Common use of Transfer Restrictions: Acknowledgment of Security Interest Clause in Contracts

Transfer Restrictions: Acknowledgment of Security Interest. This Note shall not be transferrable by the Holder hereof without the prior written consent of the Borrower (which consent shall not be unreasonably withheld). The Holder hereby acknowledges, and agrees to, the Borrower's grant of its interest herein to the Lenders under the Credit Agreement, dated as of the date hereof, to collaterally secure the Borrower's obligations under such Credit Agreement.