Common use of Perfection of Personal Property Security Interests and Pledges; Search Reports Clause in Contracts

Perfection of Personal Property Security Interests and Pledges; Search Reports. The Collateral Agent shall have received: (i) a Perfection Certificate executed by each Loan Party; (ii) appropriate financing statements (Form UCC-1 or such other financing statements or similar notices as shall be required by local Law) authenticated and authorized for filing under the UCC of each jurisdiction in which the filing of a financing statement may be required, or reasonably requested by the Collateral Agent, to perfect by filing under the UCC the security interests created by the Collateral Documents; (iii) all of the Pledged Securities consisting of certificated securities, which Pledged Securities shall be in suitable form for transfer by delivery, or shall be accompanied by duly executed instruments of transfer or assignment in blank, all in form and substance reasonably satisfactory to the Collateral Agent; and (iv) all other filings and recordings of or with respect to the Collateral Documents and of all other actions in each case to the extent required by such Collateral Documents on or prior to the Closing Date.

Perfection of Personal Property Security Interests and Pledges; Search Reports. The Collateral Agent shall have received: (i) a Perfection Certificate executed by each Loan Party; (ii) appropriate financing statements (Form UCC-1 or such other financing statements or similar notices as shall be required by local Law) authenticated and authorized for filing under the UCC of each jurisdiction in which the filing of a financing statement may be required, or reasonably requested by the Collateral Agent, to perfect by filing under the UCC the security interests created by the Collateral Documents; (iii) evidence reasonably satisfactory to it that the “Collateral Agent” under the Term Facility has received (and held as bailee for the Collateral Agent pursuant to the Intercreditor Agreement) the following: all of the Pledged Securities consisting of certificated securities, which Pledged Securities shall be in suitable form for transfer by delivery, or shall be accompanied by duly executed instruments of transfer or assignment in blank, all in form and substance reasonably satisfactory to the Collateral Agent; and (iv) all other filings and recordings of or with respect to the Collateral Documents and of all other actions in each case to the extent required by such Collateral Documents on or prior to the Closing Date.

Perfection of Personal Property Security Interests and Pledges; Search Reports. The Collateral Agent shall have received: (i) a Perfection Certificate executed by each Loan Party; (ii) appropriate financing statements (Form UCC-1 or such other financing statements or similar notices as shall be required by local Law) authenticated and authorized for filing under the UCC of each jurisdiction in which the filing of a financing statement may be required, or reasonably requested by the Collateral Agent, to perfect by filing under the UCC the security interests created by the Collateral Documents; (iii) evidence reasonably satisfactory to it that the “Collateral Agent” under the Term FacilityCredit Agreement has received (and held as bailee for the Collateral Agent pursuant to the Intercreditor Agreement) the following: all of the Pledged Securities consisting of certificated securities, which Pledged Securities shall be in suitable form for transfer by delivery, or shall be accompanied by duly executed instruments of transfer or assignment in blank, all in form and substance reasonably satisfactory to the Collateral Agent; and (iv) all other filings and recordings of or with respect to the Collateral Documents and of all other actions in each case to the extent required by such Collateral Documents on or prior to the Closing Date.