Common use of Confirmation of Security Interests Clause in Contracts

Confirmation of Security Interests. Borrower confirms and agrees that all prior security interests and liens granted to Agent, for the benefit of the Lenders, in all existing and future assets of any Borrower remain unimpaired and in full force and effect and shall continue to cover and secure all Obligations. Borrower further confirms and represents that all of the collateral of Borrower remains free and clear of all liens other than those in favor of Agent, for the benefit of the Lenders, or as otherwise permitted in the Agreement. Nothing contained herein is intended to in any way impair or limit the validity, priority or extent of Agent’s security interest in and liens upon the collateral of Borrower.

Confirmation of Security Interests. Borrower confirms and agrees that all prior security interests and liens granted to Agent, for Agent in and to the benefit Collateral of the Lenders, in all existing and future assets of any Borrower remain unimpaired and in full force and effect and shall continue to cover and secure all Obligations. Borrower further confirms and represents that all of the collateral Collateral of Borrower remains free and clear of all liens other than those in favor of Agent, for the benefit of the Lenders, Agent or as otherwise permitted in the Agreement, except for Permitted Encumbrances. Nothing contained herein is intended to in any way impair or limit the validity, priority or extent of Agent’s security interest in and liens upon the collateral Collateral of Borrower.

Confirmation of Security Interests. Borrower Xxxxxxxx confirms and agrees that all prior security interests and liens granted to Agent, for the benefit of the Lenders, Agent in all existing and future assets of any Borrower remain Xxxxxxxx remains unimpaired and in full force and effect and shall continue to cover and secure all Obligations. Borrower Xxxxxxxx further confirms and represents that all of the collateral of Borrower Xxxxxxxx remains free and clear of all liens other than those in favor of Agent, for the benefit of the Lenders, or as otherwise permitted in the Agreement. Nothing contained herein is intended to in any way impair or limit the validity, priority or extent of Agent’s security interest in and liens upon the collateral of Borrower.

Confirmation of Security Interests. Borrower confirms and agrees that all prior security interests and liens granted to Agent, for the benefit of the Agent and Lenders, in all existing and future assets of any Borrower remain the Collateral remains unimpaired and in full force and effect and shall continue to cover and secure all Obligations. Borrower further confirms and represents that all of the collateral of Borrower Collateral remains free and clear of all liens other than those in favor of Agent, for the benefit of the Agent and Lenders, or as otherwise permitted in the Agreement. Nothing contained herein is intended to in any way impair or limit the validity, priority or extent of Agent’s security interest in and liens upon the collateral of BorrowerCollateral.