Common use of Additional Confirmations Clause in Contracts

Additional Confirmations. The Borrower and Guarantors hereby represent, warrant and covenant as follows: (i) that the Lender’s Liens and security interests in all of the “Collateral” (as such term is defined in the Purchase Agreement and each of the Security Agreements) are and remain valid, perfected, first-priority security interests in such Collateral, subject only to Permitted Liens, and neither the Borrower, nor the Guarantors, have granted any other Liens or security interests of any nature or kind in favor of any other Person affecting any of such Collateral.

Additional Confirmations. The Borrower and Guarantors Borrowers hereby represent, warrant and covenant as follows: (i) that the Lender’s Liens and security interests in all of the “Collateral” (as such term is defined in the Purchase Credit Agreement and each of the Security AgreementsAgreement) are and remain valid, perfected, first-priority security interests in such Collateral, subject only to Permitted Liens, and neither the Borrower, nor the Guarantors, Borrowers have not granted any other Liens or security interests of any nature or kind in favor of any other Person affecting any of such Collateral.

Additional Confirmations. The Borrower and Guarantors Borrowers hereby represent, warrant and covenant as follows: (i) that the Lender’s Liens and security interests in all of the “Collateral” (as such term is defined in the Purchase Agreement and each of the Security Agreements) Agreement, as hereby amended), are and remain valid, perfected, first-priority security interests in such Collateral, subject only to Permitted Liens, and neither the Borrower, nor the Guarantors, Borrowers have not granted any other Liens or security interests of any nature or kind in favor of any other Person affecting any of such Collateral.

Additional Confirmations. The Borrower and Guarantors Borrowers hereby represent, warrant and covenant as follows: (i) that the Lender’s Liens and security interests in all of the “Collateral” (as such term is defined in the Purchase Credit Agreement and each of the Security AgreementsAgreement) are and remain valid, perfected, first-priority security interests in such Collateral, subject only to Permitted LiensLiens and as otherwise released in accordance with the terms of the Settlement Agreement and the Debt Purchase Agreement, and neither the Borrower, nor the Guarantors, Borrowers have not granted any other Liens or security interests of any nature or kind in favor of any other Person affecting any of such Collateral.