Common use of Security confirmation Clause in Contracts

Security confirmation. (a) The German Borrower hereby confirms that, deviating from Section 418 of the German Civil Code (Burgerliches Gesetzbuch), the Security Documents entered into by the German Borrower also shall secure the obligations of Kronos Norge AS, Kronos Denmark ApS and any of the other Obligors under the Amended Facility Agreement. (b) The Belgian Borrower hereby confirms that the Security Documents entered into by them also shall secure the obligations of Kronos Norge AS, Kronos Denmark ApS and any of the Obligors under the Amended Facility Agreement. (c) Kronos Denmark ApS hereby confirms that the Security Documents entered into by it also shall secure its obligations and the obligations of Kronos Norge AS and any of the Obligors under the Amended Facility Agreement