Acknowledgment of Security Interests. Borrower and each Guarantor hereby acknowledges, confirms and agrees that Agent and Lenders have and shall continue to have valid, enforceable and perfected liens upon and security interests in all collateral, including, without limitation, the Collateral, heretofore granted to Agent and Lenders pursuant to the Loan Documents or otherwise granted to or held by Agent or any Lender.
Appears in 4 contracts
Samples: Loan and Security Agreement (BGF Industries Inc), Loan and Security Agreement (BGF Industries Inc), Loan and Security Agreement (BGF Industries Inc)
Acknowledgment of Security Interests. Borrower and each Guarantor hereby acknowledges, confirms and agrees that Agent and Lenders have Agent, for the benefit of the Lenders, has and shall continue to have valid, enforceable enforceable, perfected and perfected unavoidable first-priority liens upon and security interests in all collateral, including, without limitation, the Collateral, heretofore granted to Agent and Lenders pursuant to the Loan Documents or otherwise granted to or held by Agent or any Lender.
Appears in 2 contracts
Samples: Forbearance Agreement (Daegis Inc.), Amendment Number Nine and Forbearance Agreement (Daegis Inc.)
Acknowledgment of Security Interests. Each Borrower and each Guarantor hereby acknowledges, confirms and agrees that Agent and Lenders have has and shall continue to have valid, enforceable and perfected liens upon and security interests in all collateral, including, without limitation, the Collateral, assets and properties of Borrowers heretofore granted to Agent and Lenders pursuant to the Loan Documents or otherwise granted to or held by Agent or any LenderAgent.
Appears in 1 contract
Samples: Forbearance Agreement (Summit Global Logistics, Inc.)
Acknowledgment of Security Interests. Each Borrower and each Guarantor hereby acknowledges, confirms and agrees that Agent and on behalf of Lenders have and shall continue to have valid, enforceable a security interest in and perfected liens lien upon and security interests in all collateral, including, without limitation, the Collateral, Collateral heretofore granted to Agent and Lenders pursuant to the Loan Documents Existing Agreements to secure the Obligations, as well as any Collateral granted under this Agreement or under any of the other Financing Agreements or otherwise granted to or held by Agent or any Lender.
Appears in 1 contract
Samples: Loan and Security Agreement (Atlantic Paratrans of Arizona, Inc.)
Acknowledgment of Security Interests. Each Borrower and each Guarantor hereby acknowledges, confirms and agrees that Agent and Lenders have has and shall continue to have valid, enforceable and perfected first-priority liens upon and security interests in all collateral, including, without limitation, the Collateral, Collateral heretofore granted to Agent Agent, for the benefit of each member of the Lender Group and Lenders each of the Bank Product Providers, pursuant to the Guaranty and Security Agreement and the Loan Documents or otherwise granted to or held by Agent or any LenderAgent, for the benefit of each member of the Lender Group and each of the Bank Product Providers.
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