Common use of Perfection of Security Interests in the Collateral Clause in Contracts

Perfection of Security Interests in the Collateral. Subject to Section 7.21, the Collateral Documents create valid security interests in, and Liens on, the Collateral purported to be covered thereby, which security interests and Liens will be, upon the timely and proper filings, deliveries, notations and other actions contemplated in the Collateral Documents, perfected security interests and Liens (to the extent that such security interests and Liens can be perfected by such filings, deliveries, notations and other actions), prior to all other Liens other than Permitted Liens.

Appears in 6 contracts

Samples: Credit Agreement (Societal CDMO, Inc.), Credit Agreement (Societal CDMO, Inc.), Credit Agreement (Societal CDMO, Inc.)

AutoNDA by SimpleDocs

Perfection of Security Interests in the Collateral. Subject to Section 7.21, the The Collateral Documents create valid security interests in, and Liens on, the Collateral purported to be covered thereby, which security interests and Liens will be, upon the timely and proper filings, deliveries, notations and other actions contemplated in the Collateral Documents, perfected security interests and Liens (to the extent that such security interests and Liens can be perfected by such filings, deliveries, notations and other actionsactions contemplated in the Collateral Documents), prior to all other Liens other than Permitted Liens.. 6.20

Appears in 1 contract

Samples: Note Purchase Agreement (Tailwind Two Acquisition Corp.)

Perfection of Security Interests in the Collateral. Subject to the Certain Funds Provision in Section 7.216 of the Restatement Agreement, the Collateral Documents create valid security interests in, and Liens on, the Collateral purported to be covered thereby, which security interests and Liens will be, upon the timely and proper filings, deliveries, notations and other actions contemplated in the Collateral Documents, are currently perfected security interests and Liens (to the extent that such security interests and Liens can be perfected by such filings, deliveries, notations and other actions)Liens, prior to all other Liens other than Permitted Liens.

Appears in 1 contract

Samples: Syndicated Facility Agreement (Interface Inc)

Perfection of Security Interests in the Collateral. Subject to Section 7.21, the The Collateral Documents create a valid security interests interest in, and Liens on, the Collateral purported to be covered thereby, which security interests and Liens will be, upon the timely and proper filings, deliveries, notations and other actions contemplated in the Collateral Documents, perfected security interests and Liens (subject to the extent that such security interests and Liens can be perfected by such filings, deliveries, notations and other actions), prior permitted pursuant to all other Liens other than Permitted LiensSection 7.01.

Appears in 1 contract

Samples: Credit Agreement (Cole Corporate Income Trust, Inc.)

AutoNDA by SimpleDocs

Perfection of Security Interests in the Collateral. Subject to Section 7.21, the The Collateral Documents create valid security interests in, and Liens on, the Collateral purported to be covered thereby, which security interests and Liens will be, upon the timely and proper filings, deliveries, notations and other actions contemplated in the Collateral Documents, Documents perfected security interests and Liens (to the extent that such security interests and Liens can be perfected by such filings, deliveries, notations and other actionsactions contemplated in the Collateral Documents), prior to all other Liens other than Permitted Liens.. 6.20

Appears in 1 contract

Samples: Note Purchase Agreement (Revance Therapeutics, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.