Common use of Perfection of Uncertificated Securities Collateral Clause in Contracts

Perfection of Uncertificated Securities Collateral. The Administrative Agent has a perfected first priority security interest in all uncertificated Securities Collateral pledged by it hereunder that is in existence on the date hereof.

Appears in 4 contracts

Samples: Credit Agreement (Magnum Hunter Resources Corp), Security and Pledge Agreement (Amedisys Inc), Revolving Credit Agreement (Carriage Services Inc)

AutoNDA by SimpleDocs

Perfection of Uncertificated Securities Collateral. The Administrative Agent has a perfected first priority security interest in all uncertificated Securities Collateral (other than Excluded Equity Interests) pledged by it hereunder that is in existence on the date hereofClosing Date.

Appears in 1 contract

Samples: Security and Pledge Agreement (Mitcham Industries Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!