Mexican Security Documents Sample Clauses

Mexican Security Documents. (i) Each Mexican Security Document is effective to create in favor of Agent, for the benefit of the Foreign Facility Secured Parties, a legal, valid and enforceable security interest in the “Pledged Assets (Bienes Pignorados)” (as defined in the corresponding Mexican Security Document). (ii) When each Mexican Security Document has been filed in the RUG and IMPI, if applicable, the security interest created therein will constitute a perfected security interest in all right, title and interest of the grantors thereunder in the Collateral described therein, including but not limited to Equipment, Inventory and Intellectual Property in which a security interest may be perfected by filing, recording or registering a security agreement, in the RUG and IMPI, as applicable, in each case prior and superior in right to any other Person. Each provision of this Section 9.1.17 shall be subject to any applicable limitation set forth in the applicable Security Documents.

Mexican Security Documents. The Mexican Mortgages, when duly executed and delivered by each of the Borrowers party thereto will be effective to create in favor of the Mexican Collateral Agent, for the ratable benefit of the Lenders, a legal, valid and enforceable security interest in all the Collateral described therein and will, when duly notarized and recorded, grant a legal, valid and enforceable security interest in all the Collateral described therein and shall constitute fully perfected, first priority liens, subject to applicable law and Permitted Liens, on, and security interests in, all right, title and interest of each of the Borrowers party thereto in the Collateral described therein superior in right to any other Person.

Mexican Security Documents. Within 30 days after the Closing Date (or such extended period of time as agreed to by the Administrative Agent), the Administrative Agent shall have received (i) a Joinder Agreement and the Mexican Security Documents, in each case executed by the Mexican Subsidiary, and (ii) such corporate documents and certificates, opinion of counsel and other documents (including, without limitation, one or more certificates evidencing the outstanding Capital Stock of the Mexican Subsidiary to the extent available and obtainable) as the Administrative Agent may reasonably request in connection with the foregoing.

Mexican Security Documents. Collectively, the Mexican Security Agreement, -------------------------- the Mexican Stock Pledge Agreement and all other instruments and documents, required to be executed or delivered pursuant to any Mexican Security Document.

Mexican Security Documents. 61 7.38 Prepetition Claims.................................................................61 7.39 Obligations under Real Estate Leases, Equipment Leases and Licenses................61 7.40 Applications to Bankruptcy Court and Canadian Bankruptcy Court.....................62 7.41 Notices............................................................................62 7.42 Term Loan B Documents..............................................................62 7.43

Mexican Security Documents. Execution and delivery to Administrative Agent of the Mexican Security Documents and the taking of all such other actions under the laws of Mexico that may be necessary or, in the opinion of Administrative Agent, desirable in order to create in favor of Administrative Agent, for the benefit of Lenders, a valid and (upon such filing and recording) perfected First Priority security interest in the entire personal property Collateral of the Borrowers located in Mexico, to the extent contemplated by the Mexican Security Documents; and

Mexican Security Documents. The Mercantile Pledge Agreements, Gratuitous Bailment Agreements and Guaranty, each dated or to be dated on or prior to the Closing Date, between GO/DAN ▇▇▇ico and the Agent and Radiadores and the Agent and each in form and substance satisfactory to the Banks and the Agent.

Mexican Security Documents. Guarantee of US Borrowers given by Radio Componentes de Mexico, S.A. de C.V.;

Mexican Security Documents the Mexican Pledge Agreement, and any other Mexican law governed secured agreement executed under or in connection with this Agreement.