Common use of Ratification; Reaffirmation Clause in Contracts

Ratification; Reaffirmation. The Company hereby reaffirms and ratifies the Transaction Documents and agrees that this Agreement shall constitute a Transaction Document. The Company hereby ratifies, affirms, reaffirms, acknowledges, confirms and agrees that (a) all of the Company’s obligations owing to the Note Holders under the Transaction Documents, as modified by this Agreement, are hereby reaffirmed; and (b) the Transaction Documents are the legal, valid and binding obligations of the Company and are enforceable against the Company in accordance with their respective terms, as modified by this Agreement, except as enforceability may be limited by applicable equitable principles or by bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting creditors' rights generally.

Ratification; Reaffirmation. The Company hereby reaffirms and ratifies the Transaction Documents and agrees that this Agreement shall constitute a Transaction DocumentDocuments, each as amended, restated, modified, and/or supplemented. The Company hereby ratifies, affirms, reaffirms, acknowledges, confirms and agrees that (a) all of the Company’s obligations owing to the Note Holders HT under the Transaction Documents, as modified by this Agreement, Documents are hereby reaffirmed; and (b) the Transaction Documents are the legal, valid and binding obligations of the Company and are enforceable against the Company in accordance with their respective terms, as modified by this Agreement, except as enforceability may be limited by applicable equitable principles or by bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting creditors' rights generally.

Ratification; Reaffirmation. The Company hereby reaffirms and ratifies the Transaction Documents and agrees that this Agreement shall constitute a Transaction DocumentDocuments, each as amended, restated, modified, and/or supplemented. The Company hereby ratifies, affirms, reaffirms, acknowledges, confirms and agrees that (a) all of the Company’s obligations owing to the Note Holders High Trail under the Transaction Documents, as modified by this Agreement, Documents are hereby reaffirmed; and (b) the Transaction Documents are the legal, valid and binding obligations of the Company and are enforceable against the Company in accordance with their respective terms, as modified by this Agreement, except as enforceability may be limited by applicable equitable principles or by bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting creditors' rights generally.

Ratification; Reaffirmation. The Company hereby reaffirms and ratifies ratify the Transaction Documents Exchange Agreement and agrees that this Agreement shall constitute a Transaction Documentthe Note, each as amended, restated, modified, and/or supplemented. The Company hereby ratifies, affirms, reaffirms, acknowledges, confirms and agrees that (a) all of the Company’s obligations owing to Lender under the Exchange Agreement and the Note Holders under the Transaction Documents, as modified by this Agreement, are hereby reaffirmed; and (b) the Transaction Documents Exchange Agreement and the Note are the legal, valid and binding obligations of the Company and are enforceable against the Company Lender in accordance with their respective terms, as modified by this Agreement, except as enforceability may be limited by applicable equitable principles or by bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting creditors' rights generally.