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 thereby, including the extension of credit in the form of the Incremental 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 Administrative Agent and Lenders, and (c) acknowledges that from and after the date hereof, all Incremental Commitments and Revolving Loans under the Credit Agreement from time to time outstanding shall be deemed to be Borrower 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 thereby, including the extension of credit in the form of the Incremental 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 Administrative Agent and Lenders, and (c) acknowledges that from and after the date hereof, all Incremental Commitments and Revolving Loans under the Credit Agreement from time to time outstanding shall be deemed to be Borrower 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 therebyhereby, including the extension of credit in the form of the Incremental CommitmentsTerm 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 Administrative Agent and Secured Parties (as defined in the Collateral Agreement), including the Incremental Term Loan Amendment Lenders, and (c) acknowledges that from and after the date hereof, all Incremental Commitments and Revolving Term Loans under the Credit Agreement from time to time outstanding shall be deemed to be Borrower ObligationsSecured 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 of this Agreement and consents to the terms and conditions of this Amendment Agreement and the transactions contemplated therebyTransactions, including the extension of credit in the form of the Incremental CommitmentsTerm 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 Administrative Agent Secured Parties (as defined in the Guarantee and Collateral Agreement), including the Incremental Term Lenders, and (c) acknowledges that from and after the date hereofof this Agreement, all Incremental Commitments and Revolving Term Loans under the Credit Agreement from time to time outstanding shall be deemed to be Borrower ObligationsObligations (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 therebyhereby. Except as provided in this Third Amendment, including as it relates to the extension scope of credit in Obligations secured by the form of Collateral on and after the Incremental Commitments. 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 Administrative Agent Secured Parties, including the Floor Plan Lenders. In furtherance of the foregoing, each Loan Party party hereto affirms and Lenders, confirms its guarantee of the Obligations as a “Guarantor” party to the Guarantee and (c) acknowledges that from and after the date hereof, all Incremental Commitments and Revolving Loans under the Credit Agreement from time to time outstanding shall be deemed to be Borrower ObligationsCollateral 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 thereby, including the extension of credit in the form of the Incremental Commitmentshereby. Each Loan Party hereby (a) affirms and confirms its guarantees, pledges, grants and other undertakings under the Credit Agreement and the other First Lien Loan Documents to which it is a party, (b) agrees that (i) each First Lien 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 Administrative Agent and Lenders, Secured Parties and (c) acknowledges that from and after the date hereof, all Incremental Commitments and Revolving Loans under the Credit Agreement from time to time outstanding shall be deemed to be Borrower Secured 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 therebyhereby, including the extension of credit in the form of the Incremental CommitmentsTerm 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 Administrative Agent and Secured Parties, including the Incremental Term B-3 Lenders, and (c) acknowledges that from and after the date hereofDelayed Draw Funding Date, all Incremental Commitments and Revolving Term B-3 Loans under the Credit Agreement from time to time outstanding shall be deemed to be Borrower Obligations.

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 therebyhereby. Except as provided in this First Amendment, including as it relates to the extension scope of credit in Obligations secured by the form of Collateral on and after the Incremental Commitments. 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 Administrative Agent Secured Parties. In furtherance of the foregoing, each Loan Party party hereto affirms and Lenders, confirms its guarantee of the Obligations as a “Guarantor” party to the Guarantee and (c) acknowledges that from and after the date hereof, all Incremental Commitments and Revolving Loans under the Credit Agreement from time to time outstanding shall be deemed to be Borrower ObligationsCollateral 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 therebyhereby, including the extension of credit in the form of the Incremental CommitmentsTerm 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 Administrative Agent and Secured Parties, including the Incremental Term B-2 Lenders, and (c) acknowledges that from and after the date hereofDelayed Draw Funding Date, all Incremental Commitments and Revolving Term B-2 Loans under the Credit Agreement from time to time outstanding shall be deemed to be Borrower 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 thereby, including the extension of credit in the form of the Incremental Revolving Credit 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 Administrative Agent and Secured Parties, including the Incremental Revolving Facility Lenders, and (c) acknowledges that from and after the date hereof, all Incremental Revolving Credit Commitments and Revolving Loans under the Credit Agreement thereunder from time to time outstanding shall be deemed to be Borrower Secured 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 thereby, including the extension of credit in the form of the Incremental CommitmentsTerm 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 Administrative Agent and Secured Parties (as defined in the Collateral Agreement), including the Incremental Amendment Additional Term Lenders, and (c) acknowledges that from and after the date hereof, all Incremental Commitments and Revolving Term Loans under the Credit Agreement from time to time outstanding shall be deemed to be Borrower ObligationsSecured Obligations (as defined in the Collateral Agreement).

Reaffirmation of Guarantees and Security Interests. Each As of the Amendment No. 1 Effective Date, Bidco, on behalf of each Loan Party 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 therebyhereby, including the extension of credit in the form of the Incremental CommitmentsRefinancing Term Loans. Each As of the Amendment No. 1 Effective Date, Bidco, on behalf of each Loan Party Party, hereby (a) affirms and confirms its the guarantees, pledges, grants and other undertakings under the Amended Credit Agreement and the other Loan Documents to which it is a partyof the Loan Parties, (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 Administrative Agent and Secured Parties, including the Refinancing Lenders, and (c) acknowledges that from and after the date hereof, all Incremental Commitments and Revolving the Refinancing Term Loans under the Credit Agreement from time to time outstanding shall be deemed to be Borrower Secured 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 and consents to the terms and conditions of this Amendment Agreement and the transactions contemplated thereby, including the extension of credit in the form of the Incremental Revolving Credit 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 Administrative Agent Secured Parties (as defined in the Guarantee and Collateral Agreement), including the Incremental Revolving Credit Lenders, and (c) acknowledges that from and after the date hereofof this Agreement, all Incremental Revolving Credit Commitments and Revolving Loans under the Credit Agreement from time to time outstanding shall be deemed to be Borrower ObligationsObligations (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 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 therebyhereby, including the extension of credit in the form of the Incremental CommitmentsTerm A-1 Loans and Incremental 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 Administrative Agent and Secured Parties, including the New Incremental Lenders, and (c) acknowledges that from and after the date hereof, all Incremental Commitments Term A-1 Loans and Revolving Incremental Term B-1 Loans under the Credit Agreement from time to time outstanding shall be deemed to be Borrower Obligations.