Common use of Lien Search; Recordings and Filings Clause in Contracts

Lien Search; Recordings and Filings. (a) The Administrative Agent shall have received results of a recent search by a Person satisfactory to the Administrative Agent that there are no UCC or Tax lien filings on any of the assets of any of the Borrower, its Subsidiaries, EMMT or any Midwest Related Party party to a Security Document in each relevant jurisdiction except for (i) Liens pursuant to the Loan Documents and (ii) Permitted Liens.

Appears in 3 contracts

Samples: Credit Agreement (Midwest Generation LLC), Credit Agreement (Midwest Generation LLC), Credit Agreement (Midwest Generation LLC)

AutoNDA by SimpleDocs

Lien Search; Recordings and Filings. (a) The Administrative Agent shall have received results of a recent search by a Person satisfactory to the Administrative Agent that there are no UCC UCC, judgment or Tax lien filings on any of the assets of any of the Borrower, its Subsidiaries, EMMT or any Midwest Related Party party to a Security Document in each relevant jurisdiction except for (i) Liens pursuant to the Loan Documents and Documents, (ii) Permitted LiensLiens and (iii) Liens to be discharged on or prior to the Effective Date pursuant to documentation reasonably satisfactory to the Administrative Agent.

Appears in 1 contract

Samples: Credit Agreement (Midwest Generation LLC)

Lien Search; Recordings and Filings. (a) The Administrative Agent shall have received results of a recent search by a Person satisfactory to the Administrative Agent that there are no UCC UCC, judgment or Tax lien filings on any of the assets of any of the Borrower, its Subsidiaries, EMMT or any Midwest Related Party party to a Security Document Borrower in each relevant jurisdiction except for (i) Liens pursuant to the Loan Documents and (ii) Permitted LiensLiens to be discharged on or prior to the Effective Date pursuant to documentation reasonably satisfactory to the Administrative Agent.

Appears in 1 contract

Samples: Facility Lease Agreement (Edison Mission Energy)

AutoNDA by SimpleDocs

Lien Search; Recordings and Filings. (a) The Administrative Agent shall have received results of a recent search by a Person satisfactory to the Administrative Agent that there are no UCC UCC, judgment or Tax lien filings on any of the assets of any of the Borrower, its Subsidiaries, EMMT or any Midwest Related Party party to a Security Document Borrower in each relevant jurisdiction except for (i) Liens pursuant to the Loan Documents or permitted by Section 7.2.2 and (ii) Permitted LiensLiens to be discharged on or prior to the Effective Date pursuant to documentation reasonably satisfactory to the Administrative Agent.

Appears in 1 contract

Samples: Facility Lease Agreement (Edison Mission Energy)

Time is Money Join Law Insider Premium to draft better contracts faster.