Common use of Other Perfection, etc Clause in Contracts

Other Perfection, etc. The Grantors shall at any time and from time to time take such steps as the Collateral Agent may reasonably request for the Collateral Agent (a) to obtain an acknowledgment, in form and substance reasonably satisfactory to the Collateral Agent, of any bailee having possession of any of the Collateral that the bailee holds such Collateral for the Collateral Agent, (b) to obtain "control" of any Investment Property, Deposit Accounts, Letter-of-Credit Rights or electronic Chattel Paper (as such terms are defined in the UCC), with any agreements establishing control to be in form and substance satisfactory to the Collateral Agent, and (c) otherwise to insure the continued perfection of the Collateral Agent's security interest in any of the Collateral with the priority described in Section 3.4 and of the preservation of its rights therein.

Appears in 2 contracts

Samples: Security Agreement (Marsh Supermarkets Inc), Security Agreement (Marsh Supermarkets Inc)

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Other Perfection, etc. The Grantors Grantor shall at any time and from time to time take such steps as the Collateral Agent may reasonably request for the Collateral Agent (a) to obtain an acknowledgment, in form and substance reasonably satisfactory to the Collateral Agent, of any bailee having possession of any of the Collateral that the bailee holds such Collateral for the Collateral Agent, (b) to obtain "control" of any Investment Property, Deposit Accounts, Letter-of-Credit Rights or electronic Chattel Paper (as such terms are defined in the UCC), with any agreements establishing control to be in form and substance satisfactory to the Collateral Agent, and (c) otherwise to insure the continued perfection of the Collateral Agent's ’s security interest in any of the Collateral with the priority described in Section 3.4 3.2 and of the preservation of its rights therein.

Appears in 1 contract

Samples: Security Agreement (American Color Graphics Inc)

Other Perfection, etc. The Grantors shall at any time and from time to time take such steps as the Collateral Agent may reasonably request for the Collateral Agent (a) to obtain an acknowledgment, in form and substance reasonably satisfactory to the Collateral Agent, of any bailee having possession of any of the Collateral that the bailee holds such Collateral for the Collateral Agent, (b) to obtain "control" of any Investment Property, Deposit Accounts, Letter-of-Credit Rights or electronic Chattel Paper (as such terms are defined in the UCC), with any agreements establishing control to be in form and substance satisfactory to the Collateral Agent, and (c) otherwise to insure the continued perfection of the Collateral Agent's ’s security interest in any of the Collateral with the priority described in Section 3.4 3.04 and of the preservation of its rights therein.

Appears in 1 contract

Samples: Security Agreement (Dri I Inc)

Other Perfection, etc. The Grantors shall at any time and from time to time take such steps as the Collateral Agent may reasonably request for the Collateral Agent (a) to obtain an acknowledgment, in form and substance reasonably satisfactory to the Collateral Agent, of any bailee having possession of any of the Collateral that the bailee holds such Collateral for the Collateral Agent, (b) to obtain "control" Control of any Investment Property, Deposit Accounts, Letter-of-Credit Rights or electronic Electronic Chattel Paper (as such terms are defined in the UCC)Paper, with any agreements establishing control Control to be in form and substance reasonably satisfactory to the Collateral Agent, and (c) otherwise to insure the continued perfection of the Collateral Agent's ’s security interest in any of the Collateral with the priority described in Section 3.4 SECTION 3.03 and of the preservation of its rights therein.

Appears in 1 contract

Samples: Security Agreement (Cost Plus Inc/Ca/)

Other Perfection, etc. The Grantors Each Grantor shall at any time and from time to time take such steps as the Collateral Agent may reasonably request for the Collateral Agent (a) to obtain an acknowledgment, in form and substance reasonably satisfactory to the Collateral Agent, of any bailee having possession of any of the Collateral that the bailee holds such Collateral for the Collateral Agent, (b) to obtain "control" Control of any Investment Property, Deposit Accounts (subject, in the case of Deposit Accounts, to Section 6.13 of the Credit Agreement), Letter-of-Credit Rights or electronic Electronic Chattel Paper (as such terms are defined in the UCC)Paper, with any agreements establishing control Control to be in form and substance reasonably satisfactory to the Collateral Agent, and (c) otherwise to insure the continued perfection of the Collateral Agent's ’s security interest in any of the Collateral with the priority described in Section 3.4 3.03 and of the preservation of its rights therein.

Appears in 1 contract

Samples: Security Agreement (A.C. Moore Arts & Crafts, Inc.)

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Other Perfection, etc. The Grantors shall at any time and from time to time take such steps as the Collateral Agent may reasonably request for the Collateral Agent (a) to obtain an acknowledgment, in form and substance reasonably satisfactory to the a Collateral Agent, Access Agreement of any bailee having possession of any of the Collateral that the bailee holds such Collateral for the Collateral Agent, (b) to obtain "control" Control of any Investment Property, Deposit AccountsAccounts (to the extent required by Section 2.18 of the ABL Agreement), Letter-of-Credit Rights or electronic Chattel Paper (as such terms are defined in the UCC), with any agreements establishing control to be in form and substance reasonably satisfactory to the Collateral Agent, and (c) otherwise to insure the continued perfection of the Collateral Agent's ’s security interest in any of the Collateral with the priority described in Section 3.4 SECTION 3.03 and of the preservation of its rights therein.

Appears in 1 contract

Samples: Security Agreement (COHOES FASHIONS of CRANSTON, Inc.)

Other Perfection, etc. The Grantors shall at any time and from time to time take such steps as the Collateral Agent may reasonably request for the Collateral Agent (a) to obtain an acknowledgment, in form and substance reasonably satisfactory to the Collateral Agent, of any bailee having possession of any of the Collateral that the bailee holds such Collateral for the Collateral Agent, (b) to obtain "control" of any Investment Property, Deposit Accounts and Concentration Accounts, Letter-of-Credit Rights Rights, or electronic Chattel Paper (as such terms are defined in the UCC)Paper, with any agreements establishing control to be in form and substance satisfactory to the Collateral Agent, and (c) otherwise to insure the continued perfection of the Collateral Agent's ’s security interest in any of the Collateral with the priority described in Section 3.4 3.3 and of the preservation of its rights therein.

Appears in 1 contract

Samples: Security Agreement (Zale Corp)

Other Perfection, etc. The Grantors shall at any time and from time to time take such steps as the Collateral Agent may reasonably request for the Collateral Agent (a) to obtain an acknowledgment, in form and substance reasonably satisfactory to the a Collateral Agent, Access Agreement of any bailee having possession of any of the Collateral that the bailee holds such Collateral for the Collateral Agent, (b) to obtain "control" Control of any Investment Property, Deposit AccountsAccounts (to the extent required by Section 2.18 of the Credit Agreement), Letter-of-Credit Rights or electronic Chattel Paper (as such terms are defined in the UCC), with any agreements establishing control to be in form and substance reasonably satisfactory to the Collateral Agent, and (c) otherwise to insure the continued perfection of the Collateral Agent's ’s security interest in any of the Collateral with the priority described in Section 3.4 SECTION 3.03 and of the preservation of its rights therein.

Appears in 1 contract

Samples: Security Agreement (COHOES FASHIONS of CRANSTON, Inc.)

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