Common use of Ratification of Pledge Agreement Clause in Contracts

Ratification of Pledge Agreement. Borrower hereby ratifies, confirms and reaffirms, all and singular, the terms and conditions of a certain Pledge Agreement dated as of March 27, 2002, between Borrower and Bank, and acknowledges, confirms and agrees that said Pledge Agreement shall remain in full force and effect and the Collateral defined therein shall continue to secure the Obligations under the Loan Agreement, as amended hereby.

Appears in 3 contracts

Samples: Loan Modification Agreement (GTC Biotherapeutics Inc), Loan Modification Agreement (GTC Biotherapeutics Inc), Loan Modification Agreement (GTC Biotherapeutics Inc)

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Ratification of Pledge Agreement. Borrower hereby ratifies, confirms and reaffirms, all and singular, singular the terms and conditions of a certain Pledge Agreement dated as of March 27, 2002, between Borrower and Bank, and acknowledges, confirms and agrees that said Pledge Agreement shall remain in full force and effect and the Collateral defined therein shall continue to secure the Obligations under the Loan Agreement, as amended herebyeffect.

Appears in 1 contract

Samples: Loan Modification Agreement (GTC Biotherapeutics Inc)

Ratification of Pledge Agreement. Borrower hereby ratifies, confirms and reaffirms, all and singular, the terms and conditions of a certain Pledge Agreement dated as of March 27, 2002, 2002 between Borrower and Bank, and acknowledges, confirms and agrees that said Pledge Agreement shall remain in full force and effect and the Collateral defined therein shall continue to secure the Obligations under the Loan Agreement, as amended hereby.

Appears in 1 contract

Samples: Loan Modification Agreement (GTC Biotherapeutics Inc)

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Ratification of Pledge Agreement. Borrower hereby ratifies, confirms and reaffirms, all and singular, the terms and conditions of a certain Pledge Agreement dated as of March 27, 2002, between Borrower and Bank, and acknowledges, confirms and agrees that said Pledge Agreement shall remain in full force and effect and the Collateral defined therein shall continue to secure the Obligations under the Loan Agreement, as amended herebyeffect.

Appears in 1 contract

Samples: Loan Modification Agreement (GTC Biotherapeutics Inc)

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