Common use of Lien Perfection Clause in Contracts

Lien Perfection. Each Borrower agrees to execute or cause the Subsidiaries to execute all Uniform Commercial Code financing statements, and amendments and continuation statements thereto, provided for by Applicable Law, together with any and all other instruments, assignments, or documents, and shall take such other action as may be required to perfect or continue the perfection of the Administrative Agent's (on its behalf and on behalf of the Issuing Banks and the Lenders) security interest in the Collateral. Each Borrower hereby authorizes the Administrative Agent to execute and file any such financing statement on such Borrower's or such Subsidiary's behalf to the extent permitted by Applicable Law.

Appears in 2 contracts

Samples: Credit Agreement (Bull Run Corp), Credit Agreement (Bull Run Corp)

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Lien Perfection. Each The Borrower agrees to execute or to, and will cause the Subsidiaries to each Material Subsidiary to, execute all Uniform Commercial Code financing statements, and amendments and continuation statements thereto, provided for by Applicable Law, Law together with any and all other instruments, assignments, assignments or documents, documents and shall take such other action as may be required to perfect or continue the perfection of the Administrative Agent's (on its behalf and on behalf of the Issuing Banks Lenders and the LendersIssuing Banks) security interest in the Collateral. Each The Borrower hereby authorizes the Administrative Agent to execute and file any such financing statement on such the Borrower's or such Subsidiary's behalf to the extent permitted by Applicable Law.

Appears in 2 contracts

Samples: Credit Agreement (Zenith Electronics Corp), Credit Agreement (Zenith Electronics Corp)

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Lien Perfection. Each The Borrower agrees to execute or to, and will cause the Subsidiaries to --------------- each Material Subsidiary to, execute all Uniform Commercial Code financing statements, and amendments and continuation statements thereto, provided for by Applicable Law, Law together with any and all other instruments, assignments, assignments or documents, documents and shall take such other action as may be required to perfect or continue the perfection of the Administrative Agent's (on its behalf and on behalf of the Issuing Banks Lenders and the LendersIssuing Banks) security interest in the Collateral. Each The Borrower hereby authorizes the Administrative Agent to execute and file any such financing statement on such the Borrower's or such Subsidiary's behalf to the extent permitted by Applicable Law.

Appears in 1 contract

Samples: Credit Agreement (Zenith Electronics Corp)

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