Common use of Confirmation of Liens Clause in Contracts

Confirmation of Liens. Each Borrower acknowledges, confirms and agrees that the Financing Agreements, as amended hereby, are effective to grant to Lender duly perfected, valid and enforceable first priority security interests and liens in the Collateral described therein, except for liens set forth in Sections 8.4 and 9.8 and Schedule 8.4 (as amended hereby), and that the locations for such Collateral specified in the Financing Agreements have not changed except as provided herein or as previously disclosed to the Lender. Each Borrower further acknowledges and agrees that all Obligations of the Borrowers are and shall be secured by the Collateral.

Appears in 9 contracts

Samples: Loan and Security Agreement (Transpro Inc), Loan and Security Agreement (Picturetel Corp), Loan and Security Agreement (Transpro Inc)

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Confirmation of Liens. Each Borrower and Obligor acknowledges, confirms and agrees that the Financing Agreements, as amended hereby, are effective to grant to Lender duly perfected, valid and enforceable first priority security interests in and liens in on the Collateral described therein, except for liens set forth referenced in Sections 8.4 and 9.8 and Schedule 8.4 (as amended hereby)of the Loan Agreement, and that the locations for such Collateral specified in the Financing Agreements have not changed except as provided herein or as previously disclosed to the Lender. Each Borrower and Obligor further acknowledges and agrees that all Obligations of the Borrowers are and shall be secured by the Collateral.

Appears in 4 contracts

Samples: Loan and Security Agreement (Proliance International, Inc.), Loan and Security Agreement (Proliance International, Inc.), Loan and Security Agreement (Proliance International, Inc.)

Confirmation of Liens. Each Borrower and Obligor acknowledges, confirms and agrees that the Financing Agreements, as amended hereby, are effective to grant to Lender duly perfected, valid and enforceable first priority security interests in and liens in on the Collateral described therein, except for liens set forth in permitted under Sections 8.4 and 9.8 and Schedule 8.4 (as amended hereby)of the Loan Agreement, and that the locations for such Collateral specified in the Financing Agreements have not changed except as provided herein or as previously disclosed to the Lender. Each Borrower and Obligor further acknowledges and agrees that all Obligations of the Borrowers are and shall be secured by the Collateral.

Appears in 1 contract

Samples: Loan and Security Agreement (Proliance International, Inc.)

Confirmation of Liens. Each Borrower and Obligor acknowledges, confirms and agrees that the Financing Agreements, as amended hereby, are effective to grant to Lender duly perfected, valid and enforceable first priority security interests in and liens in on the Collateral described thereintherein (other than the G&O Collateral), except for liens set forth referenced in Sections 8.4 and 9.8 and Schedule 8.4 (as amended hereby)of the Loan Agreement, and that the locations for such Collateral specified in the Financing Agreements have not changed except as provided herein or as previously disclosed to the Lender. Each Borrower and Obligor further acknowledges and agrees that all Obligations of the Borrowers are and shall be secured by the Collateral, as amended hereby.

Appears in 1 contract

Samples: Loan and Security Agreement (Transpro Inc)

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Confirmation of Liens. Each Borrower and Obligor acknowledges, confirms and agrees that the Financing Agreements, as amended hereby, are effective to grant to Lender duly perfected, valid and enforceable first priority security interests in and liens in on the Collateral described therein, except for liens set forth referenced in Sections 8.4 and 9.8 and Schedule 8.4 (as amended hereby), each, of the Loan Agreement, and that the locations for such Collateral specified in the Financing Agreements have not changed except as provided herein or as previously disclosed to the Lender. Each Borrower and Obligor further acknowledges and agrees that all Obligations of the Borrowers are and shall be secured by the Collateral.

Appears in 1 contract

Samples: Loan and Security Agreement (Transpro Inc)

Confirmation of Liens. Each Borrower and Obligor acknowledges, confirms and agrees that the Financing Agreements, as amended hereby, are effective to grant to Lender duly perfected, valid and enforceable first priority security interests in and liens in on the Collateral described thereintherein (including the Aftermarket Assets), except for liens set forth referenced in Sections 8.4 and 9.8 and Schedule 8.4 (as amended hereby)) of the Loan Agreement, and that the locations for such Collateral specified in the Financing Agreements have not changed except as provided herein or as previously disclosed to the Lender. Each Borrower and Obligor further acknowledges and agrees that all Obligations of the Borrowers are and shall be secured by the Collateral, as amended hereby.

Appears in 1 contract

Samples: Loan and Security Agreement (Transpro Inc)

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