Common use of After-Acquired Collateral Clause in Contracts

After-Acquired Collateral. From and after the Issue Date, and subject to the applicable limitations and exceptions set forth in the Security Documents and this Indenture (including with respect to Excluded Assets), if the Company or any Guarantor creates any additional security interest upon any property or asset that would constitute Collateral to secure any First Lien Obligations, the Company and each of the Guarantors shall concurrently grant a first-priority perfected security interest (subject to Permitted Liens) upon any such Collateral, as security for the Secured Notes Obligations.

After-Acquired Collateral. From and after the Issue Date, and subject to the applicable limitations and exceptions set forth in the Security Documents and this Indenture (including with respect to Excluded Assets), if the Company Issuer or any Guarantor creates any additional security interest upon any property or asset Property that would constitute Collateral to secure any First Lien Obligations, the Company Issuer and each of the Guarantors shall concurrently grant a first-priority perfected security interest (subject to Permitted Liens) upon any such Collateral, as security for the Secured Notes Obligations, subject to the limitations and exceptions set forth in the Collateral Documents.

After-Acquired Collateral. From and after the Issue Date, and subject to the applicable limitations and exceptions set forth in the Security Documents and this Indenture (including with respect to Excluded Assets), if the Company or any Guarantor creates any additional security interest upon any property or asset that would constitute Collateral to secure any First Lien ObligationsObligations upon any property, the Company and each of the Guarantors shall concurrently grant a first-priority perfected security interest (subject to Permitted Liens) upon any such Collateralproperty, as security for the Secured Notes Obligations, subject to the terms, limitations and exceptions set forth in the Security Documents.

After-Acquired Collateral. From and after the Issue Date, and subject to the applicable limitations and exceptions set forth in the Security Documents and this Indenture (including with respect to Excluded Assets), if the Company or any Guarantor creates any additional security interest upon any property or asset that would constitute Collateral to secure any First Second Lien Obligations, the Company and each of the Guarantors shall concurrently grant a firstsecond-priority perfected security interest (subject to Permitted Liens) upon any such Collateral, as security for the Secured Notes Obligations.

After-Acquired Collateral. From and after the Issue Closing Date, and subject to the applicable limitations and exceptions set forth in the Security Documents and this Indenture (including with respect to Excluded Assets), if the Company or any Subsidiary Guarantor creates any additional security interest upon any property or asset that would constitute Collateral to secure any First Lien ObligationsObligations and that is not already subject to a Lien under the Collateral Agreements, the Company and each of the Guarantors it shall concurrently grant a first-priority perfected security interest (subject to Permitted LiensLiens and Section 3.1 of the Pledge Agreement) upon any such Collateral, property as security for the Secured Notes Obligationsand the other Obligations under this Indenture.

After-Acquired Collateral. (a) From and after the Issue Date, and subject to the applicable certain limitations and exceptions set forth contained in the Security Documents and this Indenture (including with respect to Excluded Assets)Documents, if the Company Issuer or any Guarantor creates any additional security interest upon any property or asset that would constitute Collateral to secure any First Priority Lien Obligations, the Company and each of the Guarantors shall it must concurrently grant a first-first priority perfected security interest (subject to Permitted Liens) upon any such Collateral, as security for the Secured Notes Obligations.