Maintenance of Perfected Security Interest Further Documentation and Consents. (a) No Grantor shall (i) use or permit any Collateral to be used unlawfully or in violation of any provision of any Loan Document, any Related Document, any requirement of Law or any policy of insurance covering the Collateral or (ii) enter into any Contractual Obligation or undertaking restricting the right or ability of such Grantor or the Collateral Agent to transfer any Collateral if such restriction would reasonably be expected to have a Material Adverse Effect.
(b) Such Grantor shall maintain the security interest created by this Agreement as a perfected security interest and, if reasonably requested by the Collateral Agent, shall defend such security interest and such priority against the claims and demands of all Persons.
(c) Such Grantor shall furnish to the Collateral Agent from time to time statements and schedules further identifying and describing the Collateral and such other documents in connection with the Collateral as the Collateral Agent may reasonably request, all in reasonable detail and in form and substance reasonably satisfactory to the Collateral Agent.
(d) At any time and from time to time, upon the written request of the Collateral Agent, such Grantor shall, for the purpose of obtaining or preserving the full benefits of this Agreement and of the rights and powers herein granted, (i) promptly and duly execute and deliver, and have recorded, such further documents, including an authorization to file (or, as applicable, the filing) of any financing statement or amendment under the UCC (or other filings under similar requirements of Law) in effect in any jurisdiction with respect to the security interest created hereby and (ii) take such further action as the Collateral Agent may reasonably request, including using its commercially reasonable efforts to secure all approvals necessary or appropriate for the assignment to or for the benefit of the Collateral Agent of any Contractual Obligation held by such Grantor and to enforce the security interests granted hereunder.
(e) To ensure that any of the Excluded Assets set forth in clauses (iii)(B) and (C) of the proviso of Section 3.1 becomes part of the Collateral, such Grantor shall use its commercially reasonable efforts to obtain any required consents from any Person (other than the Loan Parties and their Affiliates, whose consent shall be required) with respect to any Permit or any Contractual Obligation with such Person entered into by such Grantor that requires such consent as a c...
Maintenance of Perfected Security Interest Further Documentation and Consents. (a) [Reserved].
(b) Such Grantor shall (i) maintain the security interest in the Collateral created by this Agreement as a perfected security interest having at least the priority described in Section 4.2 and (ii) shall use commercially reasonable efforts to defend such security interest and such priority against the claims and demands of all Persons.
Maintenance of Perfected Security Interest Further Documentation and Consents. It shall not use or permit any Collateral to be used unlawfully or in material violation of any provision of any Loan Document, any Project Document, any requirements of Law or any policy of insurance covering the Collateral.
Maintenance of Perfected Security Interest Further Documentation and Consents. 15 Section 5.2Changes in Locations, Name, Etc. 16 Section 5.3Pledged Collateral. 17 Section 5.4Accounts. 17 Section 5.5Commodity Contracts. 18
Maintenance of Perfected Security Interest Further Documentation and Consents. Except as otherwise (x) mutually agreed in writing between Borrower and the Collateral Agent not to be required under this Agreement or the other Loan Documents, (y) mutually agreed in writing between Borrower and the Collateral Agent to be effected solely by filings of financing statements under the Code or amendments thereto to be made by the Collateral Agent or any Lender or its Related Party pursuant to Section 7.2, or (z) as otherwise expressly provided in Sections 5.11, 5.12 or 5.14 of the Loan Agreement, as applicable, such Grantor, in order to grant and maintain a security interest to the Collateral Agent pursuant to this Agreement which constitutes a valid and continuing first priority perfected security interest as described in Section 4.2 (subject only to Permitted Liens), shall promptly: (i) after the creation or acquisition of any deposit account over which a Control Agreement is required pursuant to Section 5.5 of the Loan Agreement, execute and deliver to the Collateral Agent, for the benefit of Lenders and other Secured Parties, in accordance with Section 5.5 of the Loan Agreement, Control Agreements in form and substance reasonably satisfactory to the Collateral Agent;
Maintenance of Perfected Security Interest Further Documentation and Consents. 9 Section 5.2. Pledged Collateral 9 Section 5.3. Accounts 10
Maintenance of Perfected Security Interest Further Documentation and Consents. (a) Pledgor shall maintain the security interest created by this Agreement as a perfected security interest having at least the priority described in Section 4.10 and shall defend such security interest and such priority against the claims and demands of all Persons other than any Person having a claim under a Permitted Lien.
(b) Pledgor hereby represents and warrants that the Pledged Ownership Interests are, and will at all times be, securities within the meaning of Section 8-102(a)(15) of the UCC as in effect in the State of New York.
(c) Pledgor shall (i) furnish to the Collateral Agent at such times as the Collateral Agent may reasonably request, statements and schedules further identifying and describing the Collateral and such other documents in connection with the Collateral as the Collateral Agent may reasonably request, including, in respect of Pledged Ownership Interests created after the Funding Date, (ii) cause the Issuer to annotate and record the pledge of such Pledged Ownership Interests in its stock registry, (iii) deliver to the Collateral Agent the original share certificate representing such Pledged Ownership Interests and an undated stock power and
Maintenance of Perfected Security Interest Further Documentation and Consents. (a) Such Grantor shall (i) not use or permit any Collateral to be used unlawfully or in violation of any provision of any Transaction Document, any Regulation or any policy of insurance covering the Collateral and (ii) not enter into any agreement, obligation or undertaking restricting the right or ability of such Grantor or the Purchaser Agent to enter into an Asset Sale, if such restriction would have a Material Adverse Effect.
Maintenance of Perfected Security Interest Further Documentation and Consents. (a) Such Grantor shall use commercially reasonable efforts to defend such security interest and such priority against the claims and demands of all Persons.
(b) Such Grantor will notify the Collateral Agent within 30 days of (i) any change in its name or organizational form, (ii) any change in its location (determined as provided in UCC Section 9-307) or (iii) its becoming bound, as provided in UCC Section 9-203(d) or otherwise, by a security agreement entered into by another Person, and such Grantor shall take all steps necessary to maintain the validity and perfection of the Liens in the Collateral of such Grantor to the extent required hereunder.
(c) At any time and from time to time, such Grantor shall, for the purpose of obtaining or preserving the full benefits of this Agreement and of the rights and powers herein granted, (i) promptly and duly execute and deliver, and have recorded, such documents, including an authorization to file (or, as applicable, the filing) of any financing statement or amendment under the UCC (or other filings under similar Requirements of Law) in effect in any jurisdiction with respect to the security interest created hereby and (ii) only to the extent required hereunder or under any Credit Document, (A) take such further action as Collateral Agent may reasonably request and (B) execute and deliver any Control Agreements with respect to deposit accounts and securities accounts, other than Excluded Accounts.
Maintenance of Perfected Security Interest Further Documentation and Consents. (a) The Guarantor shall not enter into any contractual obligation or undertaking restricting the right or ability of the Guarantor or the Administrative Agent to sell, assign, or transfer the Collateral except pursuant to the Credit Documents.
(b) The Guarantor shall (i) maintain the security interest created by this Agreement, (ii) maintain the perfection of such security interest, (iii) maintain (for so long as the Administrative Agent maintains possession of the Note) at least the priority described in Section 4.2 and (iv) defend such security interest and such priority against the claims and demands of all Persons.
(c) At any time and from time to time, upon the written request of the Administrative Agent, the Guarantor shall, for the purpose of obtaining or preserving the full benefits of this Agreement and of the rights and powers herein granted, (i) promptly and duly execute and deliver, and have recorded, such further documents, including an authorization to file (or, as applicable, the filing of) any financing statement or amendment under the UCC (or other filings under similar law) in effect in any jurisdiction with respect to the security interest created hereby and (ii) take such further action as the Administrative Agent may reasonably request.
