Common use of Acknowledgment of Security Interests Clause in Contracts

Acknowledgment of Security Interests. Borrower and Guarantors hereby acknowledge, confirm and agree that Bank has and shall continue to have valid, enforceable and perfected first-priority liens upon and security interests in the Collateral heretofore granted to Bank pursuant to the Loan Documents or otherwise granted to or held by Bank.

Acknowledgment of Security Interests. (a) Borrower hereby acknowledges, confirms and Guarantors hereby acknowledge, confirm and agree agrees that Bank has and shall continue to have valid, enforceable and perfected first-priority liens upon and security interests in the Collateral heretofore upon or in which Bank has been granted to Bank pursuant to the Loan Documents or otherwise granted to holds a lien or held by Banksecurity interest.

Acknowledgment of Security Interests. Borrower hereby acknowledges, confirms and Guarantors hereby acknowledge, confirm and agree agrees that Bank has has, and shall will continue to have have, valid, enforceable and perfected first-priority continuing liens upon and security interests in the Collateral heretofore granted to Bank and for the benefit of Bank, pursuant to the Credit Agreement and the Loan Documents or otherwise granted to or held by Bank.

Acknowledgment of Security Interests. Borrower hereby acknowledges, confirms and Guarantors hereby acknowledge, confirm and agree agrees that Bank has and shall continue to have valid, enforceable and perfected first-priority liens upon and security interests in the Collateral heretofore granted to Bank pursuant to the Loan Documents or otherwise granted to or held by Bank.

Acknowledgment of Security Interests. Except as otherwise set forth herein, Borrower and Guarantors hereby acknowledge, confirm and agree that Bank has and shall continue to have valid, enforceable and perfected first-priority liens upon and security interests in the Collateral heretofore granted to Bank pursuant to the Loan Documents or otherwise granted to or held by Bank.