Common use of Other Property Clause in Contracts

Other Property. Cause all property (other than Excluded Property) of each Loan Party to be subject at all times to first priority perfected Liens, which Liens are superior in right to any other Person (subject to Permitted Liens) and, in the case of owned real property, title insured Liens, in each case, in favor of the Administrative Agent to secure the Obligations pursuant to the Collateral Documents or, with respect to any such property acquired subsequent to the Effective Date, such other additional security documents as the Administrative Agent shall reasonably request and, in connection with the foregoing, deliver to the Administrative Agent such other documentation as the Administrative Agent may reasonably request including filings and deliveries necessary to perfect such Liens, Organization Documents, resolutions, Real Property Security Documents and favorable opinions of counsel to such Person, all in form, content and scope reasonably satisfactory to the Administrative Agent.

Appears in 3 contracts

Samples: Credit Agreement (Greenbrook TMS Inc.), Credit Agreement (Greenbrook TMS Inc.), Credit Agreement (Greenbrook TMS Inc.)

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Other Property. Cause all property (other than Excluded Property) of each Loan Party (including each Loan Party that is a Delaware Divided LLC) to be subject at all times to first priority priority, perfected Liens, which Liens are superior in right to any other Person (subject to Permitted Liens) and, in the case of owned real propertyproperty (whether leased or owned), title insured Liens, in each case, Liens in favor of the Administrative Agent to secure the Obligations pursuant to the Collateral Documents or, with respect to any such property acquired subsequent to the Effective Closing Date, such other additional security documents documents, including Real Property Security Documents, as the Administrative Agent shall reasonably request and(subject to Permitted Liens), and in connection with the foregoing, deliver to the Administrative Agent such other documentation as the Administrative Agent may reasonably request request, including filings and deliveries necessary to perfect such Liens, Organization Documents, resolutions, Real Property Security Documents and favorable opinions of counsel to such PersonPersons and the Lenders, all in form, content and scope reasonably satisfactory to the Administrative Agent.

Appears in 3 contracts

Samples: Credit Agreement (Biocryst Pharmaceuticals Inc), Credit Agreement (Biocryst Pharmaceuticals Inc), Credit Agreement (Cti Biopharma Corp)

Other Property. Cause all property (other than Excluded Property) of each Loan Party (including each Loan Party that is a Delaware Divided LLC) to be subject at all times to first priority priority, perfected Liens, which Liens are superior in right to any other Person (subject to Permitted Liens) and, in the case of owned real propertyproperty (whether leased or owned), title insured Liens, in each case, Liens in favor of the Administrative Agent to secure the Obligations pursuant to the Collateral Documents or, with respect to any such property acquired subsequent to the Effective Closing Date, such other additional security documents as the Administrative Agent shall reasonably request (subject to Permitted Liens) and, in connection with the foregoing, deliver to the Administrative Agent such other documentation as the Administrative Agent may reasonably request including filings and deliveries necessary to perfect such Liens, Organization Documents, resolutions, Real Property Security Documents Documents, and favorable opinions of counsel to such Person, all in form, content and scope reasonably satisfactory to the Administrative Agent.

Appears in 2 contracts

Samples: Credit Agreement (Dermira, Inc.), Credit Agreement (Kala Pharmaceuticals, Inc.)

Other Property. Cause all property (other than Excluded Property) of each Loan Party to be subject at all times to first priority priority, perfected Liens, which Liens are superior in right to any other Person (subject to Permitted Liens) and, in the case of owned real propertyproperty (whether leased or owned), title insured Liens, in each case, Liens in favor of the Administrative Agent to secure the Obligations pursuant to the Collateral Documents or, with respect to any such property acquired subsequent to the Effective Closing Date, such other additional security documents as the Administrative Agent shall reasonably request (subject to Permitted Liens) and, in connection with the foregoing, deliver to the Administrative Agent such other documentation as the Administrative Agent may reasonably request including filings and deliveries necessary to perfect such Liens, Organization Documents, resolutions, Real Property Security Documents Documents, landlord’s waivers and favorable opinions of counsel to such Person, all in form, content and scope reasonably satisfactory to the Administrative Agent. .

Appears in 1 contract

Samples: Credit Agreement (Shiloh Industries Inc)

Other Property. Cause all property (other than Excluded Property) of each Loan Party (including each Loan Party that is a Delaware Divided LLC) to be subject at all times to first priority perfected Liens, which Liens are superior in right to any other Person (subject to Permitted Liens) perfected Liens and, in the case of owned real property, title insured Liens, in each case, in favor of the Administrative Agent to secure the Obligations pursuant to the Collateral Documents or, with respect to any such property acquired subsequent to the Effective Date, such other additional security documents as the Administrative Agent shall reasonably request and, in connection with the foregoing, deliver to the Administrative Agent such other documentation as the Administrative Agent may reasonably request including filings and deliveries necessary to perfect such Liens, Organization Documents, resolutions, Real Property Security Documents and favorable opinions of counsel to such Person, all in form, content and scope reasonably satisfactory to the Administrative Agent.

Appears in 1 contract

Samples: Credit Agreement (Intuity Medical, Inc.)

Other Property. Cause all property of each Loan Party (other than Excluded Property) of each Loan Party to be subject at all times to first priority priority, perfected Liens, which Liens are superior in right to any other Person (subject to Permitted Liens) and, in the case of owned real propertyproperty (whether leased or owned), title insured Liens, in each case, Liens in favor of the Administrative Agent Agent, for the benefit of the Secured Parties, to secure the Secured Obligations pursuant to the Collateral Documents or, with respect to any such property acquired subsequent to the Effective Closing Date, such other additional security documents as the Administrative Agent shall reasonably request (subject to Permitted Liens) and, in connection with the foregoing, deliver to the Administrative Agent such other documentation as the Administrative Agent may reasonably request including filings and deliveries necessary to perfect such Liens, Organization Documents, resolutions, Real Mortgaged Property Security Support Documents and favorable opinions of counsel to such Person, all in form, content and scope reasonably satisfactory to the Administrative Agent.

Appears in 1 contract

Samples: Credit Agreement (Ducommun Inc /De/)

Other Property. Cause all property (other than Excluded Property) of each Loan Party to be subject at all times to first priority perfected Liens, which Liens are superior in right to any other Person (subject to Permitted Liens) and, in the case of owned real propertyproperty (whether leased or owned), title insured Liens, in each case, in favor of the Administrative Agent to secure the Obligations pursuant to the Collateral Documents or, with respect to any such property acquired subsequent to the Effective Funding Date, such other additional security documents as the Administrative Agent shall reasonably request and, in connection with the foregoing, deliver to the Administrative Agent such other documentation as the Administrative Agent may reasonably request including filings and deliveries necessary to perfect such Liens, Organization Documents, resolutions, Real Property Security Documents and favorable opinions of counsel to such Person, all in form, content and scope reasonably satisfactory to the Administrative Agent.

Appears in 1 contract

Samples: Credit Agreement (Veracyte, Inc.)

Other Property. Cause all property (other than Excluded Property) of each Loan Party to be subject at all times to first priority perfected Liens, which Liens are superior in right to any other Person (subject to Permitted Liens) ), perfected and, in the case of owned real property, title insured Liens, in each case, Liens in favor of the Administrative Agent to secure the Obligations pursuant to the Collateral Documents or, with respect to any such property acquired subsequent to the Effective Closing Date, such other additional security documents as the Administrative Agent Required Lenders shall reasonably request and, in connection with the foregoing, deliver to the Administrative Agent (for further distribution to the Lenders) such other documentation as the Administrative Agent may reasonably request including filings and deliveries necessary to perfect such Liens, Organization Documents, resolutions, Real Property Security Documents Documents, and favorable opinions of counsel to such Person, all in form, content and scope reasonably satisfactory to the Administrative AgentRequired Lenders.

Appears in 1 contract

Samples: Credit Agreement (Zevra Therapeutics, Inc.)

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Other Property. Cause all property (other than Excluded Property) of each Loan Credit Party (including each Credit Party that is a Delaware Divided LLC) to be subject at all times to first priority priority, perfected Liens, which Liens are superior in right to any other Person (subject to Permitted Liens) and, in the case of owned real property, title insured Liens, in each case, Liens in favor of the Administrative Agent to secure the Obligations pursuant to the Collateral Documents or, with respect to any such property acquired subsequent to the Effective Closing Date, such other additional security documents as the Administrative Agent (at the direction of the Required Purchasers) shall reasonably request and, in connection with the foregoing, deliver to the Administrative Agent such other documentation as the Administrative Agent may reasonably request including filings and deliveries necessary to perfect such Liens, Organization Documents, resolutions, Real Property Security Documents Documents, and favorable opinions of counsel to such Person, all in form, content and scope reasonably satisfactory to the Administrative Agent.

Appears in 1 contract

Samples: Note Purchase Agreement (Revance Therapeutics, Inc.)

Other Property. Cause all property (other than Excluded Property) of each Loan Party to be subject at all times to first priority perfected Liens, which Liens are superior in right to any other Person (subject to Permitted Liens) and, in the case of owned real property, title insured Liens, in each case, in favor of the Administrative Agent to secure the Obligations pursuant to the Collateral Documents or, with respect to any such property acquired subsequent to the Effective Date, such other additional security documents as the Administrative Agent shall reasonably request and, in connection with the foregoing, deliver to the Administrative Agent such other documentation as the Administrative Agent may reasonably request including filings and deliveries necessary to perfect such Liens, Organization Documents, resolutions, Real Property Security Documents and favorable opinions of counsel to such Person, all in form, content and scope reasonably satisfactory to the Administrative Agent.

Appears in 1 contract

Samples: Credit Agreement (Greenbrook TMS Inc.)

Other Property. Cause all property (other than Excluded Property) of each Loan Party to be subject at all times to first priority priority, perfected Liens, which Liens are superior in right to any other Person (subject to Permitted Liens) and, in the case of owned real propertyproperty (whether leased or owned), title insured Liens, in each case, Liens in favor of the Administrative Agent to secure the Obligations pursuant to the Collateral Documents or, with respect to any such property acquired subsequent to the Effective Closing Date, such other additional security documents as the Administrative Agent shall reasonably request (subject to Permitted Liens) and, in connection with the foregoing, deliver to the Administrative Agent such other documentation as the Administrative Agent may reasonably request including filings and deliveries necessary to perfect such Liens, Organization Documents, resolutions, Real Property Security Documents Documents, landlord’s waivers and favorable opinions of counsel to such Person, all in form, content and scope reasonably satisfactory to the Administrative Agent.

Appears in 1 contract

Samples: Credit Agreement (Shiloh Industries Inc)

Other Property. Cause all property (other than Excluded Property) of each Loan Party to be subject at all times to first priority priority, perfected Liens, which Liens are superior in right to any other Person (subject to Permitted Liens) and, in the case of owned real propertyproperty (whether leased or owned), title insured Liens, in each case, Liens in favor of the Administrative Agent to secure the Obligations pursuant to the Collateral Documents or, with respect to any such property acquired subsequent to the Effective Closing Date, such other additional security documents as the Administrative Agent shall reasonably request (subject to Permitted Liens) and, in connection with the foregoing, deliver to the Administrative Agent such other documentation as the Administrative Agent may reasonably request including filings and deliveries necessary to perfect such Liens, Organization Documents, resolutions, Real Property Security Documents Documents, and favorable opinions of counsel to such Person, all in form, content and scope reasonably satisfactory to the Administrative Agent.

Appears in 1 contract

Samples: Credit Agreement (Lpath, Inc)

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