Acquired Real Property. In the event any Grantor hereafter acquires any interest in any real property, such Grantor shall promptly: ( a) provide the Collateral Agent with a description of the location of the applicable real property; (b) provide the Collateral Agent with a legal description of such real property sufficient to enable the Collateral Agent to record the financing statements in the appropriate real property records and the name of the record owner of the real estate if other than the Grantor and real estate descriptions; and (c) pay to the Collateral Agent the related filing fee and any recording or stamp taxes due in connection with such filings.
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Samples: Security Agreement (ReShape Lifesciences Inc.), Security Agreement (Vsee Health, Inc.), Security Agreement (Vsee Health, Inc.)
Acquired Real Property. In the event any the Grantor hereafter acquires any interest in any real propertyReal Property, such the Grantor shall promptly: (
a) provide the Collateral Agent with a description of the location of the applicable real propertyReal Property; (b) provide the Collateral Agent with a legal description of such real property Real Property sufficient to enable the Collateral Agent to record the financing statements in the appropriate real property Real Property records and the name of the record owner of the real estate if other than the Grantor and real estate descriptions; and (c) pay to the Collateral Agent the related filing fee and any recording or stamp taxes due in connection with such filings.
Appears in 2 contracts
Samples: Security Agreement (Chromocell Therapeutics Corp), Security Agreement (Chromocell Therapeutics Corp)
Acquired Real Property. In the event any Grantor hereafter acquires any interest in any real propertyReal Property, such Grantor shall promptly: (
a) provide the Collateral Agent with a description of the location of the applicable real propertyReal Property; (b) provide the Collateral Agent with a legal description of such real property Real Property sufficient to enable the Collateral Agent to record the financing statements in the appropriate real property Real Property records and the name of the record owner of the real estate if other than the Grantor and real estate descriptions; and (c) pay to the Collateral Agent the related filing fee and any recording or stamp taxes due in connection with such filings.
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