Common use of RATIFICATION OF LOAN DOCUMENTS AND COLLATERAL Clause in Contracts

RATIFICATION OF LOAN DOCUMENTS AND COLLATERAL. Except as modified by this Agreement, each Loan Party hereby acknowledges, ratifies, reaffirms and agrees that each of the Loan Documents to which it is a party and the first priority (subject only to Liens permitted by Section 6.02 of the Credit Agreement), perfected Liens and security interests created thereby in favor of the Administrative Agent, for the benefit of the Secured Parties, in the Collateral, are and will remain in full force and effect and binding on such Person, and are enforceable in accordance with their respective terms and applicable law. By its execution hereof, each Loan Party (in its individual capacity and in its capacity as member, shareholder or partner of each other Loan Party, as applicable) acknowledges, ratifies and reaffirms all of the terms and provisions of the Loan Documents and the enforceability thereof against it, which terms and provisions, except as modified herein, are incorporated by reference as of the Forbearance Effective Date as if set forth herein including, without limitation, all promises, agreements, warranties, representations, covenants, releases, and indemnifications contained therein. Without limitation of the foregoing, (i) the Borrower hereby acknowledges, ratifies and confirms the Credit Agreement and all of its debts and obligations to the Administrative Agent, the Swingline Lender, the Issuing Bank and the Lenders thereunder and (ii) each Loan Party hereby acknowledges, ratifies and confirms its guaranty of the Secured Obligations under the Credit Agreement and all of its debts and obligations to the Administrative Agent, the Issuing Bank, the Swingline Lender, and the Lenders thereunder.

RATIFICATION OF LOAN DOCUMENTS AND COLLATERAL. Except as modified by this AgreementThird Amendment, each Loan Credit Party hereby acknowledges, ratifies, reaffirms and agrees that each of the Loan Documents to which it is a party and the first priority (subject only to Liens permitted by Section 6.02 of the Credit Agreement)priority, perfected Liens and security interests created thereby in favor of the Administrative Agent, for the benefit of the Secured Parties, in the Collateral, are and will remain in full force and effect and are and will remain binding on such Person, and are enforceable in accordance with their respective terms and applicable law. By its execution hereof, each Loan Credit Party (in its their respective individual capacity capacities and in its capacity their respective capacities as member, shareholder or partner of each other Loan Credit Party, as applicable) acknowledges, ratifies and reaffirms all of the terms and provisions of the Loan Documents and the enforceability thereof against it, which terms and provisions, except as modified herein, are incorporated by reference as of the Forbearance Third Amendment Effective Date as if set forth herein including, without limitation, all promises, agreements, warranties, representations, covenants, releases, and indemnifications contained therein. Without limitation of the foregoing, (i) the Borrower hereby acknowledges, ratifies and confirms the Credit Agreement and all of its debts and obligations to the Administrative Agent, the Swingline Lender, the Issuing Bank and the Lenders thereunder and (ii) thereunder; each Loan Credit Party hereby acknowledges, ratifies and confirms its guaranty of the Secured Obligations Indebtedness under the Credit Agreement and all of its debts and obligations to the Administrative Agent, the Issuing Bank, the Swingline Lender, Bank and the Lenders thereunder.

RATIFICATION OF LOAN DOCUMENTS AND COLLATERAL. Except as modified by this AgreementSecond Amendment, each Loan Credit Party hereby acknowledges, ratifies, reaffirms and agrees that each of the Loan Documents to which it is a party and the first priority (subject only to Liens permitted by Section 6.02 of the Credit Agreement)priority, perfected Liens and security interests created thereby in favor of the Administrative Agent, for the benefit of the Secured Parties, in the Collateral, are and will remain in full force and effect and are and will remain binding on such Person, and are enforceable in accordance with their respective terms and applicable law. By its execution hereof, each Loan Credit Party (in its their respective individual capacity capacities and in its capacity their respective capacities as member, shareholder or partner of each other Loan Credit Party, as applicable) acknowledges, ratifies and reaffirms all of the terms and provisions of the Loan Documents and the enforceability thereof against it, which terms and provisions, except as modified herein, are incorporated by reference as of the Forbearance Second Amendment Effective Date as if set forth herein including, without limitation, all promises, agreements, warranties, representations, covenants, releases, and indemnifications contained therein. Without limitation of the foregoing, (i) the Borrower hereby acknowledges, ratifies and confirms the Credit Agreement and all of its debts and obligations to the Administrative Agent, the Swingline Lender, the Issuing Bank and the Lenders thereunder and (ii) thereunder; each Loan Credit Party hereby acknowledges, ratifies and confirms its guaranty of the Secured Obligations Indebtedness under the Credit Agreement and all of its debts and obligations to the Administrative Agent, the Issuing Bank, the Swingline Lender, Bank and the Lenders thereunder.

RATIFICATION OF LOAN DOCUMENTS AND COLLATERAL. Except as modified by this AgreementFirst Amendment, each Loan Credit Party hereby acknowledges, ratifies, reaffirms and agrees that each of the Loan Documents to which it is a party and the first priority (subject only to Liens permitted by Section 6.02 of the Credit Agreement)priority, perfected Liens and security interests created thereby in favor of the Administrative Agent, for the benefit of the Secured Parties, in the Collateral, are and will remain in full force and effect and binding on such Person, and are enforceable in accordance with their respective terms and applicable law. By its execution hereof, each Loan Credit Party (in its their respective individual capacity capacities and in its capacity their respective capacities as member, shareholder or partner of each other Loan Credit Party, as applicable) acknowledges, ratifies and reaffirms all of the terms and provisions of the Loan Documents and the enforceability thereof against it, which terms and provisions, except as modified herein, are incorporated by reference as of the Forbearance First Amendment Effective Date as if set forth herein including, without limitation, all promisesPromises, agreements, warranties, representations, covenants, releases, and indemnifications contained therein. Without limitation of the foregoing, (i) the Borrower hereby acknowledges, ratifies and confirms the Credit Agreement and all of its debts and obligations to the Administrative Agent, the Swingline Lender, the Issuing Bank and the Lenders thereunder and (ii) thereunder; each Loan Credit Party hereby acknowledges, ratifies and confirms its guaranty of the Secured Obligations Indebtedness under the Credit Agreement and all of its debts and obligations to the Administrative Agent, the Issuing Bank, the Swingline Lender, Bank and the Lenders thereunder.

RATIFICATION OF LOAN DOCUMENTS AND COLLATERAL. Except as modified by this Agreement, each Loan Credit Party hereby acknowledges, ratifies, reaffirms and agrees that each of the Loan Documents to which it is a party and the first priority (subject only to Liens permitted by Section 6.02 of the Credit Agreement)priority, perfected Liens and security interests created thereby in favor of the Administrative Agent, for the benefit of the Secured Parties, in the Collateral, are and will remain in full force and effect and binding on such Person, and are enforceable in accordance with their respective terms and applicable law. By its execution hereof, each Loan Credit Party (in its their respective individual capacity capacities and in its capacity their respective capacities as member, shareholder or partner of each other Loan Credit Party, as applicable) acknowledges, ratifies and reaffirms all of the terms and provisions of the Loan Documents and the enforceability thereof against it, which terms and provisions, except as modified herein, are incorporated by reference as of the Forbearance Effective Date as if set forth herein including, without limitation, all promises, agreements, warranties, representations, covenants, releases, and indemnifications contained therein. Without limitation of the foregoing, (i) the Borrower hereby acknowledges, ratifies and confirms the Credit Agreement and all of its debts and obligations to the Administrative Agent, the Swingline Lender, the Issuing Bank and the Lenders thereunder and (ii) thereunder; each Loan Credit Party hereby acknowledges, ratifies and confirms its guaranty of the Secured Obligations Indebtedness under the Credit Agreement and all of its debts and obligations to the Administrative Agent, the Issuing Bank, the Swingline Lender, Bank and the Lenders thereunder.