Recitals Clause Example with 7 Variations from Business Contracts

This page contains Recitals 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.
Recitals. ZAGG Inc, a Nevada corporation (together with its successors and assigns, the "Borrower"), is entering into that certain Credit and Security Agreement, dated as of March 3, 2016, with the lenders from time to time party thereto (together with their respective successors and assigns, collectively, the "Lenders" and, individually, each a "Lender") and the Administrative Agent (as the same may from time to time be amended, restated or otherwise modified, the "Credit Agreement"). The Pledgor desires... that the Lenders grant to the Borrower the financial accommodations as described in the Credit Agreement. The Pledgor, a subsidiary of the Borrower whose financing is provided by the Loans and Letters of Credit as each term is defined in the Credit Agreement, deems it to be in the direct pecuniary and business interests of the Pledgor that the Borrower obtain from the Lenders the Commitment, as defined in the Credit Agreement, and the Loans and Letters of Credit provided for in the Credit Agreement. The Pledgor understands that the Lenders are willing to enter into the Credit Agreement and grant the financial accommodations provided for in the Credit Agreement only upon certain terms and conditions, one of which is that the Pledgor grant to the Administrative Agent, for the benefit of the Lenders, a security interest in the Collateral, as hereinafter defined, and this Agreement is being executed and delivered in consideration of the Lenders entering into the Credit Agreement and each financial accommodation granted to the Borrower by the Lenders, and for other valuable consideration, the receipt and sufficiency of which is hereby acknowledged. View More

Variations of a "Recitals" Clause from Business Contracts

Recitals. ZAGG Inc, S&W Seed Company, a Nevada corporation (together with its successors and assigns, the "Borrower"), is entering into that certain Credit and Security Agreement, dated as of March 3, 2016, September 22, 2015, with the lenders from time to time party thereto (together with their respective successors and assigns, collectively, the "Lenders" and, individually, each a "Lender") and the Administrative Agent Lender (as the same may from time to time be amended, restated or otherwise modified,... the "Credit Agreement"). The Pledgor Each Guarantor desires that the Lenders Lender grant to the Borrower the financial accommodations as described in the Credit Agreement. The Pledgor, Except as specifically defined herein, capitalized terms used herein that are defined in the Credit Agreement shall have their respective meanings ascribed to them in the Credit Agreement. Each Guarantor, a direct or indirect subsidiary of the Borrower whose financing is provided by the Loans and Letters of Credit as each term is defined in the Credit Agreement, Credit, deems it to be in the direct pecuniary and business interests of the Pledgor such Guarantor that the Borrower obtain from the Lenders Lender the Commitment, as defined in the Credit Agreement, and the Loans and Letters of Credit provided for in the Credit Agreement. The Pledgor Each Guarantor understands that the Lenders are Lender is willing to enter into the Credit Agreement and grant the financial accommodations provided for in the Credit Agreement only upon certain terms and conditions, one of which is that the Pledgor grant to Guarantors jointly and severally guarantee the Administrative Agent, for the benefit payment of the Lenders, a security interest in the Collateral, Obligations, as hereinafter defined, and this Agreement is being executed and delivered in consideration of the Lenders Lender entering into the Credit Agreement and each financial accommodation granted to the Borrower by the Lenders, Lender and for other valuable consideration, the receipt and sufficiency of which is hereby acknowledged. View More
Recitals. ZAGG Inc, a Nevada corporation (together with its successors and assigns, the "Borrower"), Pledgor is entering into that certain Credit and Security Agreement, dated as of March 3, 2016, September 22, 2015, with the lenders from time to time party thereto (together with their respective successors and assigns, collectively, the "Lenders" and, individually, each a "Lender") and the Administrative Agent Lender (as the same may from time to time be amended, restated or otherwise modified, the "Cred...it Agreement"). The Pledgor desires that the Lenders grant to the Borrower the financial accommodations as described in the Credit Agreement. The Pledgor, a subsidiary of the Borrower whose financing is provided by the Loans and Letters of Credit as each term is defined in the Credit Agreement, deems it to be in the direct pecuniary and business interests of the Pledgor that the Borrower it obtain from the Lenders Lender the Commitment, as defined in the Credit Agreement, and the Loans and Letters of Credit Credit, provided for in the Credit Agreement. The Pledgor understands that the Lenders are Lender is willing to enter into the Credit Agreement and grant the financial accommodations provided for in the Credit Agreement only upon certain terms and conditions, one of which is that the Pledgor grant to the Administrative Agent, for the benefit of the Lenders, Lender a security interest in the Collateral, as hereinafter defined, and this Agreement is being executed and delivered in consideration of the Lenders Lender entering into the Credit Agreement and each financial accommodation granted to the Borrower Pledgor by the Lenders, Lender, and for other valuable consideration, the receipt and sufficiency of which is hereby acknowledged. View More
Recitals. ZAGG Inc, S&W Seed Company, a Nevada corporation (together with its successors and assigns, the "Borrower"), assigns ("Borrower"), is entering into that certain Credit and Security Agreement, dated as of March 3, 2016, September 22, 2015, with the lenders from time to time party thereto (together with their respective successors and assigns, collectively, the "Lenders" and, individually, each a "Lender") and the Administrative Agent Lender (as the same may from time to time be amended, restated ...or otherwise modified, the "Credit Agreement"). The Each Pledgor desires that the Lenders Lender grant to the Borrower the financial accommodations to Borrower as described in the Credit Agreement. The Pledgor, a subsidiary financing of the Borrower whose financing each Pledgor is provided by the Loans and Letters of Credit Credit, as each term is defined in the Credit Agreement, and each Pledgor deems it to be in the direct pecuniary and business interests of the such Pledgor that the Borrower obtain from the Lenders Lender the Commitment, as defined in the Credit Agreement, and the Loans and Letters of Credit provided for in the Credit Agreement. The Each Pledgor understands that the Lenders are Lender is willing to enter into the Credit Agreement and grant the financial accommodations provided for in the Credit Agreement only upon certain terms and conditions, one of which is that the each Pledgor grant to the Administrative Agent, for the benefit of the Lenders, Lender a security interest in the Collateral, as hereinafter defined, of such Pledgor, and this Agreement is being executed and delivered in consideration of the Lenders Lender entering into the Credit Agreement and each financial accommodation granted to the Borrower by the Lenders, Lender, and for other valuable consideration, the receipt and sufficiency of which is hereby acknowledged. View More
Recitals. ZAGG Inc, a Nevada corporation (together with its successors and assigns, the "Borrower"), is entering into that certain Credit and Security Agreement, dated as of March 3, 2016, with the lenders from time to time party thereto (together with their respective successors and assigns, assigns and any other additional lenders that become party to the Credit Agreement, collectively, the "Lenders" and, individually, each a "Lender") "Lender"), and the Administrative Agent (as the same may from time t...o time be amended, restated or otherwise modified, the "Credit Agreement"). The Pledgor Each Guarantor desires that the Lenders grant to the Borrower the financial accommodations as described in the Credit Agreement. The Pledgor, Except as specifically defined herein, capitalized terms used herein that are defined in the Credit Agreement shall have their respective meanings ascribed to them in the Credit Agreement. Each Guarantor, a direct or indirect subsidiary of the Borrower whose financing is provided by the Loans and Letters of Credit as each term is defined in the Credit Agreement, Credit, deems it to be in the direct pecuniary and business interests of the Pledgor such Guarantor that the Borrower obtain from the Lenders the Commitment, as defined in the Credit Agreement, and the Loans and Letters of Credit provided for in the Credit Agreement. The Pledgor Each Guarantor understands that the Lenders are willing to enter into the Credit Agreement and grant the financial accommodations provided for in the Credit Agreement only upon certain terms and conditions, one of which is that the Pledgor grant to Guarantors jointly and severally guarantee the Administrative Agent, for the benefit payment of the Lenders, a security interest in the Collateral, Secured Obligations, as hereinafter defined, and this Agreement is being executed and delivered in consideration of the Lenders entering into the Credit Agreement and each financial accommodation granted to the Borrower by the Lenders, Lenders and for other valuable consideration, the receipt and sufficiency of which is hereby acknowledged. View More
Recitals. ZAGG Inc, a Nevada corporation (together with its successors and assigns, the "Borrower"), The Pledgor is entering into that certain Credit and Security Agreement, dated as of March 3, 2016, July 8, 2014, with the lenders from time to time party thereto (together with their respective successors and assigns, collectively, the "Lenders" and, individually, each a "Lender") "Lender"), and the Administrative Agent (as the same may from time to time be amended, restated or otherwise modified, the "Cr...edit Agreement"). The Pledgor desires that the Lenders grant to the Borrower the financial accommodations as described in the Credit Agreement. The Pledgor, a subsidiary of the Borrower whose financing is provided by the Loans and Letters of Credit as each term is defined in the Credit Agreement, deems it to be in the direct pecuniary and business interests of the Pledgor that the Borrower it obtain from the Lenders the Commitment, as defined in the Credit Agreement, and the Loans and Letters of Credit Credit, provided for in the Credit Agreement. The Pledgor understands that the Lenders are willing to enter into the Credit Agreement and grant the financial accommodations provided for in the Credit Agreement only upon certain terms and conditions, one of which is that the Pledgor grant to the Administrative Agent, for the benefit of the Lenders, a security interest in the Collateral, as hereinafter defined, and this Agreement is being executed and delivered in consideration of the Lenders entering into the Credit Agreement and each financial accommodation granted to the Borrower Pledgor by the Lenders, and for other valuable consideration, the receipt and sufficiency of which is hereby acknowledged. View More
Recitals. ZAGG Inc, INSTALLED BUILDING PRODUCTS, INC., a Nevada Delaware corporation (together with its successors and assigns, the "Borrower"), is entering into that certain Credit and Security Agreement, dated as of March 3, 2016, July 8, 2014, with the lenders from time to time party thereto (together with their respective successors and assigns, assigns and any other additional lenders that become party to the Credit Agreement, collectively, the "Lenders" and, individually, each a "Lender") "Lender"),... and the Administrative Agent (as the same may from time to time be amended, restated or otherwise modified, the "Credit Agreement"). The Each Pledgor desires that the Lenders grant the financial accommodations to the Borrower the financial accommodations as described in the Credit Agreement. The Pledgor, a subsidiary financing of the Borrower whose financing each Pledgor is provided by the Loans and Letters of Credit Credit, as each term is defined in the Credit Agreement, and each Pledgor deems it to be in the direct pecuniary and business interests of the such Pledgor that the Borrower obtain from the Lenders the Commitment, as defined in the Credit Agreement, and the Loans and Letters of Credit provided for in the Credit Agreement. The Each Pledgor understands that the Lenders are willing to enter into the Credit Agreement and grant the financial accommodations provided for in the Credit Agreement only upon certain terms and conditions, one of which is that the each Pledgor grant to the Administrative Agent, for the benefit of the Lenders, a security interest in the Collateral, as hereinafter defined, of such Pledgor, and this Agreement is being executed and delivered in consideration of the Lenders entering into the Credit Agreement and each financial accommodation granted to the Borrower by the Lenders, and for other valuable consideration, the receipt and sufficiency of which is hereby acknowledged. View More
Recitals. ZAGG Inc, a Nevada corporation (together with its successors and assigns, the "Borrower"), The Pledgor is entering into that certain Credit and Security Agreement, dated as of March 3, 2016, with the lenders from time to time party thereto (together with their respective successors and assigns, collectively, the "Lenders" and, individually, each a "Lender") "Lender"), and the Administrative Agent (as the same may from time to time be amended, restated or otherwise modified, the "Credit Agreement..."). The Pledgor desires that the Lenders grant to the Borrower the financial accommodations as described in the Credit Agreement. The Pledgor, a subsidiary of the Borrower whose financing is provided by the Loans and Letters of Credit as each term is defined in the Credit Agreement, deems it to be in the direct pecuniary and business interests of the Pledgor that the Borrower it obtain from the Lenders the Commitment, as defined in the Credit Agreement, and the Loans and Letters of Credit Credit, provided for in the Credit Agreement. The Pledgor understands that the Lenders are willing to enter into the Credit Agreement and grant the financial accommodations provided for in the Credit Agreement only upon certain terms and conditions, one of which is that the Pledgor grant to the Administrative Agent, for the benefit of the Lenders, a security interest in the Collateral, as hereinafter defined, and this Agreement is being executed and delivered in consideration of the Lenders entering into the Credit Agreement and each financial accommodation granted to the Borrower Pledgor by the Lenders, and for other valuable consideration, the receipt and sufficiency of which is hereby acknowledged. View More