Common use of Reaffirmation of Security Interest Clause in Contracts

Reaffirmation of Security Interest. By acknowledging and agreeing to this Collateral Trust Joinder, each of the Trustors hereby (a) confirms and reaffirms the security interests pledged and granted pursuant to the Second Lien Collateral Documents and grants a security interest in all of its right, title and interest in the Collateral (as defined in the applicable Second Lien Collateral Documents), whether now owned or hereafter acquired to secure the Second Lien Obligations, and agrees that such pledges and grants of security interests shall continue to be in full force and effect, (b) confirms and reaffirms all of its obligations under its guarantees pursuant to the applicable Second Lien Note Documents and the New Second Lien Documents and agrees that such guarantees shall continue to be in full force and effect, and (c) authorizes the filing of any financing statements describing the Collateral (as defined in the applicable Second Lien Collateral Documents) in the same manner as described in the applicable Second Lien Collateral Documents or in any other manner as the Collateral Agent may determine is necessary, advisable or prudent to ensure the perfection of the security interests in the Collateral (as defined in the applicable Second Lien Collateral Documents) granted to the Collateral Agent hereunder or under the applicable Second Lien Collateral Documents.

Reaffirmation of Security Interest. By acknowledging and agreeing to this Collateral Trust Joinder, each of the Trustors hereby (a) confirms and reaffirms the security interests pledged and granted pursuant to the Second Lien Collateral Documents and grants a security interest in all of its right, title and interest in the Collateral (as defined in the applicable Second Lien Collateral Documents), whether now owned or hereafter acquired to secure the Second Lien Obligations, and agrees that such pledges and grants of security interests shall continue to be in full force and effect, (b) confirms and reaffirms all of its obligations under its guarantees pursuant to the applicable Second Lien Note Documents and the New Second Lien Documents and agrees that such guarantees shall continue to be in full force and effect, and (c) authorizes the filing of any financing statements describing the Collateral (as defined in the applicable Second Lien Collateral Documents) in the same manner as described in the applicable Second Lien Collateral Documents or in any other manner as the Collateral Agent may determine is necessary, advisable or prudent to ensure the perfection of the security interests in the Collateral (as defined in the applicable Second Lien Collateral Documents) granted to the Collateral Agent hereunder or under the applicable Second Lien Collateral Documents.

Reaffirmation of Security Interest. By acknowledging and agreeing to this Collateral Trust Joinder, each of the Trustors Grantors hereby (a) confirms and reaffirms the security interests pledged and granted pursuant to the Second Parity Lien Collateral Security Documents and grants a security interest in all of its right, title and interest in the Collateral (as defined in the applicable Second Parity Lien Collateral Security Documents), whether now owned or hereafter acquired to secure the Second Parity Lien Obligations, and agrees that such pledges and grants of security interests shall continue to be in full force and effect, (b) confirms and reaffirms all of its obligations under its guarantees pursuant to the applicable Second Lien Note Documents and the New Second Parity Lien Documents and agrees that such guarantees shall continue to be in full force and effect, and (c) authorizes the filing of any financing statements describing the Collateral (as defined in the applicable Second Parity Lien Collateral Security Documents) in the same manner as described in the applicable Second Parity Lien Collateral Security Documents or in any other manner as the Collateral Agent Trustee may determine is necessary, advisable or prudent to ensure the perfection of the security interests in the Collateral (as defined in the applicable Second Parity Lien Collateral Security Documents) granted to the Collateral Agent Trustee hereunder or under the applicable Second Parity Lien Collateral Security Documents.

Reaffirmation of Security Interest. By acknowledging and agreeing to this Collateral Trust Joinder, each of the Trustors Grantors hereby (a) confirms and reaffirms the security interests pledged and granted pursuant to the Second Lien Collateral Security Documents and grants a security interest in all of its right, title and interest in the Collateral (as defined in the Collateral Agreement) and other Collateral (as defined in the other applicable Second Lien Collateral Security Documents), whether now owned or hereafter acquired to secure the Second Parity Lien Obligations, and agrees that such pledges and grants of security interests shall continue to be in full force and effect, (b) confirms and reaffirms all of its obligations under its guarantees pursuant to the applicable Second Lien Note Documents and the New Second Additional Parity Lien Debt Documents and agrees that such guarantees shall continue to be in full force and effect, and (c) authorizes the filing of any financing statements describing the Collateral (as defined in the applicable Second Lien Collateral Security Documents) in the same manner as described in the applicable Second Lien Collateral Security Documents or in any other manner as the Collateral Agent may determine is necessary, advisable or prudent reasonably necessary to ensure the perfection of the security interests in the Collateral (as defined in the applicable Second Lien Collateral Security Documents) granted to the Collateral Agent Trustee hereunder or under the applicable Second Lien Collateral Security Documents, including without limitation describing or indicting the collateral in such financing statements as all assets of such Grantor, whether now owned or hereafter acquired or arising or words of similar meaning.