Common use of Acknowledgment of Security Interests Clause in Contracts

Acknowledgment of Security Interests. Each Loan Party hereby acknowledges that, as of the date hereof, the security interests and Liens granted to Agent and the Lenders under the Credit Agreement and the other Loan Documents are in full force and effect and are enforceable in accordance with the terms of the Credit Agreement and the other Loan Documents.

Appears in 10 contracts

Samples: Credit Agreement (WHX Corp), Credit Agreement (WHX Corp), Credit Agreement (WHX Corp)

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Acknowledgment of Security Interests. Each Loan Borrower Party hereby acknowledges that, as of the date hereof, the security interests and Liens liens granted to the Administrative Agent and the Lenders under the Credit Agreement and the other Loan Documents are in full force and effect and are enforceable in accordance with the terms of the Credit Agreement and the other Loan Documents.

Appears in 8 contracts

Samples: Credit Agreement (American Fiber Systems, Inc.), Credit Agreement (Gtsi Corp), Credit Agreement (Gtsi Corp)

Acknowledgment of Security Interests. Each Loan Party hereby acknowledges that, as of the date hereof, the security interests and Liens liens granted to the Collateral Agent and the Lenders under the Credit Agreement and the other Loan Documents are in full force and effect and are enforceable in accordance with the terms of the Credit Agreement and the other Loan Documents, subject to the effect of applicable bankruptcy, insolvency, arrangement, moratorium and other similar laws affecting creditors’ rights generally, concepts of reasonableness and the application of general principles of equity (regardless of whether such enforcement is considered in a proceeding in equity or at law).

Appears in 3 contracts

Samples: Credit Agreement (Perspecta Inc.), Credit Agreement (CSRA Inc.), Credit Agreement (CSRA Inc.)

Acknowledgment of Security Interests. Each Loan Borrower Party hereby acknowledges that, as of the date hereofhereof and as of the Effective Date, the security interests and Liens liens granted to the Administrative Agent and the Lenders under the Credit Agreement and the other Loan Documents are in full force and effect and are enforceable in accordance with the terms of the Credit Agreement and the other Loan Documents.

Appears in 2 contracts

Samples: Credit Agreement (Zayo Group LLC), Credit Agreement (Zayo Group LLC)

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Acknowledgment of Security Interests. Each Loan Party hereby acknowledges that, as of the date hereof, the security interests and Liens granted to Agent and the Lenders Lender under the Credit Security Agreement and the other Loan Documents are in full force and effect and are enforceable in accordance with the terms of the Credit Security Agreement and the other Loan Documents, except for such Liens that are released pursuant to this Consent.

Appears in 1 contract

Samples: Credit Agreement (WHX Corp)

Acknowledgment of Security Interests. Each Loan Party hereby acknowledges that, as of the date hereof, the security interests and Liens granted to Agent and the Lenders Lender under the Credit Agreement and the other Loan Documents are in full force and effect and are enforceable in accordance with the terms of the Credit Agreement and the other Loan Documents.

Appears in 1 contract

Samples: Credit Agreement (WHX Corp)

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