Examples of Existing Security Agreements in a sentence
The Company hereby acknowledges and agrees that (a) the security interests granted to the Purchasers pursuant to the Existing Security Agreements applies to and covers the obligations of the Company to the Purchasers evidenced by the Debentures and (b) the liens granted to the Purchasers pursuant to the Existing Mortgages applies to and covers the obligations of the Company to the Purchasers evidenced by the Debentures.
In addition, this Agreement shall not release, limit or impair in any way the priority of any security interests and liens held by Bank against any assets of Debtor arising under the Existing Security Agreements or such other loan documents.
Subject to the Existing Security Agreements, each Obligor charges with full title guarantee in favour of the Issuer by way of a first floating charge all present and future assets and undertaking of such Obligor as security for the payment and discharge of the OFCA Secured Liabilities.
Each Grantor hereby reaffirms the grant of security interests made pursuant to the Existing Security Agreements.
The balance of the provisions for vacations on September 30, 2007 was 6035, 63 LVL.