Collateral. As security for the payment of the Obligations to Agent and Lenders under the Loan Agreement and satisfaction by Borrower of all covenants and undertakings contained in the Loan Agreement and the Existing Loan Documents, Borrower reconfirms the prior security interest and lien on, upon and to, its Collateral, whether now owned or hereafter acquired, created or 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 full force and effect and shall continue to secure the Obligations. All Collateral remains free and clear of any Liens other than Permitted Liens. Nothing herein contained is intended to in any manner impair or limit the validity, priority and extent of Agents 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 BorrowerBorrowers of all covenants and undertakings contained in the Loan Agreement and the Existing Loan Documents, each Borrower reconfirms the priorfirst-priority continuing Lien and security interest in all of its right, title, and lien on, uponinterest in, to and to, its Collateral,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 now ownedpresently existing or hereafter acquired, createdacquired or arising and wherever located. Borrower hereby confirms and agrees that all security interests and Liens granted to Agent for the ratable benefit of Lenders continuearising, in full force and effect and shall continueorder to secure prompt payment and performance by each Borrower of all its Obligations (other than subsection # of the Obligations. Alldefinition of Collateral remains free and clear of any Lienswhich granting shall be governed by such other than Permitted Liens.applicable security document). Nothing herein contained is intended to in any manner impair or limit the validity, priority and extent of AgentAgent’s existing security interest in and Liens upon the Collateral.
Collateral. AsAcknowledgment of Security Interests. The Loan Parties hereby acknowledge, confirm and agree that Agent on behalf of Lenders and Bank Product Providers shall continue to have a security forinterest in and lien upon the paymentassets of the ObligationsLoan Parties constituting Collateral heretofore granted to Agent and Lenders(in its capacity as agent under the Existing Credit Agreement) pursuant to the Existing Loan Documents to secure the Obligations, as well as any Collateral granted under this Agreement and satisfactionor under any of the other Loan Documents or otherwise granted to or held by BorrowerAgent or any Lender. The Liens of all covenants and undertakings containedAgent in the Loan AgreementCollateral shall be deemed to be continuously granted and perfected from the earliest date of the granting and perfection of such Liens interests to Agent (in its capacity as agent under the Existing Credit Agreement) and Existing Lenders, whether under the Existing Loan Documents, Borrower reconfirmsthis Agreement or any of the prior security interest and lien on, upon and to, its Collateral, whether now owned or hereafter acquired, created or 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 full force and effect and shall continue to secure the Obligations. All Collateral remains free and clear of any Liens other than Permitted Liens. Nothing herein contained is intended to in any manner impair or limit the validity, priority and extent of Agents existing security interest in and Liens upon the Collateral.Loan Documents.
Collateral. AsReaffirmation of Obligations. Borrower hereby reaffirms its obligations under each Loan Document to which it is a party. Borrower hereby further ratifies and reaffirms the validity and enforceability of all of the liens and security interests heretofore granted, pursuant to and in connection with the Security Agreement or any other Loan Document to Agent, on behalf and for the benefit of each member of the Lender Group, as collateral security for the payment of the Obligations to Agent and Lendersobligations under the Loan AgreementDocuments in accordance with their respective terms, and satisfaction by Borroweracknowledges that all of such liens and security interests, and all covenantscollateral heretofore pledged as security for such obligations, continues to be and undertakings contained inremain collateral for such obligations from and after the Loan Agreement and the Existing Loan Documents, Borrower reconfirms the prior security interest and lien on, upon and to, its Collateral, whether now owned or hereafter acquired, created or arising and wherever located.date hereof. Borrower hereby confirms and agrees that all security interests and Liens grantedfurther does grant to Agent for the ratable benefit of Lenders continue in full force and effect and shall continue to secure the Obligations. All Collateral remains free and clear of any Liens other than Permitted Liens. Nothing herein contained is intended to in any manner impair or limit the validity, priority and extent of Agents existingAgent, a security interest in the Collateral (as defined in the Security Agreement) in order to secure all of its present and Liens upon the Collateral.future Obligations.
Collateral. AsSection # Grant of Security Interest. Borrower grants and pledges to Agent on behalf of all a continuing security for theinterest in all presently existing and hereafter acquired or arising Collateral in order to secure prompt payment of theany and all Obligations and in order to Agent and Lenders under the Loan Agreement and satisfactionsecure prompt performance by Borrower of alleach of its covenants and undertakings containedduties under the Transaction Documents. Notwithstanding termination of this Agreement, Agents Lien on the Collateral shall remain in the Loan Agreement and the Existing Loan Documents, Borrower reconfirms the prior security interest and lien on, upon and to, its Collateral, whether now owned or hereafter acquired, created or arising and wherever located. Borrower hereby confirms and agrees that all security interests and Liens granted to Agenteffect for the ratable benefit of Lenders continue in full force and effect and shall continue to secure the Obligations. All Collateral remains free and clear ofso long as any Liens otherObligations (other than Permitted Liens. Nothing herein contained is intended to in any manner impair or limit the validity, priority and extent of Agents existing security interest in and Liens upon the Collateral.inchoate indemnity obligations) are outstanding.
Collateral. AsBorrower hereby reaffirms the security interest granted by Borrower previously in Section 4.1 of the of the Agreement with respect to the Collateral (as defined herein) and hereby grants Collateral Agent, for the paymentratable benefit of the ObligationsLenders, to Agentsecure the payment and Lenders under the Loan Agreement and satisfaction by Borrowerperformance in full of all covenants and undertakings contained inof the Loan Agreement and the Existing Loan Documents, Borrower reconfirms the priorObligations, a continuing security interest in, and lien on, upon and to, its Collateral,pledges to Collateral Agent, for the ratable benefit of the Lenders, such part of the Collateral that was not pledged previously or in which security interest was not granted previously, wherever located, whether now owned or hereafter acquired, createdacquired or arisingarising, and wherever located.all proceeds and products thereof. Furthermore, Borrower hereby confirms and agrees that allauthorizes Collateral Agent to file financing statements or take any other action required to perfect Collateral Agent’s security interests and Liens grantedin the Intellectual Property of Borrower that was not part of the Collateral on the Effective Date but is being made part of the Collateral as of the date hereof, without notice to Agent forBorrower, with all appropriate jurisdictions to perfect or protect Collateral Agent’s interest or rights under the ratable benefit of Lenders continue in full force and effect and shall continue to secure the Obligations. All Collateral remains free and clear of any Liens other than Permitted Liens. Nothing herein contained is intended to in any manner impair or limit the validity, priority and extent of Agents existing security interest in and Liens upon the Collateral.Loan Documents.
Creation of Security Interest in Collateral. AsWithout limiting any Liens and security forinterests granted pursuant to the payment of the Obligations to Agent and Lenders under theOriginal Loan Agreement (which are hereby continued and satisfaction by Borrower of all covenantsrenewed and undertakings contained in the Loan Agreement and the Existing Loan Documents, Borrower reconfirms the prior security interest and lien on, upon and to, its Collateral, whether now owned or hereafter acquired, created or arising and wherever located. Borrower hereby confirms and agrees that all security interests and Liens granted to Agent for the ratable benefit of Lenders continueshall remain in full force and effect and shall continuein order to secure prompt payment and performance by each Borrower of all its Obligations (other than subsection # of the Obligations. Alldefinition of Collateral remains freewhich granting shall be governed by such other applicable security document)), each Borrower hereby irrevocably and clearunconditionally grants, transfers, pledges, collaterally assigns, hypothecates, sets over and conveys to Agent, for the benefit of any Liens other than Permitted Liens. Nothing herein contained is intended to in any manner impair or limit the validity, Agent and Lenders, a first-priority continuing Lien and extent of Agents existing security interest in all of its right, title, and Liens uponinterest in, to and under all of the Collateral.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).
Collateral. As security for the paymentThe Borrowers have agreed to continue to secure all of the Obligations to Agent and Lenderstheir obligations under the Loan Agreement and satisfactionDocuments by Borrower of all covenants and undertakings contained in the Loan Agreement and the Existing Loan Documents, Borrower reconfirms the prior security interest and lien on, upon and to, its Collateral, whether now owned or hereafter acquired, created or arising and wherever located. Borrower hereby confirms and agrees that all security interests and Liens grantedgranting to AgentAgent, for the ratable benefit of Lenders continue in full forceAgent and effect and shall continue to secure the Obligations. All Collateral remains free and clear of any Liens other than Permitted Liens. Nothing herein contained is intended to in any manner impair or limit the validity, priority and extent of Agents existingLenders, a security interest in and LiensLien upon the Collateral.all of their existing and after-acquired personal property constituting Collateral hereunder.
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