Common use of Appointment for Perfection Clause in Contracts

Appointment for Perfection. Each Applicable Lender hereby appoints each other Applicable Lender as its agent for the purpose of perfecting Liens, for the benefit of the Agent, the Applicable Lenders and the other applicable Secured Parties, in assets which, in accordance with Article 9 of the UCC, the PPSA, or any other applicable law can be perfected only by possession. Should any Lender obtain possession of any such Collateral, such Lender shall notify the Agent thereof, and, promptly upon the Agent’s request therefor shall deliver such Collateral to the Agent or otherwise deal with such Collateral in accordance with the Agent’s instructions.

Appointment for Perfection. Each Applicable Lender hereby appoints each other Applicable Lender as its agent for the purpose of perfecting Liens, for the benefit of the Agent, the Applicable Lenders Collateral Agent and the other applicable Secured PartiesLenders, in assets which, in accordance with Article 9 of the UCC, the PPSA, UCC or any other applicable law can be perfected only by possession. Should any Lender (other than the Collateral Agent) obtain possession of any such Collateral, such Lender shall notify the Collateral Agent thereof, and, promptly upon the Collateral Agent’s 's request therefor shall deliver such Collateral to the Collateral Agent or otherwise deal with such Collateral in accordance with the Collateral Agent’s 's instructions.

Appointment for Perfection. Each Applicable Lender hereby appoints the Collateral Agent and each other Applicable Lender as its agent for the purpose of perfecting Liens, Liens (in each case for the benefit of the Agent, the Applicable Lenders and the other applicable Secured Parties, ) in assets which, in accordance with Article 9 of the UCC, the PPSA, UCC or any other applicable law can be perfected only by possession. Should any Lender (other than the Collateral Agent) obtain possession of any such Collateral, such Lender shall notify the Administrative Agent thereof, and, promptly upon the request of the Administrative Agent’s request therefor , shall deliver such Collateral to the Collateral Agent or otherwise deal with such Collateral in accordance with the instructions of the Collateral Agent’s instructions.

Appointment for Perfection. Each Applicable Lender hereby appoints each other Applicable Lender as its agent for the purpose of perfecting Liens, for the benefit of the Agent, the Applicable Lenders Co-Collateral Agent and the other applicable Secured PartiesLenders, in assets which, in accordance with Article 9 of the UCC, UCC or with the PPSA, PPSA or any other applicable law Applicable Law can be perfected only by possession. Should any Lender or the Co-Collateral Agent obtain possession of any such Collateral, such Lender or the Co-Collateral Agent shall notify the Agent thereof, and, promptly upon the Agent’s request therefor shall deliver such Collateral to the Agent or otherwise deal with such Collateral in accordance with the Agent’s instructions.

Appointment for Perfection. Each Applicable Lender hereby appoints each other Applicable Lender as its agent for the purpose of perfecting Liens, for the benefit of the Agent, the Applicable Lenders Co-Collateral Agents and the other applicable Secured PartiesLenders, in assets which, in accordance with Article 9 of the UCC, the PPSA, UCC or any other applicable law can be perfected only by possession. Should any Lender or Co-Collateral Agent (other than the Agent) obtain possession of any such Collateral, such Lender or Co-Collateral Agent shall notify the Agent thereof, and, promptly upon the Agent’s request therefor shall deliver such Collateral to the Agent or otherwise deal with such Collateral in accordance with the Agent’s instructions.

Appointment for Perfection. Each Applicable Lender hereby appoints each other Applicable Lender as its agent for the purpose of perfecting Liens, for the benefit of the Agent, the Applicable Lenders Co-Collateral Agent and the other applicable Secured PartiesLenders, in assets which, in accordance with Article 9 of the UCC, the PPSA, UCC or any other applicable law can be perfected only by possession. Should any Lender or the Co-Collateral Agent obtain possession of any such Collateral, such Lender or the Co-Collateral Agent shall notify the Agent thereof, and, promptly upon the Agent’s request therefor shall deliver such Collateral to the Agent or otherwise deal with such Collateral in accordance with the Agent’s instructions.

Appointment for Perfection. Each Applicable Lender hereby appoints each other Applicable Lender as its agent for the purpose of perfecting Liens, for the benefit of the Agent, the Applicable Lenders Collateral Agent and the other applicable Secured Parties, in assets which, in accordance with Article 9 of the UCC, the PPSA, UCC or any other applicable law can be perfected only by possession. Should any Lender (other than the Collateral Agent) obtain possession of any such Collateral, such Lender shall notify the Collateral Agent thereof, and, promptly upon the Collateral Agent’s request therefor shall deliver such Collateral to the Collateral Agent or otherwise deal with such Collateral in accordance with the Collateral Agent’s instructions.

Appointment for Perfection. Each Applicable Lender hereby appoints each other Applicable Lender as its agent for the purpose of perfecting Liens, Liens (in each case for the benefit of the AgentAgents, the Applicable Lenders and the other applicable Secured Parties, Issuing Banks) in assets which, in accordance with Article 9 of the UCC, the PPSA, UCC or any other applicable law (including the PPSA) can be perfected only by possession. Should any Lender (other than either Collateral Agent) obtain possession of any such Collateral, such Lender shall notify the Administrative Agent thereof, and, promptly upon the request of the Administrative Agent’s request therefor , shall deliver such Collateral to the applicable Collateral Agent or otherwise deal with such Collateral in accordance with the instructions of the applicable Collateral Agent’s instructions.