Common use of Continued Effectiveness of the Financing Agreement Clause in Contracts

Continued Effectiveness of the Financing Agreement. Each of the Borrowers and the Corporate Guarantors hereby confirms and agrees that, except as otherwise provided in Section 32 (i) 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 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) to the extent any such Loan Document purports to assign or pledge to the Agent, or to grant to the Agent a Lien on any collateral as security for the Obligations of the Borrowers or the Guarantors from time to time existing in respect of the Financing Agreement and the Loan Documents, such pledge, assignment and/or grant of the Lien is hereby ratified and confirmed in all respects.

Appears in 1 contract

Samples: Financing Agreement (Happy Kids Inc)

AutoNDA by SimpleDocs

Continued Effectiveness of the Financing Agreement. (a) Each of the Borrowers and the Corporate Guarantors Borrower hereby confirms and agrees that, except as otherwise provided in Section 32 that (i) 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 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) to the extent any such Loan Document purports to assign or pledge to the Agent, or to grant to the Agent a Lien on any collateral as security for the Obligations of the Borrowers or the Guarantors from time to time existing in respect of the Financing Agreement and the Loan Documents, such pledge, assignment and/or grant of the a Lien is hereby ratified and confirmed in all respects.

Appears in 1 contract

Samples: Financing Agreement (Columbus McKinnon Corp)

Continued Effectiveness of the Financing Agreement. Each of the -------------------------------------------------- Borrowers and the Corporate Guarantors hereby confirms and agrees that, except as otherwise provided in Section 32 9, (i) 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 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) to the extent any such Loan Document purports to assign or pledge to the Agent, or to grant to the Agent a Lien on any collateral as security for the Obligations of the Borrowers or the Guarantors from time to time existing in respect of the Financing Agreement and the Loan Documents, such pledge, assignment and/or grant of the Lien is hereby ratified and confirmed in all respects.

Appears in 1 contract

Samples: The Financing Agreement (Happy Kids Inc)

Continued Effectiveness of the Financing Agreement. Each of -------------------------------------------------- the Borrowers and the Corporate Guarantors hereby (i) confirms and agrees that, except as otherwise provided in Section 32 (i) 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 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 any such Loan Document purports to assign or pledge to the Agent, or to grant to the Agent a Lien on any collateral as security for the Obligations of the Borrowers or the Guarantors from time to time existing in respect of the Financing Agreement and the Loan Documents, such pledge, assignment and/or grant of the Lien is hereby ratified and confirmed in all respects.

Appears in 1 contract

Samples: Financing Agreement (Happy Kids Inc)

Continued Effectiveness of the Financing Agreement. (a) Each of the Borrowers and the Corporate Guarantors hereby confirms and agrees that, except as otherwise provided in Section 32 that (i) 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 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) to the extent 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 Borrowers or the Guarantors from time to time existing in respect of the Financing Agreement and the Loan Documents, such pledge, assignment and/or grant of the a Lien is hereby ratified and confirmed in all respects.

Appears in 1 contract

Samples: Financing Agreement (Outsource International Inc)

AutoNDA by SimpleDocs

Continued Effectiveness of the Financing Agreement. Each of the Borrowers and the Corporate Guarantors hereby confirms and agrees that, except as otherwise provided in Section 32 that (i) 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 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) to the extent any such Loan Document purports to assign or pledge to the Agent, or to grant to the Agent a Lien on any collateral as security for the Obligations of the Borrowers or the Guarantors from time to time existing in respect of the Financing Agreement and the Loan Documents, such pledge, assignment and/or grant of the Lien is hereby ratified and confirmed in all respects.

Appears in 1 contract

Samples: Financing Agreement (Happy Kids Inc)

Continued Effectiveness of the Financing Agreement. Each of the Borrowers (a) The Borrower and the Corporate Guarantors each Guarantor hereby confirms and agrees that, except as otherwise provided in Section 32 that (i) 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 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) to the extent any such Loan Document purports to assign or pledge to the Agent, or to grant to the Agent a Lien on any collateral as security for the Obligations of the Borrowers Borrower or the Guarantors from time to time existing in respect of the Financing Agreement and the Loan Documents, such pledge, assignment and/or grant of the a Lien is hereby ratified and confirmed in all respects.

Appears in 1 contract

Samples: Financing Agreement (Columbus McKinnon Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.