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
Appears in 2 contracts
Samples: Facility Agreement (Grindrod Shipping Holdings Ltd.), Facility Agreement (Grindrod Shipping Holdings Ltd.)
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 Transaction Obligors under the Finance Documents as amended and supplemented by this Agreementletter;
(b) the obligations of the relevant Transaction 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.
Appears in 2 contracts
Samples: Facility Agreement (Grindrod Shipping Holdings Ltd.), Facility Agreement (Grindrod Shipping Holdings Ltd.)
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
Appears in 1 contract
Samples: Facility Agreement (Grindrod Shipping Holdings Ltd.)
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.
Appears in 1 contract
Samples: Facility Agreement (Grindrod Shipping Holdings Ltd.)