Attachment of Security Interest. The parties hereby acknowledge their mutual intention that the security interest created by this Agreement is to attach, upon the execution of this Agreement by Pledgor and that value has been given and that the Pledgor has rights in the Collateral as of the date hereof.
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Samples: Share Purchase Agreement (Brascan Corp/), Share Purchase Agreement (Brascan Corp/), Share Pledge Agreement (Falconbridge LTD)
Attachment of Security Interest. The parties hereby acknowledge their mutual intention that the security interest created by this Agreement agreement is to attach, for the purposes of the Personal Properly Security Act (Ontario), upon the execution and delivery of this Agreement by Pledgor agreement and that value has been given and that the Pledgor has rights in the shares included in the Collateral as of the date hereof. The Pledgor acknowledges receipt of an executed copy of this agreement.
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