Reaffirmation Clause Example with 14 Variations from Business Contracts

This page contains Reaffirmation clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Reaffirmation. Each of the Loan Parties acknowledges and reaffirms (a) that it is bound by all of the terms of the Investment Documents to which it is a party and (b) that it is responsible for the observance and full performance of all of the Obligations, including without limitation, the repayment of the Loans. Furthermore, the Loan Parties acknowledge and confirm that by entering into this Agreement, the Administrative Agent and the Lenders do not, except as expressly set forth herein, waive or release any ...term or condition of the Credit Agreement or any of the other Investment Documents or any of their rights or remedies under such Investment Documents or any applicable Law or any of the obligations of the Loan Parties thereunder. View More Arrow

Variations of a "Reaffirmation" Clause from Business Contracts

Reaffirmation. Each Loan Party hereby acknowledges and agrees that as of December 31, 2016, (a) the outstanding principal amount of the Revolving Loans is $0.00; and (b) the aggregate amount of Letters of Credit issued under the Credit Agreement is $11,090,514.00, which amounts constitute valid and subsisting obligations of each Loan Parties Party to the Administrative Agent and the Lenders that are not subject to any credits, offsets, defenses, claims, counterclaims or adjustments of any kind. Each Loan Party... hereby (i) acknowledges the existence of the Acknowledged Event of Default, (ii) acknowledges and reaffirms (a) that it is bound by all of the terms of the Investment Credit Agreement and the other Loan Documents to which it is a party and (b) (iii) acknowledges and reaffirms that it is responsible for the observance and full performance of all of the Obligations, including without limitation, the repayment of the Loans. Loans and reimbursement of any drawings on a Letter of Credit. Without limiting the generality of the preceding sentence, each of the Guarantors restates and reaffirms that it guarantees the prompt payment when due of all Obligations, in accordance with, and pursuant to the terms of the Credit Agreement. Furthermore, the Loan Parties acknowledge and confirm (A) that by entering into this Agreement, the Administrative Agent and the Lenders do not, have performed fully all of their respective obligations under the Credit Agreement and the other Loan Documents and (B) by entering into this Agreement, except as expressly set forth herein, the Lenders do not waive or release any term or condition of the Credit Agreement or any of the other Investment Loan Documents or any of their rights or remedies under such Investment Loan Documents or any applicable Law law or any of the obligations of the Loan Parties thereunder. View More Arrow
Reaffirmation. Each of the Loan Parties The Borrower acknowledges and reaffirms that (a) that it is bound by all of the terms of the Investment Loan Documents to which it is a party and (b) that it is responsible for the observance and full performance of all of the Obligations, including including, without limitation, the repayment of the Loans. Loans and reimbursement of any drawings on any Letter of Credit. Furthermore, the Borrower acknowledges and confirms that (a) the Administrative Agent, the Lenders an...d the L/C Issuers have performed fully all of their obligations under the Credit Agreement and the other Loan Parties acknowledge Documents and confirm that (b) by entering into this Agreement, Amendment, the Administrative Agent Agent, the Lenders and the Lenders L/C Issuers do not, except as expressly set forth herein, not waive or release any term or condition of the Credit Agreement or any of the other Investment Loan Documents or any of their rights or remedies under such Investment Loan Documents or any applicable Law law or any of the obligations of the Loan Parties Borrower thereunder. View More Arrow
Reaffirmation. Each of the Loan Parties Obligors acknowledges and reaffirms (a) that it is bound by all of the terms of the Investment Loan Documents to which it is a party and (b) that it is responsible for the observance and full performance of all of the Obligations, including without limitation, the repayment of the Loans. Furthermore, the Loan Parties Obligors acknowledge and confirm (i) that the Agent and the Lenders have performed fully all of their obligations under the Term Loan Agreement and the othe...r Loan Documents arising on or before the date hereof other than their respective obligations specifically set forth in this Agreement and (ii) that by entering into this Agreement, the Administrative Agent and the Lenders do not, except as expressly set forth herein, waive or release any term or condition of the Credit Term Loan Agreement or any of NEUROPACEFIRST AMENDMENT 264806380 v4 the other Investment Loan Documents or any of their rights or remedies under such Investment Loan Documents or any applicable Law law or any of the obligations Obligations of the Loan Parties Obligors thereunder. View More Arrow
Reaffirmation. Each of the Loan Parties acknowledges and reaffirms (a) that it is bound by all of the terms of the Investment Credit Agreement and the other Loan Documents to which it is a party and (b) that it is responsible for the observance and full performance of all of the Obligations, including without limitation, the repayment of the Loans. Loans and reimbursement of any drawings on a Letter of Credit. Without limiting the generality of the preceding sentence, each of the Guarantors restates and reaffi...rms that it guarantees the prompt payment when due of all Obligations, in accordance with, and pursuant to the terms of the Credit Agreement. Furthermore, the Loan Parties acknowledge and confirm (i) that the Administrative Agent and the Lenders have performed fully all of their respective obligations under the Credit Agreement and the other Loan Documents and (ii) by entering into this Agreement, the Administrative Agent and the Lenders do not, except not waive (except as expressly set forth herein, waive specifically provided in Section 3 hereof) or release any term or condition of the Credit Agreement or any of the other Investment Loan Documents or any of their rights or remedies under such Investment Loan Documents or any applicable Law law or any of the obligations of the Loan Parties thereunder. View More Arrow
Reaffirmation. Each of the Loan Parties acknowledges and reaffirms (a) that it is bound by all of the terms of the Investment Credit Agreement and the other Loan Documents to which it is a party and (b) that it is responsible for the observance and full performance of all of the Obligations, including without limitation, the repayment of the Loans. Loans and reimbursement of any drawings on a Letter of Credit. Without limiting the generality of the preceding sentence, each of the Guarantors restates and reaffi...rms that it guarantees the prompt payment when due of all Obligations, in accordance with, and pursuant to the terms of the Credit Agreement. Furthermore, the Loan Parties acknowledge and confirm (i) that the Administrative Agent and the Lenders have performed fully all of their respective obligations under the Credit Agreement and the other Loan Documents and (ii) by entering into this Agreement, the Administrative Agent and the Lenders do not, except as expressly set forth herein, not waive or release any term or condition of the Credit Agreement or any of the other Investment Loan Documents or any of their rights or remedies under such Investment Loan Documents or any applicable Law law or any of the obligations of the Loan Parties thereunder. View More Arrow
Reaffirmation. Each of the Loan Parties acknowledges and reaffirms (a) that it is bound by all of the terms of the Investment Credit Agreement and the other Loan Documents to which it is a party and (b) that it is responsible for the observance and full performance of all of the Obligations, including without limitation, the repayment of the Loans. Loans and reimbursement of any drawings on a Letter of Credit. Without limiting the generality of the preceding sentence, each of the Guarantors restates and reaffi...rms that it guarantees the prompt payment when due of all Obligations, in accordance with, and pursuant to the terms of the Credit Agreement. Furthermore, the Loan Parties acknowledge and confirm (i) that by entering into this Agreement, the Administrative Agent and the Lenders do not, have performed fully all of their respective obligations under the Credit Agreement and the other Loan Documents and (ii) by entering into this Agreement, except as expressly set forth herein, the Lenders do not waive or release any term or condition of the Credit Agreement or any of the other Investment Loan Documents or any of their rights or remedies under such Investment Loan Documents or any applicable Law law or any of the obligations of the Loan Parties thereunder. View More Arrow
Reaffirmation. Each of the Loan Parties The Borrower acknowledges and reaffirms (a) that it is bound by all of the terms of the Investment Loan Documents to which it is a party and (b) that it is responsible for the observance and full performance of all of the Obligations, including without limitation, the repayment of the Loans. Loans and interest and prepayment premiums thereon and fees with respect thereto. Furthermore, the Borrower acknowledges and confirms (x) that the Administrative Agent and the Lender...s have performed fully all of their respective obligations under the Credit Agreement and the other Loan Parties acknowledge Documents and confirm (y) that by entering into this Agreement, the Administrative Agent and the Lenders do not, except as expressly set forth herein, not waive or release any term or condition of the Credit Agreement or any of the other Investment Loan Documents or any of their rights or remedies under such Investment Loan Documents or any applicable Law law or any of the obligations of the Loan Parties thereunder. View More Arrow
Reaffirmation. Each of the Loan Parties The Borrower acknowledges and reaffirms (a) that it is bound by all of the terms of the Investment Loan Documents to which it is a party and (b) that it is responsible for the observance and full performance of all of the Obligations, including without limitation, the repayment of the Loans. Loans and interest and prepayment premiums thereon and fees with respect thereto. Furthermore, the Borrower acknowledges and confirms (x) that the Agent and the Investors have perfor...med fully all of their respective obligations under the Credit Agreement and the other Loan Parties acknowledge Documents and confirm (y) that by entering into this Agreement, the Administrative Agent and the Lenders Investors do not, except as expressly set forth herein, not waive or release any term or condition of the Credit Agreement or any of the other Investment Loan Documents or any of their rights or remedies under such Investment Loan Documents or any applicable Law law or any of the obligations of the Loan Parties thereunder. View More Arrow
Reaffirmation. Each Loan Party hereby acknowledges and agrees that, as of the Fifth Amendment Effective Date, after giving effect to this Agreement and the transactions contemplated hereby, the aggregate principal amount of Loans outstanding under the Credit Agreement is $100,000,000. Each of the Loan Parties acknowledges and reaffirms (a) that it is bound by all of the terms of the Investment Documents to which it is a party and (b) that it is responsible for the observance and full performance of all of the ...Obligations, including without limitation, the repayment of the Loans. Furthermore, the Loan Parties acknowledge and confirm (i) that the Lenders have performed fully all of their obligations under the Credit Agreement and the other Investment Documents arising on or before the date hereof other than their respective obligations specifically set forth in this Agreement and (ii) that by entering into this Agreement, the Administrative Agent and 5 the Lenders do not, except as expressly set forth herein, waive or release any term or condition of the Credit Agreement or any of the other Investment Documents or any of their rights or remedies under such Investment Documents or any applicable Law law or any of the obligations Obligations of the Loan Parties thereunder. View More Arrow
Reaffirmation. Each Loan Party hereby acknowledges and agrees that, as of the Sixth Amendment Effective Date, after giving effect to this Agreement and the transactions contemplated hereby, the aggregate principal amount of Loans outstanding under the Credit Agreement is $100,000,000. Each of the Loan Parties acknowledges and reaffirms (a) that it is bound by all of the terms of the Investment Documents to which it is a party and (b) that it is responsible for the observance and full performance of all of the ...Obligations, including without limitation, the repayment of the Loans. Furthermore, the Loan Parties acknowledge and confirm (i) that the Lenders have performed fully all of their obligations under the Credit Agreement and the other Investment Documents arising on or before the date hereof other than their respective obligations specifically set forth in this Agreement and (ii) that by entering into this Agreement, the Administrative Agent and the Lenders do not, except as expressly set forth herein, waive or release any term or condition of the Credit Agreement or any of the other Investment Documents or any of their rights or remedies under such Investment Documents or any applicable Law law or any of the obligations Obligations of the Loan Parties thereunder. View More Arrow