Common use of Acknowledgement by Borrower Clause in Contracts

Acknowledgement by Borrower. 5.1 The Borrower acknowledges, agrees and confirms that each and all of their obligations and liabilities expressed to be assumed and undertaken by them, and the security interests intended to be conferred upon the Bank, under each of the Security Documents are in full force and effect and will (without limitation) secure all amounts outstanding under the Third Amended and Restated Loan Agreement notwithstanding any of the provisions of and the amendment, variation and restatement of the Original Loan Agreement contained in this Amendment Agreement. 5.2 The US Borrower and the Bank hereby acknowledge and agree that all references in the US Security Agreement to “Loan Agreement” shall mean and include the Original Loan Agreement, this Amendment Agreement and the Third Amended and Restated Loan Agreement, as each may be amended, modified, supplemented and/or restated from time to time.