Common use of Consent and Reaffirmation Clause in Contracts

Consent and Reaffirmation. (a) Each Subsidiary Guarantor hereby consents to this Amendment and the transactions contemplated hereby, (b) the Borrower and each Subsidiary Guarantor agree that, notwithstanding the effectiveness of this Amendment, the Guarantee and Security Agreement and each of the other Security Documents continue to be in full force and effect, (c) each Subsidiary Guarantor confirms its guarantee of the Secured Obligations (as defined in the Guarantee and Security Agreement and which definition, for clarity, incorporates by reference the Obligations under the Credit Agreement as amended hereby) and the Borrower and each Subsidiary Guarantor confirm their grant of a security interest in their assets as Collateral for the Secured Obligations, all as provided in the Loan Documents, and (d) the Borrower and each Subsidiary Guarantor acknowledge that such guarantee and/or grant continues in full force and effect in respect of, and to secure, the Secured Obligations.

Appears in 7 contracts

Sources: Senior Secured Revolving Credit Agreement (Oaktree Specialty Lending Corp), Senior Secured Revolving Credit Agreement (Fifth Street Finance Corp), Senior Secured Revolving Credit Agreement (Fifth Street Finance Corp)

Consent and Reaffirmation. (a) Each Subsidiary Guarantor hereby consents to this Amendment and the transactions contemplated hereby, (b) the each of Borrower and each Subsidiary Guarantor agree the Guarantors agrees that, notwithstanding the effectiveness of this Amendment, the Guarantee and Guarantee, the Security Agreement and each of the other Security Loan Documents continue to be in full force and effect, (c) each Subsidiary Guarantor confirms its guarantee of the Secured Guaranteed Obligations (as defined in the Guarantee and Security Agreement and which definition, for clarity, incorporates by reference the all Note P Obligations and all Note S Obligations under the Credit Arrangement Agreement as amended modified hereby) ), and each of Borrower and the Borrower and each Subsidiary Guarantor confirm their Guarantors confirms its grant of a security interest in their its assets as Collateral for the Secured Obligations, all as provided in the Loan Documents, and (d) the each of Borrower and each Subsidiary Guarantor acknowledge the Guarantors acknowledges that such guarantee and/or grant continues in full force and effect in respect of, and to secure, the Secured Obligations.

Appears in 3 contracts

Sources: Loan Arrangement and Reimbursement Agreement, Loan Arrangement and Reimbursement Agreement (Tesla Motors Inc), Loan Arrangement and Reimbursement Agreement (Tesla Motors Inc)

Consent and Reaffirmation. (a) Each Subsidiary Guarantor hereby consents to this Amendment Waiver and the transactions contemplated hereby, (b) the each of Borrower and each Subsidiary Guarantor agree the Guarantors agrees that, notwithstanding the effectiveness of this AmendmentWaiver, the Guarantee and Guarantee, the Security Agreement and each of the other Security Loan Documents continue to be in full force and effect, (c) each Subsidiary Guarantor confirms its guarantee of the Secured Guaranteed Obligations (as defined in the Guarantee and Security Agreement and which definition, for clarity, incorporates by reference the all Note P Obligations and all Note S Obligations under the Credit Arrangement Agreement as amended modified hereby) ), and each of Borrower and the Borrower and each Subsidiary Guarantor confirm their Guarantors confirms its grant of a security interest in their its assets as Collateral for the Secured Obligations, all as provided in the Loan Documents, and (d) the each of Borrower and each Subsidiary Guarantor acknowledge the Guarantors acknowledges that such guarantee and/or grant continues in full force and effect in respect of, and to secure, the Secured Obligations.

Appears in 2 contracts

Sources: Loan Arrangement and Reimbursement Agreement (Tesla Motors Inc), Loan Arrangement and Reimbursement Agreement (Tesla Motors Inc)

Consent and Reaffirmation. (a) Each Subsidiary Guarantor hereby consents to this Amendment and the transactions contemplated hereby, (b) the Borrower and each Subsidiary Guarantor agree of the Guarantors agrees that, notwithstanding the effectiveness of this Amendment, the Guarantee and Guarantee, the Security Agreement and each of the other Security Loan Documents continue to be in full force and effect, (c) each Subsidiary Guarantor confirms its guarantee of the Secured Guaranteed Obligations (as defined in the Guarantee and Security Agreement and which definition, for clarity, incorporates by reference the all Note P Obligations and all Note S Obligations under the Credit Arrangement Agreement as amended hereby) ), and the Borrower and each Subsidiary Guarantor confirm their of the Guarantors confirms its grant of a security interest in their assets as its Collateral for the Secured Obligations, all as provided in the Loan Documents, and (d) the Borrower and each Subsidiary Guarantor acknowledge of the Guarantors acknowledges that such guarantee and/or grant continues in full force and effect in respect of, and to secure, the Secured Obligations.

Appears in 2 contracts

Sources: Loan Arrangement and Reimbursement Agreement, Loan Arrangement and Reimbursement Agreement (Tesla Motors Inc)

Consent and Reaffirmation. (a) Each Subsidiary Guarantor hereby consents to this Amendment and the transactions contemplated hereby, (b) the each of Borrower and each Subsidiary Guarantor agree the Guarantors agrees that, notwithstanding the effectiveness of this Amendment, the Guarantee and Guarantee, the Security Agreement and each of the other Security Loan Documents continue to be in full force and effect, (c) each Subsidiary Guarantor confirms its guarantee of the Secured Guaranteed Obligations (as defined in the Guarantee and Security Agreement and which definition, for clarity, incorporates by reference the all Note P Obligations and all Note S Obligations under the Credit Arrangement Agreement as amended hereby) ), and each of Borrower and the Borrower and each Subsidiary Guarantor confirm their Guarantors confirms its grant of a security interest in their its assets as Collateral for the Secured Obligations, all as provided in the Loan Documents, and (d) the each of Borrower and each Subsidiary Guarantor acknowledge the Guarantors acknowledges that such guarantee and/or grant continues in full force and effect in respect of, and to secure, the Secured Obligations.

Appears in 2 contracts

Sources: Loan Arrangement and Reimbursement Agreement, Loan Arrangement and Reimbursement Agreement (Tesla Motors Inc)

Consent and Reaffirmation. (a) Each Subsidiary Guarantor hereby consents to this Amendment Waiver and the transactions contemplated hereby, (b) the Borrower and each Subsidiary Guarantor agree that, notwithstanding the effectiveness of this AmendmentWaiver, the Guarantee and Security Agreement and each of the other Security Documents continue to be in full force and effect, (c) each Subsidiary Guarantor confirms its guarantee of the Secured Obligations (as defined in the Guarantee and Security Agreement and which definition, for clarity, incorporates by reference the Obligations under the Credit Agreement as amended hereby) and the Borrower and each Subsidiary Guarantor confirm their grant of a security interest in their assets as Collateral for the Secured Obligations, all as provided in the Loan Documents, and (d) the Borrower and each Subsidiary Guarantor acknowledge that such guarantee and/or grant continues in full force and effect in respect of, and to secure, the Secured Obligations.

Appears in 1 contract

Sources: Waiver Letter (Fifth Street Finance Corp)

Consent and Reaffirmation. (a) Each Subsidiary Guarantor hereby consents to this Amendment Consent and the transactions contemplated hereby, (b) each of the Borrower and each Subsidiary Guarantor agree the Guarantors agrees that, notwithstanding the effectiveness of this AmendmentConsent, the Guarantee and Guarantee, the Security Agreement and each of the other Security Loan Documents continue to be in full force and effect, (c) each Subsidiary Guarantor confirms its guarantee of the Secured Guaranteed Obligations (as defined in the Guarantee and Security Agreement and which definition, for clarity, incorporates by reference the all Note P Obligations and all Note S Obligations under the Credit Arrangement Agreement as amended modified hereby) ), and each of Borrower and the Borrower and each Subsidiary Guarantor confirm their Guarantors confirms its grant of a security interest in their its assets as Collateral for the Secured Obligations, all as provided in the Loan Documents, and (d) the each of Borrower and each Subsidiary Guarantor acknowledge the Guarantors acknowledges that such guarantee and/or grant continues in full force and effect in respect of, and to secure, the Secured Obligations.

Appears in 1 contract

Sources: Loan Arrangement and Reimbursement Agreement (Tesla Motors Inc)