Common use of Ratification and Affirmation of Obligors Clause in Contracts

Ratification and Affirmation of Obligors. Each of the Obligors hereby expressly (a) acknowledges the terms of this Second Amendment, (b) ratifies and affirms its obligations under the Facility Guaranty and the other Loan Papers to which it is a party, (c) acknowledges, renews and extends its continued liability under the Facility Guaranty and the other Loan Papers to which it is a party and (d) agrees that its guarantee under the Facility Guaranty and the other Loan Papers to which it is a party remains in full force and effect with respect to the Obligations as amended hereby.

Appears in 2 contracts

Samples: Credit Agreement (Laredo Petroleum - Dallas, Inc.), Credit Agreement (Laredo Petroleum Holdings, Inc.)

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Ratification and Affirmation of Obligors. Each of the Obligors hereby expressly (ai) acknowledges the terms of this Second Amendment, (bii) ratifies and affirms its obligations under the Facility Guaranty and the other Loan Papers Documents to which it is a party, (ciii) acknowledges, renews and extends its continued liability under the Facility its respective Guaranty Agreement, if applicable, and the other Loan Papers Security Instruments to which it is a party and (d) agrees that its guarantee under the Facility respective Guaranty Agreement, if applicable, and the other Loan Papers Security Instruments to which it is a party remains in full force and effect with respect to the Obligations Indebtedness as amended hereby.

Appears in 1 contract

Samples: Credit Agreement (Corrida Resources Inc)

Ratification and Affirmation of Obligors. Each of the Obligors hereby expressly (a) acknowledges the terms of this Second Third Amendment, (b) ratifies and affirms its obligations under the Facility Guaranty and the other Loan Papers to which it is a party, (c) acknowledges, renews and extends its continued liability under the Facility Guaranty and the other Loan Papers to which it is a party and (d) agrees that its guarantee under the Facility Guaranty and the other Loan Papers to which it is a party remains in full force and effect with respect to the Obligations as amended hereby.

Appears in 1 contract

Samples: Credit Agreement (Laredo Petroleum Holdings, Inc.)

Ratification and Affirmation of Obligors. Each of the Obligors hereby expressly (ai) acknowledges the terms of this Second Amendment, (bii) ratifies and affirms its obligations under the Facility its respective Guaranty Agreement and the other Loan Papers Security Instruments to which it is a party, (ciii) acknowledges, renews and extends its continued liability under the Facility its respective Guaranty Agreement and the other Loan Papers Security Instruments to which it is a party and (d) agrees that its guarantee under the Facility respective Guaranty Agreement and the other Loan Papers Security Instruments to which it is a party remains in full force and effect with respect to the Obligations Indebtedness as amended hereby.

Appears in 1 contract

Samples: Credit Agreement (Queen Sand Resources Inc)

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Ratification and Affirmation of Obligors. Each of the Obligors hereby expressly (ai) acknowledges the terms of this Second Amendment, (bii) ratifies and affirms its obligations under the Facility Guaranty Agreement and the other Loan Papers Security Instruments to which it is a party, (ciii) acknowledges, renews and extends its continued liability under the Facility Guaranty Agreement and the other Loan Papers Security Instruments to which it is a party and (d) agrees that its guarantee under the Facility Guaranty Guarantee Agreement and the other Loan Papers Security Instruments to which it is a party remains in full force and effect with respect to the Obligations Indebtedness as amended hereby.

Appears in 1 contract

Samples: Credit Agreement (Linn Energy, LLC)

Ratification and Affirmation of Obligors. Each of the Obligors hereby expressly (ai) acknowledges the terms of this Second Amendment, (bii) ratifies and affirms its obligations under the Facility its respective Guaranty and the other Loan Papers Security Instruments to which it is a party, (ciii) acknowledges, renews and extends its continued liability under the Facility its respective Guaranty and the other Loan Papers Security Instruments to which it is a party and (d) agrees that its guarantee under the Facility respective Guaranty and the other Loan Papers Security Instruments to which it is a party remains remain in full force and effect with respect to the Obligations Indebtedness as amended hereby.

Appears in 1 contract

Samples: Loan Agreement (Corrida Resources Inc)

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