Notice and acknowledgement of security. In satisfaction of clause 5.2 of the Security Agreement, each Obligor hereby gives notice to each other part and each Party hereby accepts that is has received notice of the Security Interests created in and to each Obligor's rights, title and interest in each Finance Document to which it is a party as required under clause 5.2 of the Security Agreement as if such Obligor had executed and delivered the same and each Party confirms that, in respect of each such Security Interest, it shall, as a result of executing this Agreement, be deemed to be bound by the terms of the acknowledgement in the form set out in the relevant schedules to the Security Agreement as if it had executed and delivered the same to the Security Trustee.
Notice and acknowledgement of security. 18.5.1 In satisfaction of the Borrower Security Documents, each Obligor hereby gives notice to each other Party and each Party hereby accepts that it has received notice of the Security created in and to each Obligor’s rights, title and interest in each Borrower Finance Document to which it is a party as required under the Borrower Security Documents as if such Obligor had executed and delivered the same and each Party confirms that, in respect of each such Security, it shall, as a result of executing this Agreement, be deemed to be bound by the terms of the acknowledgement in the form set out in the relevant schedules to the relevant Borrower Security Document as if it had executed and delivered the same to the Borrower Security Trustee.
Notice and acknowledgement of security
