No filings required. The Liens and security ------------------- interests referred to herein shall be deemed valid and perfected by entry of the Bankruptcy Court Order and entry of the Bankruptcy Court Order shall have occurred on or before the date of any Loan or the issuance of any Letter of Credit. The Collateral Agent shall not be required to file any financing statements, mortgages, notices of Lien or similar instruments in any jurisdiction or filing office or to take any other action in order to validate or perfect the Lien and security interest granted by or pursuant to this Agreement or the Bankruptcy Court Order or any other Loan Document.
Appears in 1 contract
Samples: Financing Agreement (Solutia Inc)
No filings required. The Liens and security ------------------- interests referred to herein shall be deemed valid and perfected by entry of the Bankruptcy Court Order Order, and entry of the Bankruptcy Court Order shall have occurred on or before the date of any Loan or the issuance of any Letter of CreditCredit Accommodations. The Collateral Agent shall not be required to file any financing statements, mortgages, notices of Lien or similar instruments in any jurisdiction or filing office or to take any other action in order to validate or perfect the Lien and security interest granted by or pursuant to this Agreement or Agreement, the Bankruptcy Court Order Order, or any other Loan Document.
Appears in 1 contract
No filings required. The Liens and security interests ------------------- interests referred to herein shall be deemed valid and perfected by entry of the Final Bankruptcy Court Order Order, and entry of the Final Bankruptcy Court Order shall have occurred on or before the date of any Loan or the issuance of any Letter of Credithereunder. The Collateral Agent shall not be required to file any financing statements, mortgagesMortgages, notices of Lien or similar instruments in any jurisdiction or filing office or to take any other action in order to validate or perfect the Lien and security interest granted by or pursuant to this Agreement or Agreement, the Final Bankruptcy Court Order or any other Loan Document.
Appears in 1 contract
Samples: Financing Agreement (Lernout & Hauspie Speech Products Nv)
No filings required. The Liens and security ------------------- interests referred to herein shall be deemed valid and perfected by entry of the Final Bankruptcy Court Order Order, and entry of the Final Bankruptcy Court Order shall have occurred on or before the date of any Loan or the issuance of any Letter of Creditinitial Loans hereunder. The Collateral Agent shall not be required to file any financing statements, mortgagesMortgages, notices of Lien or similar instruments in any jurisdiction or filing office or to take any other action in order to validate or perfect the Lien and security interest granted by or pursuant to this Agreement or Agreement, the Final Bankruptcy Court Order or any other Loan Document.
Appears in 1 contract
Samples: Financing Agreement (Sunterra Corp)