Common use of Maintenance of Security Interests Clause in Contracts

Maintenance of Security Interests. Each Borrower will: (a) at its own cost, do all that it reasonably can to ensure that any Finance Document and the Master Agreement validly creates the obligations and the Security Interests which it purports to create; and (b) without limiting the generality of paragraph (a), at its own cost, promptly register, file, record or enrol any Finance Document or the Master Agreement with any court or authority in all Pertinent Jurisdictions, pay any stamp, registration or similar tax in all Pertinent Jurisdictions in respect of any Finance Document or the Master Agreement, give any notice or take any other step which, in the opinion of the Majority Lenders, is or has become necessary or desirable for any Finance Document or the Master Agreement to be valid, enforceable or admissible in evidence or to ensure or protect the priority of any Security Interest which it creates.

Maintenance of Security Interests. Each The Borrower will: (a) at its own cost, do all that it reasonably can and procure that each Owner does all that it reasonably can to ensure that any Finance Document and the Master Agreement validly creates the obligations and the Security Interests which it purports to create; and (b) without limiting the generality of paragraph (a), at its own cost, promptly register, file, record or enrol any Finance Document or the Master Agreement with any court or authority in all Pertinent Jurisdictions, pay any stamp, registration or similar tax in all Pertinent Jurisdictions in respect of any Finance Document or the Master AgreementDocument, give any notice or take any other step which, in the opinion of the Majority Lenders, is or has become necessary or desirable for any Finance Document or the Master Agreement to be valid, enforceable or admissible in evidence or to ensure or protect the priority of any Security Interest which it creates.

Maintenance of Security Interests. Each The Borrower will: (a) at its own cost, do all that it reasonably can to ensure that any Finance Document and the Master Agreement to which it is a party validly creates the obligations and the Security Interests which it purports to create; and (b) without limiting the generality of paragraph (a), at its own cost, promptly register, file, record or enrol any Finance Document or the Master Agreement to which it is a party with any court or authority in all Pertinent Jurisdictions, pay any stamp, registration or similar tax in all Pertinent Jurisdictions in respect of any Finance Document or the Master AgreementDocument, give any notice or take any other step which, in the opinion of the Majority Lenders, is or has become necessary or desirable for any Finance Document or the Master Agreement to which it is a party to be valid, enforceable or admissible in evidence or to ensure or protect the priority of any Security Interest which it creates.

Maintenance of Security Interests. Each Borrower will: (a) at its own cost, do all that it reasonably can to ensure that any Finance Document and the Master Agreement validly creates the obligations and the Security Interests which it purports to create; and (b) without limiting the generality of paragraph (a), at its own cost, promptly register, file, record or enrol any Finance Document or the Master Agreement with any court or authority in all Pertinent JurisdictionsJurisdictions or such other jurisdiction which the Agent may require, pay any stamp, registration or similar tax in all Pertinent Jurisdictions in respect of any Finance Document or the Master AgreementDocument, give any notice or take any other step which, in the opinion of the Majority Lenders, is or has or may become necessary or desirable for any Finance Document or the Master Agreement to be valid, enforceable or admissible in evidence or to ensure or protect the priority of any Security Interest which it creates.

Maintenance of Security Interests. Each The Borrower will, and shall procure that the Owner shall: (a) at its own cost, do all that it reasonably can to ensure that any Finance Document and the Master Agreement validly creates the obligations and the Security Interests which it purports to create; and (b) without limiting the generality of paragraph (a)) above, at its own cost, promptly register, file, record or enrol any Finance Document or the Master Agreement with any court or authority in all Pertinent Jurisdictions, pay any stamp, registration or similar tax in all Pertinent Jurisdictions in respect of any Finance Document or the Master AgreementDocument, give any notice or take any other step which, in the opinion of the Majority Lenders, is or has become necessary or desirable for any Finance Document or the Master Agreement to be valid, enforceable or admissible in evidence or to ensure or protect the priority of any Security Interest which it creates.

Maintenance of Security Interests. Each The Borrower will: (a) at its own cost, do all that it reasonably can to ensure that any Finance Document and the each Master Agreement validly creates the obligations and the Security Interests which it purports to create; and (b) without limiting the generality of paragraph (a), at its own cost, promptly register, file, record or enrol any Finance Document or the and any Master Agreement (if applicable) with any court or authority in all Pertinent Jurisdictions, pay any stamp, registration or similar tax in all Pertinent Jurisdictions in respect of any Finance Document or the Master AgreementDocument, give any notice or take any other step which, in the opinion of the Majority Lenders, is or has become necessary or desirable for any Finance Document or the Master Agreement to be valid, enforceable or admissible in evidence or to ensure or protect the priority of any Security Interest which it creates.

Maintenance of Security Interests. Each The Borrower will: (a) at its own cost, do all that it reasonably can to ensure that any Finance Document and the each Master Agreement validly creates the obligations and the Security Interests which it purports to create; and (b) without limiting the generality of paragraph (a), at its own cost, promptly register, file, record or enrol any Finance Document or the and any Master Agreement (if applicable) with any court or authority in all Pertinent Jurisdictions, pay any stamp, registration or similar tax in all Pertinent Jurisdictions in respect of any Finance Document or the Master AgreementDocument, give any notice or take any other step which, in the opinion of the Majority Lenders, is or has become necessary or desirable for any Finance Document or the Master Agreement to be valid, enforceable or admissible in evidence or to ensure or protect the priority of any Security Interest which it creates.

Maintenance of Security Interests. Each Borrower will: (a) at its own cost, do all that it reasonably can to ensure that any Finance Document and the each Master Agreement validly creates the obligations and the Security Interests which it purports to create; and (b) without limiting the generality of paragraph (a), at its own cost, promptly register, file, record or enrol any Finance Document or the and any Master Agreement (if applicable) with any court or authority in all Pertinent Jurisdictions, pay any stamp, registration or similar tax in all Pertinent Jurisdictions in respect of any Finance Document or the Master AgreementDocument, give any notice or take any other step which, in the opinion of the Majority Lenders, is or has become necessary or desirable for any Finance Document or the Master Agreement to be valid, enforceable or admissible in evidence or to ensure or protect the priority of any Security Interest which it creates.

Maintenance of Security Interests. Each Borrower will: (a) a. at its own cost, do all that it reasonably can to ensure that any Finance Document and the each Master Agreement validly creates the obligations and the Security Interests which it purports to create; and (b) b. without limiting the generality of paragraph (a), at its own cost, promptly register, file, record or enrol any Finance Document or the and any Master Agreement (if applicable) with any court or authority in all Pertinent Jurisdictions, pay any stamp, registration or similar tax in all Pertinent Jurisdictions in respect of any Finance Document or the Master AgreementDocument, give any notice or take any other step which, in the opinion of the Majority Lenders, is or has become necessary or desirable for any Finance Document or the Master Agreement to be valid, enforceable or admissible in evidence or to ensure or protect the priority of any Security Interest which it creates.