Acknowledgment of Security Interests. Each Loan Party hereby acknowledges, confirms, and agrees that Agent has, and will continue to have, valid, enforceable, and perfected first-priority continuing Liens upon and security interests in the Collateral heretofore granted to Agent, for the benefit of Agent and Lenders, pursuant to the Guaranty and Security Agreement and the other Loan Documents or otherwise granted to or held by Agent, for the benefit of Agent and Lenders.
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Samples: Fourth Forbearance Agreement (Essex Rental Corp.), Third Forbearance Agreement (Essex Rental Corp.), Fifth Forbearance Agreement (Essex Rental Corp.)
Acknowledgment of Security Interests. Each Loan Credit Party hereby acknowledges, confirms, confirms and agrees that Agent has, and will continue to have, valid, enforceable, enforceable and perfected first-priority continuing Liens liens upon and security interests in the Collateral heretofore granted to Agent, for the benefit of Agent and Lenders, pursuant to the Guaranty and Security Loan Agreement and the other Loan Other Documents or otherwise granted to or held by Agent, for the benefit of Agent and Lenders.
Appears in 2 contracts
Samples: And Forbearance Agreement (Cti Industries Corp), Forbearance Agreement (Cti Industries Corp)
Acknowledgment of Security Interests. Each Loan Party hereby acknowledges, confirms, and agrees that Agent has, and will continue to have, valid, enforceable, and perfected first-priority continuing Liens liens upon and security interests in the Collateral heretofore granted to Agent, for the benefit of Agent and Lenders, pursuant to the Guaranty and Security Agreement and the other Loan Documents or otherwise granted to or held by Agent, for the benefit of Agent and Lenders.
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Acknowledgment of Security Interests. Each Loan Credit Party hereby acknowledges, confirms, confirms and agrees that the Agent has, has and will shall continue to have, have valid, enforceable, enforceable and perfected first-priority continuing Liens liens upon and security interests in the Collateral heretofore granted to Agent, for the benefit Agent (on behalf of Agent and Lenders, the Secured Parties) pursuant to the Guaranty and Security Credit Agreement and the other Loan Documents or otherwise granted to or held by the Agent, for the benefit of Agent and Lenders.
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