Confirmation of Security Agreement. Except as expressly modified by this Amendment, the Security Agreement is hereby confirmed as being in full force and effect and unmodified.
Confirmation of Security Agreement. The Borrower confirms that the obligations of the Borrower to the Bank hereunder and pursuant to the Note constitute “Obligations” within the meaning of that certain Security Agreement issued by the Borrower in favor of the Bank dated April 27, 2022. The Borrower further confirms that upon an occurrence of an "Event of Default" hereunder or under the Note, it shall constitute an Event of Default under the Security Agreement and will entitle the Bank to exercise all of its rights and remedies under the Security Agreement and applicable law.
Confirmation of Security Agreement. Except as amended by this Amendment, all of the provisions of the Security Agreement remain in full force and effect from and after the date hereof, and the Borrower hereby ratifies and confirms this Security Agreement and each of the documents executed in connection therewith. From and after the date hereof, all references in the Security Agreement to "this Agreement", "hereof", "herein", or similar terms, shall refer to the Security Agreement as amended by this Amendment.
Confirmation of Security Agreement. The Obligors hereby confirm that the obligations of the Obligors under this Amended and Restated Multi-Year Credit Agreement are entitled to all of the benefits of the Collateral Agency, Pledge and Security Agreement, dated as of July 15, 1997 (the "Security Agreement") between the Borrower, each of the Subsidiary Guarantors signatory thereto and The Chase Manhattan Bank, as Collateral Agent and Five-Year Agent and that the obligations of the Obligors under this Amended and Restated Multi-Year Credit Agreement shall constitute "Secured Obligations" (as defined in the Security Agreement) under and for all purposes of the Security Agreement and that (as of the Effective Date) all references to the "Five-Year Credit Agreement"(including indirect references) shall be deemed to be references to this Amended and Restated Multi-Year Credit Agreement. Each of Xxxxxxx'x Foods, Inc., Xxxxxxx'x Foods of Virginia, Inc., Circle Four Sales, Smithfield of Utah, Inc., Xxxxxxx'x of Utah, Inc., Circle Four Farms, LLC, North Side Foods, Corp., and Central Plains Farms, Inc. hereby agree to become Subsidiary Guarantors under and for all purposes of this Agreement and of the Security Agreement with all of the obligations, rights and duties of a Subsidiary Guarantor and of an Obligor hereunder and thereunder. Without limiting the generality of the foregoing, each of Xxxxxxx'x Foods and North Side Foods, Corp. pledges and grants a security interest in all right, title and interest of each of them in all the Collateral (as defined in Section 3 of the Security Agreement) now owned or hereafter acquired by each of them and whether now existing or hereafter coming into existence as collateral security for the Secured Obligations (as defined in the Security Agreement) and agrees that Annex 1 and Annex 2 thereof shall be supplemented as provided in Schedule 11 hereto and makes the representations and warranties set forth in Section 2 of the Security Agreement.
Confirmation of Security Agreement. A confirmation of the Third Party Security Agreement in the form of Exhibit A attached to this Amendment, duly executed by Xxxxxx-Xxxx.
Confirmation of Security Agreement. The parties hereto hereby confirm, acknowledge and agree that (i) Debtor has granted to Secured Party a security interest in any and all claims and/or rights of recovery Debtor may have against Networks arising out of any liability or indebtedness of Networks held by or owed to Debtor relating to the Lease Transaction Documents (as defined in the Lease Assignment), the Assignment or the Consent and any proceeds arising therefrom (the "Collateral") as specifically provided in Section 12 of the Consent, (ii) the Consent constitutes a security agreement (the "Security Agreement"), and (iii) the Security Agreement is hereby amended as provided in this Agreement. Debtor shall notify Security Party of any claims and/or rights of recovery constituting Collateral if and when same arise and provide Secured Party with reasonable documentation substantiating the nature and extent thereof.
Confirmation of Security Agreement. Grantors hereby (a) consent to the Credit Agreement, as amended and restated, (b) acknowledge that the obligations of the Grantors under the Security Agreement, and the Liens created thereby, are not impaired or affected by the amendment and restatement of the Credit Agreement, and that the Security Agreement continues in full force and effect, and (c) ratify and affirm the terms and provisions of the Security Agreement and the Liens created thereby. From and after the date of this Amendment, all references in the Security Agreement to “this Agreement,” “this Security Agreement”, “hereof,” “herein,” or similar terms, shall refer to the Security Agreement as amended by this Amendment.
Confirmation of Security Agreement. Except as expressly modified by this Amendment the Security Agreememt is hereby confirmed to be in full force and effect and is unmodified, and Borrower confirms that all representations and warranties contained in the Security Agreement and the other "Loan Documents" (as defined in the Security Agreement) are true and correct as of the date of this Amendment.
Confirmation of Security Agreement. The Borrower hereby reaffirms its Security Agreement, dated as of June 24, 1994 (the "Security Agreement") and further agrees that the Security Agreement secures all of the Borrower's obligations to the Bank, including the Borrower's obligations under the Loan Agreement, as amended by this Amendment.
Confirmation of Security Agreement. A Confirmation of Security Agreement, appropriately completed and duly executed by HRM Claim Management, inc.
