Common use of Acknowledgment and Reaffirmation Clause in Contracts

Acknowledgment and Reaffirmation. ADP hereby acknowledges (a) the terms of the Consent and the amendments to the Common Terms Agreement and the Senior DC Loan Agreement set forth therein and the other transactions contemplated thereby, and (b) the terms of the Amended and Restated Equity Contribution Agreement entered into on or prior to the date hereof, by and among the Borrower, each Shareholder, the Global Administrative Agent and the Chilean Collateral Agent, and the amendments to the Equity Contribution Agreement set forth therein and the other transactions contemplated thereby (collectively, the “Separate Amendments”). In addition, ADP hereby (i) affirms and confirms its guarantee and other undertakings under the Equity Support Guarantee Agreement on a continuous basis after giving effect to this Amendment and the Separate Amendments, and (ii) acknowledges and agrees that (A) the Equity Support Guarantee #4825-0788-8189 Agreement shall remain in full force and effect on a continuous basis after giving effect to this Amendment and the Separate Amendments, and (B) the guarantee and other undertakings, rights and obligations thereunder shall remain in full force and effect and shall accrue to the benefit of the Secured Parties, in each case on a continuous basis after giving effect to this Amendment and the Separate Amendments.

Appears in 1 contract

Sources: Equity Support Guarantee Agreement

Acknowledgment and Reaffirmation. ADP VINCI Concessions hereby acknowledges (a) the terms of the Consent and the amendments to the Common Terms Agreement and the Senior DC Loan Agreement set forth therein and the other transactions contemplated thereby, and (b) the terms of the Amended and Restated Equity Contribution Agreement entered into on or prior to the date hereof, by and among the Borrower, each Shareholder, the Global Administrative Agent and the Chilean Collateral Agent, and the amendments to the Equity Contribution Agreement set forth therein and the other transactions contemplated thereby (collectively, the “Separate Amendments”). In addition, ADP VINCI Concessions hereby (i) affirms and confirms its guarantee and other undertakings under the Equity Support Guarantee Agreement on a continuous basis after giving effect to this Amendment and the Separate Amendments, and (ii) acknowledges and agrees that (A) the Equity Support Guarantee #4825-0788-8189 Agreement shall remain in full force and effect on a continuous basis after giving effect to this Amendment and the Separate Amendments, and (B) the guarantee and other undertakings, rights and obligations thereunder shall remain in full force and effect and shall accrue to the benefit of the Secured Parties, in each case on a continuous basis after giving effect to this Amendment and the Separate Amendments.

Appears in 1 contract

Sources: Equity Support Guarantee Agreement