Perfection of Security. The Borrower must (at its own cost) take any action and enter into and deliver any document which is required by the Security Agent so that a Transaction Security Document provides for effective and perfected security in favour of any successor Security Agent.
Appears in 3 contracts
Samples: Bridge Facilities Agreement (Compagnie Maritime Belge NV), Bridge Facilities Agreement (Compagnie Maritime Belge NV), Bridge Facilities Agreement (Compagnie Maritime Belge NV)
Perfection of Security. The Borrower must (at its own cost) take any action and enter into and deliver any document which is required by the Security Agent so that a Transaction Security Document provides for effective and perfected security in favour of any successor Security Agent.
Appears in 3 contracts
Samples: Bpifae Facility Agreement (Globalstar, Inc.), Second Lien Facility Agreement (Globalstar, Inc.), Coface Facility Agreement (Globalstar, Inc.)
