Common use of Perfection of Liens Clause in Contracts

Perfection of Liens. UCC-1 financing statements and, if applicable, certificates of title covering the Collateral executed by Borrower shall duly have been recorded or filed in the manner and places required by law to establish, preserve, protect and perfect the interests and rights created or intended to be created by the Security Agreement; and all taxes, fees and other charges in connection with the execution, delivery and filing of the Security Agreement and the financing statements shall duly have been paid.

Appears in 7 contracts

Samples: Credit and Security Agreement (Sancilio Pharmaceuticals Company, Inc.), Credit and Security Agreement (Sancilio Pharmaceuticals Company, Inc.), Revolving Credit and Security Agreement (Corgenix Medical Corp/Co)

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Perfection of Liens. UCC-1 UCC-l financing statements and, if applicable, certificates of title covering the Collateral executed by the Borrower shall duly have been recorded or filed in the manner and places required by law to establish, preserve, protect and perfect the interests and rights created or intended to be created by the this Agreement and any other Security Agreement; and all taxes, fees and other charges in connection with the execution, delivery and filing of this Agreement, the Security Agreement and the financing statements shall duly have been paid.

Appears in 5 contracts

Samples: Share Purchase Agreement (Vector Aeromotive Corp), Share Purchase Agreement (American Dream International LTD), Share Purchase Agreement (Welty W R)

Perfection of Liens. UCC-1 financing statements and, if applicable, certificates of title covering the Collateral executed by the Borrower shall duly have been recorded or filed in the manner and places required by law to establish, preserve, protect and perfect the interests and rights created or intended to be created by the this Agreement and any other Security Agreement; and all taxes, fees and other charges in connection with the execution, delivery and filing of this Agreement, the Security Agreement and the financing statements shall duly have been paid.

Appears in 2 contracts

Samples: Revolving Credit and Security Agreement (Nstor Technologies Inc), Credit and Security Agreement (Prestige Cosmetics Corp)

Perfection of Liens. UCC-1 financing statements and, if applicable, certificates of title covering the Collateral executed by Borrower shall duly have been recorded or filed in the manner and places required by law to establish, preserve, protect and perfect the interests and rights created or intended to be created by the Security Agreement; and all taxes, fees and other charges in connection with the execution, delivery and filing of the Security Agreement and the financing statements shall duly have been paid.

Appears in 2 contracts

Samples: Non Revolving Credit Agreement (Unilife Corp), Loan and Security Agreement (JPS Industries Inc)

Perfection of Liens. UCC-1 financing statements and, if applicable, certificates of title covering the Collateral executed by Borrower shall duly have been recorded or filed sent for filing in the manner and places required by law to establish, preserve, protect and perfect the interests and rights created or intended to be created by the Security Agreement; and all taxes, fees and other charges in connection with the execution, delivery and filing of the Security Agreement and the financing statements shall duly have been paid.

Appears in 1 contract

Samples: Revolving and Term Credit and Security Agreement (Aerosonic Corp /De/)

Perfection of Liens. UCC-1 financing statements and, if applicable, certificates of title covering the Collateral executed by Borrower shall duly have been recorded or filed in the manner and places required by law to establish, preserve, protect and perfect the interests and rights created or intended to be created by the Security Agreement; and all taxes, fees and other charges in connection with the execution, delivery and filing of the Security Agreement and the financing statements shall duly have been paid.

Appears in 1 contract

Samples: Revolving Credit and Security Agreement (Intelligroup Inc)

Perfection of Liens. The UCC-1 financing statements and, if applicable, certificates of title covering the Collateral executed by Borrower the Obligors shall duly have been recorded or filed in the manner and places required by law to establish, preserve, protect and perfect the interests and rights created or intended to be created by the Security Agreementthis Agreement and any other Loan Document; and all taxes, fees and other charges in connection with the execution, delivery and filing of this Agreement, the Security Agreement Notes and the financing statements other Loan Documents shall duly have been paid.

Appears in 1 contract

Samples: Term Loan, Revolving Credit and Security Agreement (Able Telcom Holding Corp)

Perfection of Liens. UCC-1 financing statements and, if applicable, certificates of title covering the Collateral executed by Borrower or other appropriate and applicable Person shall duly have been recorded or filed in the manner and places required by law to establish, preserve, protect and perfect the interests and rights created or intended to be created by the Security Agreement; and all taxes, fees and other charges in connection with the execution, delivery and filing of the Security Agreement and the financing statements shall duly have been paid.

Appears in 1 contract

Samples: Revolving Credit and Security Agreement (JPS Industries Inc)

Perfection of Liens. UCC-1 financing statements and, if applicable, ------------------- certificates of title covering the Collateral or other Loan Documents executed by Borrower shall duly have been recorded or filed in the manner and places required by law to establish, preserve, protect and perfect the interests and rights created or intended to be created by the Security Agreement; and all taxes, fees and other charges in connection with the execution, delivery and filing of the Security Agreement and the financing statements shall duly have been paid.

Appears in 1 contract

Samples: Loan and Security Agreement (Bradley Pharmaceuticals Inc)

Perfection of Liens. UCC-1 financing statements and, if applicable, certificates of title covering the Collateral executed by Borrower shall duly have been recorded or filed in the manner and places required by law to establish, preserve, protect and perfect the interests and rights created or intended to be created by the Security AgreementAgreement and the Leasehold Mortgage; and all taxes, fees and other charges in connection with the execution, delivery and filing of the Security Agreement Agreement, the Leasehold Mortgage and the financing statements shall duly have been paid.

Appears in 1 contract

Samples: Loan and Security Agreement (Cpac Inc)

Perfection of Liens. UCC-1 financing statements and, if applicable, certificates of title covering the Collateral executed by Borrower shall duly have been recorded or filed in the manner and places required by law to establish, preserve, protect and perfect the interests and rights created or intended to be created by the Security Agreementhereby; and all taxes, fees and other charges in connection with the execution, delivery and filing of the Security this Agreement and the financing statements shall duly have been paid.

Appears in 1 contract

Samples: Revolving Credit and Security Agreement (Digital Lightwave Inc)

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Perfection of Liens. The UCC-1 financing statements and, if applicable, certificates of title covering the Collateral executed by Borrower the Obligors shall duly have been recorded or filed in the manner and places required by law to establish, preserve, protect and perfect the interests and rights created or intended to be created by the Security Agreementthis Agreement and any other Loan Document; and all taxes, fees and other charges in connection with the execution, delivery and filing of this Agreement, the Security Agreement Note and the financing statements other Loan Documents shall duly have been paid.

Appears in 1 contract

Samples: Term Loan and Security Agreement (Able Telcom Holding Corp)

Perfection of Liens. UCC-1 financing statements and, if applicable, certificates of title covering the Collateral executed by Borrower Borrower, shall duly have been duly recorded or filed in the manner and places required by law to establish, preserve, protect and perfect the interests and rights created or intended to be created by the Security Agreement; and all taxes, fees and other charges in connection with the execution, delivery and filing of the Security Agreement and the financing statements shall duly have been paid.

Appears in 1 contract

Samples: Revolving Credit and Security Agreement (Innovaro, Inc.)

Perfection of Liens. UCC-1 financing statements statements, collateral ------------------- assignments, trademark and patent assignments, and, if applicable, certificates of title covering the Collateral executed by Borrower shall duly have been duly recorded or filed in the manner and places required by law to establish, preserve, protect protect, and perfect the interests and rights created or intended to be created by the Security Agreement; and all taxes, fees and other charges in connection with the execution, delivery and filing of the Security this Agreement and the financing statements shall duly have been paidany other security agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (Display Technologies Inc)

Perfection of Liens. UCC-1 financing statements and, if applicable, certificates of title covering the Collateral executed by Borrower shall duly have been recorded or filed in the manner and places required by law to establish, preserve, protect and perfect the interests and rights created or intended to be created by the Security AgreementAgreements; and all taxes, fees and other charges in connection with the execution, delivery and filing of the Security Agreement Agreements and the financing statements shall duly have been paid.

Appears in 1 contract

Samples: Revolving Credit and Security Agreement (Sri Surgical Express Inc)

Perfection of Liens. UCC-1 UCC-l financing statements and, if applicable, certificates of title and collateral assignments covering the Collateral executed by Borrower shall duly have been duly recorded or filed in the manner and places required by law to establish, preserve, protect protect, and perfect the interests and rights created or intended to be created by the Security Agreement; this Agreement and all taxes, fees any other security agreement and other charges in connection with the execution, delivery and filing Lender has received possession of the Security Agreement stock and the financing statements shall duly have been paidSurplus Notes pledged as Collateral.

Appears in 1 contract

Samples: Loan and Security Agreement (Amcomp Inc /Fl)

Perfection of Liens. UCC-1 financing statements and, if ------------------- applicable, certificates of title covering the Collateral executed by Borrower and each Guarantor shall duly have been recorded or filed in the manner and places required by law to establish, preserve, protect and perfect the interests and rights created or intended to be created by the Security Agreement; and all taxes, fees and other charges in connection with the execution, delivery and filing of the Security Agreement and the financing statements shall duly have been paid.

Appears in 1 contract

Samples: Revolving Credit and Security Agreement (Pra International Inc)

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