EXHIBIT 4.19
ACKNOWLEDGEMENT AND CONFIRMATION
TO: Xxxxx X.X. Xxxxx
000 Xxxxx Xxxx
Xxxxx Xxxxxxxxx, Xxxxxxx Xxxxxxxx
X0X 0X0
(the "Lender")
The undersigned refers to:
1. the loan consolidation agreement made effective as of the 1st day of
October, 2003 (as amended, renewed or replaced from time to time the
"Loan Agreement") entered into between the Lender and the undersigned;
and
2. the general security agreement dated August 30, 1999, and two general
security agreements each dated March 31, 2000 (collectively the "GSAs")
granted by the undersigned in favour of the Lender.
In consideration of the Lender entering into the Loan Agreement with the
undersigned, the undersigned hereby acknowledges, agrees and confirms to the
Lender that the GSAs are also delivered to the Lender and held by the Lender as
collateral security for the "Obligations" of the undersigned to the Lender under
the Loan Agreement and any promissory note or other security made by the
undersigned in favour of the Lender as evidence of the indebtedness of the
undersigned to the Lender under the Loan Agreement.
Dated this 10th day of February, 2004.
CONSOLIDATED ENVIROWASTE INDUSTRIES INC.
Per: "Xxxx Xxxxxxx"
-------------------------------------
Authorized Signatory
