Continuity and Further Assurance. 3.1 The Collateral Agent and the Security Grantor confirm and agree that (i) save as amended by this Agreement, all provisions of the Security Agreement shall remain unchanged, (ii) the validity and effectiveness of the provisions of the Security Agreement shall remain unaffected by this Agreement, to the extent not amended by this Agreement (iii) the validity and effectiveness of the security interests created under the Security Agreement shall not be affected by this Agreement; and (iv) such security interests shall continue to secure the Obligations (as defined in the Amended Security Agreement). For the avoidance of doubt, the provisions in the IP Assignment Agreement relating to the limitations on enforcement of the security granted thereunder and the application of proceeds of an enforcement of such security shall not be affected by the amendments pursuant to this Agreement. 3.2 The Security Grantor shall, at the reasonable request of the Security Agent and at the Security Grantors’ expense, do all such acts and things necessary or desirable to give effect to the amendments effected or to be effected pursuant to this Agreement. 3.3 The Collateral Agent and the Security Grantor agree that this Agreement shall constitute a “Security Document” for the purposes of the First Lien Intercreditor Agreement (and for no other purpose) and that, all rights, duties, privileges, protections and benefits of the Collateral Agent set forth in the Amended Security Agreement are hereby incorporated by reference.
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Samples: Confirmation and Amendment Agreement (RenPac Holdings Inc.)
Continuity and Further Assurance. 3.1 The Collateral Agent and the Security Grantor Grantors confirm and agree that (i) save as amended by this Agreement, all provisions of the Security Agreement Agreements shall remain unchanged, (ii) the validity and effectiveness of the provisions of the Security Agreement Agreements shall remain unaffected by this Agreement, to the extent not amended by this Agreement (iii) the validity and effectiveness of the security interests created under the Security Agreement Agreements shall not be affected by this Agreement; and (iv) such security interests shall continue to secure the Obligations (as defined in the Amended Security AgreementAgreements). For the avoidance of doubt, the provisions in the IP Assignment Swiss Grantor Security Agreement relating to the limitations on enforcement of the security granted thereunder and the application of proceeds of an enforcement of such security shall not be affected by the amendments pursuant to this Agreement.
3.2 The Security Grantor Grantors shall, at the reasonable request of the Security Agent and at the Security Grantors’ expense, do all such acts and things necessary or desirable to give effect to the amendments effected or to be effected pursuant to this Agreement.
3.3 The Collateral Agent and the each Security Grantor agree that this Agreement shall constitute a “Security Document” for the purposes of the First Lien Intercreditor Agreement (and for no other purpose) and that, all rights, duties, privileges, protections and benefits of the Collateral Agent set forth in the Amended Security Agreement Agreements are hereby incorporated by reference.
Appears in 1 contract
Samples: Confirmation and Amendment Agreement (RenPac Holdings Inc.)
Continuity and Further Assurance. 3.1 4.1 The Collateral Agent and the Security Grantor Grantors confirm and agree that (i) save as amended by this Agreement, all provisions of the Security Agreement Agreements shall remain unchanged, (ii) the validity and effectiveness of the provisions of the Security Agreement Agreements shall remain unaffected by this Agreement, to the extent not amended by this Agreement (iii) the validity and effectiveness of the security interests created under the Security Agreement Agreements shall not be affected by this Agreement; and (iv) such security interests shall continue to secure the Obligations (as defined in the Amended Security AgreementAgreements). For the avoidance of doubt, and unless otherwise agreed pursuant to this Agreement, the provisions in the Swiss IP Assignment Agreement Agreements relating to the limitations on enforcement of the security granted thereunder and the application of proceeds of an enforcement of such security shall not be affected by the amendments pursuant to this Agreement.
3.2 4.2 The Security Grantor Grantors shall, at the reasonable request of the Security Agent (acting on the reasonable instructions of the Secured Parties) and at the Security Grantors’ expense, do all such acts and things necessary or desirable to give effect to the amendments effected or to be effected pursuant to this Agreement.
3.3 4.3 The Collateral Agent and the each Security Grantor agree that this Agreement shall constitute a “Security Document” for the purposes of the First Lien Intercreditor Agreement (and for no other purpose) and that, all rights, duties, privileges, protections and benefits of the Collateral Agent set forth in the Amended Security Agreement Agreements are hereby incorporated by reference.
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Samples: Confirmation and Amendment Agreement (Beverage Packaging Holdings (Luxembourg) v S.A.)
Continuity and Further Assurance. 3.1 The Collateral Agent and the Security Grantor Grantors confirm and agree that (i) save as amended by this Agreement, all provisions of the Security Agreement Agreements shall remain unchanged, (ii) the validity and effectiveness of the provisions of the Security Agreement Agreements shall remain unaffected by this Agreement, to the extent not amended by this Agreement (iii) the validity and effectiveness of the security interests created under the Security Agreement Agreements shall not be affected by this Agreement; and (iv) such security interests shall continue to secure the Obligations (as defined in the Amended Security AgreementAgreements). For the avoidance of doubt, the provisions in the IP Assignment each Swiss Grantor Security Agreement relating to the limitations on enforcement of the security granted thereunder and the application of proceeds of an enforcement of such security shall not be affected by the amendments pursuant to this Agreement.
3.2 The Security Grantor Grantors shall, at the reasonable request of the Security Agent and at the Security Grantors’ expense, do all such acts and things necessary or desirable to give effect to the amendments effected or to be effected pursuant to this Agreement.
3.3 The Collateral Agent and the each Security Grantor agree that this Agreement shall constitute a “Security Document” for the purposes of the First Lien Intercreditor Agreement (and for no other purpose) and that, all rights, duties, privileges, protections and benefits of the Collateral Agent set forth in the Amended Security Agreement Agreements are hereby incorporated by reference.
Appears in 1 contract
Samples: Confirmation and Amendment Agreement (RenPac Holdings Inc.)