Common use of Foreign Collateral Clause in Contracts

Foreign Collateral. Company shall use its best efforts to take or ------------------ cause to be taken all such actions, execute and deliver or cause to be executed and delivered all such agreements, documents and instruments and make or cause to be made all such filings and recordings that may be necessary or, in the opinion of Administrative Agent, desirable in order to create in favor of Collateral Agent, for the benefit of Banks, a valid and perfected security interest in all foreign registrations of IP Collateral and 65% of the Capital Stock owned by Company or any Domestic Subsidiary of all Material Foreign Subsidiaries (other than the Capital Stock of Restricted Subsidiaries).

Foreign Collateral. Company shall use its best efforts to take ------------------ or ------------------ cause to be taken all such actions, execute and deliver or cause to be executed and delivered all such agreements, documents and instruments and make or cause to be made all such filings and recordings that may be necessary or, in the opinion of Administrative Agent, desirable in order to create in favor of Collateral Agent, for the benefit of Banks, a valid and perfected security interest in all foreign registrations of IP Collateral and 65% of the Capital Stock owned by Company or any Domestic Subsidiary of all Material Foreign Subsidiaries (other than the Capital Stock of Restricted Subsidiaries).

Foreign Collateral. Company shall use its best efforts to take or ------------------ ----------------- cause to be taken all such actions, execute and deliver or cause to be executed and delivered all such agreements, documents and instruments and make or cause to be made all such filings and recordings that may be necessary or, in the opinion of Administrative Agent, desirable in order to create in favor of Collateral Agent, for the benefit of Banks, a valid and perfected security interest in all foreign registrations of IP Collateral and 65% of the Capital Stock owned by Company or any Domestic Subsidiary of all Material Foreign Subsidiaries (other than the Capital Stock of Restricted Subsidiaries).