Common use of Validity of Liens and Credit Documents Clause in Contracts

Validity of Liens and Credit Documents. Each Credit Party hereby ratifies and reaffirms the validity, enforceability (except as the enforceability thereof may be limited by bankruptcy, insolvency or similar laws affecting creditors’ rights generally and subject to general principles of equity) and binding nature of the Credit Documents, and the validity, enforceability (except as the enforceability thereof may be limited by bankruptcy, insolvency or similar laws affecting creditors’ rights generally and subject to general principles of equity) and perfection of the Liens and security interests granted to Collateral Agent for the benefit of the Secured Parties to secure any of the Secured Obligations (as defined in the Security Agreement and including after giving effect to the Amended Credit Agreement) by each Credit Party pursuant to the Credit Documents to which any Credit Party is a party, and agrees that the Liens and security interests granted pursuant to the Credit Documents shall continue to secure the Obligations under the Amended Credit Agreement, and hereby confirms and agrees that notwithstanding the effectiveness of this Agreement and the Amended Credit Agreement, and except as expressly amended by this Agreement or pursuant to the Amended Credit Agreement, each such Credit Document is, and shall continue to be, in full force and effect and each is hereby ratified and confirmed in all respects, except that, on and after the effectiveness of this Agreement and the Amended Credit Agreement, each reference in the Credit Documents to the “Credit Agreement”, “thereunder”, “thereof” (and each reference in the Credit Agreement to this “Agreement”, “hereunder” or “hereof”) or words of like import shall mean and be a reference to the Amended Credit Agreement.

Appears in 9 contracts

Samples: Credit Agreement (Wynn Las Vegas LLC), Credit Agreement (Wynn Resorts LTD), Credit Agreement (Wynn Resorts LTD)

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Validity of Liens and Credit Documents. Each The Borrower and each other Credit Party hereby agrees and confirms that the Credit Agreement and each other Credit Document constitutes a legal, valid and binding obligation of the Borrower and each other Credit Party, in each case, to the extent party to such Credit Document, enforceable against the Borrower and each other Credit Party in accordance with its terms. The Borrower and each other Credit Party hereby ratifies and reaffirms its prior grant and the validity, validity and enforceability (except as the enforceability thereof may be limited by bankruptcywithout defense, insolvency counterclaim or similar laws affecting creditors’ rights generally and subject to general principles offset of equityany kind) and binding nature of the Credit Documents, and the validity, enforceability (except as the enforceability thereof may be limited by bankruptcy, insolvency or similar laws affecting creditors’ rights generally and subject to general principles of equity) and perfection of the Liens and security interests granted to the Collateral Agent for the benefit of the Secured Parties to secure any of the Secured Obligations (as defined in by the Security Agreement Borrower and including after giving effect to the Amended Credit Agreement) by each other Credit Party pursuant to the Credit Documents to which any Credit Party is a party, and agrees that the Liens and security interests granted pursuant to the Credit Documents shall continue to secure the Obligations under the Amended Credit Agreement, and hereby confirms and agrees that notwithstanding the effectiveness of all such Liens and security interests shall continue, unimpaired, in full force and effect, after giving effect to this Agreement and the Amended Credit Agreement, and except Waiver. Except as expressly amended by this Agreement or pursuant to the Amended Credit AgreementWaiver, each such Credit Document is, and shall continue to be, in full force and effect and each is hereby ratified and confirmed in all respects, except that, on and after the effectiveness of this Agreement and the Amended Credit AgreementWaiver, each reference in the Credit Documents to the “Credit Agreement”, “thereunder”, “thereof” (and each reference in the Credit Agreement to this “Agreement”, “hereunder” or “hereof”) or words of like import shall mean and be a reference to the Amended Credit Agreement as amended by this Waiver. This Waiver shall constitute a “Credit Document” for purposes of the Credit Agreement.

Appears in 3 contracts

Samples: Credit Agreement (Synchronoss Technologies Inc), Credit Agreement (Synchronoss Technologies Inc), Credit Agreement (Synchronoss Technologies Inc)

Validity of Liens and Credit Documents. Each The Borrower, each Parent Guarantor and each other Credit Party hereby ratifies and reaffirms the validity, validity and enforceability (except as the enforceability thereof may be limited by bankruptcy, insolvency or similar laws affecting creditors’ rights generally and subject to general principles of equity) and binding nature of the Credit Documents, and the validity, enforceability (except as the enforceability thereof may be limited by bankruptcy, insolvency or similar laws affecting creditors’ rights generally and subject to general principles of equity) and perfection of the Liens and security interests granted to Collateral the Administrative Agent for the benefit of the Secured Parties to secure any of the Secured Obligations (as defined in by the Security Agreement and including after giving effect to the Amended Credit Agreement) by Borrower, each Parent Guarantor or any other Credit Party pursuant to the Credit Documents to which any of the Borrower, each Parent Guarantor or any other Credit Party is a party, and agrees that the Liens and security interests granted pursuant to the Credit Documents shall continue to secure the Obligations under the Amended Credit Agreement, party and hereby confirms and agrees that notwithstanding the effectiveness of this Agreement Amendment and the Amended Credit Agreement, and except as expressly amended by this Agreement Amendment or pursuant to the Amended Credit Agreement, each such Credit Document is, and shall continue to be, in full force and effect and each is hereby ratified and confirmed in all respects, except that, on and after the effectiveness of this Agreement Amendment and the Amended Credit Agreement, (i) each reference in the Credit Documents to the “Credit Agreement”, “thereunder”, “thereof” (and each reference in the Credit Agreement to this “Agreement”, “hereunder” or “hereof”) or words of like import shall mean and be a reference to the Amended Credit AgreementAgreement (as amended and modified hereby), and (ii) all references to “Revolving Credit Loans” and “Revolving Credit Commitments” in the Credit Documents shall be deemed to be references to the Revolving Credit Loans and Revolving Credit Commitments, as amended hereby (including the Refinancing Revolving Loans and the Refinancing Revolving Commitments), unless the context otherwise requires.

Appears in 1 contract

Samples: Credit Agreement (WideOpenWest, Inc.)

Validity of Liens and Credit Documents. Each The Borrower, the Parent Guarantor and each other Credit Party hereby ratifies and reaffirms the validity, validity and enforceability (except as the enforceability thereof may be limited by bankruptcy, insolvency or similar laws affecting creditors’ rights generally and subject to general principles of equity) and binding nature of the Credit Documents, and the validity, enforceability (except as the enforceability thereof may be limited by bankruptcy, insolvency or similar laws affecting creditors’ rights generally and subject to general principles of equity) and perfection of the Liens and security interests granted to Collateral the Administrative Agent for the benefit of the Secured Parties to secure any of the Secured Obligations (as defined in by the Security Agreement and including after giving effect to Borrower, the Amended Credit Agreement) by each Parent Guarantor or any other Credit Party pursuant to the Credit Documents to which any of the Borrower, the Parent Guarantor or any other Credit Party is a party, and agrees that the Liens and security interests granted pursuant to the Credit Documents shall continue to secure the Obligations under the Amended Credit Agreement, party and hereby confirms and agrees that notwithstanding the effectiveness of this Agreement Amendment and the Amended Credit Agreement, and except as expressly amended by this Agreement Amendment or pursuant to the Amended Credit Agreement, each such Credit Document is, and shall continue to be, in full force and effect and each is hereby ratified and confirmed in all respects, except that, on and after the effectiveness of this Agreement Amendment and the Amended Credit Agreement, (i) this Amendment shall constitute a Credit Document for the purposes of the Credit Agreement from and after the Eighth Amendment Effective Date and each reference in the Credit Documents to the “Credit Agreement”, “thereunder”, “thereof” (and each reference in the Credit Agreement to this “Agreement”, “hereunder” or “hereof”) or words of like import shall mean and be a reference to the Amended Existing Credit AgreementAgreement (as amended and modified hereby), and (ii) unless the context otherwise requires, (x) both of the Refinancing Term B Loans and the Additional Term B Loans shall constitute “Term B Loans” under the Credit Agreement and the other Credit Documents, and all references to “Term B Loans” in the Credit Agreement shall no longer include the Existing Term B Loans and shall be deemed to, and shall constitute, references to Eighth Amendment Term B Loans and (y) all references to “Revolving Credit Loans” and “Revolving Credit Commitments” in the Credit Documents shall be deemed to be references to the Revolving Credit Loans and Revolving Credit Commitments, as amended and increased hereby.

Appears in 1 contract

Samples: Credit Agreement (WideOpenWest, Inc.)

Validity of Liens and Credit Documents. Each The Borrower, each Parent Guarantor and each other Credit Party hereby ratifies and reaffirms the validity, validity and enforceability (except as the enforceability thereof may be limited by bankruptcy, insolvency or similar laws affecting creditors’ rights generally and subject to general principles of equity) and binding nature of the Credit Documents, and the validity, enforceability (except as the enforceability thereof may be limited by bankruptcy, insolvency or similar laws affecting creditors’ rights generally and subject to general principles of equity) and perfection of the Liens and security interests granted to Collateral the Administrative Agent for the benefit of the Secured Parties to secure any of the Secured Obligations (as defined in by the Security Agreement and including after giving effect to the Amended Credit Agreement) by Borrower, each Parent Guarantor or any other Credit Party pursuant to the Credit Documents to which any of the Borrower, each Parent Guarantor or any other Credit Party is a party, and agrees that the Liens and security interests granted pursuant to the Credit Documents shall continue to secure the Obligations under the Amended Credit Agreement, party and hereby confirms and agrees that notwithstanding the effectiveness of this Agreement Amendment and the Amended Credit Agreement, and except as expressly amended by this Agreement Amendment or pursuant to the Amended Credit Agreement, each such Credit Document is, and shall continue to be, in full force and effect and each is hereby ratified and confirmed in all respects, except that, on and after the effectiveness of this Agreement Amendment and the Amended Credit Agreement, (i) each reference in the Credit Documents to the “Credit Agreement”, “thereunder”, “thereof” (and each reference in the Credit Agreement to this “Agreement”, “hereunder” or “hereof”) or words of like import shall mean and be a reference to the Amended Existing Credit AgreementAgreement (as amended and modified hereby), and (ii) all references to “Term B Loans” in the Credit Documents shall be deemed to include the New Term B Loans.

Appears in 1 contract

Samples: Credit Agreement (WideOpenWest Finance, LLC)

Validity of Liens and Credit Documents. Each The Borrower, each Parent Guarantor and each other Credit Party hereby ratifies and reaffirms the validity, validity and enforceability (except as the enforceability thereof may be limited by bankruptcy, insolvency or similar laws affecting creditors' rights generally and subject to general principles of equity) and binding nature of the Credit Documents, and the validity, enforceability (except as the enforceability thereof may be limited by bankruptcy, insolvency or similar laws affecting creditors’ rights generally and subject to general principles of equity) and perfection of the Liens and security interests granted to Collateral the Administrative Agent for the benefit of the Secured Parties to secure any of the Secured Obligations (as defined in by the Security Agreement and including after giving effect to the Amended Credit Agreement) by Borrower, each Parent Guarantor or any other Credit Party pursuant to the Credit Documents to which any of the Borrower, each Parent Guarantor or any other Credit Party is a party, and agrees that the Liens and security interests granted pursuant to the Credit Documents shall continue to secure the Obligations under the Amended Credit Agreement, party and hereby confirms and agrees that notwithstanding the effectiveness of this Agreement Amendment and the Amended Credit Agreement, and except as expressly amended by this Agreement Amendment or pursuant to the Amended Credit Agreement, each such Credit Document is, and shall continue to be, in full force and effect and each is hereby ratified and confirmed in all respects, except that, on and after the effectiveness of this Agreement Amendment and the Amended Credit Agreement, (i) each reference in the Credit Documents to the "Credit Agreement", "thereunder", "thereof" (and each reference in the Credit Agreement to this "Agreement", "hereunder" or "hereof") or words of like import shall mean and be a reference to the Amended Credit AgreementAgreement (as amended hereby) and (ii) all references to "Term B-1 Loans" in the Credit Documents shall be deemed to be references to the Replacement Term B-1 Loans.

Appears in 1 contract

Samples: Credit Agreement (WideOpenWest Finance, LLC)

Validity of Liens and Credit Documents. Each The Borrower and each other Credit Party hereby agrees and confirms that the Credit Agreement and each other Credit Document constitutes a legal, valid and binding obligation of the Borrower and each other Credit Party, in each case, to the extent party to such Credit Document, enforceable against the Borrower and each other Credit Party in accordance with its terms. The Borrower and each other Credit Party hereby ratifies and reaffirms its prior grant and the validity, validity and enforceability (except as the enforceability thereof may be limited by bankruptcywithout defense, insolvency counterclaim or similar laws affecting creditors’ rights generally and subject to general principles offset of equityany kind) and binding nature of the Credit Documents, and the validity, enforceability (except as the enforceability thereof may be limited by bankruptcy, insolvency or similar laws affecting creditors’ rights generally and subject to general principles of equity) and perfection of the Liens and security interests granted to the Collateral Agent for the benefit of the Secured Parties to secure any of the Secured Obligations (as defined in by the Security Agreement Borrower and including after giving effect to the Amended Credit Agreement) by each other Credit Party pursuant to the Credit Documents to which any Credit Party is a party, and agrees that the Liens and security interests granted pursuant to the Credit Documents shall continue to secure the Obligations under the Amended Credit Agreement, and hereby confirms and agrees that notwithstanding the effectiveness of all such Liens and security interests shall continue, unimpaired, in full force and effect, after giving effect to this Agreement and the Amended Credit Agreement, and except . Except as expressly amended by this Agreement or pursuant to the Amended Credit Agreement, each such Credit Document is, and shall continue to be, in full force and effect and each is hereby ratified and confirmed in all respects, except that, on and after the effectiveness of this Agreement and the Amended Credit Agreement, each reference in the Credit Documents to the “Credit Agreement”, “thereunder”, “thereof” (and each reference in the Credit Agreement to this “Agreement”, “hereunder” or “hereof”) or words of like import shall mean and be a reference to the Amended Credit Agreement as amended by this Agreement. This Agreement shall constitute a “Credit Document” for purposes of the Credit Agreement. 7.

Appears in 1 contract

Samples: Credit Agreement (Synchronoss Technologies Inc)

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Validity of Liens and Credit Documents. Each The Borrower, each Parent Guarantor and each other Credit Party hereby ratifies and reaffirms the validity, validity and enforceability (except as the enforceability thereof may be limited by bankruptcy, insolvency or similar laws affecting creditors’ rights generally and subject to general principles of equity) and binding nature of the Credit Documents, and the validity, enforceability (except as the enforceability thereof may be limited by bankruptcy, insolvency or similar laws affecting creditors’ rights generally and subject to general principles of equity) and perfection of the Liens and security interests granted to Collateral the Administrative Agent for the benefit of the Secured Parties to secure any of the Secured Obligations (as defined in by the Security Agreement and including after giving effect to the Amended Credit Agreement) by Borrower, each Parent Guarantor or any other Credit Party pursuant to the Credit Documents to which any of the Borrower, each Parent Guarantor or any other Credit Party is a party, and agrees that the Liens and security interests granted pursuant to the Credit Documents shall continue to secure the Obligations under the Amended Credit Agreement, party and hereby confirms and agrees that notwithstanding the effectiveness of this Agreement Amendment and the Amended Credit Agreement, and except as expressly amended by this Agreement Amendment or pursuant to the Amended Credit Agreement, each such Credit Document is, and shall continue to be, in full force and effect and each is hereby ratified and confirmed in all respects, except that, on and after the effectiveness of this Agreement Amendment and the Amended Credit Agreement, (i) each reference in the Credit Documents to the “Credit Agreement”, “thereunder”, “thereof” (and each reference in the Credit Agreement to this “Agreement”, “hereunder” or “hereof”) or words of like import shall mean and be a reference to the Amended Existing Credit AgreementAgreement (as amended and modified hereby), and (ii) all references to “Revolving Credit Loans” and “Revolving Credit Commitments” in the Credit Documents shall be deemed to be references to the Revolving Credit Loans and Revolving Credit Commitments, as amended hereby (including the Fourth Amendment Extended Revolving Credit Loans, the Non-Extended Revolving Credit Loans, the Fourth Amendment Extended Revolving Credit Commitments and the Non-Extended Revolving Credit Commitments), unless the context otherwise requires.

Appears in 1 contract

Samples: Credit Agreement (WideOpenWest Finance, LLC)

Validity of Liens and Credit Documents. Each The Borrower, each Parent Guarantor and each other Credit Party hereby ratifies and reaffirms the validity, validity and enforceability (except as the enforceability thereof may be limited by bankruptcy, insolvency or similar laws affecting creditors’ rights generally and subject to general principles of equity) and binding nature of the Credit Documents, and the validity, enforceability (except as the enforceability thereof may be limited by bankruptcy, insolvency or similar laws affecting creditors’ rights generally and subject to general principles of equity) and perfection of the Liens and security interests granted to Collateral the Administrative Agent for the benefit of the Secured Parties to secure any of the Secured Obligations (as defined in by the Security Agreement and including after giving effect to the Amended Credit Agreement) by Borrower, each Parent Guarantor or any other Credit Party pursuant to the Credit Documents to which any of the Borrower, each Parent Guarantor or any other Credit Party is a party, and agrees that the Liens and security interests granted pursuant to the Credit Documents shall continue to secure the Obligations under the Amended Credit Agreement, party and hereby confirms and agrees that notwithstanding the effectiveness of this Agreement Amendment and the Amended Credit Agreement, and except as expressly amended by this Agreement Amendment or pursuant to the Amended Credit Agreement, each such Credit Document is, and shall continue to be, in full force and effect and each is hereby ratified and confirmed in all respects, except that, on and after the effectiveness of this Agreement Amendment and the Amended Credit Agreement, (i) each reference in the Credit Documents to the “Credit Agreement”, “thereunder”, “thereof” (and each reference in the Credit Agreement to this “Agreement”, “hereunder” or “hereof”) or words of like import shall mean and be a reference to the Amended Credit AgreementAgreement (as amended hereby), and (ii) all references to “Term B Loans” in the Credit Documents shall be deemed to be references to the Replacement Term B Loans.

Appears in 1 contract

Samples: Credit Agreement (WideOpenWest Finance, LLC)

Validity of Liens and Credit Documents. Each The Borrower, each Parent Guarantor and each other Credit Party hereby ratifies and reaffirms the validity, validity and enforceability (except as the enforceability thereof may be limited by bankruptcy, insolvency or similar laws affecting creditors’ rights generally and subject to general principles of equity) and binding nature of the Credit Documents, and the validity, enforceability (except as the enforceability thereof may be limited by bankruptcy, insolvency or similar laws affecting creditors’ rights generally and subject to general principles of equity) and perfection of the Liens and security interests granted to Collateral the Administrative Agent for the benefit of the Secured Parties to secure any of the Secured Obligations (as defined in by the Security Agreement and including after giving effect to the Amended Credit Agreement) by Borrower, each Parent Guarantor or any other Credit Party pursuant to the Credit Documents to which any of the Borrower, each Parent Guarantor or any other Credit Party is a party, and agrees that the Liens and security interests granted pursuant to the Credit Documents shall continue to secure the Obligations under the Amended Credit Agreement, party and hereby confirms and agrees that notwithstanding the effectiveness of this Agreement Amendment and the Amended Credit Agreement, and except as expressly amended by this Agreement Amendment or pursuant to the Amended Credit Agreement, each such Credit Document is, and shall continue to be, in full force and effect and each is hereby ratified and confirmed in all respects, except that, on and after the effectiveness of this Agreement Amendment and the Amended Credit Agreement, (i) each reference in the Credit Documents to the “Credit Agreement”, “thereunder”, “thereof” (and each reference in the Credit Agreement to this “Agreement”, “hereunder” or “hereof”) or words of like import shall mean and be a reference to the Amended Credit AgreementAgreement (as amended hereby) and (ii) all references to “Term Loans” in the Credit Documents shall be deemed to be references to the Replacement Term Loans.

Appears in 1 contract

Samples: Credit Agreement (Valley Telephone Co., LLC)

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