Common use of Ratification of Obligation Clause in Contracts

Ratification of Obligation. The Borrower and SDFC do each hereby acknowledge, ratify and confirm their obligations to Lender as evidenced by the Loan Agreement (as amended by the First Amendment, the Second Amendment, the Third Amendment, the Fourth Amendment and this Fifth Amendment) and all other Loan Documents, as modified by the transactions herein contemplated.

Appears in 1 contract

Sources: Loan Agreement (Summit Bancshares Inc /Tx/)

Ratification of Obligation. The Borrower and SDFC do each hereby acknowledge, ratify and confirm their obligations to Lender as evidenced by the Loan Agreement (as amended by the First Amendment, the Second Amendment, the Third Amendment, the Fourth Amendment and this Fifth Fourth Amendment) and all other Loan Documents, as modified by the transactions herein contemplated.

Appears in 1 contract

Sources: Loan Agreement (Summit Bancshares Inc /Tx/)

Ratification of Obligation. The Borrower and SDFC do each hereby acknowledge, ratify and confirm their obligations to Lender as evidenced by the Loan Agreement (as amended by the First Amendment, the Second Amendment, the Third Amendment, the Fourth Amendment and this Fifth Third Amendment) and all other Loan Documents, as modified by the transactions herein contemplated.

Appears in 1 contract

Sources: Loan Agreement (Summit Bancshares Inc /Tx/)

Ratification of Obligation. The Borrower and SDFC do each hereby acknowledge, ratify and confirm their obligations to Lender as evidenced by the Loan Agreement (as amended by the First Amendment, the Second Amendment, the Third Amendment, the Fourth Amendment and this Fifth Second Amendment) and all other Loan Documents, as modified by the transactions herein contemplated.

Appears in 1 contract

Sources: Loan Agreement (Summit Bancshares Inc /Tx/)