Common use of Personal Property Requirements Clause in Contracts

Personal Property Requirements. The Collateral Agent shall have received: (i) all certificates representing or evidencing the Collateral accompanied by instruments of transfer and stock powers undated and endorsed in blank; (ii) UCC financing statements or amendments to previously filed UCC financing statements, in appropriate form for filing under the UCC and such other documents under applicable Requirements of Law in each jurisdiction as may be necessary or appropriate or, in the opinion of the Collateral Agent, desirable to perfect or continue the perfection of the Liens created, or purported to be created, by the Pledge Agreements; (iii) certified copies of UCC, tax and judgment lien searches, bankruptcy and pending lawsuit searches or equivalent reports or searches, each of a recent date listing all effective financing statements, lien notices or comparable documents that name any Loan Party as debtor and that are filed in those state and county jurisdictions in which any Collateral of any Loan Party is located and the state and county jurisdictions in which any Loan Party is organized or maintains its principal place of business and such other searches that the Collateral Agent deems necessary or appropriate, none of which encumber the Collateral covered or intended to be covered by the Security Documents; and (iv) evidence acceptable to the Collateral Agent of payment or arrangements for payment by the Loan Parties of all applicable recording taxes, fees, charges, costs and expenses required for the recording of the Security Documents.

Appears in 1 contract

Samples: Credit Agreement (Adesa Inc)

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Personal Property Requirements. The Collateral Agent shall have received: (i) all certificates certificates, agreements or instruments representing or evidencing the Securities Collateral accompanied by instruments of transfer and stock powers undated and endorsed in blank; (ii) UCC financing statements (or amendments to previously filed UCC financing statements, their foreign equivalents) in appropriate form for filing under the UCC (or its foreign equivalent), and such other documents under applicable Requirements of Law in each jurisdiction as may be necessary or appropriate or, in the opinion of the Collateral Agent, desirable to perfect or continue the perfection of the Liens created, or purported to be created, by the Pledge AgreementsSecurity Documents; (iii) certified copies of UCCUCC (or their foreign equivalents), tax and judgment lien searches, bankruptcy and pending lawsuit searches or equivalent reports or searches, each of a recent date listing all effective financing statements, lien notices or comparable documents that name any Loan Party as debtor and that are filed in those state and county jurisdictions in which any Collateral property of any Loan Party is located and the state and county jurisdictions in which any Loan Party is organized or maintains its principal place of business and such other searches that the Collateral Agent deems necessary or appropriate, none of which encumber the Collateral covered or intended to be covered by the Security DocumentsPledge Agreements (other than Permitted Liens or any other Liens acceptable to the Collateral Agent); and (iv) evidence acceptable to the Collateral Agent of payment or arrangements for payment by the Loan Parties of all applicable recording taxes, fees, charges, costs and expenses required for the recording of the Security Documents.

Appears in 1 contract

Samples: Credit Agreement (Petroleum Geo Services Asa)

Personal Property Requirements. The Collateral Administrative Agent shall have received: (i) all certificates certificates, agreements or instruments representing or evidencing the Collateral constituting Equity Interests accompanied by instruments of transfer and stock powers undated and endorsed in blank; (ii) all other certificates, agreements, including control agreements, or instruments necessary to perfect Administrative Agent’s security interest in all Accounts, chattel paper, instruments, deposit accounts and investment property of each Loan Party (to the extent required by the applicable Collateral Documents); (iii) UCC financing statements or amendments to previously filed UCC financing statements, in appropriate form for filing under the UCC UCC, filings with patent, trademark and copyright offices and such other documents under applicable Requirements of Law law in each jurisdiction as may be necessary or appropriate or, in the opinion of the Collateral Administrative Agent, desirable to perfect or continue the perfection of the Liens created, or purported to be created, by the Pledge Security Agreements;; and (iiiiv) certified copies of UCC, patent, trademark and copyright offices, tax and judgment lien searches, bankruptcy and pending lawsuit searches or equivalent reports or searches, each of a recent date listing all effective financing statements, lien notices or comparable documents that name any Loan Party as debtor and that are filed in those state and county jurisdictions in which any Collateral property of any Loan Credit Party is located and the state and county jurisdictions in which any Loan Credit Party is organized or maintains its principal place of business and such other searches that the Collateral Administrative Agent deems necessary or appropriate, none of which encumber encumbers the Collateral covered or intended to be covered by the Security Documents; and Collateral Documents (iv) evidence acceptable to the Collateral Agent of payment or arrangements for payment by the Loan Parties of all applicable recording taxes, fees, charges, costs and expenses required for the recording of the Security Documentsother than Permitted Liens).

Appears in 1 contract

Samples: Loan Agreement (Integramed America Inc)

Personal Property Requirements. The Collateral Agent Lender shall have received: : a Perfection Certificate (ias defined in the Security Agreement) from each Loan Party; all certificates certificates, agreements or instruments representing or evidencing the Security Agreement Collateral accompanied by instruments of transfer and stock powers undated and endorsed in blank; (ii) ; UCC financing statements or amendments to previously filed UCC financing statements, in appropriate form for filing under the UCC and such other documents under applicable Requirements of Law in each jurisdiction as may be necessary or appropriate or, in the opinion of the Collateral AgentLender, desirable to perfect or continue the perfection of the Liens created, or purported to be created, by the Pledge Agreements; (iii) Security Documents; and certified copies of UCC, tax and judgment lien searches, bankruptcy and pending lawsuit searches or equivalent reports or searches, each of a recent date listing all effective financing statements, lien notices or comparable documents that name any a Loan Party as debtor and that are filed in those state and county jurisdictions in which any Collateral of any Loan Party is located and the state and county jurisdictions in which any such Loan Party is organized or maintains its principal place of business chief executive office and such other searches that the Collateral Agent Lender deems necessary or appropriate, none of which encumber the Collateral covered or intended to be covered by the Security Documents; and Documents (iv) evidence other than Permitted Liens or any other Liens acceptable to the Collateral Agent of payment Lender or arrangements for payment by Liens to be discharged on or prior to the Loan Parties of all applicable recording taxes, fees, charges, costs and expenses required for the recording of the Security DocumentsClosing Date).

Appears in 1 contract

Samples: Credit Agreement (Peak Resorts Inc)

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Personal Property Requirements. The Collateral Agent shall have received: (i) all certificates or instruments representing or evidencing the Securities Collateral that constitute certificated securities or instruments, accompanied by instruments of transfer and stock powers undated and endorsed in blank, that are required to be delivered to the Collateral Agent pursuant to Section 3.1 of the Security Agreement; (ii) UCC financing statements or amendments to previously filed UCC financing statements, in appropriate form for filing under the UCC and such other documents under applicable Requirements of Law in each jurisdiction UCC, as may be necessary or appropriate or, in the opinion of the Collateral Agent, desirable to perfect or continue the perfection of the Liens created, or purported to be created, by the Pledge AgreementsSecurity Documents; (iii) certified copies of UCC, United States Copyright Office, United States Patent and Trademark Office, tax and judgment lien searches, bankruptcy and pending lawsuit searches or equivalent reports or searches, each as of a recent date listing all effective financing statements, lien notices or comparable documents that name any Loan Party as debtor and that are filed in those state and county jurisdictions in which any Collateral of any Loan Party is located and the state and county jurisdictions in which any Loan Party is organized or maintains its principal place of business and such other searches that are required by the Perfection Certificate or that the Collateral Agent deems necessary or appropriate, none of which encumber the Collateral covered or intended to be covered by the Security Documents; and Documents (iv) evidence other than Permitted Liens or any other Liens acceptable to the Collateral Agent of payment or arrangements for payment by the Loan Parties of all applicable recording taxes, fees, charges, costs and expenses required for the recording of the Security Documents.Agent);

Appears in 1 contract

Samples: Credit Agreement (CSG Systems International Inc)

Personal Property Requirements. The Collateral Agent shall have received: (i) all certificates or instruments representing or evidencing the Collateral Equity Interests required to be pledged pursuant to the Guaranty and Security Agreement, accompanied by stock powers or instruments of transfer and stock powers undated and endorsed in blank; (ii) UCC financing statements or amendments to previously filed UCC financing statements, in appropriate form for filing under the UCC UCC, and such other documents under applicable Requirements of Law in each jurisdiction filings with the United States Patent and Trademark Office and the United States Copyright Office as may be necessary or appropriate or, in the reasonable opinion of the Collateral Agent, desirable to perfect or continue the perfection of the Liens created, or purported to be created, by the Pledge Agreements;Collateral Documents; and (iii) certified copies of UCC, United States Patent and Trademark Office and United States Copyright Office, tax and judgment lien searches, bankruptcy and pending lawsuit searches or equivalent reports or searches, each of a recent date listing all effective financing statements, lien notices or comparable documents that name any Loan Credit Party as debtor and that are filed in those state and county jurisdictions in which any Collateral of any Loan Party is located and the state and county jurisdictions in which any Loan Credit Party is organized or maintains its principal place of business and such other searches that the Collateral Agent deems necessary or appropriate, none of which encumber the Collateral covered or intended to be covered by the Security Documents; and Collateral Documents (iv) evidence other than Permitted Liens or any other Liens acceptable to the Collateral Agent of payment or arrangements for payment by the Loan Parties of all applicable recording taxes, fees, charges, costs and expenses required for the recording of the Security DocumentsAgent).

Appears in 1 contract

Samples: Credit Agreement (Archipelago Learning, Inc.)

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