Perfection of Liens and Security Interest. On the Closing Date, the Lien and security interest in favor of the Indenture Collateral Agent with respect to Indenture Property will be perfected by the filing of financing statements on Form UCC-1 in each jurisdiction where such recording or filing is necessary for the perfection thereof, the delivery of the Receivable Files for the Receivables to the Custodian, and the establishment of the Collection Account, the Subcollection Account, the Lockbox Account, the Pre-Funding Account, the Reserve Account and the Note Distribution Account in accordance with the provisions of the Transaction Documents, and no other filings in any jurisdiction or any other actions (except as expressly provided herein) are necessary to perfect the Collateral Agent's Lien on and security interest in the Collateral as against any third parties.
Perfection of Liens and Security Interest. On the Date of Issuance, the Lien and security interest in favor of the Trust Collateral Agent with respect to the Collateral will be perfected by the filing of financing statements on Form UCC-1 in each jurisdiction where such recording or filing is necessary for the perfection thereof, the delivery of the Receivables Files to the Custodian, and the establishment of the Collection Account and the Note Distribution Account in accordance with the provisions of the Transaction Documents, and no other filings in any jurisdiction or any other actions (except as expressly provided herein) are necessary to perfect the Trust Collateral Agent’s Lien on and security interest in the Collateral as against any third parties.
Perfection of Liens and Security Interest. On the Closing Date, the Lien and security interest in favor of the Trust Collateral Agent with respect to the Collateral will be perfected by the delivery of the Receivable Files to the Custodian, which Receivable Files the Custodian will hold on behalf of the Trust Collateral Agent, the filing of financing statements on Form UCC-1 in each jurisdiction where such recording or filing is necessary for the perfection of the security interest in favor of the Trustee and the establishment of the Collection Account, the Distribution Account, the Note Distribution Account, the Pre-Funding Period Reserve Account, the Pre-Funding Account and the Lockbox Account in accordance with the provisions of the Transaction Documents, and no other filings in any jurisdiction or any other actions (except as expressly provided herein) are necessary to perfect the Trustee Collateral Agent's first priority Lien on and security interest in the Collateral as against any third parties.
Perfection of Liens and Security Interest. All filings, recordings and other actions that are necessary or, in the judgment of the Administrative Agent as the case may be, desirable in order to establish, protect and perfect the Administrative Agent's lien on and perfected security interest in (and the First Priority (as defined in SCHEDULE 5.26) status thereof) all right, title, estate and interest of the Company, or the Sponsors, as the case may be, in and to the Subject Collateral, shall have been duly made or taken and all fees, taxes and other charges relating to such filings and recordings and other actions shall have been paid in full. The Administrative Agent as the case may be, shall have received authenticated copies, with a copy for each Secured Party, or other evidence of all filings, recordings and other actions obtained or made in order to create and perfect such perfected First Priority lien on and perfected security interest in the Subject Collateral.
Perfection of Liens and Security Interest. On the Closing Date, the Indenture Trustee, on behalf of FSA and the Obligationholders, will have a valid and perfected first priority security interest in the Trust Estate, including but not limited to all funds and Permitted Investments in the Trust Accounts, free and clear of all Liens and Restrictions on Transferability, other than the Lien of the Indenture and the Restrictions on Transferability contained in the Transaction Documents.
Perfection of Liens and Security Interest. On the Closing Date, the Lien and security interest in favor of the Trustee with respect to the Trust Estate will be perfected by the delivery of the Contracts to the Custodian, which Contracts the Custodian will hold on behalf of the Trustee, the filing of financing statements on Form UCC-l in each jurisdiction where such recording or filing is necessary for the perfection of the security interest in favor of the Trustee and the establishment of the Collection Account, the Certificate Account, the Pre-Funding Period Reserve Account, the Pre-Funding Account and the Revolving Account in accordance with the provisions of the Transaction Documents, and no other filings in any jurisdiction or any other actions (except as expressly provided herein) are necessary to perfect the Trustee's first priority Lien on and security interest in the Trust Estate as against any third parties.
Perfection of Liens and Security Interest. As of the date hereof, ----------------------------------------- Lender will have a valid and perfected first priority lien on and security interest in all of the Collateral (whether now owned or hereafter acquired), which lien and security interest will be enforceable against the applicable grantor thereof and all third parties and will secure the obligations stated therein. All filings, recordations and other actions necessary under any laws to perfect and protect such liens and security interests as first-priority liens and security interests in the Collateral have been, or will on the Closing Date be, duly taken.
Perfection of Liens and Security Interest. The Lien and security interest in favor of the Collateral Agent with respect to the Receivables and Other Conveyed Property will be perfected by the filing of financing statements on Form UCC-1 on or prior to the Date of Issuance in each jurisdiction where such recording or filing is necessary for the perfection thereof, the delivery of the Receivable Files for the Receivables to the Custodian, and the establishment of the Collection Account, the Note Distribution Account and the Spread Account in accordance with the provisions of the Transaction Documents, and no other filings in any jurisdiction or any other actions (except as expressly provided herein) are necessary to perfect the Collateral Agent's Lien on and security interest in the Receivables and Other Conveyed Property as against any third parties.
Perfection of Liens and Security Interest. The lien and security interest in favor of the Buyer with respect to the Purchased Securities will be perfected by (i) the delivery of the Purchased Securities to the Custodian, which Purchased Securities the Custodian will hold on behalf of the Buyer, (ii) the filing of financing statements on Form UCC-1 and recording of any assignment of mortgage in the appropriate jurisdiction or jurisdiction where such recording or filing is necessary for the perfection of the security interest in favor of the Buyer, and no other filings in any jurisdiction or any other actions (except as expressly provided herein) are necessary to perfect the Buyer's first priority lien on and security interest in the Purchased Securities as against any third parties.
Perfection of Liens and Security Interest. All filings, recordings and other actions that are necessary or, in the judgment of the Administrative Agent, desirable in order to establish, protect and perfect the Administrative Agent's lien on and perfected security interest in (and the First Priority status thereof) all right, title, estate and interest of the Company, its Subsidiaries, each License Affiliate or the Shareholder, as the case may be, in and to the Subject Collateral, shall have been duly made or taken and all fees, taxes and other charges relating to such filings and recordings and other actions shall have been paid in full. The Administrative Agent shall have received authenticated copies, with a copy for each Secured Party, or other evidence of all filings, recordings and other actions obtained or made in order to create and perfect such perfected First Priority lien on and perfected security interest in the Subject Collateral.
