Common use of Reaffirmation of Loan Documents and Liens Clause in Contracts

Reaffirmation of Loan Documents and Liens. By its signature below, each Loan Party hereby (a) acknowledges and agrees that, except as expressly provided herein, the Credit Agreement, the Security Agreement and each of the other Loan Documents are hereby ratified and confirmed in all respects and shall remain in full force and effect, (b) ratifies and reaffirms its obligations under, and acknowledges, renews and extends its continued liability under, the Credit Agreement, the Security Agreement and each other Loan Document to which it is a party, (c) ratifies and reaffirms all of the Liens granted by it to secure the payment and performance of any of the Secured Obligations and (d) acknowledges that the execution, delivery and effectiveness of this Amendment shall not operate as a waiver of (i) any right, power or remedy of the Administrative Agent or any Lender under any of the Loan Documents or (ii) any Default now existing or hereafter arising. Upon and after the execution of this Amendment by each of the parties hereto, each reference (i) in the Existing Credit Agreement to “this Agreement”, “hereunder”, “hereof” or words of like import referring to the Existing Credit Agreement, and each reference in the other Loan Documents to “the Credit Agreement”, “thereunder”, “thereof” or words of like import referring to the Existing Credit Agreement, shall mean and be a reference to the Existing Credit Agreement as modified hereby and (ii) in the Existing Security Agreement to “this Agreement”, “hereunder”, “hereof” or words of like import referring to the Existing Security Agreement, and each reference in the other Loan Documents to “the Security Agreement”, “thereunder”, “thereof” or words of like import referring to the Existing Security Agreement, shall mean and be a reference to the Existing Security Agreement as modified hereby. This Amendment is a Loan Document, and all provisions in the Credit Agreement pertaining to Loan Documents apply hereto.

Reaffirmation of Loan Documents and Liens. By Borrower hereby ratifies, confirms, reaffirms, and acknowledges its signature below, each obligations under the Loan Party hereby (a) acknowledges Documents to which it is a party and agrees that, except as expressly provided herein, that all of the Credit Agreement, terms and provisions of the Security Loan Agreement and each of the other Loan Documents are hereby ratified shall, as amended and confirmed in all respects and shall modified hereby, remain in full force and effect, (b) ratifies and reaffirms its obligations underundiminished by this Waiver, and acknowledges, renews and extends its continued liability under, except as expressly provided herein. The Borrower hereby agrees that the Credit Agreement, modifications contained herein shall in no manner affect or impair the Security Agreement and each other Loan Document to which it is a party, (c) ratifies and reaffirms all of Obligations or the Liens granted by it to secure securing the payment and performance of any of the Secured Obligations and (d) thereof. By executing this Amendment, Borrower acknowledges that the executionit has read, delivery consulted with its attorneys regarding, and effectiveness of understands, this Amendment shall not operate as a waiver of (i) any right, power or remedy of the Administrative Agent or any Lender under any of the Loan Documents or (ii) any Default now existing or hereafter arisingWaiver. Upon On and after the execution of this Amendment by each of the parties heretodate hereof, each reference (i) in the Existing Credit Loan Agreement to “this Agreement”, “hereunder”, “hereof” or words of like import referring to the Existing Credit Loan Agreement, and each reference in each of the other Loan Documents to “the Credit Loan Agreement”, “thereunder”, “thereof” or words of like import referring to the Existing Credit Loan Agreement, shall mean and be a reference to the Existing Credit Agreement Loan Agreement, as modified hereby by this Waiver. For all purposes of the Loan Agreement and (ii) in the Existing Security Agreement to “this Agreement”, “hereunder”, “hereof” or words of like import referring to the Existing Security Agreement, and each reference in the other Loan Documents to Documents, this Waiver shall constitute a “the Security AgreementLoan Document”, “thereunder”, “thereof” or words of like import referring to the Existing Security . The Loan Agreement, shall mean and be a reference to the Existing Security Agreement as modified hereby. This Amendment by this Waiver, is a Loan Document, and shall continue to be in full force and effect and is hereby in all provisions in respects ratified and confirmed by the Credit Agreement pertaining to Loan Documents apply heretoBorrower.