Collateral. As security for the payment of the Obligations and satisfaction by Borrowers of all covenants and undertakings contained in the Loan Agreement and the Loan Documents, each Borrower reconfirms the first-priority continuing Lien and security interest in all of its right, title, and interest in, to and under all of the Collateral (except with respect to subsection # of the definition of Collateral to the extent that granting occurs pursuant to another security agreement or similar document), whether presently existing or hereafter acquired or arising, in order to secure prompt payment and performance by each Borrower of all its Obligations (other than subsection # of the definition of Collateral which granting shall be governed by such other applicable security document). Nothing herein contained is intended to in any manner impair or limit the validity, priority and extent of Agent’s existing security interest in and Liens upon the Collateral.

Creation of Security Interest in Collateral. AsWithout limiting any Liens and security interests granted pursuant to the Original Loan Agreement (which are hereby continued and renewed and shall remain in full force and effect in order to secure prompt payment and performance by each Borrower of all its Obligations (other than subsection # of the definition of Collateral which granting shall be governed by such other applicable security document)), each Borrower hereby irrevocably and unconditionally grants, transfers, pledges, collaterally assigns, hypothecates, sets over and conveys to Agent, for the paymentbenefit of the ObligationsAgent and satisfaction by Borrowers of all covenants and undertakings contained in the Loan Agreement and the Loan Documents, each Borrower reconfirms theLenders, a first-priority continuing Lien and security interest in all of its right, title, and interest in, to and under all of the Collateral (except with respect to subsection # of the definition of Collateral to the extent that granting occurs pursuant to another security agreement or similar document), whether presently existing or hereafter acquired or arising, in order to secure prompt payment and performance by each Borrower of all its Obligations (other than subsection # of the definition of Collateral which granting shall be governed by such other applicable security document). Nothing herein contained is intended to in any manner impair or limit the validity, priority and extent of Agent’s existing security interest in and Liens upon the Collateral.

Collateral. As security for the payment of the Obligations to Agent and Lenders under the Loan Agreement and satisfaction by BorrowersBorrower of all covenants and undertakings contained in the Loan Agreement and the Existing Loan Documents, each Borrower reconfirms the first-priority continuing Lien andprior security interest in all ofand lien on, upon and to, its right, title, and interest in, to and under all of the Collateral (except with respect to subsection # of the definition of Collateral to the extent that granting occurs pursuant to another security agreement or similar document),Collateral, whether presently existingnow owned or hereafter acquiredacquired, created or arising,arising and wherever located. Borrower hereby confirms and agrees that all security interests and Liens granted to Agent for the ratable benefit of Lenders continue in orderfull force and effect and shall continue to secure prompt paymentthe Obligations. All Collateral remains free and performance by each Borrowerclear of all its Obligations (otherany Liens other than subsection # of the definition of Collateral which granting shall be governed by such other applicable security document).Permitted Liens. Nothing herein contained is intended to in any manner impair or limit the validity, priority and extent of Agent’Agent’s existing security interest in and Liens upon the Collateral.

Collateral. As security for the paymentSection # Grant of the ObligationsSecurity Interest. Borrower grants and satisfaction by Borrowerspledges to Agent on behalf of all covenants and undertakings contained in the Loan Agreement and the Loan Documents, each Borrower reconfirms the first-priority​ a continuing Lien and security interest in all of its right, title, and interest in, to and under all of the Collateral (except with respect to subsection # of the definition of Collateral to the extent that granting occurs pursuant to another security agreement or similar document), whether presently existing orand hereafter acquired or arising,arising Collateral in order to secure prompt payment of any and all Obligations and in order to secure prompt performance by each Borrower of alleach of its covenants and duties under the Transaction Documents. Notwithstanding termination of this Agreement, Agent’s Lien on the Collateral shall remain in effect for so long as any Obligations (other than subsection # of the definition of Collateral which granting shall be governed by such other applicable security document). Nothing herein contained is intended to in any manner impair or limit the validity, priority and extent of Agent’s existing security interest in and Liens upon the Collateral.inchoate indemnity obligations) are outstanding.