Common use of Reaffirmation of Security Interest Clause in Contracts

Reaffirmation of Security Interest. The Borrower hereby reaffirms as of the date hereof each and every security interest and Lien granted in favor of the Security Agent and the Banks under the Loan Documents, and agrees and acknowledges that such security interests and Liens shall continue from and after the date hereof and shall remain in full force and effect from and after the date hereof, in each case after giving effect to the Credit Agreement as amended by this Amendment, and the Obligations secured thereby and thereunder shall include the Borrower’s obligations under the Credit Agreement as amended by this Amendment. Each such reaffirmed security interest and Lien remains and shall continue to remain in full force and effect and is hereby in all respects ratified and confirmed.

Appears in 4 contracts

Samples: Credit Agreement (Willis Lease Finance Corp), Credit Agreement (Willis Lease Finance Corp), Credit Agreement (Willis Lease Finance Corp)

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Reaffirmation of Security Interest. The Borrower hereby ---------------------------------- reaffirms as of the date hereof each and every security interest and Lien lien granted in favor of the Security Agent and the Banks Lenders under the Loan Documents, and agrees and acknowledges that such security interests and Liens liens shall continue from and after the date hereof and shall remain in full force and effect from and after the date hereof, in each case after giving effect to the Credit Agreement as amended by this Amendment, and the Obligations obligations secured thereby and thereunder shall include the Borrower’s 's obligations under the Credit Agreement as amended by this Amendment. Each such reaffirmed security interest and Lien lien remains and shall continue to remain in full force and effect and is hereby in all respects ratified and confirmed.

Appears in 2 contracts

Samples: Credit Facility Agreement (Marlin Business Services Corp), Credit Facility Agreement (Marlin Business Services Corp)

Reaffirmation of Security Interest. The Borrower hereby reaffirms as of the date hereof each and every security interest and Lien granted in favor of the Security Agent and the Banks under the Loan Documents, and agrees and acknowledges that such security interests and Liens shall continue from and after the date hereof and shall remain in full force and effect from and after the date hereof, in each case after giving effect to the Credit Agreement as amended by this Amendment, and the Obligations obligations secured thereby and thereunder shall include the Borrower’s 's obligations under the Credit Agreement as amended by this Amendment. Each such reaffirmed security interest and Lien remains and shall continue to remain in full force and effect and is hereby in all respects ratified and confirmed.

Appears in 2 contracts

Samples: Credit Agreement (Willis Lease Finance Corp), Credit Agreement (Willis Lease Finance Corp)

Reaffirmation of Security Interest. The Borrower hereby reaffirms as of the date hereof each and every security interest and Lien lien granted in favor of the Security Agent and the Banks Lenders under the Loan Documents, and agrees and acknowledges that such security interests and Liens liens shall continue from and after the date hereof and shall remain in full force and effect from and after the date hereof, in each case after giving effect to the Credit Agreement as amended by this Amendment, and the Obligations obligations secured thereby and thereunder shall include the Borrower’s obligations under the Credit Agreement as amended by this Amendment. Each such reaffirmed security interest and Lien lien remains and shall continue to remain in full force and effect and is hereby in all respects ratified and confirmed.

Appears in 2 contracts

Samples: Warehouse Revolving Credit Facility Agreement (Marlin Business Services Corp), Warehouse Revolving Credit Facility Agreement (Marlin Business Services Corp)

Reaffirmation of Security Interest. The Borrower hereby reaffirms as of the date hereof each and every security interest and Lien lien granted in favor of the Security Agent and the Banks Lenders under the Loan Documents, and agrees and acknowledges that such security interests and Liens liens shall continue from and after the date hereof and shall remain in full force and effect from and after the date hereof, in each case after giving effect to the Credit Agreement as amended by this Amendment, and the Obligations obligations secured thereby and thereunder shall include the Borrower’s 's obligations under the Credit Agreement as amended by this Amendment. Each such reaffirmed security interest and Lien lien remains and shall continue to remain in full force and effect and is hereby in all respects ratified and confirmed.

Appears in 2 contracts

Samples: Agreement (Marlin Business Services Inc), Credit Facility Agreement (Marlin Business Services Corp)

Reaffirmation of Security Interest. The Borrower Each of the Borrowers hereby reaffirms as of the date hereof each and every security interest and Lien lien granted in favor of the Security Administrative Agent and the Banks Lenders under the Loan Documents, Documents and agrees and acknowledges that such security interests and Liens liens shall continue from and after the date hereof and shall remain in full force and effect from and after the date hereof, in each case after giving effect to the Credit Agreement as amended by this AmendmentAmendment and Waiver, and the Obligations obligations secured thereby and thereunder shall include the Borrower’s Borrowers' obligations under the Credit Agreement as amended by this AmendmentAmendment and Waiver. Each such reaffirmed security interest and Lien lien remains and shall continue to remain in full force and effect and is hereby in all respects ratified and confirmed.

Appears in 1 contract

Samples: And Waiver (Tokheim Corp)

Reaffirmation of Security Interest. The Borrower Each of the Borrowers hereby reaffirms as of the date hereof each and every security interest and Lien lien granted in favor of the Security Agent and the Banks under the Loan Documents, and agrees and acknowledges that such security interests and Liens liens shall continue from and after the date hereof and shall remain in full force and effect from and after the date hereof, in each case after giving effect to the Credit Agreement as amended by this AmendmentAgreement, and the Obligations obligations secured thereby and thereunder shall include the Borrower’s Borrowers' obligations under the Credit Agreement as amended by this AmendmentAgreement. Each such reaffirmed security interest and Lien lien remains and shall continue to remain in full force and effect and is hereby in all respects ratified and confirmedconfirmed and all references in the Security Documents to the Credit Agreement shall refer to the Credit Agreement as amended or modified by this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Cronos Group)

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Reaffirmation of Security Interest. The Borrower hereby reaffirms as of the date hereof each and every security interest and Lien granted in favor of the Security Agent and the Banks under the Loan Documents, and agrees and acknowledges that such security interests and Liens shall continue from and after the date hereof and shall remain in full force and effect from and after the date hereof, in each case after giving effect to the Credit Agreement as amended by this AmendmentAmendment and Waiver, and the Obligations obligations secured thereby and thereunder shall include the Borrower’s 's obligations under the Credit Agreement as amended by this AmendmentAmendment and Waiver. Each such reaffirmed security interest and Lien remains and shall continue to remain in full force and effect and is hereby in all respects ratified and confirmed.

Appears in 1 contract

Samples: Credit Agreement and Waiver (Willis Lease Finance Corp)

Reaffirmation of Security Interest. The Borrower (i) Each of the Borrowers hereby reaffirms as of the date hereof each and every security interest and Lien lien granted in favor of the Security Administrative Agent and the Banks Lenders under the Loan Documents, Documents and agrees and acknowledges that such security interests and Liens liens shall continue from and after the date hereof and shall remain in full force and effect from and after the date hereof, in each case after giving effect to the Credit Agreement as amended by this AmendmentWaiver and Consent, and the Obligations obligations secured thereby and thereunder shall include the Borrower’s Borrowers' obligations under the Credit Agreement as amended by this AmendmentWaiver and Consent. Each such reaffirmed security interest and Lien lien remains and shall continue to remain in full force and effect and is hereby in all respects ratified and confirmed.

Appears in 1 contract

Samples: Waiver and Consent (Tokheim Corp)

Reaffirmation of Security Interest. The Borrower Each of the Borrowers hereby reaffirms as of the date hereof each and every security interest and Lien lien granted in favor of the Security Administrative Agent and the Banks Lenders under the Loan Documents, Documents and agrees and acknowledges that such security interests and Liens liens shall continue from and after the date hereof and shall remain in full force and effect from and after the date hereof, in each case after giving effect to the Credit Agreement as amended by this Amendment, Waiver and Consent, and the Obligations obligations secured thereby and thereunder shall include the Borrower’s Borrowers' obligations under the Credit Agreement as amended by this Amendment, Waiver and Consent. Each such reaffirmed security interest and Lien lien remains and shall continue to remain in full force and effect and is hereby in all respects ratified and confirmed.

Appears in 1 contract

Samples: Tokheim Corp

Reaffirmation of Security Interest. The Borrower hereby reaffirms as of the date hereof each and every security interest and Lien granted in favor of the Security Agent and the Banks under the Loan Documents, and agrees and acknowledges that such security interests and Liens shall continue from and after the date hereof and shall remain in full force and effect from and after the date hereof, in each case after giving effect to the Credit Agreement as amended by this Amendment, and the Obligations obligations secured thereby and thereunder shall include the Borrower’s obligations under the Credit Agreement as amended by this Amendment. Each such reaffirmed security interest and Lien remains and shall continue to remain in full force and effect and is hereby in all respects ratified and confirmed.

Appears in 1 contract

Samples: Credit Agreement (Willis Lease Finance Corp)

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