Maintenance of Lien; Recording Sample Clauses

Maintenance of Lien; Recording. (a) The Company will, at its expense, take all necessary action to maintain and preserve the Lien of this Indenture and each Mortgage so long as any principal of or interest on any Notes is outstanding. (b) The Company will, forthwith after the execution and delivery of this Indenture and each Mortgage and thereafter from time to time, cause this Indenture and each Mortgage and Assignment and any related financing statements to be filed, registered and recorded in such manner and in such places as may be required by law in order to publish notice of and fully to protect the Lien thereof and of each Mortgage in respect of, upon, and the interest of the Trustee in, the Mortgaged Property; and the Company will cause any continuation statements required by applicable law in respect of each Mortgage to be timely filed at the expense of the Company in such manner and in such places as may be required by law in order to fully preserve and protect the rights of the holders of the Notes. From time to time the Company will perform or cause to be performed any other act as provided by law and will execute or cause to be executed any and all further instruments that may be required by law or requested by the Trustee for such protection. To the extent permitted by applicable law, the Company will pay or cause to be paid all filing, registration and recording taxes and fees incident to such filing, registration and recording, and all expenses incident to the preparation, execution and acknowledgment of this Indenture and each Mortgage and Assignment, and of any instrument of further assurance, and all federal or state stamp taxes and other taxes, duties, imposts, assessments and charges arising out of or in connection with the execution and delivery of this Indenture and each Mortgage and Assignment and such instrument of further assurance.
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Maintenance of Lien; Recording. (a) The Debtors will, at its own expense, take all actions requested by the Secured Party to maintain and preserve the lien of this Security Agreement so long as any Obligations are outstanding. (b) The Debtors will, forthwith, upon the execution and delivery of this Security Agreement and thereafter from time to time, cause this Security Agreement and all required financing statements to be filed, registered and recorded in such manner and in such places as shall be necessary or as the Secured Party may reasonably request, in order to publish notice of and fully protect the lien thereof as it relates to the Collateral, and in order to continue such protection, refile, reregister and rerecord whenever necessary, and from time to time upon the reasonable request of the Secured Party will perform or cause to be performed any other act as provided by law and will execute or cause to be executed any and all further instruments for such publication and protection. To the extent permitted by applicable law, the Debtors will pay or cause to be paid all filing, registration and recording taxes and fees incident to such filing, registration and recording, any federal or state stamp taxes and other taxes, duties, imposts, assessments and charges arising out of or in connection with the execution and delivery of this Security Agreement and all required financing statements and each such instrument of further assurance. Without limiting the foregoing, the Debtors hereby authorize the Secured Party to file one or more financing or continuation statements, and amendments thereto, relative to all or any part of the Collateral without the signature of the Debtors where permitted by law. A carbon, photographic or other reproduction of this Agreement or any financing statement covering the
Maintenance of Lien; Recording. (a) Subject to Section 9.8(b), each Obligor will, at its expense, take or cause to be taken all action (including the execution and delivery of any Account Control Agreement(s)) required to maintain and preserve the perfection and first priority of the Lien (subject to Permitted Liens) on the Collateral granted under any of the Security Documents (including without limitation filing all UCC continuation statements in the appropriate jurisdictions), so long as any of the Secured Obligations are outstanding (other than contingent indemnification and reimbursement obligations in respect of which no claim for payment or other assertion has been made by the Person entitled thereto). (b) The Obligors will not be required to file or record the Omnibus Collateral Assignment of Leases and Rents or any other Security Document (including any Mortgages) in the relevant, local real estate records where the Projects Sites are located unless and until a Debt Service Trigger Event has occurred or an Event of Default has occurred and is continuing.
Maintenance of Lien; Recording. (a) The Obligors will, at their expense, take all necessary action to maintain and preserve the Lien of this Indenture and of the Pledge Agreements and the Mortgages so long as any Notes are outstanding. (b) The Obligors will, forthwith after the execution and delivery of this Indenture, each Pledge Agreement and each and every Mortgage and thereafter from time to time, cause this Indenture, each Pledge Agreement, each Mortgage and financing statements to be filed, registered and recorded in such manner and in such places as may be required by law in order to publish notice of and fully to protect the Lien hereof and of each Pledge Agreement and each Mortgage in respect of, upon, and the title of the Trustees to, the Trust Estate; and from time to time will perform or cause to be performed any other act as provided by law and will execute or cause to be executed any and all further instruments, continuation statements and similar statements that may be requested by the Trustees or either of them for such publication and protection the Obligors will, within 10 days after any such filing, registering, recording or other act and in any event not less than 10 days prior to the lapse of the perfection of any security interest granted under this Indenture, any Pledge Agreement or any Mortgage, furnish the Trustees with an Opinion of Counsel as to the adequacy and recitals the details of such filing, reentering, recording or other act and as to the perfection of any security interest effected by such filing, registering, recording or other act and specifying any rerecording or refiling required to be effected in the future with respect to this Indenture, the Pledge Agreements, such Mortgage or financing statement. To the extent permitted by applicable lair, the Obligors will pay or cause to be paid all filing, registration and recording taxes and fees incident to such filing registration and recording, and all expenses incident to the preparation, execution and acknowledgment of this Indenture, each Pledge Agreement, each Mortgage and each financing statement, and of any instrument of further assurance, and all Federal or state stamp taxes and other taxes, duties, imposts, assessments and charges arising out of or in connection with the execution and delivery of this Indenture, each Pledge Agreement, each Mortgage and each financing statement and such instrument of further assurance.

Related to Maintenance of Lien; Recording

  • Maintenance of Liens Each Borrower shall perform all such acts and execute all such documents as Administrative Agent may reasonably request in order to enable Administrative Agent and the Lenders to file and record every instrument that Administrative Agent may reasonably deem necessary in order to perfect and maintain Administrative Agent’s first priority Liens on the Collateral (subject to Permitted Liens).

  • Maintenance of Listing The Company will use commercially reasonable efforts to effect and maintain the listing of (x) the Units and Warrants on the NYSE (or another national securities exchange) until the consummation of the Business Combination or until such earlier time at which the Liquidation occurs, and (y) the Common Stock on the NYSE (or another national securities exchange) until five years from the date of the consummation of the Business Combination or until such earlier time at which Liquidation occurs.

  • Maintenance of Liquidity Seller shall ensure that it has cash and Cash Equivalents (excluding Restricted Cash or cash pledged to Persons other than Buyer), in an amount not less than $40,000,000.

  • Maintenance of Collateral Borrower will maintain the Collateral in good working condition, and Borrower will not use the Collateral for any unlawful purpose. Borrower will immediately advise Silicon in writing of any material loss or damage to the Collateral.

  • Maintenance of Licenses The Owner Trustee will obtain and maintain any licenses that the Administrator informs the Owner Trustee are required to be obtained or maintained by the Owner Trustee under the laws of any State in connection with the Owner Trustee’s duties and obligations under the Transaction Documents.

  • Maintenance of Records by Lenders Each Lender shall maintain in accordance with its usual practice records evidencing the indebtedness of the Borrower to such Lender resulting from each Loan made by such Lender, including the amounts and Currency of principal and interest payable and paid to such Lender from time to time hereunder.

  • Maintenance of Mortgaged Property Borrower shall cause the Mortgaged Property to be maintained in a good and safe condition and repair, subject to wear and tear and damage caused by casualty or condemnation. The Improvements and the Equipment shall not be removed, demolished or altered (except for (1) normal replacement of the Equipment, (2) Improvements contemplated in an approved Operating Budget or pursuant to Leases in effect from time to time, (3) removals, demolition or alterations that do not cost more than 1% of the Principal Indebtedness or (4) an emergency which the Borrower shall have notified the Lender of in writing, including the action taken to remediate) without the consent of Lender which consent shall not be unreasonably withheld or delayed. Except with respect to an Insured Casualty which shall be governed by the terms and conditions provided herein, Borrower shall, or shall cause any tenants obligated under their respective Leases to, promptly repair, replace or rebuild any part of the Mortgaged Property that becomes damaged, worn or dilapidated. Borrower shall complete and pay for any structure at any time in the process of construction or repair on the Land. Borrower shall not initiate, join in, or consent to any change in any private restrictive covenant, zoning law or other public or private restriction, limiting or defining the uses which may be made of any Mortgaged Property or any part thereof without the written consent of Lender, which consent shall not be unreasonably withheld or delayed. If under applicable zoning provisions the use of all or any portion of the Mortgaged Property is or shall become a nonconforming use, Borrower will not cause or permit such nonconforming use to be discontinued or abandoned if such discontinuance of abandonment would cause such nonconforming use to no longer be permitted without the express written consent of Lender, which consent shall not be unreasonably withheld or delayed. Borrower shall not (i) change the use of any of the Land or Improvements in any material respect, (ii) permit or suffer to occur any waste on or to any Mortgaged Property or to any portion thereof or (iii) take any steps whatsoever to convert any Mortgaged Property, or any portion thereof, to a condominium or cooperative form of management.

  • Existence of Liens The Company shall not, and the Company shall cause each of its Subsidiaries to not, directly or indirectly, allow or suffer to exist any mortgage, lien, pledge, charge, security interest, deed of trust, or other encumbrance upon or in any property or assets (including accounts and contract rights) owned by the Company or any of its Subsidiaries (collectively, “Liens”) other than Permitted Liens.

  • Maintenance of Mortgage Impairment Insurance In the event that the Company shall obtain and maintain a blanket policy insuring against losses arising from fire and hazards covered under extended coverage on all of the Mortgage Loans, then, to the extent such policy provides coverage in an amount equal to the amount required pursuant to Section 4.10 and otherwise complies with all other requirements of Section 4.10, it shall conclusively be deemed to have satisfied its obligations as set forth in Section 4.10. Any amounts collected by the Company under any such policy relating to a Mortgage Loan shall be deposited in the Custodial Account subject to withdrawal pursuant to Section 4.05. Such policy may contain a deductible clause, in which case, in the event that there shall not have been maintained on the related Mortgaged Property a policy complying with Section 4.10, and there shall have been a loss which would have been covered by such policy, the Company shall deposit in the Custodial Account at the time of such loss the amount not otherwise payable under the blanket policy because of such deductible clause, such amount to deposited from the Company's funds, without reimbursement therefor. Upon request of any Purchaser, the Company shall cause to be delivered to such Purchaser a certified true copy of such policy and a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without 30 days' prior written notice to such Purchaser.

  • Maintenance of Properties, Etc Maintain and preserve, and cause each of its Subsidiaries to maintain and preserve, all of its properties that are used or useful in the conduct of its business in good working order and condition, ordinary wear and tear excepted.

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