Acknowledgment of Security Interest. The Customs Broker acknowledges, consents, and agrees that the Company has assigned to the Administrative Agent, for its own benefit and the benefit of the other Credit Parties, all of the Company’s right, title, and interest in, to and under all goods or documents constituting, evidencing, or relating to such inventory and any contracts or agreements with carriers, customs brokers, and/or freight forwarders for shipment or delivery of such goods.
Acknowledgment of Security Interest. FFB acknowledges that the Borrower has, through the execution of the Security Instruments, pledged and granted a security interest to the “Collateral Agent,” for the benefit of the “Secured Parties” (as those terms are defined in the Common Agreement) in certain property of the Borrower to secure the payment and performance of certain obligations owed to the Secretary under, inter alia, the Security Instruments.
Acknowledgment of Security Interest. The Seller hereby acknowledges, and agrees to, the Buyer’s grant of its interest herein to the lenders under the Senior Credit Agreement and the Second Lien Credit Agreement to collaterally secure the Buyer’s obligations under such Senior Credit Agreement and Second Lien Credit Agreement.
Acknowledgment of Security Interest. The Seller hereby acknowledges that, as of the date hereof, the security interests and liens granted to the Buyer under the Repurchase Agreement and the other Program Documents are in full force and effect and are enforceable in accordance with the terms of the Repurchase Agreement and the other Program Documents.
Acknowledgment of Security Interest. The Customs Broker acknowledges, consents, and agrees that the Company has assigned to the Canadian Agent, for its own benefit and the benefit of the other Credit Parties, all of the Company’s right, title, and interest in, to and under all goods or documents constituting, evidencing, or relating to such inventory and any contracts or agreements with carriers, customs brokers, and/or freight forwarders for shipment or delivery of such goods.
Acknowledgment of Security Interest. Borrower and each other Grantor under the Security Agreement each hereby acknowledges, confirms and agrees that the Control Agent and the Secured Parties have, as of the date hereof, and shall continue to have a valid, enforceable and perfected first-priority lien upon and security interest in the Collateral granted to the Control Agent and the other Lenders pursuant to the Security Agreement and the other Loan Documents.
Acknowledgment of Security Interest. Party A hereby acknowledges and consents to Party B's grant and pledge of all right, title and interest in, to and under, in each case, whether now owned or existing, or hereafter acquired or arising, this Agreement (including, without limitation, its right to payments due it hereunder or with respect hereto) pursuant to the terms of the Indenture, to the Trustee, for the benefit of the persons identified therein.
Acknowledgment of Security Interest. The Debtor and the Secured Party hereby notify the Depository of, and the Depository hereby acknowledges, the security interest granted by the Debtor to the Secured Party in all of the Debtor's right, title and interest in and to the Collateral.
Acknowledgment of Security Interest. By execution of this Lockbox Agreement the Depository Bank acknowledges and consents to the security interest granted by Kenergy to Big Rivers pursuant to Section 5. Kenergy agrees to promptly execute and deliver all OHSUSA:753906547.4 further instruments and documents that may be necessary or which Big Rivers may in good faith reasonably request, in order to perfect and protect any pledge or security interest granted hereby, including, without limitation, such financing or continuation statements, or amendments thereto, as Big Rivers may reasonably request. Goveming Law. Except to the extent that federal law or the laws of the state in which the Depository Bank is located govem the Lockbox Account, this Lockbox Agreement shall be govemed by, and interpreted in accordance with, the laws of the Commonwealth of Kentucky, without regard to its conflicts of laws mles. For purposes of this Lockbox Agreement, the Commonwealth of Kentucky shall be deemed the bank's jurisdiction under the Kentucky Uniform Commercial Code.
Acknowledgment of Security Interest. The Borrower and the Fund Guarantors acknowledge that the Borrower has secured its obligations under this Agreement pursuant to the Security Documents.
