Notation of Liens. AESOP Leasing will deliver to the Lender and the Trustee on or prior to the Initial Closing Date and on an ongoing basis, as applicable, evidence (which, in the case of the filing of financing statements on form UCC-1, may be telephonic confirmation of such filing, followed by prompt written confirmation) that it has caused or is causing the Trustee's name to be noted on the Certificate of Title for each Vehicle leased under the AESOP I Operating Lease (other than Certificates of Title for the Initial PVT Vehicles, which Certificate of Title will show BONY as the first lienholder, and Vehicles titled in the states of Nebraska, Ohio and Oklahoma) in accordance herewith and all filings (including filings of financing statements on form UCC-1) and recordings have been accomplished as may be required by law to establish, perfect (other than perfection of the security interest of the Trustee in Vehicles by notation of the lien of the Trustee on the Certificates of Title for Vehicles titled in the States of Nebraska, Ohio and Oklahoma), protect and preserve the rights, titles, interests, remedies, powers, privileges, licenses and security interest of the Trustee in such Vehicles and other AESOP I Operating Lease Loan Collateral for the benefit of the Secured Parties.
Notation of Liens. AESOP Leasing II will deliver to the Lender and the Trustee on or prior to the Initial Closing Date and on an ongoing basis, as applicable, evidence (which, in the case of the filing of financing statements on form UCC-1, may be telephonic confirmation of such filing) that it has caused or is causing the Trustee's name to be noted on the Certificate of Title for each Vehicle leased under the AESOP II Operating Lease (other than Certificates of Title for Vehicles titled in the states of Nebraska, Ohio and Oklahoma) in accordance herewith and all filings (including filings of financing statements on form UCC-1) and recordings have been accomplished as may be required by law to establish, perfect (other than perfection of the security interest of the Trustee in Vehicles by notation of the lien of the Trustee on the Certificates of Title for Vehicles titled in the States of Nebraska, Ohio and Oklahoma), protect and preserve the rights, titles, interests, remedies, powers, privileges, licenses and security interest of the Trustee in such Vehicles and other AESOP II Loan Collateral for the benefit of the Secured Parties.
Notation of Liens. There are no liens, restrictions or adverse claims as to which the Issuer has a duty under Section 8-403(4) of the Uniform Commercial Code (the "UCC") to which such security is or may be subject, --- other than those set forth in the Loan Documents (as defined in that certain Credit Agreement, dated as of ________________, 1997, by and among the Borrower, the Lenders party thereto and The Bank of New York, as Administrative Agent and Bank of America NT & SA, as Documentation Agent, as amended, supplemented or otherwise modified from time to time) or [list applicable organizational documents]. The Issuer hereby agrees, at the request of the Administrative Agent and at the expense of the Issuer, to register any further assignment or transfer of the foregoing security effected in the manner contemplated by the Agreement and promptly to furnish to the Administrative Agent and any such assignee or transferee any statement contemplated by Section 8-408 of the UCC. [NAME OF ISSUER] By:_________________________ Name:_______________________ Title:______________________ ANNEX B-1 TO THE BORROWER SECURITY AGREEMENT DATED AS OF SEPTEMBER 25, 1997 FORM OF GRANT OF SECURITY INTEREST (PATENTS) -------------------------------------------- SALEM COMMUNICATIONS CORPORATION, a California corporation (the "Borrower"), -------- is obligated to THE BANK OF NEW YORK, as Administrative Agent (the "Administrative Agent"), and has entered into a Borrower Security Agreement -------------------- dated the date hereof (the "Agreement") with the Administrative Agent. --------- Pursuant to the Agreement, the Borrower granted to the Administrative Agent a security interest in all of the right, title and interest of the Borrower in and to the letters patent or applications for letters patent, of the United States, more particularly described on Schedule 1 (the "Patents") together with any ------- reissue, continuation, continuation-in-part or extension thereof, and all proceeds thereof, any and all causes of action which may exist by reason of infringement thereof for the full term of the Patents (the "Collateral"), to ---------- secure the prompt payment, performance and observance of the Obligations (as defined in the Agreement). For good and valuable consideration, the receipt of which is hereby acknowledged, and for the purpose of recording the grant of the security interest as aforesaid, the Borrower does hereby further assign to the Administrative Agent, and grant to the Administrat...
Notation of Liens. AESOP Leasing will deliver to the Lender and the Trustee on or prior to the Initial Closing Date and on an ongoing basis, as applicable, evidence (which, in the case of the filing of financing statements on form UCC-1, may be telephonic confirmation of such filing, followed by prompt written confirmation) that it has caused or is causing the Trustee's name to be noted on the Certificate of Title for each Vehicle leased under the Finance Lease (other than Certificates of Title with respect to the (i) Initial Financed Vehicles for which BONY is noted as the first lienholder and (ii) Franchisee Vehicles for which the nominee lienholder under the applicable Franchisee Nominee Agreement is noted as the first lienholder) in accordance herewith and all filings (including filings of financing statements on form UCC-1) and recordings have been accomplished as may be required by law to establish, perfect, protect and preserve the rights, titles, interests, remedies, powers, privileges, licenses and security interest of the Trustee in such Vehicles and other AESOP I Finance Lease Loan Collateral for the benefit of the Secured Parties.
Notation of Liens. The Liquidity Agent shall have received evidence (which, in the case of the filing of financing statements on form UCC-1, may be telephonic confirmation of such filing) that all filings (including filings of financing statements on form UCC-1) and recordings have been accomplished as may be required by law to establish, perfect, protect and preserve the rights, titles, interests, remedies, powers, privileges, licenses and security interest of (a) the Master Collateral Agent in the Group II Collateral and (b) the Collateral Agent in the Assigned Collateral for the benefit of the Secured Parties.
Notation of Liens. AESOP Leasing shall have delivered to the Lender and the Trustee on or prior to the Restatement Effective Date and will deliver on an ongoing basis, as applicable, evidence (which, in the case of the filing of financing statements on form UCC-l, may be telephonic confirmation of such filing, followed by prompt written confirmation) that it has caused or is causing the Trustee’s name to be noted on the Certificate of Title for each Vehicle leased under the Finance Lease (other than Certificates of Title with respect to the Franchisee Vehicles for which the nominee lienholder under the applicable Franchisee Nominee Agreement is noted as the first lienholder) in accordance herewith and all filings (including filings of financing statements on form UCC-1) and recordings have been accomplished as may be required by law to establish, perfect, protect and preserve the rights, titles, interests, remedies, powers, privileges, licenses and security interest of the Trustee in such Vehicles and other AESOP I Finance Lease Loan Collateral for the benefit of the Secured Parties.
Notation of Liens. The Liquidity Agent shall have received ----------------- evidence (which, in the case of the filing of financing statements on form UCC-1, may be telephonic confirmation of such filing) that all filings (including filings of financing statements on form UCC-1) and recordings have been accomplished (or, in the case of Certificates of Title subject to the provisions of the Vehicle Title Nominee Agreement as of the Closing Date are in the process of being finalized) as may be required by law to establish, perfect, protect and preserve the rights, titles, interests, remedies, powers, privileges, licenses and security interest of (a) the Agent in the Loan Collateral and (b) the Agent in the Assigned Collateral, in each case for the benefit of the Secured Parties.
Notation of Liens. Promptly after payment has been made with respect to any HVIF Vehicle, use commercially reasonable best efforts to note the Collateral Agent as the first lienholder on the Certificate of Title with respect to such HVIF Vehicle; provided that if HVIF and the HVIF Administrator have used commercially reasonable best efforts to make such notation as promptly after such payment, any failure to have such lien noted during the applicable Lien Holiday for such HVIF Vehicle shall not result in such HVIF Vehicle being deemed an Ineligible Vehicle for purposes of the definition of “Aggregate Asset Amount.”.
Notation of Liens. There are no liens, restrictions or adverse claims as to which the Issuer has a duty under Section 8-403(4) of the Uniform Commercial Code (the "UCC") to which such security is or may be subject, --- other than those set forth in the Loan Documents (as defined in that certain Credit Agreement, dated as of September 25, 1997, by and among the Borrower, the Lenders party thereto, The Bank of New York, as Administrative Agent, and Bank of America NT&SA, as Documentation Agent, as amended, supplemented or otherwise modified from time to time).
Notation of Liens. Evidence (which, in the case of the filing of financing statements on form UCC-1, may be telephonic confirmation of such filing) that all filings (including filings of financing statements on form UCC-1) and recordings have been accomplished as may be required by law to establish, perfect, protect and preserve the rights, titles, interests, remedies, powers, privileges, licenses and security interest of (a) the Trustee in the Group II Collateral for the benefit of the Secured Parties, (b) the Trustee in the Series 2000-1 Collateral for the benefit of the Series 2000-1 Noteholders and (c) the Borrower in the Vehicles, Repurchase Programs and proceeds thereof (to the extent the Group II Master Lease is deemed not to constitute an operating lease); provided that the Borrower shall have until the close of business on March 10, 2000 to deliver such evidence.
