Common use of Perfected Security Instruments Clause in Contracts

Perfected Security Instruments. At all times after execution and delivery of each Pledge Agreement by the Pledgor thereunder and satisfaction of the conditions set forth in Section 6.1, the security interests created in favor of the Agent for the benefit of the Lenders under the Pledge Agreements will constitute valid, perfected security interests in the Pledged Stock and Assigned Interests, subject to no other Liens.

Appears in 1 contract

Samples: Stock Pledge Agreement (Miller Industries Inc /Tn/)

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Perfected Security Instruments. At all times after execution and delivery of each Pledge Agreement by the Pledgor thereunder and satisfaction of the conditions set forth in Section 6.15.1, the security interests created in favor of the Agent for the benefit of the Lenders under the Pledge Agreements will constitute valid, perfected security interests in the Pledged Stock and Assigned InterestsStock, subject to no other Liens other than Permitted Liens.

Appears in 1 contract

Samples: Credit Agreement (Miller Industries Inc /Tn/)

Perfected Security Instruments. (a) At all times after execution and delivery of each Pledge Agreement by the Pledgor thereunder and satisfaction of the conditions set forth in Section 6.1, the security interests created in favor of the Agent for the benefit of the Lenders under the Pledge Agreements will constitute valid, perfected security interests in the Pledged Stock and Assigned Interests, subject to no other Liens.;

Appears in 1 contract

Samples: Credit Agreement (Breed Technologies Inc)

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Perfected Security Instruments. (a) At all times after execution and delivery of each Pledge Agreement by the Pledgor thereunder and satisfaction of the conditions set forth in Section 6.15.1, the security interests created in favor of the Agent for the benefit of the Lenders under the Pledge Agreements will constitute valid, perfected security interests in the Pledged Stock and Assigned Partnership Interests, subject to no other Liens.;

Appears in 1 contract

Samples: Stock Pledge Agreement (Cultural Access Worldwide Inc)

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