Lien Searches; Lien Perfection. (i) The Administrative Agent shall have received the results of a search of UCC, tax and judgment filings made with respect to Borrower and its Subsidiaries in the jurisdictions set forth on Schedule 6.1(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 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 satisfactory evidence of the release of such Liens, and (iii) the Administrative Agent shall have received duly executed financing statements on Form UCC-1 and other instruments, necessary or, in the reasonable opinion of the Ad- ministrative Agent, desirable to perfect the Liens created by the Se- curity Documents.
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 the results of a search of UCC, tax and judgment filings filings, each of a recent date, made with respect to Borrower and its Subsidiaries in the jurisdictions set forth on Schedule 6.1(f)(i6.1(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 Se- curity Security Document, except for Liens permitted hereunder or, if unper- mitted unpermitted Liens are disclosed, the Administrative Agent shall have re- ceived received 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)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, Liens and (iii) the Administrative Agent shall have received duly executed financing statements on Form UCC-1 (or UCC-2, if appropriate) and other instrumentsinstruments in appropriate form for filing under the UCC, necessary or, in the reasonable opinion of the Ad- ministrative Administrative Agent, desirable to perfect the Liens created by the Se- curity Security Documents.
Appears in 2 contracts
Samples: Credit Agreement (Language Line Holdings, Inc.), Credit Agreement (Language Line Costa Rica, LLC)
Lien Searches; Lien Perfection. (i) The Administrative Agent shall have received substantially all of the results of a search of UCCUniform Commercial Code, tax and judgment filings made with respect to Borrower HubCo and its Subsidiaries in the jurisdictions set forth on Schedule 6.1(f)(i)5.15(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 Se- curity Security 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 duly executed each document (including any Uniform Commercial Code financing statements on Form UCC-1 and other instrumentsstatements), necessary or, in the reasonable opinion of the Ad- ministrative Administrative Agent, desirable to perfect the Liens created by the Se- curity 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: Second Lien Credit Agreement (Stratus Technologies Bermuda Holdings Ltd.), Second Lien 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 UCCUniform Commercial Code, tax and judgment filings made with respect to Borrower Bermuda Holdings and its Subsidiaries in the jurisdictions set forth on Schedule 6.1(f)(i)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 Se- curity Security 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 duly executed each document (including any Uniform Commercial Code financing statements on Form UCC-1 and other instrumentsstatements), necessary or, in the reasonable opinion of the Ad- ministrative Administrative Agent, desirable to perfect the Liens created by the Se- curity 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: Revolving Credit Agreement (Stratus Technologies Bermuda Holdings Ltd.), Revolving Credit Agreement (Stratus Technologies Bermuda Holdings Ltd.)
Lien Searches; Lien Perfection. (i) The Administrative Agent shall have received the results of a search of UCC, tax and judgment filings filings, each of a recent date, made with respect to the System, Borrower and its Subsidiaries in the jurisdictions set forth on Schedule 6.1(f)(i6.1(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 Se- curity Security Document, except for Liens permitted hereunder or, if unper- mitted unpermitted Liens are disclosed, the Administrative Agent shall have re- ceived received 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)(ii6.1(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, Liens and (iii) the Administrative Agent shall have received duly executed financing statements on Form UCC-1 (or UCC-2, if appropriate) and other instrumentsinstruments in appropriate form for filing under the UCC, necessary or, in the reasonable opinion of the Ad- ministrative Administrative Agent, desirable to perfect the Liens created by the Se- curity Security Documents.
Appears in 1 contract
Samples: Credit Agreement (Atlantic Broadband Management, LLC)
Lien Searches; Lien Perfection. (i) The Administrative Agent shall have received the results of a search of UCC, tax and judgment filings made with respect to Borrower each Credit Party and its Subsidiaries in the jurisdictions set forth on Schedule 6.1(f)(i)acceptable to the 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 Se- curity Security Document, except for Liens permitted hereunder or, if unper- mitted unpermitted Liens are disclosed, the Administrative Agent shall have re- ceived received satisfactory evidence of the release of such Liens, (ii) the Administrative Agent shall have the results of intellectual property Intellectual Property searches with respect to all material Intellectual Property (which material Intellectual Property is described on Schedule 6.1(f)(iiSchedules 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 satisfactory evidence of the release of such Liens, and (iii) the Administrative Agent shall have received duly executed financing statements on Form UCC-1 and other instruments, necessary or, in the reasonable opinion of the Ad- ministrative Administrative Agent, desirable to perfect the Liens created by the Se- curity Security Documents.
Appears in 1 contract
Lien Searches; Lien Perfection. (i) The Administrative Agent shall have received the results of a search of UCC, tax and judgment filings filings, each of a recent date, made with respect to Borrower the G-Force System and its Subsidiaries Atlantic Broadband (SC), LLC in the jurisdictions set forth on Schedule 6.1(f)(i)6.3(c)(i) to the 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 Se- curity Security Document, except for Liens permitted hereunder or, if unper- mitted unpermitted Liens are disclosed, the Administrative Agent shall have re- ceived received 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)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, Liens and (iii) the Administrative Agent shall have received duly executed financing statements on Form UCC-1 (or UCC-2, if appropriate) and other instrumentsinstruments in appropriate form for filing under the UCC, necessary or, in the reasonable opinion of the Ad- ministrative Administrative Agent, desirable to perfect the Liens created by the Se- curity Security Documents.
Appears in 1 contract