Attachment of Security Interest. The Grantors and the Secured Parties hereby acknowledge that (a) value has been given; (b) each Grantor has rights in the Collateral in which it has granted a security interest; (c) this Agreement constitutes a security agreement as that term is defined in the PPSA; and (d) the security interest attaches upon the execution of this Agreement (or in the case of any after-acquired property, at the time of acquisition thereof).
Appears in 3 contracts
Samples: Canadian Collateral Agreement (Thompson Creek Metals CO Inc.), Guarantee and Collateral Agreement (Dealertrack Technologies, Inc), Canadian Guarantee and Collateral Agreement (Thompson Creek Metals CO Inc.)
Attachment of Security Interest. The Grantors Each Grantor and the Secured Parties hereby acknowledge that (a) value has been given; (b) each Grantor has rights in the Collateral in which it has granted a security interest; (c) this Security Agreement constitutes a security agreement as that term is defined in the PPSA; and (d) the security interest attaches upon the execution of this Security Agreement (or in the case of any after-acquired property, at the time of acquisition thereof).
Appears in 2 contracts
Samples: Credit Agreement (Sprague Resources LP), Security Agreement
Attachment of Security Interest. The Grantors and the Secured Parties hereby acknowledge that (a) value has been given; (bgiven;(b) each Grantor has rights in the Collateral in which it has granted a security interest; (c) this Agreement constitutes a security agreement as that term is defined in the PPSA; and (d) the security interest attaches upon the execution of this Agreement (or in the case of any after-acquired property, at the time of acquisition thereof).
Appears in 1 contract
Samples: Guarantee and Collateral Agreement (Thermon Group Holdings, Inc.)