Confirmation of Security Documents. The Borrower, by its execution of this Amendment No. 1, for and on behalf of itself and each Obligor, (a) hereby consents to this Amendment No. 1, (b) confirms and ratifies that all of its obligations and the security interests granted by it under each of the Security Documents to which it is a party shall continue in full force and effect in favor of the Collateral Agent for the benefit of the Secured Parties (as defined therein) with respect to the Credit Agreement as amended hereby and (c) confirms that all references in such Security Documents to the “Credit Agreement” (or words of similar import) refer to the Credit Agreement as amended hereby without impairing any such obligations or security interests in any respect.
Appears in 2 contracts
Samples: Senior Secured Term Loan Credit Agreement (American Capital, LTD), Senior Secured Revolving Credit Agreement (Ares Capital Corp)
Confirmation of Security Documents. The Borrower, by its execution of this Amendment No. 1, for and on behalf of itself and each Obligor, (a) hereby consents to this Amendment No. 1, (b) confirms and ratifies that all of its obligations and the security interests granted by it under each of the Security Documents to which it is a party shall continue in full force and effect in favor of the Collateral Agent for the benefit of the Secured Parties (as defined therein) with respect to the Credit Agreement as amended hereby and (c) confirms that all references in such Security Documents to the “Credit Agreement” (or words of similar import) refer to the Credit Agreement as amended hereby without impairing any such obligations or security interests in any respect.
Appears in 2 contracts
Samples: Amendment No. 1 (BlackRock Kelso Capital CORP), Amended and Restated Senior Secured Revolving Credit Agreement (Apollo Investment Corp)
