Ratification Clause Example with 5 Variations from Business Contracts

Ratification. The Credit Parties each hereby acknowledge, represent, warrant and confirm to Lender that: (i) each of the Loan Documents executed by the Credit Parties are valid and binding obligations of the Credit Parties, respectively and as applicable, enforceable thereagainst against the Credit Parties in accordance with their respective terms; (ii) all obligations Obligations of the Credit Parties under the Credit Agreement, all the other Loan Documents are, and this Amendment, shall be and continue to b...e and remain (after execution of this Amendment and the Debt Purchase Agreement) secured by and under the Loan Documents, including the Security Agreements, the Guaranty Guarantee Agreements, the UCC Financing Statements, Pledge Agreement, the Validity Certificate, and all other Loan Documents; the UCC-l's; and (iii) there are no defenses, setoffs, counterclaims, cross-actions or equities in favor of the Credit Parties to or against the enforcement of any of the Loan Documents, and to the extent the Credit Parties have any defenses, setoffs, counterclaims, cross-actions or equities against the Lender and/or against the enforceability of any of the Loan Documents, the Credit Parties acknowledge and agree that same are hereby fully and unconditionally waived by the Credit Parties; and (iv) no oral representations, statements, or inducements have been made by Lender Lender, or any agents agent or representatives representative of the Lender Lender, with respect to the Credit Agreement, this Amendment, or any of other Loan Documents, or the Loan Documents. Debt Purchase Agreement. View More

Ratification. The Credit Parties each hereby acknowledge, represent, warrant and confirm to Lender that: (i) each of the Loan Documents executed by the Credit Parties are valid and binding obligations of the Credit Parties, respectively and as applicable, enforceable thereagainst against the Credit Parties in accordance with their respective terms; (ii) all obligations Obligations of the Credit Parties under the Credit Agreement, all the other Loan Documents are, and this Amendment, shall be and continue to b...e and remain (after execution of this Amendment and the Debt Purchase Agreement) secured by and under the Loan Documents, including the Security Agreements, the Guaranty Agreements, Guarantee Agreement, the UCC Financing Statements, Pledge Agreement, the Validity Certificate, and all other Loan Documents; the UCC-1's; and (iii) there are no defenses, setoffs, counterclaims, cross-actions or equities in favor of the Credit Parties to or against the enforcement of any of the Loan Documents, and to the extent the Credit Parties have any defenses, setoffs, counterclaims, cross-actions or equities against the Lender and/or against the enforceability of any of the Loan Documents, the Credit Parties acknowledge and agree that same are hereby fully and unconditionally waived by the Credit Parties; and (iv) no oral representations, statements, or inducements have been made by Lender Lender, or any agents agent or representatives representative of the Lender Lender, with respect to the Credit Agreement, this Amendment, or any of other Loan Documents, or the Loan Documents. Debt Purchase Agreement. View More

Ratification. The Credit Parties hereby acknowledge, represent, warrant and confirm to Lender that: (i) each of the Loan Documents executed by the Credit Parties are valid and binding obligations of the Credit Parties, enforceable thereagainst in accordance with their respective terms; (ii) all obligations of the Credit Parties under all the Loan Documents are, shall be and continue to be secured by and under the Security Agreements, the Guaranty Agreements, the UCC Financing Statements, and all other Loan Do...cuments; and (iii) there are no defenses, setoffs, counterclaims, cross-actions or equities in favor of the Credit Parties to or against the enforcement of any of the Loan Documents, and to the extent the Credit Parties have any defenses, setoffs, counterclaims, cross-actions or equities against the Lender and/or against the enforceability of any of the Loan Documents, the Credit Parties acknowledge and agree that same are hereby fully and unconditionally waived by the Credit Parties; and (iv) no oral representations, statements, or inducements have been made by Lender or any agents or representatives of the Lender with respect to any of the Loan Documents. View More

Ratification. The Credit Parties hereby acknowledge, represent, warrant and confirm to the Lender that: (i) the Amended Credit Agreement, as further amended hereby, and each of the Loan Documents executed by the Credit Parties are valid and binding obligations of the Credit Parties, enforceable thereagainst against the Credit Parties in accordance with their respective terms; (ii) all obligations of the Credit Parties under all the Amended Credit Agreement, as further amended hereby, and each of the Loan Docu...ments are, shall be and continue to be secured by and under the respective Security Agreements, Agreements entered into by the Guaranty Agreements, Credit Parties in connection with the UCC Financing Statements, Credit Agreement and all other Loan Documents; (iii) there are no defenses, setoffs, counterclaims, cross-actions or equities in favor of the Credit Parties to or against the enforcement of the Amended Credit Agreement, as further amended hereby, or any of the Loan Documents, and to the extent the Credit Parties have any defenses, setoffs, counterclaims, cross-actions or equities against the Lender and/or against the enforceability of the Amended Credit Agreement, as further amended hereby, or any of the Loan Documents, the Credit Parties acknowledge and agree that same are hereby fully and unconditionally waived by the Credit Parties; waived; and (iv) no oral representations, statements, or inducements have been made by the Lender or any agents or representatives of the Lender with respect to the Amended Credit Agreement, as further amended hereby, or any of the Loan Documents. View More

Ratification. The Credit Parties hereby acknowledge, represent, warrant and confirm to the Lender that: (i) the Credit Agreement, as further amended hereby, and each of the Loan Documents executed by the Credit Parties are valid and binding obligations of the Credit Parties, enforceable thereagainst against the Credit Parties in accordance with their respective terms; (ii) all obligations of the Credit Parties under all the Credit Agreement, as further amended hereby, and each of the Loan Documents are, shall... be and continue to be secured by and under the respective Security Agreements, Agreements entered into by the Guaranty Agreements, Credit Parties in connection with the UCC Financing Statements, Credit Agreement and all other Loan Documents; (iii) there are no defenses, setoffs, counterclaims, cross-actions or equities in favor of the Credit Parties to or against the enforcement of the Credit Agreement, as further amended hereby, or any of the Loan Documents, and to the extent the Credit Parties have any defenses, setoffs, counterclaims, cross-actions or equities against the Lender and/or against the enforceability of the Credit Agreement, as further amended hereby, or any of the Loan Documents, the Credit Parties acknowledge and agree that same are hereby fully and unconditionally waived by the Credit Parties; waived; and (iv) no oral representations, statements, or inducements have been made by the Lender or any agents or representatives of the Lender with respect to the Credit Agreement, as further amended hereby, or any of the Loan Documents. View More