Common use of Covenant Relief Period Clause in Contracts

Covenant Relief Period. During the Covenant Relief Period and until such time as the applicable Covenant Relief Period Collateral shall be released pursuant to the terms of this Agreement and the other Loan Documents, and without limiting the foregoing, the Company will, and will cause each Loan Party that owns any Covenant Relief Period Collateral to, execute and deliver, or cause to be executed and delivered, to the Administrative Agent such documents, agreements and instruments, and will take or cause to be taken such further actions (including the filing and recording of financing statements), which may be required by Applicable Law and which the Administrative Agent may, from time to time until such time as the applicable Covenant Relief Period Collateral shall be released pursuant to the terms of this Agreement and the other Loan Documents, reasonably request to carry out the terms and conditions of this Agreement and the other Loan Documents and to ensure perfection and priority of the Liens created or intended to be created by the Collateral Documents in the Covenant Relief Period Collateral, all at the expense of the Company; provided, however, that no Designated Covenant Relief Period Subsidiary shall be permitted to certificate its Equity Interests or make an election under Article 8 of the UCC unless such certificates are promptly delivered to the Administrative Agent, together with an endorsement in blank.