Common use of Reaffirmation of Guaranty and Security Clause in Contracts

Reaffirmation of Guaranty and Security. The Borrower and each other Loan Party, by its signature below, hereby (a) agrees that, notwithstanding the effectiveness of this Amendment, the Collateral Documents continue to be in full force and effect and (b) affirms and confirms its guarantee of the Obligations and the pledge of and/or grant of a security interest in its assets as Collateral to secure such Obligations, all as provided in the Collateral Documents as originally executed, and acknowledges and agrees that such guarantee, pledge and/or grant continue in full force and effect in respect of, and to secure, such Obligations under the Credit Agreement and the other Loan Documents, including the Amendment No. 2 Incremental Loans.

Appears in 1 contract

Samples: Senior Secured Credit Agreement (Polymer Group Inc)

AutoNDA by SimpleDocs

Reaffirmation of Guaranty and Security. The Borrower and each other Loan Party, by its signature below, hereby (a) agrees that, notwithstanding the effectiveness of this AmendmentAgreement, the Collateral Documents continue to be in full force and effect and (b) affirms and confirms its guarantee of the Obligations and the pledge of and/or grant of a security interest in its assets as the Collateral to secure such Obligations, all as provided in the Collateral Documents as originally executed, and acknowledges and agrees that such guarantee, pledge and/or grant continue in full force and effect in respect of, and to secure, such Obligations under the Credit Agreement and the other Loan Documents, including the Amendment No. 2 Incremental Refinancing Term Loans, the Replacement Revolving Credit Commitments and any Replacement Revolving Credit Loans made pursuant thereto.

Appears in 1 contract

Samples: Orbitz Worldwide, Inc.

Reaffirmation of Guaranty and Security. The Borrower Company and each other Loan Party, by its signature below, hereby (a) agrees that, notwithstanding the effectiveness of this AmendmentAgreement or the Amended and Restated Credit Agreement, the Collateral Documents continue to be in full force and effect and (b) affirms and confirms its guarantee of the Obligations and the pledge of and/or grant of a security interest in its assets as Collateral to secure such Obligations, all as provided in the Collateral Documents as originally executed, and acknowledges and agrees that such guarantee, pledge and/or grant continue in full force and effect in respect of, and to secure, such Obligations under the Amended and Restated Credit Agreement and the other Loan Documents, including the Amendment No. 2 Incremental Loans.

Appears in 1 contract

Samples: Credit Agreement (DJO Finance LLC)

Reaffirmation of Guaranty and Security. The Each of the Borrower and each other Loan Party, by its signature below, hereby (a) agrees that, notwithstanding the effectiveness of this AmendmentAgreement, the Collateral Documents continue to be in full force and effect and (b) affirms and confirms its guarantee of the Obligations (in the case of each Loan Party other than the Borrower) and the pledge of and/or grant of a security interest in its assets as Collateral pursuant to the Collateral Documents to secure such Obligations, all as provided in the Collateral Documents as originally executed, and acknowledges and agrees that such guarantee, pledge and/or and grant continue in full force and effect in respect of, and to secure, such Obligations under the Second Restated Credit Agreement and the other Loan Documents, including the Amendment No. 2 Incremental Loans.

Appears in 1 contract

Samples: Confidential Treatment Requested (Neiman Marcus, Inc.)

Reaffirmation of Guaranty and Security. The Borrower Company and each other Loan Party, by its signature below, hereby (a) agrees that, notwithstanding the effectiveness of this AmendmentAgreement, the Collateral Documents continue to be in full force and effect and (b) affirms and confirms its guarantee of the Obligations and the pledge of and/or grant of a security interest in its assets as Collateral to secure such Obligations, all as provided in the Collateral Documents as originally executed, and acknowledges and agrees that such guarantee, pledge and/or grant continue in full force and effect in respect of, and to secure, such Obligations under the Credit Agreement and the other Loan Documents, including the Amendment No. 2 Incremental Additional Tranche B-3 Term Commitments and the Additional Tranche B-3 Term Loans.

Appears in 1 contract

Samples: Refinancing Term (DJO Finance LLC)

Reaffirmation of Guaranty and Security. The Borrower and each other Loan Party, by its signature below, hereby (a) agrees that, notwithstanding the effectiveness of this Amendment, the Collateral Documents continue to be in full force and effect and (b) affirms and confirms its guarantee of the Obligations and the pledge of and/or grant of a security interest in its assets as Collateral to secure such Obligations, all as provided in the Collateral Documents as originally executed, and acknowledges and agrees that such guarantee, pledge and/or grant continue in full force and effect in respect of, and to secure, such Obligations under the Credit Agreement and the other Loan Documents, including the Amendment No. 2 Incremental Loans.1

Appears in 1 contract

Samples: Execution Version (Polymer Group Inc)

AutoNDA by SimpleDocs

Reaffirmation of Guaranty and Security. The Borrower and each other Loan Party, by its signature below, hereby (a) agrees that, notwithstanding the effectiveness of this AmendmentAgreement, the Collateral Documents continue to be in full force and effect and (b) affirms and confirms its guarantee of the Obligations and the pledge of and/or grant of a security interest in its assets as the Collateral to secure such Obligations, all as provided in the Collateral Documents as originally executed, and acknowledges and agrees that such guarantee, pledge and/or grant continue in full force and effect in respect of, and to secure, such Obligations under the Credit Agreement and the other Loan Documents, including the Amendment No. 2 Incremental Refinancing Term Loans.

Appears in 1 contract

Samples: Refinancing Term (Orbitz Worldwide, Inc.)

Reaffirmation of Guaranty and Security. The Borrower Company and each other Loan Party, by its signature below, hereby (a) agrees that, notwithstanding the effectiveness of this AmendmentAgreement, the Collateral Documents continue to be in full force and effect and (b) affirms and confirms its guarantee of the Obligations and the pledge of and/or grant of a security interest in its assets as Collateral to secure such Obligations, all as provided in the Collateral Documents as originally executed, and acknowledges and agrees that such guarantee, pledge and/or grant continue in full force and effect in respect of, and to secure, such Obligations under the Credit Agreement and the other Loan Documents, including the Amendment No. 2 Incremental Repriced Revolving Credit Commitments and the extensions of credit thereunder, the Refinancing Tranche B Term Commitments, the New Tranche B Term Commitments and the New Tranche B Term Loans.

Appears in 1 contract

Samples: DJO Finance LLC

Reaffirmation of Guaranty and Security. The Each of the Borrower and each other Loan Party, by its signature below, hereby (a) agrees that, notwithstanding the effectiveness of this AmendmentAgreement, the Collateral Documents continue to be in full force and effect and (b) affirms and confirms its guarantee of the Obligations Obligations, including the Incremental Loans (in the case of each Loan Party other than the Borrower), and the pledge of and/or grant of a security interest in its assets as Collateral pursuant to the Collateral Documents to secure such Obligations, including the Incremental Loans, all as provided in the Collateral Documents as originally executed, and acknowledges and agrees that such guarantee, pledge and/or and grant continue in full force and effect in respect of, and to secure, such Obligations under the Second Restated Credit Agreement and the other Loan Documents, including the Amendment No. 2 Incremental Loans.

Appears in 1 contract

Samples: 2 and Incremental Loan Assumption Agreement (Neiman Marcus, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!