Common use of Ratification of Financing Documents; Confirmation of Collateral; Cross-Default; Cross-Collateralization; Further Assurances Clause in Contracts

Ratification of Financing Documents; Confirmation of Collateral; Cross-Default; Cross-Collateralization; Further Assurances. (a) The Company hereby ratifies, confirms, and reaffirms all and singular the terms and conditions of the Existing Financing Documents, and acknowledges and agrees that, subject to the terms and conditions of this Agreement, all terms and conditions of the Existing Financing Documents shall remain in full force and effect and the Company remains liable to the Investor for the payment and performance of all amounts due under the Existing Documents, without offset, defense or counterclaim of any kind, nature or description whatsoever.

Appears in 16 contracts

Samples: Securities Purchase Agreement (Neomedia Technologies Inc), Securities Purchase Agreement (Neomedia Technologies Inc), Securities Purchase Agreement (Neomedia Technologies Inc)

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Ratification of Financing Documents; Confirmation of Collateral; Cross-Default; Cross-Collateralization; Further Assurances. (a) The Company hereby ratifies, confirms, and reaffirms all and singular the terms and conditions of the Existing Financing Documents, and acknowledges and agrees that, subject to the terms and conditions of this Agreement, all terms and conditions of the Existing Financing Documents shall remain in full force and effect and the Company remains liable to the Investor Buyer for the payment and performance of all amounts due under the Existing Documents, without offset, defense or counterclaim of any kind, nature or description whatsoever.

Appears in 6 contracts

Samples: Securities Purchase Agreement (Neomedia Technologies Inc), Securities Purchase Agreement (Neomedia Technologies Inc), Securities Purchase Agreement (Neomedia Technologies Inc)

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