Common use of Lien Searches; Lien Perfection Clause in Contracts

Lien Searches; Lien Perfection. (i) The Administrative Agent shall have received substantially all of the results of a search of Uniform Commercial Code, tax and judgment filings made with respect to Bermuda Holdings and its Subsidiaries in the jurisdictions set forth on Schedule 4.15(b) with respect to which it has requested such search, together with copies of financing statements disclosed by such searches and such searches shall disclose no Liens on any assets encumbered by any Security Document, except for Liens permitted hereunder or, if unpermitted Liens are disclosed, the Administrative Agent shall have received reasonably satisfactory evidence of the release of such Liens and (ii) the Administrative Agent shall have received each document (including any Uniform Commercial Code financing statements), necessary or, in the opinion of the Administrative Agent, desirable to perfect the Liens created by the Security Documents, in proper form for filing; provided that the Administrative Agent may, in the reasonable exercise of its discretion, consent to an extension of time with respect to any such document or action relating to the perfection of Liens in Collateral located in or governed by the laws of a jurisdiction other than the United States or a political subdivision thereof.

Appears in 2 contracts

Samples: Intercreditor Agreement (Stratus Technologies Bermuda Holdings Ltd.), Revolving Credit Agreement (Stratus Technologies Bermuda Holdings Ltd.)

AutoNDA by SimpleDocs

Lien Searches; Lien Perfection. (i) The Administrative Agent shall have received substantially all of the results of a search of Uniform Commercial CodeUCC, tax and judgment filings filings, each of a recent date, made with respect to Bermuda Holdings Borrower and its Subsidiaries in the jurisdictions set forth on Schedule 4.15(b) with respect to which it has requested such search6.1(d)(i), together with copies of financing statements disclosed by such searches and such searches shall disclose no Liens on any assets encumbered by any Security Document, except for Liens permitted hereunder or, if unpermitted Liens are disclosed, the Administrative Agent shall have received reasonably satisfactory evidence of the release of such Liens, (ii) the Administrative Agent shall have the results of intellectual property searches, together with copies of Liens disclosed thereby and such searches shall disclose no Liens on any intellectual property owned by Holdings or any of its Subsidiaries and encumbered by any Security Document except for Liens permitted hereunder or if unpermitted Liens are disclosed, the Administrative Agent shall have received satisfactory evidence of the release of such Liens and (iiiii) the Administrative Agent shall have received each document duly executed financing statements on Form UCC-1 (including any Uniform Commercial Code financing statements)or UCC-2, if appropriate) and other instruments in appropriate form for filing under the UCC, necessary or, in the reasonable opinion of the Administrative Agent, desirable to perfect the Liens created by the Security Documents, in proper form for filing; provided that the Administrative Agent may, in the reasonable exercise of its discretion, consent to an extension of time with respect to any such document or action relating to the perfection of Liens in Collateral located in or governed by the laws of a jurisdiction other than the United States or a political subdivision thereof.

Appears in 2 contracts

Samples: Credit Agreement (Language Line Costa Rica, LLC), Credit Agreement (Language Line Holdings, Inc.)

Lien Searches; Lien Perfection. (i) The Administrative Agent shall have received substantially all of the results of a search of Uniform Commercial CodeUCC, tax and judgment filings made with respect to Bermuda Holdings Borrower and its Subsidiaries in the jurisdictions set forth on Schedule 4.15(b) with respect to which it has requested such search6.1(f)(i), together with copies of financing statements disclosed by such searches and such searches shall disclose no Liens on any assets encumbered by any Security Se- curity Document, except for Liens permitted hereunder or, if unper- mitted Liens are disclosed, the Administrative Agent shall have re- ceived satisfactory evidence of the release of such Liens, (ii) the Administrative Agent shall have the results of intellectual property searches described on Schedule 6.1(f)(ii), together with copies of Liens disclosed thereby and such searches shall disclose no Liens on any intellectual property encumbered by any Security Document except for Liens permitted hereunder or if unpermitted Liens are disclosed, the Administrative Agent shall have received reasonably satisfactory evidence of the release of such Liens Liens, and (iiiii) the Administrative Agent shall have received each document (including any Uniform Commercial Code duly executed financing statements)statements on Form UCC-1 and other instruments, necessary or, in the reasonable opinion of the Administrative Ad- ministrative Agent, desirable to perfect the Liens created by the Security Se- curity Documents, in proper form for filing; provided that the Administrative Agent may, in the reasonable exercise of its discretion, consent to an extension of time with respect to any such document or action relating to the perfection of Liens in Collateral located in or governed by the laws of a jurisdiction other than the United States or a political subdivision thereof.. (g)

Appears in 2 contracts

Samples: Credit Agreement (Hollywood Entertainment Corp), Credit Agreement (Hollywood Entertainment Corp)

Lien Searches; Lien Perfection. (i) The Administrative Agent shall have received substantially all of the results of a search of Uniform Commercial Code, tax and judgment filings made with respect to Bermuda Holdings HubCo and its Subsidiaries in the jurisdictions set forth on Schedule 4.15(b5.15(b) to the Original Credit Agreement with respect to which it has requested such search, together with copies of financing statements disclosed by such searches and such searches shall disclose no Liens on any assets encumbered by any Security Document, except for Liens permitted hereunder or, if unpermitted Liens are disclosed, the Administrative Agent shall have received reasonably satisfactory evidence of the release of such Liens and (ii) the Administrative Agent shall have received each document (including any Uniform Commercial Code financing statements), necessary or, in the opinion of the Administrative Agent, desirable to perfect the Liens created by the Security Documents, in proper form for filing; provided that the Administrative Agent may, in the reasonable exercise of its discretion, consent to an extension of time with respect to any such document or action relating to the perfection of Liens in Collateral located in or governed by the laws of a jurisdiction other than the United States or a political subdivision thereof.

Appears in 2 contracts

Samples: Collateral Agreement (Stratus Technologies Bermuda Holdings Ltd.), Credit Agreement (Stratus Technologies Bermuda Holdings Ltd.)

Lien Searches; Lien Perfection. (i) The Administrative Agent shall have received substantially all of the results of a search of Uniform Commercial CodeUCC, tax and judgment filings filings, each of a recent date, made with respect to Bermuda Holdings the G-Force System and its Subsidiaries Atlantic Broadband (SC), LLC in the jurisdictions set forth on Schedule 4.15(b6.3(c)(i) with respect to which it has requested such searchthe Third Amendment, together with copies of financing statements disclosed by such searches and such searches shall disclose no Liens on any assets encumbered by any Security Document, except for Liens permitted hereunder or, if unpermitted Liens are disclosed, the Administrative Agent shall have received reasonably satisfactory evidence of the release of such Liens, (ii) the Administrative Agent shall have the results of intellectual property searches described on Schedule 6.3(c)(ii) to the Third Amendment, together with copies of Liens disclosed thereby and such searches shall disclose no Liens on any intellectual property owned by the G-Force System or Atlantic Broadband (SC), LLC and encumbered by any Security Document except for Liens permitted hereunder or if unpermitted Liens are disclosed, the Administrative Agent shall have received satisfactory evidence of the release of such Liens and (iiiii) the Administrative Agent shall have received each document duly executed financing statements on Form UCC-1 (including any Uniform Commercial Code financing statements)or UCC-2, if appropriate) and other instruments in appropriate form for filing under the UCC, necessary or, in the reasonable opinion of the Administrative Agent, desirable to perfect the Liens created by the Security Documents, in proper form for filing; provided that the Administrative Agent may, in the reasonable exercise of its discretion, consent to an extension of time with respect to any such document or action relating to the perfection of Liens in Collateral located in or governed by the laws of a jurisdiction other than the United States or a political subdivision thereof.

Appears in 1 contract

Samples: 3 and Agreement (Atlantic Broadband Finance, LLC)

Lien Searches; Lien Perfection. (i) The Administrative Agent shall have received substantially all of the results of a search of Uniform Commercial CodeUCC, tax and judgment filings filings, each of a recent date, made with respect to Bermuda Holdings the System, Borrower and its Subsidiaries in the jurisdictions set forth on Schedule 4.15(b) with respect to which it has requested such search6.1(d)(i), together with copies of financing statements disclosed by such searches and such searches shall disclose no Liens on any assets encumbered by any Security Document, except for Liens permitted hereunder or, if unpermitted Liens are disclosed, the Administrative Agent shall have received reasonably satisfactory evidence of the release of such Liens, (ii) the Administrative Agent shall have the results of intellectual property searches described on Schedule 6.1(d)(ii), together with copies of Liens disclosed thereby and such searches shall disclose no Liens on any intellectual property owned by Holdings or any of its Subsidiaries and encumbered by any Security Document except for Liens permitted hereunder or if unpermitted Liens are disclosed, the Administrative Agent shall have received satisfactory evidence of the release of such Liens and (iiiii) the Administrative Agent shall have received each document duly executed financing statements on Form UCC-1 (including any Uniform Commercial Code financing statements)or UCC-2, if appropriate) and other instruments in appropriate form for filing under the UCC, necessary or, in the reasonable opinion of the Administrative Agent, desirable to perfect the Liens created by the Security Documents, in proper form for filing; provided that the Administrative Agent may, in the reasonable exercise of its discretion, consent to an extension of time with respect to any such document or action relating to the perfection of Liens in Collateral located in or governed by the laws of a jurisdiction other than the United States or a political subdivision thereof.

Appears in 1 contract

Samples: Credit Agreement (Atlantic Broadband Management, LLC)

AutoNDA by SimpleDocs

Lien Searches; Lien Perfection. (i) The Administrative Agent shall have received substantially all of the results of a search of Uniform Commercial CodeUCC, tax and judgment filings made with respect to Bermuda Holdings each Credit Party and its Subsidiaries in the jurisdictions set forth on Schedule 4.15(b) with respect acceptable to which it has requested such searchthe Administrative Agent, together with copies of financing statements disclosed by such searches and such searches shall disclose no Liens on any assets encumbered by any Security Document, except for Liens permitted hereunder or, if unpermitted Liens are disclosed, the Administrative Agent shall have received reasonably satisfactory evidence of the release of such Liens and Liens, (ii) the Administrative Agent shall have the results of Intellectual Property searches with respect to all material Intellectual Property (which material Intellectual Property is described on Schedules 15(a) and 15(b) of the Perfection Certificate), together with copies of Liens disclosed thereby and such searches shall disclose no Liens on any intellectual property encumbered by any Security Document except for Liens permitted hereunder or if unpermitted Liens are disclosed, the Administrative Agent shall have received each document satisfactory evidence of the release of such Liens, and (including any Uniform Commercial Code iii) the Administrative Agent shall have received duly executed financing statements)statements on Form UCC-1 and other instruments, necessary or, in the reasonable opinion of the Administrative Agent, desirable to perfect the Liens created by the Security Documents, in proper form for filing; provided that the Administrative Agent may, in the reasonable exercise of its discretion, consent to an extension of time with respect to any such document or action relating to the perfection of Liens in Collateral located in or governed by the laws of a jurisdiction other than the United States or a political subdivision thereof.

Appears in 1 contract

Samples: Credit Agreement (Moore Corporation LTD)

Lien Searches; Lien Perfection. (i) The Administrative Agent shall have received substantially all of the results of a search of Uniform Commercial CodeUCC, tax and judgment filings filings, each of a recent date, made with respect to Bermuda Holdings and its Subsidiaries in the jurisdictions set forth on Schedule 4.15(b6. 1(d)(i) with respect to which it has requested such searchhereto, together with copies of financing statements disclosed by such searches searches, and such searches shall disclose no Liens on any assets encumbered by any Security Document, Document except for Liens permitted hereunder or, if unpermitted Liens are disclosed, the Administrative Agent shall have received reasonably Table of Contents satisfactory evidence of the release of such Liens, (ii) the Administrative Agent shall have the results of intellectual property searches, and such searches shall disclose no Liens on any Intellectual Property owned by Holdings or any of its Subsidiaries and encumbered by any Security Document except for Liens permitted hereunder or, if unpermitted Liens are disclosed, the Administrative Agent shall have received satisfactory evidence of the release of such Liens and (iiiii) the Administrative Agent shall have received each document (including any Uniform Commercial Code UCC financing statements)statements in appropriate form for filing under the UCC, security agreements in appropriate form for filing with the United States Patent and Trademark Office and United States Copyright Office and such other documents as may be necessary or appropriate or, in the opinion of the Administrative Agent, desirable to perfect the Liens created created, or purported to be created, by the Security Documents, in proper form for filing; provided that the Administrative Agent may, Documents in the reasonable exercise of its discretion, consent to an extension of time with respect to any such document or action relating to the perfection of Liens in Collateral located in or governed by the laws of a jurisdiction other than the United States or a political subdivision thereofStates.

Appears in 1 contract

Samples: Credit Agreement (Language Line Services Holdings, Inc.)

Lien Searches; Lien Perfection. (i) The Administrative Agent shall have received substantially all of the results of a search of Uniform Commercial CodeUCC, tax and judgment filings filings, each of a recent date, made with respect to Bermuda Holdings and its Subsidiaries in the jurisdictions set forth on Schedule 4.15(b6. 1(d)(i) with respect to which it has requested such searchhereto, together with copies of financing statements disclosed by such searches searches, and such searches shall disclose no Liens on any assets encumbered by any Security Document, Document except for Liens permitted hereunder or, if unpermitted Liens are disclosed, the Administrative Agent shall have received reasonably satisfactory evidence of the release of such Liens, (ii) the Administrative Agent shall have the results of intellectual property searches, and such searches shall disclose no Liens on any Intellectual Property owned by Holdings or any of its Subsidiaries and encumbered by any Security Document except for Liens permitted hereunder or, if unpermitted Liens are disclosed, the Administrative Agent shall have received satisfactory evidence of the release of such Liens and (iiiii) the Administrative Agent shall have received each document (including any Uniform Commercial Code UCC financing statements)statements in appropriate form for filing under the UCC, security agreements in appropriate form for filing with the United States Patent and Trademark Office and United States Copyright Office and such other documents as may be necessary or appropriate or, in the opinion of the Administrative Agent, desirable to perfect the Liens created created, or purported to be created, by the Security Documents, in proper form for filing; provided that the Administrative Agent may, Documents in the reasonable exercise of its discretion, consent to an extension of time with respect to any such document or action relating to the perfection of Liens in Collateral located in or governed by the laws of a jurisdiction other than the United States or a political subdivision thereofStates.

Appears in 1 contract

Samples: Credit Agreement (LL Services Inc.)

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