Security confirmation. Each of the Obligors confirms that: (a) any security interest created by it under the Convertible Notes extends to their and the Borrower’s respective obligations under the Convertible Notes as amended and supplemented by this Agreement; and (b) the security interests created under the Convertible Notes continue in full force and effect on the terms of the respective Convertible Notes.
Appears in 2 contracts
Sources: Securities Purchase Agreement (Seanergy Maritime Holdings Corp.), Omnibus Supplemental Agreement (Seanergy Maritime Holdings Corp.)