Security confirmation. On the Effective Date, each Obligor confirms that:
(a) any Security Interest created by it under the Finance Documents extends to the obligations of the relevant Obligors under the Finance Documents as amended and supplemented by this Agreement;
(b) the obligations of the relevant Obligors under the Finance Documents as amended and supplemented by this Agreement are included in the Secured Liabilities (as defined in the Finance Documents to which they are a party);
(c) the Security Interests created under the Finance Documents continue in full force and effect on the terms of the respective Finance Documents; and
(d) to the extent that this confirmation creates a new Security Interest, such Security Interest shall be on the terms of the Finance Documents in respect of which this confirmation is given.
Security confirmation. By its countersignature of this letter, each Obligor confirms that:
(a) any Security created by it under the Finance Documents extends to the obligations of the relevant Obligors under the Finance Documents as amended and supplemented by this Agreement;
(b) the obligations of the relevant Obligors under the Facility Agreement as amended and supplemented by this letter are included in the Secured Liabilities (as defined in the Security Documents to which it is a party); and
(c) the Security created under the Finance Documents continues in full force and effect on the terms of the respective Finance Documents
Security confirmation. The Administrative Agent (or its counsel) shall have received from each of the Manager and any sub-managers, confirmations as to any existing security granted in connection with this Agreement and any other Secured Debt Documents.
Security confirmation. On the Effective Date, each Obligor confirms that:
(a) any Security created by it under the Finance Documents extends to the obligations of the Obligors under the Finance Documents as amended and supplemented by this Deed;
(b) the obligations of the relevant Obligors under the Amended Facility Agreement are included in the Secured Liabilities (as defined in the Security Documents to which it is a party); and
(c) the Security created under the Finance Documents continues in full force and effect on the terms of the respective Finance Documents.
Security confirmation. (a) The German Borrower hereby confirms that the Security Documents entered into by it continue in full force and effect and also shall secure its obligations and the obligations of any of the other Obligors under the Amended Facility Agreement.
(b) The Belgian Borrower hereby confirms that the Security Documents entered into by it continue in full force and effect and also shall secure its obligations and the obligations of any of the other Obligors under the Amended Facility Agreement.
(c) Kronos Denmark ApS hereby confirms that the Security Documents entered into by it continue in full force and effect and also shall secure its obligations and the obligations of any of the other Obligors under the Amended Facility Agreement
(d) Each of the Norwegian Borrowers hereby confirms that the Security Documents entered into by it continue in full force and effect and also shall secure its obligations and the obligations of any of the other Norwegian Borrowers under the Amended Facility Agreement, in each case to the extent as permitted under the Norwegian Companies Xxx 0000 Section 8-7.
Security confirmation. Each of the Obligors confirms that:
(a) any security interest created by it under the Convertible Notes extends to their and the Borrower’s respective obligations under the Convertible Notes as amended and supplemented by this Agreement; and
(b) the security interests created under the Convertible Notes continue in full force and effect on the terms of the respective Convertible Notes.
Security confirmation. Each of the Company (for itself and as agent on behalf of each other Obligor) and the Parent confirms that, with effect from (and including) the Effective Date, the liabilities and obligations arising under the Amended and Restated Facility Agreement and the Finance Documents shall form part of (but do not limit) the “Secured Obligations”, the “Secured Claims” or the liabilities and obligations corresponding to “Secured Receivables” (as appropriate) as defined in any Transaction Security Document to which the Company, any Obligor or the Parent (as appropriate) is a party.
Security confirmation. On the Effective Date, each Transaction Obligor confirms that:
(a) any Security created by it under the Finance Documents extends to the obligations of the relevant Transaction Obligors under the Amended Facility Agreement and the other Finance Documents;
(b) the obligations of the relevant Transaction Obligors under the Amended Facility Agreement are secured by the Security created under the Finance Documents to which it is a party as Secured Liabilities; and
(c) the Security created under the Finance Documents continues in full force and effect on the terms of the respective Finance Documents; and
(d) this Security confirmation neither creates nor purports to create a registrable Security.
Security confirmation. Each Obligor and each Security Provider confirms that the guarantees and Security Interests created by the Credit Agreement and the Security Documents remain in full force and effect and secure all amounts outstanding under the Finance Documents as amended by this Agreement, notwithstanding the amendments to the Credit Agreement made by this Agreement.
Security confirmation. (a) The German Borrower hereby confirms that, deviating from Section 418 of the German Civil Code (Burgerliches Gesetzbuch), the Security Documents entered into by the German Borrower also shall secure the obligations of Kronos Norge AS, Kronos Denmark ApS and any of the other Obligors under the Amended Facility Agreement.
(b) The Belgian Borrower hereby confirms that the Security Documents entered into by them also shall secure the obligations of Kronos Norge AS, Kronos Denmark ApS and any of the Obligors under the Amended Facility Agreement.
(c) Kronos Denmark ApS hereby confirms that the Security Documents entered into by it also shall secure its obligations and the obligations of Kronos Norge AS and any of the Obligors under the Amended Facility Agreement
