Liens on Non-Collateral Assets. In the event of the incurrence of Debt and the granting of a Lien pursuant to Section 6.02(a)(vi) hereof, grant, and cause each of its Subsidiaries to, grant the Co-Collateral Agents, as security for the Obligations, a Lien on the assets of Holdings or any of its Subsidiaries which is the subject of the Lien of the Person holding such Debt (to the extent that such assets do not then constitute Collateral) pursuant to Section 6.02(a)(vi) hereof.
Appears in 5 contracts
Samples: Guarantee and Collateral Agreement (Sears Holdings Corp), Credit Agreement (Sears Holdings Corp), Intercreditor Agreement (Sears Holdings Corp)
Liens on Non-Collateral Assets. In the event of the incurrence of Debt and the granting of a Lien pursuant to Section 6.02(a)(vi) hereof, grant, and cause each of its Subsidiaries to, grant the Co-Collateral AgentsAgent, as security for the Obligations, a Lien on the assets of Holdings or any of its Subsidiaries which is the subject of the Lien of the Person holding such Debt (to the extent that such assets do not then constitute Collateral) pursuant to Section 6.02(a)(vi) hereof.
Appears in 4 contracts
Samples: Joinder Agreement (Sears Holdings Corp), Joinder Agreement (Sears Holdings Corp), Joinder Agreement (Sears Holdings Corp)
Liens on Non-Collateral Assets. In the event of the incurrence of Debt and the granting of a Lien pursuant to Section 6.02(a)(vi5.02(a)(vi) hereof, grant, and cause each of its Subsidiaries to, grant the Co-Collateral AgentsAgent, as security for the Obligations, a Lien on the assets of Holdings the Borrower or any of its Subsidiaries which is the subject of the Lien of the Person holding such Debt (to the extent that such assets do not then constitute Collateral) pursuant to Section 6.02(a)(vi5.02(a)(vi) hereof.
Appears in 1 contract
Samples: Credit Agreement (Sears Canada Inc.)
Liens on Non-Collateral Assets. In the event of the incurrence of Debt and the granting of a Lien pursuant to Section 6.02(a)(vi) hereof, grant, and cause each of its Subsidiaries to, grant the Co-Collateral AgentsAgent, as security for the Obligations, a Lien on the assets of Holdings the Borrower or any of its Subsidiaries which is the subject of the Lien of the Person holding such Debt (to the extent that such assets do not then constitute Collateral) pursuant to Section 6.02(a)(vi) hereof.
Appears in 1 contract
Samples: Credit Agreement (Sears Canada Inc.)
