Maintenance and Preservation of Liens. The Credit Parties will (subject to Section 6.02 hereof) take or cause to be taken all action required to maintain, preserve and protect the Liens on the Collateral granted by the Security Documents, including causing any Security Document, instruments of further assurance and all amendments or supplements thereto, to be promptly recorded, registered and filed and at all times (except as otherwise permitted to be released pursuant to this Indenture or applicable Security Documents) to be kept recorded, registered and filed, and will execute and file statements and cause to be issued and filed statements, all in such manner and in such places and at such times as are prescribed in the Security Documents or in this Indenture and as may be required by law to fully preserve and protect the rights of the Holders and the Trustee under this Indenture and the Security Documents to the Collateral. In that connection, it is understood and agreed that:
Maintenance and Preservation of Liens. The Debtor Parties will take or cause to be taken all action required to maintain, preserve and protect the Liens on the Collateral granted by this Indenture and the Security Documents, including causing any Security Document, instruments of further assurance and all amendments or supplements thereto, to be promptly recorded, registered and filed and at all times to be kept recorded, registered and filed, and will execute and file statements and cause to be issued and filed statements, all in such manner and in such places and at such times as are prescribed in the Security Documents or in this Indenture and as may be required by law fully to preserve and protect the rights of the Holders and the Trustee under this Indenture and the Security Documents to the Collateral. Without limiting the generality of the foregoing, if after the Issue Date the Company or any of its Subsidiaries shall create, incur, assume or otherwise cause or suffer to exist or become effective any Lien of any kind upon any of its property securing the Working Capital Facility, the Company shall, or shall cause its Subsidiary to, as the case may be, (i) execute and file, as applicable, any and all further Security Documents and other instruments required under applicable law, upon substantially the same terms as the security documents securing the Working Capital Facility, as shall be necessary to effectuate a second-priority Lien upon such property for the benefit of the Holders, unless such second-priority Lien cannot be effectuated under applicable law and (ii) deliver an Opinion of Counsel reasonably satisfactory to the Trustee that such Security Documents are valid, binding and enforceable obligations, it being understood that in no event will the Working Capital Facility be entitled to the benefit of any Liens on the assets of, or Equity Interests in, GCUK, Global Marine or their respective Subsidiaries.
