Common use of Continued Effectiveness of Financing Agreement Clause in Contracts

Continued Effectiveness of Financing Agreement. Each of the ---------------------------------------------- Company and the Borrowers hereby (i) confirms and agrees that each Loan Document to which it is a party is, and shall continue to be, in full force and effect and is hereby ratified and confirmed in all respects except that on and after the Amendment Effective Date of this Amendment all references in any such Loan Document to "the Financing Agreement", "thereto", "thereof", "thereunder" or words of like import referring to the Financing Agreement shall mean the Financing Agreement as amended by this Amendment, and (ii) confirms and agrees that to the extent that any such Loan Document purports to assign or pledge to the Collateral Agent, or to grant to the Collateral Agent a Lien on any collateral as security for the Obligations of the Company and the Borrowers from time to time existing in respect of the Financing Agreement and the Loan Documents, such pledge, assignment and/or grant of a Lien is hereby ratified and confirmed in all respects.

Appears in 6 contracts

Samples: Financing Agreement (McNaughton Apparel Group Inc), Financing Agreement (McNaughton Apparel Group Inc), Financing Agreement (Norton McNaughton Inc)

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Continued Effectiveness of Financing Agreement. Each Except as expressly amended hereby, all of the ---------------------------------------------- Company terms and provisions of the Borrowers Financing Agreement and all other Loan Documents are and shall remain in full force and effect and are hereby ratified and confirmed. Each Loan Party that is a party to the Financing Agreement hereby (i) confirms and agrees that each Loan Document to which it is a party is, and shall continue to be, in full force and effect and is hereby ratified and confirmed in all respects except that on and after the Second Amendment Effective Date of this Amendment all references in any such Loan Document to "the Financing Agreement", "thereto", "thereof", "thereunder" or words of like import referring to the Financing Agreement shall mean the Financing Agreement as amended by this Amendment, and (ii) confirms and agrees that to the extent that any such Loan Document purports to assign or pledge to the Collateral Agent, or to grant to the Collateral Agent a Lien on any collateral as security for the Obligations of the Company and the Borrowers from time to time existing in respect of the Financing Agreement and the Loan Documents, such pledge, assignment and/or grant of a Lien is hereby ratified and confirmed in all respects.

Appears in 1 contract

Samples: The Financing Agreement (North Atlantic Trading Co Inc)

Continued Effectiveness of Financing Agreement. Each of the ---------------------------------------------- Company and the Borrowers hereby (i) confirms and agrees that each Loan Document to which it is a party is, and shall continue to be, in full force and effect and is hereby ratified and confirmed in all respects except that on and after the Amendment Effective Date of this Amendment all references in any such Loan Document to "the Financing Agreement", "thereto", "thereof", "thereunder" or words of like import referring to the Financing Agreement shall mean the Restated Financing Agreement as amended by this AmendmentAgreement, and (ii) confirms and agrees that to the extent that any such Loan Document purports to collaterally assign or pledge to the Collateral Agent, or to grant to the Collateral Agent a Lien on any collateral as security for the Obligations of the Company and the Borrowers from time to time existing in respect of the Existing Financing Agreement and the Loan Documents, such pledge, collateral assignment and/or grant of a Lien is hereby ratified and confirmed in all respects.

Appears in 1 contract

Samples: Financing Agreement (Norton McNaughton Inc)

Continued Effectiveness of Financing Agreement. Each of the ---------------------------------------------- Company and the Borrowers hereby (i) confirms and agrees that each Loan Document to which it is a party is, and shall continue to be, in full force and effect and is hereby ratified and confirmed in all respects except that on and after the Amendment Agreement Effective Date of this Amendment all references in any such Loan Document to "the Financing Agreement", "thereto", "thereof"', "thereunder" or words of like import referring to the Financing Agreement shall mean the Financing Agreement as amended by this Amendment, and (ii) confirms and agrees that to the extent that any such Loan Document purports to assign or pledge to the Collateral Agent, or to grant to the Collateral Agent a Lien on any collateral as security for the Obligations of the Company and the Borrowers from time to time existing in respect of the Financing Agreement AGreement and the Loan Documents, such pledge, assignment and/or grant of a Lien is hereby ratified and confirmed in all respects.

Appears in 1 contract

Samples: Financing Agreement (McNaughton Apparel Group Inc)

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Continued Effectiveness of Financing Agreement. Each of the ---------------------------------------------- Company and the Borrowers hereby (i) confirms and agrees that each Loan Document to which it is a party is, and shall continue to be, in full force and effect and is hereby ratified and confirmed in all respects except that on and after the Amendment Effective Date of this Amendment all references in any such Loan Document to "the Financing Agreement", "thereto", "thereof", "thereunder" or words of like import referring to the Financing Agreement shall mean the Financing Agreement as amended by this Amendment, and (ii) confirms and agrees that to the extent that any such Loan Document purports to assign or pledge to the Collateral Agent, or to grant to the Collateral Agent a Lien on any collateral as security for the Obligations of the Company and the Borrowers from time to time existing in respect of the Financing Agreement and the Loan Documents, such pledge, assignment and/or grant of a Lien is hereby ratified and confirmed in all respects.

Appears in 1 contract

Samples: Financing Agreement (McNaughton Apparel Group Inc)

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