Common use of Certain Collateral and Other Matters Clause in Contracts

Certain Collateral and Other Matters. (a) The Agent is authorized on behalf of all the Lenders, without the necessity of any notice to or further consent from the Lenders, from time to time to take any action with respect to any Collateral or the Loan Documents which may be necessary to perfect and maintain perfected the security interest in and Liens upon the Collateral granted pursuant to the Loan Documents.

Appears in 3 contracts

Samples: Credit and Guaranty Agreement (Key Components Finance Corp), Credit and Guaranty Agreement (E Z Serve Corporation), Credit and Guaranty Agreement (Key Components LLC)

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Certain Collateral and Other Matters. (a) The Agent is authorized on behalf of all the Lenders, without the necessity of any notice to or further consent from the Lenders, from time to time to take any action with respect to any Collateral collateral security or the Loan Documents which may be necessary to perfect and maintain perfected the security interest in and Liens upon the Collateral collateral security granted pursuant to the Loan Documents.

Appears in 1 contract

Samples: Credit Agreement (Cencom Cable Income Partners Ii L P)

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