Common use of Further Assurances; Cure of Title Defects Clause in Contracts

Further Assurances; Cure of Title Defects. (a) Each Credit Party shall, and shall cause each Subsidiary to, cure promptly any defects in the execution and delivery of the Credit Documents. The Credit Parties hereby authorize each Lender to file any (x) financing statements to the extent permitted by applicable Legal Requirements in order to perfect or maintain the perfection of any security interest granted under any of the Credit Documents and/or (y) any amendments to the existing financing statements to reflect the terms of the Credit Documents. Each Credit Party at its expense will, and will cause each Subsidiary to, promptly execute and deliver to the Lenders upon reasonable request by the Lenders all such other documents, agreements and instruments to comply with or accomplish the covenants and agreements of any Credit Party or Subsidiary, as the case may be, in the Credit Documents, or to further evidence and more fully describe the collateral intended as security for the Obligations, or to correct any omissions in the Security Documents, or to state more fully the security obligations set out herein or in any of the Security Documents, or to perfect, protect or preserve any Liens created pursuant to this Agreement, the DIP Orders or any of the Security Documents or the priority thereof, or to make any recordings, to file any notices or obtain any consents, all as may be necessary or appropriate in connection therewith or to enable the Lenders to exercise and enforce its rights and remedies with respect to any Collateral.

Appears in 2 contracts

Samples: Possession Credit Agreement (Carbo Ceramics Inc), Restructuring Support Agreement (Carbo Ceramics Inc)

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Further Assurances; Cure of Title Defects. (a) Each Credit Party of Holdings and the Borrower shall, and shall cause each Restricted Subsidiary to, cure promptly any defects in the creation and issuance of the Notes and the execution and delivery of the Credit DocumentsSecurity Instruments and this Agreement. The Credit Parties Each Loan Party hereby authorize each Lender authorizes the Administrative Agent to file any (x) financing statements without the signature of the Borrower or such Guarantor, as applicable, to the extent permitted by applicable Legal Requirements Requirement in order to perfect or maintain the perfection of any security interest granted under any of the Credit Documents and/or (y) any amendments to the existing financing statements to reflect the terms of the Credit Loan Documents. Each Credit Party of Holdings and the Borrower at its expense will, and will cause each Subsidiary of its Restricted Subsidiaries to, promptly execute and deliver to the Lenders Administrative Agent upon its reasonable request by the Lenders all such other documents, agreements and instruments to comply with or accomplish the covenants and agreements of any Credit Party or Subsidiarythe Loan Parties, as the case may be, in the Credit DocumentsSecurity Instruments and this Agreement, or to further evidence and more fully describe the collateral intended as security for the Obligations, or to correct any omissions in the Security DocumentsInstruments, or to state more fully the security obligations set out herein or in any of the Security DocumentsInstruments, or to perfect, protect or preserve any Liens created pursuant to this Agreement, the DIP Orders or any of the Security Documents or the priority thereofInstruments, or to make any recordings, to file any notices or obtain any consents, all as may be necessary or appropriate in connection therewith or to enable the Lenders Administrative Agent to exercise and enforce its rights and remedies with respect to any Collateral.

Appears in 1 contract

Samples: Credit Agreement (Penn Virginia Corp)

Further Assurances; Cure of Title Defects. (a) Each Credit Party shall, and shall cause each Subsidiary to, cure promptly any defects in the execution and delivery of the Credit Documents. The Credit Parties hereby authorize each Lender the Administrative Agent to file any (x) financing statements to the extent permitted by applicable Legal Requirements in order to perfect or maintain the perfection of any security interest granted under any of the Credit Documents and/or (y) any amendments to the existing financing statements to reflect the terms of the Credit Documents. Each Credit Party at its expense will, and will cause each Subsidiary to, promptly execute and deliver to the Lenders Administrative Agent upon reasonable request by the Lenders Administrative Agent all such other documents, agreements and instruments to comply with or accomplish the covenants and agreements of any Credit Party or Subsidiary, as the case may be, in the Credit Documents, or to further evidence and more fully describe the collateral intended as security for the Obligations, or to correct any omissions in the Security Documents, or to state more fully the security obligations set out herein or in any of the Security Documents, or to perfect, protect or preserve any Liens created pursuant to this Agreement, the DIP Orders or any of the Security Documents or the priority thereofDocuments, or to make any recordings, to file any notices or obtain any consents, all as may be necessary or appropriate in connection therewith or to enable the Lenders Administrative Agent to exercise and enforce its rights and remedies with respect to any Collateral.

Appears in 1 contract

Samples: Credit Agreement (Carbo Ceramics Inc)

Further Assurances; Cure of Title Defects. (a) Each Credit Party The Borrower shall, and shall cause each Restricted Subsidiary to, cure promptly any defects in the creation and issuance of the Notes and the execution and delivery of the Credit Security Documents, this Agreement and the other Loan Documents. The Credit Parties Borrower hereby authorize each Lender authorizes the Administrative Agent to file any (x) financing statements without the signature of the Borrower or such Restricted Subsidiary, as applicable, to the extent permitted by applicable Legal Requirements law in order to perfect or maintain the perfection of any security interest granted under any of the Credit Documents and/or (y) any amendments to the existing financing statements to reflect the terms of the Credit Loan Documents. Each Credit Party The Borrower at its expense will, and will cause each Restricted Subsidiary to, promptly execute and deliver to the Lenders Administrative Agent upon reasonable request by the Lenders all such other documents, agreements and instruments to comply with or accomplish the covenants and agreements of the Borrower or any Credit Party or Restricted Subsidiary, as the case may be, in the Credit DocumentsSecurity Documents and this Agreement, or to further evidence and more fully describe the collateral intended as security for the Obligations, or to correct any omissions in the Security Documents, or to state more fully the security obligations set out herein or in any of the Security Documents, or to perfect, protect or preserve any Liens created pursuant to this Agreement, the DIP Orders or any of the Security Documents or the priority thereofDocuments, or to make any recordings, to file any notices or obtain any consents, all as may be necessary or appropriate in connection therewith or to enable the Lenders Administrative Agent to exercise and enforce its rights and remedies with respect to any Collateral.

Appears in 1 contract

Samples: Credit Agreement (Extraction Oil & Gas, Inc.)

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Further Assurances; Cure of Title Defects. (a) Each Credit Party of Holdings and the Borrower shall, and shall cause each Restricted Subsidiary to, cure promptly any defects in the creation and issuance of the Notes and the execution and delivery of the Credit DocumentsSecurity Instruments and this Agreement. The Credit Parties Each Loan Party hereby authorize each Lender authorizes the Administrative Agent to file any (x) financing statements without the signature of the Borrower or such Guarantor, as applicable, to the extent permitted by applicable Legal Requirements Requirement in order to perfect or maintain the perfection of any security interest granted under any of the Credit Documents and/or (y) any amendments to the existing financing statements to reflect the terms of the Credit Loan Documents. Each Credit Party of Holdings and the Borrower at its expense will, and will cause each Subsidiary of their respective Restricted Subsidiaries to, promptly execute and deliver to the Lenders Administrative Agent upon its reasonable request by the Lenders all such other documents, agreements and instruments to comply with or accomplish the covenants and agreements of any Credit Party or Subsidiarythe Loan Parties, as the case may be, in the Credit DocumentsSecurity Instruments and this Agreement, or to further evidence and more fully describe the collateral intended as security for the Obligations, or to correct any omissions in the Security DocumentsInstruments, or to state more fully the security obligations set out herein or in any of the Security DocumentsInstruments, or to perfect, protect or preserve any Liens created pursuant to this Agreement, the DIP Orders or any of the Security Documents or the priority thereofInstruments, or to make any recordings, to file any notices or obtain any consents, all as may be necessary or appropriate in connection therewith or to enable the Lenders Administrative Agent to exercise and enforce its rights and remedies with respect to any Collateral.

Appears in 1 contract

Samples: Credit Agreement (Penn Virginia Corp)

Further Assurances; Cure of Title Defects. (a) Each Credit Party shall, and shall cause each Subsidiary to, cure promptly any defects in the execution and delivery of the Credit Documents. The Credit Parties hereby authorize each Lender the Administrative Agent to file any (x) financing statements to the extent permitted by applicable Legal Requirements in order to perfect or maintain the perfection of any security interest granted under any of the Credit Documents and/or (y) any amendments to the existing financing statements to reflect the terms of the Credit Documents. Each Credit Party at its expense will, and will cause each Subsidiary to, promptly execute and deliver to the Lenders Administrative Agent upon reasonable request by the Lenders Administrative Agent all such other documents, agreements and instruments to comply with or accomplish the covenants and agreements of any Credit Party or Subsidiary, as the case may be, in the Credit Documents, or to further evidence and more fully describe the collateral intended as security for the Secured Obligations, or to correct any omissions in the Security Documents, or to state more fully the security obligations set out herein or in any of the Security Documents, or to perfect, protect or preserve any Liens created pursuant to this Agreement, the DIP Orders or any of the Security Documents or the priority thereofDocuments, or to make any recordings, to file any notices or obtain any consents, all as may be necessary or appropriate in connection therewith or to enable the Lenders Administrative Agent to exercise and enforce its rights and remedies with respect to any Collateral.

Appears in 1 contract

Samples: Credit Agreement (Carbo Ceramics Inc)

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