Reaffirmation of Existing Agreements Sample Clauses

Reaffirmation of Existing Agreements. The Fourth Loan Agreement, as heretofore amended, and the Related Documents, except to the extent expressly herein modified, are hereby ratified and affirmed and shall be and remain in full force and effect.
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Reaffirmation of Existing Agreements. Notwithstanding the provisions of Section 1.5 above, the Parties hereby acknowledge and reaffirm (a) the Tax Sharing and Indemnification Agreement dated December 31, 1997 entered into by and among Nu Skin International, Nu Skin USA, and their respective shareholders, (b) the Assumption of Liabilities and Indemnification Agreement dated effective as of December 31, 1997 entered into by and between Nu Skin International and 252nd Shelf Corporation, a Delaware corporation (now known as "Nu Skin USA, Inc."), and (c) the Employee Benefits Allocation Agreement (undated) entered into by and between Nu Skin International and Nu Skin USA (collectively, the "Existing Agreements"). The Existing Agreements shall remain in full force and effect as originally executed and are not being terminated, modified, or amended in any manner or respect by this Agreement or any of the transactions contemplated hereby.
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Reaffirmation of Existing Agreements. Employee acknowledges and agrees that throughout her employment with Employer, she has signed agreements regarding her confidentiality, work product, non solicitation and non competition obligations (the “Confidentiality Agreements”). Employee hereby reaffirms and ratifies the terms of such Confidentiality Agreements, agrees to be bound by and comply with such Confidentiality Agreements in their entirety and acknowledges and agrees that such Confidentiality Agreements remain in full force and effect and the terms thereof are not amended or altered in any way by the terms of this Agreement.
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Reaffirmation of Existing Agreements. The Executive acknowledges and reaffirms that the Executive’s existing obligations under the Employment Agreement and any other agreement to which the Executive and the Company are parties (the “Existing Agreements”) survive the end of the Executive’s employment and continue according to their respective terms, and that the Executive has fully complied with such obligations.
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Reaffirmation of Existing Agreements. 1.1 PII acknowledges, ratifies and confirms the validity and enforceability of each of the Existing Agreements. 1.2 PII and each of the Institutions agree that the balances due under and the number and amount of delinquent payments (exclusive of any late charges, default interest or other amounts resulting from the failure to pay such payments when due) under each of the Existing Agreements are set forth on each Institution's schedule within Schedule 1(1). PII acknowledges that its obligations under the Existing Agreements as set forth on Schedule 1 are enforceable according to the terms of the Existing Agreements and that no defenses, offsets, claims or counterclaims in favor of PII exist under or with respect to the Existing Agreements, including, without limitation, as to the amounts set forth on Schedule 1. 1.3 All terms, covenants, conditions and obligations of PII contained in the Existing Agreements shall continue in full force and effect, shall be enforceable against PII in accordance with their terms, and shall, except as expressly provided herein, be unmodified and unaffected by this Agreement, including, without limitation, that (a) upon completion of the revised payment schedule for the period indicated on Schedule 1, there may be monthly payments remaining under the terms of some or all of the Existing Agreements, which payments will be due and owing pursuant to the Existing Agreements unaffected by this Agreement and (b) following full satisfaction of the Lessors' Existing Agreements, PII shall retain any existing option to purchase the subject equipment on the terms and conditions that such option is available pursuant to the Existing Agreements. -------------------- (1) It is understood by the parties that the payment amounts reflected on Schedule 1 do not include any taxes, and that taxes will be billed and payable in addition to the stated payment amounts. 1.4 Nothing herein shall be or shall be deemed to be or construed to be a change of character of any lease into any other type of transaction. PII and each of the Institutions waive any right to take the position, in or outside of bankruptcy proceedings, that any lease described in a Lessor's applicable Existing Agreement is a conditional or disguised sale, a secured transaction or any other transaction other than a true lease (the "Characterization Waiver"). In any event, if any Lessor's Existing Agreement is determined to be a lease intended as security, then all of the provisions of ...
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Related to Reaffirmation of Existing Agreements

  • Ratification of Existing Agreements All existing Dual Enrollment agreements between the Trustees and the Private School are hereby modified to conform to the terms of this agreement and the appendices of this document.

  • Termination of Existing Agreements Any previous employment agreement between Executive on the one hand and Employer or any of Employer’s Affiliates (as hereinafter defined) on the other hand is hereby terminated.

  • Termination of Existing Agreement The Existing Agreement is hereby terminated and replaced and superseded by this Agreement, effective August 1, 2001. All payments, of Base Salary or otherwise, made by the Company under the Existing Agreement with respect to any period commencing on or after August 1, 2001 shall be credited against the corresponding payment obligations of the Company under this Agreement.

  • No Violation of Existing Agreements Neither the Borrower nor any ----------------------------------- Subsidiary of the Borrower is in violation of any material agreement or instrument to which it is party or by which it or any of its properties (now owned or hereafter acquired) may be subject or bound;

  • Termination of Existing Credit Agreement Receipt by the Administrative Agent of evidence that the Existing Credit Agreement concurrently with the Closing Date is being terminated and all Liens securing obligations under the Existing Credit Agreement concurrently with the Closing Date are being released.

  • Amendment of Existing Warrant Agreement The Company and the Warrant Agent hereby amend the Existing Warrant Agreement as provided in this Section 2, effective as of the Merger Effective Time, and acknowledge and agree that the amendments to the Existing Warrant Agreement set forth in this Section 2 are necessary or desirable and that such amendments do not adversely affect the interests of the registered holders:

  • Amendment and Restatement of Existing Credit Agreement Upon the execution and delivery of this Agreement, the Existing Credit Agreement shall be amended and restated to read in its entirety as set forth herein. With effect from and including the Effective Date, (i) the Commitments of each Lender party hereto shall be as set forth on Appendix A (and (a) to the extent that such Lender constitutes a lender under the Existing Credit Agreement (a “Consenting Lender”), such Consenting Lender’s commitment thereunder shall be terminated and replaced with its respective Commitment hereunder and (b) any lender under the Existing Credit Agreement that is not listed on Appendix A shall cease to be a Lender hereunder and its commitment thereunder shall be terminated; provided that, for the avoidance of doubt, such lender under the Existing Credit Agreement shall continue to be entitled to the benefits of Section 9.03 of the Existing Credit Agreement), (ii) all accrued and unpaid interest and fees and other amounts owing under the Existing Credit Agreement shall have been paid by the Borrower under the Existing Credit Agreement, whether or not such interest, fees or other amounts would otherwise be due and payable at such time pursuant to the Existing Credit Agreement, (iii) the Commitment Ratio of the Consenting Lenders shall be redetermined based on the Commitments set forth in the Appendix A and the participations of the Consenting Lenders in, and the obligations of the Consenting Lenders in respect of, any Letters of Credit or Swingline Loans outstanding on the Effective Date shall be reallocated to reflect such redetermined Commitment Ratio and (iv) each JLA Issuing Bank shall have the Fronting Sublimit set forth in Appendix B.

  • Reaffirmation of Obligations Each Loan Party (a) acknowledges and consents to all of the terms and conditions of this Amendment, (b) affirms all of its obligations under the Loan Documents and (c) agrees that this Amendment and all documents executed in connection herewith do not operate to reduce or discharge such Loan Party’s obligations under the Loan Documents.

  • Reaffirmation of the Guaranty Each Guarantor hereby ratifies, confirms, acknowledges and agrees that its obligations under its Guaranty are in full force and effect and that such Guarantor continues to unconditionally and irrevocably guarantee the full and punctual payment, when due, whether at stated maturity or earlier by acceleration or otherwise, all of the Guaranteed Obligations (as defined in its Guaranty), as such Guaranteed Obligations may have been amended by this Agreement, and its execution and deliver of this Agreement does not indicate or establish an approval or consent requirement by such Guarantor under its Guaranty in connection with the execution and delivery of amendments to the Credit Agreement, the Notes or any of the other Loan Documents.

  • Termination of Existing Tax Sharing Agreements Any and all existing Tax sharing agreements (whether written or not) binding upon the Company shall be terminated as of the Closing Date. After such date neither the Company nor any of its Representatives shall have any further rights or liabilities thereunder.

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