Common use of Confirmation of Security Clause in Contracts

Confirmation of Security. The Pledge Agreement shall remain in full force and effect and is hereby ratified and affirmed in all material respects. The Borrower hereby acknowledges and agrees that the "Obligations" secured by and entitled to the benefits of the Pledge Agreement include, without limitation, the Revolving Note.

Appears in 3 contracts

Samples: Loan Agreement (Aspect Medical Systems Inc), Loan Agreement (Aspect Medical Systems Inc), Loan Agreement (Aspect Medical Systems Inc)

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Confirmation of Security. The Pledge Agreement Agreement, as amended on the date hereof, shall remain in full force and effect and is hereby ratified and affirmed in all material respects. The Borrower hereby acknowledges and agrees that the "β€œObligations" ” secured by by, and entitled to to, the benefits of the Pledge Agreement include, without limitation, the Loan Agreement, the Revolving NoteNote and the LC Exposure Amount.

Appears in 1 contract

Samples: Loan Agreement (Aspect Medical Systems Inc)

Confirmation of Security. The Pledge Agreement (as defined in the Loan Agreement, as amended hereby) shall remain in full force and effect and is hereby ratified and affirmed in all material respects. The Borrower hereby acknowledges and agrees that the "Obligations" secured by by, and entitled to to, the benefits of the Pledge Agreement include, without limitation, the Revolving Note.

Appears in 1 contract

Samples: Loan Agreement (Aspect Medical Systems Inc)

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Confirmation of Security. The Pledge Agreement shall remain in full force and effect and is hereby ratified and affirmed in all material respects. The Borrower hereby acknowledges and agrees that the "Obligations" secured by by, and entitled to to, the benefits of the Pledge Agreement include, without limitation, the Revolving Note.

Appears in 1 contract

Samples: Loan Agreement (Aspect Medical Systems Inc)

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