Continuing Security Interests. This Security Agreement amends and restates the Existing Security Agreement. Except as specifically modified hereby, nothing contained in this Security Agreement shall be construed to release, cancel, terminate or otherwise affect adversely all or any part of the security interest in the Collateral granted under the Existing Security Agreement, which security interest has been continued and confirmed by the Grantor hereunder.
Appears in 1 contract
Sources: Borrower Pledge and Security Agreement (Ironton Iron Inc)
Continuing Security Interests. This Security Agreement amends and restates the Existing Security Agreement. Except as specifically modified hereby, nothing contained in this Security Agreement shall be construed to release, cancel, terminate or otherwise affect adversely all or any part of the security interest in the Collateral granted under the Existing Security Agreement, which security interest has been continued and confirmed by the Grantor Grantors hereunder.
Appears in 1 contract
Sources: Subsidiary Pledge and Security Agreement (Ironton Iron Inc)