Original Security Agreement Sample Clauses

Original Security Agreement. This Agreement amends and restates the Original Security Agreement. The Obligations of the Pledgors under the Original Security Agreement and the grant of security interest in the Pledged Collateral by the Pledgors under the Original Security Agreement shall continue under this Agreement, and shall not in any event be terminated, extinguished or annulled or constitute an extinctive novation of the Obligations of the Pledgors under the Original Security Agreement, but shall hereafter be governed by this Agreement. All references to the term “Security Agreement” in any Loan Document (other than this Security Agreement) or other document or instrument delivered in connection therewith shall be deemed to refer to this Agreement and the provisions hereof. It is understood and agreed that the Original Security Agreement is being amended and restated by entry into this Agreement on the date hereof.

Original Security Agreement. This Agreement amends and restates the Amended and Restated Security Agreement, dated as of August 18, 2010 (the “Original Security Agreement”). The obligations of the Grantors under, and as defined in, the Original Security Agreement and the grant of security interests in the Collateral by the Grantors under the Original Security Agreement shall continue under this Agreement, and shall not in any event be terminated, extinguished or annulled, but shall hereafter be governed by this Agreement. All references to the Original Security Agreement in any Credit Document (other than this Agreement) or other document or instrument delivered in connection therewith shall be deemed to refer to this Agreement and the provisions hereof. It is understood and agreed that the Original Security Agreement is being amended and restated by entry into this Agreement on the date hereof. To the extent applicable, the Grantors hereby acknowledge and confirm each of the financing statements, fixture filings, filings with the United States Patent and Trademark Office or the United States Copyright Office or other instrument similar in effect to the foregoing under applicable law covering all or any part of the Collateral that were previously filed in favor of the Collateral Agent under the Original Security Agreement, and each Grantor ratifies its authorization for the Collateral Agent to file in any relevant jurisdictions any such financing statement, fixture filing or other instrument relating to all or any part of the Collateral if filed prior to the date hereof.