Loan Credit Party hereby confirms that (a) the obligations of the Loan Credit Parties under the Credit Agreement as modified or supplemented hereby (including with respect to the Tranche B Incremental Term Loans contemplated by this Agreement) and the other Loan Credit Documents (i) are entitled to the benefits of the guarantees and the security interests set forth or created in the Credit Agreement, the Loan Subsidiaries Guaranty, the Security Agreements Documents and the other Loan Credit Documents, (ii) constitute “Obligations” and ”, “Secured Obligations” as such terms are defined in and “Guaranteed Obligations” or other similar term for purposes of the Credit Agreement, subject to the qualifications Security Agreement and exceptions described thereinall other Credit Documents, (iii) notwithstanding the effectiveness of the terms hereof, the Loan Subsidiaries Guaranty, the Security Documents and the other Credit Documents are, and shall continue to be, in full force and effect and are hereby ratified and confirmed in all respects and (b) each Incremental Term Loan Additional Lender shall be a “Secured Party”, a “Secured Creditor” and a “Lender” (including without limitation for purposes of the definition of “Required Lenders” contained in Section 1.01 of the Credit Agreement) for all purposes of the Credit Agreement and the other Loan Credit Documents. Each Loan Credit Party ratifies and confirms that all Liens granted, conveyed, or assigned to the any Agent by such Person pursuant to any Loan Credit Document to which it is a party remain in full force and effect, are not released or reduced, and continue to secure full payment and performance of the Secured Obligations as increased hereby, as contemplated by this Agreement.
Appears in 2 contracts
Samples: Incremental Amendment and Joinder Agreement (Walter Investment Management Corp), Incremental Amendment and Joinder Agreement (Walter Investment Management Corp)
Confirmation of Guarantees and Security Interests. By signing this Agreement, each Loan Party hereby confirms that (a) the obligations of the Loan Parties under the Credit Agreement as modified or supplemented hereby (including with respect to the Incremental Term Loans and Incremental Revolving Commitments) contemplated by this Agreement) and the other Loan Documents (i) are entitled to the benefits of the guarantees and the security interests set forth or created in the Credit Agreement, the Loan Guaranty, the Security Agreements and the other Loan Documents, (ii) constitute “Obligations” and “Secured Obligations” as such terms are defined in the Credit Agreement, subject to the qualifications and exceptions described therein, (iii) notwithstanding the effectiveness of the terms hereof, the Loan Documents are, and shall continue to be, in full force and effect and are hereby ratified and confirmed in all respects and (b) each Incremental Term Loan Lender and each Incremental Revolving Lender shall be a “Secured Party” and a “Lender” (including without limitation for purposes of the definition of “Required Lenders” contained in Section 1.01 of the Credit Agreement) for all purposes of the Credit Agreement and the other Loan Documents. Each Loan Party ratifies and confirms that all Liens granted, conveyed, or assigned to the Agent by such Person pursuant to any Loan Document to which it is a party remain in full force and effect, are not released or reduced, and continue to secure full payment and performance of the Secured Obligations as increased hereby, as contemplated by this Agreement.
Appears in 2 contracts
Samples: Incremental Amendment to Credit Agreement (Knowlton Development Corp Inc), Incremental Amendment to Credit Agreement (Knowlton Development Parent, Inc.)
Confirmation of Guarantees and Security Interests. By signing this Agreement, Amendment each Loan Party of Borrower and Guarantor hereby confirms that (a) the obligations of the Loan Parties Borrower and Guarantor under the Credit Margin Loan Agreement as modified or supplemented hereby (including with respect to the Incremental Term Loans contemplated by this Agreement) and the other Margin Loan Documents (i) are entitled to the benefits of the guarantees and the security interests set forth or created in the Credit Guarantee Agreement, the Loan Guaranty, the Security Agreements Agreement and the other Margin Loan Documents, (iii) constitute “Obligations” and ”, “Secured Obligations” as such terms are defined in and “Guaranteed Obligations” or other similar term for purposes of the Credit Margin Loan Agreement, subject to the qualifications Security Agreement and exceptions described thereinall other Margin Loan Documents, and (iiii) notwithstanding the effectiveness of the terms hereof, the Guarantee Agreement, the Security Agreement and the other Margin Loan Documents are, and shall continue to be, in full force and effect and are hereby ratified and confirmed in all respects and (b) each Incremental Term Loan Lender shall be a “Secured Party” and a “Lender” (including without limitation for purposes of giving effect to the definition of “Required Lenders” contained in Section 1.01 of the Credit Agreement) for all purposes of the Credit Agreement and the other Loan Documentsamendments set forth herein). Each Loan Party Obligor ratifies and confirms that all Liens granted, conveyed, or assigned to the Collateral Agent by such Person pursuant to any Margin Loan Document to which it is a party remain in full force and effect, are not released or reduced, and continue to secure full payment and performance of the Secured Obligations as increased modified hereby, as contemplated by this Agreement.
Appears in 1 contract
Samples: Margin Loan Agreement (Teekay Corp)
Confirmation of Guarantees and Security Interests. By signing this Agreement, each Loan Party hereby confirms that (a) the obligations of the Loan Parties under the Credit Agreement as modified or supplemented hereby (including with respect to the 2021 Incremental Term Loans contemplated by this AgreementA Loans) and the other Loan Documents (i) are entitled to the benefits of the guarantees and the security interests set forth or created in the Credit Agreement, the Loan Guaranty, the Security Agreements Collateral Documents and the other Loan Documents, (iii) constitute “Obligations” and “Secured Obligations” as such terms are term is defined in the Credit Agreement, subject to the qualifications and exceptions described therein, (iiii) notwithstanding the effectiveness of the terms hereof, the Collateral Documents and the other Loan Documents Documents, are, and shall continue to be, in full force and effect and are hereby ratified and confirmed in all respects and (ba) each 2021 Incremental Term Loan A Lender shall be a “Secured Party” and a “Lender” (including without limitation for purposes of the definition of “Required Lenders” contained in Section 1.01 of the Credit Agreement) for all purposes of the Credit Agreement and the other Loan Documents. Each Loan Party ratifies and confirms that all Liens granted, conveyed, or assigned to the Agent by such Person pursuant to any Loan Document to which it is a party remain in full force and effect, are not released or reduced, and continue to secure full payment and performance of the Secured Obligations as increased hereby, as contemplated by this Agreement.
Appears in 1 contract
Confirmation of Guarantees and Security Interests. By signing this Agreement, each Loan Credit Party hereby confirms that (a) the obligations of the Loan Credit Parties under the Credit Agreement as modified or supplemented hereby (including with respect to the Tranche C Incremental Term Loans contemplated by this Agreement) and the other Loan Credit Documents (i) are entitled to the benefits of the guarantees and the security interests set forth or created in the Credit Agreement, the Loan Subsidiaries Guaranty, the Security Agreements Documents and the other Loan Credit Documents, (ii) constitute “Obligations” and ”, “Secured Obligations” as such terms are defined in and “Guaranteed Obligations” or other similar term for purposes of the Credit Agreement, subject to the qualifications Security Agreement and exceptions described thereinall other Credit Documents, (iii) notwithstanding the effectiveness of the terms hereof, the Loan Subsidiaries Guaranty, the Security Documents and the other Credit Documents are, and shall continue to be, in full force and effect and are hereby ratified and confirmed in all respects and (b) each Incremental Term Loan Additional Lender shall be a “Secured Party”, a “Secured Creditor” and a “Lender” (including without limitation for purposes of the definition of “Required Lenders” contained in Section 1.01 of the Credit Agreement) for all purposes of the Credit Agreement and the other Loan Credit Documents. Each Loan Credit Party ratifies and confirms that all Liens granted, conveyed, or assigned to the any Agent by such Person pursuant to any Loan Credit Document to which it is a party remain in full force and effect, are not released or reduced, and continue to secure full payment and performance of the Secured Obligations as increased hereby, as contemplated by this Agreement.
Appears in 1 contract
Samples: Incremental Amendment and Joinder Agreement (Walter Investment Management Corp)
Confirmation of Guarantees and Security Interests. By signing this AgreementAmendment, each Loan Party hereby confirms that (a) the obligations of the Loan Parties under the Credit Agreement as modified or supplemented hereby (including with respect to the Incremental Term Loans contemplated by this Agreement) and the other Loan Documents (i) are entitled to the benefits of the guarantees and the security interests set forth or created in the Credit Agreement, the Loan GuarantyGuarantee, the Security Agreements Documents and the other Loan Documents, (ii) constitute “Obligations” and ”, “Secured Guarantor Obligations” as such terms are defined in or other similar term for purposes of the Credit Agreement, subject to the qualifications Guarantee, the Security Documents and exceptions described thereinthe other Loan Documents, (iii) notwithstanding the effectiveness of the terms hereof, the Guarantee, the Security Documents and the other Loan Documents Documents, are, and shall continue to be, in full force and effect and are hereby ratified and confirmed in all respects and (b) each Incremental Amendment No. 6 Refinancing Term Loan Lender that is not an Existing Lender shall be a “Secured Party” and a “Lender” (including without limitation for purposes of the definition of “Required Lenders” contained in Section 1.01 1.1 of the Credit Agreement) for all purposes of the Credit Agreement and the other Loan Documents. Each Loan Party ratifies and confirms that all Liens granted, conveyed, or assigned to the Collateral Agent by such Person pursuant to any Loan Document to which it is a party remain in full force and effect, are not released or reduced, and continue to secure full payment and performance of the Secured Obligations as increased hereby, as contemplated by this Agreement.
Appears in 1 contract
Samples: Credit Agreement (Clarivate PLC)
Confirmation of Guarantees and Security Interests. By signing this AgreementAmendment, each Loan Party hereby confirms that (a) its obligations under the Guaranty, the Security Agreement and the other Collateral Documents are hereby reaffirmed, ratified and confirmed in all respects and shall continue to be, in full force and effect in all respects, (b) the obligations of the Loan Parties under the Amended Credit Agreement as modified or supplemented hereby (including with respect to the Incremental 2018 First Lien Term Loans and the 2022 Revolving Credit Commitments contemplated by this AgreementAmendment) and the other Loan Documents (i) are entitled to the benefits of the guarantees and the security interests set forth or created in the Credit Agreement, the Loan Guaranty, the Security Agreements and Agreement, the other Collateral Documents or the other Loan Documents, as applicable (which shall continue to secure the Secured Obligations), and (ii) constitute “Secured Obligations,” “Guaranteed First Lien Obligations” and “Secured Obligations” as such terms are defined in or other similar term for purposes of the Amended Credit Agreement, subject to the qualifications and exceptions described therein, (iii) notwithstanding the effectiveness of the terms hereofGuaranty, the Security Agreement, the other Collateral Documents or the other Loan Documents areDocuments, as applicable, and shall continue to be, in full force and effect and are hereby ratified and confirmed in all respects and (bc) each Incremental 2018 First Lien Term Loan Lender shall be (and each 2022 Revolving Credit Lender party to this Amendment shall continue to be) a “Secured Party” and a “Lender” (including without limitation for purposes of the definition of “Required Lenders” contained in Section 1.01 of the Amended Credit Agreement) for all purposes of the Amended Credit Agreement and the other Loan Documents. Each Loan Party ratifies and confirms that all Liens granted, conveyed, or assigned to the Administrative Agent by such Person pursuant to any Loan Document to which it is a party remain in full force f orce and effect, are not released or reduced, and continue to secure full payment and performance of the Secured Obligations as increased hereby, as contemplated by this Agreement.
Appears in 1 contract
Samples: First Lien Credit Agreement (Evoqua Water Technologies Corp.)
Confirmation of Guarantees and Security Interests. By signing this Agreement, each Loan Party of the Borrower and the Guarantor hereby confirms that (a) the obligations of the Loan Parties under the Credit Agreement as modified or supplemented hereby (including with respect to the 2022-2 Incremental Term Loans Revolving Commitments contemplated by this Agreement) and the other Loan Documents (i) are entitled to the benefits of the guarantees and the security interests set forth or created in the Credit Agreement, the Loan Guaranty, the Security Agreements Collateral Documents and the other Loan Documents, (ii) constitute “Obligations” and “Secured Obligations” as such terms are term is defined in the Credit Agreement, subject to the qualifications and exceptions described therein, (iii) notwithstanding the effectiveness of the terms hereof, the Collateral Documents and the other Loan Documents Documents, are, and shall continue to be, in full force and effect and are hereby ratified and confirmed in all respects and (b) each 2022-2 Incremental Term Loan Revolving Lender shall be a “Secured Party” and a “Lender” (including without limitation for purposes of the definition of “Required Lenders” contained in Section 1.01 of the Credit Agreement) for all purposes of the Credit Agreement and the other Loan Documents. Each Loan Party ratifies and confirms that all Liens granted, conveyed, or assigned to the Administrative Agent by such Person pursuant to any Loan Document to which it is a party remain in full force and effect, are not released or reduced, and continue to secure full payment and performance of the Secured Obligations as increased hereby, as contemplated by this subject to Section 6.10(a) of the Credit Agreement.
Appears in 1 contract
Samples: Credit Agreement (Insulet Corp)
Confirmation of Guarantees and Security Interests. By signing this AgreementFirst Incremental Amendment, each Loan Party party hereto hereby confirms that (a) the obligations of the Loan Parties under the Credit Agreement as modified or supplemented hereby (including with respect to the Incremental Term Loans A and the Incremental Term Loans B contemplated by this AgreementFirst Incremental Amendment) and the other Loan Documents (i) are entitled to the benefits of the guarantees and the security interests set forth or created in the Credit Agreement, the Loan Company Guaranty, the Security Agreements Domestic Borrowers’ Guaranty, the Subsidiary Guaranty, the Domestic Collateral Documents and the other Loan Documents, (ii) constitute “Obligations”, “U.S. Obligations” and “Secured Guaranteed Obligations” as such terms are defined in or other similar term for purposes of the Credit Agreement, subject to the qualifications Domestic Collateral Documents and exceptions described thereinall other Loan Documents, (iii) notwithstanding the effectiveness of the terms hereof, the Company Guaranty, the Domestic Borrowers’ Guaranty, the Subsidiary Guaranty, the Domestic Collateral Documents and the other Loan Documents are, and shall continue to be, in full force and effect and are hereby ratified and confirmed in all respects and (b) each Incremental Term Loan Lender shall be a “Secured Party” and a “Lender” (including without limitation for purposes of the definition of “Required Requisite Lenders” contained in Section 1.01 1.1 of the Credit Agreement) for all purposes of the Credit Agreement and the other Loan Documents. Each Loan Party party hereto ratifies and confirms that all Liens granted, conveyed, or assigned to the Administrative Agent by such Person pursuant to any Loan Document to which it is a party remain in full force and effect, are not released or reduced, and continue to secure full payment and performance of the Secured Obligations as increased hereby, as contemplated by this Agreement.
Appears in 1 contract
Confirmation of Guarantees and Security Interests. By signing this AgreementAmendment, each Loan Party Borrower hereby confirms that (a) the obligations of the Loan Parties such Borrower under the Credit Agreement as modified or supplemented hereby (including with respect to the Incremental Term Loans contemplated by this Agreement) and the other Loan Documents (i) are entitled to the benefits of the guarantees and the security interests set forth or created in the Credit Agreementrelevant Guaranty Agreements, the Loan Guaranty, relevant Security Documents delivered prior to the Security Agreements date hereof and the other Loan Documents, and (ii) constitute “Obligations” and “Secured Obligations” as such terms are defined in Obligations for purposes of the Credit Agreement, subject the relevant Guaranty Agreements and all other relevant Security Documents delivered prior to the qualifications date hereof (as amended, restated, amended and exceptions described thereinrestated, (iii) notwithstanding supplemented or otherwise modified in connection with this Amendment and as the effectiveness of the terms hereof, the Loan Documents are, and shall continue to besame may be released, in full force and effect and are each case as expressly set forth in Annex VI hereto). The Canadian Borrower party hereto hereby ratified and confirmed in all respects and (b) each Incremental Term Loan Lender shall be a “Secured Party” and a “Lender” (including without limitation for purposes of the definition of “Required Lenders” contained in Section 1.01 of the Credit Agreement) for all purposes of the Credit Agreement and the other Loan Documents. Each Loan Party ratifies and confirms that all Liens granted, conveyed, or assigned to the Administrative Agent by such Person pursuant to any each relevant Loan Document delivered prior to the date hereof to which it is a party remain in full force and effect, are not released or reduced, and continue to secure full payment and performance of the Secured Obligations as increased herebyObligations, as may be extended, increased or otherwise modified hereby. It is the intention of each Borrower and the Administrative Agent, and each Borrower and the Administrative Agent acknowledge and agree, that this Amendment to the Credit Agreement and any modifications or amendments to the other Loan Documents contemplated by this Agreementhereby shall not constitute a novation of any rights or obligations of any party under the Credit Agreement and/or the other Loan Documents for the purpose of any applicable law.
Appears in 1 contract
Confirmation of Guarantees and Security Interests. By signing this AgreementAmendment, each Loan Party hereby confirms that (ax) the obligations of the Loan Parties under the Credit Agreement as modified or supplemented hereby (including with respect to the Incremental Term Loans contemplated by this Agreement) and the other Loan Documents (i) are entitled to the benefits of the guarantees and the security interests set forth or created in the Credit Guaranty Agreement, the Loan GuarantySecurity Agreement, the Security Pledge Agreement, Foreign Pledge Agreements and other Collateral Documents and the other Loan Documents, and (ii) constitute “Obligations” and “Secured Obligations” as or such terms are defined in other similar term for purposes of the Credit Agreement, subject to the qualifications Guaranty Agreement, Security Agreement, Pledge Agreement, Foreign Pledge Agreements, all other Collateral Documents and exceptions described thereinall other Loan Documents, and (iiiy) notwithstanding the effectiveness of the terms hereof, the Guaranty Agreement, Security Agreement, Pledge Agreement, Foreign Pledge Agreements, the other Collateral Documents and the other Loan Documents are, and shall continue to be, in full force and effect and are hereby ratified and confirmed in all respects and (b) each Incremental Term Loan Lender shall be a “Secured Party” and a “Lender” (including without limitation for purposes of the definition of “Required Lenders” contained in Section 1.01 of the Credit Agreement) for all purposes of the Credit Agreement and the other Loan Documentsrespects. Each Loan Party ratifies and confirms that all Liens granted, conveyed, or assigned to the Administrative Agent by such Person pursuant to any Loan Document to which it is a party remain in full force and effect, are not released or reduced, and continue to secure full payment and performance of the Secured Obligations as increased herebyObligations. Each Loan Party further ratifies and confirms that the priority of security and other terms of the Intercreditor Agreement remain in full force and effect, as contemplated are not affected by this Amendment and continue to govern, among other things, the priority of the Collateral as between the Lenders party to the Credit Agreement and the lenders party to the ABL Credit Agreement.
Appears in 1 contract
Samples: Credit Agreement (Ciena Corp)
Confirmation of Guarantees and Security Interests. By signing this AgreementAmendment, each Loan Party hereby confirms that (a) the obligations of the Loan Parties under the Credit Agreement as modified or supplemented hereby (including with respect to the Incremental Term Loans 2021 Revolving Commitment Increase contemplated by this AgreementAmendment) and the other Loan Documents (i) are entitled to the benefits of the guarantees and the security interests set forth or created in the Credit Agreement, the Loan GuarantyGuarantee, the Security Agreements Documents and the other Loan Documents, (ii) constitute “Obligations” and ”, “Secured Guarantor Obligations” as such terms are defined in or other similar term for purposes of the Credit Agreement, subject to the qualifications Guarantee, the Security Documents and exceptions described thereinthe other Loan Documents, (iii) notwithstanding the effectiveness of the terms hereof, the Guarantee, the Security Documents and the other Loan Documents Documents, are, and shall continue to be, in full force and effect and are hereby ratified and confirmed in all respects and (b) each Incremental Term Loan 2021 Revolving Lender shall be a “Secured Party” and a “Lender” (including without limitation for purposes of the definition of “Required Lenders” contained in Section 1.01 1.1 of the Credit Agreement) for all purposes of the Credit Agreement and the other Loan Documents. Each Loan Party ratifies and confirms that all Liens granted, conveyed, or assigned to the Collateral Agent by such Person pursuant to any Loan Document to which it is a party remain in full force and effect, are not released or reduced, and continue to secure full payment and performance of the Secured Obligations as increased hereby, as contemplated by this Agreement.
Appears in 1 contract
Confirmation of Guarantees and Security Interests. By signing this Commitment Agreement, each Loan Party party hereto hereby confirms that (a) the obligations of the Loan Parties under the Credit Agreement as modified or supplemented hereby (including with respect to the Incremental 2014 Euro Term Loans contemplated by this Commitment Agreement) and the other Loan Documents (i) are entitled to the benefits of the guarantees and the security interests set forth or created in the Credit AgreementHoldings/Lead Borrower Guaranty, the Loan U.S. Subsidiary Guaranty, the Security Agreements Documents, and the other Loan Documents, (ii) constitute “Obligations” and ”, “U.S. Obligations”, “Secured Obligations” as such terms are defined in and “Guaranteed Obligations” or other similar term for purposes of the Credit Agreement, subject to the qualifications Security Documents and exceptions described thereinall other Loan Documents, (iii) notwithstanding the effectiveness of the terms hereof, the Holdings/Lead Borrower Guaranty, the U.S. Subsidiary Guaranty, the Security Documents, and the other Loan Documents are, and shall continue to be, in full force and effect and are hereby ratified and confirmed in all respects and (b) each Incremental 2014 Euro Term Loan Lender shall be a “Secured Party”, a “U.S. Secured Party”, a “Secured Creditor” and a “Lender” (including without limitation for purposes of the definition of “Required Lenders” contained in Section 1.01 of the Credit Agreement) for all purposes of the Credit Agreement and the other Loan Documents. Each Loan Party party hereto ratifies and confirms that all Liens granted, conveyed, or assigned to the any Agent by such Person pursuant to any Loan Document to which it is a party remain in full force and effect, are not released or reduced, and continue to secure full payment and performance of the Secured Obligations as increased hereby, as contemplated by this Agreement.
Appears in 1 contract
Samples: New Term Loan Commitment Agreement (SB/RH Holdings, LLC)
Confirmation of Guarantees and Security Interests. By signing this AgreementAmendment, each Loan Credit Party hereby confirms that (a) the obligations of the Loan Credit Parties under the Credit Agreement as modified or supplemented hereby (including with respect to the Incremental Tranche B Term Loans contemplated by this Agreementas increased hereby) and the other Loan Credit Documents (i) are entitled to the benefits of the guarantees and the security interests set forth or created in the Credit Agreement, the Loan Subsidiaries Guaranty, the Security Agreements Documents and the other Loan Credit Documents, (ii) constitute “Obligations” and ”, “Secured Obligations” as such terms are defined in and “Guaranteed Obligations” or other similar term for purposes of the Credit Agreement, subject to the qualifications Security Agreement and exceptions described thereinall other Credit Documents, (iii) notwithstanding the effectiveness of the terms hereof, the Loan Subsidiaries Guaranty, the Security Documents and the other Credit Documents are, and shall continue to be, in full force and effect and are hereby ratified and confirmed in all respects and (b) each Incremental Term Loan Lender shall be a “Secured Party” and a “Lender” (including without limitation for purposes of the definition of “Required Lenders” contained in Section 1.01 of the Credit Agreement) for all purposes of the Credit Agreement and the other Loan Documentsrespects. Each Loan Credit Party ratifies and confirms that all Liens granted, conveyed, or assigned to the any Agent by such Person pursuant to any Loan Credit Document to which it is a party remain in full force and effect, are not released or reduced, and continue to secure full payment and performance of the Secured Obligations as increased modified hereby, as contemplated by this Agreement.
Appears in 1 contract
Confirmation of Guarantees and Security Interests. By signing this AgreementAmendment, each Loan Party hereby confirms that (a) the obligations of the Loan Parties under the Credit Agreement as modified or supplemented hereby (including with respect to the Incremental Term Loans 2022 Revolving Commitment Increase contemplated by this AgreementAmendment) and the other Loan Documents (i) are entitled to the benefits of the guarantees and the security interests set forth or created in the Credit Agreement, the Loan GuarantyGuarantee, the Security Agreements Documents and the other Loan Documents, (ii) constitute “Obligations” and ”, “Secured Guarantor Obligations” as such terms are defined in or other similar term for purposes of the Credit Agreement, subject to the qualifications Guarantee, the Security Documents and exceptions described thereinthe other Loan Documents, (iii) notwithstanding the effectiveness of the terms hereof, the Guarantee, the Security Documents and the other Loan Documents Documents, are, and shall continue to be, in full force and effect and are hereby ratified and confirmed in all respects and (b) each 2022 Incremental Term Loan Revolving Lender shall be a “Secured Party” and a “Lender” (including without limitation for purposes of the definition of “Required Lenders” contained in Section 1.01 1.1 of the Credit Agreement) for all purposes of the Credit Agreement and the other Loan Documents. Each Loan Party ratifies and confirms that all Liens granted, conveyed, or assigned to the Collateral Agent by such Person pursuant to any Loan Document to which it is a party remain in full force and effect, are not released or reduced, and continue to secure full payment and performance of the Secured Obligations as increased hereby, as contemplated by this Agreement.
Appears in 1 contract
Confirmation of Guarantees and Security Interests. By signing this Agreement, each Loan Credit Party hereby confirms that (a) the obligations of the Loan Credit Parties under the Credit Agreement as modified or supplemented hereby (including with respect to the Incremental Term Loans contemplated by this Agreement) and the other Loan Documents (i) are entitled to the benefits of the guarantees and the security interests set forth or created in the Credit Agreement, the Loan Guaranty, the Security Agreements Collateral Documents and the other Loan Documents, (ii) constitute “Obligations” and “Secured Obligations” as such terms are term is defined in the Credit Agreement, subject to the qualifications and exceptions described therein, (iii) notwithstanding the effectiveness of the terms hereof, the Collateral Documents and the other Loan Documents Documents, are, and shall continue to be, in full force and effect and are hereby ratified and confirmed in all respects and (b) each Incremental Term Loan Lender shall be a “Secured Party” and a “Lender” (including without limitation for purposes of the definition of “Required Requisite Lenders” contained in Section 1.01 1.1 of the Credit Agreement) for all purposes of the Credit Agreement and the other Loan Documents. Each Loan Credit Party ratifies and confirms that all Liens granted, conveyed, or assigned to the Agent by such Person pursuant to any Loan Document to which it is a party remain in full force and effect, are not released or reduced, and continue to secure full payment and performance of the Secured Obligations as increased hereby, as contemplated by this Agreement.
Appears in 1 contract
Samples: Incremental Amendment to Credit Agreement (XPO, Inc.)
Confirmation of Guarantees and Security Interests. By signing this AgreementAmendment, each Loan Party hereby confirms that (ai) the obligations of the Loan Parties under the Amended Credit Agreement as modified or supplemented hereby (including with respect to the Incremental Term Loans Amendment No. 1 Revolving Commitments contemplated by this Agreement) and the other Loan Documents (ix) are entitled to the benefits of the guarantees and the security interests set forth or created in the Credit Agreement, the Loan Guaranty, the Security Agreements Documents and the other Loan Documents, (iiy) constitute “Obligations” and “Secured Obligations” as such terms are defined in Obligations for purposes of the Credit Agreement, subject to the qualifications Agreement and exceptions described thereinall other Loan Documents, (iiiii) notwithstanding the effectiveness of the terms hereof, the Security Documents and the other Loan Documents are, and shall continue to be, in full force and effect and are hereby ratified and confirmed in all respects and (biii) each Incremental Term Loan Amendment No. 1 Revolving Lender shall be a “Credit Party”, a “Secured Party” and a “Lender” (including including, in each case, without limitation for purposes of the definition of “Required Lenders” contained in Section 1.01 of the Credit Agreement) for all purposes of the Credit Agreement and the other Loan Documents. Each Loan Party party hereto ratifies and confirms that all Liens granted, conveyed, or assigned to the Agent Collateral Agent, for the benefit of the Secured Parties, by such Person pursuant to any each Loan Document to which it is a party remain in full force and effect, are not released or reduced, and continue to secure full payment and performance of the Secured Obligations as increased hereby. Except as expressly set forth herein, (i) this Agreement shall not by implication or otherwise limit, impair, constitute a waiver of or otherwise affect the rights and remedies of the Lenders, the Administrative Agent or the Collateral Agent, in each case under the Credit Agreement or any other Loan Document, and (ii) shall not alter, modify, amend or in any way affect any of the terms, conditions, obligations, covenants or agreements contained in the Credit Agreement or any other Loan Document. Except as contemplated expressly set forth herein, each and every term, condition, obligation, covenant and agreement contained in the Credit Agreement or any other Loan Document is hereby ratified and re-affirmed in all respects and shall continue in full force and effect and each Loan Party party hereto reaffirms its obligations under the Loan Documents to which it is party and the grant of its Liens on the Collateral made by it pursuant to the Security Documents. This Agreement shall constitute a Loan Document for purposes of the Credit Agreement, and from and after the Amendment No. 1 Amendment Effective Date, all references to the Credit Agreement in any Loan Document and all references in the Credit Agreement to “this Agreement,” “hereunder,” “hereof” or words of like import referring to the Credit Agreement, shall, unless expressly provided otherwise, refer to the Amended Credit Agreement. Each of the Loan Parties party hereto hereby consents to this Agreement and confirms that all obligations of such Loan Party under the Loan Documents to which such Loan Party is a party shall continue to apply to the Amended Credit Agreement.
Appears in 1 contract
Confirmation of Guarantees and Security Interests. By signing this Agreement, each Loan Party hereby confirms that (a) the obligations of the Loan Parties under the Credit Agreement as modified or supplemented hereby (including with respect to the Incremental 2016 First Lien Term Loans contemplated by this Agreement) and the other Loan Documents (i) are entitled to the benefits of the guarantees and the security interests set forth or created in the Credit Agreement, the Loan Guaranty, the Security Agreements Collateral Documents and the other Loan Documents, (ii) constitute “Secured Obligations,” “Guaranteed First Lien Obligations” and “Secured Obligations” as such terms are defined in or other similar term for purposes of the Credit Agreement, subject to the qualifications Guaranty, the Collateral Documents and exceptions described thereinthe other Loan Documents, (iii) notwithstanding the effectiveness of the terms hereof, the Guaranty, the Collateral Documents and the other Loan Documents Documents, are, and shall continue to be, in full force and effect and are hereby ratified and confirmed in all respects and (b) each Incremental Term Loan First Lien Lender shall be a “Secured Party” and a “Lender” (including without limitation for purposes of the definition of “Required Lenders” contained in Section 1.01 of the Credit Agreement) for all purposes of the Credit Agreement and the other Loan Documents. Each Loan Party ratifies and confirms that all Liens granted, conveyed, or assigned to the Administrative Agent by such Person pursuant to any Loan Document to which it is a party remain in full force and effect, are not released or reduced, and continue to secure full payment and performance of the Secured Obligations as increased hereby, as contemplated by this Agreement.
Appears in 1 contract
Samples: Incremental Term Facility Amendment (EWT Holdings I Corp.)
Confirmation of Guarantees and Security Interests. By signing this AgreementAmendment, each Loan Party hereby confirms that (a) the obligations of the Loan Parties under the Credit Agreement as modified or supplemented hereby (including with respect to the Incremental Term Loans 2021 Revolving Commitment Increase and the 2021 Other Revolving Commitments contemplated by this AgreementAmendment) and the other Loan Documents (i) are entitled to the benefits of the guarantees and the security interests set forth or created in the Credit Agreement, the Loan GuarantyGuarantee, the Security Agreements Documents and the other Loan Documents, (ii) constitute “Obligations” and “Secured Guarantor Obligations” as such terms are defined in or other similar term for purposes of the Credit Agreement, subject to the qualifications Guarantee, the Security Documents and exceptions described thereinthe other Loan Documents, (iii) notwithstanding the effectiveness of the terms hereof, the Guarantee, the Security Documents and the other Loan Documents Documents, are, and shall continue to be, in full force and effect and are hereby ratified and confirmed in all respects and (b) each Incremental Term Loan 2021 Revolving Lender shall be a “Secured Party” and a “Lender” (including without limitation for purposes of the definition of “Required Lenders” contained in Section 1.01 1.1 of the Credit Agreement) for all purposes of the Credit Agreement and the other Loan Documents. Each Loan Party ratifies and confirms that all Liens granted, conveyed, or assigned to the Collateral Agent by such Person pursuant to any Loan Document to which it is a party remain in full force and effect, are not released or reduced, and continue to secure full payment and performance of the Secured Obligations as increased hereby, as contemplated by this Agreement.
Appears in 1 contract
Samples: Incremental and Refinancing Amendment (Powerschool Holdings, Inc.)
Confirmation of Guarantees and Security Interests. By signing this Agreement, each Loan Credit Party hereby confirms that (a) the obligations of the Loan Credit Parties under the Credit Agreement as modified or supplemented hereby (including with respect to the Incremental Term Loans contemplated by this Agreement) and the other Loan Documents (i) are entitled to the benefits of the guarantees and the security interests set forth or created in the Credit Agreement, the Loan Guaranty, the Security Agreements Collateral Documents and the other Loan Documents, (ii) constitute “Obligations” and “Secured Obligations” as such terms are term is defined in the Credit Agreement, subject to the qualifications and exceptions described therein, (iii) notwithstanding the effectiveness of the terms hereof, the Collateral Documents and the other Loan Documents Documents, are, and shall continue to be, in full force and effect and are hereby ratified and confirmed in all respects and (b) each Incremental Term Loan Lender shall be a “Secured Party” and a “Lender” (including without limitation for purposes of the definition of “Required Requisite Lenders” contained in Section 1.01 1.1 of the Credit Agreement) for all purposes of the Credit Agreement and the other Loan Documents. Each Loan Credit Party ratifies and confirms that all Liens granted, conveyed, or assigned to the Agent by such Person pursuant to any Loan Document to which it is a party remain in full force and effect, are not released or reduced, and continue to secure full payment and performance of the Secured Obligations as increased hereby, as contemplated by this subject to Section 6.10(e) of the Credit Agreement.
Appears in 1 contract
Samples: Incremental Amendment to Credit Agreement (XPO Logistics, Inc.)
Confirmation of Guarantees and Security Interests. By signing this Agreement, each Loan Credit Party hereby confirms that (a) the obligations of the Loan Credit Parties under the Credit Agreement as modified or supplemented hereby (including with respect to the Incremental Term Loans and Refinancing Term Loans contemplated by this Agreement) and the other Loan Documents (i) are entitled to the benefits of the guarantees and the security interests set forth or created in the Credit Agreement, the Loan Guaranty, the Security Agreements Collateral Documents and the other Loan Documents, (ii) constitute “Obligations” and “Secured Obligations” as such terms are term is defined in the Credit Agreement, subject to the qualifications and exceptions described therein, (iii) notwithstanding the effectiveness of the terms hereof, the Collateral Documents and the other Loan Documents Documents, are, and shall continue to be, in full force and effect and are hereby ratified and confirmed in all respects and (b) each Incremental Term Loan Lender and Refinancing Term Lender shall be a “Secured Party” and a “Lender” (including without limitation for purposes of the definition of “Required Requisite Lenders” contained in Section 1.01 1.1 of the Credit Agreement) for all purposes of the Credit Agreement and the other Loan Documents. Each Loan Credit Party ratifies and confirms that all Liens granted, conveyed, or assigned to the Agent by such Person pursuant to any Loan Document to which it is a party remain in full force and effect, are not released or reduced, and continue to secure full payment and performance of the Secured Obligations as increased hereby, subject to Section 6.10(e) of the Credit Agreement, as contemplated by this Agreement.
Appears in 1 contract
Samples: Incremental and Refinancing Amendment (XPO Logistics, Inc.)
Confirmation of Guarantees and Security Interests. By signing this Agreement, each Loan Party of the Borrower and the Guarantor hereby confirms that (a) the obligations of the Loan Parties under the Credit Agreement as modified or supplemented hereby (including with respect to the 2022 Incremental Term Loans Revolving Commitment contemplated by this Agreement) and the other Loan Documents (i) are entitled to the benefits of the guarantees and the security interests set forth or created in the Credit Agreement, the Loan Guaranty, the Security Agreements Collateral Documents and the other Loan Documents, (ii) constitute “Obligations” and “Secured Obligations” as such terms are term is defined in the Credit Agreement, subject to the qualifications and exceptions described therein, (iii) notwithstanding the effectiveness of the terms hereof, the Collateral Documents and the other Loan Documents Documents, are, and shall continue to be, in full force and effect and are hereby ratified and confirmed in all respects and (b) each the 2022 Incremental Term Loan Revolving Lender shall be a “Secured Party” and a “Lender” (including without limitation for purposes of the definition of “Required Lenders” contained in Section 1.01 of the Credit Agreement) for all purposes of the Credit Agreement and the other Loan Documents. Each Loan Party ratifies and confirms that all Liens granted, conveyed, or assigned to the Administrative Agent by such Person pursuant to any Loan Document to which it is a party remain in full force and effect, are not released or reduced, and continue to secure full payment and performance of the Secured Obligations as increased hereby, as contemplated by this subject to Section 6.10(a) of the Credit Agreement.
Appears in 1 contract
Samples: Incremental Amendment to Credit Agreement (Insulet Corp)
Confirmation of Guarantees and Security Interests. By signing this Agreement, each Loan Party hereby confirms that (a) the obligations of the Loan Parties under the Credit Agreement as modified or supplemented hereby (including with respect to the Incremental Term A Loans contemplated by this Agreementand Revolving Credit Commitments) and the other Loan Documents (i) are entitled to the benefits of the guarantees and the security interests set forth or created in the Credit Agreement, the Loan Guaranty, the Security Agreements Collateral Documents and the other Loan Documents, (ii) constitute “Obligations” and “Secured Obligations” as such terms are term is defined in the Credit Agreement, subject to the qualifications and exceptions described therein, (iii) notwithstanding the effectiveness of the terms hereof, the Collateral Documents and the other Loan Documents Documents, are, and shall continue to be, in full force and effect and are hereby ratified and confirmed in all respects and (b) each Replacement Term A Lender, Incremental Term A Loan Lender, Incremental Revolving Lender and Replacement Revolving Lender shall be a “Secured Party” and a “Lender” (including without limitation for purposes of the definition of “Required Lenders” contained in Section 1.01 of the Credit Agreement) for all purposes of the Credit Agreement and the other Loan Documents. Each Loan Party ratifies and confirms that all Liens granted, conveyed, or assigned to the Agent by such Person pursuant to any Loan Document to which it is a party remain in full force and effect, are not released or reduced, and continue to secure full payment and performance of the Secured Obligations as increased hereby, as contemplated by this Agreement.
Appears in 1 contract
Confirmation of Guarantees and Security Interests. By signing this Agreement, each Loan Party hereby confirms that (a) the obligations of the Loan Parties under the Credit Agreement as modified or supplemented hereby (including with respect to the Incremental Term A Loans contemplated by this Agreementand Revolving Credit Commitments) and the other Loan Documents (i) are entitled to the benefits of the guarantees and the security interests set forth or created in the Credit Agreement, the Loan Guaranty, the Security Agreements Collateral Documents and the other Loan Documents, (ii) constitute “Obligations” and “Secured Obligations” as such terms are term is defined in the Credit Agreement, subject to the qualifications and exceptions described therein, (iii) notwithstanding the effectiveness of the terms hereof, the Collateral Documents and the other Loan Documents Documents, are, and shall continue to be, in full force and effect and are hereby ratified and confirmed in all respects and (b) each Incremental Term Loan Extending Lender shall be a “Secured Party” and a “Lender” (including without limitation for purposes of the definition of “Required Lenders” contained in Section 1.01 of the Credit Agreement) for all purposes of the Credit Agreement and the other Loan Documents. Each Loan Party ratifies and confirms that all Liens granted, conveyed, or assigned to the Agent by such Person pursuant to any Loan Document to which it is a party remain in full force and effect, are not released or reduced, and continue to secure full payment and performance of the Secured Obligations as increased hereby, as contemplated by this Agreement.
Appears in 1 contract
Confirmation of Guarantees and Security Interests. By signing this AgreementAmendment, each Loan Party hereby confirms that (a) its obligations under the Guaranty, the Security Agreement (as modified hereby) and the other Collateral Documents are hereby reaffirmed, ratified and confirmed in all respects and shall continue to be, in full force and effect in all respects, (b) the obligations of the Loan Parties under the Amended Credit Agreement as modified or supplemented hereby (including with respect to the Incremental Refinancing 2020 First Lien Term Loans contemplated by this Agreement) and the other Loan Documents (i) are entitled to the benefits of the guarantees and the security interests set forth or created in the Credit Agreement, the Loan Guaranty, the Security Agreements and Agreement, the other Collateral Documents or the other Loan Documents, as applicable (which shall continue to secure the Secured Obligations), and (ii) constitute “Secured Obligations,” “Guaranteed First Lien Obligations” and “Secured Obligations” as such terms are defined in or other similar term for purposes of the Amended Credit Agreement, subject to the qualifications and exceptions described therein, (iii) notwithstanding the effectiveness of the terms hereofGuaranty, the Security Agreement, the other Collateral Documents or the other Loan Documents areDocuments, as applicable, and shall continue to be, in full force and effect and are hereby ratified and confirmed in all respects and (bc) each Incremental Refinancing 2020 First Lien Term Loan Lender shall be a “Secured Party” and a “Lender” (including without limitation for purposes of the definition of “Required Lenders” contained in Section 1.01 of the Amended Credit Agreement) for all purposes of the Amended Credit Agreement and the other Loan Documents. Each Loan Party ratifies and confirms that all Liens granted, conveyed, or assigned to the Administrative Agent by such Person pursuant to any Loan Document to which it is a party remain in full force and effect, are not released or reduced, and continue to secure full payment and performance of the Secured Obligations as increased hereby, as contemplated by this Agreement.
Appears in 1 contract
Samples: First Lien Credit Agreement (Evoqua Water Technologies Corp.)
Confirmation of Guarantees and Security Interests. By signing this AgreementAmendment, each Loan Party hereby confirms that (a) the obligations of the Loan Parties under the Credit Agreement as modified or supplemented hereby (including with respect to the Incremental 2023 Revolving Commitment Increase, the 2023 Refinancing Revolving Commitments and the 2023 Refinancing Term Loans Commitments contemplated by this AgreementAmendment) and the other Loan Documents (i) are entitled to the benefits of the guarantees and the security interests set forth or created in the Credit Agreement, the Loan GuarantyGuarantee, the Security Agreements Documents and the other Loan Documents, (ii) constitute “Obligations,” and “Secured Guarantor Obligations” as such terms are defined in or other similar term for purposes of the Credit Agreement, subject to the qualifications Guarantee, the Security Documents and exceptions described thereinthe other Loan Documents, (iii) notwithstanding the effectiveness of the terms hereof, the Guarantee, the Security Documents and the other Loan Documents Documents, are, and shall continue to be, in full force and effect and are hereby ratified and confirmed in all respects and (b) each Incremental Term Loan 2023 Lender shall be a “Secured Party” and a “Lender” (including without limitation for purposes of the definition of “Required Lenders” contained in Section 1.01 1.1 of the Credit Agreement) for all purposes of the Credit Agreement and the other Loan Documents. Each Loan Party ratifies and confirms that all Liens granted, conveyed, or assigned to the Collateral Agent by such Person pursuant to any Loan Document to which it is a party remain in full force and effect, are not released or reduced, and continue to secure full payment and performance of the Secured Obligations as increased hereby, as contemplated by this Agreement.
Appears in 1 contract
Samples: Incremental and Refinancing Amendment (Powerschool Holdings, Inc.)
Confirmation of Guarantees and Security Interests. By signing this Agreement, each Loan Party hereby confirms that (a) the obligations of the Loan Parties under the Credit Agreement as modified or supplemented hereby (including with respect to the Incremental Term Loans Revolving Credit Commitment Increase contemplated by this AgreementAgreement and any Loans or other extensions of credit made thereunder) and the other Loan Documents (i) are entitled to the benefits of the guarantees and the security interests set forth or created in the Credit Guarantee and Collateral Agreement, the Loan Guaranty, the Security Agreements Documents and the other Loan Documents, (ii) constitute “Obligations” and “Secured Obligations” as such terms are defined in or other similar term for purposes of the Credit Agreement, subject to the qualifications Security Documents and exceptions described thereinall other Loan Documents, (iii) notwithstanding the effectiveness of the terms hereof, the Guarantee and Collateral Agreement, the other Security Documents and the other Loan Documents are, and shall continue to be, in full force and effect and are hereby ratified and confirmed in all respects and (b) each Incremental Term Loan Lender shall be a “Secured Party”, a “Revolving Credit Lender” and a “Lender” (including without limitation for purposes of the definition of “Required Lenders” contained in Section 1.01 of the Credit Agreement) for all purposes of the Credit Agreement and the other Loan Documents. Each Loan Party ratifies and confirms that all Liens granted, conveyed, or assigned to the any Agent by such Person pursuant to any Loan Document to which it is a party remain in full force and effect, are not released or reduced, and continue to secure full payment and performance of the Secured Obligations as increased hereby, as contemplated by this Agreement.
Appears in 1 contract
Samples: Incremental Amendment and Joinder Agreement (Verint Systems Inc)
Confirmation of Guarantees and Security Interests. By signing this Agreement, each Loan Credit Party hereby confirms that (a) the obligations of the Loan Credit Parties under the Credit Agreement as modified or supplemented hereby (including with respect to the Incremental Refinancing Term Loans contemplated by this Agreement) and the other Loan Documents (i) are entitled to the benefits of the guarantees and the security interests set forth or created in the Credit Agreement, the Loan Guaranty, the Security Agreements Collateral Documents and the other Loan Documents, (ii) constitute “Obligations” and “Secured Obligations” as such terms are term is defined in the Credit Agreement, subject to the qualifications and exceptions described therein, (iii) notwithstanding the effectiveness of the terms hereof, other than as contemplated by Section 3(b), the Collateral Documents and the other Loan Documents Documents, are, and shall continue to be, in full force and effect and are hereby ratified and confirmed in all respects and (b) each Incremental Refinancing Term Loan Lender shall be a “Secured Party” and a “Lender” (including without limitation for purposes of the definition of “Required Requisite Lenders” contained in Section 1.01 1.1 of the Credit Agreement) for all purposes of the Credit Agreement and the other Loan Documents. Each Loan Subject to Section 3(b), each Credit Party ratifies and confirms that all Liens granted, conveyed, or assigned to the Agent by such Person pursuant to any Loan Document to which it is a party remain in full force and effect, are not released or reduced, and continue to secure full payment and performance of the Secured Obligations as increased hereby, as contemplated by this subject to Section 6.10(e) of the Credit Agreement.
Appears in 1 contract
Samples: Refinancing Amendment (XPO, Inc.)
Confirmation of Guarantees and Security Interests. By signing this Agreement, each Loan Party hereby confirms that (a) the obligations of the Loan Parties under the Credit Agreement as modified or supplemented hereby (including with respect to the Incremental Replacement Term A Loans and Replacement Term B Loans contemplated by this Agreement) and the other Loan Documents (i) are entitled to the benefits of the guarantees and the security interests set forth or created in the Credit Agreement, the Loan Guaranty, the Security Agreements Collateral Documents and the other Loan Documents, (ii) constitute “Obligations” and “Secured Obligations” as such terms are term is defined in the Credit Agreement, subject to the qualifications and exceptions described therein, (iii) notwithstanding the effectiveness of the terms hereof, the Collateral Documents and the other Loan Documents Documents, are, and shall continue to be, in full force and effect and are hereby ratified and confirmed in all respects and (b) each Incremental Replacement Term Loan A Lender and Replacement Term B Lender shall be a “Secured Party” and a “Lender” (including without limitation for purposes of the definition of “Required Lenders” contained in Section 1.01 of the Credit Agreement) for all purposes of the Credit Agreement and the other Loan Documents. Each Loan Party ratifies and confirms that all Liens granted, conveyed, or assigned to the Agent by such Person pursuant to any Loan Document to which it is a party remain in full force and effect, are not released or reduced, and continue to secure full payment and performance of the Secured Obligations as increased hereby, as contemplated by this Agreement.
Appears in 1 contract
Confirmation of Guarantees and Security Interests. By signing this AgreementAmendment, each Loan Party hereby confirms that (a) the obligations of the Loan Parties under the Credit Agreement as modified or supplemented hereby (including with respect to the Incremental Term Loans contemplated by this Agreement) and the other Loan Documents (i) are entitled to the benefits of the guarantees and the security interests set forth or created in the Credit AgreementGuaranty Agreements, the Loan Guaranty, relevant Security Documents delivered prior to the Security Agreements date hereof and the other Loan Documents, and (ii) constitute “Obligations” and “Secured Obligations” as such terms are defined in Obligations for purposes of the Credit Agreement, subject the Guaranty Agreements and the U.S. Security Agreement and all other relevant Security Documents delivered prior to the qualifications date hereof and exceptions described therein, (iiib) notwithstanding the effectiveness of the terms hereof, the Guaranty Agreements, the relevant Security Documents delivered prior to the date hereof and the other Loan Documents are, and shall continue to be, in full force and effect and are hereby ratified and confirmed in all respects and (b) each Incremental Term Loan Lender shall be a “Secured Party” and a “Lender” (including without limitation for purposes of the definition of “Required Lenders” contained in Section 1.01 of the Credit Agreement) for all purposes of the Credit Agreement and the other Loan Documentsrespects. Each Loan Party ratifies and confirms that all Liens granted, conveyed, or assigned to the Administrative Agent by such Person pursuant to any each relevant Loan Document delivered prior to the date hereof to which it is a party remain in full force and effect, are not released or reduced, and continue to secure full payment and performance of the Secured Obligations as increased herebyObligations, as may be extended, increased or otherwise modified hereby. Each Loan Party and the Administrative Agent acknowledge and agree that this Amendment to the Credit Agreement and any modifications or amendments to the other Loan Documents contemplated by this Agreementhereby shall not constitute a novation of any rights or obligations of any party under the Credit Agreement and/or the other Loan Documents for the purpose of any applicable law.
Appears in 1 contract
Confirmation of Guarantees and Security Interests. By signing this Commitment Agreement, each Loan Party party hereto hereby confirms that (a) the obligations of the Loan Parties under the Credit Agreement as modified or supplemented hereby (including with respect to the Incremental Tranche A Term Loans and Tranche C Term Loans contemplated by this Commitment Agreement) and the other Loan Documents (i) are entitled to the benefits of the guarantees and the security interests set forth or created in the Credit AgreementHoldings/Lead Borrower Guaranty, the Loan U.S. Subsidiary Guaranty, the Security Agreements Documents, and the other Loan Documents, (ii) constitute “Obligations” and ”, “Secured Obligations” as such terms are defined in and “Guaranteed Obligations” or other similar term for purposes of the Credit Agreement, subject to the qualifications Security Documents and exceptions described thereinall other Loan Documents, (iii) notwithstanding the effectiveness of the terms hereof, the Holdings/Lead Borrower Guaranty, the U.S. Subsidiary Guaranty, the Security Documents, and the other Loan Documents are, and shall continue to be, in full force and effect and are hereby ratified and confirmed in all respects and (b) each Incremental New Term Loan Lender shall be a “Secured Party”, a “Secured Creditor” and a “Lender” (including without limitation for purposes of the definition of “Required Lenders” contained in Section 1.01 of the Credit Agreement) for all purposes of the Credit Agreement and the other Loan Documents. Each Loan Party party hereto ratifies and confirms that all Liens granted, conveyed, or assigned to the any Agent by such Person pursuant to any Loan Document to which it is a party remain in full force and effect, are not released or reduced, and continue to secure full payment and performance of the Secured Obligations as increased hereby, as contemplated by this Agreement.
Appears in 1 contract
Samples: New Term Loan Commitment Agreement (Spectrum Brands, Inc.)
Confirmation of Guarantees and Security Interests. By signing this Agreement, each Loan Party hereby confirms that (a) the obligations of the Loan Parties under the Credit Agreement as modified or supplemented hereby (including with respect to the Tranche B Incremental Term Loans contemplated by this Agreement) and the other Loan Documents (i) are entitled to the benefits of the guarantees and the security interests set forth or created in the Credit Guarantee and Collateral Agreement, the Loan Guaranty, the Security Agreements Documents and the other Loan Documents, (ii) constitute “Obligations” and “Secured Obligations” as such terms are defined in or other similar term for purposes of the Credit Agreement, subject to the qualifications Security Documents and exceptions described thereinall other Loan Documents, (iii) notwithstanding the effectiveness of the terms hereof, the Guarantee and Collateral Agreement, the other Security Documents and the other Loan Documents are, and shall continue to be, in full force and effect and are hereby ratified and confirmed in all respects and (b) each Incremental Term Loan Lender shall be a “Secured Party” and a “Lender” (including without limitation for purposes of the definition of “Required Lenders” contained in Section 1.01 of the Credit Agreement) for all purposes of the Credit Agreement and the other Loan Documents. Each Loan Party ratifies and confirms that all Liens granted, conveyed, or assigned to the any Agent by such Person pursuant to any Loan Document to which it is a party remain in full force and effect, are not released or reduced, and continue to secure full payment and performance of the Secured Obligations as increased hereby, as contemplated by this Agreement.
Appears in 1 contract
Samples: Incremental Amendment and Joinder Agreement (Verint Systems Inc)
Confirmation of Guarantees and Security Interests. By signing this AgreementAmendment, each Loan Party hereby confirms that (a) the obligations of the Loan Parties under the Credit Agreement as modified or supplemented hereby (including with respect to the Incremental Term Loans contemplated by this Agreement) and the other Loan Documents (i) are entitled to the benefits of the guarantees and the security interests set forth or created in the Credit Guarantee Agreement, the Loan Guaranty, relevant Security Documents delivered prior to the Security Agreements date hereof and the other Loan Documents, and (ii) constitute “Obligations” and “Secured Obligations” as such terms are defined in Obligations for purposes of the Credit Agreement, subject the Guarantee Agreement and the Security Agreement and all other relevant Security Documents delivered prior to the qualifications and exceptions described thereindate hereof, (iiib) notwithstanding the effectiveness of the terms hereof, the Guarantee Agreement, the relevant Security Documents delivered prior to the date hereof and the other Loan Documents are, and shall continue to be, in full force and effect and are hereby ratified and confirmed in all respects respects, and (bc) each Incremental Term Loan New Revolving Lender shall be a “Secured Party”, “Lender” and a “Revolving Lender” (including without limitation for purposes of the definition of “Required Lenders” contained in Section 1.01 of the Credit Agreement) for all purposes of the Credit Agreement and the other Loan Documents. Each Loan Party ratifies and confirms that all Liens granted, conveyed, or assigned to the Administrative Agent by such Person pursuant to any each relevant Loan Document delivered prior to the date hereof to which it is a party remain in full force and effect, are not released or reduced, and continue to secure full payment and performance of the Secured Obligations Obligations, as may be increased hereby, as contemplated by this Agreement.
Appears in 1 contract
Confirmation of Guarantees and Security Interests. By signing this AgreementAmendment, each Loan Party hereby confirms that (a) the obligations of the Loan Parties under the Credit Agreement as modified or supplemented hereby (including with respect to the Incremental Term Loans Amendment No. 2 Revolving Commitment Increase contemplated by this AgreementAmendment) and the other Loan Documents (i) are entitled to the benefits of the guarantees and the security interests set forth or created in the Credit Agreement, the Loan GuarantyGuarantee, the Security Agreements Documents and the other Loan Documents, (ii) constitute “Obligations” and “Secured Guarantor Obligations” as such terms are defined in or other similar term for purposes of the Credit Agreement, subject to the qualifications Guarantee, the Security Documents and exceptions described thereinthe other Loan Documents, (iii) notwithstanding the effectiveness of the terms hereof, the Guarantee, the Security Documents and the other Loan Documents Documents, are, and shall continue to be, in full force and effect and are hereby ratified and confirmed in all respects and (b) each 2020 Incremental Term Loan Lender shall be a “Secured Party” and a “Lender” (including without limitation for purposes of the definition of “Required Lenders” contained in Section 1.01 1.1 of the Credit Agreement) for all purposes of the Credit Agreement and the other Loan Documents. Each Loan Party ratifies and confirms that all Liens granted, conveyed, or assigned to the Collateral Agent by such Person pursuant to any Loan Document to which it is a party remain in full force and effect, are not released or reduced, and continue to secure full payment and performance of the Secured Obligations as increased hereby, as contemplated by this Agreement.
Appears in 1 contract
Confirmation of Guarantees and Security Interests. By signing this Agreement, each Loan Party hereby confirms that (a) the obligations of the Loan Parties under the Credit Agreement as modified or supplemented hereby (including with respect to the Incremental Term Loans and Replacement Term Loans contemplated by this Agreement) and the other Loan Documents (i) are entitled to the benefits of the guarantees and the security interests set forth or created in the Credit Agreement, the Loan Guaranty, the Security Agreements Collateral Documents and the other Loan Documents, (ii) constitute “Obligations” and “Secured Obligations” as such terms are term is defined in the Credit Agreement, subject to the qualifications and exceptions described therein, (iii) notwithstanding the effectiveness of the terms hereof, the Collateral Documents and the other Loan Documents Documents, are, and shall continue to be, in full force and effect and are hereby ratified and confirmed in all respects and (b) each Incremental Term Loan Lender and Replacement Term Lender shall be a “Secured Party” and a “Lender” (including without limitation for purposes of the definition of “Required Lenders” contained in Section 1.01 of the Credit Agreement) for all purposes of the Credit Agreement and the other Loan Documents. Each Loan Party ratifies and confirms that all Liens granted, conveyed, or assigned to the Agent by such Person pursuant to any Loan Document to which it is a party remain in full force and effect, are not released or reduced, and continue to secure full payment and performance of the Secured Obligations as increased hereby, as contemplated by this Agreement.
Appears in 1 contract
Samples: Incremental and Refinancing Amendment (Daseke, Inc.)
Confirmation of Guarantees and Security Interests. By signing this AgreementAmendment, each Loan Party hereby confirms that (a) its obligations under the Amended Guaranty, the Amended Security Agreement and the other Collateral Documents are hereby reaffirmed, ratified and confirmed in all respects and shall continue to be, in full force and effect in all respects, (b) the obligations of the Loan Parties under the Amended Credit Agreement as modified or supplemented hereby (including with respect to the Incremental First Lien Term Loans and Additional Revolving Credit Commitments contemplated by this AgreementAmendment) and the other Loan Documents (i) are entitled to the benefits of the guarantees and the security interests set forth or created in the Credit Amended Guaranty, the Amended Security Agreement, the Loan Guaranty, the Security Agreements and other Collateral Documents or the other Loan Documents, as applicable, and (ii) constitute “Secured Obligations,” “Guaranteed First Lien Obligations” and “Secured Obligations” as such terms are defined in or other similar term for purposes of the Amended Credit Agreement, subject to the qualifications and exceptions described therein, (iii) notwithstanding the effectiveness of the terms hereofAmended Guaranty, the Amended Security Agreement, the other Collateral Documents or the other Loan Documents areDocuments, as applicable, and shall continue to be, in full force and effect and are hereby ratified and confirmed in all respects and (bc) each Incremental Term Loan Lender shall be a “Secured Party” and a “Lender” (including without limitation for purposes of the definition of “Required Lenders” contained in Section 1.01 of the Amended Credit Agreement) for all purposes of the Amended Credit Agreement and the other Loan Documents. Each Loan Party ratifies and confirms that all Liens granted, conveyed, or assigned to the Administrative Agent by such Person pursuant to any Loan Document to which it is a party remain in full force and effect, are not released or reduced, and continue to secure full payment and performance of the Secured Obligations as increased hereby, as contemplated by this Agreement.
Appears in 1 contract
Confirmation of Guarantees and Security Interests. By signing this Agreement, each Loan Party hereby confirms that (a) the obligations of the Loan Parties under the Credit Agreement as modified or supplemented hereby (including with respect to the Incremental Refinancing Term Loans contemplated by this Agreement) and the other Loan Documents (i) are entitled to the benefits of the guarantees and the security interests set forth or created in the Credit Guarantee and Collateral Agreement, the Loan Guaranty, the Security Agreements Documents and the other Loan Documents, (ii) constitute “Obligations” and “Secured Obligations” as such terms are defined in or other similar term for purposes of the Credit Agreement, subject to the qualifications Security Documents and exceptions described thereinall other Loan Documents, (iii) notwithstanding the effectiveness of the terms hereof, the Guarantee and Collateral Agreement, the other Security Documents and the other Loan Documents are, and shall continue to be, in full force and effect and are hereby ratified and confirmed in all respects and (b) each Incremental Refinancing Term Loan Lender shall be a “Secured Party” and a “Lender” (including without limitation for purposes of the definition of “Required Lenders” contained in Section 1.01 of the Credit Agreement) for all purposes of the Credit Agreement and the other Loan Documents. Each Loan Party ratifies and confirms that all Liens granted, conveyed, or assigned to the any Agent by such Person pursuant to any Loan Document to which it is a party remain in full force and effect, are not released or reduced, and continue to secure full payment and performance of the Secured Obligations as increased hereby, as contemplated by this Agreement.
Appears in 1 contract
Samples: Refinancing Amendment and Joinder Agreement (Verint Systems Inc)