Continued Perfection of Security. Each of the Borrowers and the Guarantors shall take such action and execute and deliver to the Administration Agent such agreements, conveyances, deeds and other documents and instruments as the Administration Agent may request for the purpose of establishing, perfecting, preserving and protecting the security constituted by the Security Documents, in each case forthwith upon request by the Administration Agent and in form and substance satisfactory to the Administration Agent, acting reasonably.
Continued Perfection of Security. (1) Upon the consummation of any of the Contemplated Acquisitions (and in no event beyond 15 days from such acquisition), each of the Borrowers shall (i) execute security agreements in form and substance reasonably satisfactory to the Bridge Lender (such agreements, the “Security Agreements”), (ii) obtain any necessary third party consents and (iii) make any filings necessary under law (in any jurisdiction, domestic or foreign) to grant Bridge Lender a first priority security interest in the RG Priority Property (subject to the terms of the Macquarie Intercreditor Agreement) and any proceeds of the foregoing (it being understood however, that the Bridge Lender shall make all such further filings as it deems necessary, as contemplated by the Closing Security Agreement, or if required by law, the Borrowers shall make such filings). Additionally, the Borrowers agree to establish the Royalty Proceeds Account within 20 days after the Closing Date and simultaneously with the establishment of the Royalty Proceeds Account, each Borrower shall execute a control agreement with respect to such Royalty Proceeds Account for the benefit of Bridge Lender (a “Control Agreement”), it being understood that amounts from the RG Priority Property may not be paid into the Royalty Proceeds Account until after the RG Priority Date.
(2) In the event that either of the Borrowers shall acquire or form any new subsidiary after the date hereof, such Borrower will cause such new subsidiary within 10 days of the consummation of such acquisition or the formation of such subsidiary to execute a security agreement and such other documents, instruments, or filings as may be necessary to create a security interest in the equity of such new subsidiary and all of the assets of such subsidiary.
(3) Each Borrower shall at its cost take such action and execute and deliver to the Bridge Lender such agreements, conveyances, deeds, releases and other documents and instruments as the Bridge Lender shall reasonably request for the purpose of establishing, perfecting, preserving and protecting the enforceability of the Security and the Lien thereof, in each case forthwith upon request therefor by the Bridge Lender and in form and substance satisfactory to the Bridge Lender acting reasonably.
Continued Perfection of Security. The Obligors shall take such action and execute and deliver to the Lender and the Collateral Agent such agreements, conveyances, deeds and other documents and instruments as the Lender and the Collateral Agent shall reasonably request for the purpose of establishing, perfecting, preserving and protecting the Security Documents and the Encumbrances of the Security Documents, in each case promptly upon request therefor by the Collateral Agent and in form and substance satisfactory to the Lender acting reasonably.
Continued Perfection of Security. The Group Entities shall take such action and execute and deliver to the Lenders such agreements, conveyances, deeds and other documents and instruments as the Lenders may reasonably request for the purpose of establishing, perfecting, preserving and protecting the Security Documents, in each case forthwith upon request by the Lenders and in form and substance satisfactory to the Lenders, acting reasonably.
Continued Perfection of Security. The Borrower shall take such action and execute and deliver to the Administrative Agent such agreements, conveyances, deeds and other documents and instruments as the Administrative Agent shall reasonably request for the purpose of establishing, perfecting, preserving and protecting the Security and the Liens of the Security, in each case forthwith upon request therefor by the Administrative Agent and in form and substance satisfactory to the Lenders acting reasonably.
Continued Perfection of Security. Each Obligor shall at its cost take such action and execute and deliver to the Bridge Lender such agreements, conveyances, deeds and other documents and instruments as the Bridge Lender shall reasonably request for the purpose of establishing, perfecting, preserving and protecting the enforceability of the Security and the Lien thereof, in each case forthwith upon request therefor by the Bridge Lender and in form and substance satisfactory to the Bridge Lender acting reasonably.
Continued Perfection of Security. Subject to the Agreed Security Principles, the Borrower shall:
(a) deliver and/or perfect the Security in the Collateral referred to in the proviso in Section 6.1(1) (including Mortgages and the other deliverables set forth in Section 8.1(c) on the Material Real Properties of the Loan Parties as set forth on Schedule 8.5 within 90 days (or such longer period as the Administrative Agent may reasonably agree in its sole discretion)) after the Closing Date; and
(b) take such action and execute and deliver to the Collateral Agent such agreements, conveyances, deeds and other documents and instruments as the Collateral Agent shall reasonably request for the purpose of establishing, perfecting, preserving and protecting the Security and the Liens of the Security to the extent contemplated by this Agreement and the Security Documents, in each case forthwith upon request therefor by the Collateral Agent and in form and substance satisfactory to the Collateral Agent, acting reasonably.
Continued Perfection of Security. Subject to the Agreed Security Principles, the Borrower shall:
(a) deliver and/or perfect the Security in the Collateral referred to in the proviso in Section 6.1(1) (including mortgages of the fee owned real property located in California and owned by certain of the MDA Parties) within 90 days (or such longer period as the Administrative Agent may reasonably agree in its discretion) after the Closing Date pursuant to arrangements to be mutually agreed between the Borrower and the Administrative Agent; and
(b) take such action and execute and deliver to the Collateral Agent such agreements, conveyances, deeds and other documents and instruments as the Collateral Agent shall reasonably request for the purpose of establishing, perfecting, preserving and protecting the Security and the Liens of the Security to the extent contemplated by this Agreement and the Security Documents, in each case forthwith upon request therefor by the Collateral Agent and in form and substance satisfactory to the Collateral Agent, acting reasonably. In particular but without limiting the generality of the foregoing, the Borrower may from time to time provide to the Collateral Agent a deposit account control agreement in respect of a bank account of a Designated Subsidiary in the United States of America, in form and substance satisfactory to the Collateral Agent acting reasonably, in order that such bank account shall become a DACA Account.
Continued Perfection of Security. Each Obligor shall at its cost take such action and execute and deliver to the Facility Provider such agreements, conveyances, deeds and other documents and instruments as the Facility Provider shall reasonably request for the purpose of establishing, perfecting, preserving and protecting the enforceability of the Security and the Lien thereof, in each case forthwith upon request therefor by the Facility Provider and in form and substance satisfactory to the Facility Provider acting reasonably.
Continued Perfection of Security. The Borrower shall take such action and execute and deliver to the Lender such agreements, conveyances, deeds and other documents and instruments as the Lender shall reasonably request for the purpose of establishing, perfecting, preserving and protecting the enforceability of the Security and the Lien thereof, in each case forthwith upon request therefor by the Lender and in form and substance satisfactory to the Lender acting reasonably.
