Common use of Compliance with Applicable Foreign Laws Clause in Contracts

Compliance with Applicable Foreign Laws. If and so long as the Collateral includes (i) any Equity Interest in, or other Investment Property issued by, a legal entity organized under the laws of a jurisdiction outside the United States or (ii) any Security Entitlement in respect of a Financial Asset issued by such a foreign legal entity, the relevant Grantor will upon request of the Administrative Agent take all such action as may be required under the laws of such foreign jurisdiction to ensure that the Transaction Lien on such Collateral ranks prior to all Liens and rights of others therein other than Liens permitted pursuant to Section 7.03(b)(vii) of the Credit Agreement.

Appears in 4 contracts

Samples: Credit Agreement (Energizer Holdings, Inc.), Guarantee and Collateral Agreement (Inovalon Holdings, Inc.), Credit Agreement (Energizer Holdings Inc)

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