Common use of Acknowledgment of Perfection of Security Interest Clause in Contracts

Acknowledgment of Perfection of Security Interest. Each Note Party hereby acknowledges that, as of the date hereof, the security interests and liens granted to Collateral Agent and the Purchasers under the Note Purchase Agreement and the other Note Documents are in full force and effect, are properly perfected and are enforceable in accordance with the terms of the Note Purchase Agreement and the other Note Documents.

Appears in 11 contracts

Samples: Note Purchase Agreement (Ontrak, Inc.), Note Purchase Agreement (CAPSTONE TURBINE Corp), Note Purchase Agreement (Ontrak, Inc.)

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Acknowledgment of Perfection of Security Interest. Each Note Party hereby acknowledges that, as of the date hereof, the security interests and liens granted to Collateral Agent and the Purchasers under the Note Purchase Agreement and the other Note Documents are in full force and effect, are properly perfected and are enforceable in accordance with the terms of the Note Purchase Agreement and the other Note Documents.. ​

Appears in 4 contracts

Samples: Note Purchase Agreement (Capstone Green Energy Corp), Note Purchase Agreement (Capstone Green Energy Corp), Note Purchase Agreement (Capstone Green Energy Corp)

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Acknowledgment of Perfection of Security Interest. Each Note Party hereby acknowledges that, as of the date hereof, the security interests and liens granted to Collateral Agent and the Purchasers under the Note Purchase Agreement and the other Note Documents are in full force and effect, are properly perfected (except for the accounts identified in clause 9 of Section A, until such time deposit account control agreements are executed and delivered in accordance with clause 9 of Section A) and are enforceable in accordance with the terms of the Note Purchase Agreement and the other Note Documents.

Appears in 1 contract

Samples: Note Purchase Agreement (Capstone Green Energy Corp)

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