Common use of Confirmation of Obligations; Release Clause in Contracts

Confirmation of Obligations; Release. (a) The Borrower hereby confirms that the Borrower is indebted to the Lenders for the Loans in the amounts and as of the date set forth in Recital B, above, and is also obligated to the Lenders in respect of other obligations as set forth in the Credit Agreement and the other Loan Documents. The Borrower further acknowledges and agrees that as of the date hereof, it has no claim, defense or set-off right against any Lender or the Administrative Agent of any nature whatsoever, whether sounding in tort, contract or otherwise, and has no claim, defense or set-off of any nature whatsoever to the enforcement by any Lender or the Administrative Agent of the full amount of the Loans and other obligations of the Borrower under the Credit Agreement and the other Loan Documents.

Confirmation of Obligations; Release. (aA) The Borrower Borrowers hereby confirms confirm that the Borrower is Borrowers are indebted to the Lenders for the Loans in Loans, the amounts LC Reimbursement Obligations and as of the date set forth in Recital B, above, and is also obligated to the Lenders in respect of other obligations as set forth in the Credit Agreement and the other Loan Documents. The Borrower Each of the Borrowers further acknowledges and agrees that as of the date hereofConsent Effective Date, it has no claim, defense or set-off right against any Lender Lender, the Administrative Agent, or the Administrative Agent Letter of Credit Issuer of any nature whatsoever, whether sounding in tort, contract or otherwise, and has no claim, defense or set-off of any nature whatsoever to the enforcement by any Lender Lender, the Administrative Agent, or the Administrative Agent Letter of Credit Issuer of the full amount of the Loans Loans, the LC Reimbursement Obligations and other obligations of the Borrower Loan Parties under the Credit Agreement and the other Loan Documents.