Ratification of Existing Agreements. All of the Borrowers’ obligations and liabilities to the Lenders as evidenced by or otherwise arising under the Credit Agreement, the Notes and the other Loan Documents, are, by the Borrowers’ execution of this Agreement, ratified and confirmed in all respects. In addition, by the Borrowers’ execution of this Agreement, each Borrower represents and warrants that it does not have any defense, counterclaim, or right of set-off or recoupment of any kind with respect to such obligations and liabilities.
Appears in 4 contracts
Samples: Amendment to Credit Agreement (Crystal Rock Holdings, Inc.), First Amendment Agreement (Crystal Rock Holdings, Inc.), Credit Agreement (Vermont Pure Holdings LTD/De)
Ratification of Existing Agreements. All of the Borrowers’ Borrower’s obligations and liabilities to the Lenders Lender as evidenced by or otherwise arising under the Credit Agreement, the Notes and the other Loan Other Documents, except as otherwise expressly modified in this Agreement upon the terms set forth herein, are, by the Borrowers’ Borrower’s execution of this Agreement, ratified and confirmed in all respects. In addition, by the Borrowers’ Borrower’s execution of this Agreement, each the Borrower represents and warrants that it does not have any defense, no counterclaim, or right of set-off or recoupment defense of any kind exists or is outstanding with respect to such obligations and liabilities.
Appears in 4 contracts
Samples: Credit and Security Agreement (Memry Corp), Credit and Security Agreement (Memry Corp), Credit and Security Agreement (Memry Corp)
Ratification of Existing Agreements. All of the Borrowers’ obligations and liabilities to the Lenders as evidenced by or otherwise arising under the Credit Agreement, the Notes and the other Loan Documents, Documents are, by the Borrowers’ execution of this Agreement, hereby ratified and confirmed in all respects. In addition, by the Borrowers’ execution of this Agreement, each Borrower represents and warrants that it does not have any defense, counterclaim, or right of set-off or recoupment of any kind with respect to such obligations and liabilities.
Appears in 3 contracts
Samples: Amendment to Credit Agreement (Crystal Rock Holdings, Inc.), Amended and Restated Credit Agreement (Crystal Rock Holdings, Inc.), Amended and Restated Credit Agreement (Crystal Rock Holdings, Inc.)
Ratification of Existing Agreements. All of the Borrowers’ obligations and liabilities to the Lenders as evidenced by or otherwise arising under the Credit Agreement, the Notes and the other Loan Documents, are, by the Borrowers’ execution of this Agreement, ratified and confirmed in all respects. In addition, by the Borrowers’ execution of this Agreement, each Borrower represents and warrants that it does not have any defense, counterclaim, or right of set-off or recoupment defense of any kind with respect to such obligations and liabilities.
Appears in 2 contracts
Samples: Credit Agreement (Vermont Pure Holdings LTD/De), Second Amendment Agreement (Vermont Pure Holdings LTD/De)
Ratification of Existing Agreements. All of the Borrowers’ Borrower’s obligations and liabilities to the Lenders Creditors as evidenced by or otherwise arising under the Credit Agreement, the Notes and the other Loan Credit Documents, are, by the Borrowers’ Borrower’s execution of this Agreement, ratified and confirmed in all respects. In addition, by the Borrowers’ Borrower’s execution of this Agreement, each the Borrower represents and warrants that it does not have any defense, counterclaim, or right of set-off or recoupment defense of any kind with respect to such obligations and liabilities.
Appears in 2 contracts
Samples: Eighth Amendment Agreement (Imagistics International Inc), Credit Agreement (Imagistics International Inc)
Ratification of Existing Agreements. All of the Borrowers’ ' obligations and liabilities to the Lenders and the Agents as evidenced by or otherwise arising under the Credit Agreement, the Notes and the other Loan Documents, are, by the Borrowers’ each Borrower's execution of this Agreement, ratified and confirmed in all respects. In addition, by the Borrowers’ each Borrower's execution of this Agreement, each Borrower represents and warrants that it does not have any defense, no counterclaim, or right of set-off or recoupment defense of any kind exists or is outstanding with respect to such obligations and liabilities.
Appears in 1 contract
Ratification of Existing Agreements. All of the Borrowers’ Borrower's obligations and liabilities to the Lenders Banks as evidenced by or otherwise arising under the Credit Agreement, the Notes Note, the Letters of Credit and the other Loan Documents, are, by the Borrowers’ Borrower's execution of this AgreementAmendment, ratified and confirmed in all respects. In addition, by the Borrowers’ Borrower's execution of this AgreementAmendment, each the Borrower represents and warrants that it does not have any defense, no counterclaim, or right of set-off or recoupment defense of any kind exists or is outstanding with respect to such obligations and liabilities.
Appears in 1 contract
Samples: Revolving Credit and Deferred Payment Sales Agreement (Andersen Group Inc)
Ratification of Existing Agreements. All of the Borrowers’ ' obligations and liabilities to the Lenders Banks and the Agent as evidenced by or otherwise arising under the Credit Agreement, the Revolving Credit Notes and the other Loan Documents, are, by the Borrowers’ each Borrower's execution of this Agreement, ratified and confirmed in all respects. In addition, by the Borrowers’ each Borrower's execution of this Agreement, each Borrower represents and warrants that it does not have any defense, no counterclaim, or right of set-off or recoupment defense of any kind exists or is outstanding with respect to such obligations and liabilities.
Appears in 1 contract
Samples: Sixth Amendment Agreement (Xomed Surgical Products Inc)
Ratification of Existing Agreements. All Borrower reaffirms all of the Borrowers’ obligations terms, conditions, representations and liabilities to warranties of the Lenders Loan Documents (except as evidenced by or otherwise arising under expressly set forth herein) and acknowledge that all of the Credit Agreement, the Notes and the other Loan Documents, Obligations are, by the Borrowers’ Borrower’s execution of this Agreement, ratified and confirmed in all respectsrespects by Borrower. In additionBorrower acknowledges that all of its obligations, by indebtedness and liabilities to Holder under the Borrowers’ execution of this Agreement, each Borrower represents Loan Documents are joint and warrants that it does not have any defense, counterclaim, or right of set-off or recoupment of any kind with respect to such obligations and liabilitiesseveral.
Appears in 1 contract
Samples: Forbearance Agreement (Sequiam Corp)
Ratification of Existing Agreements. All of the Borrowers’ Borrower’s obligations and liabilities to the Lenders Lender as evidenced by or otherwise arising under the Credit Agreement, the Notes and the other Loan Other Documents, except as otherwise expressly modified in this Agreement upon the terms set forth herein, are, by the Borrowers’ Borrower’s execution of this Agreement, ratified and confirmed in all respects. In addition, by the Borrowers’ Borrower’s execution of this Agreement, each the Borrower represents and warrants that it does not have any defense, no counterclaim, or right of set-off or recoupment of defense of any kind exists or is outstanding with respect to such obligations and liabilities.
Appears in 1 contract
Ratification of Existing Agreements. All of the Borrowers’ Borrower’s obligations and liabilities to the Lenders Bank as evidenced by or otherwise arising under the Credit Loan Agreement, the Notes Note and the other Loan Documents, except as otherwise expressly modified in this Agreement upon the terms set forth herein, are, by the Borrowers’ Borrower’s execution of this Agreement, ratified and confirmed in all respects. In addition, by the Borrowers’ Borrower’s execution of this Agreement, each the Borrower represents and warrants that it does not have any defense, no counterclaim, or right of set-off or recoupment defense of any kind exists or is outstanding with respect to such obligations and liabilities.
Appears in 1 contract
Samples: Revolving Loan Agreement (Scientific Learning Corp)