Common use of Collateral Documents Clause in Contracts

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on the Collateral purported to be covered thereby; or.

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section Sections 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Permitted Liens permitted by Section 7.01that are senior in priority under applicable Law) on the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 4.01, 6.12 or 6.12 6.20 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01Permitted Liens) on the Collateral purported to be covered thereby; or.

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section Sections 4.01 or 6.12 6.11 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.017.01 and other than as a result of the acts or omissions of the Administrative Agent with respect to perfection requirements) on a material portion of the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01Permitted Liens) on the Collateral purported to be covered thereby; or.

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Article 4 or Section 4.01 or 6.12 6.11 shall for any reason (other than pursuant to the terms thereofhereof) cease to create a valid and perfected first priority Lien (subject as to priority to Permitted Liens permitted by Section 7.01(other than with respect to Equity Interests pledged under any Pledge Agreement)) on the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section Sections 4.01 or 6.12 6.08 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.017.03) on the Collateral purported to be covered thereby, to the extent such Lien is required to be perfected pursuant to the Loan Documents; or any Loan Party shall, directly or indirectly, contest in any manner such effectiveness, validity, binding nature or enforceability; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereofhereof or thereof and except to the extent that non-perfection or loss of perfection occurs due to a failure to continue an existing filing under the UCC) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on the Collateral purported to be covered thereby; or.

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on the Collateral purported to be covered thereby except to the extent any such perfection or priority is not required thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 4.1 or 6.12 shall for any reason (other than pursuant to the terms thereofof the Loan Documents and other than as a result of any action or omission of any Secured Party) cease to create a valid and perfected first priority Lien (subject only to Liens permitted by Section 7.01Permitted Liens) on a material portion of the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01Permitted Liens) on a material portion of the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereofthereof or as a result of any action or inaction within the control of the Administrative Agent) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on the Collateral purported to be covered thereby; or;

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on a material portion of the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.017.01(a)) on the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or Sections 6.12 and 6.18 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on and security interest in the Collateral purported to be covered thereby, subject only to nonconsensual Permitted Prior Liens, or any Loan Party shall assert in writing such invalidity or lack of perfection or priority; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on the Collateral purported to be covered thereby; or.

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Article IV or Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority First Priority Lien (subject to Liens permitted by Section 7.01) ), on the Collateral purported to be covered thereby, with an aggregate fair market value for such Collateral of $5,000,000, for any reason other than the failure of Administrative Agent to maintain control over any Collateral in its possession; or

Collateral Documents. Any any Collateral Document after delivery thereof pursuant to Section 4.01 3.01 or 6.12 5.01(k) hereof shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) lien on and security interest in the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Article 4 or Section 4.01 or 6.12 6.11 shall for any reason (other than pursuant to the terms thereofhereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01Permitted Prior Liens) on the Collateral purported to be covered thereby; or.

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01Permitted Liens) on the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms hereof or thereof) cease to create a valid and perfected (subject to Section 4.7(b) of the Security Agreement in the case of IP Rights) first priority Lien (subject to Liens permitted by Section 7.01Permitted Prior Liens) on the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 4.01, or 6.12 shall for any reason (other than pursuant to the terms thereofof the Loan Documents) cease to create a valid and perfected first priority Lien (subject only to Liens permitted by Section 7.01the Permitted Encumbrances) on the Collateral with a fair market value equal to or greater than $3,000,000 purported to be covered thereby; or;

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 6.14 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.017.01 and Disposition permitted by Section 4.10 of the Indenture) on the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by under Section 7.01) on the Collateral purported to be covered thereby; or.

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 or the terms of the Loan Documents shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.017.01 and the Intercreditor Agreement) on the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 4.01, 6.12 or 6.12 6.14 shall for any reason (other than pursuant to the terms thereofthereof or as permitted hereunder) cease to create a valid and perfected first priority Lien (subject to Liens permitted under Section 7.01 that are mandatorily preferred by Section 7.01Law or as permitted hereunder) on any portion of the Collateral purported to be covered therebyencumbered pursuant to the Collateral Documents; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on the Collateral purported to be covered thereby; or.

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section Sections 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on a material portion of the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to the Security Agreement or Section 4.01 4.01, Section 6.12 or 6.12 Section 6.14 hereof shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first first-priority Lien (subject to Liens permitted by Section 7.01) on any material portion of the Collateral purported to be covered thereby; orby the Collateral Documents;

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 6.13 or 6.12 6.14 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01Permitted Liens) on in any material portion of the Collateral purported to be covered thereby; or.

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 of the Original Credit Agreement or Section 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on a material portion of the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 4.02 or 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority First Priority Lien (subject to Liens permitted by Section 7.01) on the Collateral purported to be covered thereby; or.

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on any material portion of the Collateral purported to be covered thereby; orby the Collateral Documents;

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject only to Liens permitted by Section 7.01Permitted Liens) on the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on the Collateral purported to be covered thereby; or.

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 6.13 shall for any reason (other than pursuant to the terms hereof or thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01Permitted Liens) on any portion of the Collateral purported to be covered thereby; orhereby or thereby that the Administrative Agent deems material.

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or Section 6.12 shall for any reason (other than pursuant to the terms hereof or thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on any material portion of the Collateral purported to be covered thereby; or;

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on a material portion of the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01Permitted Liens) on any material portion of the Collateral purported to be covered thereby; or.

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms hereof of thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on the Collateral purported to be covered thereby, other than if such failure of perfection is due to the Administrative Agent’s failure to file properly or properly file any applicable continuations; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 4.01, 6.10 or 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereofthereof including as a result of a transaction permitted under Section 7.04 or 7.05) cease to create a valid and perfected first priority Lien (lien on and security interest in the Collateral covered thereby, subject to Liens permitted by under Section 7.01) on the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 4.02 or 6.12 6.13 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 Section 6.13 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Article 4 or Section 4.01 or 6.12 6.11 shall for any reason (other than pursuant to the terms thereofhereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01Permitted Liens) on the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01Permitted Liens) on the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms hereof of thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.017.01 and the Term Intercreditor Agreement) on the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 4.02 or 6.12 6.13 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on the Collateral purported to be covered thereby; or.

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first Lien with the priority Lien (subject to Liens permitted required by Section 7.01) the applicable Collateral Document and the Intercreditor Agreement on any material portion of the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereofof the Loan Documents) cease to create a valid and perfected first priority Lien (subject only to Liens permitted by Section 7.01Permitted Encumbrances) on the Collateral purported to be covered thereby; or;

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01Permitted Liens) on the Collateral purported to be covered therebythereby (with respect to IP Rights, in the United States, and except to the extent such failure is the result of any action or inaction by the Administrative Agent); or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 Section 6.13(b) shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on the Collateral purported to be covered thereby; or.

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (and subject to rights of other secured parties under the Intercreditor Agreement and subject to Liens permitted by Section 7.01) on the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01Permitted Liens) on the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 6.13 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereofthereof or as expressly permitted hereunder) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on the Collateral purported to be covered thereby; or.

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01Permitted Liens) on the Collateral purported to be covered thereby; orthereby (except to the extent such failure is the result of any action or inaction by the Administrative Agent).

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 4.02 or 6.12 shall for any reason (other than pursuant to or as provided in the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on the Collateral purported to be covered thereby; or.

Collateral Documents. Any Collateral Document Document, whether (i) existing on the Closing Date, (ii) after delivery thereof pursuant to Section 4.01 4.01, Section 6.12, Section 6.13, or 6.12 (iii) otherwise, shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on the Collateral purported to be covered thereby; or.

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 the terms of this Agreement shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 Section 6.13 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on the Collateral purported to be covered thereby; or.

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 the Effectiveness Agreement, 6.12 or 6.12 6.20 shall for any reason (other than pursuant to the terms thereofhereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01Permitted Liens) on the Collateral purported to be covered thereby; or.

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 4.01, 4.02 or 6.12 shall for any reason (other than pursuant to the terms thereof) thereof cease to create a valid and perfected (to the extent perfection is required pursuant to the relevant Collateral Document) first priority Lien (subject to Liens permitted by Section 7.01) on any material portion of the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on Collateral consisting of Accounts of the type included in the Borrowing Base unless such occurrence results solely from action of the Administrative Agent or any Lender and involves no Default by the Borrower or any Guarantor hereunder or under any Collateral purported to be covered thereby; orDocument.

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 6.13 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on any material portion of the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 5.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.016.01) on the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01Permitted Equity Encumbrances) on the Collateral purported to be covered thereby; or.

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01Permitted Liens) on all of the Collateral purported to be covered therebythereby or on any portion of the Collateral purported to be covered thereby with a value (as reasonably determined by the Administrative Agent) in excess of $5,000,000 individually or in the aggregate; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on the Collateral having a fair market value in excess of $5,000,000 that is purported to be covered thereby; orthereby unless such occurrence results solely from action of the Administrative Agent or any Lender and involves no Default by the Borrower or any Guarantor hereunder or under any Collateral Document.

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 4.01, Section 4.02 or Section 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien or second priority Lien, as the case may be (subject to Liens permitted by Section 7.01) on the Collateral that is not immaterial purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 6.11 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01Permitted Liens) on the Collateral purported to be covered therebythereby and with respect to which the applicable Collateral Agent has taken the necessary action to perfect such Lien; or any Loan Party or any other Person contests in any manner the validity, enforceability, perfection or priority of any such Lien on the Collateral; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or Section 6.12 shall for any reason (other than pursuant to the terms thereof) thereof cease to create a valid and perfected first priority Lien (on the Collateral, subject to Liens permitted by Section 7.01) on the Collateral Permitted Liens, purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 Article IV or 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Permitted Liens permitted by Section 7.01and subject to the express exceptions contained in the Collateral Documents) on any portion of the Collateral purported to be covered thereby; orthereby with a fair market value in excess of $100,000 individually or in the aggregate.

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 (subject to the Financing Orders) shall for any reason (other than pursuant to the terms hereof of thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01, the DIP Term Intercreditor Agreement and the First Lien Intercreditor Agreement) on the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on any material portion of the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 5.01 or 6.12 5.02 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.018.01) on the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or Section 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on the any real property Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 4.02 or 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereofhereof or thereof including as a result of a transaction permitted under Section 7.04 or 7.05) cease to create a valid and perfected first priority Lien (subject to Liens permitted lien on and security interest in a material portion of Collateral covered by Section 7.01) on the Collateral purported to be covered thereby; orDocuments as a whole, subject to

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Article 4 or Section 4.01 or 6.12 5.11 shall for any reason (other than pursuant to the terms thereofhereof) cease to create a valid and perfected first priority Lien (subject to Permitted Prior Liens permitted by Section 7.01and any exceptions on the Mortgage Policies issued in connection with the Mortgaged Properties reasonably acceptable to the Administrative Agent) on the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to the Second Amendment, Section 4.01 4.01, Section 6.12 or 6.12 Section 6.13, or otherwise, shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on the Collateral purported to be covered thereby; or.

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 Sections 3.1, 6.12 or 6.12 6.17 shall for any reason (other than pursuant to the terms hereof or thereof) cease to create a valid and perfected first priority Lien (in the case of ABL Priority Collateral) or second priority Lien (in the case of the CS Term Loan Priority Collateral), in each case subject to Liens permitted by Section 7.01) Permitted Liens, on any material portion of the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on any portion of the Collateral purported to be covered thereby; orthereby with a value in excess of $15,000,000, except (i) as a result of the sale or other disposition of the applicable Collateral in a transaction permitted by the Loan Documents, or (ii) to the extent any Collateral Document provides that such Lien is not required to be a perfected Lien.

Collateral Documents. Any any Collateral Document after delivery thereof pursuant to Section 4.01 Sections 3.01 or 6.12 5.11 hereof shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) lien on and security interest in the Collateral purported to be covered thereby, superior to and prior to the rights of all third Persons (except as provided for pursuant to the Intercreditor Agreement and the Senior Secured Notes Documents and except as otherwise permitted by Section 6.01), and subject to no other Liens (except as permitted by Section 6.01); or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.017.01 (other than Liens securing Indebtedness permitted under Section 7.02(j)) on the Collateral purported to be covered thereby; or.

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on any material portion of the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 4.02 or 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on the Collateral purported to be covered thereby; or.

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01Permitted Liens) on the Collateral purported to be covered thereby; or, except to the extent that any such loss of perfection or priority results from the failure of the Administrative Agent to maintain possession of certificates actually delivered to it representing securities pledged under the Guarantee and Security Agreement.

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 4.1, 6.12 or 6.12 6.13 shall for any reason (other than pursuant to to, or as permitted by, the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01Permitted Liens) on the Collateral purported to be covered thereby, which Collateral has a Fair Market Value in excess of the Threshold Amount; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 Section 5.13(b) shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.016.01) on in all or a material portion of the Collateral purported to be covered thereby; or.

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereofthereof or in connection with the Collateral Release) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.017.01 (other than Liens securing Indebtedness permitted under Section 7.02(j)) on the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Article 4, Section 4.01 9.12 or 6.12 Section 9.14 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by under Section 7.0110.1) on any portion of the Collateral purported to be covered therebyencumbered pursuant to the Collateral Documents; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 6.13 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on the Collateral purported to be covered thereby; or.

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section Sections 4.01 or 6.12 6.13 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Permitted Liens permitted by of the type described in Section 7.017.01(c), (d), (f), (g), (i) and (j)) on the Collateral purported to be covered thereby; or