Collateral Undertakings. The Parties agree to use best efforts to achieve the following within the timeframes indicated:
Collateral Undertakings. (a) Borrower will take, and cause each Subsidiary to take, such actions as are necessary or as the Administrative Agent or the Required Lenders may reasonably request from time to time (including the execution and delivery of guaranties, security agreements, pledge agreements, mortgages, deeds of trust, financing statements and other agreements and documents, the filing or recording of any of the foregoing, and the delivery of stock certificates and other collateral with respect to which perfection is obtained by possession) to ensure that (x) the Obligations are (i) secured by substantially all of the assets of the Borrower and (ii) guaranteed by all of its Subsidiaries, (except to the extent provided in subsection "(b)" below) (including, promptly upon the acquisition or creation thereof, any Subsidiary acquired or created after the date hereof) by execution of a guaranty substantially in the form of Exhibit 4.15.4 hereto (each, a "Subsidiary Guaranty") and (y) the obligations of each such Subsidiary under the applicable Subsidiary Guaranty are secured
Collateral Undertakings. The Parties agree to use best efforts to achieve the following within the timeframes indicated: 000 X. Xxxxxxxxx Blvd. Beverly Hills CA 90211 USA xxxxxxx@xxxxxxxxxxxxxxxxxxxxxxxxxx.xxx 000-000-0000 t
Collateral Undertakings a. Borrower will take, and cause each Subsidiary to take, such actions as are necessary or as Administrative Agent or the Required Lenders may reasonably request from time to time (including the execution and delivery of guaranties, security agreements, pledge agreements, mortgages, deeds of trust, financing statements and other agreements and documents, the filing or recording of any of the foregoing, and the delivery of stock certificates and other collateral with respect to which perfection is obtained by possession) to ensure that (x) the Obligations are (i) secured by substantially all of the assets of Borrower, except to the extent provided in subsection 4.15.4.b or c. and (ii) guaranteed by all of its Subsidiaries, except to the extent provided in subsection 14.15.4.b. including, promptly upon the acquisition or creation thereof, any Subsidiary acquired or created after the date hereof with the consent of the Required Lenders) by execution of a guaranty substantially in the form of that certain Amended and Restated Domestic Subsidiary Guaranty, dated as of the date hereof (as may hereafter be amended or otherwise modified), issued by certain Domestic Subsidiaries to Administrative Agent (each, a "Subsidiary Guaranty") and (y) the obligations of each such Subsidiary under the applicable Subsidiary Guaranty are secured by substantially all of the assets of such Subsidiary except to the extent provided in subsection 4.15.4.b or c.
