Common use of Reaffirmation of Guarantees and Security Interests Clause in Contracts

Reaffirmation of Guarantees and Security Interests. Each Loan Party hereby acknowledges its receipt of a copy of this Amendment and its review of the terms and conditions hereof and consents to the terms and conditions of this Amendment and the transactions contemplated hereby, including the extension of credit under the Revolving Facility Increase and the Refinancing Revolving Facility. Each Loan Party hereby (a) affirms and confirms its guarantees, pledges, grants and other undertakings under the Credit Agreement and the other Loan Documents to which it is a party, (b) agrees that (i) each Loan Document to which it is a party shall continue to be in full force and effect and (ii) all guarantees, pledges, grants and other undertakings thereunder shall continue to be in full force and effect and shall accrue to the benefit of the Secured Parties (as defined in the Collateral Agreement), including the Revolving Facility Amendment Lenders, and (c) acknowledges that from and after the date hereof, all extensions of credit made under the Revolving Facility Increase and the Refinancing Revolving Facility (as applicable) from time to time outstanding shall be Secured Obligations (as defined in the Collateral Agreement).

Reaffirmation of Guarantees and Security Interests. Each Loan Party hereby acknowledges its receipt of a copy of this Amendment and its review of the terms and conditions hereof and consents to the terms and conditions of this Amendment and the transactions contemplated hereby, including the extension of credit under in the Revolving Facility Increase and form of the Refinancing Revolving FacilityIncremental Term Loans. Each Loan Party hereby (a) affirms and confirms its guarantees, pledges, grants and other undertakings under the Credit Agreement and the other Loan Documents to which it is a party, (b) agrees that (i) each Loan Document to which it is a party shall continue to be in full force and effect and (ii) all guarantees, pledges, grants and other undertakings thereunder shall continue to be in full force and effect and shall accrue to the benefit of the Secured Parties (as defined in the Collateral Agreement), including the Revolving Facility Incremental Term Loan Amendment Lenders, and (c) acknowledges that from and after the date hereof, all extensions of credit made under the Revolving Facility Increase and the Refinancing Revolving Facility (as applicable) Incremental Term Loans from time to time outstanding shall be Secured Obligations (as defined in the Collateral Agreement).

Reaffirmation of Guarantees and Security Interests. Each Loan Party hereby acknowledges its receipt of a copy of this Amendment and its review of the terms and conditions hereof and consents to the terms and conditions of this Amendment and the transactions contemplated hereby, including the extension of credit under in the Revolving Facility Increase and form of the Refinancing Revolving FacilityIncremental Term B-2 Loans. Each Loan Party hereby (a) affirms and confirms its guarantees, pledges, grants and other undertakings under the Credit Agreement and the other Loan Documents to which it is a party, (b) agrees that (i) each Loan Document to which it is a party shall continue to be in full force and effect and (ii) all guarantees, pledges, grants and other undertakings thereunder shall continue to be in full force and effect and shall accrue to the benefit of the Secured Parties (as defined in the Collateral Agreement)Parties, including the Revolving Facility Amendment Incremental Term B-2 Lenders, and (c) acknowledges that from and after the date hereofDelayed Draw Funding Date, all extensions of credit made under the Revolving Facility Increase and the Refinancing Revolving Facility (as applicable) Incremental Term B-2 Loans from time to time outstanding shall be Secured Obligations (as defined in the Collateral Agreement)Obligations.

Reaffirmation of Guarantees and Security Interests. Each Loan Party hereby acknowledges its receipt of a copy of this Amendment Restatement Agreement and its review of the terms and conditions hereof and consents to the terms and conditions of this Amendment Restatement Agreement and the transactions contemplated hereby, including the extension of credit under in the Revolving Facility Increase form of the Incremental Term A-1 Loans and the Refinancing Revolving FacilityIncremental Term B-1 Loans. Each Loan Party hereby (a) affirms and confirms its guarantees, pledges, grants and other undertakings under the Credit Agreement and the other Loan Documents to which it is a party, (b) agrees that (i) each Loan Document to which it is a party shall continue to be in full force and effect and (ii) all guarantees, pledges, grants and other undertakings thereunder shall continue to be in full force and effect and shall accrue to the benefit of the Secured Parties (as defined in the Collateral Agreement)Parties, including the Revolving Facility Amendment New Incremental Lenders, and (c) acknowledges that from and after the date hereof, all extensions of credit made under the Revolving Facility Increase Incremental Term A-1 Loans and the Refinancing Revolving Facility (as applicable) Incremental Term B-1 Loans from time to time outstanding shall be Secured Obligations (as defined in the Collateral Agreement)Obligations.

Reaffirmation of Guarantees and Security Interests. Each Loan Party hereby acknowledges its receipt of a copy of this Amendment and its review of the terms and conditions hereof and consents to the terms and conditions of this Amendment and the transactions contemplated hereby, including the extension of credit under the Revolving Facility Increase and the Refinancing Revolving Facility. Each Loan Party hereby (a) affirms and confirms its guarantees, pledgesits prior pledges and grants of Liens on the Collateral, grants with all such Liens continuing in full force and effect after giving effect to this Amendment, and its other undertakings under the Credit Agreement and the other Loan Documents to which it is a party, party and (b) agrees that (i) each Loan Document to which it is a party shall continue to be in full force and effect and (ii) all guarantees, pledges, prior pledges and grants of Liens on the Collateral and other undertakings thereunder shall continue to be in full force and effect and shall accrue to the benefit of the Secured Parties (as defined in the Collateral Agreement), including the Revolving Facility Amendment Lenders, and (c) acknowledges that from and after the date hereof, all extensions of credit made under the Revolving Facility Increase and the Refinancing Revolving Facility (as applicable) from time to time outstanding shall be Secured Obligations (as defined in the Collateral Agreement)Parties.

Reaffirmation of Guarantees and Security Interests. Each Loan Party hereby acknowledges its receipt of a copy of this Amendment and its review of the terms and conditions hereof and consents to the terms and conditions of this Amendment and the transactions contemplated hereby, including the extension of credit under in the Revolving Facility Increase and form of the Refinancing Revolving FacilityIncremental Term B-3 Loans. Each Loan Party hereby (a) affirms and confirms its guarantees, pledges, grants and other undertakings under the Credit Agreement and the other Loan Documents to which it is a party, (b) agrees that (i) each Loan Document to which it is a party shall continue to be in full force and effect and (ii) all guarantees, pledges, grants and other undertakings thereunder shall continue to be in full force and effect and shall accrue to the benefit of the Secured Parties (as defined in the Collateral Agreement)Parties, including the Revolving Facility Amendment Incremental Term B-3 Lenders, and (c) acknowledges that from and after the date hereofDelayed Draw Funding Date, all extensions of credit made under the Revolving Facility Increase and the Refinancing Revolving Facility (as applicable) Incremental Term B-3 Loans from time to time outstanding shall be Secured Obligations (as defined in the Collateral Agreement)Obligations.

Reaffirmation of Guarantees and Security Interests. Each Loan Party hereby acknowledges its receipt of a copy of this Amendment and its review of the terms and conditions hereof and consents to the terms and conditions of this Amendment and the transactions contemplated herebythereby, including the extension of credit under in the form of the Incremental Revolving Facility Increase and the Refinancing Revolving FacilityCredit Commitments. Each Loan Party hereby (a) affirms and confirms its guarantees, pledges, grants and other undertakings under the Credit Agreement and the other Loan Documents to which it is a party, (b) agrees that (i) each Loan Document to which it is a party shall continue to be in full force and effect and (ii) all guarantees, pledges, grants and other undertakings thereunder shall continue to be in full force and effect and shall accrue to the benefit of the Secured Parties (as defined in the Collateral Agreement)Parties, including the Incremental Revolving Facility Amendment Lenders, and (c) acknowledges that from and after the date hereof, all extensions of credit made under the Incremental Revolving Facility Increase Credit Commitments and the Refinancing Revolving Facility (as applicable) Loans thereunder from time to time outstanding shall be deemed to be Secured Obligations (as defined in the Collateral Agreement)Obligations.

Reaffirmation of Guarantees and Security Interests. Each Loan Party hereby acknowledges its receipt of a copy of this Amendment Agreement and its review of the terms and conditions hereof of this Agreement and consents to the terms and conditions of this Amendment Agreement and the transactions contemplated herebyTransactions, including the extension of credit under in the Revolving Facility Increase and form of the Refinancing Revolving FacilityIncremental Term Loans. Each Loan Party hereby (a) affirms and confirms its guarantees, pledges, grants and other undertakings under the Credit Agreement and the other Loan Documents to which it is a party, (b) agrees that (i) each Loan Document to which it is a party shall continue to be in full force and effect and (ii) all guarantees, pledges, grants and other undertakings thereunder shall continue to be in full force and effect and shall accrue to the benefit of the Secured Parties (as defined in the Guarantee and Collateral Agreement), including the Revolving Facility Amendment Incremental Term Lenders, and (c) acknowledges that from and after the date hereofof this Agreement, all extensions of credit made under the Revolving Facility Increase and the Refinancing Revolving Facility (as applicable) from time to time outstanding Incremental Term Loans shall be Secured deemed to be Obligations (as defined in the Guarantee and Collateral Agreement).

Reaffirmation of Guarantees and Security Interests. Each Loan Party hereby acknowledges its receipt of a copy of this Third Amendment and its review of the terms and conditions hereof and consents to the terms and conditions of this Third Amendment and the transactions contemplated hereby. Except as provided in this Third Amendment, including as it relates to the extension scope of credit under Obligations secured by the Revolving Facility Increase Collateral on and after the Refinancing Revolving Facility. Each Third Amendment Effective Date, each Loan Party hereby (a) affirms and confirms its guarantees, pledges, grants and other undertakings under the Existing Credit Agreement Agreement, the Guarantee and Collateral Agreement, and the other Loan Credit Documents to which it is a party, party and (b) agrees that (i) each Loan Credit Document to which it is a party shall continue to be in full force and effect and (ii) all guarantees, pledges, grants and other undertakings thereunder shall continue to be in full force and effect and shall accrue to the benefit of the Secured Parties (as defined in the Collateral Agreement)Parties, including the Revolving Facility Amendment Floor Plan Lenders. In furtherance of the foregoing, each Loan Party party hereto affirms and (c) acknowledges that from confirms its guarantee of the Obligations as a “Guarantor” party to the Guarantee and after the date hereof, all extensions of credit made under the Revolving Facility Increase and the Refinancing Revolving Facility (as applicable) from time to time outstanding shall be Secured Obligations (as defined in the Collateral Agreement).

Reaffirmation of Guarantees and Security Interests. Each Loan Party hereby acknowledges its receipt of a copy of this Amendment and its review of the terms and conditions hereof and consents to the terms and conditions of this Amendment and the transactions contemplated herebythereby, including the extension of credit under in the Revolving Facility Increase and form of the Refinancing Revolving FacilityIncremental Term Loans. Each Loan Party hereby (a) affirms and confirms its guarantees, pledges, grants and other undertakings under the Credit Agreement and the other Loan Documents to which it is a party, (b) agrees that (i) each Loan Document to which it is a party shall continue to be in full force and effect and (ii) all guarantees, pledges, grants and other undertakings thereunder shall continue to be in full force and effect and shall accrue to the benefit of the Secured Parties (as defined in the Collateral Agreement), including the Revolving Facility Incremental Amendment Additional Term Lenders, and (c) acknowledges that from and after the date hereof, all extensions of credit made under the Revolving Facility Increase and the Refinancing Revolving Facility (as applicable) Incremental Term Loans from time to time outstanding shall be deemed to be Secured Obligations (as defined in the Collateral Agreement).

Reaffirmation of Guarantees and Security Interests. Each Loan Party hereby acknowledges its receipt of a copy of this First Amendment and its review of the terms and conditions hereof and consents to the terms and conditions of this First Amendment and the transactions contemplated hereby. Except as provided in this First Amendment, including as it relates to the extension scope of credit under Obligations secured by the Revolving Facility Increase Collateral on and after the Refinancing Revolving Facility. Each First Amendment Effective Date, each Loan Party hereby (a) affirms and confirms its guarantees, pledges, grants and other undertakings under the Existing Credit Agreement Agreement, the Guarantee and Collateral Agreement, and the other Loan Credit Documents to which it is a partyparty (other than in respect of the Old Port Collateral), and (b) agrees that (i) each Loan Credit Document to which it is a party shall continue to be in full force and effect and (ii) all guarantees, pledges, grants and other undertakings thereunder (other than in respect of the Old Port Collateral) shall continue to be in full force and effect and shall accrue to the benefit of the Secured Parties (Parties. In furtherance of the foregoing, each Loan Party party hereto affirms and confirms its guarantee of the Obligations as defined in a “Guarantor” party to the Guarantee and Collateral Agreement), including the Revolving Facility Amendment Lenders, and (c) acknowledges that from and after the date hereof, all extensions of credit made under the Revolving Facility Increase and the Refinancing Revolving Facility (as applicable) from time to time outstanding shall be Secured Obligations (as defined in the Collateral Agreement).

Reaffirmation of Guarantees and Security Interests. Each Loan Party hereby acknowledges its receipt of a copy of this Amendment Agreement and its review of the terms and conditions hereof and consents to the terms and conditions of this Amendment Agreement and the transactions contemplated herebythereby, including the extension of credit under in the form of the Incremental Revolving Facility Increase and the Refinancing Revolving FacilityCredit Commitments. Each Loan Party hereby (a) affirms and confirms its guarantees, pledges, grants and other undertakings under the Credit Agreement and the other Loan Documents to which it is a party, (b) agrees that (i) each Loan Document to which it is a party shall continue to be in full force and effect and (ii) all guarantees, pledges, grants and other undertakings thereunder shall continue to be in full force and effect and shall accrue to the benefit of the Secured Parties (as defined in the Guarantee and Collateral Agreement), including the Incremental Revolving Facility Amendment Credit Lenders, and (c) acknowledges that from and after the date hereofof this Agreement, all extensions of credit made under the Incremental Revolving Facility Increase and the Refinancing Revolving Facility (as applicable) from time to time outstanding Credit Commitments shall be Secured deemed to be Obligations (as defined in the Guarantee and Collateral Agreement).