Reaffirmation Certificate Clause Samples
A Reaffirmation Certificate is a legal document used in bankruptcy proceedings to confirm that a debtor has voluntarily agreed to remain liable for a specific debt, despite the bankruptcy discharge. This certificate is typically filed with the court and signed by both the debtor and creditor, often after the debtor receives legal advice about the consequences of reaffirming the debt. Its core practical function is to formalize the debtor’s commitment to repay a particular obligation, thereby allowing the creditor to enforce the debt post-bankruptcy and ensuring that both parties clearly understand the ongoing liability.
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Reaffirmation Certificate. A certificate executed by a duly authorized representative of Seller affirming that all representations and warranties on the part of Seller contained in this Agreement remain true and correct in all material respects, as provided in Section 8 of this Agreement.
Reaffirmation Certificate. A reaffirmation certificate stating that all of Purchaser’s representations and warranties under Section 4.3 are true and correct as of the Closing Date.
Reaffirmation Certificate. A reaffirmation certificate in accordance with the provisions of Section 4.3(a).