Common use of Confirmation of Security Clause in Contracts

Confirmation of Security. For the avoidance of doubt, the Borrower confirms for the benefit of the Finance Parties that, the Security created by it pursuant to the Transaction Security Document to which it is a party shall (a) remain in full force and effect notwithstanding the amendments referred to in Clause 3 (Amendments) and (b) continue to secure the Secured Liabilities under the Finance Documents as amended (including, but not limited to, under the Amended Facility Agreement).

Confirmation of Security. For the avoidance of doubt, the The Borrower confirms for the benefit of the Finance Parties that, that the Security created by it pursuant to the Transaction each Security Document to which it is a party shall (a) remain shall, subject to the enforcement or similar limitations set out in the respective Security Document remains in full force and effect notwithstanding the amendments referred to in Clause clause 3 (Amendments) and (b) continue to secure the Secured Liabilities under the Finance Documents as amended (including, but not limited to, under the Amended Facility Agreement).

Confirmation of Security. For the avoidance of doubt, the Borrower each Obligor confirms for the benefit of the Finance Parties that, the Security created by it pursuant to the each Transaction Security Document to which it is a party shall (a) remain in full force and effect notwithstanding the amendments confirmation referred to in Clause 3 (AmendmentsConfirmation) and the amendment referred to in Clause 4.1 (Amendment of the Original Facility Agreement) and (b) continue to secure the Secured Liabilities under the Finance Documents as amended (including, but not limited to, under the Amended Facility Agreement).

Confirmation of Security. For the avoidance of doubt, the Borrower confirms for the benefit of the Finance Parties that, the Security created by it pursuant to the Transaction Security Document to which it is a party shall (a) remain in full force and effect notwithstanding the amendments amendment referred to in Clause 3 3.1 (AmendmentsAmendment of the Original Facility Agreement) and (b) continue to secure the Secured Liabilities under the Finance Documents as amended (including, but not limited to, under the Amended Facility Agreement).

Confirmation of Security. For the avoidance of doubt, the Borrower each Obligor and Maersk Drilling confirms for the benefit of the Finance Parties that, that the Security created by it pursuant to the Transaction each Security Document to which it is a party shall (a) remain in full force and effect notwithstanding the amendments referred to in Clause 3 3.1 (Amendments) Amendment of the Original Facility Agreement), and (b) continue to secure the its Secured Liabilities Obligations under the Finance Documents as amended (including, but not limited to, under the Amended Facility Agreement).

Confirmation of Security. For the avoidance of doubt, the Borrower confirms for the benefit of the Finance Parties that, the Security created by it pursuant to the Transaction Security Document to which it is a party shall (a) remain in full force and effect notwithstanding the amendments amendment referred to in Clause 3 3.1 (Amendments) and (b) continue to secure Amendment of the Secured Liabilities under the Finance Documents as amended (including, but not limited to, under the Amended Original Facility Agreement).) and

Confirmation of Security. For the avoidance of doubt, the Borrower each Obligor confirms for the benefit of the Finance Parties that, that the Security created by it pursuant to the each Transaction Security Document to which it is a party shall (a) remain in full force and effect notwithstanding the amendments referred to in Clause 3 4 (AmendmentsRestatement) and the Intercreditor Amendment Agreement and (b) continue to secure the its Secured Liabilities Obligations under the Finance Documents as amended (including, but not limited to, under the Amended Facility Facilities Agreement).

Confirmation of Security. For the avoidance of doubt, the Borrower each Obligor confirms for the benefit of the Finance Parties that, the Security created by it pursuant to the each Transaction Security Document to which it is a party shall (a) remain in full force and effect notwithstanding the amendments the amendment referred to in Clause 3 3.1 (AmendmentsAmendment of the Original Facility Agreement) and (b) continue to secure the Secured Liabilities under the Finance Documents as amended (including, but not limited to, under the Amended Facility Agreement).

Confirmation of Security. For the avoidance of doubt, the Borrower each Obligor confirms for the benefit of the Finance Parties that, the Security created by it pursuant to the Transaction each Security Document to which it is a party shall (a) remain in full force and effect notwithstanding the amendments referred to in Clause 3 clause 0 (AmendmentsRestatement of the Original Facilities Agreement) and (b) continue to secure the its Secured Liabilities Obligations under the Finance Documents as amended (including, but not limited to, under the Amended Facility Facilities Agreement).

Confirmation of Security. For the avoidance of doubt, the Borrower confirms for the benefit of the Finance Parties that, Bank that the Security created by it pursuant to the Transaction Amended Security Document Agreement to which it is a party shall shall: (a) remain in full force and effect notwithstanding the amendments referred to in Clause 3 (Amendments) above; and (b) continue to secure the Secured Liabilities its relevant obligations under the Finance Documents as amended (including, but not limited to, under the Amended Facility AgreementFinance Contract).

Confirmation of Security. For the avoidance of doubt, the Borrower confirms for the benefit of the Finance Parties that, Bank that the Security created by it pursuant to the Transaction Amended Security Document Agreement to which it is a party shall shall: (a) remain in full force and effect notwithstanding the amendments referred to in Clause 3 ‎3 (Amendments) above; and (b) continue to secure the Secured Liabilities its relevant obligations under the Finance Documents as amended (including, but not limited to, under the Amended Facility AgreementFinance Contract).

Confirmation of Security. For the avoidance of doubt, each of the Borrower Guarantor and the Security Provider confirms for the benefit of the Finance Parties that, that the Security created by it pursuant to the Transaction each Security Document to which it is a party shall shall: (a) remain in full force and effect notwithstanding the amendments referred to in Clause 3 2 (Amendments) and Restatement); and (b) continue to secure the Secured Liabilities Obligations under the Finance Documents as amended (including, but not limited to, under the Amended Facility Restated Agreement).

Confirmation of Security. For the avoidance of doubt, the Borrower each Obligor confirms for the benefit of the Finance Parties that, the Security created by it pursuant to the each Transaction Security Document to which it is a party shall (a) remain in full force and effect notwithstanding the amendments referred to in Clause 3 5.1 (AmendmentsAmendment of the Original Facility Agreement) and (b) continue to secure the its Secured Liabilities under the Finance Documents as amended (including, but not limited to, under the Amended Facility Agreement).

Confirmation of Security. For the avoidance of doubt, the Borrower each Obligor confirms for the benefit of the Finance Parties that, the Security created by it pursuant to the each Transaction Security Document to which it is a party shall (a) remain in full force and effect notwithstanding the amendments referred to in Clause 3 (Amendments( Amendment and Restatement) and (b) continue to secure the Secured Liabilities under the Finance Documents as amended (including, but not limited to, under the Amended Facility Agreement).