Common use of Reaffirmation of Security Interests Clause in Contracts

Reaffirmation of Security Interests. The Borrower (a) affirms that each of the Liens granted in or pursuant to the Loan Documents are valid and subsisting and (b) agrees that this Amendment shall in no manner impair or otherwise adversely affect any of the Liens granted by it in or pursuant to the Loan Documents (other than any release of Liens in the School Assets by the Administrative Agent pursuant to Section 2 above).

Appears in 1 contract

Samples: Credit Agreement (Grand Canyon Education, Inc.)

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Reaffirmation of Security Interests. The Borrower (a) affirms that each of the Liens granted in or pursuant to the Loan Documents are valid and subsisting subsisting, and (b) agrees that this Amendment and all documents executed in connection herewith shall in no manner impair or otherwise adversely affect any of the Liens granted by it in or pursuant to the Loan Documents (other than any release of Liens in the School Assets by the Administrative Agent pursuant to Section 2 above)Documents. 4.6.

Appears in 1 contract

Samples: Revolving Credit Agreement (TCG BDC II, Inc.)

Reaffirmation of Security Interests. The Borrower (ai) affirms that each of the Liens granted in or pursuant to the Loan Documents are is valid and subsisting and (bii) agrees that this Amendment shall in no manner impair or otherwise adversely affect effect any of the Liens granted by it in or pursuant to the Loan Documents (other than any release of Liens in the School Assets by the Administrative Agent pursuant to Section 2 above)Documents.

Appears in 1 contract

Samples: Ipayment Inc

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Reaffirmation of Security Interests. The Borrower and Holdings (a) affirms that each of the Liens granted in or pursuant to the Loan Documents are valid and subsisting and (b) agrees that this Amendment shall does not in no any manner impair or otherwise adversely affect effect any of the Liens granted by it in or pursuant to the Loan Documents (other than any release of Liens in the School Assets by the Administrative Agent pursuant to Section 2 above)Documents.

Appears in 1 contract

Samples: First Amendment (Tornier N.V.)

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