Common use of Lien Search; Perfection of Security Clause in Contracts

Lien Search; Perfection of Security. Receipt by the Collateral Agent of copies or evidence, as the case may be, of the following actions in connection with the perfection of the Collateral: (i) completed requests for information or copies of the UCC search reports and tax lien, judgment and litigation search reports for the State of Delaware and the State of Louisiana, and any other jurisdiction reasonably requested by any of the Facility Agents that name each Obligor or the Pledgor as debtor, together with copies of each UCC financing statement, fixture filing or other filings listed therein, which evidences no Liens on the Collateral, other than Permitted Liens; all dated within 15 Business Days prior to the Initial Closing Date; (ii) UCC financing statements, fixture filings or other filings reflecting the Liens granted pursuant to the Original Common Security and Account Agreement and the other Security Documents that any of the Facility Agents may deem necessary or desirable in order to perfect the first priority Liens (subject to Permitted Liens) created thereunder; and (iii) the Collateral is subject to the perfected first priority Lien (subject only to Permitted Liens) established pursuant to the Security Documents;

Appears in 2 contracts

Samples: Common Terms Agreement (Venture Global, Inc.), Common Terms Agreement (Venture Global, Inc.)

AutoNDA by SimpleDocs

Lien Search; Perfection of Security. Receipt by the Collateral The Administrative Agent of shall have received satisfactory copies or evidence, as the case may be, of the following actions in connection with the perfection of the Collateral: (i) completed requests for information or copies of the UCC Uniform Commercial Code search reports and tax lien, judgment and litigation search reports reports, dated no more than fifteen (15) Business Days before the Closing Date, for the State States of Delaware and the State of Delaware, Louisiana, Texas and any other jurisdiction reasonably requested by any of the Facility Agents Administrative Agent that name each Obligor or the Pledgor Loan Parties as debtordebtors, together with copies of each UCC financing statement, fixture filing or other filings listed therein, which evidences shall evidence no Liens on the Collateral, other than Permitted Liens; all dated within 15 Business Days prior to the Initial Closing Date;and (ii) UCC financing statementsevidence of the completion of all other actions, fixture recordings and filings of or other filings reflecting the Liens granted pursuant with respect to the Original Common Security and Account Agreement and the other Security Documents that any of the Facility Agents Administrative Agent may deem necessary or reasonably desirable in order to perfect the first first-priority Liens (subject to Permitted Liens) Liens created thereunder; and (iii) , including the delivery by Pledgors to the Collateral is subject Agent of the original certificates representing all partnership interests in the Borrower (in each case together with a duly executed transfer power and irrevocable proxy in substantially the form attached to the perfected first priority Lien (subject only to Permitted LiensPledge Agreements) established pursuant to and the Security Documents;filing of UCC-l financing statements.

Appears in 2 contracts

Samples: Credit Agreement, Credit Agreement (Cheniere Energy Partners, L.P.)

AutoNDA by SimpleDocs

Lien Search; Perfection of Security. Receipt by the Collateral Agent of copies or evidence, as the case may be, of the following actions in connection with the perfection of the Collateral: (i) completed requests for information or copies of the UCC search reports and tax lien, judgment and litigation search reports for the State of Delaware and the State of Louisiana, and any other jurisdiction reasonably requested by any of the Facility Agents that name each Obligor or the Pledgor as debtor, together with copies of each UCC financing statement, fixture filing or other filings listed therein, which evidences no Liens on the Collateral, other than Permitted Liens; all dated within 15 Business Days prior to the Initial Upsize Closing Date; (ii) UCC financing statements, fixture filings or other filings reflecting the Liens granted pursuant to the Original Common Security and Account Agreement and the other Security Documents that any of the Facility Agents may deem necessary or desirable in order to perfect the first priority Liens (subject only to Permitted Liens) created thereunder; and (iii) the Collateral is subject to the perfected first priority Lien (subject only to Permitted Liens) established pursuant to the Security Documents;

Appears in 2 contracts

Samples: Common Terms Agreement (Venture Global, Inc.), Common Terms Agreement (Venture Global, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!