Common use of Other Property Clause in Contracts

Other Property. (i) Cause all of its owned real and personal property (other than property excluded pursuant to the terms of the Security Agreement or that is covered by Section 6.21(a)) to be subject at all times to first priority, perfected Liens in favor of the Administrative Agent to secure the Obligations pursuant to the terms and conditions of the Collateral Documents or, with respect to any such property acquired subsequent to the Closing Date, such other additional security documents as the Administrative Agent shall reasonably request, subject in any case to Liens permitted hereunder and (ii) deliver such other documentation as the Administrative Agent may reasonably request in connection with the foregoing, including, without limitation, appropriate UCC-1 financing statements, real estate title insurance policies, surveys, environmental reports, landlord’s waivers, certified resolutions and other organizational and authorizing documents of such Person, favorable opinions of counsel to such Person (which shall cover, among other things, the legality, validity, binding effect and enforceability of the documentation referred to above and the perfection of the Administrative Agent’s Liens thereunder) and other items of the types required to be delivered pursuant to Section 4.01, all in form, content and scope reasonably satisfactory to the Administrative Agent. With respect to any such property acquired after the Closing Date, the Company or the relevant Guarantor, as the case may be, shall be permitted sixty (60) days to effectuate the purposes of this Section 6.21(b), or such additional time as may be reasonably necessary to effectuate the same, provided the Company or such Guarantor, as the case may be, is diligently pursuing the same.

Other Property. (i) Cause all of its owned real property and all personal property (property, in each case other than property excluded pursuant to the terms of the Security Agreement or that is covered by Section 6.21(a)) Excluded Property to be subject at all times to first priority, perfected (to the extent required pursuant to the terms of the Loan Documents) and, in the case of owned real property, title insured Liens in favor of the Administrative Agent Agent, for the benefit of the holders of the Obligations, to secure the Obligations pursuant to the terms and conditions of the Collateral Documents or, with respect to any such property acquired subsequent to the Closing Date, such other additional security documents as the Administrative Agent shall reasonably request, subject in any case to Permitted Liens permitted hereunder and (ii) deliver such other documentation as the Administrative Agent may reasonably request deems necessary in connection with the foregoing, including, without limitation, appropriate UCC-1 financing statements, real estate title insurance policies, surveys, environmental reports, landlord’s waiversflood determinations, certified resolutions and other organizational and authorizing documents of such Person, to the extent required by the Administrative Agent, in the reasonable judgment of the Administrative Agent, favorable opinions of counsel to such Person (which shall cover, among other things, the legality, validity, binding effect and enforceability of the documentation referred to above and the perfection of the Administrative Agent’s Liens thereunder) and other items of the types required to be delivered pursuant to Section 4.015.01(g), all in form, content and scope reasonably satisfactory to the Administrative Agent. With respect to any such property acquired after the Closing Date, the Company or the relevant Guarantor, as the case may be, shall be permitted sixty (60) days to effectuate the purposes of this Section 6.21(b), or such additional time as may be reasonably necessary to effectuate the same, provided the Company or such Guarantor, as the case may be, is diligently pursuing the same.

Other Property. (i) Cause all of its owned real and personal property (other than property excluded pursuant to the terms of the Security Agreement or that is covered by Section 6.21(a)) to be subject at all times to first priority, perfected Liens in favor of the Administrative Agent to secure the Obligations pursuant to the terms and conditions of the Collateral Security Documents or, with respect to any such property acquired subsequent to the Closing Date, such other additional security documents as the Administrative Agent shall reasonably request, subject in any case to Liens permitted hereunder and (ii) deliver such other documentation as the Administrative Agent may reasonably request in connection with the foregoing, including, without limitation, appropriate UCC-1 financing statements, real estate title insurance policies, surveys, environmental reports, landlord’s waivers, certified resolutions and other organizational and authorizing documents of such Person, favorable opinions of counsel to such Person (which shall cover, among other things, the legality, validity, binding effect and enforceability of the documentation referred to above and the perfection of the Administrative Agent’s Liens thereunder) and other items of the types required to be delivered pursuant to Section 4.01, all in form, content and scope reasonably satisfactory to the Administrative Agent. With respect to any such property acquired after the Closing Date, the Company or the relevant Guarantor, as the case may be, shall be permitted sixty (60) days to effectuate the purposes of this Section 6.21(b), or such additional time as may be reasonably necessary to effectuate the same, provided the Company or such Guarantor, as the case may be, is diligently pursuing the same.

Other Property. (i) Cause all of its owned real and personal property (other than property excluded pursuant to the terms Excluded Property) of the Security Agreement or that is covered by Section 6.21(a)) each Loan Party to be subject at all times to first priority, perfected and, in the case of owned real property, title insured Liens in favor of the Administrative Agent to secure the Obligations Obligations, in each case pursuant to the terms and conditions of the Collateral Documents or, with respect to any such property acquired subsequent to the Closing Effective Date, such other additional security documents as the Administrative Agent shall reasonably request, subject in any case to Permitted Liens permitted hereunder and (ii) deliver such other documentation as the Administrative Agent may reasonably request in connection with the foregoing, including, without limitation, appropriate UCC-1 financing statements, real estate title insurance policies, surveys, environmental reports, landlord’s waivers, certified resolutions and other organizational and authorizing documents of such Person, Person and favorable opinions of counsel to such Person (which shall cover, among other things, the legality, validity, binding effect and enforceability of the documentation referred to above and the perfection of the Administrative Agent’s Liens thereunder) and other items of the types required to be delivered pursuant to Section 4.014.01(a), all in form, content and scope reasonably satisfactory to the Administrative Agent. With respect to any such property acquired after the Closing Date, the Company or the relevant Guarantor, as the case may be, shall be permitted sixty (60) days to effectuate the purposes of this Section 6.21(b), or such additional time as may be reasonably necessary to effectuate the same, provided the Company or such Guarantor, as the case may be, is diligently pursuing the same.

Other Property. (i) Cause all of its owned and leased real and personal property (other than property excluded pursuant to the terms of the Security Agreement or that is covered by Section 6.21(a)) Excluded Property to be subject at all times to a perfected (and, in the case of IP rights, first priority) and, perfected in the case of real property, title insured Liens (it being understood and agreed that the Loan Parties shall only be required to provide title insured Liens for leased real property upon the request of the Administrative Agent) in favor of the Administrative Agent Agent, for the benefit of the holders of the Obligations, to secure the Obligations pursuant to the terms and conditions of the Collateral Documents or, with respect to any such property acquired subsequent to the Closing Date, such other additional security documents in customary form as the Administrative Agent shall reasonably request, subject in any case to Permitted Liens permitted hereunder and (ii) deliver such other documentation in customary form as the Administrative Agent may reasonably request in connection with the foregoing, including, without limitation, appropriate UCC-1 financing statements, real estate title insurance policies, surveys, environmental reports, landlord’s waiverswaivers (subject to Section 7.18), certified resolutions and other organizational and authorizing documents of such Person, favorable customary opinions of counsel to such Person (which shall cover, among other things, the legality, validity, binding effect and enforceability of the documentation referred to above and the perfection of the Administrative Agent’s Liens thereunder) and other items of the types required to be delivered pursuant to Section 4.015.01(g), all in form, content and scope reasonably satisfactory to the Administrative Agent. With respect to any such property acquired after the Closing Date, the Company or the relevant Guarantor, as the case may be, shall be permitted sixty (60) days to effectuate the purposes of this Section 6.21(b), or such additional time as may be reasonably necessary to effectuate the same, provided the Company or such Guarantor, as the case may be, is diligently pursuing the same.