Reaffirmation Agreements Clause Samples

Reaffirmation Agreements. The Administrative Agent shall have received counterparts of each Reaffirmation Agreement signed on behalf of the parties thereto and the Collateral Agent.
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Reaffirmation Agreements. (A) The Reaffirmation Agreement and (B) the Reaffirmation of Foreign Pledge Agreement, each in form and substance reasonably satisfactory to the Administrative Agent.
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Reaffirmation Agreements. In connection herewith, the Company and the Negative Pledgors thereunder are executing and delivering a reaffirmation of the Loan Documents to which they are a party and an amendment of the Amended and Restated General Security Agreement dated as of March 18, 2011, as previously amended, in favor of Administrative Agent (the “Reaffirmation”) and the Guarantors are executing and delivering a reaffirmation of the Loan Documents to which they are a party and amendment of the Amendment and Restated General Security Agreement dated as of March 18, 2011, as previously amended and supplemented in favor of Administrative Agent (the “Guarantor Reaffirmation”). Without limiting the foregoing, by their signatures hereto, each Guarantor hereby reaffirms, ratifies and confirms the execution and delivery and all of the terms and provisions of, as applicable, the Loan Documents to which it is a party, and agrees that such Loan Documents remain in full force and effect, are the legal, valid and binding obligations of such Guarantor and that any guaranty contained therein extends to, and guaranties any and all Indebtedness under the Agreement, as modified from time to time, including as modified hereby and that “Loan Agreement” as used therein means the Agreement, as modified hereby and as the same may hereafter be amended, supplemented, extended, renewed, restated, replaced or otherwise modified from time to time.
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Reaffirmation Agreements. The Agent shall have received: (i) a Reaffirmation Agreement in substantially the form of ▇▇▇▇▇ ▇▇-A hereto (the “U.S. Reaffirmation Agreement”), duly executed by each Person listed on Schedule II hereto (collectively, the “U.S. Entities”); and (ii) a Reaffirmation Agreement in substantially the form of Annex II-B hereto, or in such other form as may be required under laws applicable to any Foreign Subsidiary that is a Loan Party (the “Foreign Reaffirmation Agreement”), duly executed by each Person listed on Schedule III hereto (collectively, the “Non-U.S. Entities”).
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Reaffirmation Agreements. Borrower, with respect to each of the Loan Documents to which it is a party, hereby: (a) ratifies and confirms in favor of Lender all of Borrower’s respective “Obligations,” “Secured Obligations,” or other applicable indebtedness, liabilities and obligations under each Loan Document, and acknowledges and agrees that such “Obligations,” “Secured Obligations,” or other applicable indebtedness, liabilities and obligations remain in full force and effect; and (b) without limitation of Section 6(a) above, ratifies, reaffirms and reapproves in favor of Lender the terms and provisions of each of the Loan Documents to which Borrower is a party, including (without limitation) Borrower’s respective pledges and other grants of liens and security interests pursuant to each such Loan Document, which shall continue to secure all “Secured Obligations” under (and as defined in) each such Loan Document, including (without limitation) all additional “Secured Obligations” arising as a result of the Commitment increase contemplated by this Agreement.
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Reaffirmation Agreements. Should you have a secured debt that requires a Reaffirmation Agreement be executed (i.e. a car loan for a car that you want to keep.) than you can personally appear in front of the Judge and explain to the Judge why you should be able to retain the vehicle and reaffirm the debt; or you can have the attorney certify the Reaffirmation of the Debt. If the Attorney handles the Reaffirmation Agreement there will be a charge of $75.00, but you will, generally, not need to appear in court.
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Reaffirmation Agreements. The Agent shall have received one or more reaffirmation agreements from the Obligors, in form and substance satisfactory to the Agent, pursuant to which the Obligors reaffirm the Obligations and the Loan Documents.
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Reaffirmation Agreements. Effective as of the Third Amendment Effective Date, the Lenders authorize the Administrative Agent and the Canadian Administrative Agent to enter into amendments, restatements and reaffirmations of certain of the other Basic Documents in form and substance satisfactory to the Administrative Agent and the Canadian Administrative Agent in order to (a) confirm the obligations of the respective Obligors thereunder and (b) (i) exclude from the swap obligations guaranteed or secured under the Basic Documents any swap obligation (A) that is or becomes illegal under the Commodity Exchange Act (7 U.S.C. § 1 et seq.), as amended from time to time and any successor statute (the “Commodity Exchange Act”), or any other regulation or order of the Commodity Futures Trading Commission by virtue of a guarantor failing to constitute an “eligible contract participant” as defined in the Commodity Exchange Act (“ECP”) or (B) that is designated as an excluded swap obligation in any agreement between the relevant Obligors and any counterparty ((A) and (B) collectively, the “Excluded Swap Obligations”), (ii) clarify that the proceeds of guaranties and collateral and the amounts set off with respect to any guarantor shall not be applied to any Excluded Swap Obligations of such guarantor, (iii) provide keepwell arrangements under section 1a(18)(a)(v)(II) of the Commodity Exchange Act pursuant to which ECP Obligors can effectively confer the eligible status to other Obligors that may not otherwise qualify as ECPs and (c) make certain other modifications to the Basic Documents in conformity with the amendments to the Existing Credit Agreement as described herein.
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Related to Reaffirmation Agreements

  • Reaffirmation The parties hereto confirm that this Agreement is not intended, nor shall it be deemed or construed, to effect a novation of any liens or indebtedness under the Credit Agreement or to terminate or release any liens, security interests or contractual or legal rights securing all or any part of such indebtedness. Furthermore, each of the Reaffirming Parties hereby: (a) consents to this Agreement and the transactions contemplated hereby and hereby confirms its guarantees, pledges, grants of security interests, acknowledgments, obligations and consents under the Collateral Agreement and the other Security Documents and the other Loan Documents to which it is a party and agrees that notwithstanding the effectiveness of this Agreement and the consummation of the transactions contemplated hereby, such guarantees, pledges, grants of security interests, acknowledgments, obligations and consents shall be, and continue to be, in full force and effect except as expressly set forth herein, (b) ratifies the Security Documents and the other Loan Documents to which it is a party, (c) confirms that all of the Liens and security interests created and arising under the Security Documents to which it is a party remain in full force and effect on a continuous basis, unimpaired, uninterrupted and undischarged, and having the same perfected status and priority as collateral security for the Obligations as existed prior to giving effect to this Agreement, (d) agrees that each of the representations and warranties made by each Reaffirming Party in the Security Documents to which it is a party is true and correct as to it in all material respects on and as of the date hereof (except to the extent any such representation or warranty expressly relates to a prior date, in which case such representation or warranty was true and correct in all material respects (without duplication of any materiality qualifier contained therein) as of such prior date), and (e) agrees that it shall take any action reasonably requested by the Administrative Agent in order to confirm or effect the intent of this Agreement.

  • Reaffirmations Except as expressly provided in this Amendment, all of the terms and conditions of the Loan Agreement and the other Loan Documents remain in full force and effect. Nothing contained in this Amendment shall in any way prejudice, impair or affect any rights or remedies of Agent or Lender under the Loan Agreement and the other Loan Documents. Except as specifically amended hereby, Borrower hereby ratifies, confirms, and reaffirms all covenants contained in the Loan Agreement and the other Loan Documents. The Loan Agreement, together with this Amendment, shall be read and construed as a single agreement. All references in the Loan Documents to the Loan Agreement or any other Loan Document shall hereafter refer to the Loan Agreement or any other Loan Document as amended hereby.

  • Subordination Agreements Subordination Agreements with respect to all Subordinated Debt.

  • Ratification and Reaffirmation Each Borrower hereby ratifies and reaffirms the Obligations, each of the Loan Documents and all of such Borrower's covenants, duties, indebtedness and liabilities under the Loan Documents.

  • Reaffirmation and Confirmation Borrower hereby ratifies, affirms, acknowledges and agrees that the Credit Agreement and the other Loan Documents to which it is a party represent the valid, enforceable and collectible obligations of Borrower, and further acknowledges that there are no existing claims, defenses, personal or otherwise, or rights of setoff whatsoever with respect to the Credit Agreement or any other Loan Document. Borrower hereby agrees that this Amendment in no way acts as a release or relinquishment of the Liens and rights securing payments of the Obligations. The Liens and rights securing payment of the Obligations are hereby ratified and confirmed by Borrower in all respects.