Common use of Dutch Reaffirmation Agreement Clause in Contracts

Dutch Reaffirmation Agreement. (i) On the Effective Date, each Dutch Credit Party shall each have duly authorized, executed and delivered the Dutch Reaffirmation Agreement and the Dutch Reaffirmation Agreement shall be in full force and effect. (ii) The Collateral Agent shall have received evidence of the completion of all other recordings and filings of, or with respect to, each Dutch Pledge Agreement and/or Dutch Reaffirmation Agreement as may be necessary or, in the reasonable opinion of the Collateral Agent, desirable to perfect and protect the security interests intended to be created by the Dutch Pledge Agreement (as reaffirmed by the Dutch Reaffirmation Agreement).