Example ContractsClausesamendments to security documents; releases of liens and subsidiary guarantorsVariants
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Ratification and Confirmation of Loan Documents. Each of the Company and each Subsidiary Guarantor hereby consents, acknowledges and agrees to the amendments set forth herein and hereby confirms and ratifies in all respects the Loan Documents to which such Person is a party (including without limitation, with respect to each Subsidiary Guarantor, the continuation of its payment and performance obligations under the Subsidiary Guaranty and, with respect to both the Company and each Subsidiary Guarantor, the continuation and extension of the liens granted under the Collateral Documents to secure the Secured Obligations), in each case after giving effect to the amendments contemplated hereby.

Ratification

Ratification. Borrower and Confirmation of Loan Documents. Eacheach Guarantor hereby confirm and ratify the Credit Agreement, the Collateral Documents and each of the Company and each Subsidiary Guarantor hereby consents, acknowledges and agrees to the amendments set forth herein and hereby confirms and ratifies in all respects theother Loan Documents to which such Personit is a party (including without limitation, with respect to each Subsidiary Guarantor,party, as amended hereby, and acknowledge and agree that the continuationsame shall continue in full force and effect, as amended hereby and by any prior amendments thereto. Nothing in this Amendment extinguishes, novates or releases any right, claim, lien, security interest or entitlement of its payment and performance obligations under the Subsidiary Guaranty and, with respect to both the Company and each Subsidiary Guarantor, the continuation and extensionany of the liens granted underLenders or the Collateral Documents to secure the Secured Obligations), in each case after giving effect to the amendments contemplated hereby.

Section # Ratification of Collateral Documents and Confirmation ofSubsidiary Guaranty. Each Loan Documents. EachParty hereby acknowledges and ratifies the existence and priority of the CompanyLiens granted by the Loan Parties in and each Subsidiary Guarantor hereby consents, acknowledges and agrees to the amendments set forth herein and hereby confirms and ratifiesCollateral in all respects the Loan Documents to which such Person is a party (including without limitation, with respect to each Subsidiary Guarantor, the continuation of its payment and performance obligations under the Subsidiary Guaranty and, with respect to both the Company and each Subsidiary Guarantor, the continuation and extensionfavor of the liens grantedSecured Parties and represents and warrants that such Liens and security interests are valid, existing and in full force and effect. Each Loan Party hereby ratifies and confirms its obligations under the Collateral Documents and the Subsidiary Guaranty, as applicable, to secure the Secured Obligations), in each case after giving effectwhich such Loan Party is a party and hereby represents and acknowledges that it has no claims, counterclaims, offsets, credits or defenses to the amendments contemplated hereby.Loan Documents or the performance of its obligations thereunder. Furthermore, each Loan Party agrees that nothing contained in this Amendment shall adversely affect any right or remedy of the Administrative Agent or the Lenders under the Collateral Documents or any of the other Loan Documents. Finally, each Loan Party hereby represents and warrants that the execution and delivery of this Amendment and the other documents executed in connection herewith shall in no way change or modify its or any other Loan Party’s obligations as a debtor, pledgor, assignor, obligor, grantor, mortgagor and/or chargor under any Collateral Document and the other Loan Documents and shall not constitute a waiver by the Administrative Agent or the Lenders of any of their rights against any Loan Party.

Ratification

Ratification. Borrower and Confirmation of Loan Documents. Eacheach Guarantor hereby confirm and ratify the Credit Agreement, the Collateral Documents and each of the Company and each Subsidiary Guarantor hereby consents, acknowledges and agrees to the amendments set forth herein and hereby confirms and ratifies in all respects theother Loan Documents to which such Personit is a party (including without limitation, with respect to each Subsidiary Guarantor,party, as amended hereby, and acknowledge and agree that the continuationsame shall continue in full force and effect, as amended hereby and by any prior amendments thereto. Nothing in this Amendment extinguishes, novates or releases any right, claim, lien, security interest or entitlement of its payment and performance obligations under the Subsidiary Guaranty and, with respect to both the Company and each Subsidiary Guarantor, the continuation and extensionany of the liens granted underLenders or the Collateral Documents to secure the Secured Obligations),Administrative Agent created by or contained in each case after giving effect to the amendments contemplated hereby.any of such documents nor is Borrower or any other Guarantor released from any covenant, warranty or obligation created by or contained herein or therein.

Ratification

Reaffirmation and Confirmation of Loan Documents.Confirmation. Each of the Company and each Subsidiary Guarantor hereby consents,ratifies, affirms, acknowledges and agrees to the amendments set forth herein and hereby confirms and ratifies in all respectsthat the Loan Agreement and the other Loan Documents to whichrepresent the valid, enforceable and collectible obligations of such Person is a party (including without limitation,Company, and further acknowledges that there are no existing claims, defenses, personal or otherwise, or rights of setoff whatsoever with respect to each Subsidiary Guarantor, the continuation of its payment and performance obligations under the Subsidiary Guaranty and, with respect to both theLoan Agreement or any other Loan Document. Each Company and each Subsidiary Guarantor, the continuation and extensionhereby agrees that this Amendment in no way acts as a release or relinquishment of the liens granted underLiens and rights securing payments of the Collateral Documents to secureObligations. The Liens and rights securing payment of the Secured Obligations),Obligations are hereby ratified and confirmed by each Company in each case after giving effect to the amendments contemplated hereby.all respects.

Ratification and Confirmation of Loan Documents. Each ofDocuments and Collateral. The Loan Documents are ratified and affirmed by the CompanyBorrower, and each Subsidiary Guarantor hereby consents, acknowledgesshall remain in full force and agreeseffect, as modified by this Amendment. Any property or rights to the amendments set forth herein and hereby confirms and ratifiesor interests in all respectsproperty granted as security in the Loan Documents to which such Person is a party (including without limitation, with respect to each Subsidiary Guarantor,shall remain as security for the continuationLoan and the obligations of its payment and performance obligations underBorrowers in the Subsidiary Guaranty and, with respect to both the Company and each Subsidiary Guarantor, the continuation and extension of the liens granted under the Collateral Documents to secure the Secured Obligations), in each case after giving effect to the amendments contemplated hereby.Loan Documents.

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