Common use of 13Further Assurances Clause in Contracts

13Further Assurances. At any time or from time to time upon the request of Collateral Agent or Requisite Purchasers, each Note Party will, at its expense, promptly execute, acknowledge and deliver such further documents and do such other acts and things as Collateral Agent may reasonably request in order to effect fully the purposes of the Note Documents or to perfect, achieve better perfection of, or renew the rights of Collateral Agent for the benefit of Secured Parties with respect to the Collateral (or with respect to any additions thereto or replacements or proceeds thereof or with respect to any other property or assets hereafter acquired by Holdings, Company or any Subsidiary that may be deemed to be part of the Collateral). In furtherance and not in limitation of the foregoing, each Note Party shall take such actions as Requisite Purchasers or Collateral Agent may reasonably request from time to time to ensure that the Obligations are guaranteed by the Guarantors and are secured by a First Priority Lien on substantially all of the assets of each Note Party that would constitute Collateral, and all of the outstanding Capital Stock of Company and each of its Subsidiaries (subject to limitations contained in the Note Documents with respect to Subsidiaries that are not Domestic Subsidiaries). Notwithstanding anything to the contrary contained herein, (A) in no event shall Mortgages be required to be delivered in respect of any leasehold interest held by Holdings, Company or any of its Subsidiaries in any Real Estate Asset and (B) in no event shall ​ ​ actions (including any filings or registrations) outside of the United States or security or pledge agreements governed by any foreign law be required.

Appears in 1 contract

Samples: Note Purchase Agreement (Capstone Green Energy Holdings, Inc.)

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13Further Assurances. At any time or from time to time upon the request of Collateral Agent or Requisite Purchasers, each Note Party will, at its expense, promptly execute, acknowledge and deliver such further documents and do such other acts and things as Collateral Agent may reasonably request in order to effect fully the purposes of the Note Documents or to perfect, achieve better perfection of, or renew the rights of Collateral Agent for the benefit of Secured Parties with respect to the Collateral (or with respect to any additions thereto or replacements or proceeds thereof or with respect to any other property or assets hereafter acquired by Holdings, Company or any Subsidiary that may be deemed to be part of the Collateral). In furtherance and not in limitation of the foregoing, each Note Party shall take such actions as Requisite Purchasers or Collateral Agent may reasonably request from time to time to ensure that the Obligations are guaranteed by the Guarantors and are secured by a First Priority Lien on substantially all of the assets of each Note Party Company that would constitute Collateral, and its Subsidiaries and all of the outstanding Capital Stock of Company and each of its Subsidiaries (subject to limitations contained in the Note Documents with respect to Subsidiaries ForeignSubsidiaries that are not Domestic Subsidiaries). Notwithstanding anything to the contrary contained herein, (A) in no event shall Mortgages be required to be delivered in respect of any leasehold interest held by Holdings, Company CopmanyCompany or any of its Subsidiaries in any Real Estate Asset and (B) in no event shall ​ ​ actions (including any filings or registrations) outside of the United States or security or pledge agreements governed by any foreign law be required.

Appears in 1 contract

Samples: Note Purchase Agreement (Capstone Green Energy Corp)

13Further Assurances. At any time or from time to time upon the request of Collateral Agent or Requisite Purchasers, each Note Party will, at its expense, promptly execute, acknowledge and deliver such further documents and do such other acts and things as Collateral Agent may reasonably request in order to effect fully the purposes of the Note Documents or to perfect, achieve better perfection of, or renew the rights of Collateral Agent for the benefit of Secured Parties with respect to the Collateral (or with respect to any additions thereto or replacements or proceeds thereof or with respect to any other property or assets hereafter acquired by Holdings, Company or any Subsidiary that may be deemed to be part of the Collateral). In furtherance and not in limitation of the foregoing, each Note Party shall take such actions as Requisite Purchasers or Collateral Agent may reasonably request from time to time to ensure that the Obligations are guaranteed by the Guarantors and are secured by a First Priority Lien on substantially all of the assets of each Note Party Company that would constitute Collateral, and its Subsidiaries and all of the outstanding Capital Stock of Company and each of its Subsidiaries (subject to limitations contained in the Note Documents with respect to Subsidiaries that are not Domestic Subsidiaries​ CONTAINED IN THE NOTE DOCUMENTS WITH RESPECT TO FOREIGN SUBSIDIARIES). Notwithstanding anything to the contrary contained herein, (A) in no event shall Mortgages be required to be delivered in respect of any leasehold interest held by Holdings, Company Copmany or any of its Subsidiaries in any Real Estate Asset and (B) in no event shall ​ ​ actions (including any filings or registrations) outside of the United States or security or pledge agreements governed by any foreign law be required.

Appears in 1 contract

Samples: Note Purchase Agreement (CAPSTONE TURBINE Corp)

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13Further Assurances. At any time or from time to time upon the request of Collateral Agent or Requisite PurchasersPurchaser, each DIP Note Party will, at its expense, promptly execute, acknowledge and deliver such further documents and do such other acts and things as Collateral Agent may reasonably request in order to effect fully the purposes of the DIP Note Documents or to perfect, achieve better perfection of, or renew the rights of Collateral Agent for the benefit of Secured Parties with respect to the Collateral (or with respect to any additions thereto or ​ ​ replacements or proceeds thereof or with respect to any other property or assets hereafter acquired by Holdings, Company or any Subsidiary that may be deemed to be part of the Collateral). In furtherance and not in limitation of the foregoing, each DIP Note Party shall take such actions as Requisite Purchasers Purchaser or Collateral Agent may reasonably request from time to time to ensure that the Obligations are guaranteed by the Guarantors and are secured by a First Priority Lien described in, and with the priority provided in, Section 2.24, on substantially all of the assets of each Note Party Company that would constitute Collateral, and its Subsidiaries and all of the outstanding Capital Stock of Company and each of its Subsidiaries (subject to limitations contained in the DIP Note Documents with respect to Subsidiaries that are not Domestic Subsidiaries). Notwithstanding anything to the contrary contained herein, (A) in no event shall Mortgages be required to be delivered in respect of any leasehold interest held by Holdings, Company or any of its Subsidiaries in any Real Estate Asset and (B) in no event shall ​ ​ actions (including any filings or registrations) outside of the United States or security or pledge agreements governed by any foreign law be required.

Appears in 1 contract

Samples: Possession Note Purchase Agreement (Capstone Green Energy Corp)

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