Common use of Collateral Information; Perfection of Liens Clause in Contracts

Collateral Information; Perfection of Liens. Lender shall have received complete and accurate information from the Company with respect to the name and the location of the principal place of business and chief executive office for the Company and each of its Subsidiaries; all Uniform Commercial Code and other filing and recording fees and taxes shall have been paid or duly provided for; and Lender shall have received evidence to the satisfaction of Lender that all Liens granted to Lender with respect to all Collateral are valid and effective and, upon the filing of the duly executed Uniform Commercial Code financing statements which shall have been delivered to Lender (in the case of such financing statements for Texas, and, to the extent not prohibited by any Contractual Obligation of Mobil Corporation or any of its Subsidiaries, prior to the Closing Date in time to have such statements filed with the relevant filing office at least two (2) Business Days prior to the Closing Date), will be perfected and of first priority, except as otherwise permitted under this Agreement. All certificates representing Capital Stock included in the Collateral shall have been delivered to the Revolving Credit Agent (with duly executed stock powers, as appropriate) and all instruments included in the Collateral shall have been delivered to the Revolving Credit Agent (duly endorsed to the Revolving Credit Agent), in the manner required by the Senior Revolving Credit Agreement.

Collateral Information; Perfection of Liens. Lender Agent shall have received complete and accurate information from the Company each Collateral Party with respect to the name and name, the location of the principal place of business and chief executive office office, and the jurisdiction of organization for the Company and each of its SubsidiariesCredit Party; all Uniform Commercial Code UCC, land and other filing and recording fees and taxes shall have been paid or duly provided for; Agent shall have received the results of Lien searches as it may request in each relevant jurisdiction of organization for each Credit Party and Lender each other Subsidiary of Parent and such searches shall reveal no Liens on any Credit Party’s assets except for Liens to be discharged on or prior to the Effective Date, or as otherwise permitted by Agent; and Agent shall have received evidence to the its satisfaction of Lender in its sole discretion that all Liens granted to Lender Agent with respect to all Collateral are valid and effective andvalid, upon the filing of the duly executed Uniform Commercial Code financing statements which shall have been delivered to Lender (in the case of such financing statements for Texaseffective, and, to the extent not prohibited by any Contractual Obligation of Mobil Corporation or any of its Subsidiaries, prior to the Closing Date in time to have such statements filed with the relevant filing office at least two (2) Business Days prior to the Closing Date), will be perfected and of first priority, except as otherwise permitted under this Agreement. All certificates representing Capital Stock included in the Collateral shall have been delivered to the Revolving Credit Agent (with duly executed stock powersassignment in blank, as appropriate) and all instruments included in the Collateral shall have been delivered to the Revolving Credit Agent (duly endorsed to the Revolving Credit Agent). Control Agreements with respect to all Deposit Accounts (including, without limitation, the Tax Reserve, the Insurance Reserve and the CME Reserve but excluding player-supported jackpot accounts) and Securities Accounts of Operator (if any) and Borrower shall have been executed by all parties thereto and otherwise be in the manner required by the Senior Revolving Credit Agreementform and substance satisfactory to Agent.

Collateral Information; Perfection of Liens. Lender The Agent shall have received complete and accurate information from the Company with respect to the name and the location of the principal place of business and chief executive office for the Company and each of its Subsidiaries; all Uniform Commercial Code and other filing and recording fees and taxes shall have been paid or duly provided for; and Lender the Agent shall have received evidence to the satisfaction of Lender the Lenders that all Liens granted to Lender the Agent with respect to all Collateral are valid and effective and, upon the filing of the duly executed Uniform Commercial Code financing statements (or similar filings required by the applicable statutes of Canada, any political subdivision thereof or other foreign jurisdiction in which the Agent is being granted a Lien by the Borrowers) which shall have been delivered to Lender the Agent (in the case of such financing statements for Connecticut and Texas, and, to the extent not prohibited by any Contractual Obligation of Mobil Corporation or any of its Subsidiaries, prior to the Closing Date in time to have such statements filed with the relevant filing office at least two (2) Business Days prior to the Closing Date), will be perfected and of first priority, except as otherwise permitted under this Agreement. All certificates representing Capital Stock included in the Collateral shall have been delivered to the Revolving Credit Agent (with duly executed stock powers, as appropriate) and all instruments included in the Collateral shall have been delivered to the Revolving Credit Agent (duly endorsed to the Revolving Credit Agent), in the manner required by the Senior Revolving Credit Agreement.