Further Assurances Regarding Collateral. (a) Promptly upon request by the Administrative Agent, or any Lender through the Administrative Agent, (a) correct any material defect or error relating to the granting or perfection of security interests that may be discovered in any Credit Document or in the execution, acknowledgment, filing or recordation thereof, and (b) do, execute, acknowledge, deliver, record, re-record, file, re-file, register and re-register any and all such further acts, deeds, certificates, assurances and other instruments as the Administrative Agent, or the Required Lenders through the Administrative Agent, may reasonably require from time to time in order to (i) carry out more effectively the purposes of the Credit Documents, (ii) to the fullest extent permitted by applicable law, subject any Credit Party’s or any Credit Party’s Subsidiaries’ properties, assets, rights or interests to the Liens now or hereafter intended to be covered by any of the Collateral Documents, (iii) perfect and maintain the validity, effectiveness and priority of any of the Collateral Documents and any of the Liens intended to be created thereunder and (iv) assure, convey, grant, assign, transfer, preserve, protect and confirm more effectively unto the holders of the Obligations the rights granted to the holders of the Obligations under any Credit Document or under any other instrument executed in connection with any Credit Document to which any Credit Party or any Credit Party’s Subsidiaries is or is to be a party, and cause each of the Parent Borrower’s Subsidiaries to do so.
(b) Notwithstanding anything to the contrary provided herein or in any Credit Document, the Parent Borrower and the Subsidiaries shall not be required to deliver control agreements with respect to deposit accounts or securities accounts.
Further Assurances Regarding Collateral. As promptly as practicable but in any event within 45 days (or such later date as may be agreed upon by the Agent) after a Subsidiary is required to become a Guarantor, the Borrower shall provide the Agent with written notice thereof setting forth information in reasonable detail describing the material assets of such Subsidiary and shall cause each such Subsidiary to deliver to the Agent a joinder to the Security Agreement (in each case in the form contemplated thereby) pursuant to which such Subsidiary agrees to be bound by the terms and provisions thereof, such joinder to be accompanied by appropriate resolutions, other documentation and other Credit Documents to the extent reasonably requested by the Agent, and legal opinions in form and substance reasonably satisfactory to the Agent and its counsel. The Borrower will cause, and will cause each other Credit Party to cause, all or substantially all of its owned personal property (whether tangible, intangible, or mixed), to be subject to perfected Liens in favor of the Agent for the benefit of the Holders of Secured Obligations to secure the Secured Obligations in accordance with the terms and conditions of the Security Agreement, subject in any case to Liens permitted by Section 8.2 and any exceptions thereto permitted in the Security Agreement; provided, however, it is understood that any security interest in the newspaper business of The X.X. Xxxxxxx Company and its subsidiaries, other than those perfected by the filing of financing statements, shall be perfected within 30 days after the Closing Date or such longer period as the Agent may approve in its discretion. Neither the Borrower nor any other Credit Party shall be required to deliver mortgages to the Agent in respect of the Borrower’s or any other Credit Party’s real property or any leasehold interest. If any assets constituting Collateral are acquired by the Borrower or any Credit Party after the Closing Date with respect to which additional action is required under the Credit Agreement or the Security Agreement to perfect the Lien of the Agent in such assets, the Borrower will notify the Agent thereof, and, if requested by the Agent, and if the cost of perfecting a Lien in such property, in the Agent’s reasonable discretion, is not excessive in light of the value of such property, the Borrower will cause such assets to be subjected to a Lien securing the Secured Obligations and will take, and cause the other Credit Parties to take, such actio...
Further Assurances Regarding Collateral. Each Credit Party shall:
(i) At its expense, from time to time execute and deliver, or cause to be executed and delivered, such additional instruments, certificates or documents, and take all such actions, as the Administrative Agent or the Required Lenders may reasonably request, for the purposes of implementing or effectuating the provisions of this Agreement and the other Loan Documents or, upon the occurrence of the Collateral Effective Date, creating or perfecting or ensuring the priority or sufficiency or enforceability or enforcement of a Lien in favor of the Administrative Agent as security for the Obligations upon any or all of the Collateral (whether owned prior to the Collateral Effective Date or thereafter acquired), or more fully perfecting or renewing any such Lien;
(ii) To the extent requested by the Administrative Agent, at such Credit Party's expense, if the exercise by the Administrative Agent or any Lender of any power, right, privilege or remedy pursuant to this Agreement or the other Loan Documents requires any consent, approval, recording, qualification or authorization of any Governmental Authority, execute and deliver, or cause the execution and delivery of, all applications, certifications, instruments and other documents and papers that may be required from the Borrower or any of its Subsidiaries or may reasonably be requested for such governmental consent, approval, recording, qualification or authorization; and
(iii) Use its commercially reasonable efforts to obtain within 45 days of the Collateral Effective Date (or in the case of locations which meet the threshold set forth herein on a date subsequent to the Collateral Effective Date, within 45 days of the date on which a Responsible Officer of the Borrower becomes aware of such change) such landlord waiver and/or warehousemen and bailee letters, as applicable, in form and substance satisfactory to the Administrative Agent with respect to all Collateral located at a leased location or held by a warehouseman or bailee to the extent the aggregate value of the Collateral at such location exceeds $1,000,000."
10. Amendment to Section 9.1(c)
Further Assurances Regarding Collateral. (i) At its own cost and expense upon the request of the Collateral Agent, the Borrower shall, and shall cause each of its Subsidiaries to, make, execute, endorse, acknowledge, file and/or deliver to the Collateral Agent from time to time such lists, descriptions and designations of the Collateral and take such further steps relating to the Collateral for the benefit of the Secured Parties pursuant to any Security Document, which are necessary or reasonably appropriate to create, perfect, preserve, protect or validate any Liens granted pursuant to the Security Documents on any Collateral or to enable the Collateral Agent to exercise and enforce its rights under any Security Document with respect to such Liens (including seeking all applicable regulatory authorizations to facilitate any foreclosure on Collateral); and (ii) promptly upon request by the Collateral Agent, or any Lender through the Agent, correct, and cause each of its Subsidiaries promptly to correct, any material defect or error that may be discovered in any Security Document or in the execution, acknowledgment, filing or recordation of any Security Document.
Further Assurances Regarding Collateral. Promptly upon request by the Administrative Agent, or any Lender through the Administrative Agent, except during a Collateral Release Period (a) correct any material defect or error relating to the granting or perfection of security interests that may be discovered in any Credit Document or in the execution, acknowledgment, filing or recordation thereof, and (b) do, execute, acknowledge, deliver, record, re-record, file, re-file, register and re-register any and all such further acts, deeds, certificates, assurances and other instruments as the Administrative Agent, or the Required Lenders through the Administrative Agent, may reasonably require from time to time in order to (i) carry out more effectively the purposes of the Credit Documents, (ii) to the fullest extent permitted by applicable Law, subject the Capital Stock of any Subsidiary held by any Credit Party to the Liens now or hereafter intended to be covered by any of the Collateral Documents, (iii) perfect and maintain the validity, effectiveness and priority of any of the Collateral Documents and any of the Liens intended to be created thereunder and (iv) assure, convey, grant, assign, transfer, preserve, protect and confirm more effectively unto the holders of the Obligations the rights granted to the holders of the Obligations under any Credit Document or under any other instrument executed in connection with any Credit Document to which any Credit Party or any Credit Party’s Subsidiaries is or is to be a party, and cause each of the Borrower’s Subsidiaries to do so.
Further Assurances Regarding Collateral. At all times following the Collateral Effective Date and prior to any Collateral Release Date, Holdings and the Borrower shall, and shall cause each of its Subsidiaries to, upon the reasonable request of the Administrative Agent, promptly perform or cause to be performed any and all acts and execute or cause to be executed and delivered any and all documents which are necessary to maintain in favor of the Administrative Agent, for the benefit of the holders of the Obligations, Liens on the Collateral that are duly perfected in accordance with all applicable Laws.
Further Assurances Regarding Collateral. Subject to the limitations and exceptions described in this Indenture and the Security Documents, if the Issuers or any Guarantor creates any additional security interest upon any property or asset to secure any First Priority Lien Obligations (which include Obligations in respect of the Credit Agreement), it must concurrently grant a security interest, on no less than a second-priority ranking (subject to Permitted Liens), upon such property as security for the Second Priority Lien Obligations and, in the case of any such property or assets constituting real property, if any title policy, survey, opinion or other real property documentation is provided to the holders of First Priority Lien Obligations (or any agent or trustee acting on behalf of the holders of First Priority Lien Obligations), deliver to the Collateral Agent an equivalent title policy, survey, opinion or such other documentation concurrently with such delivery to the holders of First Priority Lien Obligations (or any agent or trustee acting on behalf of the holders of First Priority Lien Obligations). Upon request of the Trustee (but without imposing any duty or obligation of any kind on the Trustee to make any such request), the Issuers and the Guarantors shall execute and deliver such further instruments and do such further acts as may be reasonably necessary or proper to carry out more effectively the purpose of this Indenture and the Security Documents.
Further Assurances Regarding Collateral. Each Loan Party shall, upon the reasonable request of the applicable Collateral Agent, promptly perform or cause to be performed any and all acts and execute or cause to be executed and delivered any and all documents which are necessary or advisable to maintain in favor of the applicable Collateral Agent, for the benefit of the applicable Lenders, Liens on the applicable Collateral that are duly perfected in accordance with all applicable Laws.
Further Assurances Regarding Collateral. The Borrower shall:
(i) At its expense, from time to time execute and deliver, or cause to be executed and delivered, such additional instruments, certificates or documents, and take all such actions, as the Agent or the Required Lenders may reasonably request, for the purposes of implementing or effectuating the provisions of this Agreement and the other Credit Documents or creating or perfecting or ensuring the priority or sufficiency or enforceability or enforcement of a Lien in favor of the Agent as security for the Credit Party Obligations upon any or all of the Collateral (whether then owned or thereafter acquired), or more fully perfecting or renewing any such Lien;
(ii) To the extent requested by the Agent, at its expense, if the exercise by the Agent or any Lender of any power, right, privilege or remedy pursuant to this Agreement or the other Loan Documents requires any consent, approval, recording, qualification or authorization of any governmental authority, execute and deliver, or cause the execution and delivery of, all applications, certifications, instruments and other documents and papers that may be required from the Borrower or any of its Subsidiaries or may reasonably be requested for such governmental consent, approval, recording, qualification or authorization;
(iii) At its expense, within 60 days following the destruction of, material damage to or material diminution of value in all or part of the Mortgaged Properties by a natural disaster or similar event (including but not limited to the loss of Mortgaged Properties attributable to any material defects in the title of any of the Mortgaged Property), provide substitute Real Property as additional (or replacement) Collateral and in connection therewith execute and deliver, or cause to be executed and delivered, all instruments, certificates or documents necessary to create a first priority perfected Lien in favor of the Agent as security for the Credit Party Obligations on the replacement timberlands of equal or greater value than the portion of the Mortgaged Properties so destroyed, damaged or reduced in value; provided, however, that upon the -------- ------- delivery by the Borrower of such Collateral, the Agent shall deliver to the Borrower, upon the Borrower's request and at the Borrower's expense, such documentation as is reasonably necessary to evidence the release of the Agent's security interest in that portion of the Mortgaged Property so destroyed, damaged or reduced in va...
Further Assurances Regarding Collateral. As soon as practicable but no later than 90 days after the Closing Date, the Agents shall receive, in form and substance acceptable to the Agents:
(a) Environmental Reports. Environmental assessment reports and related documents with respect to all Mortgaged Properties.