Common use of Ratification of Liability Clause in Contracts

Ratification of Liability. Each Borrower Party hereby ratifies and reaffirms all of its payment and performance obligations (including, without limitation, any indemnification obligations) under the Loan Documents to which it is a party.

Appears in 3 contracts

Sources: Forbearance Agreement (Trinity Place Holdings Inc.), Forbearance Agreement (Trinity Place Holdings Inc.), Forbearance Agreement (Trinity Place Holdings Inc.)

Ratification of Liability. Each Borrower Party hereby ratifies and reaffirms all of its payment and performance obligations (including, without limitation, any indemnification obligations) under the Loan Documents to which it is a party.. ​

Appears in 3 contracts

Sources: Forbearance Agreement (Trinity Place Holdings Inc.), Forbearance Agreement (Trinity Place Holdings Inc.), Forbearance Agreement (Trinity Place Holdings Inc.)