Common use of Liens in the Collateral Clause in Contracts

Liens in the Collateral. The Liens in the Collateral granted to the Administrative Agent for the benefit of the Lenders pursuant to the Patent, Trademark and Copyright Security Agreement, the Bank Account Pledge Agreement, the Pledge Agreement and the Security Agreement and each of the Security Agreements delivered by a Guarantor (collectively, the "Collateral Documents") constitute and will continue to constitute Prior Security Interests. All filing fees and other expenses in connection with the perfection of such Liens have been or will be paid by the Borrower.

Appears in 1 contract

Samples: Credit Agreement (Pegasystems Inc)

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Liens in the Collateral. The Liens in the Collateral granted to the Administrative Agent for the benefit of the Lenders pursuant to the Collateral Assignments, the Patent, Trademark and Copyright Security Agreement, the Bank Account Pledge Agreements, the Security Agreement, the Pledge Agreement Lease Assignment and the Security Agreement and each of the Security Agreements delivered by a Guarantor Mortgage (collectively, the "Collateral Documents") constitute and will continue to constitute Prior Security Interests. All filing fees and other expenses in connection with the perfection of such Liens have been or will be paid by the BorrowerBorrowers.

Appears in 1 contract

Samples: Credit Agreement (Universal Stainless & Alloy Products Inc)

Liens in the Collateral. The Liens in the Collateral granted to the Administrative Agent for the benefit of the Lenders pursuant to the Collateral Assignment of Contract Rights, the Patent, Trademark and Copyright Security Agreement, the Bank Account Pledge Agreement, the Pledge Agreement Agreements and the Security Agreement and each of the Security Agreements delivered by a Guarantor (collectively, the "Collateral Documents") constitute and will continue to constitute Prior Security Interests. All filing fees and other expenses in connection with the perfection of such Liens have been or will be paid by the Borrower.

Appears in 1 contract

Samples: Credit Agreement (Om Group Inc)

Liens in the Collateral. The Liens in the Collateral granted to the Administrative Agent for the benefit of the Lenders pursuant to the Patent, Trademark and Copyright Security Agreement, the Bank Account Pledge Agreement, the Pledge Agreement and the Security Agreement and each of the Security Agreements delivered by a Guarantor (collectively, the "Collateral Documents") constitute and will continue to constitute Prior Security Interestsfirst priority perfected Liens. All filing fees and other expenses in connection with the perfection of such Liens have been or will be paid by the Borrower.

Appears in 1 contract

Samples: Credit Agreement (Kansas City Power & Light Co)

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Liens in the Collateral. The Liens in the Collateral granted to the Administrative Agent for the benefit of the Lenders pursuant to the Patent, Trademark and Copyright Security Agreement, the Bank Account Pledge Agreement, the Pledge Agreement Security Agreement, the Mortgage, and the UK Security Agreement and each of the Security Agreements delivered by a Guarantor (collectively, the "Collateral Documents") Documents constitute and will continue to constitute Prior Security Interests. All filing fees and other expenses in connection with the perfection of such Liens have been or will be paid by the Borrower.

Appears in 1 contract

Samples: Credit Agreement (Sl Industries Inc)

Liens in the Collateral. The Liens in the Collateral granted to the Administrative Agent for the benefit of the Lenders pursuant to the Patent, Trademark and Copyright Security AgreementAgreements, the Bank Account Pledge Agreement, the Pledge Agreement and the Security Agreement and each of the Security Agreements delivered by a Guarantor (collectively, the "Collateral Documents") constitute and will continue to constitute Prior Security Interests. All filing fees and other expenses in connection with the perfection of such Liens have been or will be paid by the BorrowerBorrowers.

Appears in 1 contract

Samples: Credit Agreement (Johnson Outdoors Inc)

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