Ratification and Reaffirmation of Loan Documents. The Obligors ratify and reaffirm all terms, covenants, conditions and agreements contained in the Loan Documents.
Ratification and Reaffirmation of Loan Documents. The Borrower hereby ratifies and reaffirms its obligations under each of the Loan Documents and agrees that any reference in any of such Loan Documents to the Note, the Loan, the Obligations, or words of like effect shall include the Note, the Loan and the Obligations as defined in the Original Loan Agreement, the Original Security Agreement, and the Original Intellectual Property Security Agreement and the debt and obligations of Borrower under this Amendment and the Subsequent Note.
Ratification and Reaffirmation of Loan Documents. The Credit Agreement, as hereby amended, and all other Loan Documents, are hereby ratified and re-affirmed in all respects and shall continue in full force and effect, and each of the Loan Parties hereby affirms its absolute and unconditional promise to pay to the Lenders, the L/C Issuer, and the Agent, as applicable, the Revolving Loans, the Swing Line Loans, other Credit Extensions, reimbursement obligations and all other amounts due or to become due and payable to the Lenders, the L/C Issuer and the Agent, as applicable, under the Credit Agreement, as amended hereby, and it is the intent of the parties hereto that nothing contained herein shall constitute a novation or accord and satisfaction. Except as expressly amended hereby, the Credit Agreement shall continue in full force and effect.
Ratification and Reaffirmation of Loan Documents. Each of Borrower and LMF ratifies and reaffirms all terms, covenants, conditions and agreements contained in the Loan Documents to which it is a party.
Ratification and Reaffirmation of Loan Documents. The term ------------------------------------------------ "Credit Agreement" and "Agreement" as used in each of the Loan Documents shall hereafter mean the Credit Agreement as amended by this Amendment. Except as herein specifically agreed, the Credit Agreement and the other Loan Documents are hereby ratified and confirmed and shall remain in full force and effect according to their terms, including, without limitation, the Guaranty and the Security Agreement. The Borrowers and the Guarantor acknowledge and confirm that: (a) the Borrowers' obligation to repay the outstanding principal amount of the Loans and to reimburse the Issuing Bank for any drawing on a Letter of Credit is unconditional and, as of the date hereof, not subject to any offsets, defenses or counterclaims, (b) the Agent and the Banks have performed fully all of their respective obligations under the Credit Agreement and the other Loan Documents, (c) by entering into this Amendment, the Banks do not waive or release any term or condition of the Credit Agreement or any of the other Loan Documents or any of their rights or remedies under such Loan Documents or applicable law or any of the obligations of any of the Borrowers thereunder except as expressly set forth herein and (d) the liens established by the Security Agreement and the guaranty obligations set forth in the Guaranty are in full force and effect.
Ratification and Reaffirmation of Loan Documents. Except as herein expressly modified or amended, all the terms and conditions of the Credit Agreement, the Subsidiary Guaranty Agreement, the Security Agreement, the Equity Pledge Agreement and the other Loan Documents are hereby ratified, affirmed, and approved. Without limiting the generality of clause (i) of the sixth sentence of Section 1.4 of the Credit Agreement (or any corresponding provision of any other Loan Document), the terms of the Loan Documents are hereby amended, effective as of the date hereof, so that all references therein to the Credit Agreement, the Subsidiary Guaranty Agreement, the Security Agreement and the Equity Pledge Agreement shall refer to Credit Agreement, the Subsidiary Guaranty Agreement, the Security Agreement and the Equity Pledge Agreement as amended herein. As of the date hereof, Borrowers and Guarantors hereby reaffirm and restate each and every warranty and representation set forth in any Loan Document, in each case except to the extent such warranty or representation expressly relates to an earlier date, and agrees and specifically reaffirms that its respective obligations under such Loan Documents extend and apply for all purposes to the Credit Agreement, the Subsidiary Guaranty Agreement, the Security Agreement, the Equity Pledge Agreement and the other Loan Documents, as amended hereby and on the date hereof. In consideration of Administrative Agent agreeing to the transactions contemplated by this Amendment, Borrowers agree to pay all reasonable, out-of-pocket costs and expenses of the Administrative Agent incurred in connection with the preparation and execution of this Amendment and consummation of the transactions contemplated hereby.
Ratification and Reaffirmation of Loan Documents. Except as expressly modified pursuant to the terms of the Modification Agreement or this Agreement, the terms of the Original Notes, the Mortgage, and all other Loan Documents are hereby ratified and reaffirmed in every respect and shall remain in full force and effect. Mortgagor and Borrower hereby acknowledge and agree that the Mortgage, as modified hereby, constitutes a valid and enforceable lien on the fee simple interest of Mortgagor in the Property (as defined in the Mortgage). Nothing contained herein shall be construed to impair the lien of the Mortgage, or the priority thereof, and nothing herein contained shall affect or impair any right, power, or remedy granted to Mortgagee under the Loan Documents or be considered a waiver of any such right, power, or remedy, except as expressly provided herein.
