Common use of Acknowledgment of Liens Clause in Contracts

Acknowledgment of Liens. Each Borrower hereby acknowledges, confirms and agrees that Agent has and shall continue to have valid, enforceable and perfected first-priority liens upon and security interests in the Collateral granted to Agent for the benefit of the Lenders pursuant to the Loan Documents or otherwise granted to or held by Agent for the benefit of the Lenders.

Appears in 4 contracts

Samples: Waiver Agreement (Curative Health Services Inc), Waiver Agreement (Curative Health Services Inc), Waiver Agreement (Curative Health Services Inc)

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Acknowledgment of Liens. Each Borrower hereby acknowledges, confirms and agrees that Agent Agent, for the benefit of Lenders, has and shall will continue to have valid, enforceable and perfected first-priority liens Liens upon and security interests in the Collateral heretofore granted to Agent for the benefit of the Lenders pursuant to the Loan Documents or otherwise granted to or held by Agent for the benefit of the and Lenders.

Appears in 2 contracts

Samples: Loan and Security Agreement (Arvinmeritor Inc), Loan and Security Agreement (Meritor Inc)

Acknowledgment of Liens. Each Borrower hereby acknowledges, confirms and agrees that Agent Agent, for its benefit and the benefit of Lenders, has and shall continue to have valid, enforceable and perfected first-priority liens Liens upon and security interests in the Collateral heretofore granted to Agent Agent, for its benefit and the benefit of the Lenders Lenders, pursuant to the Loan Documents or otherwise granted to or held by Agent for the benefit of the Lendersotherwise.

Appears in 1 contract

Samples: Credit Agreement (Spartan Stores Inc)

Acknowledgment of Liens. Each The Borrower hereby acknowledges, confirms acknowledges and agrees ------------------------ that Agent has holds duly perfected, first priority security interests in and shall continue to have validliens on the Collateral, enforceable and perfected first-priority that these liens upon and security interests in secure the Collateral granted to Agent for the benefit of the Lenders pursuant to the Loan Documents or otherwise granted to or held by Agent for the benefit of the LendersLoans.

Appears in 1 contract

Samples: Credit Agreement (Home Health Corp of America Inc \Pa\)

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Acknowledgment of Liens. Each Borrower hereby acknowledges, confirms and agrees that Agent Agent, for the benefit of Lenders, has and shall will continue to have valid, enforceable and perfected first-priority liens Liens upon and security interests in the Collateral granted to Agent for the benefit of the Lenders pursuant to the Loan Documents or otherwise granted to or held by Agent for the benefit of the and Lenders.

Appears in 1 contract

Samples: Loan and Security Agreement (Arvinmeritor Inc)

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