Common use of Acknowledgment of Security Interests Clause in Contracts

Acknowledgment of Security Interests. Borrowers hereby acknowledge, confirm and agree that Administrative Agent and Lenders have, and shall continue to have, valid, enforceable and perfected security interests in and liens upon the Collateral heretofore granted by Borrowers to Administrative Agent, for the benefit of Lenders, pursuant to the Loan Documents or otherwise granted to or held by Administrative Agent.

Appears in 9 contracts

Samples: Loan and Security Agreement (Danimer Scientific, Inc.), Loan and Security Agreement (Danimer Scientific, Inc.), Loan and Security Agreement (Live Oak Acquisition Corp)

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Acknowledgment of Security Interests. Borrowers hereby acknowledge, confirm and agree that Administrative Agent and Lenders have, and shall continue to have, valid, enforceable and perfected security interests in and liens Liens upon the Collateral heretofore granted by Borrowers to Administrative Agent, for the benefit of LendersLenders and the other Secured Parties, pursuant to the Loan Credit Agreement and the Other Documents or otherwise granted to or held by Administrative Agent.

Appears in 2 contracts

Samples: Revolving Credit and Security Agreement (Mammoth Energy Services, Inc.), Revolving Credit and Security Agreement (Mammoth Energy Services, Inc.)

Acknowledgment of Security Interests. Borrowers Borrower hereby acknowledgeacknowledges, confirm confirms and agree agrees that Administrative Agent and Lenders have, Secured Parties have and shall continue to have, have valid, enforceable and perfected liens upon and security interests in and liens upon the Collateral heretofore granted by Borrowers to Administrative Agent, for the benefit of Lenders, Agent and Secured Parties pursuant to the Loan Documents or otherwise granted to or held by Administrative AgentAgent and Secured Parties.

Appears in 2 contracts

Samples: Credit Agreement (Edgen Group Inc.), Credit Agreement (Edgen Group Inc.)

Acknowledgment of Security Interests. Borrowers hereby acknowledge, confirm and agree that Administrative Agent and Lenders havehas, and shall continue to have, valid, enforceable and perfected security interests in and liens upon the Collateral heretofore granted by Borrowers to Administrative Agent, for the benefit of Lenders, pursuant to the Loan Documents or otherwise granted to or held by Administrative Agent.

Appears in 1 contract

Samples: Loan and Security Agreement (Danimer Scientific, Inc.)

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Acknowledgment of Security Interests. Except as otherwise provided in this Agreement, Borrowers hereby acknowledge, confirm and agree that Administrative Agent and Lenders havehas, and shall continue to have, valid, enforceable and perfected security interests in and liens upon the Collateral heretofore granted by Borrowers to Administrative Agent, for the benefit of Lenders, pursuant to the Loan Documents or otherwise granted to or held by Administrative Agent.

Appears in 1 contract

Samples: Loan and Security Agreement (Danimer Scientific, Inc.)

Acknowledgment of Security Interests. Borrowers hereby acknowledge, confirm and agree that Administrative Agent and Lenders have, has and shall continue to have, have valid, enforceable and perfected first-priority liens upon and security interests in and liens upon the Collateral heretofore granted by Borrowers to Administrative Agent, for the benefit of Lenders, Agent pursuant to the Loan Financing Documents or otherwise granted to or held by Administrative Agent, subject only to Permitted Liens.

Appears in 1 contract

Samples: Forbearance and Consent Agreement (Loud Technologies Inc)

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