Borrower’s Acknowledgement. The Borrower acknowledges that the Security previously granted to CIBC by it under or in connection with the Credit Facilities, the Credit Agreement, or otherwise, continues in full force and effect, without in any way impairing or derogating from any of the mortgages, pledges, charges, assignments, security interests and covenants therein contained or thereby constituted, as continuing security for the Indebtedness under the Credit Agreement and any other indebtedness from time to time owed by the Borrower to CIBC.
Appears in 6 contracts
Samples: Fifth Amending Agreement (Protective Products of America, Inc.), Third Amending Agreement (Protective Products of America, Inc.), Fourth Amending Agreement (Protective Products of America, Inc.)
Borrower’s Acknowledgement. The Borrower acknowledges that the Security previously granted to CIBC by it under or in connection with the Credit Facilities, the Credit Agreement, Agreement or otherwise, otherwise continues in full force and effect, without in any way impairing or derogating from any of the mortgages, pledges, charges, assignments, security interests and covenants therein contained or thereby constituted, as continuing security for the Indebtedness under the Credit Agreement and any other indebtedness from time to time owed by the Borrower to CIBC.
Appears in 3 contracts
Samples: First Amending Agreement (Protective Products of America, Inc.), Second Amending Agreement (Protective Products of America, Inc.), Second Amending Agreement (Protective Products of America, Inc.)
